Sanders Morris Harris LLC Has $91.13 Million Stock Position in Blackstone Inc. $BX

17 Dec 2025, 07:17 by Jessica Moore · The Cerbat Gem

Sanders Morris Harris LLC grew its position in shares of Blackstone Inc. (NYSE:BX – Free Report) by 2.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 533,400 shares of the asset manager’s stock after buying an additional 13,965 shares during the period. Blackstone makes up 12.1% of Sanders Morris Harris LLC’s holdings, making the stock its 2nd biggest position. Sanders Morris Harris LLC owned 0.07% of Blackstone worth $91,131,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of BX. Traub Capital Management LLC acquired a new position in shares of Blackstone during the 2nd quarter worth approximately $27,000. 1248 Management LLC acquired a new stake in Blackstone during the first quarter worth approximately $25,000. Family CFO Inc bought a new position in Blackstone during the 2nd quarter worth $28,000. Wealth Preservation Advisors LLC bought a new stake in shares of Blackstone during the 1st quarter valued at $28,000. Finally, Anderson Financial Strategies LLC bought a new position in shares of Blackstone in the first quarter worth $28,000. 70.00% of the stock is owned by institutional investors.

Blackstone Stock Performance

NYSE BX opened at $152.01 on Wednesday. The stock has a fifty day simple moving average of $149.83 and a 200 day simple moving average of $158.99. Blackstone Inc. has a twelve month low of $115.66 and a twelve month high of $190.09. The company has a market capitalization of $112.25 billion, a price-to-earnings ratio of 43.43, a PEG ratio of 1.20 and a beta of 1.76. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.60.

Blackstone (NYSE:BX – Get Free Report) last issued its quarterly earnings results on Friday, November 22nd. The asset manager reported $0.97 earnings per share for the quarter. Blackstone had a return on equity of 22.30% and a net margin of 20.56%.The company had revenue of $2.49 billion during the quarter. Sell-side analysts expect 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 Monday, November 10th. Investors of record on Monday, November 3rd were paid a dividend of $1.29 per share. This is a boost from Blackstone’s previous quarterly dividend of $1.03. This represents a $5.16 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend was Monday, November 3rd. Blackstone’s payout ratio is 147.43%.

Analyst Ratings Changes

A number of analysts have recently weighed in on BX shares. Jefferies Financial Group cut their price target on shares of Blackstone from $199.00 to $187.00 in a report on Monday, November 10th. Citigroup lowered their price target on Blackstone from $185.00 to $170.00 and set a “neutral” rating for the company in a report on Monday, October 13th. Barclays lifted their target price on Blackstone from $165.00 to $172.00 and gave the company an “equal weight” rating in a research report on Friday. Bank of America dropped their target price on shares of Blackstone from $199.00 to $189.00 in a report on Wednesday, December 10th. Finally, BMO Capital Markets lowered their price objective on shares of Blackstone from $190.00 to $180.00 and set an “outperform” rating for the company in a research report on Monday, October 27th. Ten equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $178.84.

Read Our Latest Report on Blackstone

Insider Buying and Selling at Blackstone

In related news, Director James Breyer acquired 13,900 shares of the stock in a transaction dated Tuesday, November 4th. The stock was bought at an average price of $143.86 per share, for a total transaction of $1,999,654.00. Following the purchase, the director directly owned 68,906 shares of the company’s stock, valued at $9,912,817.16. The trade was a 25.27% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Joseph Baratta sold 113,000 shares of the stock in a transaction on Thursday, September 25th. The stock was sold at an average price of $175.69, for a total transaction of $19,852,970.00. Following the transaction, the director directly owned 695,757 shares in the company, valued at approximately $122,237,547.33. This represents a 13.97% 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 2,950,751 shares of company stock valued at $79,050,138. 1.00% of the stock is owned by corporate insiders.

Blackstone Company Profile

(Free Report)