Bank of America buys stake in Oaktree Specialty Lending stock

Published on 10/06/2026 at 10:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Oaktree Specialty Lending stock costs EUR 10.58 after EUR 10.54 on October 6, 2026. Third-quarter revenue was USD 69.15 million.

OCSL, US67401P4054, Illustration mit AI erstellt.

Oaktree Specialty Lending (ISIN US67401P4054) was trading at EUR 10.58 at Lang & Schwarz on October 6, 2026 at 10:12 a.m. CEST, up 0.38 percent from the prior close of EUR 10.54. According to MarketBeat on October 2, 2026, Bank of America acquired 150,251 shares worth USD 1.79 million in the second quarter, equal to 0.17 percent of Oaktree Specialty Lending.

New debt supports balance sheet

Oaktree Specialty Lending also completed a USD 300.0 million note offering on September 16, 2026. The notes carry a fixed interest rate of 7.00 percent and mature on September 16, 2031, according to StockTitan.

The filing says OCSL expects to use the net proceeds to reduce debt under its senior secured revolving credit facility and for general corporate purposes. The same filing identifies OCSL common stock under ticker OCSL on The Nasdaq Stock Market.

Third-quarter earnings beat estimates

For the third fiscal quarter of 2026 ended June 30, Oaktree Specialty Lending reported earnings per share of USD 0.37, above the USD 0.36 consensus estimate, while revenue reached USD 69.15 million versus USD 69.40 million expected, MarketBeat reported.

The earnings mix is important because the earnings-per-share result exceeded expectations by USD 0.01, while revenue missed the consensus figure by USD 0.25 million. Oaktree Specialty Lending operates as a business development company providing customized credit solutions to middle-market companies, according to its investor-relations site.

Dividend cut shapes market view

MarketBeat said the quarterly dividend was reduced from USD 0.30 to USD 0.03 per share, implying an annualized yield of 1.00 percent. Six analysts carry a consensus Hold rating and an average price target of USD 11.83, according to MarketBeat.

OCSL trades below yearly high

OCSL traded at EUR 10.58 at Lang & Schwarz on October 6, 2026 at 10:12 a.m. CEST, plus 0.38 percent versus the Lang & Schwarz prior close of EUR 10.54 on October 5, 2026. The primary-exchange 52-week range was USD 10.63 to USD 14.31, while market capitalization stood at USD 1.0 billion as of October 5, 2026.