Top 9 Undervalued Asset Management Stocks to Buy

6. Blue Owl Capital Corporation (NYSE:OBDC)

Stock Upside Potential: 20.10%

Forward Price to Earnings Ratio: 8.60

Number of Hedge Fund Holders: 8

Blue Owl Capital Corporation (NYSE:OBDC) is one of the top undervalued asset management stocks to buy. Citizens JMP revised its price target for Blue Owl Capital Corporation (NYSE:OBDC) on November 7, bringing it down from $17 to $15 while maintaining an Outperform rating. The firm noted that the company’s third-quarter results prompted a reset in expectations but still sees strong value in the stock going forward.

Earlier on November 5, Blue Owl Capital Corporation delivered its Q3 results, affirming solid credit quality and underlying fundamentals. The company also reaffirmed its commitment to shareholder value.

Net investment income per share totaled $0.37 as investment income dropped to $453.1 million from $485.8 million delivered in the second quarter. The decline was due to a decrease in prepayment-related income and interest income from debt investments.

Meanwhile, new investment commitments increased to $1.3 billion from $1.1 billion in the second quarter, as sales and repayments totaled $797 million, compared to $1.9 billion in the same quarter.

Craig W. Packer, Chief Executive Officer of OBDC, noted that the company had delivered another strong quarter, emphasizing the continued strength of its portfolio’s credit quality and fundamentals, attributes that have defined the platform since its inception. He also shared the company’s enthusiasm about the planned merger between OBDC and OBDC II, describing it as a strategic move aimed at creating long-term value for shareholders of both entities.

Consequently, the board of directors has approved a regular quarterly dividend of $0.37 per share, payable on January 15, 2026, to shareholders of record as of December 31, 2025. The board has also approved a $200 million repurchase program.

Blue Owl Capital Corporation (NYSE:OBDC) is an asset manager that provides private capital to businesses and offers alternative investment opportunities to institutional and individual investors. It operates through three leading platforms: Credit, which offers direct lending solutions to middle-market companies; Real Assets; and GP Strategic Capital, which provides long-term financing to investment managers.