Blackstone Inc. $BX Stock Position Increased by Advisors Capital Management LLC

Key Points

• Advisors Capital Management increased its stake in Blackstone by 3.1% in Q4 to 837,482 shares (about $129.1M), making BX its ninth-largest holding and roughly 1.5% of the firm's portfolio.
• Q1 beat and dividend: Blackstone reported EPS of $1.36 (vs. $1.34 est.) and $3.62B revenue with record fee‑earning AUM, and declared a $1.16 quarterly dividend (annualized $4.64, ~3.8% yield) despite a high payout ratio (~154%).
• Insider moves and mixed analyst views: Major shareholders executed large trades (one sold ~1.6M shares; another bought ~2.87M), while analysts are split but the consensus is a "Moderate Buy" with a $151.36 price target.

Advisors Capital Management LLC lifted its position in Blackstone Inc. (NYSE:BX - Free Report) by 3.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 837,482 shares of the asset manager's stock after purchasing an additional 25,569 shares during the quarter. Blackstone comprises about 1.5% of Advisors Capital Management LLC's investment portfolio, making the stock its 9th biggest position. Advisors Capital Management LLC owned about 0.11% of Blackstone worth $129,089,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its stake in Blackstone by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 71,667,695 shares of the asset manager's stock worth $11,046,859,000 after acquiring an additional 840,258 shares during the last quarter. State Street Corp boosted its holdings in shares of Blackstone by 1.3% in the 3rd quarter. State Street Corp now owns 31,362,796 shares of the asset manager's stock worth $5,358,334,000 after purchasing an additional 412,281 shares during the period. Northern Trust Corp increased its position in shares of Blackstone by 4.7% during the 3rd quarter. Northern Trust Corp now owns 7,324,989 shares of the asset manager's stock valued at $1,251,474,000 after purchasing an additional 329,379 shares during the last quarter. Legal & General Group Plc lifted its position in Blackstone by 3.2% in the third quarter. Legal & General Group Plc now owns 4,677,997 shares of the asset manager's stock worth $799,236,000 after buying an additional 145,056 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in Blackstone by 11.3% during the third quarter. Invesco Ltd. now owns 4,107,665 shares of the asset manager's stock worth $701,795,000 after buying an additional 416,933 shares during the period. 70.00% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the company's stock in a transaction on Friday, February 27th. The stock was sold at an average price of $10.00, for a total transaction of $15,961,420.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Holdings Iv Gp Mana Blackstone purchased 2,868,069 shares of the firm's stock in a transaction on Friday, March 20th. The shares were purchased at an average cost of $26.15 per share, with a total value of $75,000,004.35. Following the completion of the transaction, the insider owned 18,628,295 shares of the company's stock, valued at approximately $487,129,914.25. The trade was a 18.20% increase in their position. The SEC filing for this purchase provides additional information. 1.00% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on BX shares. Citigroup restated a "market outperform" rating on shares of Blackstone in a report on Friday, January 30th. JPMorgan Chase & Co. decreased their price objective on shares of Blackstone from $142.00 to $136.00 and set a "neutral" rating for the company in a research note on Friday. TD Cowen cut their target price on Blackstone from $141.00 to $140.00 and set a "buy" rating on the stock in a research note on Friday. Morgan Stanley decreased their price target on Blackstone from $215.00 to $184.00 and set an "overweight" rating for the company in a research note on Tuesday, April 21st. Finally, Oppenheimer upped their price objective on Blackstone from $154.00 to $156.00 and gave the company an "outperform" rating in a research report on Friday. Eleven analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $151.36.

Blackstone Stock Performance

Shares of NYSE:BX opened at $121.77 on Friday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.76 and a current ratio of 0.76. The firm has a market cap of $90.38 billion, a PE ratio of 31.14, a price-to-earnings-growth ratio of 1.27 and a beta of 1.74. The firm's 50 day simple moving average is $116.60 and its 200-day simple moving average is $138.16. Blackstone Inc. has a one year low of $101.73 and a one year high of $190.09.

Blackstone (NYSE:BX - Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The asset manager reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.02. The company had revenue of $3.62 billion for the quarter, compared to analysts' expectations of $3.45 billion. Blackstone had a return on equity of 22.86% and a net margin of 20.67%.Blackstone's revenue was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.11 earnings per share. As a group, equities analysts predict that Blackstone Inc. will post 6.12 EPS for the current year.

Blackstone Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Monday, May 4th will be issued a $1.16 dividend. This represents a $4.64 annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Monday, May 4th. Blackstone's payout ratio is presently 153.61%.

Trending Headlines about Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Q1 beat and record AUM — Blackstone reported Q1 results above estimates, fee‑earning AUM hit a record and management flagged strong AI infrastructure and fee‑related earnings growth, a clear fundamental positive for growth and fee visibility. Blackstone Inc (BX) Q1 2026 Earnings Call Highlights
• Positive Sentiment: Dividend boost — Blackstone declared a $1.16 quarterly dividend (annualized yield ~3.8%), supporting income investors and providing a valuation floor.
• Positive Sentiment: Oppenheimer raised its price target to $156 (outperform), signaling some buy‑side conviction that valuation upside remains despite recent volatility. Oppenheimer raises Blackstone PT to $156
• Positive Sentiment: AI infrastructure exposure — Blackstone‑backed AirTrunk exploring bonds to fund data center expansion highlights the firm's exposure to growing AI infrastructure demand, a growth theme investors like. Blackstone-Backed AirTrunk Explores A$500M Bond
• Neutral Sentiment: Mixed analyst moves — Several firms trimmed price targets but left ratings intact (Deutsche Bank to $146, TD Cowen to $140, Rothschild & Co Redburn to $134), reflecting modestly reduced upside assumptions but not broad sell calls. Deutsche Bank adjusts Blackstone PT to $146 Rothschild & Co Redburn adjusts PT to $134 TD Cowen adjusts PT to $140
• Neutral Sentiment: Other analyst note — Morgan Stanley issued a different PT action (recent coverage note), adding to mixed signals from brokers. Morgan Stanley Lowers Blackstone PT to $184
• Negative Sentiment: Private‑credit stress — WSJ reports two large loan defaults (Medallia, Affordable Care) that hit private‑credit lenders including Blackstone, raising short‑term loss and mark risks in Blackstone’s private‑credit portfolios. Two Big Loan Defaults Add to Pain in Private‑Credit Funds
• Negative Sentiment: Negative market narrative / short interest — Jim Cramer noted heavy short‑seller interest in BX, which can amplify downside on mixed headlines even if fundamentals remain intact. Jim Cramer on Blackstone: “Too Many Short Sellers, But Not a Lot of Failures”

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.

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