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

Representative Julie Johnson (D-Texas) recently sold shares of Blackstone Inc. (NYSE:BX). In a filing disclosed on January 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in Blackstone stock on December 18th. 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 Texas Instruments (NASDAQ:TXN) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of General Dynamics (NYSE:GD) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Dover (NYSE:DOV) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Philip Morris International (NYSE:PM) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Bank of America (NYSE:BAC) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Republic Services (NYSE:RSG) on 12/18/2025.

Blackstone Stock Up 1.8%

Shares of NYSE BX opened at $163.67 on Friday. The stock has a market capitalization of $120.86 billion, a P/E ratio of 46.76, a PEG ratio of 1.15 and a beta of 1.75. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.75 and a quick ratio of 0.75. Blackstone Inc. has a one year low of $115.66 and a one year high of $190.09. The firm’s 50 day simple moving average is $151.03 and its two-hundred day simple moving average is $161.32.

Blackstone (NYSE:BX) last released its earnings results on Thursday, October 23rd. The asset manager reported $1.52 EPS for the quarter, beating the consensus estimate of $1.23 by $0.29. The company had revenue of $3.09 billion for the quarter, compared to analyst estimates of $3.14 billion. Blackstone had a net margin of 20.56% and a return on equity of 22.30%. The firm’s quarterly revenue was down 15.7% compared to the same quarter last year. During the same quarter last year, the firm earned $1.02 EPS. As a group, analysts expect that Blackstone Inc. will post 5.87 EPS for the current fiscal year.

Blackstone Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 10th. Shareholders of record on Monday, November 3rd were given a dividend of $1.29 per share. The ex-dividend date was Monday, November 3rd. This is an increase from Blackstone’s previous quarterly dividend of $1.03. This represents a $5.16 dividend on an annualized basis and a yield of 3.2%. Blackstone’s dividend payout ratio (DPR) is 147.43%.

Insider Buying and Selling

In other news, Director Ruth Porat purchased 324 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The shares were bought at an average price of $146.92 per share, for a total transaction of $47,602.08. Following the purchase, the director directly owned 39,077 shares in the company, valued at approximately $5,741,192.84. This trade represents a 0.84% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of Blackstone stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $10.00, for a total transaction of $15,961,420.00. Following the completion of the transaction, the insider directly owned 2,161 shares of the company’s stock, valued at $21,610. This trade represents a 99.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders bought 797,148 shares of company stock valued at $24,050,153. 1.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On Blackstone

Large investors have recently modified their holdings of the stock. Arcus Capital Partners LLC boosted its position in Blackstone by 1.2% during the 2nd quarter. Arcus Capital Partners LLC now owns 4,937 shares of the asset manager’s stock valued at $739,000 after acquiring an additional 58 shares in the last quarter. Mattern Wealth Management LLC boosted its holdings in shares of Blackstone by 2.8% during the 2nd quarter. Mattern Wealth Management LLC now owns 2,213 shares of the asset manager’s stock valued at $331,000 after buying an additional 60 shares in the last quarter. GHP Investment Advisors Inc. increased its stake in shares of Blackstone by 3.5% in the 2nd quarter. GHP Investment Advisors Inc. now owns 1,784 shares of the asset manager’s stock worth $267,000 after acquiring an additional 61 shares in the last quarter. Sage Rhino Capital LLC boosted its stake in Blackstone by 0.8% during the second quarter. Sage Rhino Capital LLC now owns 8,036 shares of the asset manager’s stock worth $1,202,000 after acquiring an additional 63 shares in the last quarter. Finally, WNY Asset Management LLC grew its holdings in Blackstone by 1.7% in the second quarter. WNY Asset Management LLC now owns 3,852 shares of the asset manager’s stock worth $576,000 after purchasing an additional 64 shares during the period. Institutional investors own 70.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on BX. Deutsche Bank Aktiengesellschaft lifted their price objective on Blackstone from $164.00 to $185.00 and gave the stock a “buy” rating in a report on Wednesday, December 17th. Jefferies Financial Group decreased their price target on Blackstone from $187.00 to $185.00 and set a “buy” rating on the stock in a research note on Thursday, January 8th. Piper Sandler cut their target price on shares of Blackstone from $173.00 to $168.00 and set a “neutral” rating on the stock in a report on Friday, October 24th. Morgan Stanley upped their price target on shares of Blackstone from $200.00 to $215.00 and gave the company an “overweight” rating in a report on Tuesday, October 21st. Finally, Barclays cut their price target on shares of Blackstone from $172.00 to $171.00 and set an “equal weight” rating on the stock in a report on Friday, January 9th. Ten research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat, Blackstone presently has a consensus rating of “Hold” and an average price target of $177.25.

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.

Blackstone Company 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.