F m Investments LLC Purchases 24,112 Shares of Blackstone Inc. $BX

Key Points

• F m Investments LLC increased its Blackstone stake by 46.2% in the third quarter, buying 24,112 shares to hold 76,353 shares worth about $13.05 million.
• Notable insider and institutional activity: Tactical Opportunit sold 1,596,142 shares at $10, Holdings IV GP Mana purchased 1,146,789 shares (now owns 16,716,249 shares), and large institutions like Vanguard and Norges Bank hold sizable positions as roughly 70% of BX is owned by hedge funds and other institutions.
• Recent fundamentals and payouts: Blackstone beat quarterly EPS estimates ($1.75 vs. $1.54) with revenue up 41.4%, raised its quarterly dividend to $1.49 (annualized $5.96, ~5.6% yield) despite a 153.6% payout ratio, and carries a consensus analyst rating of Moderate Buy with an average target around $165.86.

F m Investments LLC boosted its position in Blackstone Inc. (NYSE:BX - Free Report) by 46.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 76,353 shares of the asset manager's stock after acquiring an additional 24,112 shares during the period. F m Investments LLC's holdings in Blackstone were worth $13,045,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its position in Blackstone by 1.9% during the 3rd quarter. Vanguard Group Inc. now owns 70,827,437 shares of the asset manager's stock valued at $12,100,868,000 after purchasing an additional 1,335,060 shares during the last quarter. Norges Bank purchased a new position in shares of Blackstone during the second quarter valued at approximately $1,071,348,000. Legal & General Group Plc raised its holdings in shares of Blackstone by 3.2% during the third quarter. Legal & General Group Plc now owns 4,677,997 shares of the asset manager's stock valued at $799,236,000 after acquiring an additional 145,056 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Blackstone by 0.9% in the second quarter. Charles Schwab Investment Management Inc. now owns 4,200,194 shares of the asset manager's stock valued at $628,265,000 after acquiring an additional 37,327 shares in the last quarter. Finally, Invesco Ltd. increased its position in Blackstone by 11.3% during the 3rd quarter. Invesco Ltd. now owns 4,107,665 shares of the asset manager's stock valued at $701,795,000 after purchasing an additional 416,933 shares during the period. 70.00% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Blackstone news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of Blackstone stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $10.00, for a total value of $15,961,420.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Holdings Iv Gp Mana Blackstone purchased 1,146,789 shares of the business's stock in a transaction dated Monday, February 23rd. The shares were purchased at an average price of $26.16 per share, for a total transaction of $30,000,000.24. Following the acquisition, the insider owned 16,716,249 shares of the company's stock, valued at approximately $437,297,073.84. The trade was a 7.37% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 1.00% of the company's stock.

Key Stories Impacting Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Sector rebound lifts BX — Blackstone rose as private‑credit stocks broadly recovered, helping shares rebound after recent weakness in the group. Why Blackstone (BX) Stock Is Up Today
• Positive Sentiment: Record AUM supports fee growth — Blackstone’s assets under management hit about $1.27 trillion, boosting fee‑bearing capital and underpinning longer‑term earnings potential despite private‑credit headline risk. Will Blackstone's Rising AUM Balance Aid Long-Term Earnings Growth?
• Positive Sentiment: Long‑term performance track record — Analysis showing strong 10‑year returns highlights BX’s compounding of fee and carry businesses, supporting investor confidence over multi‑year horizons. $100 Invested In Blackstone 10 Years Ago Would Be Worth This Much Today
• Neutral Sentiment: AI/portfolio strategy talks — Reports that Anthropic has discussed a joint venture to embed AI across PE portfolios could lower software spend and boost margins, but implications and timing are uncertain. Private equity is about to eat its own software portfolio
• Negative Sentiment: Earlier private‑credit scare pushed shares down — A prior drop was linked to investor concern about private‑credit stability after a major bank announcement, feeding volatility in BX and peers. Why Blackstone (BX) Stock Is Trading Lower Today
• Negative Sentiment: Recent 52‑week low highlights downside sensitivity — Coverage noting BX at a 52‑week low underscores how quickly sentiment can swing on private‑credit headlines and macro concerns. Blackstone Stock Falls To 52-Week Low: Here's Why

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on BX shares. Jefferies Financial Group cut their target price on shares of Blackstone from $185.00 to $161.00 and set a "buy" rating on the stock in a research note on Tuesday, February 10th. Bank of America lowered their price objective on shares of Blackstone from $199.00 to $189.00 in a report on Wednesday, December 10th. Royal Bank Of Canada started coverage on Blackstone in a report on Monday, February 23rd. They set an "outperform" rating and a $179.00 target price on the stock. Barclays lowered their target price on Blackstone from $164.00 to $126.00 and set an "equal weight" rating for the company in a research note on Monday, March 2nd. Finally, Rothschild & Co Redburn reduced their price target on Blackstone from $165.00 to $158.00 and set a "neutral" rating on the stock in a research note on Monday, February 2nd. Eleven analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $165.86.

Blackstone Price Performance

BX stock opened at $106.62 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.76 and a current ratio of 0.76. The firm has a 50 day moving average price of $134.85 and a 200-day moving average price of $150.59. Blackstone Inc. has a 52-week low of $101.73 and a 52-week high of $190.09. The firm has a market capitalization of $79.13 billion, a price-to-earnings ratio of 27.48, a PEG ratio of 0.81 and a beta of 1.79.

Blackstone (NYSE:BX - Get Free Report) last posted its quarterly earnings data on Thursday, January 29th. The asset manager reported $1.75 earnings per share for the quarter, beating analysts' consensus estimates of $1.54 by $0.21. Blackstone had a return on equity of 22.17% and a net margin of 20.89%.The company had revenue of $4.36 billion during the quarter, compared to analyst estimates of $3.69 billion. During the same quarter last year, the company earned $1.69 EPS. The firm's revenue for the quarter was up 41.4% on a year-over-year basis. Equities research analysts forecast that Blackstone Inc. will post 5.87 EPS for the current fiscal year.

Blackstone Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th were given a $1.49 dividend. The ex-dividend date of this dividend was Monday, February 9th. This represents a $5.96 annualized dividend and a dividend yield of 5.6%. This is a boost from Blackstone's previous quarterly dividend of $1.29. Blackstone's payout ratio is presently 153.61%.

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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