Highland Capital Management LLC Sells 15,173 Shares of Blackstone Inc. $BX

Highland Capital Management LLC lowered its stake in shares of Blackstone Inc. (NYSE:BX) by 68.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,085 shares of the asset manager’s stock after selling 15,173 shares during the quarter. Highland Capital Management LLC’s holdings in Blackstone were worth $1,092,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of BX. Brighton Jones LLC boosted its stake in shares of Blackstone by 34.6% in the 4th quarter. Brighton Jones LLC now owns 7,917 shares of the asset manager’s stock valued at $1,365,000 after purchasing an additional 2,035 shares during the last quarter. Sivia Capital Partners LLC boosted its stake in shares of Blackstone by 9.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,076 shares of the asset manager’s stock valued at $310,000 after purchasing an additional 177 shares during the last quarter. United Bank boosted its stake in shares of Blackstone by 14.7% in the 2nd 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 during the last quarter. Nebula Research & Development LLC bought a new position in shares of Blackstone in the 2nd quarter valued at about $1,124,000. Finally, Sei Investments Co. boosted its stake in shares of Blackstone by 1.9% in the 2nd quarter. Sei Investments Co. now owns 452,619 shares of the asset manager’s stock valued at $67,703,000 after purchasing an additional 8,655 shares during the last quarter. Institutional investors own 70.00% of the company’s stock.

Blackstone Stock Performance

Shares of BX stock opened at $122.78 on Wednesday. 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 company has a market capitalization of $91.12 billion, a P/E ratio of 31.40, a price-to-earnings-growth ratio of 1.34 and a beta of 1.63. The company’s 50 day moving average price is $115.98 and its two-hundred day moving average price is $136.65. Blackstone Inc. has a 52 week low of $101.73 and a 52 week high of $190.09.

Blackstone (NYSE:BX) last announced its earnings results on Thursday, April 23rd. The asset manager reported $1.36 EPS for the quarter, topping the consensus estimate of $1.34 by $0.02. The firm had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.45 billion. Blackstone had a net margin of 20.67% and a return on equity of 22.86%. The business’s quarterly revenue was up 10.0% on a year-over-year basis. During the same period last year, the company posted $1.11 EPS. On average, analysts expect that Blackstone Inc. will post 5.91 earnings per share for the current fiscal year.

Blackstone Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Monday, May 4th will be issued a dividend of $1.16 per share. This represents a $4.64 annualized dividend and a yield of 3.8%. The ex-dividend date is Monday, May 4th. Blackstone’s dividend payout ratio (DPR) is 118.67%.

Insider Buying and Selling at Blackstone

In other Blackstone news, major shareholder Holdings Iv Gp Mana Blackstone acquired 2,868,069 shares of the stock in a transaction dated Friday, March 20th. The shares were bought at an average cost of $26.15 per share, for a total transaction of $75,000,004.35. Following the completion of the acquisition, the insider directly owned 18,628,295 shares of the company’s stock, valued at approximately $487,129,914.25. This trade represents a 18.20% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of Blackstone stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $10.00, for a total transaction of $15,961,420.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 9,103,660 shares of company stock valued at $45,982,920 over the last ninety days. 1.00% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. BNP Paribas Exane cut their price target on shares of Blackstone from $167.00 to $156.00 and set a “neutral” rating on the stock in a research report on Monday, January 12th. Citizens Jmp cut their price target on shares of Blackstone from $195.00 to $190.00 and set a “market outperform” rating on the stock in a research report on Wednesday, April 22nd. TD Cowen cut their price target on shares of Blackstone from $141.00 to $140.00 and set a “buy” rating on the stock in a research report on Friday, April 24th. Citigroup reiterated a “market outperform” rating on shares of Blackstone in a research report on Friday, January 30th. Finally, The Goldman Sachs Group cut their price target on shares of Blackstone from $118.00 to $116.00 and set a “neutral” rating on the stock in a research report on Friday, April 24th. Eleven investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $150.95.

Key Headlines Impacting Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone is part of a roughly $1.5 billion Anthropic-led venture with Goldman, Hellman & Friedman and others to deploy AI tools (Claude) across PE-owned portfolio companies. For Blackstone this could accelerate operational improvements at portfolio firms, create new fee or services opportunities and strengthen competitive advantages in sourcing and scaling deals. Anthropic teams with Goldman, Blackstone and others on $1.5 billion AI venture targeting PE-owned firms
• Positive Sentiment: Reports say Blackstone and KKR are in talks with Alphabet to give their portfolio companies access to Google AI models. Direct access to leading AI models could boost productivity and valuations across Blackstone’s holdings and speed value creation in exits. Market Chatter: Blackstone, KKR in Talks With Alphabet to Give Portfolio Companies Access to AI Models
• Positive Sentiment: Blackstone’s new data-center vehicle (Blackstone Digital Infrastructure Trust / BXDC) is targeting roughly $1.7–1.75 billion in a U.S. IPO to buy newly built data centers leased to hyperscalers. This expands BX’s fee-bearing AUM and taps a hot sector (secular demand for cloud infra), potentially adding recurring management/transaction fees and unlocking value via a public listing. Blackstone vehicle aims to raise over $1.7 billion in US IPO for data center bet
• Neutral Sentiment: Analyses comparing Blackstone (BX) with peers on valuation (e.g., Orix / IX comparisons) are circulating; these pieces provide context on relative value but don’t change fundamentals immediately. Useful for investors re-assessing BX vs. other asset managers or alternative-asset plays. IX vs. BX: Which Stock Is the Better Value Option?
• Negative Sentiment: An analyst consensus recently settled at an average “Hold” for BX, which signals limited near-term upside in Street expectations and could cap buying interest until clearer catalysts (earnings beats, visible fee growth, or successful IPO execution) emerge. Blackstone Inc. (NYSE:BX) Receives Average Recommendation of “Hold” from Analysts

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.