Greenleaf Trust Has $3.92 Million Stake in BlackRock $BLK

Greenleaf Trust reduced its stake in shares of BlackRock (NYSE:BLK) by 43.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,358 shares of the asset manager’s stock after selling 2,576 shares during the period. Greenleaf Trust’s holdings in BlackRock were worth $3,915,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Pacifica Partners Inc. raised its position in shares of BlackRock by 450.0% during the third quarter. Pacifica Partners Inc. now owns 22 shares of the asset manager’s stock worth $25,000 after acquiring an additional 18 shares during the last quarter. TruNorth Capital Management LLC raised its holdings in BlackRock by 1,000.0% during the 3rd quarter. TruNorth Capital Management LLC now owns 22 shares of the asset manager’s stock worth $26,000 after purchasing an additional 20 shares during the last quarter. Garde Capital Inc. raised its holdings in BlackRock by 200.0% during the 2nd quarter. Garde Capital Inc. now owns 27 shares of the asset manager’s stock worth $28,000 after purchasing an additional 18 shares during the last quarter. Traub Capital Management LLC acquired a new position in shares of BlackRock in the 2nd quarter worth approximately $28,000. Finally, Whipplewood Advisors LLC boosted its stake in shares of BlackRock by 107.1% in the 2nd quarter. Whipplewood Advisors LLC now owns 29 shares of the asset manager’s stock valued at $30,000 after purchasing an additional 15 shares during the last quarter. Institutional investors own 80.69% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Bank of America boosted their target price on shares of BlackRock from $1,456.00 to $1,464.00 in a report on Wednesday, December 10th. Loop Capital set a $1,255.00 price objective on BlackRock in a research report on Tuesday, October 21st. UBS Group started coverage on BlackRock in a research note on Thursday, December 11th. They issued a “neutral” rating and a $1,180.00 price objective on the stock. Argus raised their target price on BlackRock from $1,165.00 to $1,330.00 and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Finally, Barclays lowered their target price on BlackRock from $1,360.00 to $1,340.00 and set an “overweight” rating for the company in a report on Friday, December 12th. Seventeen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $1,316.18.

BlackRock Stock Up 3.2%

Shares of NYSE:BLK opened at $1,119.62 on Tuesday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 3.33 and a current ratio of 3.33. BlackRock has a 52-week low of $773.74 and a 52-week high of $1,219.94. The business’s 50 day simple moving average is $1,067.93 and its two-hundred day simple moving average is $1,100.24. The firm has a market cap of $173.71 billion, a P/E ratio of 28.79, a PEG ratio of 1.52 and a beta of 1.47.

BlackRock (NYSE:BLK) last issued its 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 return on equity of 14.80% and a net margin of 26.64%.The firm had revenue of $6.51 billion for the quarter, compared to analyst estimates of $6.22 billion. During the same period in the previous year, the company earned $11.46 earnings per share. BlackRock’s revenue for the quarter was up 25.2% compared to the same quarter last year. As a group, research analysts forecast that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Friday, December 5th were issued a dividend of $5.21 per share. The ex-dividend date was Friday, December 5th. This represents a $20.84 annualized dividend and a yield of 1.9%. BlackRock’s dividend payout ratio is presently 53.59%.

Insiders Place Their Bets

In related news, CFO Martin Small sold 1,258 shares of the company’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $1,043.38, for a total value of $1,312,572.04. Following the sale, the chief financial officer owned 6,209 shares in the company, valued at $6,478,346.42. This represents a 16.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Rachel Lord sold 12,000 shares of the firm’s stock in a transaction dated Monday, October 20th. The shares were sold at an average price of $1,165.04, for a total transaction of $13,980,480.00. Following the completion of the transaction, the director directly owned 7,205 shares in the company, valued at approximately $8,394,113.20. The trade was a 62.48% decrease in their position. The SEC filing for this sale provides additional information. 1.98% of the stock is currently owned by company insiders.

More BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Massive one-day inflows into bitcoin ETFs led by BlackRock’s IBIT — IBIT reported about $372M of inflows on Jan. 5, lifting its net assets and highlighting continued institutional demand for BlackRock’s crypto ETF, which supports AUM and fee revenue growth. Bitcoin ETFs Add $697M in One Day
• Positive Sentiment: Analyst pieces tie IBIT inflows to valuation support — coverage arguing that institutional flows into BlackRock’s bitcoin ETF improve earnings visibility and make BLK’s multiple easier to justify, reinforcing investor confidence. Assessing BlackRock Valuation
• Positive Sentiment: Broad crypto market rally helps ETF flows — crypto price strength and renewed risk appetite are drawing liquidity into bitcoin ETFs, a tailwind for BlackRock’s crypto product adoption and asset-gathering. Why Are Crypto Prices Rising?
• Positive Sentiment: BlackRock ETF leadership highlighting growth themes — comments from Jay Jacobs (U.S. head of equity ETFs) spotlight areas of ETF demand for 2026, underlining product innovation and distribution strength that can drive long-term AUM growth. Three key ETF themes to watch in 2026
• Positive Sentiment: BlackRock increases stake in OMV above 4% — the disclosed rise in voting rights signals active, sizeable positioning in a European energy company; could reflect opportunistic equity allocation from BlackRock’s investment portfolios and underscores its scale as an institutional investor. BlackRock Increases Stake in OMV
• Positive Sentiment: Emerging-markets ETF performance cited as a growth area — coverage highlighting strong returns from BlackRock’s EM dividend ETF (DVYE) ties into the firm’s broader ETF strategy and potential to capture flows outside AI-heavy U.S. equities. Emerging Markets ETF Spotlight
• Neutral Sentiment: Multiple BlackRock municipal funds declared small dividends — routine income distributions for closed-end and municipal products were announced; these are normal cash-management items and unlikely to move BLK’s share price materially. Muni fund dividend declarations

BlackRock Company Profile

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.