Insider Selling: Black Stone Minerals (NYSE:BSM) SVP Sells 29,386 Shares of Stock

Black Stone Minerals, L.P. (NYSE:BSMGet Free Report) SVP Luke Stevens Putman sold 29,386 shares of the business’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $10,577,847.95. This represents a 3.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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 shares were sold at an average price of $15.25, for a total value of $461,709.00.

Black Stone Minerals Stock Performance

Shares of NYSE:BSM traded down $0.07 during trading on Tuesday, reaching $14.40. The company had a trading volume of 451,933 shares, compared to its average volume of 425,574. The firm has a market capitalization of $3.06 billion, a price-to-earnings ratio of 11.25 and a beta of 0.19. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.88 and a quick ratio of 3.88. The stock’s fifty day moving average price is $15.07 and its 200 day moving average price is $14.11. Black Stone Minerals, L.P. has a fifty-two week low of $11.78 and a fifty-two week high of $15.49.

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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. The business had revenue of $118.70 million for the quarter, compared to analyst estimates of $98.08 million. Black Stone Minerals had a return on equity of 43.31% and a net margin of 62.26%. As a group, equities research analysts predict that Black Stone Minerals, L.P. will post 1.36 EPS for the current year.

Black Stone Minerals Dividend Announcement

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

Key Stories Impacting Black Stone Minerals

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

Institutional Trading of Black Stone Minerals

Large investors have recently bought and sold shares of the company. Farther Finance Advisors LLC grew its holdings in Black Stone Minerals by 61.0% in the fourth quarter. Farther Finance Advisors LLC now owns 2,375 shares of the oil and gas producer’s stock valued at $32,000 after purchasing an additional 900 shares during the last quarter. Newbridge Financial Services Group Inc. lifted its position in shares of Black Stone Minerals by 71.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 2,981 shares of the oil and gas producer’s stock valued at $39,000 after acquiring an additional 1,245 shares in the last quarter. Garton & Associates Financial Advisors LLC purchased a new stake in shares of Black Stone Minerals in the fourth quarter valued at $43,000. Kestra Advisory Services LLC purchased a new stake in shares of Black Stone Minerals in the fourth quarter valued at $86,000. Finally, Tower Research Capital LLC TRC lifted its position in shares of Black Stone Minerals by 7,822.8% in the second quarter. Tower Research Capital LLC TRC now owns 7,289 shares of the oil and gas producer’s stock valued at $95,000 after acquiring an additional 7,197 shares in the last quarter. Institutional investors and hedge funds own 14.49% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on BSM shares. Zacks Research lowered Black Stone Minerals from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 4th. Piper Sandler upped 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. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Black Stone Minerals in a report on Monday, December 29th. Four investment analysts have rated the stock with a Hold rating, According to MarketBeat, Black Stone Minerals presently has a consensus rating of “Hold” and an average target price of $14.00.

Read Our Latest Analysis on Black Stone Minerals

Black Stone Minerals Company Profile

(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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