Danske Bank A S Buys New Stake in Blackstone Inc. $BX

Posted by Geri Gentry on Aug 20th, 2026

Danske Bank A S bought a new position in Blackstone Inc. (NYSE:BX – Free Report) during the second quarter, Holdings Channel reports. The firm bought 282,156 shares of the asset manager’s stock, valued at approximately $33,201,000.

Other large investors have also added to or reduced their stakes in the company. Vanguard Personalized Indexing Management LLC lifted its holdings in Blackstone by 9.0% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 100,951 shares of the asset manager’s stock worth $15,561,000 after buying an additional 8,321 shares in the last quarter. Matrix Private Capital Group LLC acquired a new stake in shares of Blackstone in the first quarter valued at $1,340,000. Vanguard Group Inc. grew its stake in Blackstone by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 71,667,695 shares of the asset manager’s stock worth $11,046,859,000 after purchasing an additional 840,258 shares in the last quarter. Marble Wealth LLC acquired a new stake in Blackstone in the 4th quarter valued at about $7,303,000. Finally, Bank of Nova Scotia grew its position in shares of Blackstone by 92.2% during the first quarter. Bank of Nova Scotia now owns 807,184 shares of the asset manager’s stock worth $92,817,000 after buying an additional 387,109 shares in the last quarter. Institutional investors own 70.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Dbs Bank upgraded shares of Blackstone to a “moderate buy” rating in a research note on Wednesday, May 27th. Keefe, Bruyette & Woods raised shares of Blackstone to a “hold” rating in a research report on Monday, July 20th. Citizens Jmp dropped their target price on Blackstone from $190.00 to $165.00 and set a “market outperform” rating on the stock in a report on Thursday, July 9th. Rothschild & Co Redburn decreased their price target on Blackstone from $134.00 to $130.00 and set a “neutral” rating for the company in a report on Tuesday, June 9th. Finally, Barclays increased their price objective on Blackstone from $119.00 to $128.00 and gave the company an “equal weight” rating in a 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. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $147.95.

View Our Latest Stock Analysis on BX

Blackstone Price Performance

Shares of BX opened at $145.15 on Thursday. The company has a market capitalization of $108.95 billion, a price-to-earnings ratio of 32.47, a price-to-earnings-growth ratio of 1.56 and a beta of 1.56. Blackstone Inc. has a fifty-two week low of $101.73 and a fifty-two week high of $190.09. The firm has a 50-day simple moving average of $127.99 and a 200-day simple moving average of $122.43. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.72 and a current ratio of 0.72.

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

Blackstone Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Monday, August 3rd were issued a $1.29 dividend. The ex-dividend date was Monday, August 3rd. This represents a $5.16 dividend on an annualized basis 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%.

Insider Transactions at Blackstone

In other Blackstone news, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,500 shares of the business’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $3.78, for a total transaction of $28,264,950.00. Following the sale, the insider directly owned 19,374 shares in the company, valued at approximately $73,233.72. The trade was a 99.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Vikrant Sawhney sold 30,000 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $135.55, for a total transaction of $4,066,500.00. Following the completion of the sale, the insider owned 869,669 shares in the company, valued at $117,883,632.95. This represents a 3.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders bought 1,339,180 shares of company stock worth $35,062,433 and sold 7,562,000 shares worth $40,331,085. Company insiders own 1.00% of the company’s stock.

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.