Wellington Shields Capital Management LLC reduced its stake in Blackstone Inc. by 5.1% in the third quarter of 2025, selling 8,014 shares and retaining 147,953 shares valued at $25.278 million. Despite this reduction, Blackstone remains the firm’s fourth largest holding, comprising 3.8% of its investment portfolio. Meanwhile, Blackstone itself saw significant insider buying, with Holdings IV GP Mana Blackstone purchasing 385,208 shares for approximately $10 million, and the company recently increased its quarterly dividend to $1.49, reflecting strong financial performance with Q3 earnings beating expectations.
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Wellington Shields Capital Management LLC Sells 8,014 Shares of Blackstone Inc. $BX
Wellington Shields Capital Management LLC reduced its stake in Blackstone Inc. by 5.1% in the third quarter of 2025, selling 8,014 shares and retaining 147,953 shares valued at $25.278 million. Despite this reduction, Blackstone remains the firm’s fourth largest holding, comprising 3.8% of its investment portfolio. Meanwhile, Blackstone itself saw significant insider buying, with Holdings IV GP Mana Blackstone purchasing 385,208 shares for approximately $10 million, and the company recently increased its quarterly dividend to $1.49, reflecting strong financial performance with Q3 earnings beating expectations.