Red Door Wealth Management LLC Sells 10,656 Shares of Blackstone Inc. $BX

Red Door Wealth Management LLC reduced its holdings in Blackstone Inc. (NYSE:BX) by 12.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 76,797 shares of the asset manager’s stock after selling 10,656 shares during the period. Blackstone accounts for approximately 1.2% of Red Door Wealth Management LLC’s portfolio, making the stock its 21st largest position. Red Door Wealth Management LLC’s holdings in Blackstone were worth $11,837,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. REAP Financial Group LLC bought a new stake in Blackstone in the 3rd quarter valued at $26,000. Redmont Wealth Advisors LLC bought a new position in shares of Blackstone during the 3rd quarter worth about $30,000. Strive Asset Management LLC bought a new stake in shares of Blackstone in the third quarter valued at about $30,000. Kelleher Financial Advisors acquired a new stake in Blackstone during the third quarter worth about $34,000. Finally, Parvin Asset Management LLC acquired a new position in Blackstone in the 2nd quarter valued at approximately $35,000. Institutional investors and hedge funds own 70.00% of the company’s stock.

Blackstone Stock Performance

Shares of NYSE:BX opened at $113.01 on Friday. The stock has a market capitalization of $83.87 billion, a price-to-earnings ratio of 29.13, a price-to-earnings-growth ratio of 0.90 and a beta of 1.74. The business’s fifty day moving average price is $120.88 and its two-hundred day moving average price is $144.04. Blackstone Inc. has a fifty-two week low of $101.73 and a fifty-two week high of $190.09. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.76 and a quick ratio of 0.76.

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

Blackstone Increases Dividend

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

Blackstone News Summary

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

Insider Activity at Blackstone

In related news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the firm’s stock in a transaction 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Holdings Iv Gp Mana Blackstone acquired 2,868,069 shares of Blackstone stock in a transaction on Friday, March 20th. The stock was acquired at an average cost of $26.15 per share, for a total transaction of $75,000,004.35. Following the purchase, the insider owned 18,628,295 shares of the company’s stock, valued at approximately $487,129,914.25. This represents a 18.20% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on BX. Barclays decreased their price objective on Blackstone from $164.00 to $126.00 and set an “equal weight” rating on the stock in a report on Monday, March 2nd. UBS Group reduced their target price on Blackstone from $171.00 to $137.00 and set a “neutral” rating for the company in a research report on Friday, February 20th. Jefferies Financial Group lowered their price target on shares of Blackstone from $185.00 to $161.00 and set a “buy” rating on the stock in a report on Tuesday, February 10th. Rothschild & Co Redburn reduced their price objective on shares of Blackstone from $165.00 to $158.00 and set a “neutral” rating for the company in a report on Monday, February 2nd. Finally, 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. Ten research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Blackstone presently has an average rating of “Hold” and a consensus price target of $164.00.

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.