Brookstone Capital Management Grows Stock Holdings in Blackstone Inc. $BX

Key Points

• Brookstone Capital Management raised its stake in Blackstone (NYSE:BX) by 50.3% in Q4, buying 12,655 shares to own 37,838 shares worth about $5.83 million at quarter‑end.
• Roughly 70% of BX is held by hedge funds and institutional investors (large holders include Vanguard and State Street), and analysts are split — a consensus "Moderate Buy" with an average target of $164 amid several recent downward price‑target revisions (BMO to $126).
• Blackstone beat Q4 revenue and EPS estimates, closed a $6.3 billion life‑sciences fund and raised the quarterly dividend to $1.49 (a 5.2% yield), but it faces regulatory scrutiny over private‑credit practices that could pressure sentiment.

Brookstone Capital Management lifted its position in Blackstone Inc. (NYSE:BX - Free Report) by 50.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 37,838 shares of the asset manager's stock after buying an additional 12,655 shares during the quarter. Brookstone Capital Management's holdings in Blackstone were worth $5,832,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of BX. Vanguard Group Inc. lifted its position 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 purchasing an additional 1,335,060 shares in the last quarter. State Street Corp increased its stake in Blackstone by 1.3% during the 3rd quarter. State Street Corp now owns 31,362,796 shares of the asset manager's stock worth $5,358,334,000 after buying an additional 412,281 shares during the period. Northern Trust Corp lifted its holdings in Blackstone by 4.7% during the 3rd quarter. Northern Trust Corp now owns 7,324,989 shares of the asset manager's stock worth $1,251,474,000 after buying an additional 329,379 shares in the last quarter. Legal & General Group Plc grew its stake in shares of 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 acquiring an additional 145,056 shares in the last quarter. Finally, Invesco Ltd. increased its position in shares of 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 acquiring an additional 416,933 shares during the period. 70.00% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently commented on BX shares. Rothschild & Co Redburn lowered their target price on Blackstone from $165.00 to $158.00 and set a "neutral" rating for the company in a research note on Monday, February 2nd. HSBC decreased their price objective on Blackstone from $178.00 to $174.00 and set a "hold" rating for the company in a research note on Wednesday, January 28th. Piper Sandler cut their target price on shares of Blackstone from $168.00 to $158.00 and set a "neutral" rating on the stock in a research note on Monday, February 2nd. BMO Capital Markets decreased their price target on shares of Blackstone from $165.00 to $126.00 and set an "outperform" rating for the company in a research note on Tuesday, March 24th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Blackstone in a research report on Wednesday, January 21st. Eleven research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $164.00.

Blackstone News Roundup

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Record life‑sciences fund close — Blackstone announced the final close of a $6.3 billion life‑sciences fund, a fundraising win that strengthens fee revenue visibility and demonstrates investor demand for BX’s private capital products. Why Blackstone (BX) Stock Is Up Today
• Positive Sentiment: AUM and fundraising strength — Analysis highlights BX’s fundraising power driving AUM to about $1.3 trillion, which boosts fee‑based earnings stability and supports long‑term growth and valuation of management fees. Does Blackstone's Fundraising Strength Anchor Its Growth Story?
• Positive Sentiment: Asset monetization — Blackstone sold the Fidere residential portfolio to Brookfield for roughly $1.4 billion, a disposition that realizes value and can improve liquidity or redeploy capital into higher‑return opportunities. Blackstone sells Fidere residential portfolio to Brookfield for $1.4 billion
• Positive Sentiment: Brand/PR initiative — Blackstone named golfer Tommy Fleetwood as global brand ambassador to raise visibility with private wealth clients; this is largely PR‑oriented but supports the firm’s retail/private wealth push over time. Blackstone Announces Tommy Fleetwood as Global Brand Ambassador
• Neutral Sentiment: Relative valuation piece — A comparison article (IX vs BX) weighs BX’s value vs Orix; useful for investors but not an immediate catalyst. IX vs. BX: Which Stock Is the Better Value Option?
• Neutral Sentiment: Valuation/coverage checks — Coverage notes a steep YTD share pullback and re‑examines BX’s valuation; helps frame risk/reward but is analysis rather than new corporate action. Blackstone (BX) Valuation Check
• Neutral Sentiment: General market profile — Company page/quote coverage providing market data and snapshots; background context for traders. Blackstone Inc. (CNN Markets)
• Negative Sentiment: Regulatory scrutiny — Lawmakers (House Financial Services Committee Democrats) are probing Blackstone, Ares and peers over private‑credit practices; heightened regulatory and political risk can pressure valuations, fundraising and deal activity. Lawmakers probe Blackstone, Ares and peers over private credit practices
• Negative Sentiment: Committee questions noted in market chatter — Follow‑on reports reiterate regulatory attention from House Democrats, sustaining uncertainty around private credit oversight. Market Chatter: Blackstone and Others Face Questions From House Financial Services Committee Democrats Over Private Credit
• Negative Sentiment: Analyst cut — BMO slashed its BX price target to $126 (from $165) while keeping an Outperform rating, signaling growing uncertainty about the alternative‑asset manager group and weighing on sentiment. BMO Capital Cuts Blackstone (BX)’s Price Target to $126

Blackstone Price Performance

BX stock opened at $114.40 on Thursday. The stock has a market cap of $84.90 billion, a price-to-earnings ratio of 29.48, a PEG ratio of 0.91 and a beta of 1.79. Blackstone Inc. has a fifty-two week low of $101.73 and a fifty-two 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. The business has a 50 day moving average price of $122.46 and a 200 day moving average price of $144.75.

Blackstone (NYSE:BX - Get Free Report) last released its quarterly earnings data on Thursday, January 29th. The asset manager reported $1.75 earnings per share for the quarter, topping analysts' consensus estimates of $1.54 by $0.21. Blackstone had a net margin of 20.89% and a return on equity of 22.17%. The company had revenue of $4.36 billion for the quarter, compared to analysts' expectations of $3.69 billion. During the same quarter last year, the company earned $1.69 earnings per share. The firm's revenue for the quarter was up 41.4% on a year-over-year basis. Equities research analysts anticipate that Blackstone Inc. will post 5.87 earnings per share for the current fiscal year.

Blackstone Increases Dividend

The business 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 boost from Blackstone's previous quarterly dividend of $1.29. This represents a $5.96 annualized dividend and a yield of 5.2%. The ex-dividend date was Monday, February 9th. Blackstone's payout ratio is currently 153.61%.

Insiders Place Their Bets

In related news, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the firm's stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $3.51, for a total transaction of $26,246,039.04. Following the transaction, the insider owned 25,832 shares in the company, valued at $90,670.32. This trade represents a 99.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 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 value of $15,961,420.00. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.00% of the company's stock.

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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