Gables Capital Management Inc. Purchases New Shares in Blackstone Inc. $BX

Posted by George Bondi on Aug 19th, 2026

Gables Capital Management Inc. acquired a new position in shares of Blackstone Inc. (NYSE:BX – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 4,210 shares of the asset manager’s stock, valued at approximately $495,000.

Several other institutional investors have also made changes to their positions in BX. BlackRock Inc. purchased a new stake in shares of Blackstone in the 2nd quarter valued at approximately $6,112,162,000. Norges Bank acquired a new stake in Blackstone during the 4th quarter valued at $1,275,747,000. Bank of New York Mellon Corp purchased a new stake in shares of Blackstone in the second quarter valued at $514,736,000. Capital Research Global Investors grew its holdings in shares of Blackstone by 99.2% during the fourth quarter. Capital Research Global Investors now owns 6,381,767 shares of the asset manager’s stock valued at $983,690,000 after buying an additional 3,178,133 shares in the last quarter. Finally, Deutsche Bank AG acquired a new position in Blackstone during the second quarter valued at $270,380,000. 70.00% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Vikrant Sawhney sold 30,000 shares of the firm’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $135.55, for a total value of $4,066,500.00. Following the transaction, the insider directly owned 869,669 shares in the company, valued at approximately $117,883,632.95. This trade represents a 3.33% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Private Multi-Asset Blackstone bought 573,614 shares of the company’s stock in a transaction that occurred on Thursday, July 23rd. The stock was purchased at an average price of $26.15 per share, for a total transaction of $15,000,006.10. Following the acquisition, the insider directly owned 8,455,758 shares in the company, valued at approximately $221,118,071.70. This trade represents a 7.28% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders have purchased 1,339,180 shares of company stock valued at $35,062,433 and have sold 7,562,000 shares valued at $40,331,085. Company insiders own 1.00% of the company’s stock.

Blackstone Stock Performance

BX stock opened at $140.62 on Wednesday. The firm has a 50 day moving average of $127.46 and a two-hundred day moving average of $122.41. Blackstone Inc. has a 12 month low of $101.73 and a 12 month high of $190.09. The company has a market capitalization of $105.56 billion, a price-to-earnings ratio of 31.46, a P/E/G ratio of 1.60 and a beta of 1.55. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.63.

Blackstone (NYSE:BX – Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The asset manager reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.18. Blackstone had a net margin of 21.84% and a return on equity of 23.77%. The business had revenue of $5.04 billion during the quarter, compared to analyst estimates of $3.42 billion. During the same quarter in the previous year, the business earned $0.98 EPS. Blackstone’s quarterly revenue was up 35.9% compared to the same quarter last year. As a group, equities analysts anticipate that Blackstone Inc. will post 6 EPS for the current fiscal year.

Blackstone Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Monday, August 3rd were paid a $1.29 dividend. This represents a $5.16 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, August 3rd. This is a positive change from Blackstone’s previous quarterly dividend of $1.16. Blackstone’s dividend payout ratio (DPR) is 115.44%.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Citizens Jmp decreased their price objective on Blackstone from $190.00 to $165.00 and set a “market outperform” rating for the company in a research report on Thursday, July 9th. Barclays raised their price target on shares of Blackstone from $119.00 to $128.00 and gave the stock an “equal weight” rating in a report on Friday, July 24th. Royal Bank Of Canada upped their price objective on shares of Blackstone from $161.00 to $169.00 and gave the company an “outperform” rating in a research note on Friday, July 24th. HSBC reissued a “hold” rating and set a $135.00 target price on shares of Blackstone in a research note on Monday, July 20th. Finally, Zacks Research raised shares of Blackstone from a “strong sell” rating to a “hold” rating in a research note on Monday, June 8th. Thirteen investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat, Blackstone presently has an average rating of “Moderate Buy” and an average price target of $147.95.

Read Our Latest Analysis on Blackstone

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.