Shum Financial Group Inc. Takes Position in BlackRock $BLK

Shum Financial Group Inc. acquired a new position in shares of BlackRock (NYSE:BLK) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,174 shares of the asset manager’s stock, valued at approximately $2,534,000. BlackRock accounts for approximately 1.9% of Shum Financial Group Inc.’s portfolio, making the stock its 17th largest position.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of BlackRock by 1.7% in the second quarter. Vanguard Group Inc. now owns 13,991,264 shares of the asset manager’s stock valued at $14,680,334,000 after purchasing an additional 227,192 shares during the period. Geode Capital Management LLC increased its holdings in BlackRock by 1.1% in the second quarter. Geode Capital Management LLC now owns 3,143,429 shares of the asset manager’s stock valued at $3,281,641,000 after buying an additional 34,049 shares in the last quarter. Norges Bank acquired a new stake in shares of BlackRock during the 2nd quarter valued at approximately $2,644,007,000. Franklin Resources Inc. grew its holdings in shares of BlackRock by 72.5% in the 2nd quarter. Franklin Resources Inc. now owns 2,005,358 shares of the asset manager’s stock worth $2,104,122,000 after acquiring an additional 842,901 shares during the period. Finally, Laurel Wealth Advisors LLC increased its stake in BlackRock by 105,267.4% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,705,899 shares of the asset manager’s stock valued at $1,789,915,000 after purchasing an additional 1,704,280 shares in the last quarter. Institutional investors and hedge funds own 80.69% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Argus boosted their target price on BlackRock from $1,165.00 to $1,330.00 and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Wall Street Zen raised BlackRock from a “sell” rating to a “hold” rating in a research report on Sunday. BNP Paribas Exane lifted their price target on shares of BlackRock from $1,160.00 to $1,265.00 and gave the company an “outperform” rating in a report on Thursday, October 9th. Morgan Stanley increased their target price on BlackRock from $1,486.00 to $1,514.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 17th. Finally, Bank of America upped their price target on BlackRock from $1,456.00 to $1,464.00 in a research note on Wednesday, December 10th. Seventeen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,316.18.

Insider Buying and Selling

In other BlackRock news, Director Rachel Lord sold 12,000 shares of the stock in a transaction on Monday, October 20th. The stock was sold at an average price of $1,165.04, for a total value of $13,980,480.00. Following the sale, the director directly owned 7,205 shares of the company’s stock, valued at $8,394,113.20. This trade represents a 62.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Martin Small sold 1,258 shares of BlackRock stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $1,043.38, for a total transaction of $1,312,572.04. Following the completion of the transaction, the chief financial officer owned 6,209 shares in the company, valued at approximately $6,478,346.42. This trade represents a 16.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.98% of the company’s stock.

Key Headlines Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock’s BUIDL tokenized Treasury has paid $100M in dividends — a milestone for its tokenization efforts that highlights a new revenue/earnings channel and the firm’s push into financial infrastructure innovation. BlackRock’s BUIDL becomes first tokenized Treasury to pay $100M in dividends
• Positive Sentiment: Reports note BlackRock has hit a record milestone in payouts — reinforces the firm’s strong cash-return profile and supports investor expectations for steady distributions from fee income and ETF flows. BlackRock hits record milestone in payouts
• Positive Sentiment: BlackRock increased its stake in OMV AG above the 4% voting-rights threshold — a strategic stake that could give BLK greater influence and potential engagement opportunities in European energy assets. Investors may view this as an active capital-allocation/engagement move. BlackRock Lifts OMV Stake Above 4% Voting Rights Threshold
• Positive Sentiment: Analysts maintain constructive views: BLK has an average analyst rating of “Moderate Buy” and multiple price targets above current levels — supportive for medium-term sentiment. BlackRock (NYSE:BLK) Given Average Rating of “Moderate Buy” by Analysts
• Neutral Sentiment: BlackRock set its Q4 2025 earnings release for Jan. 15, 2026 (pre-market) and will host management for the call — a scheduled event that could move the stock depending on outcomes but is routine. BlackRock to Report Fourth Quarter 2025 Earnings on January 15th
• Neutral Sentiment: BlackRock Canada announced final annual reinvested capital gains distributions (non‑cash) and separate final December cash distributions for many iShares ETFs — routine year‑end tax and cash-management items for Canadian-listed funds. These are operationally normal but can affect short-term flows in specific ETFs. BlackRock® Canada Announces Final Annual Reinvested Capital Gains Distributions for the iShares® ETFs
• Neutral Sentiment: Analytical pieces on BLK valuation / P/E provide context but add little immediate news — useful for longer-term investors assessing multiples versus peers. Price Over Earnings Overview: BlackRock
• Negative Sentiment: Reports that BlackRock moved large amounts of Bitcoin and Ethereum to Coinbase amid crypto‑ETF outflows signal liquidity management and persistent investor redemptions in crypto ETFs — a potential near‑term headwind for fee growth and sentiment around BLK’s crypto strategy. BlackRock Moves Bitcoin and Ethereum to Coinbase as Crypto ETF Outflows Grow

BlackRock Stock Performance

BlackRock stock opened at $1,082.95 on Wednesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.33 and a quick ratio of 3.33. The firm’s fifty day moving average price is $1,071.45 and its 200 day moving average price is $1,097.15. The company has a market capitalization of $168.02 billion, a price-to-earnings ratio of 27.85, a price-to-earnings-growth ratio of 1.72 and a beta of 1.47. BlackRock has a 12-month low of $773.74 and a 12-month high of $1,219.94.

BlackRock (NYSE:BLK) last issued its quarterly earnings results on Tuesday, October 14th. The asset manager reported $11.55 earnings per share for the quarter, missing analysts’ consensus estimates of $11.78 by ($0.23). BlackRock had a net margin of 26.64% and a return on equity of 14.80%. The firm had revenue of $6.51 billion during the quarter, compared to the consensus estimate of $6.22 billion. During the same quarter last year, the firm posted $11.46 earnings per share. BlackRock’s revenue was up 25.2% compared to the same quarter last year. On average, research analysts forecast that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Friday, December 5th were issued a $5.21 dividend. The ex-dividend date of this dividend was Friday, December 5th. This represents a $20.84 annualized dividend and a dividend yield of 1.9%. BlackRock’s dividend payout ratio (DPR) is 53.59%.

About BlackRock

BlackRock, Inc is a global investment management firm that provides a broad range of products and services to institutional, intermediary and individual investors. Its core activities include portfolio management across active and index strategies, exchange-traded funds (ETFs) under the iShares brand, fixed income, equity and multi-asset solutions, as well as alternatives such as private equity, real estate and infrastructure. The firm also offers cash management and liquidity solutions and retirement-focused products designed for defined contribution and defined benefit investors.

In addition to traditional investment management, BlackRock is known for its technology and risk management capabilities, most prominently its Aladdin platform, which combines portfolio management, trading and risk analytics and is used both internally and licensed to external clients.