Blackstone Inc. $BX Shares Sold by DE Burlo Group Inc.

Posted by Brian Himes on Jun 14th, 2026

DE Burlo Group Inc. reduced its holdings in shares of Blackstone Inc. (NYSE:BX – Free Report) by 58.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 23,950 shares of the asset manager’s stock after selling 33,500 shares during the quarter. DE Burlo Group Inc.’s holdings in Blackstone were worth $3,692,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the business. Family CFO Inc acquired a new position in Blackstone in the fourth quarter valued at approximately $28,000. Ares Financial Consulting LLC purchased a new stake in shares of Blackstone during the 4th quarter worth approximately $28,000. Richardson Financial Services Inc. purchased a new position in shares of Blackstone in the 4th quarter valued at $29,000. Redmont Wealth Advisors LLC acquired a new stake in Blackstone during the 3rd quarter worth $30,000. Finally, Strive Asset Management LLC purchased a new stake in Blackstone in the third quarter valued at $30,000. 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 $122.63 on Friday. Blackstone Inc. has a 1-year low of $101.73 and a 1-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 business’s fifty day moving average price is $119.98 and its 200 day moving average price is $131.03. The firm has a market capitalization of $91.10 billion, a PE ratio of 31.36, a P/E/G ratio of 1.33 and a beta of 1.59.

Blackstone (NYSE:BX – Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The asset manager reported $1.36 earnings per share for the quarter, topping 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 in the prior year, the company posted $1.11 EPS. The business’s revenue for the quarter was up 10.0% on a year-over-year basis. As a group, sell-side analysts forecast 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. 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 3.8%. The ex-dividend date was Monday, May 4th. Blackstone’s payout ratio is presently 118.67%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Piper Sandler boosted their target price on Blackstone from $122.00 to $130.00 and gave the company a “neutral” rating in a report on Monday, April 27th. Royal Bank Of Canada assumed coverage on Blackstone in a research report on Monday, June 8th. They set an “outperform” rating on the stock. Citizens Jmp lowered their target price on shares of Blackstone from $195.00 to $190.00 and set a “market outperform” rating on the stock in a research report on Wednesday, April 22nd. Morgan Stanley reduced their price target on shares of Blackstone from $215.00 to $184.00 and set an “overweight” rating for the company in a research report on Tuesday, April 21st. Finally, Evercore reissued an “outperform” rating and set a $150.00 price objective on shares of Blackstone in a research report on Tuesday, April 21st. Thirteen investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $150.86.

Get Our Latest Report on Blackstone

Insiders Place Their Bets

In other news, Director Ruth Porat purchased 355 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was acquired at an average price of $123.04 per share, with a total value of $43,679.20. Following the purchase, the director directly owned 41,818 shares of the company’s stock, valued at $5,145,286.72. This represents a 0.86% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Vikrant Sawhney sold 30,014 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $125.79, for a total transaction of $3,775,461.06. Following the completion of the sale, the insider directly owned 899,669 shares in the company, valued at approximately $113,169,363.51. The trade was a 3.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have bought 12,355,303 shares of company stock valued at $264,789,896. Company insiders own 1.00% of the company’s stock.

About Blackstone

(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.