Blackstone Secured Lending Fund (NYSE:BXSL) Upgraded by Zacks Research to “Hold” Rating

Zacks Research upgraded shares of Blackstone Secured Lending Fund (NYSE:BXSL) from a strong sell rating to a hold rating in a research note published on Wednesday morning,Zacks.com reports.

Other research analysts also recently issued reports about the stock. Truist Financial lowered their price objective on shares of Blackstone Secured Lending Fund from $30.00 to $26.00 and set a “buy” rating for the company in a research report on Tuesday, May 19th. Keefe, Bruyette & Woods downgraded Blackstone Secured Lending Fund from an “outperform” rating to a “market perform” rating and reduced their target price for the company from $25.00 to $24.00 in a report on Monday, June 8th. Wall Street Zen upgraded Blackstone Secured Lending Fund from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. Wells Fargo & Company lowered their price target on Blackstone Secured Lending Fund from $24.00 to $22.00 and set an “underweight” rating for the company in a report on Friday, May 8th. Finally, Oppenheimer started coverage on Blackstone Secured Lending Fund in a research note on Thursday, July 23rd. They issued a “market perform” rating and a $25.00 price objective on the stock. Four equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $24.78.

Blackstone Secured Lending Fund Stock Up 3.6%

BXSL stock opened at $24.17 on Wednesday. The company’s 50-day moving average price is $23.59 and its two-hundred day moving average price is $24.06. The firm has a market cap of $5.62 billion, a P/E ratio of 12.66 and a beta of 0.38. Blackstone Secured Lending Fund has a 12 month low of $22.47 and a 12 month high of $30.69.

Blackstone Secured Lending Fund (NYSE:BXSL) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.09. The company had revenue of $233.30 million during the quarter, compared to the consensus estimate of $326.72 million. Blackstone Secured Lending Fund had a net margin of 31.63% and a return on equity of 11.73%. Equities analysts predict that Blackstone Secured Lending Fund will post 2.75 EPS for the current year.

Blackstone Secured Lending Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 23rd. Stockholders of record on Wednesday, September 30th will be paid a $0.77 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $3.08 annualized dividend and a dividend yield of 12.7%. Blackstone Secured Lending Fund’s dividend payout ratio is currently 161.26%.

Insider Transactions at Blackstone Secured Lending Fund

In other Blackstone Secured Lending Fund news, insider Robert J. Bass acquired 2,095 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was acquired at an average price of $23.80 per share, for a total transaction of $49,861.00. Following the acquisition, the insider directly owned 25,107 shares in the company, valued at $597,546.60. This represents a 9.10% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.11% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Blackstone Secured Lending Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE raised its stake in shares of Blackstone Secured Lending Fund by 11.9% during the second quarter. Bank of America Corp DE now owns 7,820,346 shares of the company’s stock valued at $240,476,000 after acquiring an additional 832,179 shares during the last quarter. Van ECK Associates Corp grew its stake in shares of Blackstone Secured Lending Fund by 112.1% in the fourth quarter. Van ECK Associates Corp now owns 5,149,915 shares of the company’s stock worth $135,597,000 after purchasing an additional 2,721,843 shares during the last quarter. UBS Group AG increased its holdings in Blackstone Secured Lending Fund by 112.5% in the fourth quarter. UBS Group AG now owns 4,731,343 shares of the company’s stock valued at $124,576,000 after purchasing an additional 2,504,617 shares during the period. Strs Ohio acquired a new stake in Blackstone Secured Lending Fund in the first quarter valued at $94,760,000. Finally, Northeast Financial Consultants Inc grew its position in shares of Blackstone Secured Lending Fund by 6.9% in the 2nd quarter. Northeast Financial Consultants Inc now owns 3,359,523 shares of the company’s stock valued at $103,305,000 after buying an additional 216,835 shares during the last quarter. 36.49% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Blackstone Secured Lending Fund

Here are the key news stories impacting Blackstone Secured Lending Fund this week:

• Positive Sentiment: BXSL reported second-quarter net investment income of $0.75 per share, exceeding the $0.66 analyst consensus, although it was slightly below $0.77 a year earlier. BXSL Surpasses Q2 Earnings Estimates
• Positive Sentiment: The company declared a quarterly dividend of $0.77 per share, payable October 23 to shareholders of record September 30. The dividend implies an annualized payout of approximately $3.08 per share and a yield near 12.7%, supporting BXSL’s appeal to income-focused investors. BXSL Reports Second-Quarter 2026 Results
• Positive Sentiment: Credit quality remained relatively stable: no new assets were placed on non-accrual, non-accrual investments represented 1.8% of the portfolio, and first-lien senior secured debt accounted for 96.8% of investments at fair value. BXSL also ended the quarter with approximately $2.8 billion of liquidity.
• Positive Sentiment: Management reported more than $300 million of new investment fundings and over $700 million of repayments, while net asset value was approximately $25.53 per share—above the recent trading level. BXSL Reports Second-Quarter Net Income
• Negative Sentiment: GAAP net income fell sharply to $9 million, or $0.04 per share, compared with the $0.66 consensus estimate. Revenue of $233.3 million also missed the $326.7 million estimate, likely reflecting valuation or investment-related impacts despite healthy recurring net investment income. Blackstone BDC Profit Drops While Loan Performance Steadies

Blackstone Secured Lending Fund Company Profile

Blackstone Secured Lending Fund (NYSE: BXSL) is a closed-end management investment company sponsored by Blackstone Credit, the credit-oriented business of Blackstone Inc Launched in May 2020, BXSL seeks to deliver attractive risk-adjusted returns primarily through current income and, to a lesser extent, capital appreciation. The fund raises capital from institutional and retail investors and deploys it into a diversified portfolio of senior secured loans and other credit instruments.

The fund’s principal investment focus is on first-lien senior secured loans and unitranche debt extended to middle-market companies across North America.