Blackstone Inc. $BX Shares Acquired by KCM Investment Advisors LLC

KCM Investment Advisors LLC boosted its holdings in Blackstone Inc. (NYSE:BX) by 2.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 220,787 shares of the asset manager’s stock after acquiring an additional 6,034 shares during the quarter. Blackstone comprises about 1.2% of KCM Investment Advisors LLC’s investment portfolio, making the stock its 23rd biggest holding. KCM Investment Advisors LLC’s holdings in Blackstone were worth $37,722,000 at the end of the most recent quarter.

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

Analyst Upgrades and Downgrades

BX has been the topic of several research analyst reports. JPMorgan Chase & Co. lowered their price objective on shares of Blackstone from $158.00 to $122.00 and set a “neutral” rating on the stock in a research report on Tuesday. Barclays reduced their price objective on Blackstone from $164.00 to $126.00 and set an “equal weight” rating for the company in a research note on Monday. Weiss Ratings reiterated a “hold (c)” rating on shares of Blackstone in a report on Wednesday, January 21st. TD Cowen lowered their price objective on shares of Blackstone from $183.00 to $164.00 and set a “buy” rating on the stock in a research report on Thursday, February 12th. Finally, BMO Capital Markets dropped their price objective on Blackstone from $180.00 to $165.00 and set an “outperform” rating on the stock in a report on Monday, February 2nd. Eleven research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $165.86.

Blackstone Trading Up 2.8%

Shares of NYSE:BX opened at $114.07 on Thursday. Blackstone Inc. has a 52-week low of $105.09 and a 52-week high of $190.09. 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 market cap of $84.66 billion, a P/E ratio of 29.40, a P/E/G ratio of 0.95 and a beta of 1.79. The stock’s 50-day moving average is $141.39 and its 200-day moving average is $153.33.

Blackstone (NYSE:BX) last announced its earnings results on Thursday, January 29th. The asset manager reported $1.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.54 by $0.21. The business had revenue of $4.36 billion for the quarter, compared to analyst estimates of $3.69 billion. Blackstone had a net margin of 20.89% and a return on equity of 22.17%. Blackstone’s revenue was up 41.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.69 earnings per share. Equities research analysts predict that Blackstone Inc. will post 5.87 earnings per share for the current year.

Blackstone Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 9th were paid a dividend of $1.49 per share. This is a positive change from Blackstone’s previous quarterly dividend of $1.29. This represents a $5.96 annualized dividend and a yield of 5.2%. The ex-dividend date was Monday, February 9th. Blackstone’s dividend payout ratio is presently 153.61%.

Key Stories Impacting Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Potential M&A/deal flow: reports that Blackstone is among bidders showing fresh takeover interest in UK aerospace supplier Senior — deal activity could support fee generation and deployment of dry powder. Senior draws fresh takeover interest from Blackstone, Tinicum
• Positive Sentiment: Contrarian analyst views: a Seeking Alpha piece upgraded Blackstone to “Strong Buy,” arguing fundamentals (AUM, fee growth, dry powder) still support longer‑term value despite headline weakness. Blackstone: Don’t Let Sentiment Obscure The Fundamentals
• Neutral Sentiment: Management response: President Jon Gray defended BCRED’s loan quality and called market reaction “noise,” which may moderate panic but hasn’t halted outflows. Blackstone’s Gray: Market ‘noise’ fueled record redemptions
• Neutral Sentiment: Liquidity management: Blackstone raised repurchase caps and injected capital to honor BCRED redemptions — an operationally supportive step but one that highlights stress in retailized private credit. Blackstone Redemptions Test Liquidity As Shares Trade Below Fair Value
• Neutral Sentiment: BDC liquidity response: the largest Blackstone BDC increased its share repurchase limit to 7% as investors cashed out — a sign of elevated redemptions at retail‑facing vehicles. Largest Blackstone BDC hikes share repurchase limit to 7%
• Negative Sentiment: Record redemptions at BCRED: multiple reports (WSJ/Reuters) show gross withdrawal spikes (~$3.8bn) and net outflows (~$1.7bn for the quarter), raising concerns about fee pressure, liquidity costs and short‑term earnings risk. Blackstone Played Down Private-Credit Risks. Now It’s Been Hit.
• Negative Sentiment: Analyst downgrades/target cuts: JPMorgan cut its BX target to $122 (maintaining neutral) and Barclays trimmed its target to $126 — these revisions amplify selling pressure amid the redemption headlines. JPMorgan Chase & Co. Lowers Blackstone Price Target to $122.00
• Negative Sentiment: Deal uncertainty: talks over a reported ~$4bn New World Development investment stalled on control issues, removing a potential near‑term strategic deployment and creating market uncertainty in Asia exposure. Blackstone’s $4 billion New World talks stall over control
• Negative Sentiment: Visible shareholder selling: an SEC filing shows Tactical Opportunity Blackstone sold ~1.6M shares, a noticeable block that can be read negatively by the market. SEC ownership filing

Insider Buying and Selling

In other news, major shareholder Holdings Iv Gp Mana Blackstone bought 1,146,789 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The stock was acquired at an average cost of $26.16 per share, for a total transaction of $30,000,000.24. Following the completion of the purchase, the insider owned 16,716,249 shares of the company’s stock, valued at $437,297,073.84. This trade represents a 7.37% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the business’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $10.00, for a total transaction of $15,961,420.00. The SEC filing for this sale provides additional information. 1.00% of the stock is currently owned by company insiders.

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.