Blackstone Inc. (NYSE: BX) traded at $179.42 midday Thursday, up 4.34%, after reporting a stellar second quarter that exceeded Wall Street’s expectations.
The alternative asset manager posted a 22% year-over-year increase in segment revenues to $3.075 billion, outpacing the consensus estimate of $2.778 billion. The results were fueled by higher earnings from multiple business segments, including private equity and real estate.
Distributable earnings rose 25% year-over-year to $1.57 billion, with earnings per share of $1.21, beating the $1.08 forecast. Fee-related earnings jumped 31% to $1.46 billion, with particularly sharp gains in the Private Equity segment (+87%), Multi-Asset Investing (+16%), and Credit & Insurance (+12%).
The firm’s total assets under management (AUM) climbed 13% to a record-breaking $1.21 trillion. Inflows during the quarter reached $52.1 billion. CEO Stephen A. Schwarzman credited the growth to broad demand across private wealth, infrastructure, and credit markets. He emphasized that this marked the highest level of fund appreciation in nearly four years.
Fee-related performance revenues soared 167% to $472.1 million. Notably, private equity-related earnings grew to $519.4 million, while real estate delivered $543.6 million in fee-related income, up 13% from the prior year.
Blackstone announced a quarterly dividend of $1.03 per share, a $0.10 increase from the prior payout. The dividend is payable on August 11 to shareholders on record as of August 4. The company also repurchased 0.2 million shares during the quarter, with $1.8 billion in authorization remaining as of June 30, 2025.
With $10.6 billion in total cash and equivalents on hand, Blackstone maintains a strong balance sheet, supporting both its capital returns and growth investments.
Blackstone has delivered impressive long-term returns. As of July 24, 2025, its 1-year return stands at 33.86%, more than double the S&P 500’s 17.46%. Over three years, BX has returned 105.20% compared to the benchmark’s 60.92%. The five-year return is particularly notable, with Blackstone gaining 283.33% versus the S&P 500’s 98.25%. Year-to-date, the stock is up 5.69%, slightly underperforming the broader market’s 8.39% return.
Blackstone’s second-quarter results reflect its growing influence in alternative investments. From surging AUM to higher fees and rising dividends, the firm has positioned itself for sustained performance. Strong demand across asset classes and effective execution highlight its expanding earnings power as it continues to outperform industry benchmarks.
The post Blackstone Inc. ($BX) Stock: Breaks Industry Record With $1.2 Trillion in Assets Under Management and Strong Q2 Results appeared first on CoinCentral.
