Vise Technologies Inc. Purchases 8,032 Shares of Blackstone Inc. $BX

Vise Technologies Inc. lifted its position in Blackstone Inc. (NYSE:BX) by 21.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 45,826 shares of the asset manager’s stock after purchasing an additional 8,032 shares during the period. Vise Technologies Inc.’s holdings in Blackstone were worth $7,064,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in BX. Norges Bank bought a new position in shares of Blackstone in the fourth quarter worth approximately $1,275,747,000. Vanguard Group Inc. boosted its holdings in Blackstone by 1.9% in the third quarter. Vanguard Group Inc. now owns 70,827,437 shares of the asset manager’s stock valued at $12,100,868,000 after acquiring an additional 1,335,060 shares in the last quarter. Close Asset Management Ltd boosted its holdings in Blackstone by 16,035.1% in the third quarter. Close Asset Management Ltd now owns 1,140,264 shares of the asset manager’s stock valued at $194,746,000 after acquiring an additional 1,133,197 shares in the last quarter. Canada Pension Plan Investment Board boosted its holdings in Blackstone by 115.4% in the second quarter. Canada Pension Plan Investment Board now owns 1,088,786 shares of the asset manager’s stock valued at $162,861,000 after acquiring an additional 583,384 shares in the last quarter. Finally, Invesco Ltd. boosted its holdings in Blackstone by 11.3% in the third quarter. Invesco Ltd. now owns 4,107,665 shares of the asset manager’s stock valued at $701,795,000 after acquiring an additional 416,933 shares in the last quarter. Institutional investors own 70.00% of the company’s stock.

Key Stories Impacting Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone-backed AirTrunk plans to invest $30 billion in India digital infrastructure, highlighting continued growth opportunities in Blackstone’s portfolio and exposure to AI/data-center demand. Blackstone-backed AirTrunk to invest $30B in India digital infrastructure
• Positive Sentiment: Blackstone also remains active on the capital-deployment side, with a new partnership with Nippon Life and the successful IPO of Liftoff Mobile adding to the firm’s deal-making momentum. Blackstone’s Liftoff IPO And Nippon Life Deal Reshape BX Outlook
• Positive Sentiment: The stock also appeared to rebound sharply after an earlier selloff, as some investors viewed the withdrawal cap as a sign of private-credit demand pressures rather than a direct fundamental hit to earnings. Why is Blackstone stock gaining despite a withdrawal cap on its flagship fund?
• Neutral Sentiment: Peer-related headlines from other alternative-asset managers and broader private-credit redemption concerns are adding sector-wide volatility, but they do not directly change Blackstone’s reported quarterly earnings outlook. Alternative Managers Shares Slip as Cliffwater Redemption Fears Mount
• Negative Sentiment: Blackstone’s decision to limit redemptions at Blackstone Private Credit Fund is the main overhang, as it signals heavier-than-expected withdrawal demand and raises questions about liquidity across private markets. Investors Seek to Pull 10% from Blackstone’s Giant Private-Credit Fund
• Negative Sentiment: Multiple reports that redemption requests surged and that Blackstone capped withdrawals reinforced investor concern about private-credit and private-equity fund liquidity, which has weighed on BX sentiment. Redemption requests rise at Blackstone, Partners Group as private markets strain

Wall Street Analyst Weigh In

Several research firms recently weighed in on BX. Evercore reiterated an “outperform” rating and issued a $150.00 price target on shares of Blackstone in a report on Tuesday, April 21st. UBS Group cut their price target on shares of Blackstone from $171.00 to $137.00 and set a “neutral” rating on the stock in a report on Friday, February 20th. Morgan Stanley lowered their price objective on Blackstone from $215.00 to $184.00 and set an “overweight” rating for the company in a research report on Tuesday, April 21st. HSBC lowered their price objective on Blackstone from $164.00 to $131.00 and set a “hold” rating for the company in a research report on Friday, April 10th. Finally, TD Cowen lowered their price objective on Blackstone from $140.00 to $133.00 and set a “buy” rating for the company in a research report on Monday, May 18th. Twelve equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Blackstone presently has a consensus rating of “Hold” and an average price target of $151.05.

Blackstone Price Performance

Shares of NYSE:BX opened at $115.40 on Friday. Blackstone Inc. has a fifty-two week low of $101.73 and a fifty-two week high of $190.09. The business has a 50-day simple moving average of $119.22 and a two-hundred day simple moving average of $131.72. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.76 and a current ratio of 0.76. The firm has a market cap of $85.73 billion, a price-to-earnings ratio of 29.51, a price-to-earnings-growth ratio of 1.29 and a beta of 1.59.

Blackstone (NYSE:BX) last issued its earnings results on Thursday, April 23rd. The asset manager reported $1.36 earnings per share for the quarter, topping analysts’ consensus estimates of $1.34 by $0.02. Blackstone had a return on equity of 22.86% and a net margin of 20.67%.The business had revenue of $3.43 billion during the quarter, compared to analyst estimates of $3.45 billion. During the same quarter in the previous year, the firm earned $1.11 EPS. Blackstone’s revenue was up 10.0% on a year-over-year basis. On average, analysts expect that Blackstone Inc. will post 5.9 earnings per share for the current year.

Blackstone Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, May 4th were given a dividend of $1.16 per share. The ex-dividend date of this dividend was Monday, May 4th. This represents a $4.64 annualized dividend and a dividend yield of 4.0%. Blackstone’s dividend payout ratio is presently 118.67%.

Insider Activity

In other Blackstone news, major shareholder Treasury Holdings I. Blackstone purchased 9,486,795 shares of Blackstone stock in a transaction dated Friday, May 15th. The stock was purchased at an average price of $20.00 per share, with a total value of $189,735,900.00. Following the transaction, the insider directly owned 9,111,800 shares of the company’s stock, valued at $182,236,000. This trade represents a -2,529.85% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Holdings Iv Gp Mana Blackstone purchased 2,868,069 shares of Blackstone stock in a transaction dated Friday, March 20th. The shares were acquired at an average cost of $26.15 per share, with a total value of $75,000,004.35. Following the transaction, the insider directly owned 18,628,295 shares in the company, valued at approximately $487,129,914.25. The trade was a 18.20% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders have bought 12,355,303 shares of company stock worth $264,789,896. Company insiders own 1.00% of the company’s stock.

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.