Blackstone (NYSE:BX) Stock Acquired Rep. Dan Newhouse

Representative Dan Newhouse (R-Washington) recently bought shares of Blackstone Inc. (NYSE:BX). In a filing disclosed on January 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in Blackstone stock on December 11th. The trade occurred in the Representative’s “EDWARD JONES BROKERAGE” account.

Representative Dan Newhouse also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Royal Caribbean Cruises (NYSE:RCL) on 12/31/2025.
• Purchased $1,001 – $15,000 in shares of Broadridge Financial Solutions (NYSE:BR) on 12/31/2025.
• Purchased $1,001 – $15,000 in shares of Synopsys (NASDAQ:SNPS) on 12/31/2025.
• Sold $1,001 – $15,000 in shares of Brown & Brown (NYSE:BRO) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 12/11/2025.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of T-Mobile US (NASDAQ:TMUS) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of Textron (NYSE:TXT) on 12/11/2025.
• Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 12/11/2025.
• Sold $1,001 – $15,000 in shares of Truist Financial (NYSE:TFC) on 12/11/2025.

Blackstone Stock Performance

Shares of NYSE:BX traded up $2.86 during midday trading on Monday, reaching $163.67. The company’s stock had a trading volume of 4,125,992 shares, compared to its average volume of 2,999,517. The firm has a market capitalization of $120.86 billion, a PE ratio of 46.76, a P/E/G ratio of 1.15 and a beta of 1.75. The stock has a fifty day moving average of $151.03 and a 200 day moving average of $161.37. Blackstone Inc. has a twelve month low of $115.66 and a twelve month high of $190.09. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.60.

Blackstone (NYSE:BX) last posted its quarterly earnings results on Thursday, October 23rd. The asset manager reported $1.52 EPS for the quarter, beating the consensus estimate of $1.23 by $0.29. Blackstone had a net margin of 20.56% and a return on equity of 22.30%. The company had revenue of $3.09 billion for the quarter, compared to analyst estimates of $3.14 billion. During the same period in the prior year, the company earned $1.02 earnings per share. The firm’s revenue was down 15.7% on a year-over-year basis. On average, equities analysts expect that Blackstone Inc. will post 5.87 EPS for the current fiscal year.

Blackstone Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 10th. Stockholders of record on Monday, November 3rd were issued a $1.29 dividend. This is an increase from Blackstone’s previous quarterly dividend of $1.03. The ex-dividend date of this dividend was Monday, November 3rd. This represents a $5.16 annualized dividend and a dividend yield of 3.2%. Blackstone’s payout ratio is currently 147.43%.

Insider Activity

In other news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the business’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $10.00, for a total value of $15,961,420.00. Following the completion of the sale, the insider owned 2,161 shares of the company’s stock, valued at approximately $21,610. The trade was a 99.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James Breyer acquired 13,900 shares of the stock in a transaction that occurred on Tuesday, November 4th. The stock was purchased at an average cost of $143.86 per share, with a total value of $1,999,654.00. Following the completion of the acquisition, the director owned 68,906 shares of the company’s stock, valued at $9,912,817.16. The trade was a 25.27% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders acquired 797,148 shares of company stock valued at $24,050,153. 1.00% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have weighed in on BX shares. Barclays cut their price objective on shares of Blackstone from $172.00 to $171.00 and set an “equal weight” rating for the company in a report on Friday, January 9th. Bank of America dropped their target price on shares of Blackstone from $199.00 to $189.00 in a research report on Wednesday, December 10th. Keefe, Bruyette & Woods reduced their price target on shares of Blackstone from $180.00 to $171.00 and set a “market perform” rating for the company in a research report on Monday, October 13th. Morgan Stanley boosted their price objective on Blackstone from $200.00 to $215.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 21st. Finally, UBS Group reduced their price objective on Blackstone from $175.00 to $172.00 and set a “neutral” rating for the company in a research note on Tuesday, January 13th. Ten analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $177.25.

Institutional Investors Weigh In On Blackstone

A number of hedge funds and other institutional investors have recently modified their holdings of BX. REAP Financial Group LLC purchased a new position in shares of Blackstone in the 3rd quarter worth about $26,000. Traub Capital Management LLC acquired a new position in Blackstone during the second quarter valued at approximately $27,000. Family CFO Inc acquired a new stake in shares of Blackstone in the second quarter worth $28,000. Redmont Wealth Advisors LLC purchased a new stake in Blackstone during the 3rd quarter worth $30,000. Finally, Strive Asset Management LLC acquired a new position in shares of Blackstone during the third quarter worth about $30,000. 70.00% of the stock is currently owned by hedge funds and other institutional investors.

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.

Click here to see Newhouse’s key votes in Congress.

Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.

Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

Blackstone Company Profile

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.