Key Points
- Insider sale: SVP Luke Stevens Putman sold 29,386 BSM shares at an average $14.45 on April 6 (≈$424,628) and still holds 732,031 shares, a 3.86% ownership decrease disclosed in an SEC Form 4.
- Quarterly results & dividend: BSM beat estimates with $0.31 EPS and $118.7M revenue, reported strong margins, and pays a $0.30 quarterly dividend (annualized $1.20) yielding about 8.3% with a payout ratio near 93.8%.
- Analyst outlook & stock metrics: KeyCorp trimmed near‑term and FY EPS forecasts, the consensus rating is "Hold" with an average target of $14.00, and the stock trades near $14.40 with a market cap around $3.06B and a P/E of ~11.3.
Black Stone Minerals, L.P. (NYSE:BSM - Get Free Report) SVP Luke Stevens Putman sold 29,386 shares of the business's stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $14.45, for a total transaction of $424,627.70. Following the completion of the sale, the senior vice president owned 732,031 shares in the company, valued at approximately $10,577,847.95. This trade represents a 3.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Luke Stevens Putman also recently made the following trade(s):
- On Thursday, March 5th, Luke Stevens Putman sold 30,276 shares of Black Stone Minerals stock. The shares were sold at an average price of $15.25, for a total transaction of $461,709.00.
Black Stone Minerals Stock Down 0.4%
Shares of BSM opened at $14.40 on Wednesday. The firm has a market cap of $3.06 billion, a P/E ratio of 11.25 and a beta of 0.19. Black Stone Minerals, L.P. has a 12-month low of $11.78 and a 12-month high of $15.49. The company's 50-day moving average price is $15.07 and its 200 day moving average price is $14.12. The company has a current ratio of 3.88, a quick ratio of 3.88 and a debt-to-equity ratio of 0.19.
Black Stone Minerals (NYSE:BSM - Get Free Report) last issued its quarterly earnings data on Monday, February 23rd. The oil and gas producer reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.04. The firm had revenue of $118.70 million for the quarter, compared to analyst estimates of $98.08 million. Black Stone Minerals had a net margin of 62.26% and a return on equity of 43.31%. On average, sell-side analysts forecast that Black Stone Minerals, L.P. will post 1.36 earnings per share for the current year.
Black Stone Minerals Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, February 25th. Shareholders of record on Wednesday, February 18th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 8.3%. The ex-dividend date of this dividend was Wednesday, February 18th. Black Stone Minerals's payout ratio is currently 93.75%.
Hedge Funds Weigh In On Black Stone Minerals
Several institutional investors have recently bought and sold shares of BSM. Farther Finance Advisors LLC grew its position in Black Stone Minerals by 61.0% in the 4th quarter. Farther Finance Advisors LLC now owns 2,375 shares of the oil and gas producer's stock valued at $32,000 after acquiring an additional 900 shares in the last quarter. Newbridge Financial Services Group Inc. grew its position in Black Stone Minerals by 71.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 2,981 shares of the oil and gas producer's stock valued at $39,000 after acquiring an additional 1,245 shares in the last quarter. Garton & Associates Financial Advisors LLC acquired a new position in Black Stone Minerals in the 4th quarter valued at about $43,000. Kestra Advisory Services LLC acquired a new position in shares of Black Stone Minerals during the fourth quarter worth about $86,000. Finally, Tower Research Capital LLC TRC grew its position in shares of Black Stone Minerals by 7,822.8% during the second quarter. Tower Research Capital LLC TRC now owns 7,289 shares of the oil and gas producer's stock worth $95,000 after buying an additional 7,197 shares in the last quarter. 14.49% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities analysts have weighed in on the company. Zacks Research downgraded Black Stone Minerals from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 4th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Black Stone Minerals in a research report on Monday, December 29th. Finally, Piper Sandler lifted their target price on Black Stone Minerals from $13.00 to $14.00 and gave the company a "neutral" rating in a research report on Thursday, March 5th. Four investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Black Stone Minerals has an average rating of "Hold" and an average price target of $14.00.
Check Out Our Latest Stock Report on Black Stone Minerals
Key Stories Impacting Black Stone Minerals
Here are the key news stories impacting Black Stone Minerals this week:
- Positive Sentiment: Seeking Alpha ran a bullish feature highlighting Black Stone Minerals' exposure to rising data‑center energy demand and positioning the mineral-owner to benefit from long‑term electricity and fuel consumption tailwinds. This piece supports a longer‑term growth narrative that could attract strategic or thematic buyers. Black Stone Minerals: Built For The Data Center Energy Boom
- Neutral Sentiment: Insider sale — SVP Luke Stevens Putman sold 29,386 shares at an average $14.45 (value ~$424.6k) and still holds 732,031 shares (~$10.6M). The sale was disclosed to the SEC. Because the holding remains large, this transaction reads more as liquidity-taking than a signal of loss of confidence. SEC Form 4
- Negative Sentiment: KeyCorp cut multiple near‑term and FY EPS forecasts for BSM in a research note (issued April 1). The bank trimmed FY2026 EPS from $1.20 to $0.87 and FY2027 from $1.46 to $1.22 and lowered several quarterly estimates (e.g., Q1 2026 to $0.21 from $0.28; Q1 2027 to $0.31 from $0.37). Those downward revisions reduce near‑term earnings expectations and are the primary negative catalyst likely weighing on the stock today.
About Black Stone Minerals
(
Get Free Report)
Black Stone Minerals L.P. (NYSE: BSM) is a publicly traded limited partnership that acquires and manages oil and natural gas mineral interests and producing royalty interests across the United States. The company's business model centers on holding fractional ownership in subsurface mineral estates, which allows it to earn royalty income from hydrocarbon production without taking on the capital expenditures or operating risks associated with exploration and development.
Founded in 1876 and headquartered in Houston, Texas, Black Stone Minerals has built a diversified portfolio spanning key U.S.
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