TD Cowen Lowers Blackstone (NYSE:BX) Price Target to $141.00

Blackstone (NYSE:BX) had its price target cut by investment analysts at TD Cowen from $164.00 to $141.00 in a research report issued on Thursday, MarketBeat Ratings reports. The brokerage presently has a “buy” rating on the asset manager’s stock. TD Cowen’s target price would indicate a potential upside of 22.76% from the stock’s previous close.

BX has been the subject of several other reports. Citizens Jmp reissued a “market outperform” rating and issued a $195.00 target price on shares of Blackstone in a research note on Friday, January 30th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Blackstone from $164.00 to $185.00 and gave the company a “buy” rating in a research note on Wednesday, December 17th. Citigroup reissued a “market outperform” rating on shares of Blackstone in a research note on Friday, January 30th. Piper Sandler decreased their target price on shares of Blackstone from $158.00 to $122.00 and set a “neutral” rating for the company in a research note on Tuesday. Finally, UBS Group decreased their target price on shares of Blackstone from $171.00 to $137.00 and set a “neutral” rating for the company in a research note on Friday, February 20th. Ten research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat, Blackstone currently has a consensus rating of “Hold” and a consensus price target of $155.33.

Blackstone Price Performance

Shares of BX opened at $114.86 on Thursday. The stock has a market capitalization of $85.25 billion, a P/E ratio of 29.60, a P/E/G ratio of 1.17 and a beta of 1.74. Blackstone has a twelve month low of $101.73 and a twelve month high of $190.09. The company has a 50 day moving average of $117.75 and a 200-day moving average of $141.57. 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 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.21. The company had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $3.69 billion. Blackstone had a net margin of 20.89% and a return on equity of 22.17%. The business’s quarterly revenue was up 41.4% on a year-over-year basis. During the same period last year, the business earned $1.69 EPS. As a group, equities research analysts forecast that Blackstone will post 5.87 EPS for the current fiscal year.

Insider Buying and Selling at Blackstone

In other Blackstone news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the firm’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $10.00, for a total transaction of $15,961,420.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Holdings Iv Gp Mana Blackstone purchased 2,868,069 shares of the business’s stock in a transaction on Friday, March 20th. The shares were acquired at an average cost of $26.15 per share, with a total value of $75,000,004.35. Following the acquisition, the insider directly owned 18,628,295 shares in the company, valued at approximately $487,129,914.25. The trade was a 18.20% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On Blackstone

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Jain Global LLC bought a new stake in Blackstone in the third quarter valued at approximately $9,116,000. Fayez Sarofim & Co boosted its holdings in Blackstone by 1.9% in the third quarter. Fayez Sarofim & Co now owns 1,270,608 shares of the asset manager’s stock valued at $217,083,000 after acquiring an additional 24,237 shares during the last quarter. Natixis Advisors LLC boosted its holdings in Blackstone by 20.4% in the third quarter. Natixis Advisors LLC now owns 840,401 shares of the asset manager’s stock valued at $143,582,000 after acquiring an additional 142,479 shares during the last quarter. 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 during the last quarter. Finally, Whittier Trust Co. boosted its holdings in Blackstone by 2.1% in the third quarter. Whittier Trust Co. now owns 346,318 shares of the asset manager’s stock valued at $58,337,000 after acquiring an additional 7,053 shares during the last quarter. Institutional investors and hedge funds own 70.00% of the company’s stock.

Blackstone News Summary

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone is accelerating into AI/data‑center infrastructure, reportedly considering a $2bn IPO vehicle to buy data centers — a strategic push that supports long‑term growth in infrastructure assets. Article Title
• Positive Sentiment: Blackstone acquired a significant minority stake in Rowan Digital Infrastructure (hyperscale, sustainable data centers), providing immediate exposure to hyperscale demand and capacity expansion. Article Title
• Positive Sentiment: Blackstone Credit partnered with Dubai Aerospace Enterprise to launch an aircraft‑leasing programme targeting ~$1.6bn of annual deployment, diversifying fee streams and deploying capital into an income‑oriented asset class. Article Title
• Neutral Sentiment: Analysts’ ratings are mixed but broadly cautious: the street consensus sits at “Hold,” reflecting balanced views on valuation vs. growth prospects. Article Title
• Neutral Sentiment: Some research notes highlight stable fee revenues and record AUM that help buffer volatility, though they flag premium valuation and credit risks. Article Title
• Negative Sentiment: Short interest jumped ~44.9% in March to ~21.5M shares (≈2.9% of float), raising short‑pressure risk and suggesting some investors are betting on near‑term downside — days‑to‑cover ~1.8.
• Negative Sentiment: Private‑credit redemptions shocked the sector in Q1 (FT calculates ~$20bn attempted withdrawals), and Blackstone was named among managers facing outflows — a cyclical risk to credit businesses and fee generation. Article Title
• Negative Sentiment: Multiple brokerages trimmed price targets this week (HSBC to $131/hold; Piper Sandler to $122; Rothschild/TD Cowen lowered PTs), reducing near‑term analyst upside and adding selling pressure. Article Title Article Title Article Title

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.