Quadrant Private Wealth Management LLC Grows Stake in Blackstone Inc. $BX

Posted by George Bondi on Jul 18th, 2026

Quadrant Private Wealth Management LLC increased its holdings in shares of Blackstone Inc. (NYSE:BX – Free Report) by 28.6% in the 1st quarter, Holdings Channel.com reports. The firm owned 28,947 shares of the asset manager’s stock after acquiring an additional 6,430 shares during the quarter. Quadrant Private Wealth Management LLC’s holdings in Blackstone were worth $3,329,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Strive Asset Management LLC acquired a new position in shares of Blackstone in the 3rd quarter valued at $30,000. Family CFO Inc acquired a new stake in Blackstone during the 4th quarter worth $28,000. Ares Financial Consulting LLC purchased a new stake in Blackstone in the fourth quarter valued at $28,000. Richardson Financial Services Inc. purchased a new position in shares of Blackstone during the fourth quarter worth about $29,000. Finally, Kelleher Financial Advisors acquired a new stake in shares of Blackstone during the third quarter worth about $34,000. Institutional investors and hedge funds own 70.00% of the company’s stock.

Blackstone Price Performance

Shares of BX opened at $126.96 on Friday. The firm has a market capitalization of $94.32 billion, a PE ratio of 32.47, a P/E/G ratio of 1.39 and a beta of 1.58. The stock’s 50 day moving average is $119.92 and its two-hundred day moving average is $125.90. Blackstone Inc. has a twelve month low of $101.73 and a twelve month high of $190.09. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.66.

Blackstone (NYSE:BX – Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The asset manager reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.34 by $0.02. The firm had revenue of $3.43 billion for the quarter, compared to the consensus estimate of $3.45 billion. Blackstone had a return on equity of 22.86% and a net margin of 20.67%.The company’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.11 earnings per share. Research analysts anticipate that Blackstone Inc. will post 5.89 earnings per share for the current 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 paid a dividend of $1.16 per share. The ex-dividend date of this dividend was Monday, May 4th. This represents a $4.64 dividend on an annualized basis and a dividend yield of 3.7%. Blackstone’s dividend payout ratio is 118.67%.

Analyst Upgrades and Downgrades

BX has been the topic of a number of research reports. JPMorgan Chase & Co. dropped their price target on Blackstone from $136.00 to $132.00 and set a “neutral” rating on the stock in a research note on Thursday. BNP Paribas Exane decreased their price objective on Blackstone from $126.00 to $125.00 and set a “neutral” rating for the company in a report on Tuesday, June 30th. Morgan Stanley reduced their price target on shares of Blackstone from $215.00 to $184.00 and set an “overweight” rating for the company in a research report on Tuesday, April 21st. Oppenheimer lowered their price objective on shares of Blackstone from $156.00 to $139.00 and set an “outperform” rating on the stock in a research report on Friday. Finally, HSBC dropped their price objective on shares of Blackstone from $164.00 to $131.00 and set a “hold” rating on the stock in a research note on Friday, April 10th. Thirteen analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $145.52.

View Our Latest Stock Report on Blackstone

Insiders Place Their Bets

In other Blackstone news, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,500 shares of the stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $3.78, for a total value of $28,264,950.00. Following the completion of the transaction, the insider directly owned 19,374 shares of the company’s stock, valued at approximately $73,233.72. This trade represents a 99.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, major shareholder Private Multi-Asset Blackstone purchased 765,111 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The shares were purchased at an average cost of $26.14 per share, for a total transaction of $20,000,001.54. Following the purchase, the insider directly owned 7,882,145 shares in the company, valued at approximately $206,039,270.30. This represents a 10.75% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have bought 10,252,345 shares of company stock worth $209,789,893. Insiders own 1.00% of the company’s stock.

Key Blackstone News

Here are the key news stories impacting Blackstone this week:

Positive Sentiment: Blackstone is expanding its alternatives platform in Asia-Pacific by launching a new India infrastructure platform and hiring Ami Momaya from KKR to lead the effort, a move that could support long-term growth in the region. Blackstone creates new APAC infrastructure platform, hires Momaya from KKR
Positive Sentiment: Blackstone is also tied to the launch of Ode, an AI services company developed with Anthropic and other investors, which reinforces the firm’s exposure to AI and infrastructure investing themes. Is Blackstone (BX) Quietly Rewriting Its AI and Infrastructure Playbook With Ode and India?
Positive Sentiment: Several commentary pieces say Blackstone remains positioned to beat upcoming earnings estimates, with Wall Street expecting earnings growth and the company cited for strong earnings and price momentum. Why Blackstone Inc. (BX) is Poised to Beat Earnings Estimates Again
Neutral Sentiment: JPMorgan lowered its price target on Blackstone to $132 from $136 but kept a neutral rating, signaling a more cautious near-term outlook rather than a bearish call. Blackstone price target lowered by JPMorgan
Neutral Sentiment: Oppenheimer also cut its price target to $139 from $156, though it maintained an outperform rating, suggesting analysts still see upside from current levels despite trimming expectations. Blackstone price target lowered by Oppenheimer
Negative Sentiment: The recent target cuts from major brokers may be weighing on sentiment today, even though both firms still see upside and have not turned outright bearish on Blackstone.

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.