Bamco Inc. NY Has $105.29 Million Holdings in Blackstone Inc. $BX

Bamco Inc. NY lifted its position in Blackstone Inc. (NYSE:BX) by 7.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 616,242 shares of the asset manager’s stock after purchasing an additional 42,257 shares during the quarter. Bamco Inc. NY’s holdings in Blackstone were worth $105,285,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of BX. Brighton Jones LLC lifted its holdings in shares of Blackstone by 34.6% during the 4th quarter. Brighton Jones LLC now owns 7,917 shares of the asset manager’s stock worth $1,365,000 after acquiring an additional 2,035 shares during the period. Sivia Capital Partners LLC raised its position in Blackstone by 9.3% in the second quarter. Sivia Capital Partners LLC now owns 2,076 shares of the asset manager’s stock worth $310,000 after purchasing an additional 177 shares in the last quarter. United Bank boosted its holdings in Blackstone by 14.7% during the second quarter. United Bank now owns 13,528 shares of the asset manager’s stock valued at $2,024,000 after purchasing an additional 1,729 shares in the last quarter. Foundations Investment Advisors LLC grew its stake in shares of Blackstone by 35.2% in the 2nd quarter. Foundations Investment Advisors LLC now owns 86,341 shares of the asset manager’s stock valued at $12,915,000 after purchasing an additional 22,461 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of Blackstone by 6.9% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 178,950 shares of the asset manager’s stock worth $26,767,000 after buying an additional 11,568 shares in the last quarter. Institutional investors own 70.00% of the company’s stock.

Insider Buying and Selling at Blackstone

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

Analyst Upgrades and Downgrades

A number of analysts have weighed in on BX shares. Jefferies Financial Group lowered their price target on Blackstone from $185.00 to $161.00 and set a “buy” rating on the stock in a research report on Tuesday, February 10th. TD Cowen reduced their target price on shares of Blackstone from $183.00 to $164.00 and set a “buy” rating on the stock in a research note on Thursday, February 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Blackstone in a research report on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Blackstone from $164.00 to $185.00 and gave the company a “buy” rating in a research report on Wednesday, December 17th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Blackstone in a report on Friday, January 30th. Eleven investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $165.86.

Blackstone Stock Up 4.4%

Shares of NYSE BX opened at $106.62 on Friday. Blackstone Inc. has a 12-month low of $101.73 and a 12-month high of $190.09. The firm’s 50-day simple moving average is $134.85 and its 200 day simple moving average is $150.44. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.61. The company has a market cap of $79.13 billion, a price-to-earnings ratio of 27.48, a price-to-earnings-growth ratio of 0.85 and a beta of 1.79.

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. Blackstone had a net margin of 20.89% and a return on equity of 22.17%. The company had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $3.69 billion. During the same period in the previous year, the firm posted $1.69 earnings per share. The company’s revenue was up 41.4% on a year-over-year basis. On average, research analysts expect that Blackstone Inc. will post 5.87 earnings per share for the current fiscal year.

Blackstone Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were issued a dividend of $1.49 per share. The ex-dividend date of this dividend was Monday, February 9th. This represents a $5.96 annualized dividend and a yield of 5.6%. This is a positive change from Blackstone’s previous quarterly dividend of $1.29. Blackstone’s dividend payout ratio (DPR) is currently 153.61%.

Key Stories Impacting Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Sector rebound lifts BX — Blackstone rose as private‑credit stocks broadly recovered, helping shares rebound after recent weakness in the group. Why Blackstone (BX) Stock Is Up Today
• Positive Sentiment: Record AUM supports fee growth — Blackstone’s assets under management hit about $1.27 trillion, boosting fee‑bearing capital and underpinning longer‑term earnings potential despite private‑credit headline risk. Will Blackstone’s Rising AUM Balance Aid Long-Term Earnings Growth?
• Positive Sentiment: Long‑term performance track record — Analysis showing strong 10‑year returns highlights BX’s compounding of fee and carry businesses, supporting investor confidence over multi‑year horizons. $100 Invested In Blackstone 10 Years Ago Would Be Worth This Much Today
• Neutral Sentiment: AI/portfolio strategy talks — Reports that Anthropic has discussed a joint venture to embed AI across PE portfolios could lower software spend and boost margins, but implications and timing are uncertain. Private equity is about to eat its own software portfolio
• Negative Sentiment: Earlier private‑credit scare pushed shares down — A prior drop was linked to investor concern about private‑credit stability after a major bank announcement, feeding volatility in BX and peers. Why Blackstone (BX) Stock Is Trading Lower Today
• Negative Sentiment: Recent 52‑week low highlights downside sensitivity — Coverage noting BX at a 52‑week low underscores how quickly sentiment can swing on private‑credit headlines and macro concerns. Blackstone Stock Falls To 52-Week Low: Here’s Why

About Blackstone

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.