Black Stone Minerals (NYSE:BSM) SVP Sells $424,627.70 in Stock

Black Stone Minerals, L.P. (NYSE:BSMGet Free Report) SVP Luke Stevens Putman sold 29,386 shares of the company’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $14.45, for a total value of $424,627.70. Following the completion of the sale, the senior vice president owned 732,031 shares in the company, valued at $10,577,847.95. This represents a 3.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Luke Stevens Putman also recently made the following trade(s):

  • On Thursday, March 5th, Luke Stevens Putman sold 30,276 shares of Black Stone Minerals stock. The stock was sold at an average price of $15.25, for a total value of $461,709.00.

Black Stone Minerals Trading Down 0.4%

NYSE BSM traded down $0.07 during trading hours on Tuesday, hitting $14.40. 451,933 shares of the company’s stock were exchanged, compared to its average volume of 425,574. The business’s 50 day moving average is $15.07 and its 200-day moving average is $14.11. Black Stone Minerals, L.P. has a 12-month low of $11.78 and a 12-month high of $15.49. The firm has a market capitalization of $3.06 billion, a P/E ratio of 11.25 and a beta of 0.19. The company has a debt-to-equity ratio of 0.19, a quick ratio of 3.88 and a current ratio of 3.88.

Black Stone Minerals (NYSE:BSMGet Free Report) last released its earnings results on Monday, February 23rd. The oil and gas producer reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.04. Black Stone Minerals had a return on equity of 43.31% and a net margin of 62.26%.The firm had revenue of $118.70 million for the quarter, compared to the consensus estimate of $98.08 million. As a group, analysts anticipate that Black Stone Minerals, L.P. will post 1.36 EPS for the current fiscal year.

Black Stone Minerals Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Wednesday, February 18th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date was Wednesday, February 18th. Black Stone Minerals’s dividend payout ratio (DPR) is 93.75%.

More Black Stone Minerals News

Here are the key news stories impacting Black Stone Minerals this week:

  • Positive Sentiment: Longer-term demand thesis: a Seeking Alpha piece argues BSM’s mineral and royalty footprint positions it well to benefit from rising energy needs of data centers — a structural demand story that could support future royalty revenue and investor interest. Article Title
  • Neutral Sentiment: Recent fundamentals: BSM reported a Q4 beat (EPS $0.31 vs. $0.27 est, revenue $118.7M vs. $98.08M) and shows strong margins/ROE. The company trades at a ~11.3x PE with healthy liquidity and low leverage — factors that may cushion short-term volatility. Company Page
  • Negative Sentiment: Analyst cuts from KeyCorp (Apr. 1): T. Rezvan lowered EPS forecasts across multiple quarters and years — Q1 2026 from $0.28 to $0.21, Q4 2026 from $0.34 to $0.26, FY2026 from $1.20 to $0.87; and several 2027 quarter cuts that trim FY2027 from $1.46 to $1.22. These reductions signal weaker near-term earnings expectations and can pressure the stock and distribution outlook until company results/or commodity trends re-accelerate. Analyst Note Summary

Analysts Set New Price Targets

A number of equities analysts have recently commented on BSM shares. Zacks Research downgraded Black Stone Minerals from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 4th. Weiss Ratings restated a “hold (c-)” rating on shares of Black Stone Minerals in a report on Monday, December 29th. Finally, Piper Sandler raised their price objective on Black Stone Minerals from $13.00 to $14.00 and gave the stock a “neutral” rating in a report on Thursday, March 5th. Four analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Black Stone Minerals has an average rating of “Hold” and a consensus target price of $14.00.

View Our Latest Stock Analysis on Black Stone Minerals

Institutional Investors Weigh In On Black Stone Minerals

Hedge funds have recently bought and sold shares of the business. Citigroup Inc. grew its stake in Black Stone Minerals by 36.2% during the 3rd quarter. Citigroup Inc. now owns 347,200 shares of the oil and gas producer’s stock valued at $4,562,000 after purchasing an additional 92,193 shares in the last quarter. Americana Partners LLC acquired a new stake in Black Stone Minerals during the 3rd quarter valued at approximately $532,000. Alps Advisors Inc. bought a new position in Black Stone Minerals during the 3rd quarter worth approximately $478,000. Investment Management Associates Inc. ADV grew its position in shares of Black Stone Minerals by 22.6% in the 3rd quarter. Investment Management Associates Inc. ADV now owns 1,934,739 shares of the oil and gas producer’s stock worth $25,422,000 after acquiring an additional 356,852 shares in the last quarter. Finally, Corient Private Wealth LLC increased its holdings in shares of Black Stone Minerals by 50.2% in the 2nd quarter. Corient Private Wealth LLC now owns 174,476 shares of the oil and gas producer’s stock valued at $2,282,000 after acquiring an additional 58,277 shares during the last quarter. Institutional investors and hedge funds own 14.49% of the company’s stock.

About Black Stone Minerals

(Get Free Report)

Black Stone Minerals L.P. (NYSE: BSM) is a publicly traded limited partnership that acquires and manages oil and natural gas mineral interests and producing royalty interests across the United States. The company’s business model centers on holding fractional ownership in subsurface mineral estates, which allows it to earn royalty income from hydrocarbon production without taking on the capital expenditures or operating risks associated with exploration and development.

Founded in 1876 and headquartered in Houston, Texas, Black Stone Minerals has built a diversified portfolio spanning key U.S.

Further Reading

Insider Buying and Selling by Quarter for Black Stone Minerals (NYSE:BSM)

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