Blackstone Inc. $BX Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. cut its position in Blackstone Inc. (NYSE:BX) by 2.7% in the third quarter, Holdings Channel reports. The firm owned 233,245 shares of the asset manager’s stock after selling 6,438 shares during the period. Victory Capital Management Inc.’s holdings in Blackstone were worth $39,850,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BX. Vanguard Group Inc. grew its position in Blackstone by 1.9% during the 3rd quarter. Vanguard Group Inc. now owns 70,827,437 shares of the asset manager’s stock worth $12,100,868,000 after purchasing an additional 1,335,060 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Blackstone by 1.4% during the second quarter. Geode Capital Management LLC now owns 16,542,863 shares of the asset manager’s stock worth $2,462,706,000 after buying an additional 227,416 shares during the last quarter. Norges Bank acquired a new position in Blackstone in the 2nd quarter valued at about $1,071,348,000. Legal & General Group Plc lifted its position in Blackstone by 4.7% during the 2nd quarter. Legal & General Group Plc now owns 4,532,941 shares of the asset manager’s stock worth $678,037,000 after acquiring an additional 202,245 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Blackstone by 0.9% in the second quarter. Charles Schwab Investment Management Inc. now owns 4,200,194 shares of the asset manager’s stock valued at $628,265,000 after purchasing an additional 37,327 shares during the period. Hedge funds and other institutional investors own 70.00% of the company’s stock.

Insider Activity

In other news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $10.00, for a total value of $15,961,420.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, major shareholder Holdings Iv Gp Mana Blackstone bought 1,146,789 shares of Blackstone stock in a transaction that occurred on Monday, February 23rd. The stock was bought at an average cost of $26.16 per share, for a total transaction of $30,000,000.24. Following the purchase, the insider owned 16,716,249 shares in the company, valued at $437,297,073.84. This represents a 7.37% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 1.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. The Goldman Sachs Group decreased their price target on Blackstone from $166.00 to $158.00 and set a “neutral” rating for the company in a report on Friday, January 30th. Rothschild & Co Redburn reduced their target price on shares of Blackstone from $165.00 to $158.00 and set a “neutral” rating for the company in a research note on Monday, February 2nd. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Blackstone from $164.00 to $185.00 and gave the company a “buy” rating in a report on Wednesday, December 17th. Barclays reduced their price objective on shares of Blackstone from $164.00 to $126.00 and set an “equal weight” rating for the company in a research report on Monday, March 2nd. Finally, Citigroup reiterated a “market outperform” rating on shares of Blackstone in a research report on Friday, January 30th. Eleven research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $165.86.

More Blackstone News

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Oaktree co‑founder Howard Marks publicly said there’s “no systemic problem” with private credit, a comment that calms fears about contagion across the sector and can support sentiment for BX. Oaktree’s Howard Marks says there’s no systemic problem with private credit
• Neutral Sentiment: Barclays reinstated coverage of BX with an Equal Weight rating and a $126 price target after a brief restriction period — coverage resumption reduces uncertainty but the $126 PT is well below recent 200‑day averages. Blackstone (BX) Coverage Reinstated by Barclays with $126 Price Target
• Negative Sentiment: Blackstone’s BCRED fund has seen a surge in redemption requests; the firm raised the repurchase cap and injected capital to meet demand — action avoids a disorderly liquidity event but highlights stress in retail-facing private credit and likely weighs on sentiment and valuation. Blackstone Redemptions Test Liquidity As Shares Trade Below Fair Value
• Negative Sentiment: Analysts cut targets: JPMorgan lowered its BX target to $122 and Barclays’s published target sits at $126 — fresh downward pressure from the sell‑side. JPMorgan Chase & Co. Lowers Blackstone Price Target to $122
• Negative Sentiment: A major shareholder sold roughly $15.96M of BX stock, a transaction that can amplify intraday selling pressure and signal reduced insider conviction. Blackstone Major Shareholder Sells $15,961,420.00 in Stock
• Negative Sentiment: Reports Bloomberg/Reuters that talks for a ~$4B New World deal have stalled over control issues; market reaction to deal uncertainty pressured related shares and sentiment toward BX. Blackstone’s $4 billion New World talks stall over control
• Negative Sentiment: Critical analyst pieces and commentary argue valuation and liquidity risks remain elevated (e.g., Seeking Alpha take and broader coverage of retail private‑credit redemptions), sustaining bearish narratives. Avoiding Blackstone And Blackstone Secured Lending…

Blackstone Stock Down 4.6%

BX stock opened at $110.20 on Friday. Blackstone Inc. has a 52 week low of $105.09 and a 52 week high of $190.09. The company has a current ratio of 0.76, a quick ratio of 0.75 and a debt-to-equity ratio of 0.61. The company has a market cap of $81.79 billion, a P/E ratio of 28.40, a P/E/G ratio of 0.95 and a beta of 1.79. The company’s 50-day moving average price is $139.66 and its 200 day moving average price is $152.56.

Blackstone (NYSE:BX) last posted its quarterly earnings results on Thursday, January 29th. The asset manager reported $1.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.54 by $0.21. The company had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $3.69 billion. Blackstone had a net margin of 20.89% and a return on equity of 22.17%. The company’s revenue for the quarter was up 41.4% on a year-over-year basis. During the same period last year, the firm earned $1.69 EPS. On average, research analysts expect that Blackstone Inc. will post 5.87 earnings per share for the current fiscal year.

Blackstone Increases Dividend

The firm also recently announced 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. This is an increase from Blackstone’s previous quarterly dividend of $1.29. The ex-dividend date was Monday, February 9th. This represents a $5.96 annualized dividend and a yield of 5.4%. 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.