Blackstone Stock Plunges 5.47% Amid Tariff Fears, Sydney Project Exit

On April 4, 2025, Blackstone's stock experienced a significant drop of 5.47% in pre-market trading, reflecting a notable decline in investor sentiment.

Several institutional investors have adjusted their holdings in Blackstone Inc. (NYSE:BX). Kesler Norman & Wride LLC reduced its stake by 67.0% during the fourth quarter, while AllianceBernstein L.P. decreased its holdings by 1.2%. These moves suggest a shift in investment strategies, potentially influenced by broader market conditions.

Market volatility, exacerbated by new tariffs announced by the Trump administration, has led to declines in major indices such as the Dow and S&P 500. This broader market instability has likely contributed to the downward pressure on Blackstone's stock.

Additionally, Blackstone is exploring an exit from its A$1.8 billion Sydney project, which could impact its financial performance and investor confidence. The company's earnings potential remains a point of interest, with an Earnings ESP of +2%, indicating analysts' growing optimism about its near-term earnings.

However, the stock holds sell signals from both short and long-term moving averages, suggesting a more negative outlook. Potential investors in Blackstone's funds may face limited liquidity and large commitments to other funds, further complicating the investment landscape.