Oaktree Capital Management LP Lowers Stock Holdings in Runway Growth Finance Corp. $RWAY

Oaktree Capital Management LP lowered its position in Runway Growth Finance Corp. (NASDAQ:RWAY) by 15.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 8,279,667 shares of the company’s stock after selling 1,500,000 shares during the quarter. Runway Growth Finance makes up about 0.7% of Oaktree Capital Management LP’s investment portfolio, making the stock its 19th largest position. Oaktree Capital Management LP owned 0.23% of Runway Growth Finance worth $84,121,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. HighTower Advisors LLC lifted its position in shares of Runway Growth Finance by 3.6% in the third quarter. HighTower Advisors LLC now owns 1,442,345 shares of the company’s stock valued at $14,654,000 after acquiring an additional 49,685 shares in the last quarter. Sound Income Strategies LLC bought a new position in shares of Runway Growth Finance in the third quarter worth about $13,842,000. North Ground Capital grew its position in shares of Runway Growth Finance by 48.6% during the third quarter. North Ground Capital now owns 775,000 shares of the company’s stock worth $7,874,000 after purchasing an additional 253,500 shares in the last quarter. Franklin Resources Inc. grew its position in shares of Runway Growth Finance by 7.0% during the third quarter. Franklin Resources Inc. now owns 494,486 shares of the company’s stock worth $5,024,000 after purchasing an additional 32,511 shares in the last quarter. Finally, UBS Group AG raised its stake in Runway Growth Finance by 1.9% during the 3rd quarter. UBS Group AG now owns 406,759 shares of the company’s stock valued at $4,133,000 after purchasing an additional 7,752 shares during the period. Hedge funds and other institutional investors own 64.61% of the company’s stock.

Runway Growth Finance Trading Down 5.2%

NASDAQ RWAY traded down $0.37 on Friday, hitting $6.79. 177,366 shares of the stock were exchanged, compared to its average volume of 383,472. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.54 and a current ratio of 0.54. Runway Growth Finance Corp. has a 52-week low of $6.75 and a 52-week high of $11.40. The firm has a market capitalization of $245.18 million, a P/E ratio of 4.65 and a beta of 0.70. The stock has a fifty day moving average price of $8.70 and a two-hundred day moving average price of $9.39.

Runway Growth Finance Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th will be paid a dividend of $0.33 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 19.5%. Runway Growth Finance’s payout ratio is currently 89.80%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on RWAY. Weiss Ratings reissued a “hold (c-)” rating on shares of Runway Growth Finance in a report on Monday, December 29th. UBS Group reduced their price objective on shares of Runway Growth Finance from $12.50 to $12.00 and set a “buy” rating on the stock in a research report on Wednesday, November 19th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Runway Growth Finance currently has an average rating of “Hold” and an average price target of $11.10.

More Runway Growth Finance News

Here are the key news stories impacting Runway Growth Finance this week:

• Positive Sentiment: Management emphasized a healthy pipeline of new investments and defensive portfolio positioning on the Q4 call, which could support future income generation and portfolio growth. Earnings Call Highlights
• Positive Sentiment: Runway said the SWK Holdings acquisition is expected to close in April, a move management frames as portfolio diversification that could broaden asset types and sponsor relationships. That strategic acquisition may improve deal flow and reduce concentration risk. SWK Acquisition Story
• Neutral Sentiment: Company reported total investment income of $30.0M and net investment income of $11.6M with an investment portfolio of ~$927.4M; these are operational metrics investors will watch for yield and coverage trends. Press Release
• Neutral Sentiment: Full earnings call transcripts and slide deck are available for investors who want management commentary and portfolio detail. Review call transcripts for color on credit performance and pipeline. Earnings Call Transcript (Seeking Alpha)
• Negative Sentiment: Reported EPS and revenue missed expectations — the quarter produced an EPS below consensus (various outlets report $0.20–$0.32 vs. consensus ~$0.36) and revenues were slightly under estimates, prompting near-term selling pressure. Earnings Miss Coverage (Zacks)
• Negative Sentiment: Technicals and fundamentals add caution: the stock is trading below its 50- and 200-day moving averages and near its 12‑month low; liquidity metrics (current/quick ratio ~0.54) and leverage (debt/equity ~0.91) may make investors more sensitive to earnings misses. Market Data

About Runway Growth Finance

Runway Growth Finance, Inc is a publicly traded business development company that provides customized debt and equity financing solutions to high‐growth, venture‐backed companies. The firm specializes in structuring senior secured loans, unitranche facilities, second‐lien financings, convertible notes and equity co‐investments designed to extend the cash runway for late‐stage companies. Runway’s flexible capital offerings are aimed at supporting technology, life sciences and other innovation‐driven sectors as they pursue growth initiatives and prepare for liquidity events.

Originally launched in 2017 under the name Saratoga Investment Corp., the company rebranded as Runway Growth Finance in 2020 following the acquisition of an established middle‐market credit manager.