Bokf Na Sells 639 Shares of BlackRock $BLK

Bokf Na decreased its stake in BlackRock (NYSE:BLK) by 5.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,927 shares of the asset manager’s stock after selling 639 shares during the period. Bokf Na’s holdings in BlackRock were worth $12,766,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in BLK. Oak Harvest Investment Services raised its position in shares of BlackRock by 12,176.1% in the fourth quarter. Oak Harvest Investment Services now owns 1,595,153 shares of the asset manager’s stock valued at $1,707,356,000 after purchasing an additional 1,582,159 shares during the period. Viking Global Investors LP raised its position in shares of BlackRock by 217.5% in the third quarter. Viking Global Investors LP now owns 619,492 shares of the asset manager’s stock valued at $722,247,000 after purchasing an additional 424,388 shares during the period. Parkside Financial Bank & Trust raised its position in shares of BlackRock by 29,043.2% in the third quarter. Parkside Financial Bank & Trust now owns 245,094 shares of the asset manager’s stock valued at $285,748,000 after purchasing an additional 244,253 shares during the period. Vanguard Group Inc. raised its position in shares of BlackRock by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 14,062,677 shares of the asset manager’s stock valued at $15,051,846,000 after purchasing an additional 221,123 shares during the period. Finally, Amundi raised its position in shares of BlackRock by 39.5% in the third quarter. Amundi now owns 547,249 shares of the asset manager’s stock valued at $645,354,000 after purchasing an additional 154,907 shares during the period. Institutional investors own 80.69% of the company’s stock.

BlackRock Stock Performance

BlackRock stock opened at $1,048.73 on Wednesday. The firm’s 50 day simple moving average is $1,006.99 and its 200 day simple moving average is $1,058.31. The company has a current ratio of 2.98, a quick ratio of 2.98 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $163.12 billion, a PE ratio of 26.32, a price-to-earnings-growth ratio of 1.37 and a beta of 1.44. BlackRock has a 1-year low of $906.57 and a 1-year high of $1,219.94.

BlackRock (NYSE:BLK) last posted its earnings results 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. The business had revenue of $6.70 billion for the quarter, compared to analyst estimates of $6.56 billion. BlackRock had a net margin of 24.40% and a return on equity of 14.96%. BlackRock’s revenue was up 27.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $9.64 EPS. As a group, analysts expect that BlackRock will post 52.77 earnings per share for the current fiscal year.

Insider Buying and Selling at BlackRock

In related news, Director J. Richard Kushel sold 385 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $1,084.91, for a total transaction of $417,690.35. Following the sale, the director owned 3,335 shares of the company’s stock, 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 SEC, which is accessible through this hyperlink. Also, COO Robert L. Goldstein sold 5,293 shares of the company’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $1,084.22, for a total transaction of $5,738,776.46. Following the sale, the chief operating officer directly owned 46,185 shares in the company, valued at $50,074,700.70. This trade represents a 10.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 106,911 shares of company stock worth $114,670,698 in the last ninety days. Insiders own 1.92% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on BLK shares. Freedom Capital raised shares of BlackRock from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft boosted their price target on shares of BlackRock from $1,296.00 to $1,380.00 in a research report on Thursday, January 15th. Evercore reissued an “outperform” rating and issued a $1,220.00 price target on shares of BlackRock in a research report on Wednesday, April 15th. TD Cowen lowered their price target on shares of BlackRock from $1,238.00 to $1,105.00 and set a “hold” rating on the stock in a research report on Thursday, April 9th. Finally, Weiss Ratings lowered shares of BlackRock from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat, BlackRock has an average rating of “Moderate Buy” and an average target price of $1,269.06.

BlackRock News Summary

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Larry Fink said BlackRock is partnering with a hyperscaler to build data centers, a move that could diversify revenue, deepen cloud/AI infrastructure ties and signal new fee or custody opportunities once announced later this week. BlackRock’s Larry Fink hints at a coming partnership with a hyperscaler
• Positive Sentiment: BlackRock-led institutional flows into U.S. spot Bitcoin ETFs remain strong (multi-day inflows), underscoring product-market dominance for IBIT and supporting fee growth from ETF AUM expansion. This is a near-term driver of asset-gathering momentum. BlackRock And Fidelity Lead $532 Million In Institutional Bitcoin ETF Inflows
• Positive Sentiment: BlackRock split shares of two popular iShares ETFs to make them more accessible to retail investors — a tactical move that can broaden retail participation and potentially boost passive AUM over time. These 2 BlackRock ETFs Get More Accessible After Stock Splits
• Positive Sentiment: Senior BlackRock executives are upbeat on AI-driven demand and emphasize broad secular opportunities beyond headline names, which supports the firm’s equity research and product positioning in AI-related strategies. ‘Like 10 Manhattan Projects going off all at once’: AI is rewiring the entire global economy
• Neutral Sentiment: Rick Rieder (head of fixed income) said he expects the 10-year Treasury to drop toward ~4%, a call that, if realized, would buoy bond returns and fixed-income fund performance but depends on Fed policy and macro surprises. Impact is directional but uncertain. BlackRock’s Rieder Sees 10-Year Yield Dropping to 4%
• Neutral Sentiment: DTCC’s tokenization pilot (with BlackRock among participants) signals long-term institutional interest in tokenized securities infrastructure; meaningful revenue is possible but likely further out. DTCC eyes October tokenized securities launch with 50 DeFi and TradFi giants
• Negative Sentiment: Technicals and market positioning likely pressured the stock today: BLK is trading below its 200-day moving average, volume is lighter than average, and investors may be taking profits after recent gains — a short-term headwind for the share price.

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.