Cerity Partners LLC Has $67.02 Million Stock Holdings in Blackstone Inc. $BX

Cerity Partners LLC increased its holdings in shares of Blackstone Inc. (NYSE:BX) by 5.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 392,308 shares of the asset manager’s stock after buying an additional 21,430 shares during the quarter. Cerity Partners LLC owned 0.05% of Blackstone worth $67,023,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Kingstone Capital Partners Texas LLC grew its holdings in shares of Blackstone by 519,669.1% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 70,132,441 shares of the asset manager’s stock valued at $10,490,411,000 after purchasing an additional 70,118,948 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Blackstone by 2.2% during the second quarter. Vanguard Group Inc. now owns 69,492,377 shares of the asset manager’s stock worth $10,394,670,000 after buying an additional 1,494,796 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Blackstone by 1.4% in the 2nd quarter. Geode Capital Management LLC now owns 16,542,863 shares of the asset manager’s stock valued at $2,462,706,000 after acquiring an additional 227,416 shares during the last quarter. Norges Bank bought a new stake in Blackstone during the 2nd quarter worth $1,071,348,000. Finally, Legal & General Group Plc raised its position in Blackstone by 4.7% in the second quarter. Legal & General Group Plc now owns 4,532,941 shares of the asset manager’s stock valued at $678,037,000 after purchasing an additional 202,245 shares during the last quarter. Institutional investors and hedge funds own 70.00% of the company’s stock.

Key Stories Impacting Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone Energy Transition Partners announced the acquisition of Alliance Technical Group, strengthening BX’s energy‑transition platform and providing a near‑term revenue and deal pipeline boost. Blackstone Energy Transition Partners Announces Acquisition of Alliance Technical Group
• Positive Sentiment: Investor commentary in some outlets frames Blackstone as a buying opportunity despite near‑term headwinds, arguing the firm’s fee‑earning franchise and asset base justify a longer‑term allocation. Blackstone: A Buying Opportunity Amidst Challenges
• Neutral Sentiment: Valuation pieces note BX’s multiple and growth prospects are attracting attention; analysts are split between cautious upside and fair‑value views, leading to mixed trading reactions. A Look At Blackstone (BX) Valuation As Recent Share Price Momentum Draws Investor Attention
• Neutral Sentiment: Independent analysis suggests BX is not deeply undervalued but that disciplined upside exists if fee revenue and fundraising continue to improve; this is a cautious, research‑driven view rather than immediate catalyst. Blackstone: Not A Bargain, But Disciplined Upside Exists
• Neutral Sentiment: Some coverage noted an intraday pop tied to the energy transition narrative even as regulatory headlines circulated, highlighting how conflicting news flows are driving volatility. Blackstone (BX) Is Up 5.1% After Trump Targets Institutional Homebuyers And Expands Into Energy Transition
• Negative Sentiment: Reports that former President Trump plans steps to ban or restrict institutional purchases of single‑family homes created direct regulatory risk for Blackstone’s single‑family rental exposure; that headline triggered selling pressure and is the primary bearish driver behind today’s weaker share action. Blackstone stock sinks after Trump plans steps to ban institutional investors from buying single-family homes

Insider Transactions at Blackstone

In other Blackstone news, Director Ruth Porat acquired 324 shares of the company’s stock in a transaction on Monday, November 10th. The shares were purchased at an average cost of $146.92 per share, with a total value of $47,602.08. Following the completion of the purchase, the director owned 39,077 shares of the company’s stock, valued at approximately $5,741,192.84. This represents a 0.84% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Holdings Iv Gp Mana Blackstone bought 385,208 shares of the stock in a transaction that occurred on Friday, November 21st. The stock was acquired at an average price of $25.96 per share, for a total transaction of $9,999,999.68. Following the acquisition, the insider directly owned 16,332,883 shares in the company, valued at $424,001,642.68. The trade was a 2.42% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased 797,148 shares of company stock valued at $24,050,153 over the last ninety days. Company insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on BX. Jefferies Financial Group lowered their price objective on Blackstone from $199.00 to $187.00 in a research note on Monday, November 10th. Bank of America decreased their price target on shares of Blackstone from $199.00 to $189.00 in a research report on Wednesday, December 10th. Keefe, Bruyette & Woods reduced their price objective on shares of Blackstone from $180.00 to $171.00 and set a “market perform” rating on the stock in a research note on Monday, October 13th. Morgan Stanley raised their target price on Blackstone from $200.00 to $215.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 21st. Finally, Piper Sandler decreased their price target on Blackstone from $173.00 to $168.00 and set a “neutral” rating for the company in a research note on Friday, October 24th. Ten investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $179.95.

Blackstone Trading Down 5.5%

Shares of BX stock opened at $153.64 on Thursday. The company has a market cap of $113.45 billion, a P/E ratio of 43.90, a PEG ratio of 1.14 and a beta of 1.75. Blackstone Inc. has a fifty-two week low of $115.66 and a fifty-two week high of $190.09. The stock has a 50 day simple moving average of $149.18 and a two-hundred day simple moving average of $160.76. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.75 and a current ratio of 0.75.

Blackstone (NYSE:BX) last announced its quarterly earnings data on Friday, November 22nd. The asset manager reported $0.97 EPS for the quarter. The company had revenue of $2.49 billion during the quarter. Blackstone had a net margin of 20.56% and a return on equity of 22.30%. Research analysts forecast that Blackstone Inc. will post 5.87 earnings per share for the current year.

Blackstone Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 10th. Stockholders of record on Monday, November 3rd were given a dividend of $1.29 per share. This is a boost from Blackstone’s previous quarterly dividend of $1.03. The ex-dividend date of this dividend was Monday, November 3rd. This represents a $5.16 dividend on an annualized basis and a dividend yield of 3.4%. Blackstone’s payout ratio is currently 147.43%.

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.