Blackstone Inc. $BX Stock Position Lifted by Banque Pictet & Cie SA

Banque Pictet & Cie SA grew its position in Blackstone Inc. (NYSE:BX) by 97.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 65,745 shares of the asset manager’s stock after buying an additional 32,435 shares during the period. Banque Pictet & Cie SA’s holdings in Blackstone were worth $10,134,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in BX. REAP Financial Group LLC acquired a new stake in shares of Blackstone during the third quarter worth $26,000. Redmont Wealth Advisors LLC bought a new stake in shares of Blackstone during the 3rd quarter valued at about $30,000. Strive Asset Management LLC acquired a new stake in Blackstone during the third quarter worth about $30,000. Kelleher Financial Advisors acquired a new position in Blackstone in the third quarter valued at approximately $34,000. Finally, Parvin Asset Management LLC bought a new position in shares of Blackstone during the second quarter valued at approximately $35,000. 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: 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

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on BX shares. Citizens Jmp restated a “market outperform” rating and set a $195.00 price objective on shares of Blackstone in a research report on Friday, January 30th. 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. HSBC lowered their price target on shares of Blackstone from $178.00 to $174.00 and set a “hold” rating for the company in a research report on Wednesday, January 28th. Citigroup reiterated a “market outperform” rating on shares of Blackstone in a research report on Friday, January 30th. 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 report on Wednesday, December 17th. Eleven research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, Blackstone presently has an average rating of “Moderate Buy” and a consensus target price of $164.00.

Blackstone Price Performance

Shares of BX opened at $114.40 on Thursday. Blackstone Inc. has a one year low of $101.73 and a one year high of $190.09. The stock’s fifty day moving average is $122.46 and its 200-day moving average is $144.75. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.76 and a current ratio of 0.76. The firm has a market capitalization of $84.90 billion, a price-to-earnings ratio of 29.48, a price-to-earnings-growth ratio of 0.91 and a beta of 1.79.

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

Blackstone Increases Dividend

The business also recently disclosed 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. 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 5.2%. The ex-dividend date was Monday, February 9th. Blackstone’s dividend payout ratio (DPR) is 153.61%.

Insiders Place Their Bets

In other news, major shareholder Holdings Iv Gp Mana Blackstone acquired 2,868,069 shares of the business’s stock in a transaction dated Friday, March 20th. The stock was acquired at an average price of $26.15 per share, for a total transaction of $75,000,004.35. Following the completion of the acquisition, the insider directly owned 18,628,295 shares in the company, valued at $487,129,914.25. This represents a 18.20% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of Blackstone stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $3.51, for a total value of $26,246,039.04. Following the transaction, the insider directly owned 25,832 shares in the company, valued at approximately $90,670.32. The trade was a 99.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.00% of the stock is currently owned by insiders.

Blackstone Company 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.