Banco Bilbao Vizcaya Argentaria S.A. Raises Stock Holdings in Blackstone Inc. $BX

Banco Bilbao Vizcaya Argentaria S.A. increased its stake in shares of Blackstone Inc. (NYSE:BX) by 230.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 97,082 shares of the asset manager’s stock after purchasing an additional 67,705 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Blackstone were worth $16,559,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Blackstone by 1.9% in the third quarter. Vanguard Group Inc. now owns 70,827,437 shares of the asset manager’s stock valued at $12,100,868,000 after buying an additional 1,335,060 shares during the last quarter. Norges Bank purchased a new stake in Blackstone in the 2nd quarter worth approximately $1,071,348,000. Legal & General Group Plc raised its holdings in Blackstone by 3.2% in the 3rd quarter. Legal & General Group Plc now owns 4,677,997 shares of the asset manager’s stock valued at $799,236,000 after acquiring an additional 145,056 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Blackstone by 0.9% during the second quarter. Charles Schwab Investment Management Inc. now owns 4,200,194 shares of the asset manager’s stock worth $628,265,000 after purchasing an additional 37,327 shares during the last quarter. Finally, Invesco Ltd. grew its position in shares of Blackstone by 11.3% in the third quarter. Invesco Ltd. now owns 4,107,665 shares of the asset manager’s stock valued at $701,795,000 after purchasing an additional 416,933 shares during the period. 70.00% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Blackstone

In other Blackstone news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the business’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $10.00, for a total transaction of $15,961,420.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder Holdings Iv Gp Mana Blackstone bought 1,146,789 shares of the stock in a transaction dated 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 purchase, 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 disclosure for this purchase is available in the SEC filing. Insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on BX shares. Jefferies Financial Group reduced their target price on Blackstone from $185.00 to $161.00 and set a “buy” rating on the stock in a research report on Tuesday, February 10th. Bank of America dropped their price objective on shares of Blackstone from $199.00 to $189.00 in a research note on Wednesday, December 10th. Evercore decreased their target price on shares of Blackstone from $175.00 to $170.00 and set an “outperform” rating on the stock in a research report on Friday, January 30th. Argus dropped their price target on shares of Blackstone from $195.00 to $163.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Finally, The Goldman Sachs Group decreased their price target on shares of Blackstone from $166.00 to $158.00 and set a “neutral” rating on the stock in a report on Friday, January 30th. Eleven investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Blackstone presently has a consensus rating of “Moderate Buy” and a consensus target price of $165.86.

Blackstone Stock Up 4.4%

BX opened at $106.62 on Monday. Blackstone Inc. has a 1 year low of $101.73 and a 1 year high of $190.09. The firm has a 50 day moving average price of $134.85 and a 200 day moving average price of $150.29. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.76 and a current ratio of 0.76. The company has a market cap of $79.13 billion, a PE ratio of 27.48, a price-to-earnings-growth ratio of 0.85 and a beta of 1.80.

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

Blackstone Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 9th were issued a $1.49 dividend. The ex-dividend date was Monday, February 9th. This represents a $5.96 annualized dividend and a yield of 5.6%. This is an increase from Blackstone’s previous quarterly dividend of $1.29. Blackstone’s payout ratio is currently 153.61%.

Key Stories Impacting Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Sector rebound lifts BX — Blackstone rose as private‑credit stocks broadly recovered, helping shares rebound after recent weakness in the group. Why Blackstone (BX) Stock Is Up Today
• Positive Sentiment: Record AUM supports fee growth — Blackstone’s assets under management hit about $1.27 trillion, boosting fee‑bearing capital and underpinning longer‑term earnings potential despite private‑credit headline risk. Will Blackstone’s Rising AUM Balance Aid Long-Term Earnings Growth?
• Positive Sentiment: Long‑term performance track record — Analysis showing strong 10‑year returns highlights BX’s compounding of fee and carry businesses, supporting investor confidence over multi‑year horizons. $100 Invested In Blackstone 10 Years Ago Would Be Worth This Much Today
• Neutral Sentiment: AI/portfolio strategy talks — Reports that Anthropic has discussed a joint venture to embed AI across PE portfolios could lower software spend and boost margins, but implications and timing are uncertain. Private equity is about to eat its own software portfolio
• Negative Sentiment: Earlier private‑credit scare pushed shares down — A prior drop was linked to investor concern about private‑credit stability after a major bank announcement, feeding volatility in BX and peers. Why Blackstone (BX) Stock Is Trading Lower Today
• Negative Sentiment: Recent 52‑week low highlights downside sensitivity — Coverage noting BX at a 52‑week low underscores how quickly sentiment can swing on private‑credit headlines and macro concerns. Blackstone Stock Falls To 52-Week Low: Here’s Why

Blackstone 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.