Blackstone Secured Lending Fund (NYSE:BXSL) Stock Rating Upgraded by Zacks Research

Blackstone Secured Lending Fund (NYSE:BXSL) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a note issued to investors on Wednesday,Zacks.com reports.

BXSL has been the topic of several other reports. Keefe, Bruyette & Woods lowered shares of Blackstone Secured Lending Fund from an “outperform” rating to a “market perform” rating and decreased their price target for the company from $25.00 to $24.00 in a report on Monday, June 8th. Oppenheimer initiated coverage on shares of Blackstone Secured Lending Fund in a research report on Thursday, July 23rd. They issued a “market perform” rating and a $25.00 target price on the stock. B. Riley Financial decreased their target price on shares of Blackstone Secured Lending Fund from $24.50 to $23.50 and set a “neutral” rating on the stock in a research note on Tuesday, May 12th. Truist Financial lowered their price target on shares of Blackstone Secured Lending Fund from $30.00 to $26.00 and set a “buy” rating for the company in a report on Tuesday, May 19th. Finally, Wall Street Zen upgraded Blackstone Secured Lending Fund from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. Four research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $24.78.

Blackstone Secured Lending Fund Stock Up 3.6%

Shares of BXSL stock opened at $24.17 on Wednesday. Blackstone Secured Lending Fund has a twelve month low of $22.47 and a twelve month high of $30.69. The company has a market cap of $5.62 billion, a P/E ratio of 12.66 and a beta of 0.38. The business has a fifty day simple moving average of $23.59 and a 200 day simple moving average of $24.06.

Blackstone Secured Lending Fund (NYSE:BXSL) last released its earnings results on Thursday, August 6th. The company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.09. The firm had revenue of $233.30 million for the quarter, compared to analysts’ expectations of $326.72 million. Blackstone Secured Lending Fund had a return on equity of 11.73% and a net margin of 31.63%. As a group, equities research analysts anticipate that Blackstone Secured Lending Fund will post 2.75 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Blackstone Secured Lending Fund news, insider Robert J. Bass bought 2,095 shares of Blackstone Secured Lending Fund stock in a transaction on Tuesday, May 12th. The shares were purchased at an average cost of $23.80 per share, with a total value of $49,861.00. Following the acquisition, the insider directly owned 25,107 shares of the company’s stock, valued at $597,546.60. The trade was a 9.10% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.11% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Blackstone Secured Lending Fund

Several large investors have recently modified their holdings of the business. Strs Ohio bought a new stake in Blackstone Secured Lending Fund in the first quarter valued at approximately $94,760,000. Van ECK Associates Corp raised its holdings in Blackstone Secured Lending Fund by 112.1% during the 4th quarter. Van ECK Associates Corp now owns 5,149,915 shares of the company’s stock worth $135,597,000 after purchasing an additional 2,721,843 shares during the last quarter. UBS Group AG raised its holdings in Blackstone Secured Lending Fund by 112.5% during the 4th quarter. UBS Group AG now owns 4,731,343 shares of the company’s stock worth $124,576,000 after purchasing an additional 2,504,617 shares during the last quarter. Quantum Portfolio Management LLC acquired a new position in shares of Blackstone Secured Lending Fund in the 1st quarter worth approximately $38,000. Finally, Bank of America Corp DE lifted its position in shares of Blackstone Secured Lending Fund by 11.9% in the 2nd quarter. Bank of America Corp DE now owns 7,820,346 shares of the company’s stock worth $240,476,000 after purchasing an additional 832,179 shares during the period. Institutional investors own 36.49% of the company’s stock.

Blackstone Secured Lending Fund News Summary

Here are the key news stories impacting Blackstone Secured Lending Fund this week:

• Positive Sentiment: BXSL reported second-quarter net investment income of $0.75 per share, exceeding the $0.66 analyst consensus, although it was slightly below $0.77 a year earlier. BXSL Surpasses Q2 Earnings Estimates
• Positive Sentiment: The company declared a quarterly dividend of $0.77 per share, payable October 23 to shareholders of record September 30. The dividend implies an annualized payout of approximately $3.08 per share and a yield near 12.7%, supporting BXSL’s appeal to income-focused investors. BXSL Reports Second-Quarter 2026 Results
• Positive Sentiment: Credit quality remained relatively stable: no new assets were placed on non-accrual, non-accrual investments represented 1.8% of the portfolio, and first-lien senior secured debt accounted for 96.8% of investments at fair value. BXSL also ended the quarter with approximately $2.8 billion of liquidity.
• Positive Sentiment: Management reported more than $300 million of new investment fundings and over $700 million of repayments, while net asset value was approximately $25.53 per share—above the recent trading level. BXSL Reports Second-Quarter Net Income
• Negative Sentiment: GAAP net income fell sharply to $9 million, or $0.04 per share, compared with the $0.66 consensus estimate. Revenue of $233.3 million also missed the $326.7 million estimate, likely reflecting valuation or investment-related impacts despite healthy recurring net investment income. Blackstone BDC Profit Drops While Loan Performance Steadies

About Blackstone Secured Lending Fund

Blackstone Secured Lending Fund (NYSE: BXSL) is a closed-end management investment company sponsored by Blackstone Credit, the credit-oriented business of Blackstone Inc Launched in May 2020, BXSL seeks to deliver attractive risk-adjusted returns primarily through current income and, to a lesser extent, capital appreciation. The fund raises capital from institutional and retail investors and deploys it into a diversified portfolio of senior secured loans and other credit instruments.

The fund’s principal investment focus is on first-lien senior secured loans and unitranche debt extended to middle-market companies across North America.