John & Kathleen Schreiber Foundation Reduces Position in Blackstone Inc. $BX

Key Points

• John & Kathleen Schreiber Foundation trimmed its position in Blackstone by 3.0%, selling 25,370 shares to hold 810,823 shares worth about $138.53 million, which represent roughly 89.7% of the foundation’s investment portfolio.
• Blackstone reported a quarterly beat (EPS $1.75 vs. $1.54 and revenue $4.36B vs. $3.69B, +41.4% YoY) and raised its quarterly dividend to $1.49 (annualized $5.96, ~5.9% yield).
• Despite the results, BX shares are trading sharply lower (~$101.80), analysts are split (11 Buy / 11 Hold) with a consensus target of $165.86, and market commentary highlights premium valuation and sector headwinds; institutional investors own about 70% of the stock.

John & Kathleen Schreiber Foundation lessened its stake in Blackstone Inc. (NYSE:BX - Free Report) by 3.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 810,823 shares of the asset manager's stock after selling 25,370 shares during the period. Blackstone comprises about 89.7% of John & Kathleen Schreiber Foundation's investment portfolio, making the stock its largest position. John & Kathleen Schreiber Foundation owned approximately 0.11% of Blackstone worth $138,529,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Invesco Ltd. boosted its stake in shares of Blackstone by 11.3% during the third 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 in the last quarter. Seven Mile Advisory increased its holdings in shares of Blackstone by 10.2% during the third quarter. Seven Mile Advisory now owns 3,348 shares of the asset manager's stock valued at $572,000 after acquiring an additional 311 shares in the last quarter. BOKF NA raised its position in shares of Blackstone by 1.6% in the 3rd quarter. BOKF NA now owns 29,401 shares of the asset manager's stock worth $5,023,000 after acquiring an additional 459 shares in the last quarter. Elevatus Welath Management purchased a new stake in Blackstone in the 3rd quarter valued at about $2,559,000. Finally, Mackenzie Financial Corp increased its position in shares of Blackstone by 2.1% during the third quarter. Mackenzie Financial Corp now owns 904,237 shares of the asset manager's stock valued at $154,489,000 after acquiring an additional 18,339 shares during the last quarter. 70.00% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on BX shares. Citigroup restated a "market outperform" rating on shares of Blackstone in a research note on Friday, January 30th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Blackstone in a research note on Wednesday, January 21st. HSBC decreased their price target on shares of Blackstone from $178.00 to $174.00 and set a "hold" rating for the company in a research note on Wednesday, January 28th. Jefferies Financial Group decreased their price target on shares of Blackstone from $185.00 to $161.00 and set a "buy" rating for the company in a research note on Tuesday, February 10th. Finally, Rothschild & Co Redburn dropped their target price on Blackstone from $165.00 to $158.00 and set a "neutral" rating for the company in a research report on Monday, February 2nd. Eleven analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $165.86.

Blackstone Trading Down 5.1%

Shares of Blackstone stock opened at $101.80 on Friday. Blackstone Inc. has a 1 year low of $101.73 and a 1 year high of $190.09. The stock has a market cap of $75.55 billion, a PE ratio of 26.24, a price-to-earnings-growth ratio of 0.85 and a beta of 1.79. The firm has a fifty day moving average price of $135.89 and a 200 day moving average price of $151.02. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.76 and a quick ratio of 0.76.

Blackstone (NYSE:BX - Get Free Report) last posted its quarterly earnings results on Thursday, January 29th. The asset manager reported $1.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.54 by $0.21. Blackstone had a return on equity of 22.17% and a net margin of 20.89%.The business had revenue of $4.36 billion for the quarter, compared to analysts' expectations of $3.69 billion. The firm's quarterly revenue was up 41.4% compared to the same quarter last year. During the same quarter last year, the business earned $1.69 earnings per share. Equities research analysts predict that Blackstone Inc. will post 5.87 earnings per share for the current 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 dividend of $1.49 per share. This is a boost from Blackstone's previous quarterly dividend of $1.29. This represents a $5.96 annualized dividend and a dividend yield of 5.9%. The ex-dividend date was Monday, February 9th. Blackstone's dividend payout ratio (DPR) is currently 153.61%.

More Blackstone News

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone’s Energy Transition arm agreed to acquire a majority stake in Advanced Cooling Technologies (ACT), expanding BX’s industrial/energy-transition exposure and showing continued deal deployment and capital recycling in thematic areas investors favor. Blackstone Energy Transition Partners Announces Agreement to Acquire Majority Stake in Advanced Cooling Technologies
• Positive Sentiment: Reports say Anthropic is in talks with Blackstone and other PE firms to form a JV to embed AI across their portfolio companies — a strategic initiative that could boost operating efficiency and portfolio company margins if executed, increasing future returns on deployed capital. Bosa/Wu: Private equity is about to eat its own software portfolio
• Negative Sentiment: Analysts and valuation screens highlight BX’s premium multiples — forward P/E notably above industry averages — which can magnify downside during sector rotations and limits near-term upside for the stock. Premium Valuation: Should Investors Still Consider Blackstone Stock?
• Negative Sentiment: Analysts are trimming fair-value estimates and flagging pressures from BCRED redemptions and retail credit flows that could weigh on fee-related earnings and liquidity sentiment for Blackstone’s credit and alternatives products. How The Blackstone (BX) Story Is Shifting With BCRED Pressures And Alternatives Growth Potential
• Negative Sentiment: Broader private-equity stocks have been sharply lower recently (reports of 30–40% drops in some names), a sector move that increases downside risk for BX through multiple compression and investor risk-off flows. Private equity stocks down 30-40% in three months, bigger worry than geopolitical risk

Insider Activity at Blackstone

In related news, major shareholder Holdings Iv Gp Mana Blackstone acquired 1,146,789 shares of the business's stock in a transaction dated Monday, February 23rd. The shares were bought at an average price of $26.16 per share, with a total value of $30,000,000.24. Following the transaction, the insider directly owned 16,716,249 shares of the company's stock, valued at $437,297,073.84. This trade represents a 7.37% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the firm's stock in a transaction on Friday, February 27th. The shares were sold at an average price of $10.00, for a total value of $15,961,420.00. Additional details regarding this sale are available in the official SEC disclosure. 1.00% of the stock is currently owned by company insiders.

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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