31,604 Shares in Blackstone Inc. $BX Acquired by Caxton Associates LLP

Caxton Associates LLP acquired a new stake in shares of Blackstone Inc. (NYSE:BX) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 31,604 shares of the asset manager’s stock, valued at approximately $3,634,000.

Several other institutional investors have also recently made changes to their positions in BX. Brighton Jones LLC boosted its holdings in Blackstone by 34.6% in the fourth quarter. Brighton Jones LLC now owns 7,917 shares of the asset manager’s stock valued at $1,365,000 after purchasing an additional 2,035 shares during the last quarter. Sivia Capital Partners LLC raised its stake in shares of Blackstone by 9.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,076 shares of the asset manager’s stock valued at $310,000 after buying an additional 177 shares during the last quarter. United Bank lifted its holdings in shares of Blackstone by 14.7% in the 2nd quarter. United Bank now owns 13,528 shares of the asset manager’s stock valued at $2,024,000 after buying an additional 1,729 shares during the period. Nebula Research & Development LLC acquired a new stake in Blackstone during the second quarter worth about $1,124,000. Finally, Sei Investments Co. raised its position in Blackstone by 1.9% during the second quarter. Sei Investments Co. now owns 452,619 shares of the asset manager’s stock valued at $67,703,000 after acquiring an additional 8,655 shares in the last quarter. Hedge funds and other institutional investors own 70.00% of the company’s stock.

Blackstone Trading Up 1.5%

Shares of BX stock opened at $124.67 on Friday. Blackstone Inc. has a fifty-two week low of $101.73 and a fifty-two week high of $190.09. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.76 and a current ratio of 0.76. The stock’s fifty day moving average is $120.10 and its two-hundred day moving average is $124.81. The firm has a market capitalization of $92.61 billion, a P/E ratio of 31.88, a PEG ratio of 1.33 and a beta of 1.58.

Blackstone (NYSE:BX) last issued its earnings results on Thursday, July 23rd. The asset manager reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.34 by $0.18. The business had revenue of $5.04 billion during the quarter, compared to analysts’ expectations of $3.42 billion. Blackstone had a net margin of 20.67% and a return on equity of 22.86%. The company’s quarterly revenue was up 35.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.98 earnings per share. Research analysts expect that Blackstone Inc. will post 5.85 earnings per share for the current fiscal year.

Blackstone Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Monday, August 3rd will be paid a $1.29 dividend. This is a positive change from Blackstone’s previous quarterly dividend of $1.16. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $5.16 dividend on an annualized basis and a yield of 4.1%. Blackstone’s dividend payout ratio is 118.67%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on BX shares. HSBC reaffirmed a “hold” rating and set a $135.00 price objective on shares of Blackstone in a research note on Monday. Keefe, Bruyette & Woods raised shares of Blackstone to a “hold” rating in a report on Monday. TD Cowen cut their price objective on shares of Blackstone from $140.00 to $133.00 and set a “buy” rating for the company in a report on Monday, May 18th. Oppenheimer lowered their target price on shares of Blackstone from $156.00 to $139.00 and set an “outperform” rating on the stock in a research note on Friday, July 17th. Finally, Argus cut their price target on Blackstone from $163.00 to $146.00 and set a “buy” rating for the company in a research note on Tuesday, April 28th. Thirteen research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $145.71.

Trending Headlines about Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone reported Q2 EPS of $1.52, topping expectations, and revenue of $5.04 billion, also above forecasts, signaling stronger-than-expected operating performance. Blackstone Inc. (BX) Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Assets under management reached a record $1.35 trillion, helped by strong inflows, which supports fee growth and reinforces Blackstone’s scale advantage. Blackstone’s quarterly profit gets boost from asset pile, AI investment gains
• Positive Sentiment: Management highlighted gains from AI-related investments, suggesting the firm’s early infrastructure bets are paying off and could be an important long-term growth driver. Blackstone’s Profit Surges on AI Investments
• Neutral Sentiment: Blackstone also launched new public-private market investment solutions with Wellington and Vanguard, which could broaden its reach with wealthy investors, but the near-term earnings impact is still uncertain. Wellington, Vanguard, and Blackstone Announce the Launch of Two Investment Solutions
• Neutral Sentiment: Some headlines noted pressure in private credit fundraising and broader market concerns around rates, oil, and geopolitical risk, but these were outweighed by the company’s strong quarterly results. Blackstone’s quarterly profit gets boost from asset pile, AI investment gains

Insider Buying and Selling at Blackstone

In other news, insider Vikrant Sawhney sold 30,014 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $125.79, for a total value of $3,775,461.06. Following the completion of the sale, the insider directly owned 899,669 shares in the company, valued at $113,169,363.51. This represents a 3.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Private Multi-Asset Blackstone purchased 765,111 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was bought at an average cost of $26.14 per share, with a total value of $20,000,001.54. Following the acquisition, the insider owned 7,882,145 shares of the company’s stock, valued at approximately $206,039,270.30. The trade was a 10.75% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders acquired 10,252,345 shares of company stock worth $209,789,893. 1.00% of the stock is owned by company insiders.

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.