Rep. Julie Johnson Sells Blackstone Inc. (NYSE:BX) Stock

Representative Julie Johnson (D-Texas) recently sold shares of Blackstone Inc. (NYSE:BX). In a filing disclosed on December 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Blackstone stock on November 13th. The trade occurred in the Representative’s “CHASE BROKERAGE ACCOUNT (3935)” account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Cigna Group (NYSE:CI) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Xcel Energy (NASDAQ:XEL) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Capital One Financial (NYSE:COF) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Wells Fargo & Company (NYSE:WFC) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Texas Instruments (NASDAQ:TXN) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 11/13/2025.

Blackstone Stock Performance

Shares of BX stock opened at $153.84 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.75 and a quick ratio of 0.75. Blackstone Inc. has a one year low of $115.66 and a one year high of $190.09. The business’s 50 day simple moving average is $149.51 and its 200 day simple moving average is $158.92. The stock has a market capitalization of $113.61 billion, a PE ratio of 43.96, a PEG ratio of 1.22 and a beta of 1.76.

Blackstone (NYSE:BX) last posted its quarterly earnings data on Friday, November 22nd. The asset manager reported $0.97 EPS for the quarter. Blackstone had a net margin of 20.56% and a return on equity of 22.30%. The company had revenue of $2.49 billion for the quarter. As a group, research analysts forecast that Blackstone Inc. will post 5.87 earnings per share for the current year.

Blackstone Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 10th. Investors of record on Monday, November 3rd were paid a $1.29 dividend. This is an increase from Blackstone’s previous quarterly dividend of $1.03. This represents a $5.16 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend was Monday, November 3rd. Blackstone’s payout ratio is presently 147.43%.

Hedge Funds Weigh In On Blackstone

Several large investors have recently added to or reduced their stakes in BX. Perigon Wealth Management LLC boosted its holdings in Blackstone by 3.2% in the 2nd quarter. Perigon Wealth Management LLC now owns 62,484 shares of the asset manager’s stock worth $9,346,000 after buying an additional 1,949 shares during the period. Vanguard Group Inc. lifted its holdings in Blackstone by 2.2% during the 2nd quarter. Vanguard Group Inc. now owns 69,492,377 shares of the asset manager’s stock worth $10,394,670,000 after purchasing an additional 1,494,796 shares in the last quarter. Redmond Asset Management LLC grew its holdings in Blackstone by 21.2% during the 2nd quarter. Redmond Asset Management LLC now owns 18,785 shares of the asset manager’s stock valued at $2,810,000 after buying an additional 3,281 shares in the last quarter. Kera Capital Partners Inc. bought a new stake in shares of Blackstone during the second quarter valued at about $273,000. Finally, Bourgeon Capital Management LLC purchased a new position in Blackstone during the second quarter valued at approximately $423,000. Institutional investors own 70.00% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on BX. Keefe, Bruyette & Woods cut their price target on shares of Blackstone from $180.00 to $171.00 and set a “market perform” rating on the stock in a research report on Monday, October 13th. HSBC decreased their target price on Blackstone from $179.00 to $178.00 in a research note on Monday, October 27th. TD Cowen cut their price target on Blackstone from $208.00 to $205.00 and set a “buy” rating on the stock in a report on Friday, October 24th. UBS Group began coverage on shares of Blackstone in a research note on Thursday, December 11th. They issued a “neutral” rating and a $175.00 price objective for the company. Finally, JPMorgan Chase & Co. reduced their price target on shares of Blackstone from $177.00 to $176.00 and set a “neutral” rating for the company in a report on Friday, October 24th. Ten equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $179.95.

Insider Transactions at Blackstone

In other Blackstone news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the company’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $10.00, for a total value of $15,961,420.00. Following the transaction, the insider directly owned 2,161 shares in the company, valued at $21,610. This represents a 99.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Holdings Iv Gp Mana Blackstone acquired 385,208 shares of the business’s stock in a transaction dated Friday, November 21st. The shares were acquired at an average cost of $25.96 per share, with a total value of $9,999,999.68. Following the acquisition, the insider directly owned 16,332,883 shares of the company’s stock, valued at $424,001,642.68. This represents a 2.42% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders purchased 2,950,751 shares of company stock worth $79,050,138. 1.00% of the stock is owned by corporate insiders.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

Blackstone Company Profile

Blackstone Inc is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services.