Blackstone Inc. (BX) fell by 10.60% year-to-date as of January 1, 2026, even as institutional interest remained active. The latest Securities and Exchange Commission (SEC) filing shows that Ascent Group LLC increased its stake in Blackstone Inc. during the third quarter. The firm purchased an additional 7,291 shares in the third quarter to increase its stake by 58.4%. Ascent Group currently owns 19,999 shares of Blackstone Inc., the world’s largest alternative asset manager.
Blackstone Inc.(BX) Drops 10.60% YTD
Blackstone Inc. (BX) dropped by 10.60% year-to-date as of January 1, 2026. Blackstone stock closed at $154.14, shedding 0.64 points or 0.41% yesterday. The analysts’ consensus rating for the stock is moderate buy. Deutsche Bank upgraded the rating to ‘Buy’ with an upside potential of 20.01% on December 17, 2025. Goldman Sachs raised its price target from $173.00 to $174.00, ‘Neutral’ with +14.23% upside potential on October 24, 2025.
Blackstone stock has experienced elevated volatility, with the stock price dipping by 18.93% in the first quarter. Blackstone staged a rebound with a peak gain of 14.22% in the third quarter. Despite an impressive Q3 earnings report, the stock faced a 9.78% correction in the last quarter.
Blackstone Quarterly Performance (2025)
| Date | Open | High | Low | Close | Adj. Close | Change | Volume |
|---|---|---|---|---|---|---|---|
| Q4 2025 | 169.36 | 170.45 | 135.44 | 154.14 | 154.14 | -9.78% | 259,235,069 |
| Q3 2025 | 148.94 | 190.09 | 148.58 | 170.85 | 169.35 | 14.22% | 239,879,587 |
| Q2 2025 | 140.12 | 152.67 | 115.66 | 149.58 | 147.37 | 7.01% | 295,836,837 |
| Q1 2025 | 173.12 | 188.85 | 133.23 | 139.78 | 136.75 | -18.93% | 234,987,109 |
The company reported a third-quarter 2025 earnings per share (EPS) of approximately $1.52. The earnings beat analysts’ expectations. The firm’s total assets under management (AUM) rose to a record $1.24 trillion. The firm has more than 12,500 real estate assets and over 250 portfolio companies under its management.
Commenting on the earnings report, Stephen A. Schwarzman, Chairman and Chief Executive Officer, said that Blackstone had reported an exceptional third quarter, marked by strong financial performance and solid fund-raising momentum across its three main channels—institutions, insurance, and individual investors.
He noted that inflows totaled $54 billion during the quarter and $225 billion over the past twelve months. Schwarzman added that the firm’s leading platforms in key growth areas, including digital and energy infrastructure, were supporting investment performance for clients and positioning Blackstone well for future growth.
Blackstone also entered into an agreement with TPG to acquire medical technology company Hologic Inc. back in October. Hologic, Inc. focuses on developing technologies related to women’s health.
The deal is valued at up to $79 per share, taking the company private. The deal is expected to close in the first half of 2026, subject to regulatory approval.
Blackstone’s competitors, Apollo Global Management Inc. (APO) stock and KKR & Co. Inc. (KKR), posted a year-to-date loss of 11.12% and 13.81%, respectively. While BlackRock, Inc. (BLK), the world’s largest asset management firm focusing on traditional assets, posted 4.41% gain YTD.
