D.A. Davidson & CO. Has $22.98 Million Stock Position in Blackstone Inc. $BX

Key Points

• D.A. Davidson & Co. trimmed its Blackstone stake by 6.9%, selling 11,038 shares and ending the quarter with 149,097 shares worth about $22.98 million.
• Blackstone beat Q1 estimates with record fee‑earning AUM, highlighted AI infrastructure and fee‑related earnings growth, and declared a $1.16 quarterly dividend (annualized yield ~3.8%).
• Large insider moves included Bx Buzz Ml‑1 Gp selling 7,477,504 shares (≈$26.25M) while Holdings IV GP Mana Blackstone purchased 2,868,069 shares for about $75M, materially shifting insider ownership.

D.A. Davidson & CO. reduced its holdings in shares of Blackstone Inc. (NYSE:BX - Free Report) by 6.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 149,097 shares of the asset manager's stock after selling 11,038 shares during the quarter. D.A. Davidson & CO.'s holdings in Blackstone were worth $22,982,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in BX. REAP Financial Group LLC acquired a new position in shares of Blackstone during the third quarter valued at about $26,000. Family CFO Inc acquired a new position in shares of Blackstone during the fourth quarter valued at about $28,000. Richardson Financial Services Inc. acquired a new position in shares of Blackstone during the fourth quarter valued at about $29,000. Redmont Wealth Advisors LLC acquired a new position in shares of Blackstone during the third quarter valued at about $30,000. Finally, Strive Asset Management LLC acquired a new position in shares of Blackstone during the third quarter valued at about $30,000. 70.00% of the stock is currently owned by institutional investors and hedge funds.

Key Blackstone News

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”

Insider Buying and Selling at Blackstone

In other news, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the business's stock in a transaction that occurred 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 sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, major shareholder Holdings Iv Gp Mana Blackstone purchased 2,868,069 shares of the stock in a transaction dated Friday, March 20th. The stock was acquired at an average cost of $26.15 per share, for a total transaction of $75,000,004.35. Following the transaction, the insider owned 18,628,295 shares of the company's stock, valued at approximately $487,129,914.25. This trade represents a 18.20% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 1.00% of the company's stock.

Blackstone Stock Up 0.1%

BX opened at $121.77 on Monday. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.66. The stock has a market cap of $90.38 billion, a price-to-earnings ratio of 31.14, a PEG ratio of 1.28 and a beta of 1.74. Blackstone Inc. has a twelve month low of $101.73 and a twelve month high of $190.09. The company's 50-day moving average price is $116.60 and its two-hundred day moving average price is $137.99.

Blackstone (NYSE:BX - Get Free Report) last released its earnings results on Thursday, April 23rd. The asset manager reported $1.36 earnings per share for the quarter, beating analysts' consensus estimates of $1.34 by $0.02. The firm had revenue of $3.62 billion for the quarter, compared to analysts' expectations of $3.45 billion. Blackstone had a net margin of 20.67% and a return on equity of 22.86%. The company's quarterly revenue was up 10.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.11 earnings per share. As a group, equities analysts expect that Blackstone Inc. will post 6.07 earnings per share for the current year.

Blackstone Cuts Dividend

The business 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 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Monday, May 4th. Blackstone's payout ratio is presently 152.43%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Barclays cut their price target on shares of Blackstone from $126.00 to $124.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 8th. Royal Bank Of Canada set a $173.00 price target on shares of Blackstone in a report on Friday. BNP Paribas Exane cut their price target 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. Citizens Jmp cut their price target on shares of Blackstone from $195.00 to $190.00 and set a "market outperform" rating on the stock in a report on Wednesday, April 22nd. Finally, TD Cowen cut their price target on shares of Blackstone from $141.00 to $140.00 and set a "buy" rating on the stock in a report on Friday. Eleven analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $151.36.

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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