Capital Research Global Investors Purchases 20,361 Shares of Blackstone Inc. $BX

Key Points

• Capital Research Global Investors modestly increased its stake in Blackstone by 0.6% in Q3, buying 20,361 shares to hold 3,203,634 shares worth about $547.4 million.
• Notable insider moves included Holdings IV GP Mana Blackstone buying 1,146,789 shares at ~$26.16 (~$30M), raising its stake by 7.37%, while Tactical Opportunities sold 1,596,142 shares for about $15.96M.
• Blackstone beat quarterly expectations (EPS $1.75 vs. $1.54; revenue $4.36B, +41.4%), raised its quarterly dividend to $1.49 (5.4% yield), but faces headwinds from rising short interest, private‑credit redemption concerns and recent analyst price‑target cuts.

Capital Research Global Investors increased its position in shares of Blackstone Inc. (NYSE:BX - Free Report) by 0.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,203,634 shares of the asset manager's stock after buying an additional 20,361 shares during the period. Capital Research Global Investors owned 0.43% of Blackstone worth $547,363,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC boosted its holdings in shares of Blackstone by 34.6% during the 4th quarter. Brighton Jones LLC now owns 7,917 shares of the asset manager's stock valued at $1,365,000 after acquiring an additional 2,035 shares in the last quarter. Sivia Capital Partners LLC increased its position in Blackstone by 9.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,076 shares of the asset manager's stock valued at $310,000 after buying an additional 177 shares in the last quarter. United Bank lifted its stake in shares of Blackstone by 14.7% in the second quarter. United Bank now owns 13,528 shares of the asset manager's stock valued at $2,024,000 after buying an additional 1,729 shares in the last quarter. Savant Capital LLC grew its holdings in Blackstone by 1.8% during the second quarter. Savant Capital LLC now owns 18,255 shares of the asset manager's stock worth $2,731,000 after buying an additional 325 shares in the last quarter. Finally, Vestmark Advisory Solutions Inc. increased its stake in Blackstone by 175.4% in the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 4,891 shares of the asset manager's stock valued at $732,000 after buying an additional 3,115 shares during the last quarter. 70.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, major shareholder Holdings Iv Gp Mana Blackstone acquired 1,146,789 shares of the stock in a transaction dated Monday, February 23rd. The shares were purchased at an average cost of $26.16 per share, with a total value of $30,000,000.24. Following the transaction, the insider directly owned 16,716,249 shares in the company, valued at approximately $437,297,073.84. This represents a 7.37% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the firm's stock in a transaction that occurred 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 SEC filing for this sale provides additional information. 1.00% of the stock is owned by company insiders.

Blackstone Trading Down 0.7%

Blackstone stock opened at $109.92 on Wednesday. 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 stock has a market capitalization of $81.58 billion, a PE ratio of 28.33, a price-to-earnings-growth ratio of 0.95 and a beta of 1.79. The business's fifty day moving average is $137.88 and its 200 day moving average is $151.68. Blackstone Inc. has a one year low of $105.09 and a one year high of $190.09.

Blackstone (NYSE:BX - Get Free Report) last announced its earnings results on Thursday, January 29th. The asset manager reported $1.75 earnings per share (EPS) for the quarter, topping 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 return on equity of 22.17% and a net margin of 20.89%.The business's revenue for the quarter was up 41.4% on a year-over-year basis. During the same period last year, the firm posted $1.69 earnings per share. On average, sell-side analysts predict that Blackstone Inc. will post 5.87 EPS for the current year.

Blackstone Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were issued a dividend of $1.49 per share. This is a boost from Blackstone's previous quarterly dividend of $1.29. This represents a $5.96 annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend was Monday, February 9th. Blackstone's dividend payout ratio is presently 153.61%.

More Blackstone News

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone and Blue Owl Capital agreed to acquire a stake in private‑equity firm Atlas, signaling continued deal flow and partnership activity that can drive fee and carry income. Article Title
• Positive Sentiment: Blackstone Life Sciences struck a co‑funding arrangement with Johnson & Johnson on a cancer therapy trial and the firm is exploring an acquisition of Whitestone REIT—moves that diversify revenue sources beyond private credit. Article Title
• Neutral Sentiment: Commentary in the WSJ highlights that large, diversified asset managers like Blackstone and BlackRock are better positioned to absorb shocks in private credit, suggesting resilience but not immediate relief to valuation pressure. Article Title
• Negative Sentiment: Short interest jumped ~27.8% in February to 16.63M shares (about 2.3% of float), increasing bearish pressure and potential downward momentum if shorts accelerate. (Days‑to‑cover ≈ 1.6.)
• Negative Sentiment: Unusually large put option activity — ~29,939 puts traded (up 62% vs. norm) — indicates elevated hedging or outright bearish bets from options traders.
• Negative Sentiment: Ongoing concerns about heavy redemptions in Blackstone’s flagship BCRED private‑credit fund (record requests, a $400M capital injection and higher share repurchase cap) are weighing on sentiment and valuation. Article Title
• Negative Sentiment: Barclays cut its price target on BX to $126 from $164, reflecting revised estimates for alternative asset managers and contributing to near‑term selling pressure. Article Title
• Negative Sentiment: Multiple analyst pieces and commentaries are questioning whether to sell given private‑credit woes and recent share weakness, which can amplify outflows and downward momentum. Article Title

Analyst Ratings Changes

BX has been the subject of a number of recent research reports. Jefferies Financial Group decreased their target price on Blackstone from $185.00 to $161.00 and set a "buy" rating for the company in a research report on Tuesday, February 10th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Blackstone in a report on Wednesday, January 21st. HSBC reduced their price objective on Blackstone from $178.00 to $174.00 and set a "hold" rating on the stock in a research report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft increased their target price on Blackstone from $164.00 to $185.00 and gave the company a "buy" rating in a report on Wednesday, December 17th. Finally, Citizens Jmp reaffirmed a "market outperform" rating and set a $195.00 price target on shares of Blackstone in a research report on Friday, January 30th. Eleven research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company's stock. According to MarketBeat.com, Blackstone presently has a consensus rating of "Moderate Buy" and a consensus target price of $165.86.

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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