Red Door Wealth Management LLC reduced its position in Blackstone Inc. (NYSE:BX – Free Report) by 12.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 76,797 shares of the asset manager’s stock after selling 10,656 shares during the period. Blackstone comprises approximately 1.2% of Red Door Wealth Management LLC’s holdings, making the stock its 21st largest position. Red Door Wealth Management LLC’s holdings in Blackstone were worth $11,837,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Trust Co. of Toledo NA OH grew its position in Blackstone by 3.1% during the 4th quarter. Trust Co. of Toledo NA OH now owns 25,759 shares of the asset manager’s stock worth $3,970,000 after purchasing an additional 769 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Blackstone in the fourth quarter valued at $60,000. YANKCOM Partnership grew its holdings in shares of Blackstone by 3.9% during the fourth quarter. YANKCOM Partnership now owns 4,551 shares of the asset manager’s stock valued at $701,000 after buying an additional 169 shares in the last quarter. SteelPeak Wealth LLC raised its position in Blackstone by 17.2% during the fourth quarter. SteelPeak Wealth LLC now owns 41,815 shares of the asset manager’s stock valued at $6,445,000 after buying an additional 6,141 shares during the period. Finally, 1900 Wealth Management LLC boosted its position in Blackstone by 16.1% during the 4th quarter. 1900 Wealth Management LLC now owns 1,757 shares of the asset manager’s stock worth $271,000 after acquiring an additional 243 shares during the period. Institutional investors and hedge funds own 70.00% of the company’s stock.
Insider Buying and Selling
In other news, major shareholder Holdings Iv Gp Mana Blackstone acquired 2,868,069 shares of Blackstone stock in a transaction dated Friday, March 20th. The stock was acquired at an average cost of $26.15 per share, for a total transaction of $75,000,004.35. Following the completion of the purchase, the insider owned 18,628,295 shares of the company’s stock, valued at $487,129,914.25. This represents a 18.20% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the firm’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $10.00, for a total transaction of $15,961,420.00. The SEC filing for this sale provides additional information. Corporate insiders own 1.00% of the company’s stock.
Blackstone Stock Performance
Blackstone (NYSE:BX – Get Free Report) last released its quarterly earnings data on Thursday, January 29th. The asset manager reported $1.75 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $3.69 billion. During the same quarter in the previous year, the business earned $1.69 EPS. Blackstone’s quarterly revenue was up 41.4% compared to the same quarter last year. As a group, equities analysts anticipate that Blackstone Inc. will post 5.87 EPS for the current fiscal year.
Blackstone Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th were issued a dividend of $1.49 per share. The ex-dividend date of this dividend was Monday, February 9th. This represents a $5.96 dividend on an annualized basis and a dividend yield of 5.3%. This is a positive change from Blackstone’s previous quarterly dividend of $1.29. Blackstone’s payout ratio is currently 153.61%.
Analyst Ratings Changes
BX has been the topic of a number of research reports. TD Cowen dropped their target price on Blackstone from $183.00 to $164.00 and set a “buy” rating on the stock in a report on Thursday, February 12th. Barclays lowered their price objective on shares of Blackstone from $164.00 to $126.00 and set an “equal weight” rating on the stock in a research report on Monday, March 2nd. Argus decreased their target price on shares of Blackstone from $195.00 to $163.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. UBS Group dropped their price target on shares of Blackstone from $171.00 to $137.00 and set a “neutral” rating on the stock in a research note on Friday, February 20th. Finally, HSBC reduced their price objective on Blackstone from $178.00 to $174.00 and set a “hold” rating for the company in a research report on Wednesday, January 28th. Ten analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat, Blackstone has a consensus rating of “Hold” and a consensus price target of $164.00.
Read Our Latest Analysis on Blackstone
Key Stories Impacting Blackstone
Here are the key news stories impacting Blackstone this week:
- Positive Sentiment: Blackstone closed a record, oversubscribed life‑sciences fund at $6.3 billion (Blackstone Life Sciences VI). That boosts fee‑earning AUM, diversifies growth into a high‑demand, specialized financing area and is a near‑term catalyst supporting earnings and multiple expansion. Why Blackstone (BX) Is Up 5.5% After Launching a Record $6.3 Billion Life Sciences Fund
- Positive Sentiment: Analyst/coverage pieces note Blackstone’s strong history of earnings surprises and position it to beat upcoming estimates again — suggests upside to near‑term EPS and supports investor confidence. Why Blackstone Inc. (BX) Could Beat Earnings Estimates Again
- Positive Sentiment: Repeated coverage of Blackstone on national TV (Jim Cramer) highlights the stock to retail/trading audiences — can drive short‑term flows and momentum as investors rotate toward perceived “status‑quo” reopening trade ideas. Jim Cramer Highlights Blackstone Pin Action
- Neutral Sentiment: Market chatter indicates Blackstone and private credit partners are pressuring Thoma Bravo over Medallia terms — could unlock value if it forces a concession, but also risks a drawn‑out dispute; impact depends on outcome. Market Chatter: Blackstone Pushes Thoma Bravo to Offer More Equity or Relinquish Control of Medallia
- Neutral Sentiment: Harvard added Blackstone CFO Ryan Burwell to its board amid outside political pressure — a governance/visibility development that may reassure some investors but also draws public scrutiny. Harvard Adds Blackstone CFO, Burwell to Board Amid Trump Pressure
- Neutral Sentiment: Several how‑to/broker pieces (e.g., buying guides) are circulating — generally increases retail awareness but not a material fundamental driver. How to Buy Blackstone Stock (BX) in 2026
- Negative Sentiment: Lawmakers are probing Blackstone, Ares and peers over private‑credit practices — regulatory/legal risk could pressure sentiment, increase compliance costs or constrain product growth if investigations lead to policy changes. Lawmakers probe Blackstone, Ares and peers over private credit practices: report
Blackstone Company 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.
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