Blackstone (NYSE:BX) Given New $122.00 Price Target at JPMorgan Chase & Co.

Blackstone (NYSE:BX) had its price target lowered by JPMorgan Chase & Co. from $158.00 to $122.00 in a research note issued to investors on Tuesday, Marketbeat reports. The firm currently has a neutral rating on the asset manager’s stock.

A number of other research analysts also recently issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Blackstone in a research note on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft lifted their price objective 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. TD Cowen cut their price target on Blackstone from $183.00 to $164.00 and set a “buy” rating on the stock in a research note on Thursday, February 12th. The Goldman Sachs Group lowered their price objective on Blackstone from $166.00 to $158.00 and set a “neutral” rating for the company in a research report on Friday, January 30th. Finally, Argus decreased their target price on Blackstone from $195.00 to $163.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. Eleven analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $165.86.

Blackstone Stock Down 4.0%

Blackstone stock opened at $110.77 on Tuesday. The firm has a market capitalization of $82.21 billion, a P/E ratio of 28.55, a P/E/G ratio of 0.99 and a beta of 1.79. The company has a current ratio of 0.76, a quick ratio of 0.75 and a debt-to-equity ratio of 0.61. Blackstone has a twelve month low of $105.09 and a twelve month high of $190.09. The stock’s fifty day simple moving average is $142.24 and its 200-day simple moving average is $153.60.

Blackstone (NYSE:BX) last released its earnings results on Thursday, January 29th. The asset manager reported $1.75 EPS for the quarter, topping the consensus estimate of $1.54 by $0.21. The firm had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $3.69 billion. Blackstone had a return on equity of 22.17% and a net margin of 20.89%.Blackstone’s revenue for the quarter was up 41.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.69 EPS. As a group, equities 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. Shareholders of record on Monday, February 9th were paid a $1.49 dividend. This is an increase from Blackstone’s previous quarterly dividend of $1.29. This represents a $5.96 dividend on an annualized basis and a yield of 5.4%. The ex-dividend date was Monday, February 9th. Blackstone’s dividend payout ratio (DPR) is presently 153.61%.

Insider Buying and Selling

In other Blackstone news, major shareholder Holdings Iv Gp Mana Blackstone bought 1,146,789 shares of the stock in a transaction dated Monday, February 23rd. The shares were acquired at an average cost of $26.16 per share, for a total transaction of $30,000,000.24. Following the completion of the transaction, the insider owned 16,716,249 shares in the company, valued at approximately $437,297,073.84. The trade was a 7.37% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $10.00, for a total transaction 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 represents a 99.86% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of BX. REAP Financial Group LLC purchased a new position in Blackstone in the 3rd quarter valued at $26,000. Traub Capital Management LLC purchased a new stake in shares of Blackstone in the second quarter valued at about $27,000. Family CFO Inc purchased a new position in Blackstone during the fourth quarter worth about $28,000. Ares Financial Consulting LLC acquired a new stake in Blackstone in the fourth quarter valued at about $28,000. Finally, Richardson Financial Services Inc. acquired a new position in Blackstone during the 4th quarter worth approximately $29,000. 70.00% of the stock is currently owned by hedge funds and other institutional investors.

More Blackstone News

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Potential deal activity: Blackstone is reported to be among suitors exploring a bid for UK aerospace supplier Senior Plc — deal activity could support fee revenues and deployment of dry powder. Blackstone among suitors eyeing bid for UK’s aerospace supplier Senior, Bloomberg News reports
• Positive Sentiment: Contrarian analyst view: A Seeking Alpha piece upgraded Blackstone to “Strong Buy,” arguing recent price weakness is sentiment‑driven and fundamentals (AUM, fee growth, dry powder) remain strong. Blackstone: Don’t Let Sentiment Obscure The Fundamentals (Rating Upgrade)
• Positive Sentiment: Insider activity context: coverage notes insiders (and activist figures elsewhere) buying selectively amid volatility — can be read as a vote of confidence by some investors. Carl Icahn and Other Insiders Are Doubling Down Amid Market Volatilities
• Neutral Sentiment: Management defense: President Jon Gray publicly defended the credit quality of loans in the flagship private‑credit fund, calling some of the market reaction “noise” — this may calm some investors but hasn’t stopped outflows. Blackstone’s Gray: Market ‘noise’ fueled record redemptions from world’s largest private credit fund
• Neutral Sentiment: Liquidity actions: Reports indicate Blackstone has been paying out investors and managing redemptions (higher payouts/requests) — operationally relevant but not an immediate credit impairment signal. Blackstone hikes investor payouts from $82B private credit fund
• Negative Sentiment: Record outflows from flagship private‑credit fund (BCRED): Multiple reports say redemptions surged — gross withdrawal reports around $3.8bn with net outflows ~ $1.7bn for the quarter — raising concerns about private‑credit liquidity and fee/earnings pressure. Blackstone Played Down Private-Credit Risks. Now It’s Been Hit.
• Negative Sentiment: Analyst pressure: JPMorgan cut its BX target to $122 (neutral rating) and Barclays trimmed its target to $126 (equal‑weight), following the redemption headlines — analyst downgrades increase selling pressure. JPMorgan adjusts price target on Blackstone to 122 from 158, maintains neutral rating
• Negative Sentiment: Large shareholder sell‑down: Filing shows Tactical Opportunity Blackstone sold ~1.6M shares (SEC filing), a visible liquidity event that can be interpreted negatively by the market. SEC ownership filing

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.