Stevens Capital Management LP Makes New Investment in Blackstone Inc. $BX

Stevens Capital Management LP bought a new position in shares of Blackstone Inc. (NYSE:BX) during the third quarter, Holdings Channel reports. The institutional investor bought 6,009 shares of the asset manager’s stock, valued at approximately $1,027,000.

A number of other institutional investors have also modified their holdings of the business. GHP Investment Advisors Inc. boosted its stake in Blackstone by 3.5% in the second quarter. GHP Investment Advisors Inc. now owns 1,784 shares of the asset manager’s stock valued at $267,000 after acquiring an additional 61 shares during the period. WNY Asset Management LLC boosted its position in Blackstone by 1.7% during the 2nd quarter. WNY Asset Management LLC now owns 3,852 shares of the asset manager’s stock valued at $576,000 after purchasing an additional 64 shares during the period. Redwood Financial Network Corp increased its position in Blackstone by 1.8% in the second quarter. Redwood Financial Network Corp now owns 3,588 shares of the asset manager’s stock worth $537,000 after buying an additional 65 shares during the period. Obermeyer Wealth Partners lifted its stake in Blackstone by 2.3% in the third quarter. Obermeyer Wealth Partners now owns 2,993 shares of the asset manager’s stock valued at $511,000 after buying an additional 66 shares during the last quarter. Finally, Klingman & Associates LLC grew its position in shares of Blackstone by 0.4% during the third quarter. Klingman & Associates LLC now owns 15,116 shares of the asset manager’s stock worth $2,583,000 after acquiring an additional 67 shares during the last quarter. Institutional investors own 70.00% of the company’s stock.

Insider Activity at Blackstone

In related news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $10.00, for a total value of $15,961,420.00. Following the transaction, the insider owned 2,161 shares in the company, valued at approximately $21,610. This represents a 99.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder Holdings Iv Gp Mana Blackstone bought 384,468 shares of Blackstone stock in a transaction on Friday, December 19th. The stock was acquired at an average price of $26.01 per share, with a total value of $10,000,012.68. Following the completion of the purchase, the insider directly owned 16,525,117 shares of the company’s stock, valued at approximately $429,818,293.17. The trade was a 2.38% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 1.00% of the stock is currently owned by corporate insiders.

Blackstone News Summary

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone’s perpetual private equity fund (BXPE) agreed to acquire Champions Group, a large home‑services platform — a move that grows Blackstone’s exposure to steady, everyday service businesses that are less cyclical and can generate predictable fees/cash flow. Blackstone Expands Into Essential Home Services With Champions Group Deal
• Positive Sentiment: Separate coverage highlights the same Champions Group deal specifically through BX’s perpetual private equity strategy, reinforcing management’s push into durable, yield-generating private assets — supportive for long‑term fee revenue and AUM growth. Blackstone’s (BX) Perpetual Private Equity Strategy Fund To Acquire Champions Group
• Neutral Sentiment: Blackstone disclosed multiple portfolio trades/increased stakes in large tech names (Amazon, Microsoft, Nvidia, Apple, etc.). These are portfolio-management moves by the firm’s funds — notable for transparency but not an immediate driver of BX operational performance. Blackstone Inc. boosts Amazon.com stake with 96,625 shares
• Neutral Sentiment: Analyst coverage remains mixed: Evercore ISI reiterated a buy on BX (supportive), while the consensus across brokerages sits at a “Hold” — signaling no clear analyst catalyst to push the stock sharply higher today. Evercore ISI Keeps Their Buy Rating on Blackstone Group (BX) Blackstone Given Consensus “Hold”
• Negative Sentiment: Liquidity shock in private credit after Blue Owl paused redemptions at a flagship vehicle has rippled across the sector; investors sold private‑credit names (including BX) amid fears of redemptions and mark‑to‑market pressure. This is a key reason for today’s weakness. Blue Owl’s Redemption Shift Shakes Private Credit Industry
• Negative Sentiment: Options market shows elevated bearish positioning: unusually large put buying on BX suggests traders are hedging or speculating on further downside, which can accelerate intraday selling. (Market data reported 20,972 puts traded, ~41% above normal.)

Blackstone Price Performance

NYSE:BX opened at $121.20 on Friday. Blackstone Inc. has a 52-week low of $115.66 and a 52-week high of $190.09. The firm has a market cap of $89.50 billion, a P/E ratio of 31.24, a PEG ratio of 0.98 and a beta of 1.76. The company has a quick ratio of 0.75, a current ratio of 0.76 and a debt-to-equity ratio of 0.61. The business’s 50-day moving average price is $147.57 and its 200 day moving average price is $156.58.

Blackstone (NYSE:BX) last issued its quarterly 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 return on equity of 22.17% and a net margin of 20.89%.The firm had revenue of $4.36 billion for the quarter, compared to analysts’ expectations of $3.69 billion. During the same quarter last year, the business posted $1.69 EPS. Blackstone’s revenue was up 41.4% on a year-over-year basis. As a group, sell-side analysts predict that Blackstone Inc. will post 5.87 earnings per share for the current fiscal year.

Blackstone Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Investors 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. This represents a $5.96 annualized dividend and a dividend yield of 4.9%. The ex-dividend date was Monday, February 9th. Blackstone’s dividend payout ratio is 153.61%.

Analyst Upgrades and Downgrades

BX has been the subject of a number of analyst reports. HSBC reduced their target price 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. Argus decreased their price objective on Blackstone from $195.00 to $163.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. Piper Sandler reduced their price target on Blackstone from $168.00 to $158.00 and set a “neutral” rating for the company in a research report on Monday, February 2nd. The Goldman Sachs Group cut their price objective on shares of Blackstone from $166.00 to $158.00 and set a “neutral” rating on the stock in a research note on Friday, January 30th. Finally, Rothschild & Co Redburn decreased their target price on shares of Blackstone from $165.00 to $158.00 and set a “neutral” rating for the company in a research report on Monday, February 2nd. Ten investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Blackstone has a consensus rating of “Hold” and an average target price of $170.14.

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.