<div id="readability-page-1"><p>Shares of Blue Owl Technology Finance Corp. (NYSE:OTF - Get Free Report) have been assigned an average rating of &#34;Hold&#34; from the six brokerages that are  covering the stock, Marketbeat.com reports. One research analyst  has rated the stock with a sell recommendation, two have given a hold recommendation and three have assigned  a buy recommendation to  the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $13.40.</p><p>A number of equities research analysts have recently weighed in on the stock. Wells Fargo &amp; Company lowered their price objective on shares of Blue Owl Technology Finance from $13.00 to $12.00 and set an &#34;overweight&#34; rating for the company in a report on Friday, May 8th. Keefe, Bruyette &amp; Woods decreased their target price on shares of Blue Owl Technology Finance from $13.00 to $12.00 and set a &#34;market perform&#34; rating on the stock in a research report on Tuesday, May 12th. Royal Bank Of Canada lowered their price target on shares of Blue Owl Technology Finance from $14.00 to $12.00 and set a &#34;sector perform&#34; rating for the company in a research note on Monday, May 18th. Zacks Research lowered shares of Blue Owl Technology Finance from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a research report on Tuesday, May 12th. Finally, Truist Financial decreased their price objective on Blue Owl Technology Finance from $16.00 to $15.00 and set a &#34;buy&#34; rating on the stock in a report on Tuesday, May 19th.</p><p><b>View Our Latest Research Report on OTF</b></p><h2>Insider Buying and Selling</h2><p>In other news, Director Melissa Weiler bought 10,000 shares of the business's stock in a transaction dated Wednesday, May 13th. The shares were purchased at an average price of $10.90 per share, for a total transaction of $109,000.00. Following the completion of the acquisition, the director owned 10,000 shares of the company's stock, valued at approximately $109,000. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Chris Temple bought 7,000 shares of the business's stock in a transaction dated Friday, May 22nd. The stock was purchased at an average price of $10.71 per share, for a total transaction of $74,970.00. Following the acquisition, the director directly owned 12,000 shares of the company's stock, valued at approximately $128,520. The trade was a 140.00% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 18,000 shares of company stock worth $194,710 over the last ninety days. Insiders own  0.05% of the company's stock. </p><h2>Institutional Investors Weigh In On Blue Owl Technology Finance</h2><p>Several institutional investors have recently added to or reduced their stakes in OTF. NewEdge Advisors LLC grew its holdings in  Blue Owl Technology Finance by 271.1% in the 1st quarter. NewEdge Advisors LLC now owns 63,378 shares of the company's stock worth $785,000 after acquiring an additional 46,300 shares during the last quarter.  Bank of America Corp DE raised its stake in shares of  Blue Owl Technology Finance by 54.5% during the first quarter. Bank of America Corp DE now owns 1,098,349 shares of the company's stock valued at $13,609,000 after acquiring an additional 387,404 shares during the last quarter.  Ashton Thomas Securities LLC purchased a new stake in shares of  Blue Owl Technology Finance during the first quarter worth about $200,000.  Pine Ridge Advisers LLC grew its stake in shares of  Blue Owl Technology Finance by 100.0% in the first quarter. Pine Ridge Advisers LLC now owns 1,022,732 shares of the company's stock worth $12,672,000 after purchasing an additional 511,368 shares during the last quarter.  Finally, California State Teachers Retirement System bought a new stake in shares of  Blue Owl Technology Finance in the first quarter worth about $250,556,000. </p><h2>Blue Owl Technology Finance Price Performance</h2><p>Shares of Blue Owl Technology Finance stock opened at $11.04 on Friday. The company has a market cap of $5.11 billion and a price-to-earnings ratio of 12.26. The firm's 50-day moving average price is $11.23. Blue Owl Technology Finance has a 12 month low of $10.48 and a 12 month high of $21.62. </p><p>Blue Owl Technology Finance (NYSE:OTF - Get Free Report) last released its earnings results on Wednesday, May 6th. The company reported $0.29 earnings per share for the quarter, missing analysts' consensus estimates of $0.31 by ($0.02). The firm had revenue of $222.12 million during the quarter. Blue Owl Technology Finance had a return on equity of 7.43% and a net margin of 32.78%.During the same period last year, the firm earned $0.41 EPS.  On average, analysts expect that  Blue Owl Technology Finance will post 1.26 EPS for the current year. </p><h2>Blue Owl Technology Finance Increases Dividend</h2><p>The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 12.7%. The ex-dividend date is Tuesday, June 30th. This is a positive change from Blue Owl Technology Finance's previous quarterly dividend of $0.05. Blue Owl Technology Finance's dividend payout ratio  is 155.56%. </p><p>Blue Owl Technology Finance declared that its board has initiated a stock repurchase program on Wednesday, February 18th that authorizes the company to buyback $300.00 million in  outstanding  shares. This buyback authorization authorizes the company to purchase up to 5.1% of its stock  through open market purchases. Stock  buyback programs are generally an indication that the company's board of directors believes its shares are undervalued. </p><h2>About Blue Owl Technology Finance</h2> (Get Free Report)<p>Blue Owl Technology Finance <span>NYSE: OTF<span></span></span> is a publicly traded business development company (BDC) sponsored by alternative asset manager Blue Owl. The firm focuses on providing customized debt and structured capital solutions to technology and technology-enabled companies, with an emphasis on growth-stage and middle-market borrowers. As a BDC, its primary activities include originating, structuring and managing private credit investments tailored to the financing needs of fast-growing businesses.  </p><p>Its investment approach typically centers on direct lending and credit-oriented products, including senior secured loans, unitranche and subordinated debt, as well as selective equity-linked instruments and structured financings.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Blue Owl Technology Finance</li><li>Microsoft Just Gave Investors 3 Dates They Can't Afford to Ignore</li><li>NVIDIA’s Outlook Gains Momentum: Stock Price to Follow</li><li>The World Cup Is Coming—These 3 Stocks Could Cash In</li><li>Spotify's &#34;North Star&#34; Outlook Was Music to Investors Ears</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU9URg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU9URg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Blue Owl Technology Finance Right Now?</h2><p>Before you consider Blue Owl Technology Finance, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Blue Owl Technology Finance wasn't on the list.</p><p>While Blue Owl Technology Finance currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Blue Owl Technology Finance Corp. (NYSE:OTF) holds an average 'Hold' rating from six brokerages, with a consensus price target of $13.40. Recent analyst actions include Wells Fargo, KBW, and RBC lowering targets to $12.00, while Zacks downgraded to 'strong sell'. Insiders purchased 18,000 shares worth ~$195k in the last 90 days. Institutional investors like NewEdge Advisors and Bank of America increased stakes significantly in Q1. The company recently reported Q1 EPS of $0.29, missing estimates.</p>

- Shares of Blue Owl Technology Finance Corp. have an average rating of "Hold" from six brokerages, with one sell, two hold, and three buy recommendations.  
- Analysts lowered price targets for the stock, which currently averages $13.40, and recent insider buying reflects increased confidence in the company.  
- The firm has declared a quarterly dividend of $0.35 per share and initiated a stock repurchase program, indicating a belief in the undervaluation of its shares.

Market Beat

Blue Owl Tech Finance

Bank of America

Wells Fargo

ROYAL BANK OF CANADA

Truist Financial

Blue Owl Capital III

Blue Owl Capital

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A DD

WELLS FARGO & COMPANY 7.5% PERP CONV PRF CLS 'A' SERIES 'L'

WELLS FARGO & COMPANY DEP SHS REP 1/1000 INT PER PFD SER Y A

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A CC

WELLS FARGO & COMPANY 4.75% DEP SHS 1/1000 NCUM PFD CL A SR Z

WELLS FARGO & COMPANY DEP SHS REP 1/1000TH INT PFD SR AA (CLA)

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

Blue Owl Technology Finance Corp. (NYSE:OTF) Receives Average Rating of "Hold" from Brokerages