Blackstone Inc (NYSE: BX) is -18.27% lower on its value in year-to-date trading and has touched a low of $114.94 and a high of $200.28 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BX stock was last observed hovering at around $137.76 in the last trading session, with the day’s gains setting it 2.69%.
Currently trading at $140.45, the stock is -0.71% and 3.03% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.68 million and changing 1.95% at the moment leaves the stock -10.63% off its SMA200. BX registered 19.03% gain for a year compared to 6-month loss of -24.30%. The firm has a 50-day simple moving average (SMA 50) of $136.3182 and a 200-day simple moving average (SMA200) of $157.585.
The stock witnessed a 3.17% gain in the last 1 month and extending the period to 3 months gives it a -3.24%, and is 1.22% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.15% over the week and 2.06% over the month.
Blackstone Inc (BX) has around 4895 employees, a market worth around $170.40B and $12.63B in sales. Current P/E ratio is 42.49 and Fwd P/E is 21.96. Profit margin for the company is 20.14%. Distance from 52-week low is 22.20% and -29.87% from its 52-week high. The company has generated returns on investments over the last 12 months (12.17%).
The EPS is expected to grow by 3.90% this year.
Blackstone Inc (BX) Top Institutional Holders
2594.0 institutions hold shares in Blackstone Inc (BX), with institutional investors hold 71.93% of the company’s shares. The shares outstanding are 737.93M, and float is at 721.86M with Short Float at 1.82%. Institutions hold 71.22% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 65.14 million shares valued at $8.06 billion. The investor’s holdings represent 8.4688% of the BX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 47.26 million shares valued at $5.85 billion to account for 6.1445 of the shares outstanding. The other top investors are CAPITAL WORLD INVESTORS which holds 37.15 million shares representing 4.8304% and valued at over $4.6 billion, while STATE STREET CORP holds 3.8575 of the shares totaling 29.67 million with a market value of $3.67 billion.
Blackstone Inc (BX) Insider Activity
The most recent transaction is an insider sale by Blackstone Holdings IV L.P., the company’s 10% Owner. SEC filings show that Blackstone Holdings IV L.P. sold 1,557,994 shares of the company’s common stock on May 16 ’25 at a price of $80.91 per share for a total of $126.05 million. Following the sale, the insider now owns 0.18 million shares.
Blackstone Inc disclosed in a document filed with the SEC on May 19 ’25 that Blackstone Holdings IV L.P. (10% Owner) sold a total of 234,563 shares of the company’s common stock. The trade occurred on May 19 ’25 and was made at $80.91 per share for $18.98 million. Following the transaction, the insider now directly holds 0.17 million shares of the BX stock.
Still, SEC filings show that on May 08 ’25, Finley John G (Chief Legal Officer) disposed off 25,000 shares at an average price of $138.47 for $3.46 million. The insider now directly holds 475,336 shares of Blackstone Inc (BX).
