Rep. Julie Johnson Sells Off Shares of Blackstone Inc. (NYSE:BX)

Representative Julie Johnson (D-Texas) recently sold shares of Blackstone Inc. (NYSE:BX). In a filing disclosed on January 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in Blackstone stock on December 18th. The trade occurred in the Representative’s “CHASE BROKERAGE ACCOUNT (3935)” account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Texas Instruments (NASDAQ:TXN) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of General Dynamics (NYSE:GD) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Dover (NYSE:DOV) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Philip Morris International (NYSE:PM) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Bank of America (NYSE:BAC) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Republic Services (NYSE:RSG) on 12/18/2025.

Blackstone Stock Performance

NYSE BX opened at $163.67 on Monday. The business has a 50 day moving average price of $151.03 and a 200 day moving average price of $161.37. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.75 and a quick ratio of 0.75. The company has a market capitalization of $120.86 billion, a P/E ratio of 46.76, a PEG ratio of 1.15 and a beta of 1.75. Blackstone Inc. has a 1-year low of $115.66 and a 1-year high of $190.09.

Blackstone (NYSE:BX) last announced its quarterly earnings results on Thursday, October 23rd. The asset manager reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.23 by $0.29. The business had revenue of $3.09 billion during the quarter, compared to analysts’ expectations of $3.14 billion. Blackstone had a return on equity of 22.30% and a net margin of 20.56%.The business’s revenue for the quarter was down 15.7% on a year-over-year basis. During the same quarter last year, the business posted $1.02 earnings per share. Sell-side analysts expect that Blackstone Inc. will post 5.87 EPS for the current fiscal year.

Blackstone Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 10th. Investors of record on Monday, November 3rd were paid a $1.29 dividend. This represents a $5.16 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Monday, November 3rd. This is an increase from Blackstone’s previous quarterly dividend of $1.03. Blackstone’s dividend payout ratio (DPR) is 147.43%.

Insider Activity at Blackstone

In related news, major shareholder Holdings Iv Gp Mana Blackstone purchased 384,468 shares of the company’s stock in a transaction that occurred on Friday, December 19th. The stock was acquired at an average price of $26.01 per share, for a total transaction of $10,000,012.68. Following the completion of the purchase, the insider owned 16,525,117 shares in the company, valued at approximately $429,818,293.17. This represents a 2.38% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $10.00, for a total transaction of $15,961,420.00. Following the transaction, the insider owned 2,161 shares in the company, valued at $21,610. This trade represents a 99.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders acquired a total of 797,148 shares of company stock worth $24,050,153 over the last three months. 1.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have issued reports on BX shares. Deutsche Bank Aktiengesellschaft upped their price target on shares of Blackstone from $164.00 to $185.00 and gave the company a “buy” rating in a report on Wednesday, December 17th. Jefferies Financial Group lowered their target price on Blackstone from $187.00 to $185.00 and set a “buy” rating on the stock in a report on Thursday, January 8th. HSBC reduced their price objective on Blackstone from $179.00 to $178.00 in a research report on Monday, October 27th. Weiss Ratings reissued a “hold (c)” rating on shares of Blackstone in a research note on Wednesday, October 8th. Finally, Bank of America lowered their price target on Blackstone from $199.00 to $189.00 in a report on Wednesday, December 10th. Ten equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $177.25.

Institutional Investors Weigh In On Blackstone

A number of large investors have recently modified their holdings of BX. Brighton Jones LLC lifted its position in shares of Blackstone by 34.6% during the fourth quarter. Brighton Jones LLC now owns 7,917 shares of the asset manager’s stock worth $1,365,000 after purchasing an additional 2,035 shares in the last quarter. Fiduciary Alliance LLC acquired a new position in Blackstone in the 2nd quarter worth $234,000. Fragasso Financial Advisors Inc grew its stake in shares of Blackstone by 27.3% during the second quarter. Fragasso Financial Advisors Inc now owns 4,955 shares of the asset manager’s stock valued at $741,000 after acquiring an additional 1,063 shares in the last quarter. Breakwater Capital Group lifted its stake in shares of Blackstone by 5.0% in the second quarter. Breakwater Capital Group now owns 1,613 shares of the asset manager’s stock worth $241,000 after acquiring an additional 77 shares in the last quarter. Finally, StrongBox Wealth LLC grew its stake in Blackstone by 7.0% during the 2nd quarter. StrongBox Wealth LLC now owns 21,447 shares of the asset manager’s stock valued at $3,208,000 after purchasing an additional 1,410 shares in the last quarter. Institutional investors and hedge funds own 70.00% of the company’s stock.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

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.