Tactical Opportunit Blackstone Sells 1,596,142 Shares of Blackstone (NYSE:BX) Stock

Blackstone Inc. (NYSE:BX) major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of Blackstone stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $10.00, for a total value of $15,961,420.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Tactical Opportunit Blackstone also recently made the following trade(s):

• On Thursday, December 4th, Tactical Opportunit Blackstone sold 1,596,142 shares of Blackstone stock. The stock was sold at an average price of $10.00, for a total transaction of $15,961,420.00.

Blackstone Stock Performance

Shares of BX stock opened at $114.07 on Thursday. The firm has a market cap of $84.66 billion, a PE ratio of 29.40, a P/E/G ratio of 0.95 and a beta of 1.79. Blackstone Inc. has a 12 month low of $105.09 and a 12 month high of $190.09. The company’s fifty day simple moving average is $141.39 and its 200-day simple moving average is $153.33. The company has a quick ratio of 0.75, a current ratio of 0.76 and a debt-to-equity ratio of 0.61.

Blackstone (NYSE:BX) last issued its quarterly earnings results 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 analysts’ expectations of $3.69 billion. Blackstone had a net margin of 20.89% and a return on equity of 22.17%. The company’s revenue for the quarter was up 41.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.69 EPS. Equities research analysts expect that Blackstone Inc. will post 5.87 EPS for the current fiscal year.

Blackstone Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were paid a $1.49 dividend. This is a positive change from Blackstone’s previous quarterly dividend of $1.29. This represents a $5.96 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date was Monday, February 9th. Blackstone’s dividend payout ratio is 153.61%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on BX shares. Barclays decreased their target price on shares of Blackstone from $164.00 to $126.00 and set an “equal weight” rating for the company in a research note on Monday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Blackstone in a report on Wednesday, January 21st. Royal Bank Of Canada started coverage on Blackstone in a report on Monday, February 23rd. They set an “outperform” rating and a $179.00 price target for the company. HSBC dropped their price objective on Blackstone from $178.00 to $174.00 and set a “hold” rating on the stock in a research note on Wednesday, January 28th. Finally, BNP Paribas Exane decreased their target price on Blackstone from $167.00 to $156.00 and set a “neutral” rating on the stock in a report on Monday, January 12th. Eleven analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $165.86.

Blackstone News Summary

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Deal pipeline/strategic deployment: Blackstone is reported among suitors exploring a takeover of UK aerospace supplier Senior Plc, which would be a deployment opportunity for dry powder and future fee income. Blackstone among suitors eyeing bid for UK’s aerospace supplier Senior
• Positive Sentiment: Contrarian analyst view: A Seeking Alpha piece upgraded BX to “Strong Buy,” arguing recent share weakness is sentiment‑driven while fundamentals (AUM, fee growth, dry powder) remain solid — a narrative some investors use to buy the dip. Blackstone: Don’t Let Sentiment Obscure The Fundamentals (Rating Upgrade)
• Neutral Sentiment: BDC capital-management move: Blackstone’s largest affiliated BDC raised its share repurchase limit to 7% as some investors exit — a capital-allocation step that can support NAV but also signals shareholder churn. Largest Blackstone BDC hikes share repurchase limit to 7% as investors cash out
• Neutral Sentiment: Management response: President Jon Gray publicly defended the loan quality in Blackstone’s flagship private‑credit fund, calling recent market reaction “noise” — may steady sentiment but hasn’t stopped withdrawals. Blackstone’s Gray: Market ‘noise’ fueled record redemptions from world’s largest private credit fund
• Negative Sentiment: Private‑credit stress: Blackstone’s $82B flagship private‑credit fund saw record gross redemption requests (~$3.8B) and net outflows (~$1.7B), forcing higher investor payouts and raising concerns about liquidity, fees and near‑term earnings. Blackstone hit by surge in withdrawals from flagship private credit fund
• Negative Sentiment: Stalled Hong Kong talks: Reports say discussions with New World Development over a potential investment have stalled over control issues — removes a near‑term deployment story and adds headline risk in Asia. Market Chatter: Blackstone’s Talks With New World Development Stalled Over Control
• Negative Sentiment: Analyst pressure: JPMorgan cut BX’s price target to $122 (neutral), joining other firms that trimmed targets after the redemption headlines — analyst downgrades increase selling pressure. JPMorgan adjusts price target on Blackstone to 122 from 158, maintains neutral rating
• Negative Sentiment: Visible insider/major-holder sell: Filing shows Tactical Opportunity Blackstone sold ~1.6M BX shares, a public sell‑down that can be read negatively by the market. SEC ownership filing

Institutional Investors Weigh In On Blackstone

A number of hedge funds and other institutional investors have recently modified their holdings of BX. REAP Financial Group LLC bought a new position in Blackstone during the third quarter worth about $26,000. Traub Capital Management LLC acquired a new position in shares of Blackstone during the 2nd quarter worth approximately $27,000. Family CFO Inc acquired a new stake in shares of Blackstone in the fourth quarter valued at approximately $28,000. Ares Financial Consulting LLC bought a new stake in shares of Blackstone in the fourth quarter valued at approximately $28,000. Finally, Richardson Financial Services Inc. bought a new position in Blackstone during the 4th quarter worth $29,000. Institutional investors and hedge funds own 70.00% of the company’s stock.

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.