Blackstone (NYSE:BX) Upgraded by Royal Bank Of Canada to “Moderate Buy” Rating

Royal Bank Of Canada upgraded shares of Blackstone (NYSE:BX) to a moderate buy rating in a report published on Monday,Zacks.com reports.

A number of other research firms have also weighed in on BX. Rothschild & Co Redburn dropped their price target on shares of Blackstone from $165.00 to $158.00 and set a “neutral” rating on the stock in a research report on Monday, February 2nd. The Goldman Sachs Group dropped their target price on shares of Blackstone from $166.00 to $158.00 and set a “neutral” rating on the stock in a research report on Friday, January 30th. Piper Sandler decreased their price target on Blackstone from $168.00 to $158.00 and set a “neutral” rating for the company in a research report on Monday, February 2nd. Citigroup reissued a “market outperform” rating on shares of Blackstone in a research report on Friday, January 30th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Blackstone from $164.00 to $185.00 and gave the company a “buy” rating in a research report on Wednesday, December 17th. Eleven research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $169.38.

Blackstone Stock Performance

Shares of Blackstone stock opened at $116.27 on Monday. The company has a market cap of $85.86 billion, a PE ratio of 29.97, a price-to-earnings-growth ratio of 0.88 and a beta of 1.76. The company has a quick ratio of 0.75, a current ratio of 0.76 and a debt-to-equity ratio of 0.61. Blackstone has a 52 week low of $111.04 and a 52 week high of $190.09. The business has a 50 day moving average price of $146.12 and a 200-day moving average price of $155.66.

Blackstone (NYSE:BX) last released its quarterly earnings results on Thursday, January 29th. The asset manager reported $1.75 EPS for the quarter, beating analysts’ consensus estimates of $1.54 by $0.21. The business had revenue of $4.36 billion during the quarter, compared to analyst estimates of $3.69 billion. Blackstone had a return on equity of 22.17% and a net margin of 20.89%.Blackstone’s quarterly revenue was up 41.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.69 EPS. Equities analysts anticipate that Blackstone will post 5.87 earnings per share for the current fiscal year.

Blackstone Increases Dividend

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

Insider Activity

In related news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of Blackstone stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $10.00, for a total value of $15,961,420.00. Following the completion of the transaction, the insider directly owned 2,161 shares in the company, valued at approximately $21,610. The trade was a 99.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Holdings Iv Gp Mana Blackstone bought 1,146,789 shares of the company’s stock in a transaction on Monday, February 23rd. The shares were bought at an average price of $26.16 per share, for a total transaction of $30,000,000.24. Following the transaction, the insider owned 16,716,249 shares of the company’s stock, valued at approximately $437,297,073.84. This represents a 7.37% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 1.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in BX. GHP Investment Advisors Inc. lifted its holdings in shares of Blackstone by 3.5% in the second quarter. GHP Investment Advisors Inc. now owns 1,784 shares of the asset manager’s stock worth $267,000 after buying an additional 61 shares in the last quarter. WNY Asset Management LLC increased its holdings in Blackstone by 1.7% during the 2nd quarter. WNY Asset Management LLC now owns 3,852 shares of the asset manager’s stock worth $576,000 after acquiring an additional 64 shares during the period. Redwood Financial Network Corp boosted its holdings in Blackstone by 1.8% in the 2nd quarter. Redwood Financial Network Corp now owns 3,588 shares of the asset manager’s stock valued at $537,000 after purchasing an additional 65 shares during the period. Obermeyer Wealth Partners grew its position in shares of Blackstone by 2.3% during the 3rd quarter. Obermeyer Wealth Partners now owns 2,993 shares of the asset manager’s stock valued at $511,000 after purchasing an additional 66 shares in the last quarter. Finally, Klingman & Associates LLC raised its position in shares of Blackstone by 0.4% in the third quarter. Klingman & Associates LLC now owns 15,116 shares of the asset manager’s stock worth $2,583,000 after buying an additional 67 shares in the last quarter. Institutional investors own 70.00% of the company’s stock.

Trending Headlines about Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Major shareholder Holdings IV GP Mana Blackstone bought 1,146,789 BX shares (~$30.0M) and raised its position ~7.4% to 16.7M shares, signaling insider conviction that can support sentiment. Insider filing
• Positive Sentiment: RBC Capital initiated coverage with an “Outperform” rating — fresh institutional coverage and a positive call can attract buyer interest and help re-rate the stock. RBC coverage
• Positive Sentiment: Blackstone Life Sciences agreed to co‑fund clinical development of an AML therapy (bleximenib). This expands BX’s venture/biotech exposure and could generate upside if portfolio assets advance or are realized. BXLS AML co-funding
• Neutral Sentiment: Coverage and commentaries are reframing the BX narrative as analysts reset valuation assumptions — helpful context for investors but mixed in directional impact depending on fee/fundraising outlook. Analyst valuation reset
• Neutral Sentiment: Several bullish theses and opinion pieces lay out long‑term upside (fee mix, realizations, growth areas). They provide constructive scenarios but are speculative and hinge on execution. Bull case (MSN) Bull case (Yahoo)
• Negative Sentiment: Broader negative pressure: recent analysis highlights sharp share-price declines, rising Treasury yields, sector anxiety about fundraising and fee realization — factors that have driven much of BX’s pullback and could continue to weigh on the stock. Valuation/sector anxiety

About Blackstone

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.