Blackstone Slides as Rising Yields Weigh on Alternative Asset Managers

Blackstone Inc. (BX) is down 3.8% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be a broader risk-off move tied to rising Treasury yields and higher oil prices rather than a fresh company-specific setback. No obvious negative Blackstone filing or press release surfaced today, so this could be because investors rotated away from rate-sensitive financial and alternative asset management stocks.

Details:

U.S. stocks opened September under pressure as bond yields climbed to their highest levels in months and oil prices rose, a backdrop that generally hurts appetite for financial and valuation-sensitive shares.

Blackstone’s public press page shows its most recent corporate update was an August 26 announcement about an upcoming conference appearance, not a negative operating update.

Blackstone’s July 23 second-quarter materials showed strong underlying business trends, including nearly $70 billion of quarterly inflows, fee-earning assets under management of $961.6 billion, and a quarterly dividend of $1.29 per share.

When yields rise quickly, investors often mark down alternative managers because higher financing costs can pressure deal activity, asset values, and the relative appeal of fee-based financial stocks.

Sources:

Associated Press, Blackstone, SEC

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$BX Insider Trading Activity

$BX insiders have traded $BX stock on the open market 13 times in the past 6 months. Of those trades, 6 have been purchases and 7 have been sales.

Here’s a breakdown of recent trading of $BX stock by insiders over the last 6 months:

VIKRANT SAWHNEY (Chief Administrative Officer) has made 0 purchases and 4 sales selling 60,014 shares for an estimated $7,842,052.
JOHN G FINLEY (Chief Legal Officer) has made 0 purchases and 2 sales selling 45,000 shares for an estimated $6,620,110.
DAVID PAYNE (Chief Accounting Officer) sold 9,500 shares for an estimated $1,379,685
RUTH PORAT has made 6 purchases buying 893 shares for an estimated $116,418 and 0 sales.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$BX Hedge Fund Activity

We have seen 1,126 institutional investors add shares of $BX stock to their portfolio, and 1,129 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 23,500,355 shares (+inf%) to their portfolio in Q2 2026, for an estimated $2,765,286,772
JPMORGAN CHASE & CO added 19,156,246 shares (+inf%) to their portfolio in Q2 2026, for an estimated $2,254,115,466
CLEARBRIDGE INVESTMENTS, LLC added 2,855,787 shares (+93.4%) to their portfolio in Q2 2026, for an estimated $336,040,456
MORGAN STANLEY added 2,347,894 shares (+7.2%) to their portfolio in Q2 2026, for an estimated $276,276,686
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added 2,140,746 shares (+10.0%) to their portfolio in Q2 2026, for an estimated $251,901,581
SURGOCAP PARTNERS LP removed 2,074,093 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $234,133,988
D. E. SHAW & CO., INC. added 1,689,284 shares (+5366.0%) to their portfolio in Q2 2026, for an estimated $198,778,048

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$BX Congressional Stock Trading

Members of Congress have traded $BX stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $BX stock by members of Congress over the last 6 months:

SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$BX Price Targets

Multiple analysts have issued price targets for $BX recently. We have seen 11 analysts offer price targets for $BX in the last 6 months, with a median target of $136.0.

Here are some recent targets:

Devin Ryan from Citizens set a target price of $165.0 on 07/09/2026
Benjamin Budish from Barclays set a target price of $119.0 on 07/09/2026
Bill Katz from TD Cowen set a target price of $133.0 on 05/18/2026
Crispin Love from Piper Sandler set a target price of $130.0 on 04/27/2026
Christopher Kotowski from Oppenheimer set a target price of $156.0 on 04/24/2026
Kenneth Worthington from JP Morgan set a target price of $136.0 on 04/24/2026
Glenn Schorr from Evercore ISI Group set a target price of $150.0 on 04/21/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.