BlackRock $BLK Stake Lifted by Siemens Fonds Invest GmbH

Siemens Fonds Invest GmbH increased its position in shares of BlackRock (NYSE:BLK) by 18.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,944 shares of the asset manager’s stock after purchasing an additional 779 shares during the period. Siemens Fonds Invest GmbH’s holdings in BlackRock were worth $5,356,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Legal & General Group Plc grew its position in BlackRock by 0.8% during the 4th quarter. Legal & General Group Plc now owns 920,578 shares of the asset manager’s stock worth $985,331,000 after purchasing an additional 7,457 shares in the last quarter. Ontario Teachers Pension Plan Board boosted its position in shares of BlackRock by 6,347.9% in the third quarter. Ontario Teachers Pension Plan Board now owns 42,234 shares of the asset manager’s stock worth $49,239,000 after buying an additional 41,579 shares during the period. Sarasin & Partners LLP boosted its position in shares of BlackRock by 10.6% in the fourth quarter. Sarasin & Partners LLP now owns 251,856 shares of the asset manager’s stock worth $269,572,000 after buying an additional 24,196 shares during the period. Sienna Gestion grew its holdings in shares of BlackRock by 51.5% during the third quarter. Sienna Gestion now owns 22,859 shares of the asset manager’s stock valued at $24,299,000 after buying an additional 7,773 shares in the last quarter. Finally, Hudson Bay Capital Management LP acquired a new position in BlackRock during the third quarter valued at $3,791,000. 80.69% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on BLK. BMO Capital Markets upped their target price on BlackRock from $1,200.00 to $1,250.00 and gave the company an “outperform” rating in a report on Monday, April 20th. Weiss Ratings upgraded shares of BlackRock from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, May 13th. JPMorgan Chase & Co. decreased their target price on shares of BlackRock from $1,269.00 to $1,128.00 and set a “neutral” rating for the company in a research note on Monday, April 13th. UBS Group upped their price target on shares of BlackRock from $1,235.00 to $1,270.00 and gave the stock a “buy” rating in a research note on Wednesday, April 15th. Finally, Barclays boosted their target price on BlackRock from $1,290.00 to $1,310.00 and gave the company an “overweight” rating in a research note on Wednesday, April 15th. One research 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 stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,264.61.

BlackRock News Roundup

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock’s top investment executive, Rick Rieder, said Bitcoin is “ultimately going considerably higher,” reinforcing the firm’s bullish stance on digital assets and potentially boosting sentiment around BlackRock’s crypto-linked business opportunities.
• Positive Sentiment: BlackRock remains in focus as a large asset manager with a steady dividend profile, with its next quarterly payout due soon, which can appeal to income-focused investors.
• Neutral Sentiment: BlackRock Canada announced product changes and risk-rating updates for several iShares ETFs, reflecting routine portfolio maintenance and index transitions rather than a major business shift.
• Neutral Sentiment: Several articles highlighted BlackRock commentary on AI, private markets, and a broader market rotation out of cash, which may support the long-term investment case but do not directly change near-term fundamentals.
• Negative Sentiment: BlackRock is cutting nearly 200 jobs globally, part of a continued “rightsizing” effort tied to efficiency and growth initiatives; while modest in scale, the repeated layoffs may signal management is still trimming costs aggressively.

Insider Activity at BlackRock

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

BlackRock Price Performance

NYSE BLK opened at $1,051.81 on Wednesday. BlackRock has a fifty-two week low of $917.39 and a fifty-two week high of $1,219.94. The stock’s 50-day moving average is $1,043.04 and its two-hundred day moving average is $1,051.76. The firm has a market cap of $163.27 billion, a P/E ratio of 26.40, a price-to-earnings-growth ratio of 1.36 and a beta of 1.42. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.09 and a quick ratio of 4.09.

BlackRock (NYSE:BLK) last released 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. BlackRock had a return on equity of 14.74% and a net margin of 24.40%.The company had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $6.56 billion. During the same quarter in the prior year, the company posted $9.64 EPS. The firm’s revenue was up 27.0% on a year-over-year basis. On average, analysts anticipate that BlackRock will post 52.8 earnings per share for the current fiscal year.

BlackRock Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Friday, June 5th will be issued a dividend of $5.73 per share. This represents a $22.92 annualized dividend and a yield of 2.2%. The ex-dividend date is Friday, June 5th. BlackRock’s dividend payout ratio (DPR) is 57.53%.

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.