J.W. Cole Advisors Inc. Has $10.01 Million Stake in Blackstone Inc. $BX

Posted by Logan Wallace on Jun 5th, 2026

J.W. Cole Advisors Inc. trimmed its holdings in Blackstone Inc. (NYSE:BX – Free Report) by 12.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,944 shares of the asset manager’s stock after selling 9,625 shares during the period. J.W. Cole Advisors Inc.’s holdings in Blackstone were worth $10,010,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BX. REAP Financial Group LLC acquired a new stake in shares of Blackstone in the third quarter valued at approximately $26,000. Family CFO Inc bought a new position in Blackstone in the fourth quarter valued at approximately $28,000. Ares Financial Consulting LLC bought a new position in Blackstone in the fourth quarter valued at approximately $28,000. Richardson Financial Services Inc. bought a new position in Blackstone in the fourth quarter valued at approximately $29,000. Finally, Redmont Wealth Advisors LLC bought a new position in Blackstone in the third quarter valued at approximately $30,000. 70.00% of the stock is currently owned by institutional investors and hedge funds.

Blackstone Stock Performance

NYSE BX opened at $118.62 on Friday. The firm’s fifty day moving average price is $119.08 and its two-hundred day moving average price is $131.84. The stock has a market cap of $88.12 billion, a PE ratio of 30.34, a PEG ratio of 1.20 and a beta of 1.59. 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 0.66, a quick ratio of 0.76 and a current ratio of 0.76.

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

Blackstone Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Monday, May 4th were paid a $1.16 dividend. The ex-dividend date of this dividend was Monday, May 4th. This represents a $4.64 annualized dividend and a dividend yield of 3.9%. Blackstone’s payout ratio is currently 118.67%.

Insider Buying and Selling

In related news, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the business’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $3.51, for a total value of $26,246,039.04. Following the sale, the insider owned 25,832 shares of the company’s stock, valued at $90,670.32. The trade was a 99.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, major shareholder Holdings Iv Gp Mana Blackstone acquired 2,868,069 shares of Blackstone stock in a transaction that occurred 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 $487,129,914.25. The trade was a 18.20% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 12,355,303 shares of company stock valued at $264,789,896 over the last quarter. 1.00% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages recently issued reports on BX. JPMorgan Chase & Co. decreased their price objective on shares of Blackstone from $142.00 to $136.00 and set a “neutral” rating on the stock in a research note on Friday, April 24th. Barclays decreased their price objective on shares of Blackstone from $126.00 to $124.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 8th. Royal Bank Of Canada set a $173.00 price objective on shares of Blackstone in a research note on Friday, April 24th. Weiss Ratings cut shares of Blackstone from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 4th. Finally, The Goldman Sachs Group decreased their target price on shares of Blackstone from $118.00 to $116.00 and set a “neutral” rating on the stock in a research note on Friday, April 24th. Twelve equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $151.05.

Read Our Latest Research Report on BX

Blackstone News Roundup

Here are the key news stories impacting Blackstone this week:

Positive Sentiment: Blackstone announced an investment partnership with Nippon Life Insurance focused on private credit and real estate capital deployment, adding a new source of assets under management and potential fee growth. Blackstone, Nippon Life Insurance partner on private credit, real estate
Positive Sentiment: Blackstone-backed Liftoff Mobile completed an IPO, reinforcing Blackstone’s ability to monetize portfolio investments and create value through exits. Blackstone’s Liftoff IPO And Nippon Life Deal Reshape BX Outlook
Neutral Sentiment: TransAlta agreed to buy Blackstone-backed Colorado peaking plants for about $1 billion, which shows continued asset sale activity and potential capital recycling, but the stock impact is unclear from the announcement alone. TransAlta to buy Blackstone-backed Colorado peaking plants for $1 billion
Negative Sentiment: Blackstone’s private credit fund withdrawal cap is fueling renewed investor anxiety about liquidity in private markets and could pressure sentiment if redemption stress spreads to peers. Investors Seek to Pull 10% from Blackstone’s Giant Private-Credit Fund
Negative Sentiment: Peer fund redemption limits from Partners Group and Cliffwater triggered a broader selloff in alternative asset managers, weighing on BX despite today’s rebound. KKR, Ares, Blackstone tumble premarket as Partners Group caps private equity fund withdrawals

Blackstone Company 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.