Blackstone Inc. (NYSE:BX – Get Free Report) major shareholder Holdings Iv Gp Mana Blackstone bought 1,146,789 shares of the company’s stock in a transaction on Monday, February 23rd. The shares were bought at an average price of $26.16 per share, with a total value of $30,000,000.24. Following the completion of the transaction, the insider owned 16,716,249 shares of the company’s stock, valued at $437,297,073.84. The trade was a 7.37% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
Holdings Iv Gp Mana Blackstone also recently made the following trade(s):
- On Friday, December 19th, Holdings Iv Gp Mana Blackstone bought 384,468 shares of Blackstone stock. The stock was bought at an average cost of $26.01 per share, with a total value of $10,000,012.68.
Blackstone Price Performance
BX opened at $118.14 on Thursday. The firm has a market cap of $87.24 billion, a price-to-earnings ratio of 30.45, a PEG ratio of 0.91 and a beta of 1.76. Blackstone Inc. has a 1 year low of $111.04 and a 1 year high of $190.09. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.76 and a quick ratio of 0.75. The stock’s 50 day simple moving average is $145.42 and its 200 day simple moving average is $155.40.
Blackstone Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 9th were paid a $1.49 dividend. The ex-dividend date of this dividend was Monday, February 9th. This is a boost from Blackstone’s previous quarterly dividend of $1.29. This represents a $5.96 annualized dividend and a dividend yield of 5.0%. Blackstone’s payout ratio is 153.61%.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on BX shares. Piper Sandler cut their price objective on Blackstone from $168.00 to $158.00 and set a “neutral” rating on the stock in a research report on Monday, February 2nd. Argus reduced their price objective on shares of Blackstone from $195.00 to $163.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. BMO Capital Markets cut their target price on shares of Blackstone from $180.00 to $165.00 and set an “outperform” rating on the stock in a research note on Monday, February 2nd. UBS Group decreased their price target on shares of Blackstone from $171.00 to $137.00 and set a “neutral” rating for the company in a research note on Friday, February 20th. Finally, Evercore reduced their target price on Blackstone from $175.00 to $170.00 and set an “outperform” rating on the stock in a report on Friday, January 30th. Eleven analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, Blackstone presently has an average rating of “Moderate Buy” and a consensus target price of $169.38.
Check Out Our Latest Report on BX
Institutional Trading of Blackstone
Hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC grew its stake in shares of Blackstone by 34.6% in the fourth quarter. Brighton Jones LLC now owns 7,917 shares of the asset manager’s stock worth $1,365,000 after acquiring an additional 2,035 shares during the last quarter. Sivia Capital Partners LLC grew its position in Blackstone by 9.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,076 shares of the asset manager’s stock valued at $310,000 after purchasing an additional 177 shares during the last quarter. United Bank raised its holdings in Blackstone by 14.7% in the second quarter. United Bank now owns 13,528 shares of the asset manager’s stock worth $2,024,000 after buying an additional 1,729 shares during the last quarter. Ingalls & Snyder LLC grew its holdings in shares of Blackstone by 5.6% during the second quarter. Ingalls & Snyder LLC now owns 3,124 shares of the asset manager’s stock valued at $467,000 after buying an additional 165 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. increased its position in shares of Blackstone by 18.3% during the second quarter. Oppenheimer Asset Management Inc. now owns 71,081 shares of the asset manager’s stock valued at $10,632,000 after acquiring an additional 10,997 shares in the last quarter. 70.00% of the stock is owned by institutional investors.
More Blackstone News
Here are the key news stories impacting Blackstone this week:
- Positive Sentiment: Major shareholder Holdings IV GP Mana Blackstone bought 1,146,789 BX shares (~$30.0M), increasing its stake ~7.4% — a strong insider vote of confidence that can support the stock. Insider filing
- Positive Sentiment: RBC Capital initiated coverage with an “Outperform” and a $179 price target (large upside vs. current levels), which can attract buyers and institutional flows. RBC coverage
- Positive Sentiment: Seeking Alpha published a bullish Strong Buy piece highlighting BX’s AUM growth (~13% to $1.27T), fee‑related and distributable earnings growth — a narrative that supports long‑term upside. Seeking Alpha bullish
- Positive Sentiment: Blackstone recently raised its quarterly dividend to $1.49 (annualized ~$5.96, ~5.1% yield), which supports income-focused demand. (See consolidated company news and filings.) MarketBeat BX summary
- Positive Sentiment: Blackstone Life Sciences agreed to co‑fund clinical development of an AML therapy — incremental portfolio diversification and upside if assets progress. BXLS AML co-funding
- Neutral Sentiment: Analysts and commentators are actively reframing BX’s valuation assumptions (some raising, others trimming price targets) — this creates both re-rating potential and uncertainty depending on fee/macro outcomes. Analyst valuation reset
- Negative Sentiment: Short interest jumped ~23.8% month‑over‑month to ~13.0M shares as of Feb. 13, signaling increased bearish positioning (though short interest remains a small share of float), which can pressure the stock or increase volatility.
- Negative Sentiment: Wider headwinds — rising Treasury yields, sector fundraising and fee‑realization anxiety and recent analyst price‑target trims — continue to weigh on BX’s longer‑term valuation. Valuation/sector anxiety
Blackstone Company Profile
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.
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