Arizona State Retirement System Sells 6,690 Shares of Blackstone Inc. $BX

Arizona State Retirement System lessened its holdings in Blackstone Inc. (NYSE:BX) by 3.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 206,393 shares of the asset manager’s stock after selling 6,690 shares during the quarter. Arizona State Retirement System’s holdings in Blackstone were worth $31,813,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of BX. Jain Global LLC bought a new position in Blackstone in the 3rd quarter valued at approximately $9,116,000. Fayez Sarofim & Co lifted its stake in Blackstone by 1.9% in the 3rd quarter. Fayez Sarofim & Co now owns 1,270,608 shares of the asset manager’s stock valued at $217,083,000 after purchasing an additional 24,237 shares during the last quarter. Natixis Advisors LLC lifted its stake in Blackstone by 20.4% in the 3rd quarter. Natixis Advisors LLC now owns 840,401 shares of the asset manager’s stock valued at $143,582,000 after purchasing an additional 142,479 shares during the last quarter. Close Asset Management Ltd lifted its stake 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 purchasing an additional 1,133,197 shares during the last quarter. Finally, Whittier Trust Co. lifted its stake in Blackstone by 2.1% in the 3rd quarter. Whittier Trust Co. now owns 346,318 shares of the asset manager’s stock valued at $58,337,000 after purchasing an additional 7,053 shares during the last quarter. Institutional investors own 70.00% of the company’s stock.

Blackstone Stock Down 5.7%

Blackstone stock opened at $122.34 on Friday. Blackstone Inc. has a twelve month low of $101.73 and a twelve month high of $190.09. The firm has a 50 day moving average price of $116.77 and a 200-day moving average price of $138.66. The company has a market capitalization of $90.79 billion, a P/E ratio of 31.53, a P/E/G ratio of 1.35 and a beta of 1.74. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.61.

Blackstone (NYSE:BX) last released its earnings results on Thursday, April 23rd. The asset manager reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.34 by $0.02. Blackstone had a net margin of 20.89% and a return on equity of 22.17%. The firm had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.45 billion. During the same period in the prior year, the firm earned $1.11 EPS. The company’s revenue was up 10.0% compared to the same quarter last year. As a group, equities analysts predict that Blackstone Inc. will post 6.12 EPS for the current year.

Blackstone Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Stockholders of record on Monday, May 4th will be given a dividend of $1.16 per share. This represents a $4.64 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Monday, May 4th. Blackstone’s dividend payout ratio is currently 153.61%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on BX shares. Royal Bank Of Canada dropped their price objective on shares of Blackstone from $179.00 to $176.00 and set an “outperform” rating for the company in a report on Monday. Piper Sandler dropped their price objective on shares of Blackstone from $158.00 to $122.00 and set a “neutral” rating for the company in a report on Tuesday, April 7th. Barclays dropped their price objective on shares of Blackstone from $126.00 to $124.00 and set an “equal weight” rating for the company in a report on Wednesday, April 8th. Rothschild & Co Redburn lowered their price objective on Blackstone from $158.00 to $138.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Finally, BMO Capital Markets lifted their price target on shares of Blackstone from $126.00 to $132.00 and gave the company an “outperform” rating in a research note on Monday, April 13th. Eleven research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $153.77.

Insider Activity

In other news, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $3.51, for a total transaction of $26,246,039.04. Following the completion of the transaction, the insider directly owned 25,832 shares of the company’s stock, valued at $90,670.32. This represents a 99.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 disclosure for this sale is available in the SEC filing. Insiders own 1.00% of the company’s stock.

More Blackstone News

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Record AUM, fee‑earning AUM growth and revenue outperformance — Blackstone reported fee‑earning AUM near $938B and total AUM around $1.3T, and revenue topped estimates, supporting the firm’s growth story and fee revenue durability. BX’s Q1 Earnings Top as AUM Hits Record High Despite Tough Environment
• Positive Sentiment: Distributable earnings and segment strengths — Management highlighted gains in Infrastructure and Tactical Opportunities and reported higher distributable earnings, indicating operating momentum across key strategies. Blackstone Q1 earnings beat, bolstered by Infrastructure, Tactical Opportunities returns
• Positive Sentiment: Portfolio project progress — A Blackstone‑backed energy project (Kindle Energy/Wolf Summit) broke ground, demonstrating portfolio deployment and Energy Transition activity that can realize long‑term value. Kindle Energy Breaks Ground on Blackstone-Backed $1.2 Billion Natural Gas Power Generation Facility in West Virginia
• Neutral Sentiment: Quarterly call and transcript provide details for investors — The earnings call transcript contains management commentary on fundraising, realizations and outlook that will guide near‑term sentiment but did not materially change fundamental guidance. Blackstone Inc. (BX) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Blackstone‑exposed ETFs and market positioning — Some ETFs that track Blackstone exposure showed strong YTD performance after Q1, which can amplify flows into/away from BX indirectly. Blackstone-exposed ETFs ranked by YTD performance after strong Q1 results
• Negative Sentiment: Slight EPS miss and weaker GAAP profit — BX reported EPS of $1.36 (vs. consensus ~$1.38) and GAAP profit metrics that underwhelmed some investors as GAAP expenses rose, creating headline risk despite revenue beats. Blackstone Inc. (BX) Q1 Earnings and Revenues Beat Estimates
• Negative Sentiment: Private‑credit markdowns and portfolio write‑downs — Reports that a Blackstone private‑credit fund reduced the valuation of ACI Group holdings highlight ongoing mark‑to‑market risk in credit portfolios and raise concerns about downside in that strategy. Blackstone’s private credit fund slashes value of ACI Group Holdings
• Negative Sentiment: Analyst reactions and price‑target cuts — Several broker notes and at least one price‑target reduction appeared after results, and some firms issued more cautious outlooks, which can pressure sentiment and amplify selling. Morgan Stanley Lowers Blackstone (NYSE:BX) Price Target to $184.00

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.