Key Points
- Holdings IV GP Mana Blackstone purchased 1,146,789 shares of BX (~$30.0M at an average $26.16), increasing its direct stake to 16,716,249 shares — a 7.37% rise that signals insider conviction.
- Blackstone beat Q4 expectations, reporting $1.75 EPS versus $1.54 est. and $4.36B in revenue (vs. $3.69B), with revenue up 41.4% year‑over‑year.
- The company raised its quarterly dividend to $1.49 (annualized $5.96, yield 5.1%), while analysts trimmed some price targets but maintain a consensus rating of "Moderate Buy" with a $169.38 target.
Blackstone Inc. (NYSE:BX - Get Free Report) major shareholder Holdings Iv Gp Mana Blackstone acquired 1,146,789 shares of the company's stock in a transaction on Monday, February 23rd. The stock was acquired at an average cost of $26.16 per share, with a total value of $30,000,000.24. Following the completion of the purchase, the insider directly owned 16,716,249 shares in the company, valued at approximately $437,297,073.84. This represents a 7.37% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Large shareholders that own 10% or more of a company's shares are required to disclose their sales and purchases with the SEC.
Holdings Iv Gp Mana Blackstone also recently made the following trade(s):
- On Friday, December 19th, Holdings Iv Gp Mana Blackstone purchased 384,468 shares of Blackstone stock. The stock was acquired at an average cost of $26.01 per share, with a total value of $10,000,012.68.
Blackstone Trading Up 2.3%
Shares of BX stock opened at $116.27 on Wednesday. The company has a market cap of $85.86 billion, a PE ratio of 29.97, a price-to-earnings-growth ratio of 0.88 and a beta of 1.76. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.76 and a quick ratio of 0.75. The stock's 50 day simple moving average is $146.12 and its two-hundred day simple moving average is $155.66. Blackstone Inc. has a 1 year low of $111.04 and a 1 year high of $190.09.
Blackstone (NYSE:BX - Get Free Report) last released its earnings results on Thursday, January 29th. The asset manager reported $1.75 earnings per share for the quarter, beating 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 company's revenue for the quarter was up 41.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.69 EPS. 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. Investors of record on Monday, February 9th were paid a dividend of $1.49 per share. The ex-dividend date of this dividend was Monday, February 9th. This represents a $5.96 dividend on an annualized basis and a dividend yield of 5.1%. This is a boost from Blackstone's previous quarterly dividend of $1.29. Blackstone's dividend payout ratio is presently 153.61%.
Analyst Ratings Changes
A number of research firms have recently commented on BX. TD Cowen cut their target price on Blackstone from $183.00 to $164.00 and set a "buy" rating on the stock in a research note on Thursday, February 12th. Piper Sandler cut their price objective on Blackstone from $168.00 to $158.00 and set a "neutral" rating on the stock in a research report on Monday, February 2nd. JPMorgan Chase & Co. lowered their target price on shares of Blackstone from $176.00 to $158.00 and set a "neutral" rating for the company in a research note on Friday, January 30th. BMO Capital Markets reduced their price target on shares of Blackstone from $180.00 to $165.00 and set an "outperform" rating on the stock in a research note on Monday, February 2nd. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of Blackstone from $164.00 to $185.00 and gave the stock a "buy" rating in a research note on Wednesday, December 17th. Eleven research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $169.38.
Get Our Latest Stock Report on Blackstone
Institutional Investors Weigh In On Blackstone
Large investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in shares of Blackstone by 2.2% during the 2nd quarter. Vanguard Group Inc. now owns 69,492,377 shares of the asset manager's stock valued at $10,394,670,000 after purchasing an additional 1,494,796 shares during the last quarter. Redmond Asset Management LLC increased its position in Blackstone by 21.2% during the 2nd quarter. Redmond Asset Management LLC now owns 18,785 shares of the asset manager's stock valued at $2,810,000 after buying an additional 3,281 shares in the last quarter. Whittier Trust Co. boosted its holdings in Blackstone by 2.1% in the third quarter. Whittier Trust Co. now owns 346,318 shares of the asset manager's stock worth $58,337,000 after acquiring an additional 7,053 shares in the last quarter. Exchange Traded Concepts LLC increased its holdings in shares of Blackstone by 733.2% during the third quarter. Exchange Traded Concepts LLC now owns 13,715 shares of the asset manager's stock valued at $2,343,000 after acquiring an additional 12,069 shares in the last quarter. Finally, Longfellow Investment Management Co. LLC raised its position in shares of Blackstone by 259.8% in the 2nd quarter. Longfellow Investment Management Co. LLC now owns 22,160 shares of the asset manager's stock valued at $3,315,000 after purchasing an additional 16,001 shares during the last quarter. Institutional investors own 70.00% of the company's stock.
Trending Headlines about Blackstone
Here are the key news stories impacting Blackstone this week:
- Positive Sentiment: Major shareholder Holdings IV GP Mana Blackstone bought 1,146,789 BX shares (~$30.0M) and raised its position ~7.4% to 16.7M shares, signaling insider conviction that can support sentiment. Insider filing
- Positive Sentiment: RBC Capital initiated coverage with an "Outperform" rating — fresh institutional coverage and a positive call can attract buyer interest and help re-rate the stock. RBC coverage
- Positive Sentiment: Blackstone Life Sciences agreed to co‑fund clinical development of an AML therapy (bleximenib). This expands BX’s venture/biotech exposure and could generate upside if portfolio assets advance or are realized. BXLS AML co-funding
- Neutral Sentiment: Coverage and commentaries are reframing the BX narrative as analysts reset valuation assumptions — helpful context for investors but mixed in directional impact depending on fee/fundraising outlook. Analyst valuation reset
- Neutral Sentiment: Several bullish theses and opinion pieces lay out long‑term upside (fee mix, realizations, growth areas). They provide constructive scenarios but are speculative and hinge on execution. Bull case (MSN) Bull case (Yahoo)
- Negative Sentiment: Broader negative pressure: recent analysis highlights sharp share-price declines, rising Treasury yields, sector anxiety about fundraising and fee realization — factors that have driven much of BX’s pullback and could continue to weigh on the stock. Valuation/sector anxiety
About Blackstone
(
Get Free Report)
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.
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