Mitsubishi UFJ Asset Management Co. Ltd. Has $344.64 Million Position in BlackRock $BLK

Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of BlackRock (NYSE:BLK) by 5.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 317,625 shares of the asset manager’s stock after purchasing an additional 16,343 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in BlackRock were worth $344,642,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Lingohr Asset Management GmbH acquired a new stake in shares of BlackRock in the third quarter valued at about $700,000. Ontario Teachers Pension Plan Board grew its holdings in BlackRock by 6,347.9% in the 3rd quarter. Ontario Teachers Pension Plan Board now owns 42,234 shares of the asset manager’s stock valued at $49,239,000 after buying an additional 41,579 shares during the last quarter. Sienna Gestion increased its position in BlackRock by 51.5% in the 3rd quarter. Sienna Gestion now owns 22,859 shares of the asset manager’s stock worth $24,299,000 after buying an additional 7,773 shares during the period. Tandem Investment Advisors Inc. acquired a new position in shares of BlackRock during the third quarter worth approximately $83,247,000. Finally, Sarasin & Partners LLP grew its stake in shares of BlackRock by 10.6% in the fourth quarter. Sarasin & Partners LLP now owns 251,856 shares of the asset manager’s stock worth $269,572,000 after acquiring an additional 24,196 shares during the last quarter. 80.69% of the stock is currently owned by institutional investors and hedge funds.

BlackRock News Roundup

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 Stock Down 0.3%

Shares of BLK opened at $1,048.73 on Wednesday. The company has a quick ratio of 2.98, a current ratio of 2.98 and a debt-to-equity ratio of 0.37. The company has a 50-day moving average price of $1,006.99 and a two-hundred day moving average price of $1,058.31. The stock has a market cap of $163.12 billion, a price-to-earnings ratio of 26.32, a P/E/G ratio of 1.37 and a beta of 1.44. BlackRock has a 12 month low of $906.57 and a 12 month high of $1,219.94.

BlackRock (NYSE:BLK) last released its quarterly earnings data on Tuesday, April 14th. The asset manager reported $12.53 earnings per share for the quarter, beating the consensus estimate of $12.40 by $0.13. The company had revenue of $6.70 billion for the quarter, compared to analyst estimates of $6.56 billion. BlackRock had a return on equity of 14.96% and a net margin of 24.40%.The company’s revenue was up 27.0% compared to the same quarter last year. During the same period in the prior year, the company posted $9.64 EPS. Equities analysts predict that BlackRock will post 52.77 EPS for the current fiscal year.

Insider Activity

In related news, CEO Laurence Fink sold 33,900 shares of the stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $1,050.55, for a total transaction of $35,613,645.00. Following the completion of the sale, the chief executive officer owned 230,516 shares in the company, valued at $242,168,583.80. This trade represents a 12.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director J. Richard Kushel sold 2,000 shares of BlackRock stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $1,083.05, for a total transaction of $2,166,100.00. Following the transaction, the director directly owned 61,980 shares of the company’s stock, valued at $67,127,439. This represents a 3.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 106,911 shares of company stock valued at $114,670,698. 1.92% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on BLK shares. Freedom Capital raised shares of BlackRock from a “hold” rating to a “strong-buy” rating in a report on Friday, January 23rd. Barclays upped 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. Keefe, Bruyette & Woods lifted their target price on BlackRock from $1,150.00 to $1,240.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 15th. Wall Street Zen raised BlackRock from a “sell” rating to a “hold” rating in a report on Saturday, January 17th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on BlackRock from $1,296.00 to $1,380.00 in a report on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,269.06.

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.