Blackstone Inc. (NYSE:BX) Stock Has Average Target Price of $148.71 According to Analysts

Shares of Blackstone Inc. (NYSE:BX) have earned an average rating of “Moderate Buy” from the twenty-five ratings firms that are covering the firm, MarketBeat Ratings reports. Twelve investment analysts have rated the stock with a hold recommendation and thirteen have given a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $147.50.

Several research analysts have weighed in on BX shares. TD Cowen boosted their price objective on Blackstone from $133.00 to $145.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Deutsche Bank Aktiengesellschaft initiated coverage on Blackstone in a research report on Monday, June 8th. They issued a “buy” rating for the company. Argus increased their target price on shares of Blackstone from $146.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Barclays raised their price target on Blackstone from $119.00 to $128.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. Finally, HSBC reaffirmed a “hold” rating and set a $135.00 price objective on shares of Blackstone in a report on Monday, July 20th.

Trending Headlines about Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Funds managed by Blackstone agreed to acquire Applied Systems Engineering, expanding the firm’s portfolio and potentially creating another source of future investment gains. Financial terms were not disclosed. Applied Systems Engineering acquisition
• Positive Sentiment: Market chatter indicates Blackstone is exploring an offer for drone-detection company Robin Radar in a possible $2.26 billion sale process, which could strengthen its exposure to defense and security technology if completed. Robin Radar sale process
• Positive Sentiment: Blackstone announced a planned $1 billion investment to build a military technology company focused on counter-drone capabilities. The initiative offers long-term growth potential, though returns will depend on execution and demand. Defense technology investment
• Neutral Sentiment: Wells Fargo initiated coverage with an “equal weight” rating and a $122 price target, implying roughly 9% upside from the referenced price but signaling limited conviction relative to the broader market.
• Neutral Sentiment: Brokerages collectively maintain a “Moderate Buy” rating, supported by a consensus target well above the current trading level; however, ratings remain mixed between Buy and Hold recommendations. Brokerage rating summary
• Negative Sentiment: UBS reiterated a “Neutral” view, citing lower realizations. Weaker realizations can reduce performance-related earnings and signal challenges in monetizing portfolio investments. UBS Blackstone rating
• Negative Sentiment: A reported major-shareholder transaction involved the sale of 3,767,776 shares, reducing that holder’s position by 99.57%. Although the filing’s reported price appears inconsistent with BX’s market price, the unusually large disposition may weigh on sentiment. Blackstone major-shareholder sale

Blackstone Price Performance

Shares of NYSE BX opened at $111.88 on Friday. The company has a market capitalization of $83.98 billion, a PE ratio of 25.03, a P/E/G ratio of 1.26 and a beta of 1.59. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.63. The firm has a fifty day simple moving average of $132.60 and a 200 day simple moving average of $124.17. Blackstone has a twelve month low of $101.73 and a twelve month high of $170.00.

Blackstone (NYSE:BX) last posted its quarterly earnings results on Thursday, July 23rd. The asset manager reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.34 by $0.18. Blackstone had a net margin of 21.84% and a return on equity of 23.77%. The business had revenue of $5.04 billion during the quarter, compared to analysts’ expectations of $3.42 billion. During the same period last year, the company posted $0.98 earnings per share. The business’s quarterly revenue was up 35.9% on a year-over-year basis. On average, sell-side analysts forecast that Blackstone will post 5.98 EPS for the current year.

Blackstone Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Monday, August 3rd were issued a $1.29 dividend. This is a positive change from Blackstone’s previous quarterly dividend of $1.16. This represents a $5.16 annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Monday, August 3rd. Blackstone’s dividend payout ratio (DPR) is 115.44%.

Insider Buying and Selling

In other Blackstone news, major shareholder Holdings I. L.P. Blackstone sold 124,600 shares of the stock in a transaction that occurred on Friday, September 25th. The stock was sold at an average price of $16.40, for a total value of $2,043,440.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Bx Buzz Ml-1 Gp Llc sold 3,767,776 shares of Blackstone stock in a transaction dated Monday, September 28th. The shares were sold at an average price of $2.94, for a total transaction of $11,077,261.44. Following the sale, the insider directly owned 16,120 shares in the company, valued at $47,392.80. The trade was a 99.57% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders purchased 1,038,406 shares of company stock valued at $27,205,951 and sold 4,077,276 shares valued at $37,573,644. Company insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On Blackstone

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BX. Palladiem LLC bought a new position in Blackstone during the fourth quarter valued at approximately $31,000. 1 North Wealth Services LLC lifted its position in Blackstone by 99.1% in the fourth quarter. 1 North Wealth Services LLC now owns 221 shares of the asset manager’s stock worth $34,000 after buying an additional 110 shares during the last quarter. Wellington Altus USA Inc. bought a new position in Blackstone during the second quarter valued at $26,000. Addison Advisors LLC bought a new position in Blackstone during the 2nd quarter valued at about $30,000. Finally, NBH Bank purchased a new stake in shares of Blackstone in the second quarter worth approximately $30,000. 70.00% of the stock is owned by hedge funds and other institutional investors.

About Blackstone

Blackstone Inc is a global alternative asset management firm that provides investment solutions to institutional investors, companies, financial advisers and individual investors. Founded in 1985 by Stephen A. Schwarzman and Peter G. Peterson, the company has developed a broad platform spanning private markets and other alternative investments.

Blackstone’s businesses include private equity, real estate, credit and insurance, infrastructure, secondaries and hedge fund solutions. Its investment activities may involve acquiring and managing companies, commercial and residential properties, infrastructure assets, private credit and other investments on behalf of its clients.

The firm serves clients and invests across North America, Europe, Asia-Pacific and other international markets.