Bellwether Advisors LLC Buys 6,386 Shares of Blackstone Inc. $BX

Bellwether Advisors LLC raised its stake in shares of Blackstone Inc. (NYSE:BX) by 561.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,523 shares of the asset manager’s stock after buying an additional 6,386 shares during the quarter. Bellwether Advisors LLC’s holdings in Blackstone were worth $1,285,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank bought a new stake in Blackstone during the 2nd quarter valued at about $1,071,348,000. Vanguard Group Inc. increased its position 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 valued at $10,394,670,000 after acquiring an additional 1,494,796 shares in the last quarter. Close Asset Management Ltd lifted its position in Blackstone by 16,035.1% in the 3rd quarter. Close Asset Management Ltd now owns 1,140,264 shares of the asset manager’s stock valued at $194,746,000 after acquiring an additional 1,133,197 shares in the last quarter. Lazard Asset Management LLC increased its holdings in shares of Blackstone by 31.9% in the 2nd quarter. Lazard Asset Management LLC now owns 3,803,344 shares of the asset manager’s stock worth $568,902,000 after purchasing an additional 919,773 shares in the last quarter. Finally, Canada Pension Plan Investment Board lifted its holdings in shares of Blackstone by 115.4% during the second quarter. Canada Pension Plan Investment Board now owns 1,088,786 shares of the asset manager’s stock valued at $162,861,000 after purchasing an additional 583,384 shares in the last quarter. 70.00% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Blackstone

In other news, major shareholder Holdings Iv Gp Mana Blackstone bought 1,146,789 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The stock was bought at an average price of $26.16 per share, with a total value of $30,000,000.24. Following the acquisition, the insider owned 16,716,249 shares of the company’s stock, valued at approximately $437,297,073.84. This represents a 7.37% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the business’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $10.00, for a total value of $15,961,420.00. Following the completion of the transaction, the insider owned 2,161 shares in the company, valued at $21,610. The trade was a 99.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.00% of the company’s stock.

Blackstone Price Performance

Shares of Blackstone stock opened at $110.77 on Wednesday. The stock’s fifty day moving average is $142.24 and its 200 day moving average is $153.60. Blackstone Inc. has a one year low of $105.09 and a one year high of $190.09. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.75 and a current ratio of 0.76. The stock has a market cap of $82.21 billion, a P/E ratio of 28.55, a P/E/G ratio of 0.99 and a beta of 1.79.

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

Blackstone Increases Dividend

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

Trending Headlines about Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Potential deal activity: Blackstone is reported to be among suitors exploring a bid for UK aerospace supplier Senior Plc — deal activity could support fee revenues and deployment of dry powder. Blackstone among suitors eyeing bid for UK’s aerospace supplier Senior, Bloomberg News reports
• Positive Sentiment: Contrarian analyst view: A Seeking Alpha piece upgraded Blackstone to “Strong Buy,” arguing recent price weakness is sentiment‑driven and fundamentals (AUM, fee growth, dry powder) remain strong. Blackstone: Don’t Let Sentiment Obscure The Fundamentals (Rating Upgrade)
• Positive Sentiment: Insider activity context: coverage notes insiders (and activist figures elsewhere) buying selectively amid volatility — can be read as a vote of confidence by some investors. Carl Icahn and Other Insiders Are Doubling Down Amid Market Volatilities
• Neutral Sentiment: Management defense: President Jon Gray publicly defended the credit quality of loans in the flagship private‑credit fund, calling some of the market reaction “noise” — this may calm some investors but hasn’t stopped outflows. Blackstone’s Gray: Market ‘noise’ fueled record redemptions from world’s largest private credit fund
• Neutral Sentiment: Liquidity actions: Reports indicate Blackstone has been paying out investors and managing redemptions (higher payouts/requests) — operationally relevant but not an immediate credit impairment signal. Blackstone hikes investor payouts from $82B private credit fund
• Negative Sentiment: Record outflows from flagship private‑credit fund (BCRED): Multiple reports say redemptions surged — gross withdrawal reports around $3.8bn with net outflows ~ $1.7bn for the quarter — raising concerns about private‑credit liquidity and fee/earnings pressure. Blackstone Played Down Private-Credit Risks. Now It’s Been Hit.
• Negative Sentiment: Analyst pressure: JPMorgan cut its BX target to $122 (neutral rating) and Barclays trimmed its target to $126 (equal‑weight), following the redemption headlines — analyst downgrades increase selling pressure. JPMorgan adjusts price target on Blackstone to 122 from 158, maintains neutral rating
• Negative Sentiment: Large shareholder sell‑down: Filing shows Tactical Opportunity Blackstone sold ~1.6M shares (SEC filing), a visible liquidity event that can be interpreted negatively by the market. SEC ownership filing

Analyst Upgrades and Downgrades

BX has been the subject of several research analyst reports. UBS Group reduced their price objective on Blackstone from $171.00 to $137.00 and set a “neutral” rating for the company in a report on Friday, February 20th. Argus lowered 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. 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 target price for the company. Evercore cut their price objective on Blackstone from $175.00 to $170.00 and set an “outperform” rating for the company in a report on Friday, January 30th. Finally, Rothschild & Co Redburn lowered their target price on Blackstone from $165.00 to $158.00 and set a “neutral” rating on the stock in a report on Monday, February 2nd. Eleven equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $165.86.

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.