556 Shares in BlackRock $BLK Purchased by Signet Private Wealth LLC

Signet Private Wealth LLC purchased a new stake in shares of BlackRock (NYSE:BLK) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 556 shares of the asset manager’s stock, valued at approximately $595,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of BlackRock by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 14,062,677 shares of the asset manager’s stock worth $15,051,846,000 after buying an additional 221,123 shares in the last quarter. Capital Research Global Investors boosted its holdings in shares of BlackRock by 0.3% in the 4th quarter. Capital Research Global Investors now owns 3,838,937 shares of the asset manager’s stock worth $4,108,968,000 after acquiring an additional 12,019 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of BlackRock by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 3,167,460 shares of the asset manager’s stock worth $3,374,394,000 after acquiring an additional 27,640 shares in the last quarter. Norges Bank bought a new stake in BlackRock during the 4th quarter worth approximately $2,742,680,000. Finally, Franklin Resources Inc. grew its position in BlackRock by 13.9% during the 4th quarter. Franklin Resources Inc. now owns 2,070,468 shares of the asset manager’s stock worth $2,216,105,000 after acquiring an additional 253,314 shares during the last quarter. 80.69% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. TD Cowen cut their price objective on BlackRock from $1,238.00 to $1,105.00 and set a “hold” rating for the company in a research report on Thursday, April 9th. BMO Capital Markets increased their target price on BlackRock from $1,200.00 to $1,250.00 and gave the stock an “outperform” rating in a report on Monday, April 20th. UBS Group raised their target price on BlackRock from $1,235.00 to $1,270.00 and gave the company a “buy” rating in a research note on Wednesday, April 15th. JPMorgan Chase & Co. cut their price target 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. Finally, Weiss Ratings upgraded shares of BlackRock from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,264.61.

Insider Activity at BlackRock

In related news, CEO Laurence Fink sold 33,900 shares of BlackRock stock in a transaction that occurred on 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 transaction, the chief executive officer owned 230,516 shares of the company’s stock, valued at $242,168,583.80. This trade represents a 12.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, President Robert Kapito sold 8,739 shares of the business’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $1,056.60, for a total transaction of $9,233,627.40. Following the transaction, the president owned 210,186 shares of the company’s stock, valued at approximately $222,082,527.60. This represents a 3.99% decrease in their position. The SEC filing for this sale provides additional information. 1.92% of the stock is owned by company insiders.

BlackRock Stock Up 0.0%

Shares of BlackRock stock opened at $1,012.13 on Thursday. The business has a fifty day simple moving average of $1,037.26 and a 200 day simple moving average of $1,051.48. The stock has a market cap of $157.11 billion, a PE ratio of 25.40, a price-to-earnings-growth ratio of 1.32 and a beta of 1.42. The company has a quick ratio of 4.09, a current ratio of 4.09 and a debt-to-equity ratio of 0.34. BlackRock has a 12 month low of $917.39 and a 12 month high of $1,219.94.

BlackRock (NYSE:BLK) last released its 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. BlackRock had a return on equity of 14.74% and a net margin of 24.40%.The firm had revenue of $6.70 billion for the quarter, compared to analyst estimates of $6.56 billion. During the same quarter in the prior year, the firm posted $9.64 earnings per share. The company’s quarterly revenue was up 27.0% on a year-over-year basis. Research analysts predict that BlackRock will post 52.8 EPS for the current year.

BlackRock Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Friday, June 5th will be given a $5.73 dividend. This represents a $22.92 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, June 5th. BlackRock’s dividend payout ratio (DPR) is currently 57.53%.

BlackRock News Summary

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock announced a new Bitcoin Premium Income ETF with a 0.65% fee, pricing it below some rivals as it prepares to compete for crypto-focused assets. The move could support fee revenue and reinforce BlackRock’s leadership in digital-asset ETFs. BlackRock Unveils 0.65% Fee Structure for Bitcoin Premium Income ETF (BITA)
• Positive Sentiment: BlackRock continues to dominate U.S. spot Bitcoin ETF flows alongside Fidelity, suggesting strong demand for its iShares crypto products even as broader Bitcoin ETF flows have been volatile. BlackRock and Fidelity Dominate U.S. Bitcoin ETF Flows
• Positive Sentiment: BlackRock also launched a new space exploration ETF, adding another thematic product that could attract investor inflows and highlight its ability to expand into fast-growing niches. BlackRock Launches Space ETF as Sector Pulls In $8 Billion
• Positive Sentiment: BlackRock confirmed a quarterly dividend of $5.73 per share, reinforcing its strong cash-generation profile and shareholder-return appeal. BlackRock Inc (BLK) Offers Dividend As It Sees Crypto Shaping Markets
• Neutral Sentiment: BlackRock sold about $230 million in Bitcoin while buying Ethereum, which may reflect portfolio rebalancing within its crypto strategy rather than a clear bullish or bearish signal for the stock. BlackRock sells $230M in Bitcoin while scooping up Ethereum in notable portfolio shift
• Neutral Sentiment: An Orion Corporation filing showed BlackRock’s ownership fell below 5%, but this looks like a routine holdings disclosure and is unlikely to materially affect BLK shares on its own. Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securities Market Act (BlackRock, Inc.)
• Neutral Sentiment: BlackRock’s commentary warning about quantum-computing risks to Bitcoin and Ethereum is notable for the crypto industry, but it is more of a long-term risk discussion than an immediate driver for BLK stock. BlackRock Warns Bitcoin And Ethereum Investors About Quantum Computing

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.