Torray Investment Partners LLC Sells 11,650 Shares of Blackstone Inc. $BX

Posted by Geri Gentry on Nov 4th, 2026

Torray Investment Partners LLC lessened its stake in shares of Blackstone Inc. (NYSE:BX – Free Report) by 6.2% during the third quarter, Holdings Channel reports. The fund owned 177,162 shares of the asset manager’s stock after selling 11,650 shares during the quarter. Blackstone comprises 2.6% of Torray Investment Partners LLC’s investment portfolio, making the stock its 18th largest position. Torray Investment Partners LLC’s holdings in Blackstone were worth $19,858,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wellington Altus USA Inc. acquired a new stake in Blackstone in the second quarter worth $26,000. Addison Advisors LLC bought a new stake in Blackstone in the second quarter valued at $30,000. NBH Bank acquired a new position in shares of Blackstone during the second quarter valued at about $30,000. Bell Investment Advisors Inc bought a new position in shares of Blackstone during the 2nd quarter worth about $30,000. Finally, West Branch Capital LLC boosted its position in shares of Blackstone by 26,600.0% during the 2nd quarter. West Branch Capital LLC now owns 267 shares of the asset manager’s stock worth $31,000 after purchasing an additional 266 shares in the last quarter. 70.00% of the stock is owned by institutional investors.

Blackstone Stock Down 1.7%

Blackstone stock opened at $118.08 on Wednesday. The firm has a market capitalization of $88.63 billion, a price-to-earnings ratio of 20.19, a price-to-earnings-growth ratio of 1.53 and a beta of 1.52. The firm’s fifty day moving average price is $121.67 and its two-hundred day moving average price is $124.08. Blackstone Inc. has a 1-year low of $101.73 and a 1-year high of $165.14. The company has a current ratio of 0.71, a quick ratio of 0.72 and a debt-to-equity ratio of 0.68.

Blackstone (NYSE:BX – Get Free Report) last posted its earnings results on Thursday, October 22nd. The asset manager reported $1.32 EPS for the quarter, topping the consensus estimate of $1.26 by $0.06. Blackstone had a net margin of 22.11% and a return on equity of 23.16%. The company had revenue of $3.06 billion during the quarter, compared to the consensus estimate of $3.27 billion. During the same period in the previous year, the firm posted $0.80 earnings per share. The firm’s revenue for the quarter was down .8% on a year-over-year basis. On average, equities research analysts predict that Blackstone Inc. will post 5.89 earnings per share for the current fiscal year.

Blackstone Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Monday, November 2nd will be paid a dividend of $1.12 per share. This is a decrease from Blackstone’s previous quarterly dividend of $1.29. The ex-dividend date is Monday, November 2nd. This represents a $4.48 dividend on an annualized basis and a yield of 3.8%. Blackstone’s dividend payout ratio (DPR) is presently 99.56%.

Trending Headlines about Blackstone

Here are the key news stories impacting Blackstone this week:

Positive Sentiment: Blackstone Life Sciences and Boston Scientific announced a $455 million collaboration to co-fund development of a heart-pump system for patients in cardiogenic shock. The project expands Blackstone’s life-sciences investment activity, though returns depend on development and commercial success. Article: Blackstone Life Sciences announces $455 million collaboration
Positive Sentiment: A Blackstone-led investor group, alongside Canadian institutional investors, agreed to invest $3.1 billion in a 49.9% non-controlling interest in the entity holding Mitsubishi’s stake in LNG Canada. The deal adds exposure to a major energy project and demonstrates Blackstone’s ability to assemble large investment partnerships. Article: Blackstone and Canadian investors announce LNG Canada investment
Neutral Sentiment: President Jon Gray said the scale of AI infrastructure investment will require more equity funding, while warning that debt investors face concentration risks. The expected fundraising could create opportunities for Blackstone, but the comments also underscore market-wide financing and risk concerns. Article: Blackstone president calls for more equity to fund AI buildout
Neutral Sentiment: Blackstone completed a $1.1 billion senior-notes offering, with notes due in 2031 and 2033 carrying interest rates of 5.65% and 5.90%. The financing provides capital but also adds debt obligations. Article: Blackstone completes senior notes offering
Negative Sentiment: The AI financing discussion may weigh on sentiment by drawing attention to the scale of required capital and the risks of concentrated debt exposure, although the concern applies broadly to the sector rather than indicating a specific Blackstone loss. Article: Blackstone president says more tech sector fundraising ahead

Insider Activity

In related news, major shareholder Holdings Iv L.P. Blackstone bought 191,695 shares of the company’s stock in a transaction dated Wednesday, September 23rd. The shares were bought at an average price of $26.17 per share, for a total transaction of $5,016,658.15. Following the completion of the acquisition, the insider directly owned 8,895,478 shares of the company’s stock, valued at $232,794,659.26. This trade represents a 2.20% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder Holdings I. L.P. Blackstone sold 124,600 shares of Blackstone stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of $16.40, for a total value of $2,043,440.00. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders purchased 464,792 shares of company stock worth $12,205,945 and sold 4,047,276 shares worth $33,507,144. Company insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Oppenheimer raised their target price on Blackstone from $164.00 to $168.00 and gave the company an “outperform” rating in a research note on Friday, October 23rd. BMO Capital Markets reaffirmed an “outperform” rating and set a $130.00 price target on shares of Blackstone in a research note on Wednesday, October 21st. Keefe, Bruyette & Woods upgraded Blackstone to a “hold” rating in a report on Monday, July 20th. Piper Sandler set a $126.00 price objective on Blackstone in a research note on Friday, October 23rd. Finally, Argus upped their target price on Blackstone from $146.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Thirteen analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $144.57.

Get Our Latest Analysis on BX

Blackstone Profile

(Free Report)

Blackstone Inc (NYSE:BX) is a global alternative asset management firm that provides investment and advisory services to institutional investors, companies, and qualified individual investors. The company manages capital across private equity, real estate, credit and insurance, infrastructure, hedge fund solutions, secondaries, and growth-oriented investments.

Blackstone invests in and manages portfolios of businesses, properties, infrastructure assets, and credit instruments across a range of industries.