SFE Investment Counsel Purchases Shares of 75,588 Blackstone Inc. $BX

Posted by George Bondi on Aug 16th, 2026

SFE Investment Counsel bought a new position in Blackstone Inc. (NYSE:BX – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 75,588 shares of the asset manager’s stock, valued at approximately $8,894,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Strive Asset Management LLC acquired a new stake in shares of Blackstone during the third quarter valued at approximately $30,000. Ares Financial Consulting LLC purchased a new stake in shares of Blackstone in the fourth quarter valued at $28,000. Kelleher Financial Advisors acquired a new position in Blackstone during the third quarter valued at $34,000. Palladiem LLC acquired a new stake in Blackstone during the 4th quarter worth about $31,000. Finally, Entrust Financial LLC purchased a new stake in shares of Blackstone in the fourth quarter worth approximately $32,000. Institutional investors and hedge funds own 70.00% of the company’s stock.

Insider Buying and Selling

In other news, insider Vikrant Sawhney sold 30,000 shares of Blackstone stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $135.55, for a total value of $4,066,500.00. Following the transaction, the insider directly owned 869,669 shares in the company, valued at approximately $117,883,632.95. The trade was a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Ruth Porat bought 371 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The shares were acquired at an average price of $137.17 per share, with a total value of $50,890.07. Following the purchase, the director owned 42,189 shares in the company, valued at $5,787,065.13. This trade represents a 0.89% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders acquired 1,339,180 shares of company stock valued at $35,062,433 and sold 7,562,000 shares valued at $40,331,085. 1.00% of the stock is owned by company insiders.

Blackstone Price Performance

NYSE BX opened at $143.94 on Friday. The firm has a market cap of $108.04 billion, a P/E ratio of 32.20, a price-to-earnings-growth ratio of 1.60 and a beta of 1.56. The stock’s 50-day moving average is $126.51 and its two-hundred day moving average is $122.70. Blackstone Inc. has a fifty-two week low of $101.73 and a fifty-two week high of $190.09. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.72 and a quick ratio of 0.76.

Blackstone (NYSE:BX – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The asset manager reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.34 by $0.18. Blackstone had a return on equity of 23.77% and a net margin of 21.84%.The business had revenue of $5.04 billion for the quarter, compared to analyst estimates of $3.42 billion. During the same quarter in the prior year, the firm posted $0.98 EPS. The firm’s revenue for the quarter was up 35.9% on a year-over-year basis. On average, analysts anticipate that Blackstone Inc. will post 6 earnings per share for the current fiscal year.

Blackstone Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Monday, August 3rd were issued a dividend of $1.29 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $5.16 annualized dividend and a dividend yield of 3.6%. This is an increase from Blackstone’s previous quarterly dividend of $1.16. Blackstone’s payout ratio is currently 115.44%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on BX. Jefferies Financial Group lifted their target price on shares of Blackstone from $143.00 to $152.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Keefe, Bruyette & Woods upgraded Blackstone to a “hold” rating in a research note on Monday, July 20th. Dbs Bank raised Blackstone to a “moderate buy” rating in a research note on Wednesday, May 27th. Rothschild & Co Redburn lowered their price target on Blackstone from $134.00 to $130.00 and set a “neutral” rating for the company in a research note on Tuesday, June 9th. Finally, The Goldman Sachs Group raised their price objective on shares of Blackstone from $114.00 to $127.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. Thirteen analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat.com, Blackstone presently has a consensus rating of “Moderate Buy” and a consensus target price of $147.95.

Check Out Our Latest Stock Report on Blackstone

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.