Van Eck Associates Adds $206M in Blackstone Inc. ($BX)

The fund's position in Blackstone grew by over 1.6 million shares, now totaling 1.77 million.

Key Points

  • Van Eck Associates boosted its stake in Blackstone Inc. by 1,608,868 shares, reaching 1,765,375 shares valued at $225.7 million.
  • Blackstone's stock, trading at $127.87, has a market cap of $156.3 billion and a forward P/E of 17.0.
  • Peers like BlackRock and Vanguard also hold large positions in Blackstone, with BlackRock adding 1,273,962 shares.

Van Eck Associates has made a notable increase in its investment in Blackstone Inc. (NYSE:BX), as reflected in its latest 13F filing with the SEC. The fund added 1,608,868 shares, boosting its total holdings to 1,765,375 shares. This represents a significant increase of over 1,000%, with the position now valued at approximately $225.7 million as of the reporting period.

What Changed in Van Eck Associates' Blackstone Position

Van Eck Associates dramatically increased its stake in Blackstone Inc. from 156,507 shares to 1,765,375 shares, a change of 1,608,868 shares. This move reflects a substantial 1,028% increase in the fund's holdings, indicating a strong confidence in Blackstone's future prospects. The current value of the investment stands at about $225.7 million.

Other Institutional Activity in Blackstone

Other major funds have also been active with their Blackstone positions. BlackRock, Inc. increased its holdings by 1,273,962 shares, bringing its total to 52,702,690 shares valued at approximately $6.06 billion. Vanguard Capital Management LLC maintained its position with 48,309,794 shares, valued at $5.55 billion. Meanwhile, Morgan Stanley trimmed its stake by 367,727 shares, ending with 32,494,438 shares worth about $3.74 billion. State Street Corp added 485,692 shares, totaling 32,027,701 shares valued at $3.68 billion.

Blackstone Inc. Stock Snapshot

Shares of NYSE:BX are trading around $127.87. Blackstone Inc. boasts a market capitalization of $156.3 billion and a forward P/E ratio of 17.0, indicating investor expectations for future earnings growth. The stock's beta of 1.585 suggests higher volatility compared to the overall market. Over the past year, Blackstone's stock has ranged from a low of $101.73 to a high of $190.09, with current moving averages at $120.86 (50-day) and $139.78 (200-day).

Recent Earnings

In its latest earnings report, Blackstone Inc. posted revenues of $14.4 billion, reflecting a growth rate of 5.7%. The company achieved a net margin of 21.2% and a return on equity of 29.5%. With an earnings per share (EPS) of $3.90, Blackstone continues to demonstrate strong financial performance. The next earnings release is scheduled for July 23, 2026.

Dividend

Blackstone Inc. offers an attractive dividend, with an annual rate of $4.97 per share, yielding 3.89%. The payout ratio stands at 121.54%, indicating the company returns a significant portion of earnings to shareholders.

Insider Buying and Selling at Blackstone Inc.

Several insider transactions have occurred at Blackstone recently. On May 11, 2026, Ruth Porat purchased 440 shares at an average price of $122.99. Chief Administrative Officer Vikrant Sawhney sold 30,014 shares at $125.79 on May 1, 2026, while also acquiring 129,077 shares on April 1, 2026. Joseph Baratta bought 124,626 shares on the same day.

Analysts Set New Price Targets

Analysts have maintained their ratings on Blackstone Inc., with TD Cowen reaffirming a 'buy' rating and setting a price target of $133 on May 18, 2026. Piper Sandler and JP Morgan both maintained 'hold' ratings with targets of $130 and $136, respectively. The consensus among analysts remains positive, with a mean target price of $143.45 based on 20 opinions.

About Blackstone Inc.

Blackstone Inc. is a leading alternative asset management firm headquartered in New York City. It specializes in private equity, real estate, hedge fund solutions, and credit. The company manages a diverse range of investment strategies and operates globally, with a strong presence in North America, Europe, and Asia. Led by CEO Stephen A. Schwarzman, Blackstone employs over 5,000 people and continues to expand its influence in the financial services sector.

Bottom Line

The significant increase in Van Eck Associates' holdings in Blackstone Inc. underscores the fund's confidence in the company's prospects. Blackstone's robust market position and consistent financial performance make it a key player in the asset management industry. Investors often look to 13F filings to gauge institutional sentiment, though these reports reflect past positions and may not indicate current or future strategies.

See Also

This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.