Blackstone Secured Lending Fund (NYSE:BXSL) Downgraded to Market Perform Rating by Keefe, Bruyette & Woods

Posted by Brenda Bartman on Jun 8th, 2026

Blackstone Secured Lending Fund (NYSE:BXSL – Get Free Report) was downgraded by equities research analysts at Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating in a report issued on Monday, Marketbeat.com reports. They currently have a $24.00 price objective on the stock. Keefe, Bruyette & Woods’ price target points to a potential upside of 1.61% from the stock’s previous close.

BXSL has been the topic of a number of other reports. Royal Bank Of Canada decreased their price objective on Blackstone Secured Lending Fund from $28.00 to $26.00 and set an “outperform” rating on the stock in a research report on Monday, May 18th. Wells Fargo & Company cut their target price on Blackstone Secured Lending Fund from $24.00 to $22.00 and set an “underweight” rating on the stock in a research report on Friday, May 8th. B. Riley Financial decreased their price target on Blackstone Secured Lending Fund from $24.50 to $23.50 and set a “neutral” rating on the stock in a report on Tuesday, May 12th. Wall Street Zen downgraded Blackstone Secured Lending Fund from a “hold” rating to a “sell” rating in a research report on Sunday, March 1st. Finally, UBS Group dropped their price objective on shares of Blackstone Secured Lending Fund from $24.75 to $24.50 and set a “neutral” rating for the company in a research note on Monday, May 18th. Four analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $24.88.

Get Our Latest Stock Report on Blackstone Secured Lending Fund

Blackstone Secured Lending Fund Stock Up 0.2%

Shares of NYSE:BXSL opened at $23.62 on Monday. Blackstone Secured Lending Fund has a 52 week low of $22.47 and a 52 week high of $32.81. The stock has a market capitalization of $5.50 billion, a P/E ratio of 12.37 and a beta of 0.38. The firm has a fifty day simple moving average of $23.86 and a two-hundred day simple moving average of $25.16.

Blackstone Secured Lending Fund (NYSE:BXSL – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.02. Blackstone Secured Lending Fund had a net margin of 31.63% and a return on equity of 11.73%. The firm had revenue of $254.64 million for the quarter, compared to analysts’ expectations of $353.15 million. On average, analysts expect that Blackstone Secured Lending Fund will post 2.76 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Robert J. Bass bought 2,095 shares of Blackstone Secured Lending Fund stock in a transaction dated Tuesday, May 12th. The shares were acquired at an average cost of $23.80 per share, with a total value of $49,861.00. Following the completion of the transaction, the insider owned 25,107 shares in the company, valued at $597,546.60. The trade was a 9.10% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Strs Ohio purchased a new stake in Blackstone Secured Lending Fund in the first quarter worth about $94,760,000. Van ECK Associates Corp increased its position 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 valued at $135,597,000 after purchasing an additional 2,721,843 shares during the period. UBS Group AG raised its holdings in shares of Blackstone Secured Lending Fund by 112.5% in the 4th quarter. UBS Group AG now owns 4,731,343 shares of the company’s stock valued at $124,576,000 after purchasing an additional 2,504,617 shares in the last quarter. Quantum Portfolio Management LLC bought a new stake in shares of Blackstone Secured Lending Fund in the 1st quarter valued at about $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 Company Profile

(Get Free Report)

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.