Handelsbanken Fonder AB Acquires 10,852 Shares of Blackstone Inc. $BX

Posted by Stanley Muller on May 20th, 2026

Handelsbanken Fonder AB lifted its position in Blackstone Inc. (NYSE:BX – Free Report) by 4.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 275,030 shares of the asset manager’s stock after buying an additional 10,852 shares during the quarter. Handelsbanken Fonder AB’s holdings in Blackstone were worth $42,393,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Redwood Financial Network Corp lifted its holdings in shares of Blackstone by 1.8% in the second quarter. Redwood Financial Network Corp now owns 3,588 shares of the asset manager’s stock worth $537,000 after buying an additional 65 shares in the last quarter. Benchmark Financial Wealth Advisors LLC lifted its holdings in shares of Blackstone by 0.9% in the fourth quarter. Benchmark Financial Wealth Advisors LLC now owns 7,748 shares of the asset manager’s stock worth $1,194,000 after buying an additional 69 shares in the last quarter. MidWestOne Financial Group Inc. lifted its holdings in shares of Blackstone by 0.8% in the third quarter. MidWestOne Financial Group Inc. now owns 8,335 shares of the asset manager’s stock worth $1,424,000 after buying an additional 70 shares in the last quarter. Parcion Private Wealth LLC lifted its holdings in shares of Blackstone by 0.6% in the fourth quarter. Parcion Private Wealth LLC now owns 10,935 shares of the asset manager’s stock worth $1,686,000 after buying an additional 70 shares in the last quarter. Finally, Trivium Point Advisory LLC lifted its holdings in shares of Blackstone by 2.6% in the fourth quarter. Trivium Point Advisory LLC now owns 2,713 shares of the asset manager’s stock worth $418,000 after buying an additional 70 shares in the last quarter. 70.00% of the stock is owned by hedge funds and other institutional investors.

Blackstone Stock Down 2.3%

Shares of NYSE BX opened at $114.31 on Wednesday. Blackstone Inc. has a one year low of $101.73 and a one year high of $190.09. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.76 and a quick ratio of 0.76. The firm’s 50 day simple moving average is $117.21 and its two-hundred day simple moving average is $134.14. The stock has a market capitalization of $84.92 billion, a P/E ratio of 29.24, a PEG ratio of 1.28 and a beta of 1.63.

Blackstone (NYSE:BX – Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The asset manager reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.34 by $0.02. Blackstone had a net margin of 20.67% and a return on equity of 22.86%. The business had revenue of $3.43 billion for the quarter, compared to analysts’ expectations of $3.45 billion. During the same period last year, the business earned $1.11 earnings per share. The business’s quarterly revenue was up 10.0% on a year-over-year basis. As a group, analysts expect that Blackstone Inc. will post 5.89 EPS for the current fiscal year.

Blackstone Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, May 11th. Shareholders of record on Monday, May 4th were given a dividend of $1.16 per share. This represents a $4.64 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Monday, May 4th. Blackstone’s dividend payout ratio (DPR) is presently 118.67%.

Insider Transactions at Blackstone

In other news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the firm’s stock in a transaction that occurred 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 legal filing with the SEC, which is accessible through this link. Also, 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 stock was sold at an average price of $3.51, for a total transaction of $26,246,039.04. Following the completion of the transaction, the insider owned 25,832 shares in the company, valued at $90,670.32. This represents a 99.66% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have purchased 13,502,092 shares of company stock valued at $294,789,896 and have sold 9,128,660 shares valued at $46,457,920. Company insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on BX shares. UBS Group lowered their target price 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. Piper Sandler raised their target price on shares of Blackstone from $122.00 to $130.00 and gave the company a “neutral” rating in a research note on Monday, April 27th. TD Cowen lowered their target price on shares of Blackstone from $140.00 to $133.00 and set a “buy” rating on the stock in a research note on Monday. Oppenheimer raised their target price on shares of Blackstone from $154.00 to $156.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Finally, BMO Capital Markets raised their target price on shares of Blackstone from $126.00 to $132.00 and gave the company an “outperform” rating in a research note on Monday, April 13th. Eleven investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $151.05.

Get Our Latest Report on Blackstone

Key Stories Impacting Blackstone

Here are the key news stories impacting Blackstone this week:

Positive Sentiment: Blackstone and Google announced a joint venture to build a new AI cloud company centered on Google’s Tensor Processing Units, giving Blackstone exposure to a fast-growing AI infrastructure market. Blackstone Announces Joint Venture with Google to Create New TPU Cloud
Positive Sentiment: Reports say Blackstone is committing $5 billion in equity to the venture, which may be viewed as a significant long-term investment in AI compute capacity and a potential new growth driver. Blackstone and Google form AI infrastructure joint venture focused on TPU cloud expansion
Positive Sentiment: Market commentary said the Blackstone-Google deal is pressuring smaller cloud infrastructure names, suggesting investors may see Blackstone as better positioned than leveraged AI infrastructure competitors. Google and Blackstone to Create New AI Cloud Company. The Stocks Are Rising.
Neutral Sentiment: TD Cowen lowered its price target on Blackstone to $133 from $140, but kept a Buy rating, which points to continued upside expectations despite the trim.
Neutral Sentiment: Blackstone also abandoned its pursuit of the €2.5 billion Stroeer deal, a separate M&A item that does not appear central to the stock’s immediate move.
Neutral Sentiment: A major shareholder, Treasury Holdings I. Blackstone, disclosed a large share purchase, which can be read as a confidence signal but is less likely to move the stock by itself.

Blackstone Profile

(Free Report)

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.