Blackstone Inc. $BX Holdings Raised by Robertson Stephens Wealth Management LLC

Robertson Stephens Wealth Management LLC grew its stake in Blackstone Inc. (NYSE:BX) by 9.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 77,620 shares of the asset manager’s stock after acquiring an additional 6,383 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in Blackstone were worth $8,700,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Wellington Altus USA Inc. acquired a new stake in shares of Blackstone in the second quarter valued at approximately $26,000. Addison Advisors LLC bought a new position in Blackstone in the 2nd quarter worth approximately $30,000. NBH Bank acquired a new position in Blackstone during the 2nd quarter worth $30,000. Bell Investment Advisors Inc acquired a new position in Blackstone during the 2nd quarter worth $30,000. Finally, West Branch Capital LLC boosted its position in Blackstone by 26,600.0% in the 2nd quarter. West Branch Capital LLC now owns 267 shares of the asset manager’s stock valued at $31,000 after buying an additional 266 shares during the last quarter. 70.00% of the stock is currently owned by institutional investors and hedge funds.

More Blackstone News

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone funds are reportedly set to exit ZO Skin Health through a $1.5 billion sale to Galderma. The transaction could provide a meaningful realization for Blackstone and demonstrate progress monetizing portfolio investments. Blackstone funds set to exit ZO Skin Health in $1.5 billion Galderma deal
• Neutral Sentiment: Director Joseph Baratta plans to resign from Blackstone’s board at the end of 2026, resulting in a planned board reduction. The announcement does not indicate an operational change but may draw some investor attention because of Baratta’s senior role at the firm. Joseph Baratta to resign from Blackstone board at year-end
• Neutral Sentiment: Blackstone is scheduled to report third-quarter 2026 results on Oct. 22 before the market opens. Investors will focus on assets under management, fundraising, capital deployment, realizations and the effect of market volatility on performance fees. Blackstone’s Q3 Earnings on the Deck: What’s in Store for BX?
• Negative Sentiment: Analysts expect third-quarter earnings to decline despite growth in assets under management. Higher expenses, muted deal exits and weaker revenue could reduce the likelihood of an earnings beat, making the upcoming report a near-term risk for BX. Earnings Preview: Blackstone Inc. Q3 Earnings Expected to Decline
• Negative Sentiment: Blackstone’s fair-value assessment edged lower as analysts weighed softer realizations, while UBS Group also cut its price target. These revisions suggest concerns that slower exits and monetization could pressure near-term returns. Blackstone Stock Fair Value Edges Lower
• Negative Sentiment: Options activity was unusually elevated, with traders purchasing 22,725 BX put contracts, approximately 20% above typical put volume. While this is not definitive evidence of future performance, it reflects increased demand for downside protection or bearish exposure.

Analyst Upgrades and Downgrades

Several research firms have recently commented on BX. Argus lifted their target price on Blackstone from $146.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Wells Fargo & Company assumed coverage on Blackstone in a report on Friday, October 2nd. They set an “equal weight” rating and a $122.00 price objective for the company. The Goldman Sachs Group upped their target price on shares of Blackstone from $114.00 to $127.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. JPMorgan Chase & Co. reduced their target price on shares of Blackstone from $136.00 to $132.00 and set a “neutral” rating on the stock in a research note on Thursday, July 16th. Finally, Citizens Jmp lowered their price target on shares of Blackstone from $190.00 to $165.00 and set a “market outperform” rating for the company in a research report on Thursday, July 9th. Thirteen equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat.com, Blackstone has a consensus rating of “Moderate Buy” and a consensus price target of $143.70.

Blackstone Stock Performance

BX stock opened at $106.47 on Friday. The business’s fifty day moving average is $128.21 and its 200-day moving average is $124.13. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.63. The company has a market cap of $79.92 billion, a P/E ratio of 23.82, a price-to-earnings-growth ratio of 1.28 and a beta of 1.59. Blackstone Inc. has a twelve month low of $101.73 and a twelve month high of $165.14.

Blackstone (NYSE:BX) last posted its quarterly earnings results on Thursday, July 23rd. The asset manager reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.18. Blackstone had a return on equity of 23.77% and a net margin of 21.84%. The business had revenue of $5.04 billion for the quarter, compared to analyst estimates of $3.42 billion. During the same period last year, the company earned $0.98 EPS. The firm’s revenue was up 35.9% on a year-over-year basis. Equities research analysts forecast that Blackstone Inc. will post 5.91 EPS for the current year.

Blackstone Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Monday, August 3rd were issued a dividend of $1.29 per share. This is an increase from Blackstone’s previous quarterly dividend of $1.16. The ex-dividend date was Monday, August 3rd. This represents a $5.16 annualized dividend and a yield of 4.8%. Blackstone’s dividend payout ratio is 115.44%.

Insider Transactions at Blackstone

In other news, major shareholder Bx Buzz Ml-1 Gp Llc sold 3,767,776 shares of the stock in a transaction on Monday, September 28th. The shares were sold at an average price of $2.94, for a total transaction of $11,077,261.44. Following the completion of the sale, the insider owned 16,120 shares of the company’s stock, valued at $47,392.80. This represents a 99.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Private Multi-Asset Blackstone acquired 573,614 shares of the company’s stock in a transaction that occurred on Thursday, July 23rd. The shares were bought at an average price of $26.15 per share, for a total transaction of $15,000,006.10. Following the completion of the acquisition, the insider owned 8,455,758 shares of the company’s stock, valued at $221,118,071.70. This trade represents a 7.28% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have purchased 1,038,406 shares of company stock valued at $27,205,951 and have sold 4,077,276 shares valued at $37,573,644. Corporate insiders own 1.00% of the company’s stock.

Blackstone Company Profile

Blackstone Inc (NYSE:BX) is a global alternative asset management firm that provides investment and advisory services to institutional investors, companies, and qualified individual investors. The company manages capital across private equity, real estate, credit and insurance, infrastructure, hedge fund solutions, secondaries, and growth-oriented investments.

Blackstone invests in and manages portfolios of businesses, properties, infrastructure assets, and credit instruments across a range of industries.