Beacon Harbor Wealth Advisors Inc. Buys New Shares in Blackstone Inc. $BX

Key Points

• Beacon Harbor Wealth Advisors bought a new stake in Blackstone in Q4, acquiring 24,751 shares valued at about $3.815 million.
• Blackstone is accelerating into AI/data‑center infrastructure — reportedly considering a $2 billion IPO vehicle to buy data centers and taking a minority stake in Rowan Digital Infrastructure — and has launched an aircraft‑leasing program with Dubai Aerospace Enterprise targeting roughly $1.6 billion of annual deployment.
• Blackstone recently beat quarterly EPS estimates ($1.75 vs. $1.54) and raised its quarterly dividend to $1.49 (≈5.2% yield), but analyst price targets have been trimmed and short interest jumped ~44.9% to about 21.5 million shares, leaving a consensus "Hold" rating.

Beacon Harbor Wealth Advisors Inc. bought a new stake in Blackstone Inc. (NYSE:BX - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 24,751 shares of the asset manager's stock, valued at approximately $3,815,000.

A number of other hedge funds have also added to or reduced their stakes in BX. Vanguard Group Inc. grew its position in shares of Blackstone by 1.9% in the 3rd quarter. Vanguard Group Inc. now owns 70,827,437 shares of the asset manager's stock valued at $12,100,868,000 after acquiring an additional 1,335,060 shares during the period. Close Asset Management Ltd grew its position in shares of Blackstone by 16,035.1% in the 3rd quarter. Close Asset Management Ltd now owns 1,140,264 shares of the asset manager's stock valued at $194,746,000 after acquiring an additional 1,133,197 shares during the period. Lazard Asset Management LLC grew its position in shares of Blackstone by 31.9% in the 2nd quarter. Lazard Asset Management LLC now owns 3,803,344 shares of the asset manager's stock valued at $568,902,000 after acquiring an additional 919,773 shares during the period. Canada Pension Plan Investment Board grew its position in shares of Blackstone by 115.4% in the 2nd quarter. Canada Pension Plan Investment Board now owns 1,088,786 shares of the asset manager's stock valued at $162,861,000 after acquiring an additional 583,384 shares during the period. Finally, Invesco Ltd. grew its position in shares of Blackstone by 11.3% in the 3rd quarter. Invesco Ltd. now owns 4,107,665 shares of the asset manager's stock valued at $701,795,000 after acquiring an additional 416,933 shares during the period. Institutional investors own 70.00% of the company's stock.

More Blackstone News

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone is accelerating into AI/data‑center infrastructure, reportedly considering a $2bn IPO vehicle to buy data centers — a strategic push that supports long‑term growth in infrastructure assets. Article Title
• Positive Sentiment: Blackstone acquired a significant minority stake in Rowan Digital Infrastructure (hyperscale, sustainable data centers), providing immediate exposure to hyperscale demand and capacity expansion. Article Title
• Positive Sentiment: Blackstone Credit partnered with Dubai Aerospace Enterprise to launch an aircraft‑leasing programme targeting ~$1.6bn of annual deployment, diversifying fee streams and deploying capital into an income‑oriented asset class. Article Title
• Neutral Sentiment: Analysts’ ratings are mixed but broadly cautious: the street consensus sits at “Hold,” reflecting balanced views on valuation vs. growth prospects. Article Title
• Neutral Sentiment: Some research notes highlight stable fee revenues and record AUM that help buffer volatility, though they flag premium valuation and credit risks. Article Title
• Negative Sentiment: Short interest jumped ~44.9% in March to ~21.5M shares (≈2.9% of float), raising short‑pressure risk and suggesting some investors are betting on near‑term downside — days‑to‑cover ~1.8.
• Negative Sentiment: Private‑credit redemptions shocked the sector in Q1 (FT calculates ~$20bn attempted withdrawals), and Blackstone was named among managers facing outflows — a cyclical risk to credit businesses and fee generation. Article Title
• Negative Sentiment: Multiple brokerages trimmed price targets this week (HSBC to $131/hold; Piper Sandler to $122; Rothschild/TD Cowen lowered PTs), reducing near‑term analyst upside and adding selling pressure. Article Title Article Title Article Title

Wall Street Analyst Weigh In

BX has been the subject of a number of analyst reports. JPMorgan Chase & Co. decreased their price objective on shares of Blackstone from $158.00 to $122.00 and set a "neutral" rating for the company in a research report on Tuesday, March 3rd. BNP Paribas Exane decreased their price objective on shares of Blackstone from $167.00 to $156.00 and set a "neutral" rating for the company in a research report on Monday, January 12th. Jefferies Financial Group decreased their price objective on shares of Blackstone from $161.00 to $143.00 and set a "buy" rating for the company in a research report on Wednesday. Citizens Jmp restated a "market outperform" rating and set a $195.00 target price on shares of Blackstone in a research note on Friday, January 30th. Finally, The Goldman Sachs Group cut their target price on shares of Blackstone from $158.00 to $118.00 and set a "neutral" rating for the company in a research note on Monday, April 6th. Ten research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $155.33.

Blackstone Price Performance

Shares of Blackstone stock opened at $114.86 on Friday. Blackstone Inc. has a twelve month low of $101.73 and a twelve month high of $190.09. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.61. The company has a 50-day simple moving average of $117.75 and a two-hundred day simple moving average of $141.27. The stock has a market capitalization of $85.25 billion, a price-to-earnings ratio of 29.60, a price-to-earnings-growth ratio of 1.15 and a beta of 1.74.

Blackstone (NYSE:BX - Get Free Report) last issued its quarterly earnings data on Thursday, January 29th. The asset manager reported $1.75 earnings per share for the quarter, topping 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 during the quarter, compared to analysts' expectations of $3.69 billion. During the same quarter in the previous year, the company earned $1.69 EPS. The business's revenue was up 41.4% on a year-over-year basis. Analysts forecast that Blackstone Inc. will post 5.87 EPS for the current year.

Blackstone Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were paid a $1.49 dividend. This is a positive change from Blackstone's previous quarterly dividend of $1.29. The ex-dividend date was Monday, February 9th. This represents a $5.96 annualized dividend and a yield of 5.2%. Blackstone's dividend payout ratio is presently 153.61%.

Insiders Place Their Bets

In other news, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the business's stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $3.51, for a total value of $26,246,039.04. Following the completion of 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Holdings Iv Gp Mana Blackstone bought 2,868,069 shares of the company's stock in a transaction dated Friday, March 20th. The stock was purchased 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. This represents a 18.20% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 1.00% of the company's stock.

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.

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