Ashton Thomas Private Wealth LLC Has $7.09 Million Position in Blackstone Inc. $BX

Ashton Thomas Private Wealth LLC lifted its stake in Blackstone Inc. (NYSE:BX) by 32.2% during the third quarter, HoldingsChannel reports. The fund owned 41,481 shares of the asset manager’s stock after purchasing an additional 10,104 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Blackstone were worth $7,087,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in BX. Traub Capital Management LLC bought a new position in shares of Blackstone during the 2nd quarter valued at $27,000. Parvin Asset Management LLC bought a new position in Blackstone during the second quarter valued at about $35,000. Rexford Capital Inc. acquired a new position in shares of Blackstone during the 2nd quarter valued at about $35,000. RMG Wealth Management LLC bought a new stake in Blackstone during the second quarter worth approximately $40,000. Finally, Greykasell Wealth Strategies Inc. bought a new position in shares of Blackstone in the third quarter valued at approximately $45,000. Institutional investors and hedge funds own 70.00% of the company’s stock.

More Blackstone News

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone reported strong Q4 results and Citizens maintained a market outperform rating — the quarter beat revenue and EPS estimates, supporting fee and performance-related revenue momentum. Blackstone (BX) reports strong Q4 earnings, Citizens maintains market outperform rating
• Positive Sentiment: Blackstone will pay a larger dividend than last year — a cash-return tailwind that supports the stock’s yield story and shareholder income thesis. Blackstone’s (NYSE:BX) Shareholders Will Receive A Bigger Dividend Than Last Year
• Positive Sentiment: CEO Jon Gray said 2026 could be a comeback year for IPOs — if public listings revive, Blackstone stands to benefit from capital markets activity, deal fees and realizations. Blackstone’s (BX) Jon Gray Says 2026 Will Be the Year IPOs Roar Back
• Neutral Sentiment: Reminders that BX will trade ex-dividend soon — relevant for dividend capture and short-term flows but routine. Four Days Left Until Blackstone Inc. (NYSE:BX) Trades Ex-Dividend
• Neutral Sentiment: Media roundups and analyst consensus pieces summarize mixed analyst views and model forecasts — useful context but not new catalysts on their own. Blackstone stock outlook: Is Wall Street bullish or bearish? Blackstone Inc. (BX) Stock Forecasts
• Negative Sentiment: Jon Gray also warned of “disruption risk” in private credit — a cautionary signal about asset-class stress that could pressure fundraising, valuations and fees. Blackstone’s Gray flags ‘disruption risk’ in private credit – report
• Negative Sentiment: Argus cut its price target to $163 (from $195) though it kept a buy rating — the lower target reduces upside expectations and may weigh on sentiment. Argus Research adjusts Blackstone price target to $163 from $195; maintains buy rating
• Negative Sentiment: Rothschild & Co Redburn published a pessimistic forecast for BX, and BMO lowered expectations — further analyst caution that could cap near-term upside. Rothschild & Co Redburn Issues Pessimistic Forecast for Blackstone (NYSE:BX) Stock Price BMO Capital Markets Has Lowered Expectations for Blackstone (NYSE:BX) Stock Price

Blackstone Stock Performance

NYSE BX opened at $134.55 on Thursday. The stock has a market cap of $99.36 billion, a P/E ratio of 34.68, a PEG ratio of 1.04 and a beta of 1.76. 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 Inc. has a twelve month low of $115.66 and a twelve month high of $190.09. The company’s 50-day simple moving average is $152.62 and its 200 day simple moving average is $160.13.

Blackstone (NYSE:BX) last released its quarterly earnings data 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 company had revenue of $4.36 billion for the quarter, compared to analyst estimates of $3.69 billion. Blackstone had a return on equity of 22.17% and a net margin of 20.89%.The company’s revenue was up 41.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.69 EPS. As a group, research analysts forecast that Blackstone Inc. will post 5.87 earnings per share for the current fiscal year.

Blackstone Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th will be issued a dividend of $1.49 per share. The ex-dividend date of this dividend is Monday, February 9th. This is a boost from Blackstone’s previous quarterly dividend of $1.29. This represents a $5.96 dividend on an annualized basis and a dividend yield of 4.4%. Blackstone’s dividend payout ratio (DPR) is 132.99%.

Insider Transactions at Blackstone

In other news, Director Ruth Porat bought 324 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The stock was acquired at an average price of $146.92 per share, for a total transaction of $47,602.08. Following the transaction, the director directly owned 39,077 shares of the company’s stock, valued at $5,741,192.84. This trade represents a 0.84% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the business’s stock in a transaction dated 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 completion of the transaction, the insider owned 2,161 shares in the company, valued at approximately $21,610. This trade represents a 99.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have bought 770,078 shares of company stock valued at $20,058,800. 1.00% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Piper Sandler dropped their target price on shares of Blackstone from $168.00 to $158.00 and set a “neutral” rating on the stock in a report on Monday. JPMorgan Chase & Co. cut their price objective on Blackstone from $176.00 to $158.00 and set a “neutral” rating for the company in a research report on Friday, January 30th. The Goldman Sachs Group dropped their price target on Blackstone from $166.00 to $158.00 and set a “neutral” rating on the stock in a research report on Friday, January 30th. Jefferies Financial Group reduced their price objective on Blackstone from $187.00 to $185.00 and set a “buy” rating for the company in a research report on Thursday, January 8th. Finally, Bank of America dropped their target price on shares of Blackstone from $199.00 to $189.00 in a research report on Wednesday, December 10th. Eleven research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Blackstone currently has a consensus rating of “Moderate Buy” and an average target price of $174.77.

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.