Farther Finance Advisors LLC Has $7.50 Million Holdings in Blackstone Inc. $BX

Farther Finance Advisors LLC raised its holdings in Blackstone Inc. (NYSE:BX) by 9.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 48,677 shares of the asset manager’s stock after buying an additional 4,280 shares during the quarter. Farther Finance Advisors LLC’s holdings in Blackstone were worth $7,503,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. REAP Financial Group LLC bought a new stake in shares of Blackstone during the third quarter valued at approximately $26,000. Redmont Wealth Advisors LLC acquired a new position in shares of Blackstone during the third quarter valued at about $30,000. Strive Asset Management LLC acquired a new position in shares of Blackstone during the third quarter valued at about $30,000. Family CFO Inc acquired a new position in shares of Blackstone during the fourth quarter valued at about $28,000. Finally, Richardson Financial Services Inc. purchased a new stake in Blackstone in the 4th quarter valued at $29,000. Institutional investors own 70.00% of the company’s stock.

More Blackstone News

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Analysts expect Blackstone to report an earnings beat next week — consensus previews point to strong fee-related revenue and realized gains that could lift EPS versus Street estimates. Blackstone Inc. (BX) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Positive Sentiment: Market reaction to other banks and asset managers beating Q1 estimates helped lift BX intraday — investors are treating Blackstone as a beneficiary of stronger-than-expected industry results. Why Blackstone (BX) Stock Is Trading Up Today
• Positive Sentiment: Oppenheimer upgraded BX to Outperform, citing attractive valuation after a pullback and resilient real-estate and operating performance — upgrades can trigger flows from funds and boost sentiment. Oppenheimer Upgrades Blackstone (NYSE:BX) to Outperform
• Positive Sentiment: BMO published a bullish price-appreciation forecast for BX, reinforcing buy-side momentum and supporting thesis that the recent selloff has left upside for long-term investors. BMO Capital Markets Forecasts Strong Price Appreciation for Blackstone (NYSE:BX) Stock
• Positive Sentiment: Barron’s highlights calm in private credit markets and cites that stability as a tailwind for alternative managers like Blackstone, reducing a key macro risk for BX’s fee and NAV generation. Private Credit Looks Calm. Why Blackstone and Ares Stocks Are Starting to Climb.
• Neutral Sentiment: Coverage of peers (TPG) shows the alternatives sector facing mixed dynamics — record fundraising and growth but occasional sharp drawdowns — suggesting sector-specific volatility that could cut both ways for BX. TPG Built a Record Year, Then Lost 40%—Is the Selloff Overdone? (BX)
• Negative Sentiment: Analysts and commentary note a recent steep share pullback (roughly 20% over recent periods) and lingering valuation/momentum concerns — this raises the risk of further downside if upcoming results or NAV updates disappoint. Assessing Blackstone (BX) Valuation After Oppenheimer Upgrade And Recent Share Price Pullback

Insider Buying and Selling

In related news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the 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 the SEC website. Also, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $3.51, for a total value of $26,246,039.04. Following the sale, the insider directly owned 25,832 shares in the company, valued at $90,670.32. This trade represents a 99.66% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities research analysts recently commented on BX shares. Oppenheimer raised Blackstone from a “market perform” rating to an “outperform” rating and set a $154.00 price target for the company in a research report on Monday. Citigroup reissued a “market outperform” rating on shares of Blackstone in a research report on Friday, January 30th. Rothschild & Co Redburn lowered their price target on Blackstone from $158.00 to $138.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. The Goldman Sachs Group reduced their price objective on Blackstone from $158.00 to $118.00 and set a “neutral” rating for the company in a research note on Monday, April 6th. Finally, Piper Sandler reduced their price objective on Blackstone from $158.00 to $122.00 and set a “neutral” rating for the company in a research note on Tuesday, April 7th. Eleven investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $155.55.

Blackstone Stock Down 1.6%

BX stock opened at $128.10 on Friday. 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 capitalization of $95.08 billion, a price-to-earnings ratio of 33.02, a PEG ratio of 1.35 and a beta of 1.74. Blackstone Inc. has a fifty-two week low of $101.73 and a fifty-two week high of $190.09. The stock has a fifty day moving average of $117.15 and a 200-day moving average of $140.12.

Blackstone (NYSE:BX) last posted its quarterly earnings results 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 the consensus estimate of $3.69 billion. Blackstone had a return on equity of 22.17% and a net margin of 20.89%.The firm’s quarterly revenue was up 41.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.69 EPS. As a group, equities research analysts predict that Blackstone Inc. will post 5.87 earnings per share for the current year.

Blackstone Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th were paid a dividend of $1.49 per share. This represents a $5.96 annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Monday, February 9th. This is a positive change from Blackstone’s previous quarterly dividend of $1.29. Blackstone’s dividend payout ratio is currently 153.61%.

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.