CGN Advisors LLC Acquires 3,668 Shares of Blackstone Inc. $BX

Posted by Stanley Muller on Aug 5th, 2026

CGN Advisors LLC grew its holdings in Blackstone Inc. (NYSE:BX – Free Report) by 18.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,908 shares of the asset manager’s stock after purchasing an additional 3,668 shares during the period. CGN Advisors LLC’s holdings in Blackstone were worth $2,813,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. MassMutual Private Wealth & Trust FSB raised its position in Blackstone by 31.5% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 72,616 shares of the asset manager’s stock worth $8,545,000 after buying an additional 17,378 shares during the last quarter. Cedar Mountain Advisors LLC bought a new stake in shares of Blackstone in the second quarter worth approximately $71,000. CX Institutional raised its holdings in shares of Blackstone by 96.1% during the second quarter. CX Institutional now owns 4,615 shares of the asset manager’s stock valued at $543,000 after purchasing an additional 2,262 shares during the last quarter. SWP Investment Management LLC boosted its holdings in Blackstone by 3.9% in the second quarter. SWP Investment Management LLC now owns 26,373 shares of the asset manager’s stock worth $3,103,000 after purchasing an additional 980 shares during the last quarter. Finally, Adelphi Trust Co grew its position in Blackstone by 46.3% in the 2nd quarter. Adelphi Trust Co now owns 6,978 shares of the asset manager’s stock worth $821,000 after purchasing an additional 2,207 shares during the period. 70.00% of the stock is currently owned by institutional investors.

Insider Activity at Blackstone

In related news, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,500 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $3.78, for a total transaction of $28,264,950.00. Following the completion of the transaction, the insider directly owned 19,374 shares of the company’s stock, valued at approximately $73,233.72. This represents a 99.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Private Multi-Asset Blackstone purchased 573,614 shares of the business’s stock in a transaction on Thursday, July 23rd. The shares were purchased at an average price of $26.15 per share, with a total value of $15,000,006.10. Following the acquisition, the insider directly owned 8,455,758 shares in the company, valued at $221,118,071.70. This represents a 7.28% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 10,825,959 shares of company stock worth $224,789,900 in the last quarter. 1.00% of the stock is owned by company insiders.

Blackstone Stock Performance

NYSE:BX opened at $137.17 on Wednesday. The stock has a 50-day moving average price of $122.37 and a 200 day moving average price of $123.34. The stock has a market capitalization of $101.90 billion, a P/E ratio of 30.69, a P/E/G ratio of 1.49 and a beta of 1.56. Blackstone Inc. has a 12-month low of $101.73 and a 12-month high of $190.09. The company has a current ratio of 0.72, a quick ratio of 0.76 and a debt-to-equity ratio of 0.63.

Blackstone (NYSE:BX – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The asset manager reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.34 by $0.18. The company had revenue of $5.04 billion for the quarter, compared to analysts’ expectations of $3.42 billion. Blackstone had a return on equity of 23.77% and a net margin of 21.84%.The firm’s revenue was up 35.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.98 EPS. Equities research analysts forecast that Blackstone Inc. will post 6 EPS for the current fiscal year.

Blackstone Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Monday, August 3rd will be paid a dividend of $1.29 per share. The ex-dividend date of this dividend is Monday, August 3rd. This is a positive change from Blackstone’s previous quarterly dividend of $1.16. This represents a $5.16 annualized dividend and a yield of 3.8%. Blackstone’s dividend payout ratio is 115.44%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on BX shares. Weiss Ratings upgraded Blackstone from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, July 24th. Keefe, Bruyette & Woods raised Blackstone to a “hold” rating in a report on Monday, July 20th. HSBC restated a “hold” rating and set a $135.00 price target on shares of Blackstone in a research note on Monday, July 20th. TD Cowen increased their price objective on shares of Blackstone from $133.00 to $145.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Finally, Rothschild & Co Redburn cut their target price on shares of Blackstone from $134.00 to $130.00 and set a “neutral” rating for the company in a research report on Tuesday, June 9th. Thirteen equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $147.95.

Read Our Latest Stock Report on BX

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.