Blackstone (NYSE:BX) Price Target Raised to $132.00
by Jessica Moore · The Cerbat Gem
Blackstone (NYSE:BX – Free Report) had its price objective boosted by BMO Capital Markets from $126.00 to $132.00 in a report released on Monday morning,MarketScreener reports. They currently have an outperform rating on the asset manager’s stock.
A number of other research firms have also recently issued reports on BX. HSBC dropped their price objective on Blackstone from $164.00 to $131.00 and set a “hold” rating for the company in a report on Friday, April 10th. TD Cowen lowered their target price on shares of Blackstone from $164.00 to $141.00 and set a “buy” rating for the company in a research note on Thursday, April 9th. Evercore reduced their price target on shares of Blackstone from $175.00 to $170.00 and set an “outperform” rating on the stock in a research note on Friday, January 30th. Rothschild & Co Redburn lowered their price objective on shares of Blackstone from $158.00 to $138.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Finally, The Goldman Sachs Group decreased their price target on shares of Blackstone from $158.00 to $118.00 and set a “neutral” rating for the company in a research note on Monday, April 6th. Eleven equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $155.55.
Blackstone Price Performance
BX stock opened at $130.25 on Monday. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.61. Blackstone has a 12 month low of $101.73 and a 12 month high of $190.09. The stock has a market cap of $96.67 billion, a PE ratio of 33.57, a P/E/G ratio of 1.31 and a beta of 1.74. The company has a 50-day moving average price of $117.12 and a 200 day moving average price of $140.21.
Blackstone (NYSE:BX – Get Free Report) last announced its quarterly earnings data on Thursday, January 29th. The asset manager reported $1.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.54 by $0.21. The business had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $3.69 billion. Blackstone had a net margin of 20.89% and a return on equity of 22.17%. The firm’s quarterly revenue was up 41.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.69 earnings per share. Equities research analysts anticipate that Blackstone will post 5.87 earnings per share for the current year.
Blackstone Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were given a dividend of $1.49 per share. This is a positive change 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 dividend on an annualized basis and a yield of 4.6%. Blackstone’s payout ratio is 153.61%.
Insider Transactions at Blackstone
In related news, major shareholder Holdings Iv Gp Mana Blackstone bought 2,868,069 shares of the company’s stock in a transaction on Friday, March 20th. The shares were acquired at an average price of $26.15 per share, with a total value of $75,000,004.35. Following the transaction, the insider owned 18,628,295 shares of the company’s stock, valued at $487,129,914.25. The trade was a 18.20% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the company’s stock in a transaction 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 SEC filing for this sale provides additional information. Corporate insiders own 1.00% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the company. REAP Financial Group LLC acquired a new stake in Blackstone in the third quarter valued at approximately $26,000. Redmont Wealth Advisors LLC purchased a new stake in shares of Blackstone during the 3rd quarter valued at $30,000. Strive Asset Management LLC acquired a new stake in shares of Blackstone in the 3rd quarter worth $30,000. Family CFO Inc acquired a new position in Blackstone during the 4th quarter valued at about $28,000. Finally, Ares Financial Consulting LLC acquired a new stake in Blackstone in the fourth quarter worth about $28,000. Hedge funds and other institutional investors own 70.00% of the company’s stock.
More Blackstone News
Here are the key news stories impacting Blackstone this week:
- Positive Sentiment: Oppenheimer upgraded BX to Outperform, citing attractive valuation after a recent pullback and strong real‑estate/operating performance — a catalyst for renewed buying interest. Oppenheimer Upgrades Blackstone (NYSE:BX) to Outperform
- Positive Sentiment: BMO Capital Markets published a bullish forecast pointing to strong price appreciation potential, adding another institutional endorsement that can support flows into the shares. BMO Capital Markets Forecasts Strong Price Appreciation for Blackstone (NYSE:BX) Stock
- Positive Sentiment: Barron’s reports that private‑credit markets look calm, which reinforces expectations for stable fee generation, fundraising and NAV stability across Blackstone’s credit platforms. Private Credit Looks Calm. Why Blackstone and Ares Stocks Are Starting to Climb.
- Positive Sentiment: Reports say Blackstone has teamed with I Squared Capital to pursue Ströer’s core advertising business — a move that would expand European media exposure and diversify asset mix, potentially supporting AUM growth. Blackstone Eyes Stroer Deal As European Media Role Expands
- Neutral Sentiment: Blackstone executives urge investors to separate “signal from the noise” on private credit — reassuring but also flagging client questions about transparency, loan losses and sector exposures to monitor. Blackstone’s Joan Solotar says investors should separate ‘signal from the noise’ in private credit
- Neutral Sentiment: Coverage assessing BX valuation notes a recent ~20% 90‑day pullback; that weakness created the valuation case analysts cite for upgrades but remains a background risk if macro or credit stress reappears. Assessing Blackstone (BX) Valuation After Oppenheimer Upgrade And Recent Share Price Pullback
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.