John & Kathleen Schreiber Foundation Has $138.53 Million Holdings in Blackstone Inc. $BX

John & Kathleen Schreiber Foundation decreased its holdings in shares of Blackstone Inc. (NYSE:BX) by 3.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 810,823 shares of the asset manager’s stock after selling 25,370 shares during the quarter. Blackstone comprises approximately 89.7% of John & Kathleen Schreiber Foundation’s portfolio, making the stock its biggest holding. John & Kathleen Schreiber Foundation’s holdings in Blackstone were worth $138,529,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Blackstone in the 2nd quarter valued at $1,071,348,000. Vanguard Group Inc. grew its position in shares of Blackstone by 2.2% in the second quarter. Vanguard Group Inc. now owns 69,492,377 shares of the asset manager’s stock valued at $10,394,670,000 after purchasing an additional 1,494,796 shares during the period. Close Asset Management Ltd increased its stake in shares of 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 worth $194,746,000 after acquiring an additional 1,133,197 shares during the last quarter. Lazard Asset Management LLC grew its stake in Blackstone by 31.9% in the second quarter. Lazard Asset Management LLC now owns 3,803,344 shares of the asset manager’s stock valued at $568,902,000 after purchasing an additional 919,773 shares in the last quarter. Finally, Canada Pension Plan Investment Board grew its position in Blackstone by 115.4% during the second quarter. Canada Pension Plan Investment Board now owns 1,088,786 shares of the asset manager’s stock worth $162,861,000 after buying an additional 583,384 shares in the last quarter. 70.00% of the stock is currently owned by hedge funds and other institutional investors.

Blackstone Trading Down 5.1%

NYSE BX opened at $101.80 on Friday. Blackstone Inc. has a fifty-two week low of $101.73 and a fifty-two week high of $190.09. The stock has a 50 day simple moving average of $135.89 and a two-hundred day simple moving average of $151.02. The stock has a market cap of $75.55 billion, a P/E ratio of 26.24, a price-to-earnings-growth ratio of 0.85 and a beta of 1.79. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.76 and a current ratio of 0.76.

Blackstone (NYSE:BX) last posted its quarterly earnings results on Thursday, January 29th. The asset manager reported $1.75 EPS for the quarter, beating the consensus estimate of $1.54 by $0.21. The business had revenue of $4.36 billion during the quarter, compared to analyst estimates of $3.69 billion. Blackstone had a net margin of 20.89% and a return on equity of 22.17%. The company’s quarterly revenue was up 41.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.69 EPS. On average, analysts forecast 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. Stockholders of record on Monday, February 9th were given a dividend of $1.49 per share. The ex-dividend date of this dividend was Monday, February 9th. This represents a $5.96 annualized dividend and a dividend yield of 5.9%. This is a boost from Blackstone’s previous quarterly dividend of $1.29. Blackstone’s payout ratio is 153.61%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on BX shares. Jefferies Financial Group decreased their target price on shares of Blackstone from $185.00 to $161.00 and set a “buy” rating for the company in a report on Tuesday, February 10th. Citizens Jmp reissued a “market outperform” rating and issued a $195.00 target price on shares of Blackstone in a research report on Friday, January 30th. Argus cut their target price on shares of Blackstone from $195.00 to $163.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. The Goldman Sachs Group decreased their price objective on Blackstone from $166.00 to $158.00 and set a “neutral” rating for the company in a report on Friday, January 30th. Finally, Rothschild & Co Redburn cut their target price on Blackstone from $165.00 to $158.00 and set a “neutral” rating on the stock in a research report on Monday, February 2nd. Eleven investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, Blackstone presently has a consensus rating of “Moderate Buy” and a consensus price target of $165.86.

Key Headlines Impacting Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone’s Energy Transition arm agreed to acquire a majority stake in Advanced Cooling Technologies (ACT), expanding BX’s industrial/energy-transition exposure and showing continued deal deployment and capital recycling in thematic areas investors favor. Blackstone Energy Transition Partners Announces Agreement to Acquire Majority Stake in Advanced Cooling Technologies
• Positive Sentiment: Reports say Anthropic is in talks with Blackstone and other PE firms to form a JV to embed AI across their portfolio companies — a strategic initiative that could boost operating efficiency and portfolio company margins if executed, increasing future returns on deployed capital. Bosa/Wu: Private equity is about to eat its own software portfolio
• Negative Sentiment: Analysts and valuation screens highlight BX’s premium multiples — forward P/E notably above industry averages — which can magnify downside during sector rotations and limits near-term upside for the stock. Premium Valuation: Should Investors Still Consider Blackstone Stock?
• Negative Sentiment: Analysts are trimming fair-value estimates and flagging pressures from BCRED redemptions and retail credit flows that could weigh on fee-related earnings and liquidity sentiment for Blackstone’s credit and alternatives products. How The Blackstone (BX) Story Is Shifting With BCRED Pressures And Alternatives Growth Potential
• Negative Sentiment: Broader private-equity stocks have been sharply lower recently (reports of 30–40% drops in some names), a sector move that increases downside risk for BX through multiple compression and investor risk-off flows. Private equity stocks down 30-40% in three months, bigger worry than geopolitical risk

Insider Buying and Selling

In related news, major shareholder Holdings Iv Gp Mana Blackstone purchased 1,146,789 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The shares were purchased at an average cost of $26.16 per share, with a total value of $30,000,000.24. Following the purchase, the insider owned 16,716,249 shares of the company’s stock, valued at $437,297,073.84. This represents a 7.37% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the company’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $10.00, for a total value of $15,961,420.00. The SEC filing for this sale provides additional information. Company insiders own 1.00% of the company’s stock.

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.