Nordwand Advisors LLC Acquires New Position in BlackRock $BLK

Nordwand Advisors LLC acquired a new position in shares of BlackRock (NYSE:BLK) in the 3rd quarter, HoldingsChannel reports. The firm acquired 559 shares of the asset manager’s stock, valued at approximately $652,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Westerkirk Capital Inc. acquired a new position in shares of BlackRock in the 2nd quarter worth approximately $2,877,000. Police & Firemen s Retirement System of New Jersey raised its position in BlackRock by 7.9% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 23,167 shares of the asset manager’s stock valued at $24,308,000 after purchasing an additional 1,693 shares during the period. California Public Employees Retirement System lifted its stake in BlackRock by 8.2% during the second quarter. California Public Employees Retirement System now owns 256,937 shares of the asset manager’s stock worth $269,591,000 after purchasing an additional 19,404 shares in the last quarter. Investment Research & Advisory Group Inc. purchased a new position in shares of BlackRock during the third quarter worth $6,201,000. Finally, Liberty One Investment Management LLC grew its stake in shares of BlackRock by 29.3% in the third quarter. Liberty One Investment Management LLC now owns 6,748 shares of the asset manager’s stock valued at $7,867,000 after buying an additional 1,529 shares in the last quarter. 80.69% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at BlackRock

In related news, CFO Martin Small sold 1,258 shares of the stock in a transaction on Monday, December 1st. The stock was sold at an average price of $1,043.38, for a total value of $1,312,572.04. Following the transaction, the chief financial officer owned 6,209 shares of the company’s stock, valued at $6,478,346.42. This represents a 16.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 1.98% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on BLK. Loop Capital set a $1,255.00 target price on BlackRock in a research note on Tuesday, October 21st. The Goldman Sachs Group reissued a “buy” rating and set a $1,313.00 price target on shares of BlackRock in a research report on Tuesday, December 9th. Evercore ISI lowered their price objective on shares of BlackRock from $1,300.00 to $1,275.00 and set an “outperform” rating for the company in a research note on Monday, January 12th. JPMorgan Chase & Co. upped their target price on shares of BlackRock from $1,244.00 to $1,267.00 and gave the stock a “neutral” rating in a research note on Friday, January 9th. Finally, Cowen lowered shares of BlackRock from a “buy” rating to a “hold” rating in a report on Wednesday, January 14th. Fifteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, BlackRock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,314.71.

BlackRock Stock Up 0.7%

BLK stock opened at $1,164.72 on Tuesday. The company’s 50 day moving average price is $1,073.47 and its 200 day moving average price is $1,105.89. The firm has a market capitalization of $180.71 billion, a price-to-earnings ratio of 32.88, a PEG ratio of 1.68 and a beta of 1.47. BlackRock has a fifty-two week low of $773.74 and a fifty-two week high of $1,219.94. 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 (NYSE:BLK) last issued its quarterly earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $12.55 by $0.61. BlackRock had a net margin of 22.93% and a return on equity of 15.14%. The company had revenue of $7.01 billion during the quarter, compared to the consensus estimate of $6.80 billion. During the same quarter in the previous year, the firm earned $11.93 earnings per share. The firm’s quarterly revenue was up 23.4% on a year-over-year basis. On average, equities research analysts anticipate that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Friday, March 6th will be given a dividend of $5.73 per share. This is an increase from BlackRock’s previous quarterly dividend of $5.21. The ex-dividend date of this dividend is Friday, March 6th. This represents a $22.92 annualized dividend and a dividend yield of 2.0%. BlackRock’s dividend payout ratio is presently 58.84%.

More BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Jim Cramer gave an emphatic bullish endorsement for BlackRock on-air, which can drive short-term retail buying and sentiment momentum. Read More.
• Positive Sentiment: An analyst price target was raised to $1,550, signaling stronger sell‑side conviction after BlackRock’s latest beats and helping justify higher valuation multiples. Read More.
• Positive Sentiment: BlackRock reported record assets under management and revenue growth in recent results, backing durable fee income and EPS upside. This underpins the bullish analyst action and investor optimism. Read More.
• Positive Sentiment: Spot Bitcoin ETF flows remain strong and BlackRock’s iShares Bitcoin Trust (IBIT) led inflows in recent weeks, boosting fee revenue prospects and drawing institutional attention to BlackRock’s ETF franchise. Read More.
• Positive Sentiment: Media reports that prominent investors shifted into spot Bitcoin ETFs (benefitting IBIT) reinforce demand narratives for BlackRock’s ETFs and may attract more flows. Read More.
• Positive Sentiment: BlackRock CIO Rick Rieder is being reported as a finalist for the Federal Reserve chair role — a development that raises the firm’s profile and could be seen as positive for BlackRock’s industry influence. Read More.
• Neutral Sentiment: BlackRock Canada announced routine January cash distributions for iShares ETFs listed in Canada — expected, regular payouts that have limited market-moving impact. Read More.
• Neutral Sentiment: Orion Corporation disclosed BlackRock crossed a 5% ownership threshold — a standard regulatory filing reflecting position size, not an operational change. Read More.
• Negative Sentiment: The company’s strategic update mentioned job cuts alongside restructuring — a potential near-term cost but also a signal of execution risk and one-time charges that investors will watch. Read More.

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.