Blackstone Inc. $BX Shares Sold by Integrated Advisors Network LLC

Integrated Advisors Network LLC trimmed its position in Blackstone Inc. (NYSE:BX) by 4.0% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 194,411 shares of the asset manager’s stock after selling 8,144 shares during the period. Blackstone comprises 1.0% of Integrated Advisors Network LLC’s investment portfolio, making the stock its 14th biggest position. Integrated Advisors Network LLC’s holdings in Blackstone were worth $21,792,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wellington Altus USA Inc. bought a new position in shares of Blackstone during the 2nd quarter worth approximately $26,000. Addison Advisors LLC bought a new position in shares of Blackstone in the second quarter valued at approximately $30,000. NBH Bank purchased a new stake in shares of Blackstone during the second quarter valued at approximately $30,000. Bell Investment Advisors Inc bought a new stake in Blackstone during the second quarter worth $30,000. Finally, West Branch Capital LLC lifted its holdings in Blackstone by 26,600.0% during the second quarter. West Branch Capital LLC now owns 267 shares of the asset manager’s stock worth $31,000 after acquiring an additional 266 shares during the period. Hedge funds and other institutional investors own 70.00% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Keefe, Bruyette & Woods upgraded Blackstone to a “hold” rating in a research note on Monday, July 20th. Royal Bank Of Canada lifted their target price on Blackstone from $161.00 to $169.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. Piper Sandler cut their price target on shares of Blackstone from $130.00 to $125.00 and set a “neutral” rating on the stock in a report on Monday. UBS Group reduced their price target on shares of Blackstone from $122.00 to $116.00 and set a “neutral” rating for the company in a research report on Tuesday, October 13th. Finally, Citigroup upgraded shares of Blackstone from a “market outperform” rating to a “buy” rating in a report on Monday, October 12th. Thirteen analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $143.45.

Insider Buying and Selling at Blackstone

In other news, major shareholder Holdings Iv L.P. Blackstone purchased 191,695 shares of the business’s stock in a transaction on Wednesday, September 23rd. The stock was purchased at an average cost of $26.17 per share, with a total value of $5,016,658.15. Following the acquisition, the insider directly owned 8,895,478 shares in the company, valued at approximately $232,794,659.26. This trade represents a 2.20% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO David Payne sold 9,500 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $145.23, for a total transaction of $1,379,685.00. Following the transaction, the chief accounting officer owned 64,448 shares of the company’s stock, valued at $9,359,783.04. This trade represents a 12.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have purchased 1,038,406 shares of company stock worth $27,205,951 and have sold 4,077,276 shares worth $37,573,644. 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 and Warburg Pincus are reportedly exploring a sale of IntraFi at a valuation above $10 billion. A potentially sizable exit could demonstrate strong value creation and generate additional realizations for Blackstone, although the discussions may not result in a transaction. Blackstone, Warburg explore IntraFi sale at over $10 billion
• Positive Sentiment: Blackstone completed the final close of its fifth energy-transition fund at $8.7 billion, more than 50% larger than its predecessor and at its hard cap. The oversubscribed raise supports continued growth in fee-earning assets and strengthens the firm’s position in infrastructure and clean-energy investing. Blackstone Announces $8.7 Billion Final Close
• Positive Sentiment: Anthropic reportedly offered Blackstone a yield above 10% for financing tied to a semiconductor transaction. The deal could provide attractive income and expand Blackstone’s exposure to artificial-intelligence infrastructure, though it also carries financing and concentration risks. Anthropic Offers Blackstone High Yield in Chip Financing Deal
• Neutral Sentiment: Analysts are entering Blackstone’s third-quarter results with reduced expectations after multiple estimate cuts. Management has signaled slower realizations, but investors are also focused on the firm’s 26% year-over-year distributable-earnings growth, record $1.35 trillion in assets under management, and longer-term fee and infrastructure expansion. Blackstone Expectations Ahead of Q3 Earnings
• Negative Sentiment: A $1.3 billion Blackstone multifamily commercial mortgage-backed securities loan tied to Sun Belt properties entered special servicing. The development raises concerns about property performance, potential loan workouts, and broader weakness in parts of Blackstone’s real estate portfolio. Blackstone Sun Belt Multifamily CMBS Loan Hits Special Servicing

Blackstone Stock Up 3.1%

BX stock opened at $110.38 on Wednesday. The stock has a 50-day simple moving average of $126.79 and a two-hundred day simple moving average of $124.14. Blackstone Inc. has a twelve month low of $101.73 and a twelve month high of $165.14. The firm has a market capitalization of $82.85 billion, a PE ratio of 24.69, a PEG ratio of 1.29 and a beta of 1.59. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.63.

Blackstone (NYSE:BX) last announced its quarterly earnings results on Thursday, July 23rd. The asset manager reported $1.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.34 by $0.18. Blackstone had a net margin of 21.84% and a return on equity of 23.77%. The firm had revenue of $5.04 billion for the quarter, compared to the consensus estimate of $3.42 billion. During the same period in the prior year, the firm posted $0.98 earnings per share. The company’s revenue for the quarter was up 35.9% on a year-over-year basis. On average, equities analysts predict that Blackstone Inc. will post 5.89 EPS for the current fiscal year.

Blackstone Company Profile

Blackstone Inc (NYSE:BX) is a global alternative asset management firm that provides investment and advisory services to institutional investors, companies, and qualified individual investors. The company manages capital across private equity, real estate, credit and insurance, infrastructure, hedge fund solutions, secondaries, and growth-oriented investments.

Blackstone invests in and manages portfolios of businesses, properties, infrastructure assets, and credit instruments across a range of industries.