OneDigital Investment Advisors LLC Purchases New Position in BlackRock $BLK

OneDigital Investment Advisors LLC acquired a new position in shares of BlackRock (NYSE:BLK) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 3,292 shares of the asset manager’s stock, valued at approximately $3,165,000.

A number of other institutional investors also recently modified their holdings of the company. Plato Investment Management Ltd acquired a new position in shares of BlackRock in the 2nd quarter worth approximately $3,484,000. Bell Investment Advisors Inc bought a new stake in BlackRock during the 2nd quarter worth approximately $120,000. AMG National Trust Bank acquired a new stake in BlackRock during the 2nd quarter valued at $1,150,000. Cura Wealth Advisors LLC acquired a new stake in BlackRock during the 2nd quarter valued at $217,000. Finally, Simplicity Wealth LLC bought a new position in BlackRock in the 2nd quarter valued at $908,000. Institutional investors own 80.69% of the company’s stock.

Key Stories Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: AI infrastructure financing could create a major growth opportunity. BlackRock is among the financial firms working with Nvidia (NASDAQ: NVDA) and other partners to mobilize more than $500 billion for data centers, GPUs and related infrastructure. The initiative could generate fees from asset management, private credit and structured-finance products while broadening BlackRock’s role beyond traditional investing. NVIDIA’s $500 Billion GPU Financing Deal Fuels Path Toward $270
• Positive Sentiment: Scale and asset growth remain key strengths. Reports highlight approximately $15.3 trillion in assets under management, a 22% year-over-year AUM increase and improving profit margins. Continued growth in higher-margin ETFs and other products could support earnings and long-term shareholder returns. Larry Fink’s BlackRock Just Crossed $15.3 Trillion in Assets
• Neutral Sentiment: BlackRock-affiliated investors reportedly sold more than $16 million of Bitcoin and Ethereum, while Dartmouth’s holdings in BlackRock’s iShares Bitcoin ETF and other crypto ETFs declined in value. The developments reflect weaker crypto prices and could signal modest pressure on digital-asset flows, but they do not represent a direct sale of BlackRock’s corporate holdings. BlackRock ends the week dumping millions worth of these 2 cryptocurrencies
• Negative Sentiment: Competition is intensifying in ETFs. Corgi Invest plans to challenge BlackRock with a broad, low-fee lineup, while Goldman Sachs’ planned acquisition of NEOS would strengthen a rival Bitcoin income ETF platform.
• Negative Sentiment: Rosen Law Firm is investigating possible securities claims involving BlackRock mutual funds. The announcement is only an investigation—not a filed finding of wrongdoing—but it adds reputational and legal uncertainty. Rosen investor rights investigation

BlackRock Stock Down 0.1%

NYSE BLK opened at $1,172.20 on Monday. The stock has a market capitalization of $181.54 billion, a P/E ratio of 28.02, a price-to-earnings-growth ratio of 1.32 and a beta of 1.42. BlackRock has a 52 week low of $917.39 and a 52 week high of $1,219.94. The company has a debt-to-equity ratio of 0.33, a quick ratio of 3.59 and a current ratio of 3.59. The stock has a fifty day moving average of $1,053.84 and a 200-day moving average of $1,042.51.

BlackRock (NYSE:BLK) last issued its quarterly earnings results on Wednesday, July 15th. The asset manager reported $13.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $12.69 by $1.22. The business had revenue of $7.08 billion for the quarter, compared to analyst estimates of $6.73 billion. BlackRock had a return on equity of 14.90% and a net margin of 24.09%.The firm’s revenue for the quarter was up 30.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $12.05 earnings per share. On average, equities research analysts forecast that BlackRock will post 55.63 EPS for the current year.

BlackRock Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be issued a dividend of $5.73 per share. This represents a $22.92 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, September 8th. BlackRock’s payout ratio is currently 54.78%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on BLK shares. UBS Group boosted their price objective on BlackRock from $1,270.00 to $1,320.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. BMO Capital Markets lifted their price target on BlackRock from $1,250.00 to $1,300.00 and gave the company an “outperform” rating in a report on Friday, July 17th. Zacks Research upgraded shares of BlackRock from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $1,258.00 price objective on shares of BlackRock in a report on Thursday, July 16th. Finally, BNP Paribas Exane boosted their target price on shares of BlackRock from $1,300.00 to $1,350.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 23rd. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $1,311.06.

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.