DE Burlo Group Inc. Reduces Stake in Blackstone Inc. $BX

DE Burlo Group Inc. decreased its position in shares of Blackstone Inc. (NYSE:BX) by 11.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 57,450 shares of the asset manager’s stock after selling 7,500 shares during the quarter. Blackstone makes up about 1.2% of DE Burlo Group Inc.’s portfolio, making the stock its 28th biggest holding. DE Burlo Group Inc.’s holdings in Blackstone were worth $9,815,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of BX. REAP Financial Group LLC purchased a new stake in shares of Blackstone in the 3rd quarter valued at approximately $26,000. Redmont Wealth Advisors LLC acquired a new position in Blackstone in the third quarter valued at approximately $30,000. Traub Capital Management LLC acquired a new stake in Blackstone during the second quarter worth $27,000. Parvin Asset Management LLC purchased a new stake in Blackstone in the second quarter valued at $35,000. Finally, Rexford Capital Inc. purchased a new position in shares of Blackstone during the 2nd quarter worth $35,000. 70.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the firm’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $10.00, for a total value of $15,961,420.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder Holdings Iv Gp Mana Blackstone bought 1,146,789 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were purchased at an average price of $26.16 per share, with a total value of $30,000,000.24. Following the purchase, the insider owned 16,716,249 shares of the company’s stock, valued at approximately $437,297,073.84. This represents a 7.37% increase in their position. The SEC filing for this purchase provides additional information. 1.00% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Barclays decreased their target price on shares of Blackstone from $164.00 to $126.00 and set an “equal weight” rating on the stock in a research report on Monday, March 2nd. UBS Group reduced their price target on shares of Blackstone from $171.00 to $137.00 and set a “neutral” rating on the stock in a research note on Friday, February 20th. BMO Capital Markets lowered their price objective on shares of Blackstone from $180.00 to $165.00 and set an “outperform” rating for the company in a research report on Monday, February 2nd. Citigroup reissued a “market outperform” rating on shares of Blackstone in a research report on Friday, January 30th. Finally, Piper Sandler dropped their price objective on Blackstone from $168.00 to $158.00 and set a “neutral” rating for the company in a research note on Monday, February 2nd. Eleven analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $165.86.

Blackstone Price Performance

Blackstone stock opened at $109.92 on Wednesday. The company’s 50 day moving average is $137.88 and its two-hundred day moving average is $151.68. The firm has a market cap of $81.58 billion, a PE ratio of 28.33, a price-to-earnings-growth ratio of 0.95 and a beta of 1.79. 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 $105.09 and a 52-week high of $190.09.

Blackstone (NYSE:BX) last announced its quarterly earnings data on Thursday, January 29th. The asset manager reported $1.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.54 by $0.21. Blackstone had a return on equity of 22.17% and a net margin of 20.89%.The business had revenue of $4.36 billion for the quarter, compared to analysts’ expectations of $3.69 billion. During the same period last year, the firm earned $1.69 earnings per share. The company’s revenue for the quarter was up 41.4% compared to the same quarter last year. On average, research analysts expect 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 Tuesday, February 17th. Stockholders of record on Monday, February 9th were given a dividend of $1.49 per share. This is a boost from Blackstone’s previous quarterly dividend of $1.29. This represents a $5.96 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend was Monday, February 9th. Blackstone’s dividend payout ratio is presently 153.61%.

Key Stories Impacting Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone and Blue Owl Capital agreed to acquire a stake in private‑equity firm Atlas, signaling continued deal flow and partnership activity that can drive fee and carry income. Article Title
• Positive Sentiment: Blackstone Life Sciences struck a co‑funding arrangement with Johnson & Johnson on a cancer therapy trial and the firm is exploring an acquisition of Whitestone REIT—moves that diversify revenue sources beyond private credit. Article Title
• Neutral Sentiment: Commentary in the WSJ highlights that large, diversified asset managers like Blackstone and BlackRock are better positioned to absorb shocks in private credit, suggesting resilience but not immediate relief to valuation pressure. Article Title
• Negative Sentiment: Short interest jumped ~27.8% in February to 16.63M shares (about 2.3% of float), increasing bearish pressure and potential downward momentum if shorts accelerate. (Days‑to‑cover ≈ 1.6.)
• Negative Sentiment: Unusually large put option activity — ~29,939 puts traded (up 62% vs. norm) — indicates elevated hedging or outright bearish bets from options traders.
• Negative Sentiment: Ongoing concerns about heavy redemptions in Blackstone’s flagship BCRED private‑credit fund (record requests, a $400M capital injection and higher share repurchase cap) are weighing on sentiment and valuation. Article Title
• Negative Sentiment: Barclays cut its price target on BX to $126 from $164, reflecting revised estimates for alternative asset managers and contributing to near‑term selling pressure. Article Title
• Negative Sentiment: Multiple analyst pieces and commentaries are questioning whether to sell given private‑credit woes and recent share weakness, which can amplify outflows and downward momentum. Article Title

About Blackstone

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.