Blackstone Inc. $BX Stock Position Raised by VCI Wealth Management LLC

VCI Wealth Management LLC raised its position in shares of Blackstone Inc. (NYSE:BX) by 58.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,286 shares of the asset manager’s stock after purchasing an additional 4,915 shares during the quarter. VCI Wealth Management LLC’s holdings in Blackstone were worth $2,048,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of BX. Jain Global LLC purchased a new position in Blackstone in the third quarter valued at about $9,116,000. Fayez Sarofim & Co increased its holdings in Blackstone by 1.9% in the third quarter. Fayez Sarofim & Co now owns 1,270,608 shares of the asset manager’s stock worth $217,083,000 after buying an additional 24,237 shares during the last quarter. Natixis Advisors LLC increased its stake in shares of Blackstone by 20.4% during the 3rd quarter. Natixis Advisors LLC now owns 840,401 shares of the asset manager’s stock worth $143,582,000 after purchasing an additional 142,479 shares during the last quarter. Close Asset Management Ltd boosted its holdings in Blackstone by 16,035.1% in the third quarter. Close Asset Management Ltd now owns 1,140,264 shares of the asset manager’s stock worth $194,746,000 after purchasing an additional 1,133,197 shares in the last quarter. Finally, Whittier Trust Co. raised its stake in shares of Blackstone by 2.1% in the 3rd quarter. Whittier Trust Co. now owns 346,318 shares of the asset manager’s stock valued at $58,337,000 after acquiring an additional 7,053 shares in the last quarter. Hedge funds and other institutional investors own 70.00% of the company’s stock.

More Blackstone News

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: JPMorgan raised its price target on BX to $142 (from $122) while keeping a neutral rating — the raise signals incremental confidence in Blackstone’s near-term earnings/cash‑flow outlook and provides upside to the stock. MarketScreener: JPMorgan adjusts price target on Blackstone
• Positive Sentiment: Analysts and previews (Zacks/Yahoo) expect Blackstone to report growing earnings next week and highlight factors that increase the likelihood of an earnings beat — stronger fee-related revenue and realized gains from investments. Earnings momentum is a primary driver for BX’s near‑term move. Yahoo: Blackstone earnings expected to grow
• Positive Sentiment: Blackstone shares rose after several major banks and asset managers reported better-than-expected Q1 results, which lifted sentiment across the alternatives/asset-management group and benefited BX as a large, diversified manager. Yahoo: Why Blackstone stock is trading up
• Neutral Sentiment: Comparative valuation pieces (IX vs. BX) are drawing investor attention to relative value in the alternatives space; these analyses may shift some flows but don’t change Blackstone’s fundamentals immediately. Watch headlines comparing Orix (IX) and BX for possible rotation. Yahoo: IX or BX — Which is the better value?
• Neutral Sentiment: Industry commentary on peers (e.g., TPG) highlights sector volatility and valuation re-pricing; useful context but not an immediate negative for BX. Investors should focus on Blackstone’s own earnings and fee-related revenue. MarketBeat: TPG and alternatives industry review

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Blackstone in a report on Wednesday, January 21st. Rothschild & Co Redburn decreased their price target on shares of Blackstone from $158.00 to $138.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. Citigroup restated a “market outperform” rating on shares of Blackstone in a research note on Friday, January 30th. The Goldman Sachs Group reduced their price objective on Blackstone from $158.00 to $118.00 and set a “neutral” rating for the company in a research report on Monday, April 6th. Finally, Oppenheimer raised shares of Blackstone from a “market perform” rating to an “outperform” rating and set a $154.00 price target for the company in a report on Monday, April 13th. Eleven equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, Blackstone presently has a consensus rating of “Moderate Buy” and a consensus target price of $156.45.

Insiders Place Their Bets

In other news, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $3.51, for a total transaction of $26,246,039.04. Following the completion of the sale, the insider owned 25,832 shares of the company’s stock, valued at approximately $90,670.32. This trade represents a 99.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder Holdings Iv Gp Mana Blackstone bought 2,868,069 shares of Blackstone stock in a transaction dated Friday, March 20th. The stock was acquired at an average cost of $26.15 per share, for a total transaction of $75,000,004.35. Following the completion of the acquisition, the insider directly owned 18,628,295 shares in the company, valued at $487,129,914.25. This represents a 18.20% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 1.00% of the company’s stock.

Blackstone Price Performance

Shares of BX stock traded up $0.92 during mid-day trading on Friday, reaching $129.05. The company’s stock had a trading volume of 7,636,111 shares, compared to its average volume of 9,052,466. The company has a market cap of $95.78 billion, a P/E ratio of 33.26, a PEG ratio of 1.32 and a beta of 1.74. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.76 and a current ratio of 0.76. Blackstone Inc. has a 1-year low of $101.73 and a 1-year high of $190.09. The firm’s 50-day moving average is $117.14 and its two-hundred day moving average is $139.58.

Blackstone (NYSE:BX) last released its quarterly earnings data on Thursday, January 29th. The asset manager reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.54 by $0.21. Blackstone had a return on equity of 22.17% and a net margin of 20.89%.The company had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $3.69 billion. During the same period in the previous year, the business earned $1.69 earnings per share. The company’s quarterly revenue was up 41.4% on a year-over-year basis. On average, research analysts predict that Blackstone Inc. will post 5.87 earnings per share for the current year.

Blackstone Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 9th were issued a dividend of $1.49 per share. The ex-dividend date of this dividend was Monday, February 9th. This represents a $5.96 annualized dividend and a yield of 4.6%. This is an increase from Blackstone’s previous quarterly dividend of $1.29. Blackstone’s payout ratio is 153.61%.

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.