Blackstone Inc. $BX Shares Newly Bought by Worth Asset Management LLC

07 Oct 2026, 13:30 by Amy Steele · The Cerbat Gem

Worth Asset Management LLC bought a new position in Blackstone Inc. (NYSE:BX – Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,223 shares of the asset manager’s stock, valued at approximately $810,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Moody National Bank Trust Division acquired a new stake in Blackstone during the 3rd quarter worth about $214,000. Eastern Bank grew its stake in Blackstone by 7.5% in the third quarter. Eastern Bank now owns 10,822 shares of the asset manager’s stock valued at $1,213,000 after purchasing an additional 758 shares in the last quarter. Rockland Trust Co. increased its stake in shares of Blackstone by 4.4% during the 3rd quarter. Rockland Trust Co. now owns 4,985 shares of the asset manager’s stock worth $559,000 after purchasing an additional 210 shares during the last quarter. Boltwood Capital Management raised its stake in shares of Blackstone by 2.5% in the 3rd quarter. Boltwood Capital Management now owns 9,221 shares of the asset manager’s stock valued at $1,034,000 after acquiring an additional 225 shares in the last quarter. Finally, CX Institutional lifted its position in Blackstone by 5.7% during the 3rd quarter. CX Institutional now owns 4,877 shares of the asset manager’s stock worth $547,000 after acquiring an additional 262 shares during the last quarter. 70.00% of the stock is owned by institutional investors and hedge funds.

Blackstone Stock Performance

BX traded down $1.80 during trading hours on Wednesday, reaching $111.56. The company’s stock had a trading volume of 2,052,967 shares, compared to its average volume of 6,073,328. The company’s 50-day moving average is $131.78 and its 200-day moving average is $124.17. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.72 and a current ratio of 0.72. The firm has a market cap of $83.74 billion, a PE ratio of 24.93, a price-to-earnings-growth ratio of 1.26 and a beta of 1.59. Blackstone Inc. has a 52 week low of $101.73 and a 52 week high of $166.39.

Blackstone (NYSE:BX – Get Free Report) last posted its earnings results on Thursday, July 23rd. The asset manager reported $1.52 EPS for the quarter, beating the consensus estimate of $1.34 by $0.18. Blackstone had a return on equity of 23.77% and a net margin of 21.84%.The company had revenue of $5.04 billion for the quarter, compared to the consensus estimate of $3.42 billion. During the same quarter in the prior year, the business earned $0.98 earnings per share. The firm’s revenue for the quarter was up 35.9% on a year-over-year basis. On average, equities analysts forecast that Blackstone Inc. will post 5.98 EPS for the current year.

Blackstone Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Monday, August 3rd were paid a $1.29 dividend. This represents a $5.16 dividend on an annualized basis and a yield of 4.6%. This is a positive change from Blackstone’s previous quarterly dividend of $1.16. The ex-dividend date of this dividend was Monday, August 3rd. Blackstone’s payout ratio is 115.44%.

Key Blackstone News

Here are the key news stories impacting Blackstone this week:

Positive Sentiment: Blackstone agreed to sell Clarion to Informa for approximately $2.96 billion. The transaction could provide a meaningful realization of value and demonstrate continued monetization activity in Blackstone’s portfolio. Blackstone to Sell Clarion to Informa for $2.96 Billion
Positive Sentiment: Blackstone-backed data-center operator AirTrunk plans a roughly $1 billion project in Japan, supporting the firm’s exposure to high-growth digital infrastructure and demand for data-center capacity. Blackstone-backed AirTrunk boosts Japan investment with $1B data center project
Positive Sentiment: Blackstone, Bain Capital and Warburg Pincus are reportedly preparing final bids for Fuji Media’s property unit, highlighting Blackstone’s appetite for additional real-estate investments. Blackstone, Bain, Warburg prepare final bids for Fuji Media’s property unit
Positive Sentiment: Bank of America Securities maintained a Buy rating, providing a counterpoint to the more cautious analyst actions. Bank of America Securities Remains a Buy on Blackstone

Analysts Set New Price Targets

BX has been the subject of a number of research reports. TD Cowen increased their price target on shares of Blackstone from $133.00 to $145.00 and gave the company a “buy” rating in a report on Friday, July 24th. Citizens Jmp dropped their price objective on shares of Blackstone from $190.00 to $165.00 and set a “market outperform” rating for the company in a research report on Thursday, July 9th. Wells Fargo & Company assumed coverage on Blackstone in a report on Friday, October 2nd. They issued an “equal weight” rating and a $122.00 price objective for the company. The Goldman Sachs Group lifted their target price on Blackstone from $114.00 to $127.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Finally, BNP Paribas Exane reduced their target price on shares of Blackstone from $126.00 to $125.00 and set a “neutral” rating for the company in a research note on Tuesday, June 30th. Thirteen research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $147.50.

View Our Latest Analysis on Blackstone

Insider Activity

In other Blackstone news, major shareholder Private Multi-Asset Blackstone purchased 573,614 shares of the firm’s stock in a transaction on Thursday, July 23rd. The stock was purchased at an average cost of $26.15 per share, for a total transaction of $15,000,006.10. Following the transaction, the insider owned 8,455,758 shares in the company, valued at $221,118,071.70. The trade was a 7.28% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Joseph Baratta sold 100,000 shares of the firm’s stock in a transaction dated Friday, September 18th. The stock was sold at an average price of $123.80, for a total value of $12,380,000.00. Following the transaction, the director owned 771,599 shares of the company’s stock, valued at $95,523,956.20. This trade represents a 11.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have acquired 1,038,406 shares of company stock valued at $27,205,951 and have sold 4,077,276 shares valued at $37,573,644. Insiders own 1.00% of the company’s stock.

Blackstone Company Profile

(Free Report)

Blackstone Inc is a global alternative asset management firm that provides investment solutions to institutional investors, companies, financial advisers and individual investors. Founded in 1985 by Stephen A. Schwarzman and Peter G. Peterson, the company has developed a broad platform spanning private markets and other alternative investments.

Blackstone’s businesses include private equity, real estate, credit and insurance, infrastructure, secondaries and hedge fund solutions. Its investment activities may involve acquiring and managing companies, commercial and residential properties, infrastructure assets, private credit and other investments on behalf of its clients.

The firm serves clients and invests across North America, Europe, Asia-Pacific and other international markets.