Blackstone Inc. $BX Shares Sold by Huntington National Bank

Posted by Brian Himes on May 29th, 2026

Huntington National Bank decreased its position in shares of Blackstone Inc. (NYSE:BX – Free Report) by 14.9% during the 4th quarter, HoldingsChannel reports. The fund owned 25,973 shares of the asset manager’s stock after selling 4,562 shares during the quarter. Huntington National Bank’s holdings in Blackstone were worth $4,003,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of BX. Brighton Jones LLC boosted its position in shares of Blackstone by 34.6% during the 4th quarter. Brighton Jones LLC now owns 7,917 shares of the asset manager’s stock valued at $1,365,000 after acquiring an additional 2,035 shares during the last quarter. Sivia Capital Partners LLC lifted its position in Blackstone by 9.3% in the second quarter. Sivia Capital Partners LLC now owns 2,076 shares of the asset manager’s stock valued at $310,000 after buying an additional 177 shares during the last quarter. United Bank lifted its position in Blackstone by 14.7% in the second quarter. United Bank now owns 13,528 shares of the asset manager’s stock valued at $2,024,000 after buying an additional 1,729 shares during the last quarter. Nebula Research & Development LLC acquired a new position in Blackstone in the second quarter valued at about $1,124,000. Finally, Sei Investments Co. lifted its position in Blackstone by 1.9% in the second quarter. Sei Investments Co. now owns 452,619 shares of the asset manager’s stock valued at $67,703,000 after buying an additional 8,655 shares during the last quarter. Institutional investors and hedge funds own 70.00% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Barclays decreased their target price on shares of Blackstone from $126.00 to $124.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 8th. UBS Group decreased their target price on shares of Blackstone from $171.00 to $137.00 and set a “neutral” rating on the stock in a research report on Friday, February 20th. Royal Bank Of Canada set a $173.00 target price on Blackstone in a report on Friday, April 24th. Deutsche Bank Aktiengesellschaft lowered their target price on Blackstone from $156.00 to $146.00 and set a “buy” rating for the company in a report on Friday, April 24th. Finally, Weiss Ratings cut shares of Blackstone from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 4th. Twelve investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $151.05.

Read Our Latest Stock Analysis on BX

Insider Activity

In other news, major shareholder Holdings Iv Gp Mana Blackstone bought 2,868,069 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The shares were purchased at an average cost of $26.15 per share, for a total transaction of $75,000,004.35. Following the completion of the purchase, the insider owned 18,628,295 shares of the company’s stock, valued at approximately $487,129,914.25. This represents a 18.20% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Vikrant Sawhney sold 30,014 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $125.79, for a total transaction of $3,775,461.06. Following the sale, the insider owned 899,669 shares in the company, valued at $113,169,363.51. The trade was a 3.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders bought 12,355,303 shares of company stock valued at $264,789,896 and sold 7,532,518 shares valued at $30,496,500. 1.00% of the stock is currently owned by corporate insiders.

Blackstone Stock Down 1.6%

Shares of BX opened at $116.06 on Friday. The stock has a market capitalization of $86.22 billion, a PE ratio of 29.68, a P/E/G ratio of 1.28 and a beta of 1.63. Blackstone Inc. has a 1 year low of $101.73 and a 1 year high of $190.09. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.76 and a current ratio of 0.76. The company’s 50-day simple moving average is $118.61 and its 200-day simple moving average is $132.80.

Blackstone (NYSE:BX – Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The asset manager reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.02. Blackstone had a net margin of 20.67% and a return on equity of 22.86%. The business had revenue of $3.43 billion for the quarter, compared to analysts’ expectations of $3.45 billion. During the same quarter in the prior year, the company earned $1.11 earnings per share. The business’s quarterly revenue was up 10.0% on a year-over-year basis. Analysts forecast that Blackstone Inc. will post 5.9 earnings per share for the current fiscal year.

Blackstone Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Monday, May 4th were paid a dividend of $1.16 per share. This represents a $4.64 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Monday, May 4th. Blackstone’s dividend payout ratio is presently 118.67%.

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.