Cox Capital Mgt LLC Buys New Position in Blackstone Inc. $BX

Cox Capital Mgt LLC purchased a new stake in Blackstone Inc. (NYSE:BX) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 8,132 shares of the asset manager’s stock, valued at approximately $1,262,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Baron Wealth Management LLC bought a new stake in shares of Blackstone during the fourth quarter valued at approximately $213,000. Eastern Bank lifted its position in Blackstone by 30.3% during the fourth quarter. Eastern Bank now owns 12,961 shares of the asset manager’s stock valued at $1,998,000 after buying an additional 3,015 shares during the period. Beech Hill Advisors Inc. boosted its holdings in shares of Blackstone by 3.4% during the 4th quarter. Beech Hill Advisors Inc. now owns 30,282 shares of the asset manager’s stock valued at $4,668,000 after buying an additional 1,007 shares in the last quarter. LVW Advisors LLC increased its stake in shares of Blackstone by 2.8% in the 4th quarter. LVW Advisors LLC now owns 4,296 shares of the asset manager’s stock worth $662,000 after acquiring an additional 117 shares in the last quarter. Finally, Mirador Capital Partners LP boosted its stake in Blackstone by 1.2% during the fourth quarter. Mirador Capital Partners LP now owns 109,046 shares of the asset manager’s stock worth $16,808,000 after acquiring an additional 1,283 shares in the last quarter. 70.00% of the stock is owned by hedge funds and other institutional investors.

Blackstone News Roundup

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone reported a strong Q1 intra-quarter realization update, which suggests favorable marks and realizations in its private assets so far this quarter — a sign that fee-related earnings and NAVs may be holding up. Blackstone Issues Strong Q1 Intra-Quarter Realization Update
• Positive Sentiment: Blackstone committed $250M to Advanced Digital Gaming Technology in the UAE — a direct deployment that demonstrates continued deal flow and regional conviction, which could support future fee income and growth. Blackstone invests $250 million in UAE despite war disruption
• Neutral Sentiment: UBS maintained a hold rating on BX, signaling analyst caution — the rating is not a downgrade but keeps expectations muted and reduces the likelihood of an immediate analyst-driven rerating. UBS Keeps Their Hold Rating on Blackstone Group (BX)
• Neutral Sentiment: Comparisons of BX vs. KKR highlight how private-credit market tightening is a sector-wide headwind; scale and insurance-backed strategies differ but both firms face pressure — this frames industry risk rather than a company-specific shock. BX vs. KKR: Which is a Smarter Bet as Private Credit Markets Tighten?
• Neutral Sentiment: Earnings previews and analyst write-ups are flagging potential volatility around upcoming results — these previews remind investors to watch fee-related disclosures and realization details that will move the stock. Blackstone’s quarterly earnings preview: What you need to know
• Neutral Sentiment: Market commentary asking whether BX is still a buy after recent weakness highlights that valuation and sentiment (YTD and 1Y declines) are factors keeping some investors on the sidelines. Is It Too Late To Consider Blackstone (BX) After Recent Share Price Weakness?
• Negative Sentiment: Barron’s flags stress in private-credit deals (example: Medallia’s LBO) and notes that legacy/private-credit exposures for firms like Blackstone could face mark/credit pressure — a meaningful downside risk if private-credit portfolios see widening losses or prolonged illiquidity. Software Firm Medallia Is a Problem for Private Credit. Blackstone, Thoma Bravo Have Exposure.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Blackstone in a research report on Wednesday, January 21st. The Goldman Sachs Group dropped their target price on Blackstone from $166.00 to $158.00 and set a “neutral” rating on the stock in a report on Friday, January 30th. JPMorgan Chase & Co. reduced their price target on Blackstone from $158.00 to $122.00 and set a “neutral” rating for the company in a report on Tuesday, March 3rd. Rothschild & Co Redburn dropped their price target on shares of Blackstone from $165.00 to $158.00 and set a “neutral” rating on the stock in a research note on Monday, February 2nd. Finally, Jefferies Financial Group reduced their price objective on shares of Blackstone from $185.00 to $161.00 and set a “buy” rating for the company in a research note on Tuesday, February 10th. Eleven equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $164.00.

Insider Buying and Selling at Blackstone

In other Blackstone news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the business’s 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, 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 stock was 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 owned 25,832 shares in the company, valued at $90,670.32. This trade represents a 99.66% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.00% of the company’s stock.

Blackstone Trading Down 1.4%

Blackstone stock opened at $108.08 on Friday. Blackstone Inc. has a one year low of $101.73 and a one year high of $190.09. The business’s fifty day moving average is $125.12 and its 200 day moving average is $146.17. The stock has a market capitalization of $80.21 billion, a PE ratio of 27.86, a price-to-earnings-growth ratio of 0.86 and a beta of 1.79. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.76 and a quick ratio of 0.76.

Blackstone (NYSE:BX) last posted its earnings results on Thursday, January 29th. The asset manager reported $1.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.54 by $0.21. Blackstone had a net margin of 20.89% and a return on equity of 22.17%. The business had revenue of $4.36 billion for the quarter, compared to analysts’ expectations of $3.69 billion. During the same quarter in the prior year, the business earned $1.69 EPS. The business’s revenue for the quarter was up 41.4% compared to the same quarter last year. On average, sell-side analysts predict that Blackstone Inc. will post 5.87 EPS for the current year.

Blackstone Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were given a $1.49 dividend. This is a boost from Blackstone’s previous quarterly dividend of $1.29. The ex-dividend date of this dividend was Monday, February 9th. This represents a $5.96 dividend on an annualized basis and a yield of 5.5%. Blackstone’s payout ratio is presently 153.61%.

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.