Weekly Investment Analysts’ Ratings Changes for Blackstone (BX)

Several analysts have recently updated their ratings and price targets for Blackstone (NYSE: BX):

• 2/3/2025 – Blackstone had its price target raised by analysts at UBS Group AG from $170.00 to $180.00. They now have a “neutral” rating on the stock.
• 1/31/2025 – Blackstone had its price target raised by analysts at Citigroup Inc. from $170.00 to $190.00. They now have a “neutral” rating on the stock.
• 1/31/2025 – Blackstone had its price target raised by analysts at JPMorgan Chase & Co. from $149.00 to $154.00. They now have a “neutral” rating on the stock.
• 1/31/2025 – Blackstone had its price target raised by analysts at Keefe, Bruyette & Woods from $174.00 to $177.00. They now have a “market perform” rating on the stock.
• 1/31/2025 – Blackstone was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 1/31/2025 – Blackstone had its price target lowered by analysts at Barclays PLC from $192.00 to $186.00. They now have an “equal weight” rating on the stock.
• 1/21/2025 – Blackstone was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 1/14/2025 – Blackstone had its price target lowered by analysts at Wells Fargo & Company from $195.00 to $180.00. They now have an “equal weight” rating on the stock.
• 1/13/2025 – Blackstone had its price target lowered by analysts at Keefe, Bruyette & Woods from $175.00 to $174.00. They now have a “market perform” rating on the stock.
• 1/13/2025 – Blackstone had its price target lowered by analysts at Barclays PLC from $199.00 to $192.00. They now have an “equal weight” rating on the stock.
• 1/9/2025 – Blackstone was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 1/1/2025 – Blackstone was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 12/24/2024 – Blackstone was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 12/23/2024 – Blackstone had its price target raised by analysts at Piper Sandler from $168.00 to $179.00. They now have a “neutral” rating on the stock.
• 12/20/2024 – Blackstone had its price target raised by analysts at Keefe, Bruyette & Woods from $169.00 to $175.00. They now have a “market perform” rating on the stock.
• 12/19/2024 – Blackstone had its price target raised by analysts at BMO Capital Markets from $134.00 to $157.00. They now have a “market perform” rating on the stock.
• 12/12/2024 – Blackstone was downgraded by analysts at Wells Fargo & Company from an “overweight” rating to an “equal weight” rating. They now have a $195.00 price target on the stock, up previously from $188.00.
• 12/9/2024 – Blackstone had its price target raised by analysts at Barclays PLC from $174.00 to $199.00. They now have an “equal weight” rating on the stock.
• 12/9/2024 – Blackstone was upgraded by analysts at TD Cowen from a “hold” rating to a “buy” rating. They now have a $230.00 price target on the stock, up previously from $149.00.

Blackstone Trading Down 1.5 %

Shares of NYSE BX traded down $2.68 during midday trading on Tuesday, hitting $170.86. The stock had a trading volume of 3,275,520 shares, compared to its average volume of 3,066,016. The company has a market capitalization of $123.36 billion, a price-to-earnings ratio of 47.07, a PEG ratio of 1.18 and a beta of 1.53. Blackstone Inc. has a 1-year low of $115.82 and a 1-year high of $200.96. The company has a quick ratio of 0.71, a current ratio of 0.67 and a debt-to-equity ratio of 0.61. The company has a fifty day moving average price of $179.76 and a 200 day moving average price of $162.89.

Blackstone (NYSE:BX) last released its quarterly earnings data on Thursday, January 30th. The asset manager reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.50 by $0.19. Blackstone had a return on equity of 19.58% and a net margin of 20.99%. On average, analysts predict that Blackstone Inc. will post 5.86 earnings per share for the current year.

Blackstone Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 10th will be issued a dividend of $1.44 per share. This is an increase from Blackstone’s previous quarterly dividend of $0.86. This represents a $5.76 annualized dividend and a dividend yield of 3.37%. The ex-dividend date of this dividend is Monday, February 10th. Blackstone’s dividend payout ratio (DPR) is presently 94.77%.

Insider Activity at Blackstone

In other Blackstone news, insider John G. Finley sold 42,249 shares of Blackstone stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $175.94, for a total transaction of $7,433,289.06. Following the sale, the insider now directly owns 387,137 shares in the company, valued at $68,112,883.78. The trade was a 9.84 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Sather Financial Group Inc boosted its position in Blackstone by 202.5% during the 3rd quarter. Sather Financial Group Inc now owns 6,050 shares of the asset manager’s stock valued at $926,000 after purchasing an additional 4,050 shares during the period. Portside Wealth Group LLC acquired a new position in Blackstone during the 3rd quarter valued at approximately $201,000. Aljian Capital Management LLC acquired a new position in Blackstone during the 3rd quarter valued at approximately $1,951,000. Icon Wealth Advisors LLC boosted its position in Blackstone by 2,185.4% during the 3rd quarter. Icon Wealth Advisors LLC now owns 18,946 shares of the asset manager’s stock valued at $2,901,000 after purchasing an additional 18,117 shares during the period. Finally, PNC Financial Services Group Inc. boosted its position in Blackstone by 3.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,169,526 shares of the asset manager’s stock valued at $179,089,000 after purchasing an additional 36,343 shares during the period. Institutional investors and hedge funds own 70.00% of the company’s stock.

Blackstone Inc is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services.