Concurrent Investment Advisors LLC Has $17.34 Million Holdings in Blackstone Inc. $BX

Key Points

• Concurrent Investment Advisors LLC boosted its stake in Blackstone by 148.3% in Q4, now owning 112,500 shares valued at about $17.34 million.
• Notable insider activity: Bx Buzz Ml-1 Gp LLC sold 7,477,504 shares while Holdings IV GP Mana Blackstone purchased 2,868,069 shares for roughly $75 million, a reported 18.2% increase in that insider's position.
• Operational and market snapshot: Blackstone beat Q1 EPS and revenue with fee‑earning AUM at a record, declared a quarterly dividend of $1.16 (annualized yield ~3.8%) despite a payout ratio of 153.6%, and carries a consensus analyst rating of Moderate Buy with a $151.45 price target.

Concurrent Investment Advisors LLC raised its position in Blackstone Inc. (NYSE:BX - Free Report) by 148.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 112,500 shares of the asset manager's stock after buying an additional 67,191 shares during the period. Concurrent Investment Advisors LLC's holdings in Blackstone were worth $17,341,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Redwood Financial Network Corp boosted its position in Blackstone by 1.8% in the second quarter. Redwood Financial Network Corp now owns 3,588 shares of the asset manager's stock valued at $537,000 after buying an additional 65 shares in the last quarter. Obermeyer Wealth Partners boosted its position in Blackstone by 2.3% in the third quarter. Obermeyer Wealth Partners now owns 2,993 shares of the asset manager's stock valued at $511,000 after buying an additional 66 shares in the last quarter. Klingman & Associates LLC lifted its position 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 purchasing an additional 67 shares in the last quarter. Lazari Capital Management Inc. lifted its position 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 purchasing an additional 68 shares in the last quarter. Finally, Benchmark Financial Wealth Advisors LLC lifted its position in shares of Blackstone by 0.9% during the fourth quarter. Benchmark Financial Wealth Advisors LLC now owns 7,748 shares of the asset manager's stock worth $1,194,000 after purchasing an additional 69 shares in the last quarter. 70.00% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on BX. Rothschild & Co Redburn reduced their target price on shares of Blackstone from $138.00 to $134.00 and set a "neutral" rating on the stock in a research report on Friday. Morgan Stanley reduced their target price on shares of Blackstone from $215.00 to $184.00 and set an "overweight" rating on the stock in a research report on Tuesday. Oppenheimer upped their target price on shares of Blackstone from $154.00 to $156.00 and gave the stock an "outperform" rating in a research report on Friday. Jefferies Financial Group reduced their target price on shares of Blackstone from $161.00 to $143.00 and set a "buy" rating on the stock in a research report on Wednesday, April 8th. Finally, BNP Paribas Exane cut their price objective on shares of Blackstone from $167.00 to $156.00 and set a "neutral" rating on the stock in a report on Monday, January 12th. Eleven equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $151.45.

Insider Activity

In other news, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the business's stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $3.51, for a total value of $26,246,039.04. Following the completion of the transaction, the insider owned 25,832 shares of the company's stock, valued at $90,670.32. The trade was a 99.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Holdings Iv Gp Mana Blackstone acquired 2,868,069 shares of the company's stock in a transaction that occurred on Friday, March 20th. The shares were acquired at an average cost of $26.15 per share, for a total transaction of $75,000,004.35. Following the purchase, the insider directly owned 18,628,295 shares in the company, valued at $487,129,914.25. This trade represents a 18.20% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 1.00% of the stock is owned by company insiders.

Blackstone Trading Down 0.5%

Shares of NYSE BX opened at $121.77 on Friday. The company's 50 day simple moving average is $116.60 and its 200 day simple moving average is $138.34. Blackstone Inc. has a fifty-two week low of $101.73 and a fifty-two week high of $190.09. The firm has a market capitalization of $90.38 billion, a P/E ratio of 31.14, a P/E/G ratio of 1.27 and a beta of 1.74. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.76 and a quick ratio of 0.76.

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 for the quarter, beating the consensus estimate of $1.34 by $0.02. Blackstone had a net margin of 20.67% and a return on equity of 22.86%. The business had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.45 billion. During the same period in the prior year, the business posted $1.11 earnings per share. Blackstone's revenue was up 10.0% compared to the same quarter last year. On average, analysts predict that Blackstone Inc. will post 6.12 EPS for the current year.

Blackstone Cuts Dividend

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

Blackstone News Roundup

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 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.

Want to see what other hedge funds are holding BX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Blackstone Inc. (NYSE:BX - Free Report).

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.