Blackstone Inc. $BX Shares Bought by Brookstone Capital Management

Brookstone Capital Management grew its holdings in Blackstone Inc. (NYSE:BX) by 50.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 37,838 shares of the asset manager’s stock after acquiring an additional 12,655 shares during the quarter. Brookstone Capital Management’s holdings in Blackstone were worth $5,832,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in BX. Redwood Financial Network Corp lifted its position in Blackstone by 1.8% during the 2nd quarter. Redwood Financial Network Corp now owns 3,588 shares of the asset manager’s stock worth $537,000 after acquiring an additional 65 shares during the period. Obermeyer Wealth Partners increased its holdings in shares of Blackstone by 2.3% in the third quarter. Obermeyer Wealth Partners now owns 2,993 shares of the asset manager’s stock valued at $511,000 after purchasing an additional 66 shares during the period. Klingman & Associates LLC lifted its holdings in shares of Blackstone by 0.4% during the third quarter. Klingman & Associates LLC now owns 15,116 shares of the asset manager’s stock worth $2,583,000 after purchasing an additional 67 shares during the period. Lazari Capital Management Inc. grew its position in Blackstone by 4.5% in the 3rd quarter. Lazari Capital Management Inc. now owns 1,578 shares of the asset manager’s stock valued at $270,000 after buying an additional 68 shares during the last quarter. Finally, MidWestOne Financial Group Inc. increased its stake in Blackstone by 0.8% in the 3rd quarter. MidWestOne Financial Group Inc. now owns 8,335 shares of the asset manager’s stock valued at $1,424,000 after buying an additional 70 shares during the period. Institutional investors and hedge funds own 70.00% of the company’s stock.

Blackstone Trading Down 0.5%

Shares of BX opened at $114.40 on Thursday. The firm’s 50-day moving average is $122.46 and its two-hundred day moving average is $144.75. Blackstone Inc. has a twelve month low of $101.73 and a twelve month high of $190.09. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $84.90 billion, a P/E ratio of 29.48, a PEG ratio of 0.91 and a beta of 1.79.

Blackstone (NYSE:BX) last announced 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 business 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 quarterly revenue was up 41.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.69 EPS. On average, research analysts predict that Blackstone Inc. will post 5.87 earnings per share for the current fiscal year.

Blackstone Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th were paid a dividend of $1.49 per share. 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 annualized dividend and a dividend yield of 5.2%. Blackstone’s dividend payout ratio is presently 153.61%.

Insider Activity at Blackstone

In other news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, major shareholder Holdings Iv Gp Mana Blackstone acquired 2,868,069 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The shares were bought at an average price of $26.15 per share, with a total value of $75,000,004.35. Following the completion of the transaction, the insider directly owned 18,628,295 shares in the company, valued at approximately $487,129,914.25. The trade was a 18.20% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 1.00% of the stock is owned by corporate insiders.

Key Headlines Impacting Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Record life‑sciences fund close — Blackstone announced the final close of a $6.3 billion life‑sciences fund, a fundraising win that strengthens fee revenue visibility and demonstrates investor demand for BX’s private capital products. Why Blackstone (BX) Stock Is Up Today
• Positive Sentiment: AUM and fundraising strength — Analysis highlights BX’s fundraising power driving AUM to about $1.3 trillion, which boosts fee‑based earnings stability and supports long‑term growth and valuation of management fees. Does Blackstone’s Fundraising Strength Anchor Its Growth Story?
• Positive Sentiment: Asset monetization — Blackstone sold the Fidere residential portfolio to Brookfield for roughly $1.4 billion, a disposition that realizes value and can improve liquidity or redeploy capital into higher‑return opportunities. Blackstone sells Fidere residential portfolio to Brookfield for $1.4 billion
• Positive Sentiment: Brand/PR initiative — Blackstone named golfer Tommy Fleetwood as global brand ambassador to raise visibility with private wealth clients; this is largely PR‑oriented but supports the firm’s retail/private wealth push over time. Blackstone Announces Tommy Fleetwood as Global Brand Ambassador
• Neutral Sentiment: Relative valuation piece — A comparison article (IX vs BX) weighs BX’s value vs Orix; useful for investors but not an immediate catalyst. IX vs. BX: Which Stock Is the Better Value Option?
• Neutral Sentiment: Valuation/coverage checks — Coverage notes a steep YTD share pullback and re‑examines BX’s valuation; helps frame risk/reward but is analysis rather than new corporate action. Blackstone (BX) Valuation Check
• Neutral Sentiment: General market profile — Company page/quote coverage providing market data and snapshots; background context for traders. Blackstone Inc. (CNN Markets)
• Negative Sentiment: Regulatory scrutiny — Lawmakers (House Financial Services Committee Democrats) are probing Blackstone, Ares and peers over private‑credit practices; heightened regulatory and political risk can pressure valuations, fundraising and deal activity. Lawmakers probe Blackstone, Ares and peers over private credit practices
• Negative Sentiment: Committee questions noted in market chatter — Follow‑on reports reiterate regulatory attention from House Democrats, sustaining uncertainty around private credit oversight. Market Chatter: Blackstone and Others Face Questions From House Financial Services Committee Democrats Over Private Credit
• Negative Sentiment: Analyst cut — BMO slashed its BX price target to $126 (from $165) while keeping an Outperform rating, signaling growing uncertainty about the alternative‑asset manager group and weighing on sentiment. BMO Capital Cuts Blackstone (BX)’s Price Target to $126

Analysts Set New Price Targets

Several analysts have recently weighed in on BX shares. BNP Paribas Exane lowered their target price on shares of Blackstone from $167.00 to $156.00 and set a “neutral” rating on the stock in a report on Monday, January 12th. TD Cowen reduced their price objective on shares of Blackstone from $183.00 to $164.00 and set a “buy” rating for the company in a research report on Thursday, February 12th. Rothschild & Co Redburn dropped their target price on Blackstone from $165.00 to $158.00 and set a “neutral” rating on the stock in a research report on Monday, February 2nd. Argus reduced their price target on Blackstone from $195.00 to $163.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Blackstone from $164.00 to $185.00 and gave the stock a “buy” rating in a report on Wednesday, December 17th. Eleven investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $164.00.

Blackstone Profile

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.