BlackRock $BLK Shares Sold by Capital International Sarl

Capital International Sarl lessened its holdings in shares of BlackRock (NYSE:BLK) by 83.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 220 shares of the asset manager’s stock after selling 1,142 shares during the quarter. Capital International Sarl’s holdings in BlackRock were worth $235,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Norges Bank bought a new position in BlackRock during the 4th quarter worth approximately $2,742,680,000. Oak Harvest Investment Services lifted its holdings in BlackRock by 12,176.1% during the 4th quarter. Oak Harvest Investment Services now owns 1,595,153 shares of the asset manager’s stock worth $1,707,356,000 after buying an additional 1,582,159 shares during the last quarter. Blue Owl Capital Holdings LP bought a new position in BlackRock during the 4th quarter worth approximately $1,012,487,000. Viking Global Investors LP lifted its holdings in BlackRock by 217.5% during the 3rd quarter. Viking Global Investors LP now owns 619,492 shares of the asset manager’s stock worth $722,247,000 after buying an additional 424,388 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in BlackRock by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 14,062,677 shares of the asset manager’s stock worth $15,051,846,000 after buying an additional 221,123 shares during the last quarter. Institutional investors and hedge funds own 80.69% of the company’s stock.

Insider Activity at BlackRock

In related news, CEO Laurence Fink sold 33,900 shares of the firm’s stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $1,050.55, for a total value of $35,613,645.00. Following the sale, the chief executive officer directly owned 230,516 shares in the company, valued at $242,168,583.80. This trade represents a 12.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Robert Kapito sold 8,739 shares of the firm’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $1,056.60, for a total value of $9,233,627.40. Following the completion of the sale, the president owned 210,186 shares in the company, valued at approximately $222,082,527.60. This represents a 3.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.92% of the company’s stock.

BlackRock Trading Down 0.2%

Shares of NYSE BLK opened at $993.89 on Tuesday. The company has a market cap of $154.29 billion, a price-to-earnings ratio of 24.95, a price-to-earnings-growth ratio of 1.30 and a beta of 1.42. BlackRock has a 12-month low of $917.39 and a 12-month high of $1,219.94. The company has a current ratio of 4.09, a quick ratio of 4.09 and a debt-to-equity ratio of 0.34. The stock’s 50 day simple moving average is $1,034.13 and its 200 day simple moving average is $1,051.38.

BlackRock (NYSE:BLK) last announced its quarterly earnings results on Tuesday, April 14th. The asset manager reported $12.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.40 by $0.13. The business had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $6.56 billion. BlackRock had a return on equity of 14.74% and a net margin of 24.40%.The business’s revenue was up 27.0% on a year-over-year basis. During the same quarter last year, the business posted $9.64 EPS. Equities research analysts expect that BlackRock will post 52.8 EPS for the current year.

BlackRock Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Friday, June 5th will be issued a $5.73 dividend. The ex-dividend date of this dividend is Friday, June 5th. This represents a $22.92 annualized dividend and a dividend yield of 2.3%. BlackRock’s dividend payout ratio (DPR) is 57.53%.

Wall Street Analyst Weigh In

A number of research analysts have commented on BLK shares. Weiss Ratings raised BlackRock from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, May 13th. Jefferies Financial Group reduced their target price on BlackRock from $1,351.00 to $1,199.00 and set a “buy” rating on the stock in a report on Wednesday, April 8th. TD Cowen reduced their target price on BlackRock from $1,238.00 to $1,105.00 and set a “hold” rating on the stock in a report on Thursday, April 9th. Barclays increased their target price on BlackRock from $1,290.00 to $1,310.00 and gave the stock an “overweight” rating in a report on Wednesday, April 15th. Finally, The Goldman Sachs Group increased their target price on BlackRock from $1,181.00 to $1,313.00 and gave the stock a “buy” rating in a report on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $1,264.61.

Key BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Several BlackRock-managed closed-end funds announced monthly dividend declarations, including income, equity, sector, and technology funds. While these payouts are routine, they reinforce BlackRock’s broad product lineup and income-generating franchise. BlackRock Credit Allocation Income Trust declares $0.0839 dividend
• Positive Sentiment: Evercore lowered its price target on BlackRock to $1,140 from $1,220, but kept an Outperform rating, implying the firm still sees upside from current levels. Evercore adjusts price target on BlackRock
• Neutral Sentiment: BlackRock was mentioned in coverage about the DTCC tokenization push alongside major financial firms, highlighting its role in market infrastructure and digital asset initiatives, but this is more strategic context than a near-term earnings driver. Ripple Prime Joins DTCC’s Tokenization Push Alongside BlackRock and JPMorgan
• Negative Sentiment: Cointelegraph reported that spot Bitcoin ETFs saw $1.7 billion in weekly outflows, with BlackRock’s IBIT accounting for most of the redemptions. That could weigh on sentiment around BlackRock’s rapidly growing ETF business if outflows continue. Spot Bitcoin ETFs bleed $1.7B as outflow streak hits four weeks

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.