Bedell Frazier Investment Counselling LLC Raises Stock Position in Blackstone Inc. $BX

Bedell Frazier Investment Counselling LLC grew its holdings in shares of Blackstone Inc. (NYSE:BX) by 1,130.2% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 18,822 shares of the asset manager’s stock after acquiring an additional 17,292 shares during the quarter. Bedell Frazier Investment Counselling LLC’s holdings in Blackstone were worth $3,216,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in BX. William Blair Investment Management LLC bought a new stake in shares of Blackstone in the 3rd quarter valued at approximately $244,000. APG Asset Management N.V. lifted its position in Blackstone by 1.8% in the third quarter. APG Asset Management N.V. now owns 410,300 shares of the asset manager’s stock worth $70,100,000 after buying an additional 7,400 shares during the last quarter. Aprio Wealth Management LLC increased its position in Blackstone by 6.1% during the third quarter. Aprio Wealth Management LLC now owns 5,154 shares of the asset manager’s stock valued at $881,000 after acquiring an additional 298 shares during the last quarter. Meridian Wealth Advisors LLC raised its stake in shares of Blackstone by 9.8% in the third quarter. Meridian Wealth Advisors LLC now owns 8,280 shares of the asset manager’s stock valued at $1,415,000 after acquiring an additional 740 shares during the period. Finally, United Bank boosted its stake in shares of Blackstone by 7.7% during the 3rd quarter. United Bank now owns 14,575 shares of the asset manager’s stock worth $2,490,000 after purchasing an additional 1,047 shares during the period. 70.00% of the stock is owned by institutional investors.

Blackstone News Roundup

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Strong Q4 results: Blackstone reported substantial revenue and margin growth in Q4 (robust cash generation and improved profitability), which supports earnings momentum and valuation. Blackstone Inc. (BX) Releases Q4 2025 Earnings
• Positive Sentiment: RBC initiation: RBC Capital started coverage with an Outperform and $179 target, citing Blackstone’s first‑mover advantages in alternatives — a potential catalyst for investor confidence and price support. RBC Capital Initiates Blackstone (BX) Coverage
• Positive Sentiment: AI/data-center push: Bloomberg reports Blackstone plans a public vehicle to buy AI data centers — a move that could monetize and scale a fast-growing, high‑demand asset class. That strategy can boost fee‑bearing AUM if executed well. Blackstone plans public vehicle to buy AI data centers – Bloomberg
• Positive Sentiment: Life‑sciences funding: Blackstone Life Sciences (BXLS) agreed to fund development of bleximenib for AML — a growth/exit option in health‑tech that can produce high-return realizations for investors if trials succeed. Is Blackstone Inc. (BX) One of the Best Cheap Blue Chip Stocks to Buy According to Analysts?
• Positive Sentiment: Portfolio reshaping and new assets: Completed acquisition of Champions Group (home services) and first hydrogen-capable plant (Magnolia) expand fee and infrastructure exposure — diversification that can lift long‑term AUM and cash flow. Blackstone Reshapes Portfolio With Home Services And Hydrogen While Shares Slide
• Neutral Sentiment: Industry comparisons and valuation pieces (XP vs BX, value investor writeups) are circulating; useful for framing relative value but unlikely to trigger immediate stock moves. XP vs. BX: Which Stock Should Value Investors Buy Now?
• Negative Sentiment: ESOP-linked shelf registration (~$1.47B / 12.8M shares): Blackstone filed a large shelf tied to an ESOP offering — this increases near‑term equity capacity and can create selling pressure or dilution concerns for holders. Is Blackstone’s (BX) ESOP Stock Offering Quietly Reframing Its Private Credit And Power Ambitions?
• Negative Sentiment: Shares lagging/underperforming coverage: Several articles note BX underperforming the Dow and recent share slide, reflecting market skepticism about near‑term catalysts despite strategic moves — a factor pressuring the stock. Is Blackstone Stock Underperforming the Dow?

Insider Buying and Selling at Blackstone

In other Blackstone news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of Blackstone stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $10.00, for a total transaction of $15,961,420.00. Following the completion of the transaction, the insider owned 2,161 shares in the company, valued at approximately $21,610. This trade represents a 99.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder Holdings Iv Gp Mana Blackstone purchased 1,146,789 shares of Blackstone stock in a transaction that occurred on Monday, February 23rd. The shares were bought at an average price of $26.16 per share, with a total value of $30,000,000.24. Following the completion of the transaction, the insider owned 16,716,249 shares of the company’s stock, valued at $437,297,073.84. This represents a 7.37% increase in their position. The disclosure for this purchase is available in the SEC filing. 1.00% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on BX. HSBC decreased their price objective on shares of Blackstone from $178.00 to $174.00 and set a “hold” rating for the company in a research note on Wednesday, January 28th. Piper Sandler dropped their price objective on Blackstone from $168.00 to $158.00 and set a “neutral” rating for the company in a report on Monday, February 2nd. Jefferies Financial Group reduced their target price on Blackstone from $185.00 to $161.00 and set a “buy” rating on the stock in a research note on Tuesday, February 10th. Citigroup reissued a “market outperform” rating on shares of Blackstone in a research note on Friday, January 30th. Finally, UBS Group decreased their price objective on shares of Blackstone from $171.00 to $137.00 and set a “neutral” rating for the company in a report on Friday, February 20th. Eleven equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $169.38.

Blackstone Stock Performance

Shares of Blackstone stock opened at $113.22 on Friday. Blackstone Inc. has a one year low of $111.04 and a one year high of $190.09. The company has a market capitalization of $83.61 billion, a PE ratio of 29.18, a P/E/G ratio of 0.97 and a beta of 1.76. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.75 and a current ratio of 0.76. The company has a 50-day simple moving average of $143.94 and a two-hundred day simple moving average of $154.61.

Blackstone (NYSE:BX) last issued its quarterly earnings data on Thursday, January 29th. The asset manager reported $1.75 EPS for the quarter, beating the consensus estimate of $1.54 by $0.21. Blackstone had a return on equity of 22.17% and a net margin of 20.89%.The firm had revenue of $4.36 billion during the quarter, compared to analyst estimates of $3.69 billion. During the same quarter in the prior year, the business posted $1.69 EPS. The business’s revenue for the quarter was up 41.4% compared to the same quarter last year. Research analysts expect that Blackstone Inc. will post 5.87 EPS for the current fiscal year.

Blackstone Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were given a dividend of $1.49 per share. The ex-dividend date of this dividend was Monday, February 9th. This represents a $5.96 dividend on an annualized basis and a yield of 5.3%. This is a boost from Blackstone’s previous quarterly dividend of $1.29. Blackstone’s payout ratio is 153.61%.

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.