Blackstone (NYSE:BX) Given New $126.00 Price Target at BMO Capital Markets

Blackstone (NYSE:BX) had its target price decreased by BMO Capital Markets from $165.00 to $126.00 in a report issued on Tuesday morning,Benzinga reports. BMO Capital Markets currently has an outperform rating on the asset manager’s stock.

Other equities research analysts have also issued research reports about the company. UBS Group cut their target price on Blackstone from $171.00 to $137.00 and set a “neutral” rating on the stock in a research report on Friday, February 20th. The Goldman Sachs Group cut their price target on Blackstone from $166.00 to $158.00 and set a “neutral” rating on the stock in a report on Friday, January 30th. Bank of America lowered their price objective on shares of Blackstone from $199.00 to $189.00 in a research note on Wednesday, December 10th. Piper Sandler cut their target price on shares of Blackstone from $168.00 to $158.00 and set a “neutral” rating on the stock in a research note on Monday, February 2nd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Blackstone in a research note on Wednesday, January 21st. Eleven analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $164.00.

Blackstone Trading Down 1.4%

BX opened at $107.81 on Tuesday. Blackstone has a twelve month low of $101.73 and a twelve month high of $190.09. The company has a fifty day moving average of $128.27 and a 200-day moving average of $147.35. The stock has a market cap of $80.02 billion, a PE ratio of 27.79, a price-to-earnings-growth ratio of 0.87 and a beta of 1.79. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.61.

Blackstone (NYSE:BX) last issued its quarterly earnings results on Thursday, January 29th. The asset manager reported $1.75 EPS for the quarter, beating 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 quarter in the prior year, the firm posted $1.69 earnings per share. The business’s quarterly revenue was up 41.4% compared to the same quarter last year. On average, sell-side analysts predict that Blackstone will post 5.87 EPS for the current year.

Blackstone Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were paid a dividend of $1.49 per share. This is a boost from Blackstone’s previous quarterly dividend of $1.29. The ex-dividend date was Monday, February 9th. This represents a $5.96 dividend on an annualized basis and a yield of 5.5%. Blackstone’s dividend payout ratio (DPR) is presently 153.61%.

Insider Buying and Selling at Blackstone

In related news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the firm’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $10.00, for a total value of $15,961,420.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $3.51, for a total value of $26,246,039.04. Following the sale, the insider directly owned 25,832 shares of the company’s stock, valued at $90,670.32. This represents a 99.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On Blackstone

Institutional investors and hedge funds have recently bought and sold shares of the stock. Jain Global LLC purchased a new position in shares of Blackstone during the third quarter valued at approximately $9,116,000. Close Asset Management Ltd boosted its holdings in Blackstone by 16,035.1% in the third quarter. Close Asset Management Ltd now owns 1,140,264 shares of the asset manager’s stock valued at $194,746,000 after acquiring an additional 1,133,197 shares in the last quarter. Fayez Sarofim & Co increased its position in Blackstone by 1.9% during the 3rd quarter. Fayez Sarofim & Co now owns 1,270,608 shares of the asset manager’s stock valued at $217,083,000 after purchasing an additional 24,237 shares during the period. Whittier Trust Co. lifted its position in shares of Blackstone by 2.1% in the 3rd quarter. Whittier Trust Co. now owns 346,318 shares of the asset manager’s stock worth $58,337,000 after purchasing an additional 7,053 shares during the period. Finally, Natixis Advisors LLC increased its position in shares of Blackstone by 20.4% during the third quarter. Natixis Advisors LLC now owns 840,401 shares of the asset manager’s stock valued at $143,582,000 after buying an additional 142,479 shares during the period. 70.00% of the stock is owned by hedge funds and other institutional investors.

More Blackstone News

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Major insider buying: Holdings IV GP Mana Blackstone purchased 2,868,069 shares (added ~18.2% to its stake), signaling strong insider conviction in the firm’s long‑term value. This large buy can support sentiment and is a constructive sign for shareholders. Blackstone (NYSE:BX) Major Shareholder Buys 2,868,069 Shares
• Positive Sentiment: Planned $15B Japan real estate push: Blackstone reportedly plans to invest about $15 billion in Japanese property over three years, which would grow its real estate AUM in Asia, increase fee‑earning capacity and diversify geographic exposure. This is a strategic growth move that could boost long‑term fee revenue. Blackstone plans to invest $15B in Japanese property over three years – report
• Neutral Sentiment: Communications hire: Black/newsroom addition — Courtney Reagan joined as Senior Editor of Blackstone Insights to drive content and engagement. This improves investor communications but has limited direct financial impact. Blackstone Names Courtney Reagan Senior Editor of Blackstone Insights
• Negative Sentiment: Private‑credit sector stress: BX pulled lower as private‑credit‑linked stocks slid after reports that Apollo and Ares limited redemptions — market concern over liquidity and investor redemptions in private credit is pressuring valuations across the group. That sector contagion is a strong near‑term headwind for Blackstone’s shares. Blackstone Stock Falls As Apollo, Ares Limit Redemptions
• Negative Sentiment: Private credit mark weakness: Blackstone’s private credit fund reportedly saw its first loss in three years, raising questions about near‑term mark‑to‑market performance, fee generation and potential investor redemptions—all risks for earnings and multiple compression. Blackstone’s private credit fund sees its first loss in three years
• Negative Sentiment: Analyst target cut: BMO trimmed its price target from $165 to $126 (while keeping an outperform rating), which reduces near‑term analyst support and can weigh on sentiment even though the new target remains above current levels. BMO Capital Markets cuts BX target to $126

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.