Kovitz Investment Group Partners LLC Buys 6,527 Shares of Blackstone Inc. $BX

Kovitz Investment Group Partners LLC increased its stake in shares of Blackstone Inc. (NYSE:BX) by 0.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 927,062 shares of the asset manager’s stock after acquiring an additional 6,527 shares during the period. Kovitz Investment Group Partners LLC owned about 0.13% of Blackstone worth $158,389,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. REAP Financial Group LLC bought a new position in shares of Blackstone during the third quarter worth about $26,000. Traub Capital Management LLC acquired a new position in Blackstone during the 2nd quarter worth approximately $27,000. Redmont Wealth Advisors LLC bought a new stake in shares of Blackstone in the third quarter worth $30,000. Parvin Asset Management LLC acquired a new position in Blackstone during the second quarter worth $35,000. Finally, Rexford Capital Inc. acquired a new stake in Blackstone in the 2nd quarter valued at $35,000. Institutional investors and hedge funds own 70.00% of the company’s stock.

Blackstone Trading Down 3.6%

Shares of BX stock opened at $121.20 on Friday. Blackstone Inc. has a 12-month low of $115.66 and a 12-month high of $190.09. The firm has a 50 day moving average price of $147.57 and a two-hundred day moving average price of $156.50. The company has a quick ratio of 0.75, a current ratio of 0.76 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $89.50 billion, a PE ratio of 31.24, a price-to-earnings-growth ratio of 0.94 and a beta of 1.76.

Blackstone (NYSE:BX) last announced its earnings results 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. The company had revenue of $4.36 billion for the quarter, compared to analyst estimates of $3.69 billion. Blackstone had a return on equity of 22.17% and a net margin of 20.89%.The firm’s quarterly revenue was up 41.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.69 earnings per share. As a group, analysts predict that Blackstone Inc. will post 5.87 earnings per share for the current year.

Blackstone Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were paid a $1.49 dividend. This is a positive change from Blackstone’s previous quarterly dividend of $1.29. The ex-dividend date was Monday, February 9th. This represents a $5.96 annualized dividend and a yield of 4.9%. Blackstone’s dividend payout ratio is presently 153.61%.

Insider Buying and Selling

In related news, major shareholder Holdings Iv Gp Mana Blackstone purchased 384,468 shares of Blackstone stock in a transaction that occurred on Friday, December 19th. The shares were acquired at an average price of $26.01 per share, with a total value of $10,000,012.68. Following the completion of the transaction, the insider directly owned 16,525,117 shares of the company’s stock, valued at $429,818,293.17. This represents a 2.38% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of Blackstone stock in a transaction on 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 transaction, the insider directly owned 2,161 shares of the company’s stock, valued at $21,610. This represents a 99.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

BX has been the subject of several analyst reports. BMO Capital Markets decreased their price objective on Blackstone from $180.00 to $165.00 and set an “outperform” rating for the company in a report on Monday, February 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Blackstone in a research note on Wednesday, January 21st. Bank of America dropped their price target on shares of Blackstone from $199.00 to $189.00 in a research report on Wednesday, December 10th. Citigroup restated a “market outperform” rating on shares of Blackstone in a research note on Friday, January 30th. Finally, Citizens Jmp reissued a “market outperform” rating and set a $195.00 price target on shares of Blackstone in a research report on Friday, January 30th. Ten equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $170.14.

Blackstone News Summary

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone’s perpetual private equity fund (BXPE) agreed to acquire Champions Group, a large home‑services platform — a move that grows Blackstone’s exposure to steady, everyday service businesses that are less cyclical and can generate predictable fees/cash flow. Blackstone Expands Into Essential Home Services With Champions Group Deal
• Positive Sentiment: Separate coverage highlights the same Champions Group deal specifically through BX’s perpetual private equity strategy, reinforcing management’s push into durable, yield-generating private assets — supportive for long‑term fee revenue and AUM growth. Blackstone’s (BX) Perpetual Private Equity Strategy Fund To Acquire Champions Group
• Neutral Sentiment: Blackstone disclosed multiple portfolio trades/increased stakes in large tech names (Amazon, Microsoft, Nvidia, Apple, etc.). These are portfolio-management moves by the firm’s funds — notable for transparency but not an immediate driver of BX operational performance. Blackstone Inc. boosts Amazon.com stake with 96,625 shares
• Neutral Sentiment: Analyst coverage remains mixed: Evercore ISI reiterated a buy on BX (supportive), while the consensus across brokerages sits at a “Hold” — signaling no clear analyst catalyst to push the stock sharply higher today. Evercore ISI Keeps Their Buy Rating on Blackstone Group (BX) Blackstone Given Consensus “Hold”
• Negative Sentiment: Liquidity shock in private credit after Blue Owl paused redemptions at a flagship vehicle has rippled across the sector; investors sold private‑credit names (including BX) amid fears of redemptions and mark‑to‑market pressure. This is a key reason for today’s weakness. Blue Owl’s Redemption Shift Shakes Private Credit Industry
• Negative Sentiment: Options market shows elevated bearish positioning: unusually large put buying on BX suggests traders are hedging or speculating on further downside, which can accelerate intraday selling. (Market data reported 20,972 puts traded, ~41% above normal.)

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.