RWA Wealth Partners LLC Grows Stake in BlackRock $BLK

RWA Wealth Partners LLC boosted its holdings in BlackRock (NYSE:BLK) by 25.9% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 30,895 shares of the asset manager’s stock after acquiring an additional 6,346 shares during the quarter. RWA Wealth Partners LLC’s holdings in BlackRock were worth $36,020,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in BLK. Zhang Financial LLC raised its position in BlackRock by 11.4% during the third quarter. Zhang Financial LLC now owns 1,172 shares of the asset manager’s stock valued at $1,366,000 after purchasing an additional 120 shares in the last quarter. TigerOak Management L.L.C. raised its holdings in BlackRock by 1.1% during the 3rd quarter. TigerOak Management L.L.C. now owns 1,756 shares of the asset manager’s stock valued at $2,047,000 after buying an additional 19 shares during the last quarter. Thoroughbred Financial Services LLC bought a new position in BlackRock during the 3rd quarter valued at approximately $679,000. Second Half Financial Partners LLC purchased a new stake in BlackRock in the third quarter worth $209,000. Finally, Parr Mcknight Wealth Management Group LLC lifted its position in shares of BlackRock by 51.4% in the 3rd quarter. Parr Mcknight Wealth Management Group LLC now owns 6,612 shares of the asset manager’s stock worth $7,709,000 after purchasing an additional 2,244 shares during the period. Hedge funds and other institutional investors own 80.69% of the company’s stock.

Insider Transactions at BlackRock

In other BlackRock news, CFO Martin Small sold 27,047 shares of the stock in a transaction dated 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 transaction, the chief financial officer owned 10,557 shares of the company’s stock, valued at approximately $12,363,724.98. This represents a 71.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Robert L. Goldstein sold 5,293 shares of the business’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $1,084.22, for a total value of $5,738,776.46. Following the sale, the chief operating officer owned 46,185 shares of the company’s stock, valued at approximately $50,074,700.70. This represents a 10.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 109,967 shares of company stock worth $122,487,380 in the last three months. 1.98% of the stock is owned by insiders.

Key Stories Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: UBS upgraded BlackRock, which can lift sentiment and trigger buy-side flows into the stock. UBS Upgrades BlackRock
• Positive Sentiment: BlackRock is among shortlisted investors in early talks for Kuwait Petroleum’s potential $7B pipeline stake — a large infrastructure allocation that could mean meaningful fee-bearing AUM or co-invest opportunities. Kuwait pipeline deal interest
• Positive Sentiment: BlackRock participated in a $250M financing for Dutch AI?chip maker Axelera AI — signaling direct exposure to AI hardware/venture deals and diversification into growth private investments. This bolsters narrative that BlackRock is positioning into AI-related alternatives. Axelera raises $250M (BlackRock investor)
• Positive Sentiment: BlackRock’s CIO for fixed income, Rick Rieder, outlined opportunities in parts of the bond market and cautioned that not all Treasurys are reliable—highlighting active portfolio positioning that can attract flows into BlackRock’s fixed?income strategies. Rieder on bond positioning
• Neutral Sentiment: Speculation persists about when BlackRock might file a U.S. spot XRP ETF (some insiders eye late?2026). A filing would be a long?term AUM catalyst but is not imminent. When will BlackRock file an XRP ETF?
• Neutral Sentiment: BlackRock Canada announced final February cash distributions for an iShares Premium Money Market ETF—routine fund operations with limited direct impact on BLK equity. BlackRock Canada distributions
• Neutral Sentiment: Regulatory/portfolio note: BlackRock slightly increased a major stake in BAWAG Group — a portfolio move that signals active equity positioning but is unlikely to move BLK stock materially on its own. BlackRock increases BAWAG stake
• Negative Sentiment: Pomerantz filed a class action related to BlackRock TCP Capital Corp. (TCPC). While this targets the BDC and not BlackRock Inc. directly, it introduces legal/reputational noise around a BlackRock?managed vehicle. Pomerantz class action on TCPC

Wall Street Analyst Weigh In

A number of research analysts have weighed in on BLK shares. The Goldman Sachs Group reiterated a “buy” rating and set a $1,313.00 target price on shares of BlackRock in a report on Tuesday, December 9th. CICC Research lifted their price target on BlackRock from $1,000.00 to $1,250.00 in a research report on Tuesday, February 3rd. Evercore decreased their price objective on BlackRock from $1,300.00 to $1,275.00 and set an “outperform” rating for the company in a report on Monday, January 12th. UBS Group raised BlackRock from a “neutral” rating to a “buy” rating and set a $1,280.00 price objective for the company in a research report on Monday. Finally, Morgan Stanley upped their target price on shares of BlackRock from $1,514.00 to $1,550.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, BlackRock currently has an average rating of “Moderate Buy” and a consensus target price of $1,311.11.

BlackRock Price Performance

Shares of NYSE BLK opened at $1,081.80 on Wednesday. The firm has a market cap of $167.84 billion, a P/E ratio of 30.54, a PEG ratio of 1.34 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 quick ratio of 3.33, a current ratio of 3.33 and a debt-to-equity ratio of 0.34. The company has a 50 day moving average of $1,093.67 and a 200 day moving average of $1,104.16.

BlackRock (NYSE:BLK) last announced its quarterly earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $12.55 by $0.61. The firm had revenue of $6.33 billion for the quarter, compared to the consensus estimate of $6.80 billion. BlackRock had a net margin of 22.93% and a return on equity of 15.14%. The business’s quarterly revenue was up 23.4% compared to the same quarter last year. During the same quarter last year, the firm posted $11.93 EPS. As a group, research analysts expect that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Friday, March 6th will be issued a $5.73 dividend. The ex-dividend date of this dividend is Friday, March 6th. This is an increase from BlackRock’s previous quarterly dividend of $5.21. This represents a $22.92 annualized dividend and a dividend yield of 2.1%. BlackRock’s dividend payout ratio is presently 58.84%.

About BlackRock

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.