SteelPeak Wealth LLC Buys 6,141 Shares of Blackstone Inc. $BX

04 Apr 2026, 06:44 by Renee Jackson · The Cerbat Gem

SteelPeak Wealth LLC raised its stake in shares of Blackstone Inc. (NYSE:BX – Free Report) by 17.2% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 41,815 shares of the asset manager’s stock after purchasing an additional 6,141 shares during the period. SteelPeak Wealth LLC’s holdings in Blackstone were worth $6,445,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in BX. REAP Financial Group LLC bought a new position in shares of Blackstone in the third quarter worth approximately $26,000. Redmont Wealth Advisors LLC purchased a new position in shares of Blackstone during the 3rd quarter valued at $30,000. Strive Asset Management LLC bought a new position in Blackstone in the 3rd quarter worth $30,000. Kelleher Financial Advisors bought a new stake in Blackstone during the third quarter valued at about $34,000. Finally, Parvin Asset Management LLC purchased a new position in shares of Blackstone in the second quarter valued at about $35,000. Institutional investors own 70.00% of the company’s stock.

Wall Street Analysts Forecast Growth

BX has been the topic of several recent analyst reports. Argus decreased their target price on Blackstone from $195.00 to $163.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Blackstone from $164.00 to $185.00 and gave the company a “buy” rating in a report on Wednesday, December 17th. HSBC lowered their target price on shares of Blackstone from $178.00 to $174.00 and set a “hold” rating on the stock in a report on Wednesday, January 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Blackstone in a research note on Wednesday, January 21st. Finally, Royal Bank Of Canada assumed coverage on shares of Blackstone in a research note on Monday, February 23rd. They issued an “outperform” rating and a $179.00 price target on the stock. Ten analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $164.00.

Get Our Latest Report on BX

Insiders Place Their Bets

In other Blackstone news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the company’s stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $10.00, for a total transaction of $15,961,420.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of Blackstone stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $3.51, for a total value of $26,246,039.04. Following the completion of the transaction, the insider owned 25,832 shares of the company’s stock, valued at approximately $90,670.32. This trade represents a 99.66% decrease in their position. The SEC filing for this sale provides additional information. 1.00% of the stock is currently owned by insiders.

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 Trading Down 0.0%

BX stock opened at $113.01 on Friday. The firm has a fifty day moving average price of $120.88 and a 200 day moving average price of $144.04. Blackstone Inc. has a fifty-two week low of $101.73 and a fifty-two week high of $190.09. The firm has a market cap of $83.87 billion, a PE ratio of 29.13, a price-to-earnings-growth ratio of 0.90 and a beta of 1.74. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.76 and a current ratio of 0.76.

Blackstone (NYSE:BX – Get Free Report) last released its quarterly earnings results on Thursday, January 29th. The asset manager reported $1.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.54 by $0.21. Blackstone had a net margin of 20.89% and a return on equity of 22.17%. The company had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $3.69 billion. During the same quarter in the prior year, the firm earned $1.69 earnings per share. Blackstone’s revenue was up 41.4% on a year-over-year basis. Sell-side analysts anticipate that Blackstone Inc. will post 5.87 earnings per share for the current fiscal year.

Blackstone Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 9th were given a $1.49 dividend. This is an increase from Blackstone’s previous quarterly dividend of $1.29. This represents a $5.96 annualized dividend and a yield of 5.3%. The ex-dividend date was Monday, February 9th. Blackstone’s dividend payout ratio (DPR) is 153.61%.

Blackstone Profile

(Free Report)

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.