Robert Goldstein Sells 54,190 Shares of BlackRock (NYSE:BLK) Stock

BlackRock (NYSE:BLK) COO Robert Goldstein sold 54,190 shares of the business’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $1,087.29, for a total value of $58,920,245.10. Following the transaction, the chief operating officer directly owned 51,478 shares in the company, valued at $55,971,514.62. This trade represents a 51.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

BlackRock Stock Performance

Shares of BLK stock traded down $27.55 on Thursday, hitting $1,055.33. The company’s stock had a trading volume of 1,152,916 shares, compared to its average volume of 799,116. The stock’s 50 day moving average is $1,093.92 and its 200-day moving average is $1,106.50. The company has a market capitalization of $163.73 billion, a PE ratio of 29.79, a PEG ratio of 1.36 and a beta of 1.47. 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 fifty-two week low of $773.74 and a fifty-two week high of $1,219.94.

BlackRock (NYSE:BLK) last issued its quarterly earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share 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 $6.33 billion during the quarter, compared to the consensus estimate of $6.80 billion. During the same quarter in the prior year, the firm posted $11.93 EPS. The firm’s quarterly revenue was up 23.4% on a year-over-year basis. Equities research analysts expect that BlackRock will post 47.41 earnings per share for the current fiscal year.

BlackRock Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Friday, March 6th will be issued a dividend of $5.73 per share. This is an increase from BlackRock’s previous quarterly dividend of $5.21. This represents a $22.92 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Friday, March 6th. BlackRock’s dividend payout ratio is 58.84%.

BlackRock News Summary

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock launched a first‑of‑its‑kind institutional DeFi integration by listing its USD Institutional Digital Liquidity Fund (BUIDL) on Uniswap and buying UNI tokens — a move that broadens BlackRock’s digital‑assets distribution channels and signals new product reach and potential fee/asset flows. BlackRock enters DeFi, taps Uniswap for institutional token trading
• Neutral Sentiment: SEC 13F disclosures and fund updates show large portfolio repositioning by BlackRock’s funds (big additions to IVV, MSFT, GOOGL, AMZN and new sizable positions in tickers like Q, SOLS, LXP) — illustrates active asset management scale but is informational for fund flows rather than an immediate company earnings signal. Fund Update: BlackRock, Inc. Just Disclosed New Holdings
• Neutral Sentiment: Regulatory/ownership notices: BlackRock’s voting stake in Austria’s BAWAG Group was recently disclosed around the 5% threshold (movements reported both up and slightly down across entities) — a routine large‑investor disclosure with limited direct impact on BLK’s core business. BlackRock Raises Voting Stake in BAWAG Group to 5.77%
• Negative Sentiment: Insider selling: COO Robert L. Goldstein executed large open‑market sales on Feb. 10–11 (totaling ~59k shares, SEC Form 4 filed) — sizable insider sales can pressure sentiment and raise investor questions even if sales are for diversification or tax reasons. SEC Form 4 disclosure
• Negative Sentiment: Reports of portfolio and product risk: WSJ reports a $400M loss tied to fake invoices at a BlackRock unit’s private‑credit position, highlighting execution and due‑diligence risks in its private markets business — a reputational and P&L headline that can weigh on valuation multiple. How Fake Invoices Duped BlackRock Unit Into a $400 Million Loan
• Negative Sentiment: Crypto headwinds: crypto market weakness and reporting that BlackRock has pared Bitcoin and Ethereum exposure in some crypto portfolios could reduce near‑term AUM and fee growth in digital‑asset products and dampen enthusiasm from the earlier Uniswap announcement. Major Institutional Shift? Bitcoin And Ethereum Are Steadily Leaving BlackRock’s Crypto Portfolio

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on BLK shares. UBS Group set a $1,280.00 target price on shares of BlackRock in a research report on Friday, January 16th. Deutsche Bank Aktiengesellschaft increased their price target on shares of BlackRock from $1,296.00 to $1,380.00 in a report on Thursday, January 15th. TD Cowen cut BlackRock from a “buy” rating to a “hold” rating in a research note on Wednesday, January 14th. Barclays lifted their price objective on BlackRock from $1,300.00 to $1,350.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. Finally, Evercore decreased their price objective on BlackRock from $1,300.00 to $1,275.00 and set an “outperform” rating for the company in a report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, BlackRock presently has a consensus rating of “Moderate Buy” and an average target price of $1,311.11.

Hedge Funds Weigh In On BlackRock

Institutional investors have recently bought and sold shares of the stock. Stanley Laman Group Ltd. boosted its stake in BlackRock by 2.7% during the second quarter. Stanley Laman Group Ltd. now owns 340 shares of the asset manager’s stock worth $357,000 after buying an additional 9 shares during the period. CNB Bank lifted its holdings in shares of BlackRock by 9.6% in the 2nd quarter. CNB Bank now owns 103 shares of the asset manager’s stock worth $108,000 after acquiring an additional 9 shares during the last quarter. Magellan Asset Management Ltd boosted its stake in shares of BlackRock by 14.3% during the 2nd quarter. Magellan Asset Management Ltd now owns 72 shares of the asset manager’s stock worth $76,000 after purchasing an additional 9 shares during the period. FAS Wealth Partners Inc. grew its holdings in BlackRock by 1.1% during the 2nd quarter. FAS Wealth Partners Inc. now owns 817 shares of the asset manager’s stock valued at $857,000 after purchasing an additional 9 shares during the last quarter. Finally, First Financial Bank Trust Division raised its position in BlackRock by 0.5% in the 3rd quarter. First Financial Bank Trust Division now owns 1,794 shares of the asset manager’s stock worth $2,092,000 after purchasing an additional 9 shares during the period. 80.69% of the stock is owned by hedge funds and other institutional investors.

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.