Truist Financial Corp Boosts Stock Position in Blackstone Inc. $BX

Truist Financial Corp lifted its stake in shares of Blackstone Inc. (NYSE:BX) by 9.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 229,134 shares of the asset manager’s stock after purchasing an additional 20,112 shares during the quarter. Truist Financial Corp’s holdings in Blackstone were worth $39,147,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in Blackstone by 2.2% during the second quarter. Vanguard Group Inc. now owns 69,492,377 shares of the asset manager’s stock valued at $10,394,670,000 after acquiring an additional 1,494,796 shares during the last quarter. Redmond Asset Management LLC grew its holdings in Blackstone by 21.2% in the 2nd quarter. Redmond Asset Management LLC now owns 18,785 shares of the asset manager’s stock worth $2,810,000 after acquiring an additional 3,281 shares during the last quarter. Exchange Traded Concepts LLC raised its stake in shares of Blackstone by 733.2% during the third quarter. Exchange Traded Concepts LLC now owns 13,715 shares of the asset manager’s stock valued at $2,343,000 after acquiring an additional 12,069 shares during the last quarter. Longfellow Investment Management Co. LLC grew its stake in shares of Blackstone by 259.8% in the second quarter. Longfellow Investment Management Co. LLC now owns 22,160 shares of the asset manager’s stock worth $3,315,000 after purchasing an additional 16,001 shares during the last quarter. Finally, Whittier Trust Co. raised its position in Blackstone by 2.1% during the 3rd quarter. Whittier Trust Co. now owns 346,318 shares of the asset manager’s stock valued at $58,337,000 after purchasing an additional 7,053 shares during the last quarter. Hedge funds and other institutional investors own 70.00% of the company’s stock.

Insider Activity at Blackstone

In other news, Director James Breyer acquired 13,900 shares of Blackstone stock in a transaction that occurred on Tuesday, November 4th. The stock was bought at an average price of $143.86 per share, for a total transaction of $1,999,654.00. Following the completion of the transaction, the director owned 68,906 shares in the company, valued at $9,912,817.16. The trade was a 25.27% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ruth Porat purchased 324 shares of the business’s stock in a transaction on Monday, November 10th. The shares were purchased at an average price of $146.92 per share, with a total value of $47,602.08. Following the completion of the purchase, the director owned 39,077 shares in the company, valued at approximately $5,741,192.84. This trade represents a 0.84% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 783,978 shares of company stock worth $22,058,454 in the last three months. 1.00% of the stock is currently owned by company insiders.

Blackstone News Roundup

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Q4 beats — Blackstone topped estimates on both revenue ($4.36B) and EPS ($1.75), driven by dealmaking and fee strength; management highlighted record distributable earnings on the call, supporting the firm’s earnings quality. Blackstone Inc (BX) Q4 2025 Earnings Call Highlights
• Positive Sentiment: Record AUM and inflows — AUM reached about $1.27T with roughly $71.5B of inflows in the quarter, boosting management fees and long-term revenue visibility. That inflow momentum underpins future fee growth. BX’s Q4 Earnings Beat as AUM Touches Record High on Solid Inflows
• Positive Sentiment: Data-center & infrastructure tailwinds — Management cited growth in the data-center business and infrastructure strategy as key contributors to the “blowout” quarter, signaling durable growth areas. Blackstone’s Private Equity and Real Estate Are Bouncing Back. Private Credit Is Fine, Too.
• Neutral Sentiment: Macro/tech theme — Executives pointed to AI development as a major economic growth driver and are positioning capital accordingly; positive for strategy but with execution/timing uncertainty. AI development is biggest economic growth driver, Blackstone says
• Neutral Sentiment: Potential opportunistic deals — Reports that Blackstone is weighing deeper investments in data-center opportunities and a possible New World Development move signal deal flow upside but also execution and geopolitical considerations. Blackstone mulls deeper bet on Oracle’s Michigan data center – report
• Negative Sentiment: Costs and segment softness — Some segments showed weaker revenue and operating expenses rose, which could pressure margins if inflows or fee rates slow. Blackstone Inc. (BX) Reports Q4 Earnings: What Key Metrics Have to Say
• Negative Sentiment: Analyst target trim — HSBC trimmed its price target (hold), which can amplify post-earnings selling and short-term headwinds for the shares. HSBC adjusts price target on Blackstone

Blackstone Trading Down 2.7%

Shares of NYSE BX opened at $142.86 on Friday. The company has a market cap of $105.49 billion, a PE ratio of 40.82, a P/E/G ratio of 1.03 and a beta of 1.75. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.75 and a current ratio of 0.75. The firm’s 50 day moving average price is $153.03 and its 200-day moving average price is $160.96. Blackstone Inc. has a 52-week low of $115.66 and a 52-week high of $190.09.

Blackstone (NYSE:BX) last announced its quarterly earnings data on Thursday, January 29th. The asset manager reported $1.75 earnings per share for the quarter, topping analysts’ consensus estimates of $1.54 by $0.21. Blackstone had a net margin of 20.56% and a return on equity of 22.30%. The company had revenue of $4.36 billion during the quarter, compared to analyst estimates of $3.69 billion. During the same period in the previous year, the business earned $1.69 EPS. The firm’s revenue for the quarter was up 41.4% on a year-over-year basis. On average, equities research analysts expect that Blackstone Inc. will post 5.87 EPS for the current fiscal year.

Blackstone Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th will be paid a $1.49 dividend. This is a boost from Blackstone’s previous quarterly dividend of $1.29. This represents a $5.96 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Monday, February 9th. Blackstone’s dividend payout ratio (DPR) is presently 147.43%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Jefferies Financial Group decreased their target price on Blackstone from $187.00 to $185.00 and set a “buy” rating for the company in a report on Thursday, January 8th. 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. UBS Group decreased their price target on shares of Blackstone from $175.00 to $172.00 and set a “neutral” rating for the company in a research note on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft increased their target price on Blackstone from $164.00 to $185.00 and gave the stock a “buy” rating in a research report on Wednesday, December 17th. Finally, HSBC lowered their price objective on Blackstone from $178.00 to $174.00 and set a “hold” rating for the company in a research report on Wednesday. Nine research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $177.05.

Blackstone 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.