BlackRock $BLK Stock Purchased by Toth Financial Advisory Corp

Toth Financial Advisory Corp raised its stake in BlackRock (NYSE:BLK) by 3.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,331 shares of the asset manager’s stock after purchasing an additional 496 shares during the period. BlackRock accounts for approximately 1.4% of Toth Financial Advisory Corp’s investment portfolio, making the stock its 15th largest holding. Toth Financial Advisory Corp’s holdings in BlackRock were worth $14,092,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. RMG Wealth Management LLC purchased a new stake in BlackRock during the first quarter valued at approximately $25,000. Addison Advisors LLC acquired a new position in shares of BlackRock during the second quarter worth $25,000. Kelly Lawrence W & Associates Inc. CA acquired a new position in shares of BlackRock during the second quarter worth $25,000. Meeder Asset Management Inc. purchased a new stake in shares of BlackRock during the 2nd quarter valued at $30,000. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in shares of BlackRock during the 4th quarter valued at $36,000. 80.69% of the stock is currently owned by institutional investors.

Trending Headlines about BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock and its partners are reportedly in exclusive talks to acquire Stack Infrastructure’s Asia-Pacific data-center assets in a potential $20 billion-to-$25 billion transaction. The deal would expand BlackRock’s exposure to AI and cloud infrastructure, although it could also require substantial capital. BlackRock in talks on data center deal
• Positive Sentiment: BlackRock’s digital-asset franchise remains a growth driver: its spot Bitcoin ETFs have become the world’s largest pool of Bitcoin holdings, while executives continue promoting tokenized money-market funds, stablecoins and potential AI-related crypto payments. These initiatives could support future fee growth and asset gathering. Bitcoin ETFs reach 1,000 days
• Positive Sentiment: Several BlackRock products have recently outperformed competing funds, including an income strategy that beat JEPI and a semiconductor fund that outpaced SMH over the past year. Strong performance can help attract new client assets, though past performance may not persist. BlackRock income fund performance
• Neutral Sentiment: Fixed-income CIO Rick Rieder said short-term bonds remain attractive and indicated he is positioned for a hawkish Federal Reserve. Higher yields may benefit fixed-income demand, but persistent rate hikes can pressure equity valuations and economic activity. BlackRock’s Rieder on rates
• Negative Sentiment: U.S. spot Bitcoin ETFs recorded approximately $485 million in net outflows, with BlackRock’s iShares Bitcoin Trust accounting for $207.7 million. The withdrawals reversed October’s previous inflows and directly weaken near-term sentiment toward BlackRock’s fastest-growing product area. Bitcoin ETF outflows
• Negative Sentiment: Analysts expect earnings growth in BlackRock’s upcoming report, but some commentary says the company lacks the typical combination of positive earnings revisions and estimate momentum associated with a likely beat. That creates a near-term catalyst risk. BlackRock earnings expectations
• Negative Sentiment: The Rosen Law Firm announced an investigation into potential securities claims involving BlackRock mutual funds, alleging potentially misleading business information. The announcement is preliminary, but it adds reputational and legal overhang. BlackRock investor investigation

Wall Street Analyst Weigh In

Several research analysts recently weighed in on BLK shares. Weiss Ratings downgraded BlackRock from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, August 11th. Barclays lowered their price target on BlackRock from $1,450.00 to $1,420.00 and set an “overweight” rating for the company in a report on Wednesday. Zacks Research lowered BlackRock from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. JPMorgan Chase & Co. upped their price objective on shares of BlackRock from $1,364.00 to $1,435.00 and gave the company an “overweight” rating in a report on Tuesday. Finally, Keefe, Bruyette & Woods lowered shares of BlackRock from a “moderate buy” rating to a “hold” rating in a research report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,303.35.

BlackRock Stock Performance

BLK traded down $4.15 on Thursday, reaching $1,065.48. 152,593 shares of the stock were exchanged, compared to its average volume of 739,447. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.59 and a quick ratio of 3.59. The company’s 50-day moving average price is $1,110.65 and its 200 day moving average price is $1,057.36. The firm has a market capitalization of $165.01 billion, a PE ratio of 25.51, a PEG ratio of 1.22 and a beta of 1.41. BlackRock has a fifty-two week low of $917.39 and a fifty-two week high of $1,219.94.

BlackRock (NYSE:BLK) last announced its quarterly earnings data on Wednesday, July 15th. The asset manager reported $13.91 earnings per share for the quarter, beating analysts’ consensus estimates of $12.69 by $1.22. BlackRock had a return on equity of 14.90% and a net margin of 24.09%.The business had revenue of $7.08 billion for the quarter, compared to analyst estimates of $6.73 billion. During the same period in the prior year, the company earned $12.05 earnings per share. The company’s revenue was up 30.6% on a year-over-year basis. As a group, sell-side analysts forecast that BlackRock will post 55.73 EPS for the current fiscal year.

BlackRock Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th were issued a dividend of $5.73 per share. This represents a $22.92 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Tuesday, September 8th. BlackRock’s dividend payout ratio (DPR) is 54.78%.

BlackRock Company Profile

BlackRock, Inc is a global investment management and financial technology company serving individual investors, institutions, governments and financial professionals. The company provides investment management, risk management and advisory services across a broad range of asset classes, including equities, fixed income, multi-asset strategies, alternatives and cash management.

BlackRock offers investment products through mutual funds, exchange-traded funds and other vehicles. Its iShares brand is one of the company’s principal platforms for exchange-traded funds, providing access to domestic and international markets, industry sectors, bonds, commodities and specialized investment strategies.

The company also provides technology and analytical solutions through its Aladdin platform, which is used by asset managers, institutional investors and other financial organizations for portfolio management, risk analysis, trading and operational support.