Guinness Asset Management LTD Has $255.39 Million Stake in BlackRock $BLK

Guinness Asset Management LTD lessened its position in shares of BlackRock (NYSE:BLK) by 16.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 217,250 shares of the asset manager’s stock after selling 43,479 shares during the quarter. BlackRock comprises about 4.1% of Guinness Asset Management LTD’s investment portfolio, making the stock its 7th largest position. Guinness Asset Management LTD owned approximately 0.14% of BlackRock worth $255,390,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BLK. Pacifica Partners Inc. lifted its holdings in BlackRock by 450.0% in the third quarter. Pacifica Partners Inc. now owns 22 shares of the asset manager’s stock valued at $25,000 after buying an additional 18 shares during the period. TruNorth Capital Management LLC raised its position in shares of BlackRock by 1,000.0% during the 3rd quarter. TruNorth Capital Management LLC now owns 22 shares of the asset manager’s stock valued at $26,000 after acquiring an additional 20 shares during the last quarter. Traub Capital Management LLC acquired a new position in shares of BlackRock in the 2nd quarter valued at $28,000. Whipplewood Advisors LLC boosted its position in shares of BlackRock by 107.1% in the 2nd quarter. Whipplewood Advisors LLC now owns 29 shares of the asset manager’s stock worth $30,000 after purchasing an additional 15 shares during the last quarter. Finally, Creekmur Asset Management LLC boosted its position in shares of BlackRock by 87.5% in the 2nd quarter. Creekmur Asset Management LLC now owns 30 shares of the asset manager’s stock worth $32,000 after purchasing an additional 14 shares during the last quarter. 80.69% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at BlackRock

In other BlackRock news, CFO Martin Small sold 27,047 shares of the business’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $1,171.14, for a total value of $31,675,823.58. Following the sale, the chief financial officer owned 10,557 shares in the company, valued at approximately $12,363,724.98. The trade was a 71.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director J. Richard Kushel sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $1,125.00, for a total value of $22,500,000.00. Following the transaction, the director directly owned 61,894 shares of the company’s stock, valued at approximately $69,630,750. This trade represents a 24.42% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 48,305 shares of company stock worth $55,488,396. Corporate insiders own 1.98% of the company’s stock.

Key Headlines Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock increased its stake in Austria’s BAWAG Group above 5.8%, signaling active position-building in European bank equity that could reflect strategic opportunities or influence plans. BlackRock Lifts Stake in BAWAG Group Above 5.8%
• Positive Sentiment: BlackRock is publicly doubling down on India with CEO Larry Fink and partner Reliance promoting equities over gold, and the Jio-BlackRock initiative launching a digital investment advice service — a long-term AUM growth opportunity in a large, underpenetrated market. Jio BlackRock unveils digital investment advice service
• Positive Sentiment: A sell-side note from CICC flagged upside for BLK, adding analyst support that can help sentiment if corroborated by continued flows and earnings. BlackRock (NYSE:BLK) Stock Price Expected to Rise, CICC Research Analyst Says
• Positive Sentiment: Reports say BlackRock is looking at AES to deepen its infrastructure and utility investment reach — potential expansion of infrastructure investing could boost fee-bearing AUM and strategic positioning. BlackRock Eyes AES To Deepen Infrastructure And Utility Investment Reach
• Neutral Sentiment: Filings show BlackRock owns an 8.1% stake in Archer Aviation, indicating opportunistic equity positions in growth/innovation names; notable for portfolio mix but limited immediate impact on consolidated results. Why BlackRock Just Took an 8.1% Stake in Archer Aviation Stock
• Neutral Sentiment: Tokenization coverage notes Ondo Finance moved $95M into BlackRock’s BUIDL fund, reflecting adoption of tokenized real-world-asset products — constructive for product innovation and potential future AUM, but still nascent. How Cosmos Powers Real World Asset Tokenization for Institutional Capital Markets
• Negative Sentiment: U.S. spot Bitcoin ETFs saw heavy withdrawals (Blockonomi cites ~$817M over two days and $545M outflows), with major redemptions from BlackRock and Fidelity funds — this directly pressures fee-generating AUM and highlights short-term liquidity/flow volatility in BlackRock’s crypto offerings. Bitcoin ETF Outflows Hit $545M as Institutions Expand Crypto Infrastructure

Analyst Ratings Changes

BLK has been the subject of a number of recent analyst reports. Keefe, Bruyette & Woods upped their price objective on BlackRock from $1,310.00 to $1,340.00 and gave the company an “outperform” rating in a report on Friday, January 16th. Morgan Stanley upped their price target on BlackRock from $1,514.00 to $1,550.00 and gave the company an “overweight” rating in a research note on Friday, January 16th. Weiss Ratings reiterated a “buy (b-)” rating on shares of BlackRock in a research report on Monday, December 29th. BNP Paribas Exane boosted their price objective on shares of BlackRock from $1,290.00 to $1,300.00 and gave the company an “outperform” rating in a report on Thursday, January 15th. Finally, Argus increased their target price on shares of BlackRock from $1,165.00 to $1,330.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. 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’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,311.11.

BlackRock Stock Performance

Shares of BLK opened at $1,054.51 on Friday. The firm has a market cap of $163.61 billion, a P/E ratio of 29.77, a PEG ratio of 1.35 and a beta of 1.47. BlackRock has a twelve month low of $773.74 and a twelve month high of $1,219.94. The company has a debt-to-equity ratio of 0.34, a quick ratio of 3.33 and a current ratio of 3.33. The firm’s 50 day moving average price is $1,091.94 and its two-hundred day moving average price is $1,107.52.

BlackRock (NYSE:BLK) last issued its quarterly earnings data 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 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 earned $11.93 earnings per share. The firm’s revenue was up 23.4% compared to the same quarter last year. On average, analysts forecast that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Friday, March 6th will be paid a $5.73 dividend. The ex-dividend date of this dividend is Friday, March 6th. This represents a $22.92 annualized dividend and a dividend yield of 2.2%. This is a positive change from BlackRock’s previous quarterly dividend of $5.21. BlackRock’s dividend payout ratio (DPR) is 58.84%.

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.