Indivisible Partners Makes New $1.75 Million Investment in BlackRock $BLK

Indivisible Partners purchased a new position in shares of BlackRock (NYSE:BLK) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,637 shares of the asset manager’s stock, valued at approximately $1,752,000.

Several other institutional investors have also modified their holdings of the company. Vanguard Group Inc. lifted its holdings 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 buying an additional 221,123 shares during the period. Capital International Investors lifted its holdings in shares of BlackRock by 0.6% in the third quarter. Capital International Investors now owns 1,841,088 shares of the asset manager’s stock valued at $2,146,663,000 after buying an additional 10,591 shares during the period. Oak Harvest Investment Services lifted its holdings 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 buying an additional 1,582,159 shares during the period. Massachusetts Financial Services Co. MA lifted its holdings in shares of BlackRock by 13.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,213,561 shares of the asset manager’s stock valued at $1,414,854,000 after buying an additional 143,126 shares during the period. Finally, Legal & General Group Plc lifted its holdings in shares of BlackRock by 4.5% in the third quarter. Legal & General Group Plc now owns 913,121 shares of the asset manager’s stock valued at $1,064,580,000 after buying an additional 39,412 shares during the period. Institutional investors and hedge funds own 80.69% of the company’s stock.

BlackRock Trading Down 0.3%

Shares of NYSE BLK opened at $1,048.73 on Wednesday. The company 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. 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 business has a fifty day simple moving average of $1,006.99 and a 200-day simple moving average of $1,058.31.

BlackRock (NYSE:BLK) last posted its quarterly earnings results 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 firm 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%.BlackRock’s quarterly revenue was up 27.0% on a year-over-year basis. During the same period in the previous year, the firm earned $9.64 earnings per share. Sell-side analysts predict that BlackRock will post 52.77 EPS for the current year.

Insider Activity

In related news, COO Robert L. Goldstein sold 54,190 shares of the company’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $1,087.29, for a total transaction of $58,920,245.10. Following the transaction, the chief operating officer directly owned 51,478 shares of the company’s stock, valued at approximately $55,971,514.62. The trade was a 51.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Stephen Cohen sold 2,179 shares of the company’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $1,073.87, for a total value of $2,339,962.73. Following the completion of the transaction, the director directly owned 6,543 shares in the company, valued at approximately $7,026,331.41. The trade was a 24.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 106,911 shares of company stock valued at $114,670,698 in the last ninety days. Corporate insiders own 1.92% of the company’s stock.

BlackRock News Summary

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock CEO Larry Fink signaled a forthcoming partnership with a hyperscaler to build data centers — a strategic move that could deepen cloud/data capabilities, support product distribution and open new revenue/technology synergies. BlackRock’s Larry Fink hints at a coming partnership with a hyperscaler
• Positive Sentiment: Strong institutional demand for crypto ETFs continues to benefit BlackRock—its IBIT and other products led big inflows ($284M on one big day; multi-day positive flows), boosting ETF AUM and fee revenue prospects. Crypto News Today: Can BNB and XRP Keep Up With The $630 Million ETF Wave While Pepeto Fills Its Presale
• Positive Sentiment: BlackRock carried out ETF stock splits to make popular iShares funds more accessible, which can broaden retail inflows and lift long-term ETF asset growth. These 2 BlackRock ETFs Get More Accessible After Stock Splits: What It Means for Investors
• Positive Sentiment: BlackRock is part of the DTCC industry group planning a tokenized securities pilot and October launch — positioning the firm to capture early market share in tokenized asset custody and distribution. DTCC eyes October tokenized securities launch with 50 DeFi and TradFi giants
• Neutral Sentiment: BlackRock executives reiterate bullish views on AI’s economic impact and broader equity opportunity (and Rieder prefers equities vs. fixed income at current yields), which supports active and passive equity strategies long-term but doesn’t guarantee near-term inflows. ‘Like 10 Manhattan Projects going off all at once’: AI is rewiring the global economy, says this BlackRock exec
• Neutral Sentiment: The Fed’s renewed Treasury purchases and Rieder’s view that 10-year yields may fall (to ~4%) affect fixed-income positioning — lower yields help equities but could compress short-term fixed-income margin opportunities. Federal Reserve Is Buying Treasuries Again, But BlackRock’s Rick Rieder Still Prefers Equities
• Negative Sentiment: Large foreign institutional outflows ($39B FII selloff) hit markets like India — a drag on regional equity AUM and short-term performance; BlackRock’s overweight stance on India mitigates long-term concern but near-term AUM/fee growth could be pressured. Nifty hit by $39 billion FII selloff but why is BlackRock’s Ben Powell betting big on India

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on BLK shares. BMO Capital Markets upped their target price on BlackRock from $1,200.00 to $1,250.00 and gave the company an “outperform” rating in a report on Monday, April 20th. Wall Street Zen raised BlackRock from a “sell” rating to a “hold” rating in a report on Saturday, January 17th. Evercore reaffirmed an “outperform” rating and set a $1,220.00 target price on shares of BlackRock in a report on Wednesday, April 15th. Jefferies Financial Group reduced their target price on BlackRock from $1,351.00 to $1,199.00 and set a “buy” rating for the company in a report on Wednesday, April 8th. Finally, JPMorgan Chase & Co. reduced their target price on BlackRock from $1,269.00 to $1,128.00 and set a “neutral” rating for the company in a report on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,269.06.

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.