Blackstone Inc. $BX Shares Sold by Moran Wealth Management LLC

Moran Wealth Management LLC trimmed its holdings in Blackstone Inc. (NYSE:BX) by 3.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 141,211 shares of the asset manager’s stock after selling 4,408 shares during the period. Moran Wealth Management LLC’s holdings in Blackstone were worth $21,766,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of BX. Vanguard Group Inc. grew its holdings in Blackstone by 1.9% in the third quarter. Vanguard Group Inc. now owns 70,827,437 shares of the asset manager’s stock valued at $12,100,868,000 after purchasing an additional 1,335,060 shares during the period. State Street Corp boosted its holdings in shares of Blackstone by 1.3% in the 3rd quarter. State Street Corp now owns 31,362,796 shares of the asset manager’s stock valued at $5,358,334,000 after purchasing an additional 412,281 shares during the last quarter. Northern Trust Corp grew its stake in shares of Blackstone by 4.7% during the 3rd quarter. Northern Trust Corp now owns 7,324,989 shares of the asset manager’s stock valued at $1,251,474,000 after buying an additional 329,379 shares during the period. Legal & General Group Plc raised its position in shares of Blackstone by 3.2% in the 3rd quarter. Legal & General Group Plc now owns 4,677,997 shares of the asset manager’s stock worth $799,236,000 after buying an additional 145,056 shares during the period. Finally, Invesco Ltd. increased its stake in Blackstone by 11.3% during the third quarter. Invesco Ltd. now owns 4,107,665 shares of the asset manager’s stock worth $701,795,000 after acquiring an additional 416,933 shares during the last quarter. 70.00% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BX has been the subject of a number of research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Blackstone in a report on Wednesday, January 21st. Argus reduced their price target on shares of Blackstone from $195.00 to $163.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Rothschild & Co Redburn dropped their price objective on shares of Blackstone from $158.00 to $138.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. HSBC reduced their target price on shares of Blackstone from $164.00 to $131.00 and set a “hold” rating on the stock in a report on Friday, April 10th. Finally, Jefferies Financial Group decreased their target price on Blackstone from $161.00 to $143.00 and set a “buy” rating for the company in a research report on Wednesday, April 8th. Eleven analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $156.45.

Insider Buying and Selling at Blackstone

In other news, major shareholder Holdings Iv Gp Mana Blackstone acquired 2,868,069 shares of the business’s stock in a transaction on Friday, March 20th. The shares were purchased at an average price of $26.15 per share, for a total transaction of $75,000,004.35. Following the completion of the purchase, the insider directly owned 18,628,295 shares of the company’s stock, valued at $487,129,914.25. This represents a 18.20% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $3.51, for a total value of $26,246,039.04. Following the completion of the sale, the insider owned 25,832 shares of the company’s stock, valued at $90,670.32. This trade represents a 99.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.00% of the stock is currently owned by insiders.

Blackstone News Summary

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: JPMorgan raised its price target on BX to $142 (from $122) while keeping a neutral rating — the raise signals incremental confidence in Blackstone’s near-term earnings/cash‑flow outlook and provides upside to the stock. MarketScreener: JPMorgan adjusts price target on Blackstone
• Positive Sentiment: Analysts and previews (Zacks/Yahoo) expect Blackstone to report growing earnings next week and highlight factors that increase the likelihood of an earnings beat — stronger fee-related revenue and realized gains from investments. Earnings momentum is a primary driver for BX’s near‑term move. Yahoo: Blackstone earnings expected to grow
• Positive Sentiment: Blackstone shares rose after several major banks and asset managers reported better-than-expected Q1 results, which lifted sentiment across the alternatives/asset-management group and benefited BX as a large, diversified manager. Yahoo: Why Blackstone stock is trading up
• Neutral Sentiment: Comparative valuation pieces (IX vs. BX) are drawing investor attention to relative value in the alternatives space; these analyses may shift some flows but don’t change Blackstone’s fundamentals immediately. Watch headlines comparing Orix (IX) and BX for possible rotation. Yahoo: IX or BX — Which is the better value?
• Neutral Sentiment: Industry commentary on peers (e.g., TPG) highlights sector volatility and valuation re-pricing; useful context but not an immediate negative for BX. Investors should focus on Blackstone’s own earnings and fee-related revenue. MarketBeat: TPG and alternatives industry review

Blackstone Stock Performance

Shares of BX stock opened at $129.05 on Friday. Blackstone Inc. has a 12 month low of $101.73 and a 12 month high of $190.09. The firm has a market capitalization of $95.78 billion, a P/E ratio of 33.26, a P/E/G ratio of 1.32 and a beta of 1.74. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.76 and a quick ratio of 0.76. The company’s fifty day moving average price is $117.14 and its two-hundred day moving average price is $139.80.

Blackstone (NYSE:BX) last released its quarterly earnings results on Thursday, January 29th. The asset manager reported $1.75 EPS for the quarter, topping the consensus estimate of $1.54 by $0.21. Blackstone had a return on equity of 22.17% and a net margin of 20.89%.The business had revenue of $4.36 billion for the quarter, compared to analysts’ expectations of $3.69 billion. During the same quarter in the previous year, the firm posted $1.69 earnings per share. The company’s revenue was up 41.4% compared to the same quarter last year. On average, research analysts anticipate that Blackstone Inc. will post 5.87 earnings per share for the current fiscal year.

Blackstone Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 9th were paid a $1.49 dividend. This represents a $5.96 dividend on an annualized basis and a dividend yield of 4.6%. This is a boost from Blackstone’s previous quarterly dividend of $1.29. The ex-dividend date was Monday, February 9th. Blackstone’s payout ratio is presently 153.61%.

About Blackstone

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.