Cox Capital Mgt LLC Buys New Shares in Blackstone Inc. $BX

Cox Capital Mgt LLC purchased a new position in Blackstone Inc. (NYSE:BX) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 8,132 shares of the asset manager’s stock, valued at approximately $1,262,000.

Other hedge funds also recently bought and sold shares of the company. REAP Financial Group LLC bought a new position in shares of Blackstone in the third quarter worth about $26,000. Redmont Wealth Advisors LLC purchased a new stake in Blackstone in the 3rd quarter worth $30,000. Strive Asset Management LLC bought a new position in shares of Blackstone during the 3rd quarter valued at about $30,000. Kelleher Financial Advisors bought a new stake in shares of Blackstone in the third quarter worth about $34,000. Finally, Parvin Asset Management LLC purchased a new stake in shares of Blackstone in the second quarter worth about $35,000. Institutional investors own 70.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on BX shares. Piper Sandler reduced their price objective on Blackstone from $168.00 to $158.00 and set a “neutral” rating on the stock in a research note on Monday, February 2nd. Bank of America cut their target price on shares of Blackstone from $199.00 to $189.00 in a report on Wednesday, December 10th. TD Cowen decreased their price target 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. HSBC dropped their price objective on shares of Blackstone from $178.00 to $174.00 and set a “hold” rating for the company in a research note on Wednesday, January 28th. Finally, UBS Group decreased their target price on shares of Blackstone from $171.00 to $137.00 and set a “neutral” rating on the stock in a research report on Friday, February 20th. Eleven research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, Blackstone currently has a consensus rating of “Moderate Buy” and an average price target of $164.00.

Blackstone Stock Down 1.4%

NYSE BX opened at $108.08 on Friday. Blackstone Inc. has a 52 week low of $101.73 and a 52 week high of $190.09. The firm has a market capitalization of $80.21 billion, a price-to-earnings ratio of 27.86, a PEG ratio of 0.86 and a beta of 1.79. 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 fifty day moving average of $125.12 and a two-hundred day moving average of $146.17.

Blackstone (NYSE:BX) last announced its quarterly earnings data on Thursday, January 29th. The asset manager reported $1.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.54 by $0.21. Blackstone had a net margin of 20.89% and a return on equity of 22.17%. The business had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $3.69 billion. During the same quarter last year, the firm earned $1.69 earnings per share. The firm’s quarterly revenue was up 41.4% compared to the same quarter last year. On average, analysts predict that Blackstone Inc. will post 5.87 earnings per share for the current 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 paid a $1.49 dividend. The ex-dividend date was Monday, February 9th. This is a positive change from Blackstone’s previous quarterly dividend of $1.29. This represents a $5.96 dividend on an annualized basis and a yield of 5.5%. Blackstone’s payout ratio is 153.61%.

Insider Activity

In related news, major shareholder Holdings Iv Gp Mana Blackstone purchased 2,868,069 shares of the business’s stock in a transaction dated Friday, March 20th. The shares were purchased 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 owned 18,628,295 shares in the company, valued at approximately $487,129,914.25. This trade represents a 18.20% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $3.51, for a total transaction of $26,246,039.04. Following the completion of the transaction, the insider directly owned 25,832 shares in the company, valued at $90,670.32. This represents a 99.66% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 1.00% of the company’s stock.

Key Stories Impacting Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone reported a strong Q1 intra-quarter realization update, which suggests favorable marks and realizations in its private assets so far this quarter — a sign that fee-related earnings and NAVs may be holding up. Blackstone Issues Strong Q1 Intra-Quarter Realization Update
• Positive Sentiment: Blackstone committed $250M to Advanced Digital Gaming Technology in the UAE — a direct deployment that demonstrates continued deal flow and regional conviction, which could support future fee income and growth. Blackstone invests $250 million in UAE despite war disruption
• Neutral Sentiment: UBS maintained a hold rating on BX, signaling analyst caution — the rating is not a downgrade but keeps expectations muted and reduces the likelihood of an immediate analyst-driven rerating. UBS Keeps Their Hold Rating on Blackstone Group (BX)
• Neutral Sentiment: Comparisons of BX vs. KKR highlight how private-credit market tightening is a sector-wide headwind; scale and insurance-backed strategies differ but both firms face pressure — this frames industry risk rather than a company-specific shock. BX vs. KKR: Which is a Smarter Bet as Private Credit Markets Tighten?
• Neutral Sentiment: Earnings previews and analyst write-ups are flagging potential volatility around upcoming results — these previews remind investors to watch fee-related disclosures and realization details that will move the stock. Blackstone’s quarterly earnings preview: What you need to know
• Neutral Sentiment: Market commentary asking whether BX is still a buy after recent weakness highlights that valuation and sentiment (YTD and 1Y declines) are factors keeping some investors on the sidelines. Is It Too Late To Consider Blackstone (BX) After Recent Share Price Weakness?
• Negative Sentiment: Barron’s flags stress in private-credit deals (example: Medallia’s LBO) and notes that legacy/private-credit exposures for firms like Blackstone could face mark/credit pressure — a meaningful downside risk if private-credit portfolios see widening losses or prolonged illiquidity. Software Firm Medallia Is a Problem for Private Credit. Blackstone, Thoma Bravo Have Exposure.

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.