Deutsche Bank Aktiengesellschaft Lowers Blackstone (NYSE:BX) Price Target to $146.00

Key Points

• Deutsche Bank cut its price target on Blackstone from $156 to $146 while maintaining a "buy" rating, implying roughly a 19.05% upside from the current share price.
• Blackstone beat Q1 estimates (EPS $1.36 vs. $1.34; revenue $3.62B vs. $3.45B), reported rising AUM (~$1.3T) and declared a quarterly dividend of $1.16/share (about a 3.8% yield).
• Analyst coverage is mixed but the consensus is a Moderate Buy with an average price target of $151.86 (11 Buy, 11 Hold); meanwhile, major shareholders have recently sold large stakes and institutional ownership is ~70%.

Blackstone (NYSE:BX - Get Free Report) had its target price lowered by analysts at Deutsche Bank Aktiengesellschaft from $156.00 to $146.00 in a research report issued on Friday,MarketScreener reports. The brokerage currently has a "buy" rating on the asset manager's stock. Deutsche Bank Aktiengesellschaft's price objective suggests a potential upside of 19.05% from the company's current price.

Several other equities research analysts also recently commented on BX. Argus reduced their price objective on Blackstone from $195.00 to $163.00 and set a "buy" rating for the company in a report on Wednesday, February 4th. TD Cowen decreased their price objective on shares of Blackstone from $164.00 to $141.00 and set a "buy" rating for the company in a report on Thursday, April 9th. Barclays dropped their target price on shares of Blackstone from $126.00 to $124.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 8th. Citigroup reiterated a "market outperform" rating on shares of Blackstone in a research note on Friday, January 30th. Finally, Royal Bank Of Canada decreased their price target on shares of Blackstone from $179.00 to $176.00 and set an "outperform" rating on the stock in a research report on Monday. Eleven equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $151.86.

Blackstone Price Performance

Shares of Blackstone stock opened at $122.64 on Friday. The firm has a market cap of $91.02 billion, a PE ratio of 31.53, a price-to-earnings-growth ratio of 1.35 and a beta of 1.74. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.61. The company's fifty day simple moving average is $116.77 and its two-hundred day simple moving average is $138.66. Blackstone has a 12-month low of $101.73 and a 12-month high of $190.09.

Blackstone (NYSE:BX - Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The asset manager reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.02. The business had revenue of $3.62 billion for the quarter, compared to analysts' expectations of $3.45 billion. Blackstone had a return on equity of 22.17% and a net margin of 20.89%.The firm's quarterly revenue was up 10.0% on a year-over-year basis. During the same period in the prior year, the firm posted $1.11 EPS. As a group, equities analysts expect that Blackstone will post 6.12 EPS for the current year.

Insider Buying and Selling at Blackstone

In other news, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $3.51, for a total value of $26,246,039.04. Following the sale, the insider directly owned 25,832 shares in the company, valued at approximately $90,670.32. This represents a 99.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of Blackstone stock in a transaction on Friday, February 27th. The stock was sold at an average price of $10.00, for a total value of $15,961,420.00. The SEC filing for this sale provides additional information. Company insiders own 1.00% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BX. REAP Financial Group LLC bought a new position in Blackstone in the third quarter worth approximately $26,000. Family CFO Inc purchased a new stake in shares of Blackstone during the fourth quarter valued at about $28,000. Ares Financial Consulting LLC purchased a new position in shares of Blackstone in the 4th quarter worth approximately $28,000. Richardson Financial Services Inc. bought a new position in shares of Blackstone during the 4th quarter worth approximately $29,000. Finally, Redmont Wealth Advisors LLC acquired a new stake in Blackstone in the third quarter valued at approximately $30,000. 70.00% of the stock is currently owned by institutional investors.

Trending Headlines about Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Q1 results beat expectations — EPS of $1.36 vs. $1.34 est. and revenue of $3.62B vs. $3.45B; fee‑earning AUM rose and total AUM hit roughly $1.3T, giving investors concrete evidence of growth. Press Release / Slide Deck
• Positive Sentiment: Dividend announced: BX declared a quarterly dividend of $1.16/share (ex‑dividend May 4, pay May 11), implying a ~3.8% yield — supports income investors and provides a near‑term cash return floor.
• Positive Sentiment: Investment gains helped lift distributable earnings and first‑quarter profit, reinforcing the beat and showing portfolio realization/mark gains can drive results. Reuters: Profit Boost
• Positive Sentiment: Oppenheimer raised its price target to $156 and kept an “outperform” rating — an incremental analyst vote of confidence that points to meaningful upside from current levels. Benzinga: PT Raise
• Positive Sentiment: Portfolio and energy‑transition activity: Blackstone‑backed Kindle Energy broke ground on a $1.2B CCGT facility and AirTrunk is exploring a bond — shows continued deal flow and realizations from private investments. BusinessWire: Kindle Energy
• Neutral Sentiment: Extensive coverage and call transcripts are circulating (earnings call Q1 transcript, analyst writeups, ETF rankings) — useful for digging into segment detail but already largely reflected in today’s move. Earnings Call Transcript
• Neutral Sentiment: Jersey Mike’s confidential IPO filing (a Blackstone portfolio company) signals potential near‑term exit/liquidity events, which can be positive for future realizations but timing/value are uncertain.
• Negative Sentiment: Mixed analyst moves: Morgan Stanley “lowered” its price target (to $184) — the downward revision language can temper enthusiasm despite the target remaining above current price. Analyst PT Change
• Negative Sentiment: Some GAAP metrics and reported expenses drew attention (reports noted GAAP profit distortions/expense increases), which could cap multiple expansion if investors focus on one‑time or volatile mark‑to‑market swings. Coverage: GAAP Notes

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.

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