Blue Owl Capital (NYSE:OWL) Announces Quarterly Earnings Results

Blue Owl Capital (NYSE:OWL) released its earnings results on Thursday. The company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.22 by $0.02, Zacks reports. Blue Owl Capital had a net margin of 1.89% and a return on equity of 20.05%. The business had revenue of $701.47 million during the quarter, compared to analyst estimates of $712.75 million.

Here are the key takeaways from Blue Owl Capital’s conference call:

• Blue Owl reported strong fundraising and AUM growth in 2025—$56 billion raised for the year (including >$17 billion in Q4) and the firm crossed $300 billion of AUM, with record institutional and private-wealth inflows.
• Investment performance was highlighted as a competitive advantage: net lease funds posted >13% gross returns (ORENT net ~11%), flagship net-lease IRR ~24% since inception, direct lending net return 8.7%, and low average annualized net realized losses of ~8 bps.
• Financials and capital return: FRE per share was $0.27 in Q4 and $0.96 for 2025, FRE margin came in at 58.3% (slightly above guidance), management declared a 2026 annual dividend of $0.92 and signaled modest margin and FRE-per-share growth in 2026–2027.
• Management stressed credit resilience—tech loans show strong revenue/EBITDA growth (cumulative ~40%/50% since Nov 2022), software exposure is ~8% of AUM, and they report no material uptick in distress metrics, though these are company-provided assessments.
• Wealth-channel headwinds persisted for some non-traded BDCs with slower flows and elevated redemptions in Q4 (management says all tender requests were met), and one product (OTIC) remains concentrated in Asia, signaling near-term liquidity and sentiment risks in parts of the retail lineup.

Blue Owl Capital Price Performance

Shares of NYSE:OWL traded up $0.80 during mid-day trading on Friday, reaching $12.43. 17,767,599 shares of the company traded hands, compared to its average volume of 18,919,535. The company’s 50 day moving average price is $15.20 and its 200-day moving average price is $16.65. The firm has a market cap of $19.39 billion, a PE ratio of 207.22, a PEG ratio of 1.02 and a beta of 1.11. Blue Owl Capital has a 52 week low of $10.88 and a 52 week high of $24.94.

Blue Owl Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 20th will be given a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date of this dividend is Friday, February 20th. Blue Owl Capital’s payout ratio is presently 1,500.00%.

Key Stories Impacting Blue Owl Capital

Here are the key news stories impacting Blue Owl Capital this week:

• Positive Sentiment: Q4 earnings beat and AUM milestone — Blue Owl reported $0.24 EPS (vs. $0.22 consensus) and highlighted record fundraising with assets under management topping $300B, reinforcing underlying fee revenue growth. Blue Owl Capital Inc. Fourth Quarter 2025 Results
• Positive Sentiment: Dividend declared — Blue Owl announced a quarterly dividend of $0.225/share (annualized yield ~7.8%), which supports income investors and can help stabilize demand for the stock around the ex-dividend date (Feb 20).
• Positive Sentiment: Profitability roadmap and margin target — Management is targeting ~58.5% FRE margin for 2026 while expanding digital infrastructure and alternative credit platforms, signaling margin-tailored growth. Blue Owl targets 58.5% FRE margin in 2026
• Positive Sentiment: Real-estate disposition — A Blue Owl fund sold a Pennsylvania warehouse for ~$120M (buyer: ICE/DHS). The sale crystallizes proceeds from an asset and improves liquidity for the fund. Blue Owl fund sells Pennsylvania warehouse to ICE for $120M
• Neutral Sentiment: Management messaging — Blue Owl executives have been actively refocusing investor attention on performance metrics and downplaying concerns about exposure to software companies and AI-driven disruption; this is meant to steady sentiment but may take time to shift investor views. Blue Owl Tries to Refocus Investors on Performance
• Neutral Sentiment: Active dealflow — Continued lending and refinancing activity (e.g., $335M loan on an Amazon-anchored Wynwood Plaza) shows execution in real assets and credit businesses. Amazon-Leased Wynwood Plaza Lands $335M Refi From Blue Owl
• Negative Sentiment: Surge in bearish options activity — Unusual put-buying (94,485 puts on Thursday, ~240% above average) signals short-term investor hedging or speculation against OWL, which can amplify downward pressure on the stock.
• Negative Sentiment: Reputational and sentiment headwinds — Media scrutiny (including a broader reassessment after roughly a 49% one‑year share slide) and the controversy over selling an asset to ICE/DHS may extend negative sentiment despite solid fundamentals. Reassessing Blue Owl Capital (OWL) Blue Owl Fund sells warehouse to DHS for ICE ‘mega’ jail

Insider Activity

In other news, CEO Marc S. Lipschultz bought 69,663 shares of the company’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was bought at an average price of $15.06 per share, with a total value of $1,049,124.78. Following the acquisition, the chief executive officer owned 79,000 shares of the company’s stock, valued at approximately $1,189,740. This represents a 746.10% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Douglas I. Ostrover purchased 139,327 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The shares were acquired at an average cost of $15.06 per share, for a total transaction of $2,098,264.62. Following the completion of the acquisition, the chief executive officer owned 158,000 shares of the company’s stock, valued at approximately $2,379,480. This trade represents a 746.14% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have acquired 395,670 shares of company stock valued at $5,952,393. Company insiders own 27.20% of the company’s stock.

Institutional Trading of Blue Owl Capital

Several institutional investors have recently made changes to their positions in OWL. CIBC Bancorp USA Inc. purchased a new position in Blue Owl Capital in the 3rd quarter worth approximately $5,079,000. Danske Bank A S purchased a new position in Blue Owl Capital during the third quarter valued at $1,782,000. Advisory Services Network LLC purchased a new stake in Blue Owl Capital in the 3rd quarter worth $282,000. Abel Hall LLC bought a new position in shares of Blue Owl Capital during the 3rd quarter valued at about $180,000. Finally, Pin Oak Investment Advisors Inc. purchased a new position in shares of Blue Owl Capital during the third quarter valued at about $97,000. Hedge funds and other institutional investors own 35.85% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. The Goldman Sachs Group set a $14.00 target price on Blue Owl Capital in a report on Friday. Piper Sandler cut their price target on Blue Owl Capital from $21.00 to $15.00 and set an “overweight” rating for the company in a research note on Friday. Evercore ISI set a $14.00 target price on shares of Blue Owl Capital in a research report on Friday. Raymond James Financial upgraded Blue Owl Capital from a “market perform” rating to a “strong-buy” rating and set a $20.00 price target on the stock in a report on Wednesday, December 10th. Finally, Citigroup reissued an “outperform” rating on shares of Blue Owl Capital in a research report on Tuesday, January 27th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $19.77.

Blue Owl Capital Company Profile

Blue Owl Capital is a global alternative asset manager that focuses on private credit, direct lending and equity-related strategies for institutional investors. Headquartered in New York, the firm develops and manages a range of private markets products designed to provide capital solutions to middle-market and larger corporate borrowers, as well as liquidity and partnership arrangements with private equity firms and other alternative managers.

Its core activities include direct lending and credit strategies that provide senior, unitranche and other structured loan products to companies across industries.