Cryder Capital Partners LLP Boosts Stock Position in Blackstone Inc. $BX

Key Points

• Cryder Capital Partners LLP increased its stake in Blackstone by 34.6% in Q4 to 1,090,645 shares, making BX about 9.9% of Cryder’s portfolio and valuing its position at roughly $168.1 million (Cryder owned 0.15% of BX).
• Blackstone reported a slight earnings beat (Q: $1.36 EPS vs. $1.34 est.) and 10% year-over-year revenue growth to $3.62 billion, but has cut its dividend to $1.16 quarterly (annualized $4.64) with a payout ratio near 119%.
• Insider and institutional activity is notable: a major shareholder bought ~2.87 million shares while insiders sold 9.1 million shares over 90 days, and analysts carry a consensus "Hold" rating with an average target of $150.95.

Cryder Capital Partners LLP lifted its holdings in Blackstone Inc. (NYSE:BX - Free Report) by 34.6% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,090,645 shares of the asset manager's stock after buying an additional 280,625 shares during the period. Blackstone makes up approximately 9.9% of Cryder Capital Partners LLP's portfolio, making the stock its 5th biggest holding. Cryder Capital Partners LLP owned 0.15% of Blackstone worth $168,112,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of BX. Jain Global LLC bought a new stake in shares of Blackstone in the 3rd quarter worth approximately $9,116,000. Fayez Sarofim & Co boosted its holdings in Blackstone by 1.9% in the 3rd quarter. Fayez Sarofim & Co now owns 1,270,608 shares of the asset manager's stock valued at $217,083,000 after purchasing an additional 24,237 shares during the period. Natixis Advisors LLC boosted its holdings in Blackstone by 20.4% in the 3rd quarter. Natixis Advisors LLC now owns 840,401 shares of the asset manager's stock valued at $143,582,000 after purchasing an additional 142,479 shares during the period. Close Asset Management Ltd boosted its holdings in Blackstone by 16,035.1% in the 3rd quarter. Close Asset Management Ltd now owns 1,140,264 shares of the asset manager's stock valued at $194,746,000 after purchasing an additional 1,133,197 shares during the period. Finally, Whittier Trust Co. boosted its holdings in Blackstone by 2.1% in the 3rd quarter. Whittier Trust Co. now owns 346,318 shares of the asset manager's stock valued at $58,337,000 after purchasing an additional 7,053 shares during the period. 70.00% of the stock is owned by institutional investors.

Blackstone Price Performance

BX stock opened at $122.78 on Wednesday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.76 and a current ratio of 0.76. Blackstone Inc. has a 52 week low of $101.73 and a 52 week high of $190.09. The firm's fifty day moving average is $115.98 and its 200 day moving average is $136.65. The firm has a market cap of $91.12 billion, a P/E ratio of 31.40, a P/E/G ratio of 1.34 and a beta of 1.63.

Blackstone (NYSE:BX - Get Free Report) last released its earnings results on Thursday, April 23rd. The asset manager reported $1.36 EPS 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 company had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.45 billion. During the same quarter last year, the firm earned $1.11 EPS. The firm's quarterly revenue was up 10.0% compared to the same quarter last year. Research analysts predict that Blackstone Inc. will post 5.91 earnings per share for the current year.

Blackstone Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Stockholders of record on Monday, May 4th will be issued a $1.16 dividend. The ex-dividend date is Monday, May 4th. This represents a $4.64 annualized dividend and a dividend yield of 3.8%. Blackstone's dividend payout ratio (DPR) is currently 118.67%.

Insider Activity

In other news, major shareholder Holdings Iv Gp Mana Blackstone purchased 2,868,069 shares of the company's stock in a transaction on Friday, March 20th. The stock was acquired at an average price of $26.15 per share, with a total value of $75,000,004.35. Following the transaction, the insider directly owned 18,628,295 shares of the company's stock, valued at approximately $487,129,914.25. This represents a 18.20% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the 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. Over the last 90 days, insiders sold 9,103,660 shares of company stock worth $45,982,920. 1.00% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have commented on BX. Morgan Stanley cut their price target on shares of Blackstone from $215.00 to $184.00 and set an "overweight" rating for the company in a report on Tuesday, April 21st. Jefferies Financial Group cut their price target on shares of Blackstone from $161.00 to $143.00 and set a "buy" rating for the company in a report on Wednesday, April 8th. JPMorgan Chase & Co. cut their price target on shares of Blackstone from $142.00 to $136.00 and set a "neutral" rating for the company in a report on Friday, April 24th. Piper Sandler raised their price objective on shares of Blackstone from $122.00 to $130.00 and gave the company a "neutral" rating in a research report on Monday, April 27th. Finally, Citizens Jmp lowered their price objective on shares of Blackstone from $195.00 to $190.00 and set a "market outperform" rating on the stock in a research report on Wednesday, April 22nd. Eleven research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $150.95.

Trending Headlines about Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone is part of a roughly $1.5 billion Anthropic-led venture with Goldman, Hellman & Friedman and others to deploy AI tools (Claude) across PE-owned portfolio companies. For Blackstone this could accelerate operational improvements at portfolio firms, create new fee or services opportunities and strengthen competitive advantages in sourcing and scaling deals. Anthropic teams with Goldman, Blackstone and others on $1.5 billion AI venture targeting PE-owned firms
• Positive Sentiment: Reports say Blackstone and KKR are in talks with Alphabet to give their portfolio companies access to Google AI models. Direct access to leading AI models could boost productivity and valuations across Blackstone’s holdings and speed value creation in exits. Market Chatter: Blackstone, KKR in Talks With Alphabet to Give Portfolio Companies Access to AI Models
• Positive Sentiment: Blackstone’s new data-center vehicle (Blackstone Digital Infrastructure Trust / BXDC) is targeting roughly $1.7–1.75 billion in a U.S. IPO to buy newly built data centers leased to hyperscalers. This expands BX’s fee-bearing AUM and taps a hot sector (secular demand for cloud infra), potentially adding recurring management/transaction fees and unlocking value via a public listing. Blackstone vehicle aims to raise over $1.7 billion in US IPO for data center bet
• Neutral Sentiment: Analyses comparing Blackstone (BX) with peers on valuation (e.g., Orix / IX comparisons) are circulating; these pieces provide context on relative value but don’t change fundamentals immediately. Useful for investors re-assessing BX vs. other asset managers or alternative-asset plays. IX vs. BX: Which Stock Is the Better Value Option?
• Negative Sentiment: An analyst consensus recently settled at an average “Hold” for BX, which signals limited near-term upside in Street expectations and could cap buying interest until clearer catalysts (earnings beats, visible fee growth, or successful IPO execution) emerge. Blackstone Inc. NYSE: BX Receives Average Recommendation of "Hold" from Analysts

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.

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