OFI Invest Asset Management Invests $22.72 Million in Blackstone Inc. $BX

Key Points

• OFI Invest Asset Management purchased a new position of 147,370 shares in Blackstone (NYSE:BX) in Q4, valued at approximately $22.72 million.
• Blackstone completed strong capital-marketing moves — closing its flagship opportunistic credit fund (COF V) at over $10 billion and selling a roughly $723 million stake in Legence — which support fee revenue, AUM growth and realizations.
• The firm beat Q4 estimates with $1.75 EPS and 41.4% YoY revenue growth, and raised its quarterly dividend to $1.49 (annualized $5.96, ~5.1% yield), though the dividend payout ratio remains high at ~153.6%.

OFI Invest Asset Management purchased a new position in shares of Blackstone Inc. (NYSE:BX - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 147,370 shares of the asset manager's stock, valued at approximately $22,716,000.

Several other large investors have also recently bought and sold shares of BX. REAP Financial Group LLC purchased a new position in shares of Blackstone in the third quarter valued at $26,000. Redmont Wealth Advisors LLC purchased a new position in shares of Blackstone in the third quarter valued at $30,000. Strive Asset Management LLC purchased a new position in shares of Blackstone in the third quarter valued at $30,000. Kelleher Financial Advisors acquired a new stake in shares of Blackstone during the third quarter valued at $34,000. Finally, Parvin Asset Management LLC acquired a new stake in shares of Blackstone during the second quarter valued at $35,000. Hedge funds and other institutional investors own 70.00% of the company's stock.

Trending Headlines about Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone closed its flagship opportunistic credit fund (COF V) at over $10 billion, hitting the hard cap — an oversubscribed close that supports fee-related revenue, AUM growth and validates demand for BX’s credit strategies. Blackstone Closes Flagship Opportunistic Credit Fund at Over $10B
• Positive Sentiment: Blackstone sold a roughly $723 million stake in Legence to strong demand — a successful partial exit that crystallizes value, boosts realizations and can fund distributions or redeployments. Legence draws strong demand as Blackstone sells $723M stake
• Positive Sentiment: Blackstone is part of a consortium that agreed to buy UK aerospace supplier Senior Plc — deal activity supports BX’s deployment track record and potential future fee capture. Senior Plc agrees to Tinicum-Blackstone offer
• Neutral Sentiment: Jefferies trimmed its price target (to $143) but kept a buy rating — still shows upside in some analysts’ models despite a lower target. Jefferies adjusts price target on Blackstone
• Neutral Sentiment: Barclays trimmed its target slightly to $124 and kept an equal-weight rating — modestly lower expectations but no rating downgrade. Barclays adjusts price target on Blackstone
• Negative Sentiment: Piper Sandler cut its price target to $122 and moved to a neutral/hold posture on BX — another sell-side downward revision that pressures sentiment. Piper Sandler Lowers Blackstone Price Target
• Negative Sentiment: Goldman Sachs lowered its price target to $118 — a direct bearish signal from a major bank that likely contributed to near-term selling pressure. Goldman Sachs Lowers Blackstone Price Target

Blackstone Price Performance

BX stock opened at $117.61 on Thursday. The company has a market capitalization of $87.29 billion, a PE ratio of 30.31, a P/E/G ratio of 0.90 and a beta of 1.74. The stock's 50 day moving average is $118.82 and its two-hundred day moving average is $142.24. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.61. Blackstone Inc. has a 52-week low of $101.73 and a 52-week high of $190.09.

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, topping analysts' consensus estimates of $1.54 by $0.21. The company had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $3.69 billion. Blackstone had a net margin of 20.89% and a return on equity of 22.17%. The company's revenue for the quarter was up 41.4% on a year-over-year basis. During the same period last year, the firm posted $1.69 EPS. Analysts predict that Blackstone Inc. will post 5.87 earnings per share for the current fiscal year.

Blackstone Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th were paid a $1.49 dividend. The ex-dividend date of this dividend was Monday, February 9th. This represents a $5.96 dividend on an annualized basis and a dividend yield of 5.1%. This is a boost from Blackstone's previous quarterly dividend of $1.29. Blackstone's dividend payout ratio (DPR) is presently 153.61%.

Insider Transactions at Blackstone

In other news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the business's stock in a transaction on Friday, February 27th. The stock was sold at an average price of $10.00, for a total transaction of $15,961,420.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the business's stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $3.51, for a total value of $26,246,039.04. Following the sale, the insider directly owned 25,832 shares in the company, valued at $90,670.32. This trade represents a 99.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.00% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts recently commented on BX shares. Rothschild & Co Redburn decreased their price objective on Blackstone from $165.00 to $158.00 and set a "neutral" rating on the stock in a research note on Monday, February 2nd. Citigroup reissued a "market outperform" rating on shares of Blackstone in a research note on Friday, January 30th. Barclays decreased their price target on Blackstone from $126.00 to $124.00 and set an "equal weight" rating on the stock in a research note on Wednesday. The Goldman Sachs Group decreased their price target on Blackstone from $158.00 to $118.00 and set a "neutral" rating on the stock in a research note on Monday. Finally, Jefferies Financial Group decreased their price target on Blackstone from $161.00 to $143.00 and set a "buy" rating on the stock in a research note on Wednesday. Ten analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $159.43.

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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