Tactical Opportunit Blackstone Sells 1,596,142 Shares of Blackstone (NYSE:BX) Stock

Blackstone Inc. (NYSE:BX) major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the business’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 sale was disclosed in a legal filing with the SEC, which is available through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Tactical Opportunit Blackstone also recently made the following trade(s):

• On Thursday, December 4th, Tactical Opportunit Blackstone sold 1,596,142 shares of Blackstone stock. The stock was sold at an average price of $10.00, for a total transaction of $15,961,420.00.

Blackstone Trading Down 4.0%

NYSE:BX traded down $4.56 during midday trading on Tuesday, hitting $110.77. The stock had a trading volume of 15,164,454 shares, compared to its average volume of 7,048,407. 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 stock has a 50-day moving average of $143.13 and a 200 day moving average of $154.03. The company has a market capitalization of $81.80 billion, a price-to-earnings ratio of 28.55, a PEG ratio of 0.97 and a beta of 1.80. Blackstone Inc. has a one year low of $105.09 and a one year high of $190.09.

Blackstone (NYSE:BX) last posted its quarterly earnings results on Thursday, January 29th. The asset manager reported $1.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.54 by $0.21. The business had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $3.69 billion. Blackstone had a return on equity of 22.17% and a net margin of 20.89%.The business’s revenue was up 41.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.69 EPS. As a group, sell-side analysts forecast that Blackstone Inc. will post 5.87 EPS for the current year.

Blackstone Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Investors 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 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 5.4%. Blackstone’s dividend payout ratio is currently 153.61%.

Analysts Set New Price Targets

Several analysts have weighed in on BX shares. The Goldman Sachs Group dropped their target price on shares of Blackstone from $166.00 to $158.00 and set a “neutral” rating on the stock in a research report on Friday, January 30th. Bank of America lowered their target price on shares of Blackstone from $199.00 to $189.00 in a research note on Wednesday, December 10th. Piper Sandler lowered their price objective on shares of Blackstone from $168.00 to $158.00 and set a “neutral” rating for the company in a research note on Monday, February 2nd. TD Cowen dropped their price objective on shares of Blackstone from $183.00 to $164.00 and set a “buy” rating on the stock in a research report on Thursday, February 12th. Finally, BNP Paribas Exane decreased their price objective on shares of Blackstone from $167.00 to $156.00 and set a “neutral” rating for the company in a research note on Monday, January 12th. Eleven equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, Blackstone currently has a consensus rating of “Moderate Buy” and an average price target of $165.86.

Hedge Funds Weigh In On Blackstone

Hedge funds have recently added to or reduced their stakes in the stock. GHP Investment Advisors Inc. raised its holdings in shares of Blackstone by 3.5% in the 2nd quarter. GHP Investment Advisors Inc. now owns 1,784 shares of the asset manager’s stock valued at $267,000 after purchasing an additional 61 shares in the last quarter. Redwood Financial Network Corp lifted its stake in shares of Blackstone by 1.8% during the 2nd quarter. Redwood Financial Network Corp now owns 3,588 shares of the asset manager’s stock worth $537,000 after purchasing an additional 65 shares during the last quarter. Obermeyer Wealth Partners grew 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 purchasing an additional 66 shares during the last quarter. Klingman & Associates LLC lifted 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 valued at $2,583,000 after buying an additional 67 shares during the last quarter. Finally, Lazari Capital Management Inc. raised its stake in shares of Blackstone by 4.5% during the 3rd quarter. Lazari Capital Management Inc. now owns 1,578 shares of the asset manager’s stock worth $270,000 after acquiring an additional 68 shares in the last quarter. 70.00% of the stock is currently owned by institutional investors.

Key Blackstone News

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Analyst/upgrades and buy‑side support — A Seeking Alpha note upgraded BX to “Strong Buy,” arguing that recent selling is sentiment‑driven and highlighting solid 2025 fundamentals (AUM growth, dry powder, dividend yield) as a floor for the stock. Blackstone: Don’t Let Sentiment Obscure The Fundamentals (Rating Upgrade)
• Positive Sentiment: Insider/activist interest — Reports that insiders and prominent investors have been buying elsewhere amid market volatility can be read as a vote of confidence that may limit downside. Carl Icahn and Other Insiders Are Doubling Down Amid Market Volatilities
• Positive Sentiment: Deal flow potential — Bloomberg/Reuters reported Blackstone is among suitors eyeing a bid for UK aerospace supplier Senior Plc, signaling ongoing deal activity and deployment opportunities for capital. Blackstone among suitors eyeing bid for UK’s aerospace supplier Senior
• Neutral Sentiment: Management pushback — President Jon Gray publicly defended the credit quality in BCRED, saying market “noise” drove the redemptions; that mitigates worst‑case liquidity fears but hasn’t calmed markets. Blackstone’s Gray: Market ‘noise’ fueled record redemptions from world’s largest private credit fund
• Negative Sentiment: Record redemptions at BCRED — Blackstone reported unusually large withdrawal requests (about $3.8 billion of redemption requests, which led to net outflows of roughly $1.7 billion in the quarter), raising concerns about investor confidence in private‑credit products and near‑term fee income. Blackstone Played Down Private-Credit Risks. Now It’s Been Hit.
• Negative Sentiment: Higher payouts / liquidity actions — Blackstone increased investor payouts from the $82B private‑credit fund to meet redemption demand, which can reduce assets under management and future fee revenue if outflows persist. Blackstone hikes investor payouts from $82B private credit fund
• Negative Sentiment: Analyst downgrades/price‑target cuts — JPMorgan cut its BX target to $122 (neutral) and Barclays lowered its target to $126 (equal weight), signaling more cautious near‑term expectations and contributing to selling pressure. Analyst coverage notes

About Blackstone

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.