Blackstone (NYSE:BX) Earns Outperform Rating from Analysts at Royal Bank Of Canada

Royal Bank Of Canada assumed coverage on shares of Blackstone (NYSE:BX) in a research note issued to investors on Monday morning, Marketbeat reports. The firm issued an outperform rating and a $179.00 price objective on the asset manager’s stock.

Several other brokerages also recently weighed in on BX. The Goldman Sachs Group lowered their target price on Blackstone from $166.00 to $158.00 and set a “neutral” rating for the company in a research note on Friday, January 30th. TD Cowen lowered their price objective on Blackstone from $183.00 to $164.00 and set a “buy” rating for the company in a research note on Thursday, February 12th. Barclays cut their target price on Blackstone from $171.00 to $164.00 and set an “equal weight” rating on the stock in a research report on Friday, January 30th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Blackstone from $164.00 to $185.00 and gave the stock a “buy” rating in a research report on Wednesday, December 17th. Finally, HSBC reduced their price objective on shares of Blackstone from $178.00 to $174.00 and set a “hold” rating on the stock in a research note on Wednesday, January 28th. Eleven research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Blackstone currently has a consensus rating of “Moderate Buy” and a consensus target price of $169.38.

Blackstone Stock Up 1.5%

NYSE BX opened at $118.14 on Monday. The stock has a market cap of $87.24 billion, a PE ratio of 30.45, a P/E/G ratio of 0.91 and a beta of 1.76. The business has a 50 day moving average price of $145.42 and a two-hundred day moving average price of $155.40. Blackstone has a fifty-two week low of $111.04 and a fifty-two week high of $190.09. The company has a quick ratio of 0.75, a current ratio of 0.76 and a debt-to-equity ratio of 0.61.

Blackstone (NYSE:BX) last posted its earnings results on Thursday, January 29th. The asset manager reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $1.54 by $0.21. Blackstone had a net margin of 20.89% and a return on equity of 22.17%. The business had revenue of $4.36 billion for the quarter, compared to analysts’ expectations of $3.69 billion. During the same period in the previous year, the company posted $1.69 earnings per share. The business’s revenue for the quarter was up 41.4% compared to the same quarter last year. As a group, sell-side analysts predict that Blackstone will post 5.87 EPS for the current fiscal year.

Blackstone Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th were issued a $1.49 dividend. This is a boost from Blackstone’s previous quarterly dividend of $1.29. The ex-dividend date of this dividend was Monday, February 9th. This represents a $5.96 annualized dividend and a dividend yield of 5.0%. Blackstone’s dividend payout ratio (DPR) is presently 153.61%.

Insider Activity

In related news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the firm’s stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $10.00, for a total value of $15,961,420.00. Following the sale, the insider owned 2,161 shares of the company’s stock, valued at approximately $21,610. This trade represents a 99.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder Holdings Iv Gp Mana Blackstone acquired 1,146,789 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were bought at an average price of $26.16 per share, with a total value of $30,000,000.24. Following the completion of the purchase, the insider owned 16,716,249 shares in the company, valued at $437,297,073.84. The trade was a 7.37% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 1.00% of the stock is owned by corporate insiders.

Institutional Trading of Blackstone

A number of large investors have recently modified their holdings of BX. REAP Financial Group LLC bought a new position in Blackstone in the 3rd quarter worth about $26,000. Traub Capital Management LLC bought a new position in Blackstone in the 2nd quarter worth approximately $27,000. Family CFO Inc bought a new stake in Blackstone during the 4th quarter valued at $28,000. Ares Financial Consulting LLC acquired a new position in Blackstone during the 4th quarter worth $28,000. Finally, Richardson Financial Services Inc. acquired a new position in shares of Blackstone during the fourth quarter valued at $29,000. Institutional investors and hedge funds own 70.00% of the company’s stock.

Key Stories Impacting Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Major shareholder Holdings IV GP Mana Blackstone bought 1,146,789 BX shares (~$30.0M), increasing its stake ~7.4% — a strong insider vote of confidence that can support the stock. Insider filing
• Positive Sentiment: RBC Capital initiated coverage with an “Outperform” and a $179 price target (large upside vs. current levels), which can attract buyers and institutional flows. RBC coverage
• Positive Sentiment: Seeking Alpha published a bullish Strong Buy piece highlighting BX’s AUM growth (~13% to $1.27T), fee‑related and distributable earnings growth — a narrative that supports long‑term upside. Seeking Alpha bullish
• Positive Sentiment: Blackstone recently raised its quarterly dividend to $1.49 (annualized ~$5.96, ~5.1% yield), which supports income-focused demand. (See consolidated company news and filings.) MarketBeat BX summary
• Positive Sentiment: Blackstone Life Sciences agreed to co‑fund clinical development of an AML therapy — incremental portfolio diversification and upside if assets progress. BXLS AML co-funding
• Neutral Sentiment: Analysts and commentators are actively reframing BX’s valuation assumptions (some raising, others trimming price targets) — this creates both re-rating potential and uncertainty depending on fee/macro outcomes. Analyst valuation reset
• Negative Sentiment: Short interest jumped ~23.8% month‑over‑month to ~13.0M shares as of Feb. 13, signaling increased bearish positioning (though short interest remains a small share of float), which can pressure the stock or increase volatility.
• Negative Sentiment: Wider headwinds — rising Treasury yields, sector fundraising and fee‑realization anxiety and recent analyst price‑target trims — continue to weigh on BX’s longer‑term valuation. Valuation/sector anxiety

Blackstone Company Profile

Blackstone Inc (NYSE: BX) is a global investment firm focused on alternative asset management. Founded in 1985 by Stephen A. Schwarzman and Peter G. Peterson and headquartered in New York City, the firm organizes and manages investment vehicles that acquire and operate businesses, real estate and credit investments, as well as provide hedge fund solutions and other alternative strategies for institutional and individual investors.

Blackstone’s business is organized around several principal investment platforms.