Blackstone (NYSE:BX) Major Shareholder Sells $11,077,261.44 in Stock

Posted by on Oct 3rd, 2026

Blackstone Inc. (NYSE:BX – Get Free Report) major shareholder Bx Buzz Ml-1 Gp Llc sold 3,767,776 shares of the company’s stock in a transaction dated Monday, September 28th. The shares were sold at an average price of $2.94, for a total transaction of $11,077,261.44. Following the completion of the sale, the insider directly owned 16,120 shares of the company’s stock, valued at $47,392.80. This represents a 99.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Blackstone Stock Down 0.3%

Shares of Blackstone stock opened at $111.88 on Friday. The company has a 50 day moving average of $132.60 and a 200 day moving average of $124.05. Blackstone Inc. has a 52-week low of $101.73 and a 52-week high of $170.00. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $83.98 billion, a P/E ratio of 25.03, a P/E/G ratio of 1.26 and a beta of 1.59.

Blackstone (NYSE:BX – Get Free Report) last announced its earnings results on Thursday, July 23rd. The asset manager reported $1.52 EPS for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $3.42 billion. During the same period in the prior year, the company earned $0.98 earnings per share. The business’s revenue was up 35.9% compared to the same quarter last year. As a group, research analysts forecast that Blackstone Inc. will post 5.98 EPS for the current fiscal year.

Blackstone Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Monday, August 3rd were given a dividend of $1.29 per share. This is a positive change from Blackstone’s previous quarterly dividend of $1.16. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $5.16 dividend on an annualized basis and a yield of 4.6%. Blackstone’s dividend payout ratio is currently 115.44%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Wellington Altus USA Inc. bought a new stake in shares of Blackstone during the 2nd quarter worth $26,000. Bell Investment Advisors Inc bought a new position in shares of Blackstone in the second quarter valued at approximately $30,000. Addison Advisors LLC purchased a new position in shares of Blackstone during the 2nd quarter valued at $30,000. NBH Bank purchased a new position in Blackstone during the second quarter valued at approximately $30,000. Finally, Palladiem LLC bought a new position in Blackstone in the fourth quarter valued at $31,000. Institutional investors and hedge funds own 70.00% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on BX. Rothschild & Co Redburn cut their price target on Blackstone from $134.00 to $130.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft initiated coverage on Blackstone in a research note on Monday, June 8th. They set a “buy” rating for the company. JPMorgan Chase & Co. lowered their target price on Blackstone from $136.00 to $132.00 and set a “neutral” rating on the stock in a report on Thursday, July 16th. BNP Paribas Exane lowered their price target on shares of Blackstone from $126.00 to $125.00 and set a “neutral” rating on the stock in a report on Tuesday, June 30th. Finally, Wells Fargo & Company began coverage on Blackstone in a research report on Friday. They set an “equal weight” rating and a $122.00 price objective for the company. Thirteen analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $147.50.

Get Our Latest Stock Report on BX

Blackstone News Summary

Here are the key news stories impacting Blackstone this week:

  • Positive Sentiment: Funds managed by Blackstone agreed to acquire Applied Systems Engineering, expanding the firm’s portfolio and potentially creating another source of future investment gains. Financial terms were not disclosed. Applied Systems Engineering acquisition
  • Positive Sentiment: Market chatter indicates Blackstone is exploring an offer for drone-detection company Robin Radar in a possible $2.26 billion sale process, which could strengthen its exposure to defense and security technology if completed. Robin Radar sale process
  • Positive Sentiment: Blackstone announced a planned $1 billion investment to build a military technology company focused on counter-drone capabilities. The initiative offers long-term growth potential, though returns will depend on execution and demand. Defense technology investment
  • Neutral Sentiment: Wells Fargo initiated coverage with an “equal weight” rating and a $122 price target, implying roughly 9% upside from the referenced price but signaling limited conviction relative to the broader market.
  • Neutral Sentiment: Brokerages collectively maintain a “Moderate Buy” rating, supported by a consensus target well above the current trading level; however, ratings remain mixed between Buy and Hold recommendations. Brokerage rating summary
  • Negative Sentiment: UBS reiterated a “Neutral” view, citing lower realizations. Weaker realizations can reduce performance-related earnings and signal challenges in monetizing portfolio investments. UBS Blackstone rating
  • Negative Sentiment: A reported major-shareholder transaction involved the sale of 3,767,776 shares, reducing that holder’s position by 99.57%. Although the filing’s reported price appears inconsistent with BX’s market price, the unusually large disposition may weigh on sentiment. Blackstone major-shareholder sale

About Blackstone

(Get Free Report)

Blackstone Inc is a global alternative asset management firm that provides investment solutions to institutional investors, companies, financial advisers and individual investors. Founded in 1985 by Stephen A. Schwarzman and Peter G. Peterson, the company has developed a broad platform spanning private markets and other alternative investments.

Blackstone’s businesses include private equity, real estate, credit and insurance, infrastructure, secondaries and hedge fund solutions. Its investment activities may involve acquiring and managing companies, commercial and residential properties, infrastructure assets, private credit and other investments on behalf of its clients.

The firm serves clients and invests across North America, Europe, Asia-Pacific and other international markets.

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