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flag Blackstone raised its dividend and reported strong earnings, while major investors increased their stakes.

flag Welch Group LLC increased its stake in Blackstone Inc. (BX) by 5.8% in the second quarter, holding 62,641 shares worth about $9.37 million. flag Pegasus Asset Management raised its position by 18.5%, owning 1,925 shares valued at $288,000. flag Blackstone reported $0.97 EPS and $2.49 billion in revenue for the quarter, with a 20.83% net margin and 20.47% return on equity. flag The company raised its quarterly dividend to $1.03, yielding 2.7% annually, though the payout ratio is 110.75%. flag Analysts rate BX as "Moderate Buy" with a $179.00 target. flag The stock trades at a P/E of 41.37 and has a 52-week range of $115.66 to $200.96.

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