Blackstone (NYSE:BX) Given New $143.00 Price Target at Jefferies Financial Group

Blackstone (NYSE:BX) had its price target cut by Jefferies Financial Group from $161.00 to $143.00 in a report published on Wednesday,MarketScreener reports. They currently have a buy rating on the asset manager’s stock.

Other analysts also recently issued research reports about the stock. Citizens Jmp restated a “market outperform” rating and set a $195.00 price objective on shares of Blackstone in a research report on Friday, January 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Blackstone in a research report on Wednesday, January 21st. Evercore reduced their price target on shares of Blackstone from $175.00 to $170.00 and set an “outperform” rating for the company in a research report on Friday, January 30th. UBS Group reduced their price target on shares of Blackstone from $171.00 to $137.00 and set a “neutral” rating for the company in a research report on Friday, February 20th. Finally, TD Cowen reduced their price target on shares of Blackstone from $183.00 to $164.00 and set a “buy” rating for the company in a research report on Thursday, February 12th. Ten investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $159.43.

Blackstone Stock Up 4.3%

Shares of NYSE:BX opened at $117.61 on Wednesday. The company has a market capitalization of $87.29 billion, a PE ratio of 30.31, a P/E/G ratio of 0.90 and a beta of 1.74. 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 twelve month low of $101.73 and a twelve month high of $190.09. The firm has a 50 day simple moving average of $118.82 and a 200-day simple moving average of $142.24.

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, 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 company’s revenue was up 41.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.69 EPS. On average, equities analysts predict that Blackstone will post 5.87 EPS 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 given a dividend of $1.49 per share. This represents a $5.96 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date was Monday, February 9th. This is an increase from Blackstone’s previous quarterly dividend of $1.29. Blackstone’s payout ratio is currently 153.61%.

Insiders Place Their Bets

In other news, major shareholder Holdings Iv Gp Mana Blackstone acquired 2,868,069 shares of the business’s stock in a transaction on Friday, March 20th. The stock was bought at an average price of $26.15 per share, for a total transaction of $75,000,004.35. Following the transaction, the insider owned 18,628,295 shares in the company, valued at $487,129,914.25. This represents a 18.20% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the company’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $3.51, for a total transaction of $26,246,039.04. Following the transaction, the insider owned 25,832 shares of the company’s stock, valued at approximately $90,670.32. The trade was a 99.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.00% of the stock is owned by insiders.

Hedge Funds Weigh In On Blackstone

A number of institutional investors and hedge funds have recently made changes to their positions in BX. Brighton Jones LLC grew its stake 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 grew its stake in shares of Blackstone by 9.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,076 shares of the asset manager’s stock worth $310,000 after purchasing an additional 177 shares during the period. United Bank grew its stake in Blackstone by 14.7% in the 2nd quarter. United Bank now owns 13,528 shares of the asset manager’s stock valued at $2,024,000 after acquiring an additional 1,729 shares during the last quarter. Daiwa Securities Group Inc. grew its stake in Blackstone by 5.3% in the 2nd quarter. Daiwa Securities Group Inc. now owns 114,985 shares of the asset manager’s stock valued at $17,199,000 after acquiring an additional 5,761 shares during the last quarter. Finally, Lombard Odier Asset Management Switzerland SA grew its stake in Blackstone by 7.4% in the 2nd quarter. Lombard Odier Asset Management Switzerland SA now owns 20,696 shares of the asset manager’s stock valued at $3,096,000 after acquiring an additional 1,431 shares during the last quarter. 70.00% of the stock is owned by institutional investors and hedge funds.

Blackstone News Roundup

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone closed its flagship opportunistic credit vehicle, COF V, at over $10 billion (hard cap), showing strong investor demand for BX’s credit platform and supporting fee-earning and AUM growth. BusinessWire: Fund Close
• Positive Sentiment: Blackstone is part of a consortium that agreed to buy UK aerospace supplier Senior plc for ~£1.4B, demonstrating continued deal-sourcing and deployment capacity that can generate transaction fees and potential value uplift. Reuters: Senior Plc Deal
• Positive Sentiment: Market commentary and investor write-ups are flagging BX as a potential value play (Seeking Alpha articles arguing the shares look discounted and highlighting dividend yield and fee franchise strength), which can attract long-only and dividend-focused buyers. Seeking Alpha: Discounted Opportunity
• Neutral Sentiment: Barron’s notes that new private-credit funds are still being launched even as industry redemptions rise — a mixed backdrop that highlights both fundraising durability at firms like BX and broader category headwinds. Barron’s: Private Credit Context
• Neutral Sentiment: Portfolio/strategy commentary (ClearBridge) points to resiliency in BX’s business through market volatility — supportive for longer-term holders but not an immediate catalyst. Yahoo/Close: ClearBridge Commentary
• Negative Sentiment: Several sell-side firms trimmed price targets and kept neutral/hold stances (Jefferies cut PT to $143 but kept buy, Barclays to $124 equal weight, Piper Sandler cut to $122 neutral, Goldman lowered to $118 and kept a hold) — these actions can cap upside and weigh on sentiment. MarketScreener: Jefferies MarketScreener: Barclays Benzinga: Piper Sandler AmericanBankingNews: Goldman
• Negative Sentiment: Recent coverage notes BX has lost significant value over six months (~32% decline), a backdrop that can amplify volatility and make some investors cautious. Yahoo: Share Decline

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.