M&T Bank Corp Sells 10,035 Shares of Blackstone Inc. $BX

Key Points

• M&T Bank trimmed its position in Blackstone by 9.5%, selling 10,035 shares in Q4 and now holds 95,078 shares valued at about $14.66 million.
• Major insider moves included Bx Buzz Ml-1 Gp LLC selling 7.48 million shares (a 99.66% reduction) while Holdings IV GP Mana Blackstone bought 2.87 million shares; insiders net sold 9,103,660 shares (~$46M) over the last three months and now own about 1% of the company.
• Corporate catalysts: Blackstone declared a quarterly dividend of $1.16 (annualized $4.64, 3.8% yield, 152% payout ratio) and is backing a ~$1.5B AI joint venture with Anthropic while planning a ~$1.7–1.75B data‑center vehicle, both potential fee and growth drivers.

M&T Bank Corp lessened its holdings in Blackstone Inc. (NYSE:BX - Free Report) by 9.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 95,078 shares of the asset manager's stock after selling 10,035 shares during the quarter. M&T Bank Corp's holdings in Blackstone were worth $14,656,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in BX. Brighton Jones LLC increased its holdings in Blackstone by 34.6% during the fourth quarter. Brighton Jones LLC now owns 7,917 shares of the asset manager's stock worth $1,365,000 after buying an additional 2,035 shares during the last quarter. Sivia Capital Partners LLC increased its holdings in shares of Blackstone by 9.3% in the second quarter. Sivia Capital Partners LLC now owns 2,076 shares of the asset manager's stock valued at $310,000 after purchasing an additional 177 shares during the last quarter. United Bank increased its holdings in shares of Blackstone by 14.7% in the second quarter. United Bank now owns 13,528 shares of the asset manager's stock valued at $2,024,000 after purchasing an additional 1,729 shares during the last quarter. Nebula Research & Development LLC acquired a new position in shares of Blackstone in the second quarter valued at about $1,124,000. Finally, Sei Investments Co. grew its stake in shares of Blackstone by 1.9% in the second quarter. Sei Investments Co. now owns 452,619 shares of the asset manager's stock valued at $67,703,000 after acquiring an additional 8,655 shares in the last quarter. 70.00% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the business's stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $3.51, for a total transaction of $26,246,039.04. Following the completion of the transaction, the insider owned 25,832 shares of the company's stock, valued at approximately $90,670.32. The trade was a 99.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Holdings Iv Gp Mana Blackstone bought 2,868,069 shares of the company's stock in a transaction that occurred on Friday, March 20th. The stock was purchased 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 in the company, valued at $487,129,914.25. The trade was a 18.20% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders sold a total of 9,103,660 shares of company stock worth $45,982,920 over the last three months. Company insiders own 1.00% of the company's stock.

Blackstone Trading Down 2.5%

NYSE BX opened at $123.18 on Tuesday. The business's fifty day moving average is $115.95 and its 200-day moving average is $136.94. Blackstone Inc. has a one year low of $101.73 and a one year high of $190.09. The stock has a market capitalization of $91.42 billion, a price-to-earnings ratio of 31.50, a PEG ratio of 1.38 and a beta of 1.63. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.76 and a quick ratio of 0.76.

Blackstone (NYSE:BX - Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The asset manager reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.02. The company had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.45 billion. Blackstone had a return on equity of 22.86% and a net margin of 20.67%.The firm's revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.11 EPS. Equities research analysts predict that Blackstone Inc. will post 5.91 EPS for the current year.

Blackstone Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Stockholders of record on Monday, May 4th will be issued a dividend of $1.16 per share. The ex-dividend date of this dividend is Monday, May 4th. This represents a $4.64 annualized dividend and a dividend yield of 3.8%. Blackstone's payout ratio is presently 152.43%.

Blackstone News Summary

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone is a lead backer in a new $1.5 billion joint venture with AI firm Anthropic and other Wall Street firms to sell AI tools to private‑equity‑owned companies — this could drive recurring consulting and platform fees across Blackstone’s portfolio and third‑party clients. Anthropic and Wall Street titans form $1.5 billion consulting joint venture - FT Anthropic teams with Goldman, Blackstone and others on $1.5 billion AI venture targeting PE-owned firms
• Positive Sentiment: Blackstone is spinning up a data‑center vehicle (Blackstone Digital Infrastructure Trust, ticker BXDC) that aims to raise ~$1.7–1.75 billion for newly built, hyperscaler‑leased assets — a potential fee‑earning asset‑management growth driver and a way to crystallize value in digital infrastructure. Blackstone vehicle aims to raise over $1.7 billion in US IPO for data center bet Blackstone data center REIT IPO seeks $1.75 billion
• Neutral Sentiment: Coverage comparing Blackstone (BX) to peers (e.g., Orix/IX) and valuation write‑ups may be reinforcing mixed investor views on BX’s current multiple and growth expectations; these analyses can influence trading but are not direct company catalysts. IX vs. BX: Which Stock Is the Better Value Option? IX vs. BX: Which Stock Is the Better Value Option? - Zacks
• Neutral Sentiment: Retail/bullish commentary and note summaries (social media and financial sites) are circulating a buy thesis for BX, but these are secondary to company announcements and macro flows. Is Blackstone Inc. (BX) A Good Stock To Buy Now?
• Negative Sentiment: An insider (Vikrant Sawhney) reported a sale of 30,014 BX shares — a modest potential negative signal that some traders use to justify caution, though insider sales are frequently routine. Vikrant Sawhney Sells 30,014 Shares of Blackstone NYSE: BX Stock

Analysts Set New Price Targets

BX has been the subject of several recent analyst reports. Zacks Research cut shares of Blackstone from a "hold" rating to a "strong sell" rating in a research report on Wednesday, April 29th. Rothschild & Co Redburn decreased their target price on shares of Blackstone from $138.00 to $134.00 and set a "neutral" rating for the company in a research report on Friday, April 24th. Argus reduced their price objective on shares of Blackstone from $163.00 to $146.00 and set a "buy" rating for the company in a research report on Tuesday, April 28th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Blackstone in a research report on Monday, April 20th. Finally, Morgan Stanley cut their target price on Blackstone from $215.00 to $184.00 and set an "overweight" rating on the stock in a report on Tuesday, April 21st. Eleven analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Blackstone has a consensus rating of "Hold" and a consensus target price of $150.95.

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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