Blackstone Inc. $BX Shares Sold by Glen Eagle Advisors LLC

Posted by Stanley Muller on Jul 29th, 2026

Glen Eagle Advisors LLC trimmed its stake in shares of Blackstone Inc. (NYSE:BX – Free Report) by 56.4% during the 1st quarter, Holdings Channel reports. The fund owned 5,070 shares of the asset manager’s stock after selling 6,554 shares during the quarter. Glen Eagle Advisors LLC’s holdings in Blackstone were worth $583,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. Family CFO Inc purchased a new position in shares of Blackstone during the 4th quarter valued at approximately $28,000. Ares Financial Consulting LLC purchased a new stake in Blackstone during the fourth quarter worth $28,000. Richardson Financial Services Inc. purchased a new position in Blackstone in the fourth quarter valued at $29,000. Strive Asset Management LLC acquired a new position in shares of Blackstone in the third quarter worth about $30,000. Finally, Palladiem LLC purchased a new stake in shares of Blackstone during the 4th quarter worth about $31,000. Hedge funds and other institutional investors own 70.00% of the company’s stock.

Blackstone Stock Performance

Shares of NYSE:BX opened at $133.97 on Wednesday. The business’s 50 day moving average price is $121.03 and its 200-day moving average price is $124.23. 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 0.63, a current ratio of 0.72 and a quick ratio of 0.76. The firm has a market capitalization of $99.53 billion, a PE ratio of 29.97, a P/E/G ratio of 1.48 and a beta of 1.58.

Blackstone (NYSE:BX – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The asset manager reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.34 by $0.18. Blackstone had a return on equity of 23.77% and a net margin of 21.84%.The company had revenue of $5.04 billion for the quarter, compared to analyst estimates of $3.42 billion. During the same quarter last year, the firm posted $0.98 EPS. The firm’s revenue for the quarter was up 35.9% on a year-over-year basis. As a group, equities research analysts expect that Blackstone Inc. will post 5.97 earnings per share for the current fiscal year.

Blackstone Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Monday, August 3rd will be given a dividend of $1.29 per share. The ex-dividend date is Monday, August 3rd. This is a boost from Blackstone’s previous quarterly dividend of $1.16. This represents a $5.16 dividend on an annualized basis and a yield of 3.9%. Blackstone’s dividend payout ratio (DPR) is presently 103.80%.

Insider Activity at Blackstone

In related news, major shareholder Private Multi-Asset Blackstone purchased 573,614 shares of the company’s stock in a transaction dated Thursday, July 23rd. The stock was acquired at an average cost of $26.15 per share, for a total transaction of $15,000,006.10. Following the completion of the transaction, the insider directly owned 8,455,758 shares of the company’s stock, valued at approximately $221,118,071.70. This trade represents a 7.28% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Vikrant Sawhney sold 30,014 shares of Blackstone 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 transaction, the insider owned 899,669 shares in the company, valued at approximately $113,169,363.51. The trade was a 3.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have bought 10,825,959 shares of company stock worth $224,789,900 in the last 90 days. 1.00% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts recently weighed in on BX shares. Evercore reaffirmed an “outperform” rating and issued a $150.00 price target on shares of Blackstone in a report on Tuesday, April 21st. BNP Paribas Exane cut their price objective on Blackstone from $126.00 to $125.00 and set a “neutral” rating for the company in a research report on Tuesday, June 30th. Royal Bank Of Canada increased their target price on Blackstone from $161.00 to $169.00 and gave the company an “outperform” rating in a research report on Friday, July 24th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Blackstone in a report on Monday, June 8th. They issued a “buy” rating for the company. Finally, Citizens Jmp decreased their price objective on shares of Blackstone from $190.00 to $165.00 and set a “market outperform” rating on the stock in a report on Thursday, July 9th. Thirteen analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $147.76.

Read Our Latest Stock Report on BX

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.