Blackstone Inc. $BX Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC lowered its holdings in shares of Blackstone Inc. (NYSE:BX) by 2.6% in the third quarter, HoldingsChannel.com reports. The fund owned 233,286 shares of the asset manager’s stock after selling 6,233 shares during the quarter. Private Advisor Group LLC’s holdings in Blackstone were worth $39,857,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Redwood Financial Network Corp grew its holdings in Blackstone by 1.8% during the 2nd quarter. Redwood Financial Network Corp now owns 3,588 shares of the asset manager’s stock valued at $537,000 after buying an additional 65 shares during the last quarter. Obermeyer Wealth Partners raised its stake in Blackstone by 2.3% in the 3rd quarter. Obermeyer Wealth Partners now owns 2,993 shares of the asset manager’s stock valued at $511,000 after purchasing an additional 66 shares during the last quarter. Klingman & Associates LLC increased its stake in Blackstone by 0.4% in the third quarter. Klingman & Associates LLC now owns 15,116 shares of the asset manager’s stock valued at $2,583,000 after purchasing an additional 67 shares during the last quarter. Lazari Capital Management Inc. boosted its stake in Blackstone by 4.5% in the 3rd quarter. Lazari Capital Management Inc. now owns 1,578 shares of the asset manager’s stock worth $270,000 after buying an additional 68 shares during the last quarter. Finally, Alpha Cubed Investments LLC increased its stake in shares of Blackstone by 0.9% during the 2nd quarter. Alpha Cubed Investments LLC now owns 8,214 shares of the asset manager’s stock valued at $1,229,000 after acquiring an additional 70 shares during the last quarter. 70.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Blackstone news, major shareholder Holdings Iv Gp Mana Blackstone acquired 1,146,789 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The shares were purchased at an average price of $26.16 per share, for a total transaction of $30,000,000.24. Following the completion of the purchase, the insider directly owned 16,716,249 shares in the company, valued at $437,297,073.84. The trade was a 7.37% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the company’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $10.00, for a total value of $15,961,420.00. Additional details regarding this sale are available in the official SEC disclosure. 1.00% of the stock is currently owned by insiders.

Blackstone Stock Down 4.6%

BX stock opened at $110.20 on Monday. The company has a market capitalization of $81.79 billion, a P/E ratio of 28.40, a PEG ratio of 0.95 and a beta of 1.80. The firm has a 50 day simple moving average of $139.66 and a 200-day simple moving average of $152.47. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.61. Blackstone Inc. has a twelve month low of $105.09 and a twelve month high of $190.09.

Blackstone (NYSE:BX) last announced its quarterly earnings data on Thursday, January 29th. The asset manager reported $1.75 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.21. The company had revenue of $4.36 billion during the quarter, compared to analyst estimates of $3.69 billion. Blackstone had a net margin of 20.89% and a return on equity of 22.17%. The firm’s revenue for the quarter was up 41.4% compared to the same quarter last year. During the same period last year, the business earned $1.69 EPS. On average, equities research analysts predict that Blackstone Inc. will post 5.87 earnings per share for the current fiscal year.

Blackstone Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were paid a dividend of $1.49 per share. The ex-dividend date was Monday, February 9th. This is an increase from Blackstone’s previous quarterly dividend of $1.29. This represents a $5.96 annualized dividend and a yield of 5.4%. Blackstone’s payout ratio is currently 153.61%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on BX shares. Weiss Ratings restated a “hold (c)” rating on shares of Blackstone in a report on Wednesday, January 21st. Rothschild & Co Redburn reduced their price target on shares of Blackstone from $165.00 to $158.00 and set a “neutral” rating on the stock in a research report on Monday, February 2nd. JPMorgan Chase & Co. decreased their price target on Blackstone from $158.00 to $122.00 and set a “neutral” rating for the company in a report on Tuesday, March 3rd. Royal Bank Of Canada initiated coverage on shares of Blackstone in a research note on Monday, February 23rd. They set an “outperform” rating and a $179.00 price objective on the stock. Finally, Citizens Jmp restated a “market outperform” rating and issued a $195.00 target price on shares of Blackstone in a research note on Friday, January 30th. Eleven research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $165.86.

Blackstone News Roundup

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Oaktree co‑founder Howard Marks publicly said there’s “no systemic problem” with private credit, a comment that calms fears about contagion across the sector and can support sentiment for BX. Oaktree’s Howard Marks says there’s no systemic problem with private credit
• Neutral Sentiment: Barclays reinstated coverage of BX with an Equal Weight rating and a $126 price target after a brief restriction period — coverage resumption reduces uncertainty but the $126 PT is well below recent 200‑day averages. Blackstone (BX) Coverage Reinstated by Barclays with $126 Price Target
• Negative Sentiment: Blackstone’s BCRED fund has seen a surge in redemption requests; the firm raised the repurchase cap and injected capital to meet demand — action avoids a disorderly liquidity event but highlights stress in retail-facing private credit and likely weighs on sentiment and valuation. Blackstone Redemptions Test Liquidity As Shares Trade Below Fair Value
• Negative Sentiment: Analysts cut targets: JPMorgan lowered its BX target to $122 and Barclays’s published target sits at $126 — fresh downward pressure from the sell‑side. JPMorgan Chase & Co. Lowers Blackstone Price Target to $122
• Negative Sentiment: A major shareholder sold roughly $15.96M of BX stock, a transaction that can amplify intraday selling pressure and signal reduced insider conviction. Blackstone Major Shareholder Sells $15,961,420.00 in Stock
• Negative Sentiment: Reports Bloomberg/Reuters that talks for a ~$4B New World deal have stalled over control issues; market reaction to deal uncertainty pressured related shares and sentiment toward BX. Blackstone’s $4 billion New World talks stall over control
• Negative Sentiment: Critical analyst pieces and commentary argue valuation and liquidity risks remain elevated (e.g., Seeking Alpha take and broader coverage of retail private‑credit redemptions), sustaining bearish narratives. Avoiding Blackstone And Blackstone Secured Lending…

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.