Blackstone (NYSE:BX) Shares Acquired Rep. Marjorie Taylor Greene

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Blackstone Inc. (NYSE:BX). In a filing disclosed on May 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Blackstone stock on May 5th. The trade occurred in the Representative’s “MARJORIE IRA” account.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of Occidental Petroleum (NYSE:OXY) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of Paychex (NASDAQ:PAYX) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of MercadoLibre (NASDAQ:MELI) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of Starbucks (NASDAQ:SBUX) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of BP (NYSE:BP) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of Gilead Sciences (NASDAQ:GILD) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 5/5/2025.

Blackstone Price Performance

NYSE BX opened at $136.11 on Thursday. The stock has a 50-day moving average of $137.46 and a 200 day moving average of $162.68. Blackstone Inc. has a one year low of $115.66 and a one year high of $200.96. The company has a market capitalization of $99.28 billion, a price-to-earnings ratio of 37.49, a PEG ratio of 1.07 and a beta of 1.67. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.71 and a current ratio of 0.67.

Blackstone (NYSE:BX) last issued its quarterly earnings data on Thursday, April 17th. The asset manager reported $1.09 earnings per share for the quarter, missing the consensus estimate of $1.22 by ($0.13). The business had revenue of $2.76 billion during the quarter, compared to the consensus estimate of $2.95 billion. Blackstone had a return on equity of 19.58% and a net margin of 20.99%. During the same quarter last year, the company earned $0.98 EPS. On average, sell-side analysts forecast that Blackstone Inc. will post 5.87 EPS for the current year.

Blackstone Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, May 5th. Investors of record on Monday, April 28th were given a dividend of $0.93 per share. This represents a $3.72 annualized dividend and a dividend yield of 2.73%. The ex-dividend date of this dividend was Monday, April 28th. Blackstone’s dividend payout ratio (DPR) is currently 112.05%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BX. Bangor Savings Bank raised its stake in shares of Blackstone by 187.5% during the 4th quarter. Bangor Savings Bank now owns 161 shares of the asset manager’s stock worth $28,000 after buying an additional 105 shares during the period. Hager Investment Management Services LLC acquired a new stake in shares of Blackstone in the fourth quarter valued at about $28,000. von Borstel & Associates Inc. purchased a new position in Blackstone in the 1st quarter valued at about $28,000. Centricity Wealth Management LLC acquired a new position in shares of Blackstone during the fourth quarter valued at approximately $30,000. Finally, Murphy & Mullick Capital Management Corp acquired a new position in Blackstone in the 4th quarter valued at $33,000. Institutional investors and hedge funds own 70.00% of the company’s stock.

Insider Transactions at Blackstone

In other news, Director Ruth Porat bought 237 shares of Blackstone stock in a transaction on Monday, May 5th. The shares were bought at an average cost of $136.33 per share, with a total value of $32,310.21. Following the completion of the purchase, the director now directly owns 37,067 shares of the company’s stock, valued at approximately $5,053,344.11. This trade represents a 0.64 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Private Credit Stra Blackstone purchased 1,660,000 shares of the business’s stock in a transaction dated Thursday, May 1st. The shares were purchased at an average price of $15.00 per share, with a total value of $24,900,000.00. Following the acquisition, the insider now directly owns 1,666,667 shares in the company, valued at approximately $25,000,005. The trade was a 24,898.76 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 1,660,538 shares of company stock valued at $24,981,930. Corporate insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on BX shares. Cowen reaffirmed a “buy” rating on shares of Blackstone in a research report on Monday, April 21st. UBS Group lowered their price target on shares of Blackstone from $180.00 to $175.00 and set a “buy” rating for the company in a research report on Tuesday, April 22nd. StockNews.com cut Blackstone from a “buy” rating to a “hold” rating in a research report on Friday, January 31st. JMP Securities reiterated a “market outperform” rating and issued a $165.00 target price on shares of Blackstone in a report on Thursday, April 24th. Finally, TD Cowen decreased their target price on shares of Blackstone from $233.00 to $147.00 and set a “buy” rating for the company in a research report on Wednesday, April 9th. Ten investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $154.82.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia’s 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 14th Congressional District. She declared candidacy for the 2026 election.

Blackstone Company Profile

Blackstone Inc is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services.