Gridiron Partners LLC drastically reduced its stake in Blackstone Inc. by 97.6% during Q4, selling 180,291 shares and retaining only 4,454 shares valued at $687,000. Meanwhile, major institutional investors like Vanguard, State Street, and Northern Trust increased their holdings in Blackstone, signaling continued confidence. Blackstone recently reported strong earnings beating estimates and raised its dividend, though some analysts have lowered price targets. The mixed moves by investors highlight differing views on Blackstone's future amid its solid financial performance and market conditions.
Anthropic has launched Ode, a $1.5 billion AI implementation company formed through a joint venture with Blackstone, Hellman & Friedman, Goldman Sachs, and others. Ode builds on the acquisition of Fractional AI, focusing on deploying elite AI enginee...
Williams Companies secured a $5.34 billion investment from Blackstone for AI-driven Power Innovation projects, reducing its capital needs while retaining 51% ownership. CIBC adjusted its price target to $83, suggesting potential stock price upside fr...
Blackstone Inc. is viewed as a high-quality asset manager trading at a discounted valuation with a 3.8% dividend yield. The company benefits from favorable industry trends like rising inflation, global wealth growth, demographic changes, and AI infra...
