KCM Investment Advisors LLC Has $37.72 Million Stake in Blackstone Inc. $BX

KCM Investment Advisors LLC lifted its holdings in Blackstone Inc. (NYSE:BX) by 2.8% during the 3rd quarter, Holdings Channel reports. The fund owned 220,787 shares of the asset manager’s stock after acquiring an additional 6,034 shares during the quarter. Blackstone makes up approximately 1.2% of KCM Investment Advisors LLC’s portfolio, making the stock its 23rd biggest position. KCM Investment Advisors LLC’s holdings in Blackstone were worth $37,722,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Brighton Jones LLC increased its position in Blackstone by 34.6% in the 4th quarter. Brighton Jones LLC now owns 7,917 shares of the asset manager’s stock valued at $1,365,000 after acquiring an additional 2,035 shares in the last quarter. Sivia Capital Partners LLC raised its position in Blackstone by 9.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,076 shares of the asset manager’s stock worth $310,000 after purchasing an additional 177 shares during the last quarter. United Bank boosted its position in Blackstone by 14.7% in the 2nd quarter. United Bank now owns 13,528 shares of the asset manager’s stock valued at $2,024,000 after buying an additional 1,729 shares during the last quarter. Hantz Financial Services Inc. lifted its stake in shares of Blackstone by 156.8% during the second quarter. Hantz Financial Services Inc. now owns 583 shares of the asset manager’s stock valued at $87,000 after acquiring an additional 356 shares during the period. Finally, Sigma Planning Corp increased its position in Blackstone by 1.5% in the second quarter. Sigma Planning Corp now owns 17,596 shares of the asset manager’s stock worth $2,632,000 after purchasing an additional 267 shares during the period. Institutional investors own 70.00% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Jefferies Financial Group lowered their price target on shares of Blackstone from $185.00 to $161.00 and set a “buy” rating for the company in a research report on Tuesday, February 10th. Citigroup reiterated a “market outperform” rating on shares of Blackstone in a research report on Friday, January 30th. BNP Paribas Exane decreased their price objective on Blackstone from $167.00 to $156.00 and set a “neutral” rating for the company in a research note on Monday, January 12th. Rothschild & Co Redburn decreased their target price on Blackstone from $165.00 to $158.00 and set a “neutral” rating for the company in a research report on Monday, February 2nd. Finally, Bank of America decreased their price objective on shares of Blackstone from $199.00 to $189.00 in a report on Wednesday, December 10th. Eleven research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $165.86.

Blackstone Trading Up 2.8%

NYSE:BX opened at $114.07 on Thursday. The business has a 50 day moving average price of $141.39 and a two-hundred day moving average price of $153.33. The company has a quick ratio of 0.75, a current ratio of 0.76 and a debt-to-equity ratio of 0.61. The company has a market cap of $84.66 billion, a P/E ratio of 29.40, a price-to-earnings-growth ratio of 0.95 and a beta of 1.79. Blackstone Inc. has a twelve month low of $105.09 and a twelve month high of $190.09.

Blackstone (NYSE:BX) last released its earnings results on Thursday, January 29th. The asset manager reported $1.75 earnings per share 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 business had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $3.69 billion. During the same quarter last year, the firm earned $1.69 earnings per share. The firm’s revenue for the quarter was up 41.4% compared to the same quarter last year. As a group, analysts expect that Blackstone Inc. will post 5.87 EPS for the current fiscal year.

Blackstone Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were paid a $1.49 dividend. This is a positive change from Blackstone’s previous quarterly dividend of $1.29. This represents a $5.96 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date was Monday, February 9th. Blackstone’s dividend payout ratio is 153.61%.

Trending Headlines about Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Potential M&A/deal flow: reports that Blackstone is among bidders showing fresh takeover interest in UK aerospace supplier Senior — deal activity could support fee generation and deployment of dry powder. Senior draws fresh takeover interest from Blackstone, Tinicum
• Positive Sentiment: Contrarian analyst views: a Seeking Alpha piece upgraded Blackstone to “Strong Buy,” arguing fundamentals (AUM, fee growth, dry powder) still support longer‑term value despite headline weakness. Blackstone: Don’t Let Sentiment Obscure The Fundamentals
• Neutral Sentiment: Management response: President Jon Gray defended BCRED’s loan quality and called market reaction “noise,” which may moderate panic but hasn’t halted outflows. Blackstone’s Gray: Market ‘noise’ fueled record redemptions
• Neutral Sentiment: Liquidity management: Blackstone raised repurchase caps and injected capital to honor BCRED redemptions — an operationally supportive step but one that highlights stress in retailized private credit. Blackstone Redemptions Test Liquidity As Shares Trade Below Fair Value
• Neutral Sentiment: BDC liquidity response: the largest Blackstone BDC increased its share repurchase limit to 7% as investors cashed out — a sign of elevated redemptions at retail‑facing vehicles. Largest Blackstone BDC hikes share repurchase limit to 7%
• Negative Sentiment: Record redemptions at BCRED: multiple reports (WSJ/Reuters) show gross withdrawal spikes (~$3.8bn) and net outflows (~$1.7bn for the quarter), raising concerns about fee pressure, liquidity costs and short‑term earnings risk. Blackstone Played Down Private-Credit Risks. Now It’s Been Hit.
• Negative Sentiment: Analyst downgrades/target cuts: JPMorgan cut its BX target to $122 (maintaining neutral) and Barclays trimmed its target to $126 — these revisions amplify selling pressure amid the redemption headlines. JPMorgan Chase & Co. Lowers Blackstone Price Target to $122.00
• Negative Sentiment: Deal uncertainty: talks over a reported ~$4bn New World Development investment stalled on control issues, removing a potential near‑term strategic deployment and creating market uncertainty in Asia exposure. Blackstone’s $4 billion New World talks stall over control
• Negative Sentiment: Visible shareholder selling: an SEC filing shows Tactical Opportunity Blackstone sold ~1.6M shares, a noticeable block that can be read negatively by the market. SEC ownership filing

Insider Buying and Selling

In related news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the business’s stock in a transaction on Friday, February 27th. The shares were 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 is available through this hyperlink. Also, major shareholder Holdings Iv Gp Mana Blackstone acquired 1,146,789 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was purchased at an average cost of $26.16 per share, with a total value of $30,000,000.24. Following the transaction, the insider owned 16,716,249 shares in the company, valued at approximately $437,297,073.84. This trade represents a 7.37% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 1.00% of the company’s stock.

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.