Healthcare of Ontario Pension Plan Trust Fund Reduces $5M in Blackstone Inc. ($BX)

The Healthcare of Ontario Pension Plan Trust Fund has trimmed its position in Blackstone Inc. (NYSE: BX), reducing its holdings by 37,669 shares. According to its latest Form 13F filing with the SEC, the pension plan now holds 614,323 shares of Blackstone, valued at approximately $78.55 million as of the reporting period.

What Changed in Healthcare of Ontario Pension Plan's Blackstone Position

The pension fund reduced its stake in Blackstone by about 5.8%, decreasing its holdings from 651,992 shares to 614,323 shares. This move reflects a decrease of 37,669 shares, with the total stake valued at around $78.55 million.

Other Institutional Activity in Blackstone

In other institutional activity, BlackRock, Inc. increased its holdings in Blackstone by 1,273,962 shares, ending with a total of 52,702,690 shares worth about $6.06 billion. Vanguard Capital Management LLC maintained its position with 48,309,794 shares valued at approximately $5.56 billion. Morgan Stanley reduced its stake by 367,727 shares, holding 32,494,438 shares valued at $3.74 billion. Meanwhile, State Street Corp added 485,692 shares to hold 32,027,701 shares worth $3.68 billion. Charles Schwab Investment Management Inc significantly increased its position by 17,007,658 shares, reaching a total of 21,359,609 shares valued at $2.46 billion.

Blackstone Stock Snapshot

Shares of Blackstone Inc. (NYSE: BX) recently traded at $127.87. The company has a market capitalization of $156.29 billion, with a P/E ratio of 32.79 and a forward P/E of 16.97. Blackstone's stock has experienced a 52-week low of $101.73 and a high of $190.09. The firm's 50-day moving average is $120.86, and its 200-day moving average is $139.78. Blackstone also has a beta of 1.585, indicating higher volatility compared to the market.

Recent Earnings

Blackstone reported revenue of $14.40 billion, with a revenue growth rate of 5.7%. The company's net margin stands at 21.21%, and its return on equity is 29.53%. Blackstone's earnings per share (EPS) is $3.90. The company is expected to announce its next earnings on July 23, 2026.

Dividend

Blackstone offers an annual dividend rate of $4.97, yielding 3.89%. The dividend payout ratio is 121.54%, indicating the company pays more in dividends than it earns, which is common in the asset management industry.

Insider Buying and Selling at Blackstone Inc.

Insider activity at Blackstone included Ruth Porat purchasing 440 shares on May 11, 2026, at an average price of $122.99. Vikrant Sawhney, the Chief Administrative Officer, sold 30,014 shares on May 1, 2026, at an average price of $125.79. Earlier, on April 1, 2026, Joseph Baratta and Vikrant Sawhney acquired 124,626 and 129,077 shares, respectively.

Analysts Set New Price Targets

On May 18, 2026, TD Cowen maintained its buy rating on Blackstone with a price target of $133. Piper Sandler maintained a hold rating with a target of $130 on April 27, 2026. JP Morgan also maintained a hold rating with a target of $136 on April 24, 2026. Analysts generally recommend buying the stock, with a consensus price target of $143.45 based on 20 opinions.

About Blackstone Inc.

Blackstone Inc. is a leading asset management firm based in New York, specializing in private equity, real estate, and hedge fund solutions. Founded in 1985, the company operates globally, investing in various stages of company growth and offering a range of financial services. Led by CEO Stephen Schwarzman, Blackstone employs over 5,200 people worldwide.

Bottom Line

The Healthcare of Ontario Pension Plan's decision to trim its stake in Blackstone is a notable move in the asset management sector. Investors often track such filings to gauge institutional sentiment, though it's important to remember that 13F filings are backward-looking and may not reflect current positions. Blackstone remains a significant player in the financial services industry with a strong market position.