Elevatus Welath Management Takes Position in Blackstone Inc. $BX

Key Points

• Elevatus Welath Management opened a new position in Blackstone (NYSE:BX), purchasing 14,976 shares worth about $2.56 million in Q3, and roughly 70% of the stock is held by institutional investors.
• Blackstone beat quarterly expectations (EPS $1.75 vs. $1.54) with revenue up 41.4% year‑over‑year and raised its quarterly dividend to $1.49 (annualized $5.96, yield 5.6%), though the payout ratio is a high 153.6%.
• Key risks include heavy redemptions in BX’s private‑credit fund that forced an approximately $400 million capital injection and increased share‑repurchase limits, alongside rising short interest and notable put buying that heighten downside pressure.

Elevatus Welath Management purchased a new position in Blackstone Inc. (NYSE:BX - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 14,976 shares of the asset manager's stock, valued at approximately $2,559,000.

Several other large investors have also made changes to their positions in BX. Redwood Financial Network Corp lifted its position in shares of Blackstone by 1.8% during the 2nd 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 raised its position in Blackstone by 2.3% during the third quarter. Obermeyer Wealth Partners now owns 2,993 shares of the asset manager's stock worth $511,000 after acquiring an additional 66 shares during the period. Klingman & Associates LLC grew its position in shares of Blackstone by 0.4% in the third quarter. Klingman & Associates LLC now owns 15,116 shares of the asset manager's stock valued at $2,583,000 after purchasing an additional 67 shares during the period. Lazari Capital Management Inc. increased its stake 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, MidWestOne Financial Group Inc. lifted its stake in Blackstone by 0.8% in the 3rd quarter. MidWestOne Financial Group Inc. now owns 8,335 shares of the asset manager's stock valued at $1,424,000 after buying an additional 70 shares in the last quarter. 70.00% of the stock is owned by institutional investors and hedge funds.

Blackstone Stock Performance

NYSE BX opened at $107.25 on Thursday. Blackstone Inc. has a fifty-two week low of $105.09 and a fifty-two week high of $190.09. The firm has a market capitalization of $79.60 billion, a P/E ratio of 27.64, a price-to-earnings-growth ratio of 0.87 and a beta of 1.79. The stock's fifty day moving average is $136.94 and its two-hundred day moving average is $151.37. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.76 and a current ratio of 0.76.

Blackstone (NYSE:BX - Get Free Report) last announced its quarterly earnings results on Thursday, January 29th. The asset manager reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.54 by $0.21. Blackstone had a net margin of 20.89% and a return on equity of 22.17%. The firm had revenue of $4.36 billion for the quarter, compared to analysts' expectations of $3.69 billion. During the same quarter in the previous year, the company posted $1.69 EPS. The company's revenue was up 41.4% compared to the same quarter last year. On average, research analysts anticipate that Blackstone Inc. will post 5.87 earnings per share for the current year.

Blackstone Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th were issued a dividend of $1.49 per share. The ex-dividend date was Monday, February 9th. This represents a $5.96 dividend on an annualized basis and a dividend yield of 5.6%. This is an increase from Blackstone's previous quarterly dividend of $1.29. Blackstone's payout ratio is 153.61%.

Key Stories Impacting Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone Energy Transition Partners agreed to acquire a majority stake in Advanced Cooling Technologies (ACT), expanding BX’s energy‑transition and thermal‑management exposure while leaving ACT management as significant shareholders — a strategic tuck‑in that supports fee and carry growth. Blackstone Energy Transition Partners Announces Agreement to Acquire Majority Stake in Advanced Cooling Technologies
• Positive Sentiment: Blackstone and Blue Owl acquired a stake in PE firm Atlas, signaling continued partnership-driven deal activity that can expand BX’s alternative asset footprint and fee streams. Blackstone, Blue Owl Capital acquire stake in PE firm Atlas
• Positive Sentiment: Blackstone Life Sciences is co‑funding clinical trials with Johnson & Johnson and the firm is reported to be exploring a Whitestone REIT deal — moves that diversify earnings and create new fee/carry upside over time. Blackstone Balances Life Sciences Bet And REIT Interest As Valuation Lags
• Neutral Sentiment: Analysts note BX trades at a premium to peers (forward P/E ~16.5 vs industry ~9.9), raising valuation questions even as assets under management and fundraising remain strong. Premium Valuation: Should Investors Still Consider Blackstone Stock?
• Neutral Sentiment: WSJ commentary suggests diversified alternative managers like Blackstone are structurally better positioned to weather a pullback in private credit, tempering some systemic risk concerns. Why Blackstone and BlackRock Can Ride Out the Private-Credit Storm
• Negative Sentiment: Heightened redemption activity in BX’s $82B BCRED private‑credit fund triggered record withdrawal requests, forcing a roughly $400M capital injection and an increased share‑repurchase cap to meet liquidity needs — a headline risk that has materially hurt sentiment and share performance. A Look At Blackstone’s (BX) Valuation As Private Credit Redemptions Draw Fresh Scrutiny
• Negative Sentiment: Macro and sector pressure: commentary and data show private‑equity/private‑credit stocks have fallen sharply in recent months, amplifying outflows and risk‑off behavior for BX. Private equity stocks down 30-40% in three months, bigger worry than geopolitical risk
• Negative Sentiment: Market positioning has turned bearish: short interest rose ~27.8% in February and recent uncommon put buying (~29,939 puts) points to accelerated downside hedging/speculation that increases selling pressure on the stock.

Insider Buying and Selling

In other Blackstone news, major shareholder Holdings Iv Gp Mana Blackstone purchased 1,146,789 shares of the stock in a transaction dated Monday, February 23rd. The stock was acquired at an average cost of $26.16 per share, for a total transaction of $30,000,000.24. Following the acquisition, the insider owned 16,716,249 shares in the company, valued at $437,297,073.84. This trade represents a 7.37% increase in their position. The acquisition was disclosed in a 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 business's stock in a transaction dated Friday, February 27th. The shares were 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. Corporate insiders own 1.00% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on BX shares. Weiss Ratings reiterated a "hold (c)" rating on shares of Blackstone in a research note on Wednesday, January 21st. BMO Capital Markets lowered their price target on Blackstone from $180.00 to $165.00 and set an "outperform" rating on the stock in a research note on Monday, February 2nd. UBS Group decreased their price objective on Blackstone from $171.00 to $137.00 and set a "neutral" rating on the stock in a report on Friday, February 20th. HSBC dropped their target price on shares of Blackstone from $178.00 to $174.00 and set a "hold" rating for the company in a report on Wednesday, January 28th. Finally, Piper Sandler lowered their price target on shares of Blackstone from $168.00 to $158.00 and set a "neutral" rating on the stock in a research report on Monday, February 2nd. Eleven investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $165.86.

About Blackstone

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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