Blackstone Inc. (NYSE:BX) Receives Average Rating of “Moderate Buy” from Analysts

Blackstone Inc. (NYSE:BX) has been given an average rating of “Moderate Buy” by the twenty-two ratings firms that are presently covering the stock, Marketbeat.com reports. Eleven investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $165.8571.

BX has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft raised their price target on shares of Blackstone from $164.00 to $185.00 and gave the company a “buy” rating in a report on Wednesday, December 17th. Royal Bank Of Canada began coverage on Blackstone in a report on Monday, February 23rd. They set an “outperform” rating and a $179.00 target price on the stock. HSBC decreased their price target on Blackstone from $178.00 to $174.00 and set a “hold” rating for the company in a research note on Wednesday, January 28th. Piper Sandler cut their price objective on Blackstone from $168.00 to $158.00 and set a “neutral” rating on the stock in a research note on Monday, February 2nd. Finally, Barclays decreased their target price on Blackstone from $164.00 to $126.00 and set an “equal weight” rating for the company in a research report on Monday, March 2nd.

Blackstone Stock Up 4.4%

Shares of Blackstone stock opened at $106.62 on Monday. The stock has a 50-day simple moving average of $134.85 and a 200-day simple moving average of $150.29. Blackstone has a 52-week low of $101.73 and a 52-week high of $190.09. The firm has a market cap of $79.13 billion, a price-to-earnings ratio of 27.48, a P/E/G ratio of 0.85 and a beta of 1.80. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.76 and a quick ratio of 0.76.

Blackstone (NYSE:BX) last issued its quarterly earnings data on Thursday, January 29th. The asset manager reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.54 by $0.21. The firm had revenue of $4.36 billion for the quarter, compared to analyst estimates of $3.69 billion. Blackstone had a net margin of 20.89% and a return on equity of 22.17%. The company’s revenue for the quarter was up 41.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.69 earnings per share. On average, equities research analysts expect that Blackstone will post 5.87 earnings per share for the current fiscal year.

Blackstone Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 9th were issued a dividend of $1.49 per share. The ex-dividend date of this dividend was Monday, February 9th. This represents a $5.96 annualized dividend and a dividend yield of 5.6%. This is an increase from Blackstone’s previous quarterly dividend of $1.29. Blackstone’s payout ratio is currently 153.61%.

More Blackstone News

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Sector rebound lifts BX — Blackstone rose as private‑credit stocks broadly recovered, helping shares rebound after recent weakness in the group. Why Blackstone (BX) Stock Is Up Today
• Positive Sentiment: Record AUM supports fee growth — Blackstone’s assets under management hit about $1.27 trillion, boosting fee‑bearing capital and underpinning longer‑term earnings potential despite private‑credit headline risk. Will Blackstone’s Rising AUM Balance Aid Long-Term Earnings Growth?
• Positive Sentiment: Long‑term performance track record — Analysis showing strong 10‑year returns highlights BX’s compounding of fee and carry businesses, supporting investor confidence over multi‑year horizons. $100 Invested In Blackstone 10 Years Ago Would Be Worth This Much Today
• Neutral Sentiment: AI/portfolio strategy talks — Reports that Anthropic has discussed a joint venture to embed AI across PE portfolios could lower software spend and boost margins, but implications and timing are uncertain. Private equity is about to eat its own software portfolio
• Negative Sentiment: Earlier private‑credit scare pushed shares down — A prior drop was linked to investor concern about private‑credit stability after a major bank announcement, feeding volatility in BX and peers. Why Blackstone (BX) Stock Is Trading Lower Today
• Negative Sentiment: Recent 52‑week low highlights downside sensitivity — Coverage noting BX at a 52‑week low underscores how quickly sentiment can swing on private‑credit headlines and macro concerns. Blackstone Stock Falls To 52-Week Low: Here’s Why

Insider Buying and Selling at Blackstone

In other Blackstone news, major shareholder Holdings Iv Gp Mana Blackstone bought 1,146,789 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The stock was purchased at an average price of $26.16 per share, for a total transaction of $30,000,000.24. Following the purchase, the insider directly owned 16,716,249 shares in the company, valued at $437,297,073.84. This trade represents a 7.37% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of Blackstone stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $10.00, for a total value of $15,961,420.00. The disclosure for this sale is available in the SEC filing. Company insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On Blackstone

Several large investors have recently bought and sold shares of BX. Brighton Jones LLC increased its holdings in shares of Blackstone by 34.6% during the 4th quarter. Brighton Jones LLC now owns 7,917 shares of the asset manager’s stock worth $1,365,000 after purchasing an additional 2,035 shares during the period. Sivia Capital Partners LLC increased its stake in Blackstone by 9.3% during the second quarter. Sivia Capital Partners LLC now owns 2,076 shares of the asset manager’s stock valued at $310,000 after acquiring an additional 177 shares during the period. United Bank lifted its position in shares of Blackstone by 14.7% in the 2nd quarter. United Bank now owns 13,528 shares of the asset manager’s stock worth $2,024,000 after acquiring an additional 1,729 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in shares of Blackstone by 6.9% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 178,950 shares of the asset manager’s stock worth $26,767,000 after purchasing an additional 11,568 shares in the last quarter. Finally, Creative Planning increased its position in shares of Blackstone by 5.8% during the second quarter. Creative Planning now owns 265,213 shares of the asset manager’s stock valued at $39,671,000 after purchasing an additional 14,529 shares during the period. 70.00% of the stock is currently owned by institutional investors and hedge funds.

About Blackstone

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.