Blackstone Secured Lending Fund (NYSE:BXSL) Upgraded to Hold at Zacks Research

Blackstone Secured Lending Fund (NYSE:BXSL) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Wednesday,Zacks.com reports.

Several other equities research analysts have also weighed in on BXSL. B. Riley Financial dropped their target price on Blackstone Secured Lending Fund from $24.50 to $23.50 and set a “neutral” rating on the stock in a research report on Tuesday, May 12th. Keefe, Bruyette & Woods downgraded shares of Blackstone Secured Lending Fund from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $25.00 to $24.00 in a report on Monday, June 8th. Royal Bank Of Canada lowered their price target on shares of Blackstone Secured Lending Fund from $28.00 to $26.00 and set an “outperform” rating for the company in a research report on Monday, May 18th. JPMorgan Chase & Co. dropped their price objective on shares of Blackstone Secured Lending Fund from $24.00 to $23.00 and set an “overweight” rating on the stock in a report on Thursday, July 2nd. Finally, Oppenheimer initiated coverage on shares of Blackstone Secured Lending Fund in a research report on Thursday, July 23rd. They issued a “market perform” rating and a $25.00 price objective on the stock. Four investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Blackstone Secured Lending Fund has an average rating of “Hold” and an average target price of $24.78.

Blackstone Secured Lending Fund Price Performance

Shares of BXSL stock opened at $24.17 on Wednesday. The firm has a fifty day moving average of $23.59 and a two-hundred day moving average of $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 1-year low of $22.47 and a 1-year 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, beating analysts’ consensus estimates of $0.66 by $0.09. Blackstone Secured Lending Fund had a return on equity of 11.73% and a net margin of 31.63%.The business had revenue of $233.30 million during the quarter, compared to the consensus estimate of $326.72 million. On average, sell-side analysts expect that Blackstone Secured Lending Fund will post 2.75 EPS for the current year.

Insider Activity at Blackstone Secured Lending Fund

In related news, insider Robert J. Bass acquired 2,095 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were acquired at an average cost of $23.80 per share, for a total transaction of $49,861.00. Following the completion of the purchase, the insider directly owned 25,107 shares in the company, valued at $597,546.60. This trade represents a 9.10% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 0.11% of the company’s stock.

Hedge Funds Weigh In On Blackstone Secured Lending Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Allied Private Wealth LLC acquired a new position in Blackstone Secured Lending Fund during the 2nd quarter valued at about $32,000. FNY Investment Advisers LLC bought a new stake in shares of Blackstone Secured Lending Fund during the 2nd quarter worth about $33,000. Osterweis Capital Management Inc. acquired a new stake in shares of Blackstone Secured Lending Fund in the 4th quarter worth approximately $33,000. Hilton Head Capital Partners LLC acquired a new stake in shares of Blackstone Secured Lending Fund in the 4th quarter worth approximately $34,000. Finally, Quantum Portfolio Management LLC bought a new position in shares of Blackstone Secured Lending Fund in the first quarter valued at approximately $38,000. Institutional investors own 36.49% of the company’s stock.

Key Headlines Impacting 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.