MidFirst Bank Invests $7.54 Million in BlackRock $BLK

MidFirst Bank purchased a new position in BlackRock (NYSE:BLK) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 7,045 shares of the asset manager’s stock, valued at approximately $7,541,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Evolution Wealth Management Inc. bought a new position in BlackRock during the fourth quarter valued at approximately $26,000. Birchbrook Inc. purchased a new position in BlackRock during the 4th quarter valued at approximately $31,000. LFA Lugano Financial Advisors SA bought a new stake in BlackRock in the 4th quarter worth approximately $32,000. Basepoint Wealth LLC bought a new stake in BlackRock in the 4th quarter worth approximately $32,000. Finally, Swiss RE Ltd. purchased a new stake in shares of BlackRock during the 4th quarter worth approximately $33,000. Institutional investors own 80.69% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on BLK. Barclays increased their price objective on shares of BlackRock from $1,290.00 to $1,310.00 and gave the company an “overweight” rating in a research report on Wednesday, April 15th. UBS Group boosted their target price on shares of BlackRock from $1,235.00 to $1,270.00 and gave the stock a “buy” rating in a report on Wednesday, April 15th. Evercore decreased their target price on shares of BlackRock from $1,220.00 to $1,140.00 and set an “outperform” rating on the stock in a research report on Monday, June 8th. JPMorgan Chase & Co. dropped their price target on BlackRock from $1,269.00 to $1,128.00 and set a “neutral” rating for the company in a research report on Monday, April 13th. Finally, The Goldman Sachs Group upped their price objective on BlackRock from $1,181.00 to $1,313.00 and gave the company a “buy” rating in a research report on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $1,264.61.

BlackRock Price Performance

BlackRock stock opened at $1,051.51 on Friday. 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 firm has a 50-day moving average price of $1,046.92 and a 200-day moving average price of $1,051.90. The firm has a market capitalization of $163.23 billion, a PE ratio of 26.39, a price-to-earnings-growth ratio of 1.38 and a beta of 1.42.

BlackRock (NYSE:BLK) last posted its quarterly earnings data on Tuesday, April 14th. The asset manager reported $12.53 earnings per share for the quarter, topping analysts’ consensus estimates of $12.40 by $0.13. BlackRock had a net margin of 24.40% and a return on equity of 14.74%. The company had revenue of $6.70 billion for the quarter, compared to analyst estimates of $6.56 billion. During the same period in the prior year, the company posted $9.64 EPS. The firm’s revenue for the quarter was up 27.0% on a year-over-year basis. As a group, equities research analysts forecast that BlackRock will post 52.8 EPS for the current year.

BlackRock Announces Dividend

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

Insider Transactions at BlackRock

In other news, CEO Laurence Fink sold 33,900 shares of BlackRock stock in a transaction 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 transaction, the chief executive officer directly owned 230,516 shares in the company, valued at approximately $242,168,583.80. This trade represents a 12.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, President Robert Kapito sold 8,739 shares of the firm’s stock in a transaction dated Monday, April 27th. The stock was 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 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. Additional details regarding this sale are available in the official SEC disclosure. 1.92% of the stock is owned by corporate insiders.

BlackRock News Roundup

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock expanded its digital-assets lineup by launching a new iShares Bitcoin Premium Income ETF, a covered-call Bitcoin income product that could attract yield-seeking investors and broaden fee-generating AUM. BlackRock (BLK) Launches Bitcoin Income ETF To Expand Its Digital Assets Suite
• Positive Sentiment: BlackRock also filed for an additional covered-call Bitcoin ETF aimed at income investors, reinforcing its push to deepen its crypto product offering and potentially capture more demand in a fast-growing niche. BlackRock Files For Covered-Call Bitcoin ETF Aimed At Income Seekers
• Positive Sentiment: BlackRock Canada announced June cash distributions for iShares ETFs, underscoring stable ETF operations and recurring income generation across its franchise. BlackRock Canada Announces June Cash Distributions for the iShares ETFs
• Neutral Sentiment: BlackRock was mentioned in market commentary after the Federal Reserve held rates steady and signaled a potentially higher-for-longer policy path, which can affect asset flows and fixed-income performance but is not directly company-specific. Federal Reserve Holds Rates Steady as Officials Signal Potential Hikes Under New Chair Kevin Warsh
• Neutral Sentiment: Analyst-style and comparison articles highlighted BlackRock’s scale, Aladdin platform, and leadership in asset management, but these were more commentary than fresh catalysts. BlackRock vs. Blackstone: Which Financial Stock Is a Better Buy in 2026?
• Negative Sentiment: Broader crypto and risk-asset weakness following the Fed decision may be weighing on sentiment, which can offset some of the enthusiasm around BlackRock’s new Bitcoin-linked products.

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.