Rep. Julie Johnson Sells Blackstone Inc. (NYSE:BX) Shares

Representative Julie Johnson (D-Texas) recently sold shares of Blackstone Inc. (NYSE:BX). In a filing disclosed on December 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Blackstone stock on November 13th. The trade occurred in the Representative’s “CHASE BROKERAGE ACCOUNT (3935)” account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Cigna Group (NYSE:CI) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Xcel Energy (NASDAQ:XEL) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Capital One Financial (NYSE:COF) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Wells Fargo & Company (NYSE:WFC) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Texas Instruments (NASDAQ:TXN) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 11/13/2025.

Blackstone Stock Down 1.9%

Shares of NYSE BX opened at $151.13 on Monday. The firm has a market cap of $111.60 billion, a price-to-earnings ratio of 43.18, a price-to-earnings-growth ratio of 1.20 and a beta of 1.76. The company’s 50-day simple moving average is $150.41 and its 200-day simple moving average is $158.82. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.60. Blackstone Inc. has a 52-week low of $115.66 and a 52-week high of $192.17.

Blackstone (NYSE:BX) last released its earnings results on Friday, November 22nd. The asset manager reported $0.97 earnings per share for the quarter. Blackstone had a return on equity of 22.30% and a net margin of 20.56%.The business had revenue of $2.49 billion for the quarter. Equities analysts predict that Blackstone Inc. will post 5.87 EPS for the current fiscal year.

Blackstone Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 10th. Shareholders of record on Monday, November 3rd were issued a dividend of $1.29 per share. The ex-dividend date of this dividend was Monday, November 3rd. This is a positive change from Blackstone’s previous quarterly dividend of $1.03. This represents a $5.16 annualized dividend and a yield of 3.4%. Blackstone’s payout ratio is 147.43%.

Institutional Trading of Blackstone

A number of large investors have recently made changes to their positions in the company. 1248 Management LLC purchased a new position in shares of Blackstone during the first quarter worth approximately $25,000. REAP Financial Group LLC acquired a new stake in Blackstone in the third quarter valued at $26,000. Traub Capital Management LLC purchased a new stake in shares of Blackstone in the second quarter valued at about $27,000. Wealth Preservation Advisors LLC purchased a new stake in Blackstone in the 1st quarter valued at approximately $28,000. Finally, Anderson Financial Strategies LLC purchased a new position in Blackstone during the first quarter worth $28,000. 70.00% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on BX shares. Morgan Stanley lifted their target price on shares of Blackstone from $200.00 to $215.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 21st. JMP Securities reaffirmed a “market outperform” rating and issued a $195.00 price target on shares of Blackstone in a report on Friday, October 24th. HSBC lowered their price target on shares of Blackstone from $179.00 to $178.00 in a research report on Monday, October 27th. Barclays upped their price objective on Blackstone from $165.00 to $172.00 and gave the company an “equal weight” rating in a report on Friday. Finally, TD Cowen decreased their price objective on shares of Blackstone from $208.00 to $205.00 and set a “buy” rating on the stock in a report on Friday, October 24th. Ten research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $178.84.

Insider Transactions at Blackstone

In other news, major shareholder Holdings Iv Gp Mana Blackstone bought 385,208 shares of Blackstone stock in a transaction on Friday, November 21st. The shares were bought at an average cost of $25.96 per share, for a total transaction of $9,999,999.68. Following the acquisition, the insider owned 16,332,883 shares in the company, valued at approximately $424,001,642.68. This trade represents a 2.42% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, major shareholder Private Multi-Asset Blackstone acquired 2,538,071 shares of Blackstone stock in a transaction that occurred on Monday, September 22nd. The shares were purchased at an average cost of $25.61 per share, for a total transaction of $64,999,998.31. Following the purchase, the insider directly owned 7,506,209 shares of the company’s stock, valued at approximately $192,234,012.49. This trade represents a 51.09% increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired a total of 2,950,751 shares of company stock worth $79,050,138 in the last ninety days. Company insiders own 1.00% of the company’s stock.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

About Blackstone

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.