Blackstone Secured Lending Fund (NYSE:BXSL) Given New $23.00 Price Target at JPMorgan Chase & Co.

Posted by Brian Himes on Jul 2nd, 2026

Blackstone Secured Lending Fund (NYSE:BXSL – Get Free Report) had its price objective cut by equities research analysts at JPMorgan Chase & Co. from $24.00 to $23.00 in a research report issued on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price points to a potential downside of 3.84% from the stock’s current price.

Other analysts also recently issued research reports about the stock. UBS Group decreased their target price on shares of Blackstone Secured Lending Fund from $24.75 to $24.50 and set a “neutral” rating for the company in a research report on Monday, May 18th. Royal Bank Of Canada reduced their price objective on shares of Blackstone Secured Lending Fund from $28.00 to $26.00 and set an “outperform” rating on the stock in a research note on Monday, May 18th. Keefe, Bruyette & Woods downgraded shares of Blackstone Secured Lending Fund from an “outperform” rating to a “market perform” rating and lowered their target price for the stock from $25.00 to $24.00 in a research note on Monday, June 8th. B. Riley Financial decreased their price target on Blackstone Secured Lending Fund from $24.50 to $23.50 and set a “neutral” rating for the company in a report on Tuesday, May 12th. Finally, Truist Financial cut their target price on Blackstone Secured Lending Fund from $30.00 to $26.00 and set a “buy” rating on the stock in a research report on Tuesday, May 19th. Four research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $24.75.

Read Our Latest Stock Analysis on BXSL

Blackstone Secured Lending Fund Stock Up 0.9%

NYSE BXSL opened at $23.92 on Thursday. The company has a market capitalization of $5.56 billion, a price-to-earnings ratio of 12.52 and a beta of 0.37. Blackstone Secured Lending Fund has a twelve month low of $22.47 and a twelve month high of $32.81. The stock has a fifty day simple moving average of $23.84 and a 200 day simple moving average of $24.69.

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

Insider Buying and Selling

In related news, insider Robert J. Bass purchased 2,095 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was purchased at an average cost of $23.80 per share, with a total value of $49,861.00. Following the completion of the purchase, the insider owned 25,107 shares in the company, valued at approximately $597,546.60. This trade represents a 9.10% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.10% of the company’s stock.

Hedge Funds Weigh In On Blackstone Secured Lending Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. Armstrong Advisory Group Inc. grew its stake in shares of Blackstone Secured Lending Fund by 135.1% in the 4th quarter. Armstrong Advisory Group Inc. now owns 999 shares of the company’s stock valued at $26,000 after buying an additional 574 shares during the period. Osterweis Capital Management Inc. acquired a new position in Blackstone Secured Lending Fund during the 4th quarter worth approximately $33,000. Hilton Head Capital Partners LLC bought a new position in Blackstone Secured Lending Fund in the fourth quarter worth approximately $34,000. Quantum Portfolio Management LLC acquired a new stake in Blackstone Secured Lending Fund in the first quarter valued at approximately $38,000. Finally, SHP Wealth Management acquired a new stake in Blackstone Secured Lending Fund in the fourth quarter valued at approximately $48,000. 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.