Teacher Retirement System of Texas Buys 20,011 Shares of Blackstone Inc. $BX

Key Points

• Teacher Retirement System of Texas raised its stake in Blackstone by 17.8%, buying 20,011 shares to hold 132,603 shares valued at about $20.44 million per its latest SEC filing.
• Blackstone beat Q1 expectations (EPS $1.36 vs. $1.34) and reported record fee‑earning AUM, announced a quarterly dividend of $1.16 (annualized $4.64, ~3.8% yield), while analysts are mixed with a consensus target price of $151.45 (11 Buy, 11 Hold).

Teacher Retirement System of Texas raised its stake in Blackstone Inc. (NYSE:BX - Free Report) by 17.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 132,603 shares of the asset manager's stock after buying an additional 20,011 shares during the period. Teacher Retirement System of Texas' holdings in Blackstone were worth $20,439,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in BX. REAP Financial Group LLC bought a new stake in shares of Blackstone during the 3rd quarter valued at about $26,000. Family CFO Inc bought a new stake in shares of Blackstone during the 4th quarter valued at about $28,000. Richardson Financial Services Inc. bought a new stake in shares of Blackstone during the 4th quarter valued at about $29,000. Redmont Wealth Advisors LLC bought a new stake in shares of Blackstone during the 3rd quarter valued at about $30,000. Finally, Strive Asset Management LLC bought a new stake in shares of Blackstone during the 3rd quarter valued at about $30,000. Institutional investors own 70.00% of the company's stock.

Analysts Set New Price Targets

BX has been the topic of several research analyst reports. Argus cut their target price on Blackstone from $195.00 to $163.00 and set a "buy" rating on the stock in a research report on Wednesday, February 4th. HSBC dropped their price target on Blackstone from $164.00 to $131.00 and set a "hold" rating on the stock in a research note on Friday, April 10th. BMO Capital Markets upped their price target on Blackstone from $126.00 to $132.00 and gave the stock an "outperform" rating in a research note on Monday, April 13th. JPMorgan Chase & Co. dropped their price target on Blackstone from $142.00 to $136.00 and set a "neutral" rating on the stock in a research note on Friday. Finally, Jefferies Financial Group dropped 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, April 8th. Eleven analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, Blackstone presently has an average rating of "Moderate Buy" and a consensus target price of $151.45.

Blackstone Stock Performance

Shares of Blackstone stock opened at $121.77 on Friday. The company has a market cap of $90.38 billion, a PE ratio of 31.14, a price-to-earnings-growth ratio of 1.27 and a beta of 1.74. Blackstone Inc. has a 52 week low of $101.73 and a 52 week high of $190.09. The business has a 50 day moving average price of $116.60 and a 200-day moving average price of $138.34. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.66.

Blackstone (NYSE:BX - Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The asset manager reported $1.36 EPS for the quarter, topping the consensus estimate of $1.34 by $0.02. The firm had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.45 billion. Blackstone had a return on equity of 22.86% and a net margin of 20.67%.The company's quarterly revenue was up 10.0% compared to the same quarter last year. During the same period in the prior year, the business posted $1.11 earnings per share. Equities analysts anticipate that Blackstone Inc. will post 6.12 earnings per share for the current fiscal year.

Blackstone Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Stockholders of record on Monday, May 4th will be paid a $1.16 dividend. 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 dividend payout ratio is 153.61%.

Trending Headlines about Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Q1 beat and record AUM — Blackstone reported Q1 results above estimates, fee‑earning AUM hit a record and management flagged strong AI infrastructure and fee‑related earnings growth, a clear fundamental positive for growth and fee visibility. Blackstone Inc (BX) Q1 2026 Earnings Call Highlights
• Positive Sentiment: Dividend boost — Blackstone declared a $1.16 quarterly dividend (annualized yield ~3.8%), supporting income investors and providing a valuation floor.
• Positive Sentiment: Oppenheimer raised its price target to $156 (outperform), signaling some buy‑side conviction that valuation upside remains despite recent volatility. Oppenheimer raises Blackstone PT to $156
• Positive Sentiment: AI infrastructure exposure — Blackstone‑backed AirTrunk exploring bonds to fund data center expansion highlights the firm's exposure to growing AI infrastructure demand, a growth theme investors like. Blackstone-Backed AirTrunk Explores A$500M Bond
• Neutral Sentiment: Mixed analyst moves — Several firms trimmed price targets but left ratings intact (Deutsche Bank to $146, TD Cowen to $140, Rothschild & Co Redburn to $134), reflecting modestly reduced upside assumptions but not broad sell calls. Deutsche Bank adjusts Blackstone PT to $146 Rothschild & Co Redburn adjusts PT to $134 TD Cowen adjusts PT to $140
• Neutral Sentiment: Other analyst note — Morgan Stanley issued a different PT action (recent coverage note), adding to mixed signals from brokers. Morgan Stanley Lowers Blackstone PT to $184
• Negative Sentiment: Private‑credit stress — WSJ reports two large loan defaults (Medallia, Affordable Care) that hit private‑credit lenders including Blackstone, raising short‑term loss and mark risks in Blackstone’s private‑credit portfolios. Two Big Loan Defaults Add to Pain in Private‑Credit Funds
• Negative Sentiment: Negative market narrative / short interest — Jim Cramer noted heavy short‑seller interest in BX, which can amplify downside on mixed headlines even if fundamentals remain intact. Jim Cramer on Blackstone: “Too Many Short Sellers, But Not a Lot of Failures”

Insider Transactions at Blackstone

In related news, major shareholder Holdings Iv Gp Mana Blackstone acquired 2,868,069 shares of the stock in a transaction dated Friday, March 20th. The stock was purchased at an average cost of $26.15 per share, with a total value of $75,000,004.35. Following the completion of the purchase, the insider directly owned 18,628,295 shares in the company, valued at $487,129,914.25. This trade represents a 18.20% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was 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. Company insiders own 1.00% of the company's stock.

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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