MONECO Advisors LLC Grows Stake in BlackRock $BLK

MONECO Advisors LLC boosted its holdings in BlackRock (NYSE:BLK) by 487.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,751 shares of the asset manager’s stock after purchasing an additional 1,453 shares during the quarter. MONECO Advisors LLC’s holdings in BlackRock were worth $2,042,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Westerkirk Capital Inc. acquired a new position in shares of BlackRock in the 2nd quarter valued at approximately $2,877,000. Police & Firemen s Retirement System of New Jersey increased its stake in BlackRock by 7.9% during 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 last quarter. Investment Research & Advisory Group Inc. acquired a new stake in BlackRock during the third quarter worth about $6,201,000. Lingohr Asset Management GmbH bought a new stake in BlackRock in the third quarter valued at $700,000. Finally, California Public Employees Retirement System lifted its position in BlackRock by 8.2% in the 2nd quarter. California Public Employees Retirement System now owns 256,937 shares of the asset manager’s stock valued at $269,591,000 after purchasing an additional 19,404 shares during the last quarter. Institutional investors and hedge funds own 80.69% of the company’s stock.

More BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock’s fixed‑income CIO Rick Rieder said emerging markets look “very attractive” as AI reshapes markets — comments that signal potential portfolio shifts and product marketing that could boost EM flows. Read More.
• Positive Sentiment: BlackRock increased an active stake in Archer Aviation (~8.1%), showing the firm is deploying capital into growth/innovative sectors — a move that highlights BlackRock’s trading and strategic investment activity beyond passive ETF management. Read More.
• Positive Sentiment: Product demand: coverage highlights demand for BlackRock fixed‑income/iShares ETFs that offer 4%+ income and growing interest in tokenized real‑world asset (RWA) products — both support fee revenue diversification. Read More.
• Positive Sentiment: RWA flows: Ondo Finance moved capital into BlackRock’s BUIDL fund, underscoring institutional appetite for tokenized treasury/RWA products that can expand BlackRock’s product suite and AUM. Read More.
• Neutral Sentiment: BlackRock notified BAWAG Group that it raised its stake above 5.8% — a passive/strategic holding that may matter for BAWAG but is unlikely to move BLK’s broad revenue picture materially. Read More.
• Negative Sentiment: IBIT experienced record daily trading ($10B) during a severe Bitcoin selloff; the ETF fell double digits on the day — extreme volatility drives trading but also price losses and short‑term outflows that can pressure fee income and sentiment around crypto products. Read More.
• Negative Sentiment: Wider crypto stress: reports show historic Bitcoin drawdown, elevated implied vol, forced liquidations and multi‑fund outflows (~$545M across U.S. spot Bitcoin ETFs), which may weigh on flows into BlackRock’s crypto product suite in the near term. Read More.

Wall Street Analysts Forecast Growth

BLK has been the topic of several recent analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of BlackRock in a research note on Monday, December 29th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $1,313.00 price target on shares of BlackRock in a research note on Tuesday, December 9th. Deutsche Bank Aktiengesellschaft raised their price target on shares of BlackRock from $1,296.00 to $1,380.00 in a report on Thursday, January 15th. JPMorgan Chase & Co. raised their price objective on BlackRock from $1,244.00 to $1,267.00 and gave the company a “neutral” rating in a research note on Friday, January 9th. Finally, Keefe, Bruyette & Woods boosted their target price on shares of BlackRock from $1,310.00 to $1,340.00 and gave the stock an “outperform” rating in a research report on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,311.11.

Insider Transactions at BlackRock

In other BlackRock news, CFO Martin Small sold 27,047 shares of the company’s stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $1,171.14, for a total transaction of $31,675,823.58. Following the sale, the chief financial officer directly owned 10,557 shares of the company’s stock, valued at approximately $12,363,724.98. This represents a 71.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director J. Richard Kushel sold 20,000 shares of the stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $1,125.00, for a total value of $22,500,000.00. Following the sale, the director owned 61,894 shares in the company, valued at approximately $69,630,750. This trade represents a 24.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 48,305 shares of company stock worth $55,488,396. Company insiders own 1.98% of the company’s stock.

BlackRock Trading Up 0.1%

Shares of BlackRock stock opened at $1,055.62 on Friday. The firm has a market capitalization of $163.78 billion, a PE ratio of 29.80, a price-to-earnings-growth ratio of 1.32 and a beta of 1.47. The company’s fifty day moving average price is $1,092.08 and its two-hundred day moving average price is $1,107.25. BlackRock has a 52-week low of $773.74 and a 52-week high of $1,219.94. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.33 and a quick ratio of 3.33.

BlackRock (NYSE:BLK) last announced its quarterly earnings results on Thursday, January 15th. The asset manager reported $13.16 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 firm had revenue of $6.33 billion during the quarter, compared to analysts’ expectations of $6.80 billion. During the same quarter last year, the company earned $11.93 earnings per share. The company’s revenue for the quarter was up 23.4% compared to the same quarter last year. On average, analysts expect that BlackRock will post 47.41 EPS for the current year.

BlackRock Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Friday, March 6th will be paid a $5.73 dividend. The ex-dividend date is Friday, March 6th. This represents a $22.92 annualized dividend and a dividend yield of 2.2%. This is a boost from BlackRock’s previous quarterly dividend of $5.21. BlackRock’s dividend payout ratio is presently 58.84%.

BlackRock 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.