Border to Coast Pensions Partnership Ltd Increases Stock Position in Blackstone Inc. $BX

Key Points

• Border to Coast boosted its stake in Blackstone by 28% in Q4, buying 35,000 shares to own 160,000 shares valued at about $24.7 million.
• Major insider activity included Holdings IV GP Mana buying 2,868,069 shares (~$75.0M, an 18.2% increase) while another large holder, Tactical Opportunity, sold 1,596,142 shares.
• Blackstone delivered an earnings beat with revenue up 41.4%, raised its quarterly dividend to $1.49 (4.6% yield), and faces mixed analyst views—11 Buys and 11 Holds with a consensus target of $155.55.

Border to Coast Pensions Partnership Ltd boosted its stake in Blackstone Inc. (NYSE:BX - Free Report) by 28.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 160,000 shares of the asset manager's stock after purchasing an additional 35,000 shares during the quarter. Border to Coast Pensions Partnership Ltd's holdings in Blackstone were worth $24,707,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Redwood Financial Network Corp raised its stake in shares of Blackstone by 1.8% during the second quarter. Redwood Financial Network Corp now owns 3,588 shares of the asset manager's stock worth $537,000 after acquiring an additional 65 shares in the last quarter. Obermeyer Wealth Partners raised its stake in shares of Blackstone by 2.3% during the third quarter. Obermeyer Wealth Partners now owns 2,993 shares of the asset manager's stock worth $511,000 after acquiring an additional 66 shares in the last quarter. Klingman & Associates LLC raised its stake in shares of Blackstone by 0.4% during the third quarter. Klingman & Associates LLC now owns 15,116 shares of the asset manager's stock worth $2,583,000 after acquiring an additional 67 shares in the last quarter. Lazari Capital Management Inc. raised its stake in shares of Blackstone by 4.5% during the third quarter. Lazari Capital Management Inc. now owns 1,578 shares of the asset manager's stock worth $270,000 after acquiring an additional 68 shares in the last quarter. Finally, MidWestOne Financial Group Inc. raised its stake in shares of Blackstone by 0.8% during the third quarter. MidWestOne Financial Group Inc. now owns 8,335 shares of the asset manager's stock worth $1,424,000 after acquiring an additional 70 shares in the last quarter. 70.00% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Blackstone

In related news, major shareholder Holdings Iv Gp Mana Blackstone purchased 2,868,069 shares of the business's stock in a transaction that occurred on Friday, March 20th. The shares were 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 approximately $487,129,914.25. The trade was a 18.20% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of Blackstone stock in a transaction 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.

Analyst Upgrades and Downgrades

Several research firms have commented on BX. UBS Group decreased their price target on shares of Blackstone from $171.00 to $137.00 and set a "neutral" rating on the stock in a research note on Friday, February 20th. Piper Sandler decreased their price target on shares of Blackstone from $158.00 to $122.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 7th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Blackstone from $164.00 to $185.00 and gave the stock a "buy" rating in a research note on Wednesday, December 17th. The Goldman Sachs Group decreased their target price on shares of Blackstone from $158.00 to $118.00 and set a "neutral" rating on the stock in a research note on Monday, April 6th. Finally, Argus decreased their target price on shares of Blackstone from $195.00 to $163.00 and set a "buy" rating on the stock in a research note on Wednesday, February 4th. Eleven research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company's stock. According to data from MarketBeat, Blackstone has an average rating of "Moderate Buy" and a consensus target price of $155.55.

Blackstone Stock Up 3.1%

Shares of NYSE BX opened at $130.25 on Thursday. The company has a market cap of $96.67 billion, a price-to-earnings ratio of 33.57, a PEG ratio of 1.31 and a beta of 1.74. The firm's fifty day moving average is $117.12 and its 200 day moving average is $140.21. Blackstone Inc. has a 52 week low of $101.73 and a 52 week 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.

Blackstone (NYSE:BX - Get Free Report) last released its quarterly earnings results on Thursday, January 29th. The asset manager reported $1.75 earnings per share 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 analysts' expectations of $3.69 billion. Blackstone had a net margin of 20.89% and a return on equity of 22.17%. The firm's revenue for the quarter was up 41.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.69 earnings per share. On average, equities research analysts expect that Blackstone Inc. will post 5.87 earnings per share for the current year.

Blackstone Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 9th were issued a $1.49 dividend. This represents a $5.96 annualized dividend and a yield of 4.6%. This is an increase from Blackstone's previous quarterly dividend of $1.29. The ex-dividend date was Monday, February 9th. Blackstone's dividend payout ratio (DPR) is presently 153.61%.

Blackstone News Summary

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Oppenheimer upgraded BX to Outperform, citing attractive valuation after a recent pullback and strong real‑estate/operating performance — a catalyst for renewed buying interest. Oppenheimer Upgrades Blackstone NYSE: BX to Outperform
• Positive Sentiment: BMO Capital Markets published a bullish forecast pointing to strong price appreciation potential, adding another institutional endorsement that can support flows into the shares. BMO Capital Markets Forecasts Strong Price Appreciation for Blackstone NYSE: BX Stock
• Positive Sentiment: Barron’s reports that private‑credit markets look calm, which reinforces expectations for stable fee generation, fundraising and NAV stability across Blackstone’s credit platforms. Private Credit Looks Calm. Why Blackstone and Ares Stocks Are Starting to Climb.
• Positive Sentiment: Reports say Blackstone has teamed with I Squared Capital to pursue Ströer’s core advertising business — a move that would expand European media exposure and diversify asset mix, potentially supporting AUM growth. Blackstone Eyes Stroer Deal As European Media Role Expands
• Neutral Sentiment: Blackstone executives urge investors to separate “signal from the noise” on private credit — reassuring but also flagging client questions about transparency, loan losses and sector exposures to monitor. Blackstone's Joan Solotar says investors should separate ‘signal from the noise' in private credit
• Neutral Sentiment: Coverage assessing BX valuation notes a recent ~20% 90‑day pullback; that weakness created the valuation case analysts cite for upgrades but remains a background risk if macro or credit stress reappears. Assessing Blackstone (BX) Valuation After Oppenheimer Upgrade And Recent Share Price Pullback

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.