Castleark Management LLC Has $37.65 Million Stock Position in Blackstone Inc. $BX

13 Jun 2026, 04:36 by Teresa Graham · The Cerbat Gem

Castleark Management LLC lifted its position in Blackstone Inc. (NYSE:BX – Free Report) by 2.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 244,268 shares of the asset manager’s stock after buying an additional 5,094 shares during the quarter. Blackstone comprises approximately 1.1% of Castleark Management LLC’s holdings, making the stock its 20th biggest position. Castleark Management LLC’s holdings in Blackstone were worth $37,651,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Redwood Financial Network Corp grew its stake in shares of Blackstone by 1.8% in the second quarter. Redwood Financial Network Corp now owns 3,588 shares of the asset manager’s stock valued at $537,000 after buying an additional 65 shares in the last quarter. Benchmark Financial Wealth Advisors LLC grew its stake in shares of Blackstone by 0.9% in the fourth quarter. Benchmark Financial Wealth Advisors LLC now owns 7,748 shares of the asset manager’s stock valued at $1,194,000 after buying an additional 69 shares in the last quarter. MidWestOne Financial Group Inc. grew its stake in shares of Blackstone by 0.8% in the third quarter. MidWestOne Financial Group Inc. now owns 8,335 shares of the asset manager’s stock valued at $1,424,000 after buying an additional 70 shares in the last quarter. Parcion Private Wealth LLC lifted its holdings in Blackstone by 0.6% during the 4th quarter. Parcion Private Wealth LLC now owns 10,935 shares of the asset manager’s stock valued at $1,686,000 after purchasing an additional 70 shares during the last quarter. Finally, Trivium Point Advisory LLC lifted its holdings in Blackstone by 2.6% during the 4th quarter. Trivium Point Advisory LLC now owns 2,713 shares of the asset manager’s stock valued at $418,000 after purchasing an additional 70 shares during the last quarter. 70.00% of the stock is owned by institutional investors.

Insider Activity at Blackstone

In related news, major shareholder Holdings Iv Gp Mana Blackstone acquired 2,868,069 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The shares were bought at an average cost of $26.15 per share, with a total value of $75,000,004.35. Following the completion of the purchase, the insider directly owned 18,628,295 shares in the company, valued at $487,129,914.25. The trade was a 18.20% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. 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 directly owned 25,832 shares in the company, valued at approximately $90,670.32. This represents a 99.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders purchased 12,355,303 shares of company stock valued at $264,789,896. Corporate insiders own 1.00% of the company’s stock.

Blackstone Stock Performance

Blackstone stock opened at $122.63 on Friday. The stock has a market cap of $91.10 billion, a PE ratio of 31.36, a P/E/G ratio of 1.31 and a beta of 1.59. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.66. The business’s 50-day moving average price is $119.98 and its two-hundred day moving average price is $131.03. Blackstone Inc. has a 12-month low of $101.73 and a 12-month high of $190.09.

Blackstone (NYSE:BX – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The asset manager reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.02. The company had revenue of $3.43 billion for the quarter, compared to analysts’ expectations of $3.45 billion. Blackstone had a return on equity of 22.86% and a net margin of 20.67%.The business’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same period in the previous year, the business posted $1.11 earnings per share. As a group, analysts expect that Blackstone Inc. will post 5.9 earnings per share for the current fiscal year.

Blackstone Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, May 4th were issued a dividend of $1.16 per share. This represents a $4.64 annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Monday, May 4th. Blackstone’s payout ratio is 118.67%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. JPMorgan Chase & Co. cut their price target on Blackstone from $142.00 to $136.00 and set a “neutral” rating for the company in a report on Friday, April 24th. Morgan Stanley cut their price target on Blackstone from $215.00 to $184.00 and set an “overweight” rating for the company in a report on Tuesday, April 21st. HSBC cut their price target on Blackstone from $164.00 to $131.00 and set a “hold” rating for the company in a report on Friday, April 10th. Argus dropped their target price on Blackstone from $163.00 to $146.00 and set a “buy” rating for the company in a report on Tuesday, April 28th. Finally, Zacks Research raised Blackstone from a “strong sell” rating to a “hold” rating in a report on Monday, June 8th. Thirteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $150.86.

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About Blackstone

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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.