B&D White Capital Company LLC Takes $701,000 Position in Blackstone Inc. $BX

B&D White Capital Company LLC bought a new stake in shares of Blackstone Inc. (NYSE:BX) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 6,100 shares of the asset manager’s stock, valued at approximately $701,000.

Several other institutional investors and hedge funds also recently bought and sold shares of BX. Strive Asset Management LLC purchased a new stake in shares of Blackstone in the third quarter valued at $30,000. Family CFO Inc bought a new position in Blackstone during the 4th quarter valued at about $28,000. Ares Financial Consulting LLC bought a new stake in Blackstone in the fourth quarter worth about $28,000. Richardson Financial Services Inc. purchased a new position in shares of Blackstone during the fourth quarter valued at approximately $29,000. Finally, Kelleher Financial Advisors purchased a new stake in shares of Blackstone in the third quarter worth approximately $34,000. 70.00% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Blackstone news, Director Ruth Porat acquired 355 shares of Blackstone stock in a transaction that occurred on Monday, May 11th. The stock was bought at an average price of $123.04 per share, with a total value of $43,679.20. Following the completion of the purchase, the director directly owned 41,818 shares of the company’s stock, valued at approximately $5,145,286.72. This represents a 0.86% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Treasury Holdings I. Blackstone bought 9,486,795 shares of the company’s stock in a transaction on Friday, May 15th. The shares were bought at an average cost of $20.00 per share, for a total transaction of $189,735,900.00. Following the transaction, the insider directly owned 9,111,800 shares in the company, valued at approximately $182,236,000. This represents a -2,529.85% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 10,252,345 shares of company stock valued at $209,789,893 over the last ninety days. Company insiders own 1.00% of the company’s stock.

Key Stories Impacting Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone, Wellington Management, and Vanguard launched two new investment solutions that simplify access to public and private markets, potentially broadening distribution and supporting future fee growth. Article Title
• Positive Sentiment: Blackstone also expanded its strategic push into India infrastructure and AI services, highlighting new growth avenues beyond its core asset-management business. Article Title
• Neutral Sentiment: Investors are waiting for Blackstone’s earnings release, which is expected to provide fresh guidance on fundraising, realizations, and performance across private equity, credit, and real estate. Article Title
• Neutral Sentiment: Keefe, Bruyette & Woods upgraded Blackstone to hold, suggesting a more balanced near-term view rather than a strongly bullish catalyst. Article Title
• Negative Sentiment: Some coverage suggests Blackstone’s private-market products are launching after an exodus from similar private credit funds earlier this year, which may keep investor sentiment cautious around new offerings. Article Title

Blackstone Stock Performance

BX stock opened at $122.85 on Thursday. Blackstone Inc. has a 1-year low of $101.73 and a 1-year high of $190.09. The business has a 50-day moving average price of $120.06 and a 200 day moving average price of $125.05. The company has a market capitalization of $91.26 billion, a P/E ratio of 31.42, a PEG ratio of 1.35 and a beta of 1.58. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.76 and a quick ratio of 0.76.

Blackstone (NYSE:BX) last posted its earnings results on Thursday, April 23rd. The asset manager reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.34 by $0.02. Blackstone had a net margin of 20.67% and a return on equity of 22.86%. The business had revenue of $3.43 billion for the quarter, compared to the consensus estimate of $3.45 billion. During the same quarter last year, the firm posted $1.11 EPS. The company’s revenue for the quarter was up 10.0% on a year-over-year basis. As a group, equities research analysts forecast that Blackstone Inc. will post 5.85 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on BX shares. Royal Bank Of Canada dropped their price objective on Blackstone from $173.00 to $161.00 and set an “outperform” rating for the company in a report on Monday, July 13th. Oppenheimer lowered their target price on shares of Blackstone from $156.00 to $139.00 and set an “outperform” rating for the company in a research note on Friday, July 17th. TD Cowen reduced their price target on shares of Blackstone from $140.00 to $133.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Jefferies Financial Group boosted their price objective on shares of Blackstone from $143.00 to $152.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Blackstone in a research report on Monday, June 8th. They set a “buy” rating on the stock. Thirteen equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $145.71.

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.