Torray Investment Partners LLC Acquires 25,613 Shares of Blackstone Inc. $BX

Posted by Geri Gentry on Jul 11th, 2026

Torray Investment Partners LLC grew its stake in Blackstone Inc. (NYSE:BX – Free Report) by 18.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 165,160 shares of the asset manager’s stock after purchasing an additional 25,613 shares during the period. Blackstone makes up approximately 2.8% of Torray Investment Partners LLC’s holdings, making the stock its 16th largest holding. Torray Investment Partners LLC’s holdings in Blackstone were worth $18,992,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Granite Bay Wealth Management LLC lifted its holdings in Blackstone by 33.5% during the 1st quarter. Granite Bay Wealth Management LLC now owns 45,645 shares of the asset manager’s stock valued at $5,257,000 after purchasing an additional 11,447 shares during the last quarter. Simplicity Wealth LLC increased its holdings in shares of Blackstone by 25.3% during the first quarter. Simplicity Wealth LLC now owns 2,659 shares of the asset manager’s stock worth $306,000 after buying an additional 537 shares in the last quarter. Candriam S.C.A. raised its stake in shares of Blackstone by 6.8% in the first quarter. Candriam S.C.A. now owns 46,852 shares of the asset manager’s stock valued at $5,388,000 after acquiring an additional 2,995 shares during the last quarter. Sequoia Financial Advisors LLC grew its position in Blackstone by 13.0% during the 1st quarter. Sequoia Financial Advisors LLC now owns 233,387 shares of the asset manager’s stock worth $26,837,000 after acquiring an additional 26,889 shares during the last quarter. Finally, Relyea Zuckerberg Hanson LLC raised its position in Blackstone by 8.0% in the 1st quarter. Relyea Zuckerberg Hanson LLC now owns 2,951 shares of the asset manager’s stock valued at $339,000 after purchasing an additional 218 shares during the last quarter. 70.00% of the stock is currently owned by institutional investors and hedge funds.

Blackstone Trading Up 0.7%

Shares of NYSE BX traded up $0.82 during mid-day trading on Friday, hitting $122.97. The company’s stock had a trading volume of 2,568,812 shares, compared to its average volume of 4,830,672. Blackstone Inc. has a one year low of $101.73 and a one year high of $190.09. The company’s fifty day simple moving average is $119.72 and its 200-day simple moving average is $126.95. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.76 and a quick ratio of 0.76. The stock has a market cap of $91.35 billion, a price-to-earnings ratio of 31.45, a price-to-earnings-growth ratio of 1.33 and a beta of 1.58.

Blackstone (NYSE:BX – Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The asset manager reported $1.36 earnings per share for the quarter, beating 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 analyst estimates of $3.45 billion. During the same period in the prior year, the business posted $1.11 earnings per share. Blackstone’s revenue was up 10.0% compared to the same quarter last year. On average, sell-side analysts anticipate that Blackstone Inc. will post 5.9 earnings per share for the current fiscal year.

Blackstone Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, May 4th were given a $1.16 dividend. This represents a $4.64 annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Monday, May 4th. Blackstone’s dividend payout ratio (DPR) is currently 118.67%.

Insiders Place Their Bets

In related news, major shareholder Treasury Holdings I. Blackstone acquired 9,486,795 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was acquired at an average price of $20.00 per share, for a total transaction of $189,735,900.00. Following the completion of the acquisition, the insider owned 9,111,800 shares of the company’s stock, valued at $182,236,000. This trade represents a -2,529.85% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Vikrant Sawhney sold 30,014 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $125.79, for a total value of $3,775,461.06. Following the transaction, the insider owned 899,669 shares of the company’s stock, 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. Insiders have purchased a total of 10,252,345 shares of company stock valued at $209,789,893 in the last ninety days. 1.00% of the stock is currently owned by insiders.

Trending Headlines about Blackstone

Here are the key news stories impacting Blackstone this week:

Positive Sentiment: Citizens JMP lifted its price target on Blackstone to $165 from $190 and kept an “outperform” view, signaling confidence that the shares still have meaningful upside from current levels. Blackstone (NYSE:BX) Given New $165.00 Price Target at Citizens Jmp
Positive Sentiment: Blackstone and TPG are reportedly seeking more than $4 billion for Hologic’s surgical unit, underscoring continued private-equity dealmaking activity and potential value creation from large asset sales or acquisitions. Blackstone, TPG seek over $4 billion for Hologic’s surgical unit, FT says
Positive Sentiment: Reports that Barclays is preparing roughly $875 million of debt financing tied to a Blackstone takeover highlight active transaction flow that can support fees and investment returns for the firm. Market Chatter: Barclays Readies $875 Million Debt Sale for Blackstone’s Senior Takeover
Neutral Sentiment: Barclays cut Blackstone’s price target to $119 from $124 and kept an “equal weight” rating, reflecting a more cautious near-term view even as the target remains close to the current share price. Blackstone (NYSE:BX) Price Target Lowered to $119.00 at Barclays
Neutral Sentiment: A separate report said Apollo and Blackstone helped turn Broadcom’s and Anthropic’s AI chip financing into debt for other investors, which is notable but not directly a clear positive or negative catalyst for BX shares. Apollo and Blackstone just turned Broadcom, Anthropic’s AI chip bet into somebody else’s debt

Analysts Set New Price Targets

BX has been the topic of several research analyst reports. Piper Sandler increased their target price on Blackstone from $122.00 to $130.00 and gave the stock a “neutral” rating in a report on Monday, April 27th. Weiss Ratings downgraded shares of Blackstone from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 4th. Zacks Research upgraded shares of Blackstone from a “strong sell” rating to a “hold” rating in a research report on Monday, June 8th. Barclays reduced their target price on shares of Blackstone from $124.00 to $119.00 and set an “equal weight” rating on the stock in a research report on Thursday. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Blackstone from $142.00 to $136.00 and set a “neutral” rating for the company in a research report on Friday, April 24th. Thirteen research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $147.10.

Get Our Latest Stock Analysis on BX

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.