Blackstone Inc. $BX Shares Sold by Nisa Investment Advisors LLC

Key Points

• Nisa Investment Advisors LLC cut its Blackstone stake by 8.1%, selling 11,516 shares and finishing the quarter with 131,277 shares valued at about $20.24 million.
• Blackstone posted a quarterly earnings beat (EPS $1.75 vs. $1.54 est.; revenue $4.36B vs. $3.69B), raised its quarterly dividend to $1.49 (annualized $5.96, ~5.2% yield), and closed a record $6.3B life‑sciences fund to boost fee‑earning capacity.
• Major shareholders executed large sales — notably Bx Buzz Ml‑1 Gp LLC sold 7.48 million shares (~$26.25M) and Tactical Opportunit Blackstone sold 1.60 million shares (~$15.96M) — indicating significant insider/major‑holder divestment.

Nisa Investment Advisors LLC cut its holdings in Blackstone Inc. (NYSE:BX - Free Report) by 8.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 131,277 shares of the asset manager's stock after selling 11,516 shares during the quarter. Nisa Investment Advisors LLC's holdings in Blackstone were worth $20,235,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Blackstone by 1.9% during the third quarter. Vanguard Group Inc. now owns 70,827,437 shares of the asset manager's stock worth $12,100,868,000 after acquiring an additional 1,335,060 shares during the period. Close Asset Management Ltd boosted its holdings in 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 purchasing an additional 1,133,197 shares in the last quarter. Lazard Asset Management LLC raised its stake in shares of Blackstone by 31.9% during the 2nd quarter. Lazard Asset Management LLC now owns 3,803,344 shares of the asset manager's stock worth $568,902,000 after buying an additional 919,773 shares in the last quarter. Canada Pension Plan Investment Board increased its holdings in Blackstone by 115.4% in the second quarter. Canada Pension Plan Investment Board now owns 1,088,786 shares of the asset manager's stock valued at $162,861,000 after buying an additional 583,384 shares in the last quarter. Finally, Amundi grew its holdings in Blackstone by 19.9% in the second quarter. Amundi now owns 2,904,030 shares of the asset manager's stock valued at $444,494,000 after purchasing an additional 482,528 shares during the last quarter. Institutional investors and hedge funds own 70.00% of the company's stock.

Blackstone Stock Performance

Shares of NYSE BX opened at $114.68 on Wednesday. The company has a 50-day simple moving average of $123.29 and a 200-day simple moving average of $144.97. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.76 and a quick ratio of 0.76. The company has a market cap of $85.11 billion, a PE ratio of 29.56, a price-to-earnings-growth ratio of 0.89 and a beta of 1.79. Blackstone Inc. has a 12 month low of $101.73 and a 12 month high of $190.09.

Blackstone (NYSE:BX - Get Free Report) last announced its quarterly earnings data 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. The business had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $3.69 billion. Blackstone had a net margin of 20.89% and a return on equity of 22.17%. The company's quarterly revenue was up 41.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.69 earnings per share. On average, equities analysts anticipate that Blackstone Inc. will post 5.87 earnings per share for the current year.

Blackstone Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th were given a $1.49 dividend. This is an increase 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 of this dividend was Monday, February 9th. Blackstone's dividend payout ratio (DPR) is presently 153.61%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on BX shares. Citizens Jmp reaffirmed a "market outperform" rating and set a $195.00 price target on shares of Blackstone in a research note on Friday, January 30th. Argus cut their target price on shares of Blackstone from $195.00 to $163.00 and set a "buy" rating for the company in a research report on Wednesday, February 4th. UBS Group lowered their price target on shares of Blackstone from $171.00 to $137.00 and set a "neutral" rating on the stock in a research report on Friday, February 20th. The Goldman Sachs Group cut their price objective on Blackstone from $166.00 to $158.00 and set a "neutral" rating for the company in a research report on Friday, January 30th. Finally, Barclays lowered their target price on Blackstone from $164.00 to $126.00 and set an "equal weight" rating on the stock in a report on Monday, March 2nd. Eleven analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $164.00.

Key Stories Impacting Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone announced the final close of a record $6.3 billion life‑sciences fund, highlighting strong fundraising execution and fee‑earning capacity — a clear driver for investor confidence and revenue visibility. Blackstone Announces Final Close of Record $6.3 Billion Life Sciences Fund – the Largest Private Fund Dedicated to Life Sciences
• Positive Sentiment: Regulatory news: a proposed U.S. Department of Labor rule to ease limits on alternatives in 401(k) plans could unlock a large addressable market for managers like Blackstone, supporting long‑term AUM growth prospects. Blackstone, Carlyle jumps as 401(k) rule opens $14T opportunity
• Positive Sentiment: Product expansion: Blackstone is launching a multi‑strategy hedge fund aimed at affluent clients, which could broaden distribution and fee pools if it attracts substantial flows. Market Chatter: Blackstone Launches Hedge Fund for Affluent Clients
• Neutral Sentiment: Liquidity / portfolio recycling: Blackstone sold its Fidere residential portfolio to Brookfield for ~$1.4 billion, which bolsters cash returns and redeployment capacity but is a one‑off exit. Blackstone sells Fidere residential portfolio to Brookfield for $1.4 billion
• Neutral Sentiment: Brand / PR move: Blackstone named top golfer Tommy Fleetwood as a global brand ambassador to boost retail/private‑wealth positioning — helpful for marketing but limited near‑term earnings impact. Blackstone Announces Top-Ranked Professional Golfer, Tommy Fleetwood, as Global Brand Ambassador
• Neutral Sentiment: Regional expansion play: A Blackstone‑backed consortium acquired an Indian cricket franchise, signaling continued deal activity in consumer/sports assets — strategically positive but modest for consolidated results. Blackstone-backed consortium acquires Indian cricket franchise
• Negative Sentiment: Valuation and sentiment headwinds: separate coverage highlights that BX is down ~30% year‑to‑date and ~28% over three months, raising valuation concerns despite recent revenue and net‑income growth — this continued multiple compression is a near‑term drag on sentiment. Blackstone (BX) Valuation Check After Steep Year To Date Share Price Pullback
• Neutral Sentiment: General market coverage: major outlets (e.g., CNN) continue to track BX newsflow and performance, which sustains visibility but doesn't add a discrete catalyst. Blackstone Inc.

Insider Buying and Selling

In other news, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $3.51, for a total transaction of $26,246,039.04. Following the transaction, the insider directly owned 25,832 shares in the company, valued at $90,670.32. This represents a 99.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the business's stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $10.00, for a total transaction of $15,961,420.00. The disclosure for this sale is available in the SEC filing. 1.00% of the stock is currently owned by company 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.

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