BlackRock $BLK Shares Bought by HUB Investment Partners LLC

HUB Investment Partners LLC raised its position in BlackRock (NYSE:BLK) by 1,705.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,752 shares of the asset manager’s stock after buying an additional 6,378 shares during the period. HUB Investment Partners LLC’s holdings in BlackRock were worth $7,872,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of BLK. Vanguard Group Inc. grew its position in shares of BlackRock by 1.7% during the 2nd quarter. Vanguard Group Inc. now owns 13,991,264 shares of the asset manager’s stock valued at $14,680,334,000 after acquiring an additional 227,192 shares during the period. Geode Capital Management LLC raised its holdings in BlackRock by 1.1% in the 2nd quarter. Geode Capital Management LLC now owns 3,143,429 shares of the asset manager’s stock worth $3,281,641,000 after purchasing an additional 34,049 shares during the period. Norges Bank purchased a new position in BlackRock during the second quarter worth approximately $2,644,007,000. Franklin Resources Inc. boosted its position in BlackRock by 72.5% during the second quarter. Franklin Resources Inc. now owns 2,005,358 shares of the asset manager’s stock worth $2,104,122,000 after purchasing an additional 842,901 shares in the last quarter. Finally, Laurel Wealth Advisors LLC grew its holdings in BlackRock by 105,267.4% in the second quarter. Laurel Wealth Advisors LLC now owns 1,705,899 shares of the asset manager’s stock valued at $1,789,915,000 after purchasing an additional 1,704,280 shares during the period. Institutional investors and hedge funds own 80.69% of the company’s stock.

BlackRock Stock Down 7.9%

NYSE BLK opened at $953.67 on Friday. The business has a fifty day moving average price of $1,089.21 and a 200 day moving average price of $1,099.40. BlackRock has a one year low of $773.74 and a one year high of $1,219.94. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.98 and a current ratio of 2.98. The company has a market cap of $148.33 billion, a P/E ratio of 26.92, a P/E/G ratio of 1.30 and a beta of 1.48.

BlackRock (NYSE:BLK) last announced its earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.55 by $0.61. BlackRock had a net margin of 22.93% and a return on equity of 14.78%. The company had revenue of $7.01 billion for the quarter, compared to analysts’ expectations of $6.80 billion. During the same quarter in the previous year, the company posted $11.93 EPS. The firm’s quarterly revenue was up 23.4% on a year-over-year basis. Research analysts anticipate that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Friday, March 6th will be given a dividend of $5.73 per share. The ex-dividend date is Friday, March 6th. This is a boost from BlackRock’s previous quarterly dividend of $5.21. This represents a $22.92 dividend on an annualized basis and a yield of 2.4%. BlackRock’s dividend payout ratio (DPR) is presently 58.84%.

More BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock is expanding its iShares iBonds ETF franchise — nine new defined‑maturity bond ETFs across Treasuries, TIPS, corporates, high yield and muni markets — which supports fee growth and ETF distribution strength. BlackRock Announces Plans to Expand iBonds ETF Franchise
• Positive Sentiment: BlackRock launched the iShares Broad USD Floating Rate Loan ETF (USLN), opening index‑based access to the $1.4T leveraged‑loan market — a distribution/growth opportunity for its ETF business. BlackRock Launches USLN ETF
• Positive Sentiment: Institutional adoption of BlackRock’s Aladdin Wealth continues: Intesa Sanpaolo will extend use of Aladdin Wealth for its international banks unit, supporting recurring technology revenue. Intesa Sanpaolo to adopt BlackRock’s Aladdin Wealth
• Neutral Sentiment: Regulatory disclosure: BlackRock disclosed its stake in Finland’s Orion Corp lifted above 5%, a routine holdings disclosure with little immediate impact on BLK’s fundamentals. Orion Corporation disclosure
• Negative Sentiment: Market shock: BlackRock capped withdrawals from a $26B private‑credit vehicle after redemption requests exceeded the periodic limit, prompting a broad selloff in BLK and peers as investors reassess liquidity risk in private credit. Forbes: BlackRock Shares Tumble After Limits
• Negative Sentiment: Credit stress: Reporting says BlackRock took a $25M loan write‑off and faced roughly $1.2B in redemption requests tied to private credit, underscoring valuation and liquidity risks in opaque private loan portfolios. Blockonomi: Loan Write-Off & Redemptions
• Negative Sentiment: Contagion risk: The move put alternative asset managers (Blackstone, Apollo, KKR, Ares, Blue Owl) under scrutiny as investors test redemption mechanics across private‑credit and alternative strategies. Benzinga: Peers Under Watch
• Negative Sentiment: Analyst reaction: Evercore trimmed its price target modestly, reflecting near‑term caution after the private‑credit developments. Analyst downgrades/target cuts could add selling pressure if more follow. MarketScreener: Evercore Adjusts Price Target

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on BLK. Keefe, Bruyette & Woods downgraded BlackRock from a “moderate buy” rating to a “moderate sell” rating in a research note on Tuesday. JPMorgan Chase & Co. lifted their price target on shares of BlackRock from $1,244.00 to $1,267.00 and gave the company a “neutral” rating in a research note on Friday, January 9th. BNP Paribas Exane boosted their price target on shares of BlackRock from $1,290.00 to $1,300.00 and gave the stock an “outperform” rating in a report on Thursday, January 15th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $1,313.00 price objective on shares of BlackRock in a report on Tuesday, December 9th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of BlackRock in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,308.89.

Insider Buying and Selling at BlackRock

In other BlackRock news, Director J. Richard Kushel sold 385 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $1,084.91, for a total value of $417,690.35. Following the completion of the sale, the director owned 3,335 shares in the company, valued at approximately $3,618,174.85. This represents a 10.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Stephen Cohen sold 225 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $1,069.56, for a total transaction of $240,651.00. Following the completion of the transaction, the director directly owned 5,661 shares in the company, valued at $6,054,779.16. This trade represents a 3.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 111,319 shares of company stock worth $123,999,249 in the last 90 days. 1.98% of the stock is currently owned by insiders.

BlackRock Company 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.