Blackstone shares slide as private-credit worries resurface despite fresh fundraising headline

Blackstone Inc. (BX) is down 5.6% today. Here is some analysis on what might have caused this price movement.

Analysis: The drop looks tied to renewed risk-off sentiment toward the private-credit and alternative-asset-manager complex, with investors reacting to fresh credit-quality and outlook concerns around affiliated vehicles. This appears to have outweighed a separate, positive fundraising announcement from the firm.

Details:

A ratings agency revised its outlook to negative on Blackstone Secured Lending Fund (BXSL) and Golub Capital BDC, a read-through that can pressure the broader private-credit space and, by extension, large alternative managers’ stocks.

BXSL disclosed that non-accrual investments rose to 2.3% of total investments from 1.3% at year-end 2025, highlighting incremental stress in parts of the direct-lending portfolio.

Blackstone announced the final close of Blackstone Capital Partners Asia III (BCP Asia III) at $13.1 billion, exceeding its target and marking its largest private equity fundraise in Asia.

Separate public reports earlier this year flagged elevated withdrawal activity at Blackstone’s flagship private credit fund, keeping liquidity and valuation questions front-of-mind for equity investors.

Sources:

Blackstone, Benzinga, MarketScreener

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 8 times in the past 6 months. Of those trades, 6 have been purchases and 2 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 2 sales selling 30,014 shares for an estimated $3,775,565.
RUTH PORAT has made 6 purchases buying 963 shares for an estimated $122,527 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.

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$BX Hedge Fund Activity

We have seen 1,080 institutional investors add shares of $BX stock to their portfolio, and 1,200 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CHARLES SCHWAB INVESTMENT MANAGEMENT INC added 17,007,658 shares (+390.8%) to their portfolio in Q1 2026, for an estimated $1,919,909,473
CAPITAL RESEARCH GLOBAL INVESTORS added 8,359,119 shares (+131.0%) to their portfolio in Q1 2026, for an estimated $943,619,148
JPMORGAN CHASE & CO removed 4,945,060 shares (-19.9%) from their portfolio in Q4 2025, for an estimated $762,231,548
CAPITAL WORLD INVESTORS removed 4,631,513 shares (-40.1%) from their portfolio in Q1 2026, for an estimated $522,828,345
FMR LLC removed 3,889,929 shares (-74.4%) from their portfolio in Q1 2026, for an estimated $439,114,635
ROYAL BANK OF CANADA removed 3,596,931 shares (-43.4%) from their portfolio in Q1 2026, for an estimated $406,039,555
EDGEWOOD MANAGEMENT LLC removed 3,239,119 shares (-56.3%) from their portfolio in Q1 2026, for an estimated $365,647,948

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 3 times in the past 6 months. Of those trades, 1 have been purchases and 2 have been sales.

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

SENATOR ANGUS S. KING JR. sold up to $15,000 on 02/13.
REPRESENTATIVE JULIE JOHNSON sold up to $15,000 on 12/18.
REPRESENTATIVE DAN NEWHOUSE purchased up to $15,000 on 12/11.

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 Analyst Ratings

Wall Street analysts have issued reports on $BX in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Citizens issued a "Market Outperform" rating on 01/30/2026

To track analyst ratings and price targets for $BX, check out Quiver Quantitative's $BX forecast page.

$BX Price Targets

Multiple analysts have issued price targets for $BX recently. We have seen 14 analysts offer price targets for $BX in the last 6 months, with a median target of $143.5.

Here are some recent targets:

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
Devin Ryan from Citizens set a target price of $190.0 on 04/22/2026
Glenn Schorr from Evercore ISI Group set a target price of $150.0 on 04/21/2026
Michael Cyprys from Morgan Stanley set a target price of $184.0 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.