Myriad Asset Management US LP Acquires New Stake in BlackRock $BLK

Myriad Asset Management US LP bought a new position in BlackRock (NYSE:BLK) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 680 shares of the asset manager’s stock, valued at approximately $793,000.

Other hedge funds also recently modified their holdings of the company. Norges Bank acquired a new position in BlackRock during the second quarter worth about $2,644,007,000. Laurel Wealth Advisors LLC lifted its holdings in BlackRock by 105,267.4% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,705,899 shares of the asset manager’s stock valued at $1,789,915,000 after acquiring an additional 1,704,280 shares during the last quarter. Franklin Resources Inc. boosted its position in shares of BlackRock by 72.5% during the 2nd quarter. Franklin Resources Inc. now owns 2,005,358 shares of the asset manager’s stock valued at $2,104,122,000 after purchasing an additional 842,901 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its stake in shares of BlackRock by 1,962.0% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 792,494 shares of the asset manager’s stock worth $831,524,000 after purchasing an additional 754,060 shares during the last quarter. Finally, Parkside Financial Bank & Trust raised its holdings in shares of BlackRock by 29,043.2% in the 3rd quarter. Parkside Financial Bank & Trust now owns 245,094 shares of the asset manager’s stock worth $285,748,000 after purchasing an additional 244,253 shares in the last quarter. 80.69% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Larry Fink pushed tokenization and blockchain adoption at Davos, highlighting BlackRock’s tokenized money-market fund (BUIDL) and arguing a common blockchain could cut costs and boost distribution — a strategic signal that could expand fee-bearing products and Aladdin-related services. Read More.
• Positive Sentiment: Large BlackRock-linked wallets moved more than $430M in bitcoin and ether into Coinbase Prime, indicating continued institutional activity and demand for custody/prime services that support BlackRock’s crypto product ecosystem (including its spot-BTC ETF). Read More.
• Positive Sentiment: BlackRock enabled additional distribution of BTC exposure via a partnership with Delaware Life, channeling Bitcoin-linked returns into a fixed index annuity — a new institutional/insurance distribution route that can grow AUM for its crypto-friendly products. Read More.
• Positive Sentiment: BlackRock increased its disclosed stake in AngloGold Ashanti to just over 10%, a notable equity position that signals active portfolio repositioning and potential influence in mining sector allocations. Read More.
• Neutral Sentiment: BlackRock adjusted other public stakes (e.g., BAWAG Group to 5.83%, Light & Wonder disclosure) — routine portfolio moves that reflect rebalancing rather than immediate fee or revenue changes. Read More.
• Neutral Sentiment: Rick Rieder (BlackRock’s head of fixed income) surfaced in headlines as odds for a Fed chair nomination rose after remarks from President Trump — a reputational/regulatory-watch item that could increase BlackRock’s influence but carries political dynamics. Read More.
• Negative Sentiment: CFO Martin Small disclosed the sale of 27,047 BlackRock shares (~$31.7M at reported prices), cutting his direct holding by ~72% — an insider sale that some investors will view as a near-term negative signal. Read More.

BlackRock Stock Performance

NYSE BLK opened at $1,139.45 on Friday. The company’s fifty day moving average is $1,076.11 and its two-hundred day moving average is $1,106.51. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.33 and a quick ratio of 3.33. The firm has a market capitalization of $176.79 billion, a price-to-earnings ratio of 32.17, a P/E/G ratio of 1.41 and a beta of 1.47. BlackRock has a 52-week low of $773.74 and a 52-week high of $1,219.94.

BlackRock (NYSE:BLK) last posted its quarterly earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share for the quarter, topping analysts’ consensus estimates of $12.55 by $0.61. BlackRock had a net margin of 22.93% and a return on equity of 15.14%. The firm had revenue of $7.01 billion for the quarter, compared to the consensus estimate of $6.80 billion. During the same quarter in the previous year, the company earned $11.93 earnings per share. The business’s revenue was up 23.4% compared to the same quarter last year. Equities research analysts forecast that BlackRock will post 47.41 EPS for the current year.

BlackRock Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Friday, March 6th will be paid a $5.73 dividend. This is a boost from BlackRock’s previous quarterly dividend of $5.21. The ex-dividend date of this dividend is Friday, March 6th. This represents a $22.92 annualized dividend and a dividend yield of 2.0%. BlackRock’s payout ratio is 58.84%.

Wall Street Analysts Forecast Growth

BLK has been the topic of a number of recent research reports. JPMorgan Chase & Co. lifted their target price on BlackRock from $1,244.00 to $1,267.00 and gave the stock a “neutral” rating in a report on Friday, January 9th. BMO Capital Markets cut their price objective on BlackRock from $1,300.00 to $1,250.00 and set an “outperform” rating on the stock in a report on Tuesday, January 13th. Evercore ISI decreased their target price on shares of BlackRock from $1,300.00 to $1,275.00 and set an “outperform” rating for the company in a report on Monday, January 12th. BNP Paribas Exane raised their price objective on shares of BlackRock from $1,290.00 to $1,300.00 and gave the stock an “outperform” rating in a research note on Thursday, January 15th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on BlackRock from $1,296.00 to $1,380.00 in a report on Thursday, January 15th. Fifteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, BlackRock has an average rating of “Moderate Buy” and a consensus target price of $1,314.71.

Insider Buying and Selling at BlackRock

In other news, CFO Martin Small sold 27,047 shares of the firm’s stock in a transaction on 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 directly owned 10,557 shares in the company, valued at $12,363,724.98. This trade represents a 71.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.98% of the stock is currently owned by company insiders.

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.