Longfellow Investment Management Co. LLC Decreases Stake in Blackstone Inc. $BX

Posted by Geri Gentry on Jun 7th, 2026

Longfellow Investment Management Co. LLC lowered its position in Blackstone Inc. (NYSE:BX – Free Report) by 60.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,821 shares of the asset manager’s stock after selling 13,339 shares during the period. Longfellow Investment Management Co. LLC’s holdings in Blackstone were worth $1,360,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Redwood Financial Network Corp grew 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 acquiring an additional 65 shares during the period. Benchmark Financial Wealth Advisors LLC grew 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 acquiring an additional 69 shares during the period. MidWestOne Financial Group Inc. grew 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 acquiring an additional 70 shares during the period. Parcion Private Wealth LLC grew its holdings in Blackstone by 0.6% during the fourth quarter. Parcion Private Wealth LLC now owns 10,935 shares of the asset manager’s stock valued at $1,686,000 after purchasing an additional 70 shares during the period. Finally, Trivium Point Advisory LLC grew its holdings in Blackstone by 2.6% during the fourth quarter. Trivium Point Advisory LLC now owns 2,713 shares of the asset manager’s stock valued at $418,000 after purchasing an additional 70 shares during the period. Institutional investors own 70.00% of the company’s stock.

Insider Buying and Selling

In other news, Director Ruth Porat bought 355 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were bought at an average cost of $123.04 per share, for a total transaction of $43,679.20. Following the completion of the transaction, the director owned 41,818 shares of the company’s stock, valued at approximately $5,145,286.72. This represents a 0.86% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, major shareholder Holdings Iv Gp Mana Blackstone bought 2,868,069 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The stock was purchased at an average price of $26.15 per share, for a total transaction of $75,000,004.35. Following the completion of the transaction, the insider directly owned 18,628,295 shares of the company’s stock, valued at $487,129,914.25. This represents a 18.20% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought 12,355,303 shares of company stock valued at $264,789,896 in the last ninety days. Company insiders own 1.00% of the company’s stock.

Blackstone Stock Performance

NYSE BX opened at $115.40 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.66. The firm has a market cap of $85.73 billion, a price-to-earnings ratio of 29.51, a price-to-earnings-growth ratio of 1.25 and a beta of 1.59. Blackstone Inc. has a twelve month low of $101.73 and a twelve month high of $190.09. The business has a 50-day moving average price of $119.22 and a 200-day moving average price of $131.72.

Blackstone (NYSE:BX – Get Free Report) last posted its earnings results on Thursday, April 23rd. The asset manager reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.34 by $0.02. The company had revenue of $3.43 billion for the quarter, compared to the consensus estimate of $3.45 billion. Blackstone had a return on equity of 22.86% and a net margin of 20.67%.The firm’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.11 earnings per share. As a group, equities research analysts predict that Blackstone Inc. will post 5.9 EPS for the current fiscal year.

Blackstone Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Monday, May 4th were given a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Monday, May 4th. Blackstone’s payout ratio is currently 118.67%.

Key Blackstone News

Here are the key news stories impacting Blackstone this week:

Positive Sentiment: Blackstone-backed AirTrunk plans to invest $30 billion in India digital infrastructure, highlighting continued growth opportunities in Blackstone’s portfolio and exposure to AI/data-center demand. Blackstone-backed AirTrunk to invest $30B in India digital infrastructure
Positive Sentiment: Blackstone also remains active on the capital-deployment side, with a new partnership with Nippon Life and the successful IPO of Liftoff Mobile adding to the firm’s deal-making momentum. Blackstone’s Liftoff IPO And Nippon Life Deal Reshape BX Outlook
Positive Sentiment: The stock also appeared to rebound sharply after an earlier selloff, as some investors viewed the withdrawal cap as a sign of private-credit demand pressures rather than a direct fundamental hit to earnings. Why is Blackstone stock gaining despite a withdrawal cap on its flagship fund?
Neutral Sentiment: Peer-related headlines from other alternative-asset managers and broader private-credit redemption concerns are adding sector-wide volatility, but they do not directly change Blackstone’s reported quarterly earnings outlook. Alternative Managers Shares Slip as Cliffwater Redemption Fears Mount
Negative Sentiment: Blackstone’s decision to limit redemptions at Blackstone Private Credit Fund is the main overhang, as it signals heavier-than-expected withdrawal demand and raises questions about liquidity across private markets. Investors Seek to Pull 10% from Blackstone’s Giant Private-Credit Fund
Negative Sentiment: Multiple reports that redemption requests surged and that Blackstone capped withdrawals reinforced investor concern about private-credit and private-equity fund liquidity, which has weighed on BX sentiment. Redemption requests rise at Blackstone, Partners Group as private markets strain

Analyst Upgrades and Downgrades

Several analysts have issued reports on BX shares. Oppenheimer boosted their price target on Blackstone from $154.00 to $156.00 and gave the company an “outperform” rating in a report on Friday, April 24th. BMO Capital Markets boosted their price target on Blackstone from $126.00 to $132.00 and gave the company an “outperform” rating in a report on Monday, April 13th. Zacks Research lowered Blackstone from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 29th. JPMorgan Chase & Co. cut their price target on Blackstone from $142.00 to $136.00 and set a “neutral” rating for the company in a report on Friday, April 24th. Finally, Piper Sandler boosted their price target on Blackstone from $122.00 to $130.00 and gave the company a “neutral” rating in a report on Monday, April 27th. Twelve research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $151.05.

Check Out Our Latest Stock Analysis on BX

Blackstone Company 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.