Blackstone (NYSE:BX) Given New $141.00 Price Target at TD Cowen

Blackstone (NYSE:BX) had its price objective trimmed by TD Cowen from $164.00 to $141.00 in a research report released on Thursday morning,MarketScreener reports. The brokerage currently has a buy rating on the asset manager’s stock.

Other equities analysts also recently issued research reports about the stock. Jefferies Financial Group cut their price target on shares of Blackstone from $161.00 to $143.00 and set a “buy” rating on the stock in a research note on Wednesday. Evercore cut their price target on shares of Blackstone from $175.00 to $170.00 and set an “outperform” rating on the stock in a research note on Friday, January 30th. Argus cut their price target on shares of Blackstone from $195.00 to $163.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Blackstone in a research note on Wednesday, January 21st. Finally, BMO Capital Markets cut their price target on shares of Blackstone from $165.00 to $126.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 24th. Ten equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, Blackstone has a consensus rating of “Hold” and a consensus target price of $157.38.

Blackstone Stock Performance

Shares of BX opened at $117.04 on Thursday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.76 and a current ratio of 0.76. The company has a market capitalization of $86.86 billion, a price-to-earnings ratio of 30.16, a PEG ratio of 1.18 and a beta of 1.74. The company’s 50 day simple moving average is $118.30 and its 200 day simple moving average is $142.06. Blackstone has a 1 year low of $101.73 and a 1 year high of $190.09.

Blackstone (NYSE:BX) last announced its quarterly earnings data on Thursday, January 29th. The asset manager reported $1.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.54 by $0.21. The business had revenue of $4.36 billion for 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 quarterly revenue was up 41.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.69 earnings per share. On average, sell-side analysts predict that Blackstone will post 5.87 EPS for the current year.

Blackstone Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th were paid a $1.49 dividend. The ex-dividend date of this dividend was Monday, February 9th. This represents a $5.96 dividend on an annualized basis and a dividend yield of 5.1%. This is a boost from Blackstone’s previous quarterly dividend of $1.29. Blackstone’s payout ratio is 153.61%.

Insider Activity

In other news, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the firm’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $3.51, for a total value 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. This trade represents a 99.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the firm’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $10.00, for a total transaction of $15,961,420.00. The disclosure for this sale is available in the SEC filing. Insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On Blackstone

A number of large investors have recently added to or reduced their stakes in BX. Brighton Jones LLC grew its holdings in Blackstone by 34.6% during the 4th quarter. Brighton Jones LLC now owns 7,917 shares of the asset manager’s stock valued at $1,365,000 after purchasing an additional 2,035 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in Blackstone by 9.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,076 shares of the asset manager’s stock valued at $310,000 after purchasing an additional 177 shares in the last quarter. United Bank grew its holdings in Blackstone by 14.7% during the 2nd quarter. United Bank now owns 13,528 shares of the asset manager’s stock valued at $2,024,000 after purchasing an additional 1,729 shares in the last quarter. Nebula Research & Development LLC acquired a new stake in Blackstone during the 2nd quarter valued at $1,124,000. Finally, Tenere Capital LLC grew its holdings in Blackstone by 11.6% during the 2nd quarter. Tenere Capital LLC now owns 190,100 shares of the asset manager’s stock valued at $28,435,000 after purchasing an additional 19,700 shares in the last quarter. 70.00% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone funds bought a significant minority stake in Rowan Digital Infrastructure, backing a fast‑growing U.S. hyperscale data‑center developer — supports long‑term growth in infrastructure AUM and fee income. Rowan Digital Infrastructure Announces Strategic Recapitalization
• Positive Sentiment: Blackstone Credit and Dubai Aerospace Enterprise launched a $1.6B‑a‑year aircraft‑leasing investment programme, expanding recurring leasing platforms and deployment opportunities for credit/insurance strategies. Dubai’s DAE and Blackstone launch $1.6 billion annual aircraft leasing programme
• Positive Sentiment: Blackstone sold a $723M stake in Legence amid strong demand — a realization that boosts liquidity and demonstrates exit execution for private holdings. Legence draws strong demand as Blackstone sells $723M stake
• Neutral Sentiment: Coverage highlights stable fee‑based revenue and record AUM as cushions through market volatility, but notes valuation and credit risks — supports fundamentals but leaves stock upside conditional. BX Navigates Market Volatility on Stable Fee Revenues: Is It a Buy?
• Neutral Sentiment: Barron’s reports new private credit fund launches even as redemptions rise — signals ongoing product demand but elevated redemption dynamics in private credit. New Private Credit Funds Are Being Launched Even as Redemptions Rise
• Negative Sentiment: TD Cowen cut its price target to $141 but kept a buy rating — a trim in expectations that can weigh on upside sentiment. TD Cowen Adjusts Price Target on Blackstone to $141 from $164, Keeps Buy Rating
• Negative Sentiment: Rothschild & Co Redburn lowered its PT to $138 and moved to neutral — another analyst trimming upside. Rothschild & Co Redburn Adjusts PT on Blackstone to $138
• Negative Sentiment: Jefferies, Barclays, Piper Sandler and Goldman all trimmed price targets or kept hold/equal‑weight stances (Jefferies to $143, Barclays to $124, Piper to $122, Goldman to $118), increasing near‑term selling pressure from cautious analysts. Jefferies Adjusts PT Barclays Adjusts PT Piper Sandler Lowers PT Goldman Lowers PT

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.