Fort Washington Investment Advisors Inc. OH raised its position in BlackRock (NYSE:BLK – Free Report) by 2.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 64,888 shares of the asset manager’s stock after purchasing an additional 1,536 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in BlackRock were worth $69,453,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently modified their holdings of the company. Pacifica Partners Inc. raised its holdings in shares of BlackRock by 450.0% in the third quarter. Pacifica Partners Inc. now owns 22 shares of the asset manager’s stock valued at $25,000 after purchasing an additional 18 shares during the last quarter. TruNorth Capital Management LLC boosted its holdings in BlackRock by 1,000.0% during the third quarter. TruNorth Capital Management LLC now owns 22 shares of the asset manager’s stock worth $26,000 after purchasing an additional 20 shares during the last quarter. Howard Hughes Medical Institute bought a new position in BlackRock in the second quarter valued at $33,000. Hopwood Financial Services Inc. grew its position in BlackRock by 866.7% in the third quarter. Hopwood Financial Services Inc. now owns 29 shares of the asset manager’s stock valued at $34,000 after purchasing an additional 26 shares in the last quarter. Finally, Collier Financial acquired a new stake in BlackRock in the 3rd quarter valued at $36,000. 80.69% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on the stock. Morgan Stanley increased their price objective on shares of BlackRock from $1,514.00 to $1,550.00 and gave the stock an “overweight” rating in a research note on Friday, January 16th. Evercore lowered their target price on BlackRock from $1,275.00 to $1,235.00 and set an “outperform” rating on the stock in a research report on Friday, March 6th. Wall Street Zen upgraded BlackRock from a “sell” rating to a “hold” rating in a report on Saturday, January 17th. CICC Research increased their price target on BlackRock from $1,000.00 to $1,250.00 in a research report on Tuesday, February 3rd. Finally, BNP Paribas Exane boosted their price target on BlackRock from $1,290.00 to $1,300.00 and gave the stock an “outperform” rating in a research report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $1,308.89.
BlackRock Stock Down 1.4%
BlackRock stock opened at $967.95 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.98 and a quick ratio of 2.98. The company’s 50-day moving average is $1,051.82 and its 200-day moving average is $1,083.34. The firm has a market capitalization of $150.55 billion, a PE ratio of 27.33, a P/E/G ratio of 1.25 and a beta of 1.48. BlackRock has a fifty-two week low of $773.74 and a fifty-two week high of $1,219.94.
BlackRock (NYSE:BLK – Get Free Report) last issued its earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $12.55 by $0.61. BlackRock had a net margin of 22.93% and a return on equity of 14.78%. The business had revenue of $7.01 billion during the quarter, compared to the consensus estimate of $6.80 billion. During the same period last year, the business posted $11.93 EPS. BlackRock’s revenue was up 23.4% on a year-over-year basis. Sell-side analysts anticipate that BlackRock will post 47.41 earnings per share for the current year.
BlackRock Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Friday, March 6th were given a $5.73 dividend. The ex-dividend date of this dividend was Friday, March 6th. This is a positive change from BlackRock’s previous quarterly dividend of $5.21. This represents a $22.92 dividend on an annualized basis and a dividend yield of 2.4%. BlackRock’s payout ratio is 64.71%.
Trending Headlines about BlackRock
Here are the key news stories impacting BlackRock this week:
- Positive Sentiment: Integrated Chronicle’s Proof-of-Asset for its tokenized BUIDL fund — improves on‑chain verification and transparency for a ~$1.7B tokenized liquidity product, supporting BlackRock’s tokenization strategy. BlackRock Adds Chronicle to Verify Tokenized BUIDL
- Positive Sentiment: Raised/established stake in Fisher & Paykel Healthcare (over 7.6%) — an active equity allocation that demonstrates portfolio repositioning and opportunistic buying. BlackRock Lifts Stake in Fisher & Paykel Healthcare to Over 7.6%
- Positive Sentiment: Crypto flows and revenue potential remain a growth vector — IBIT saw large inflows and management projects meaningful crypto revenue ( ~$500M annual target), supporting new fee pools. Bitcoin Price News Shows BlackRock Fueling $322M IBIT Day
- Neutral Sentiment: Speculation about a possible BlackRock move into spot XRP is circulating — could matter if it materializes, but currently unconfirmed and speculative. Is BlackRock Going Into XRP? This Ripple Move Could Be The Game-Changer
- Neutral Sentiment: BlackRock representatives participated in institutional crypto/ETH forums — signals engagement but not an immediate earnings driver. Ethereum Foundation Holds Invite-Only Event For Institutions In New York City
- Neutral Sentiment: Analysts are reworking targets in both directions — the market shows split views reflecting strong results but also flow/execution risks. How The Story On BlackRock (BLK) Is Shifting As Analysts Rework Their Targets
- Negative Sentiment: Pomerantz law firm launches an investor investigation into BlackRock — legal/PR risk that can pressure sentiment until details clear. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of BlackRock, Inc. – BLK
- Negative Sentiment: Senior executives’ warnings on oil and Iran risks (Larry Fink, Rob Kapito) highlight the potential for higher oil, slower growth and inflation — a macro headwind for markets and fee growth. BlackRock CEO warns oil rise to $150 could trigger global recession
- Negative Sentiment: Reported private-credit redemption surge (~$1.2B) and broader redemption debate (public backlash) raise concerns about near-term outflows and product stability. Reddit Turns Bearish on BlackRock After $1.2 Billion Private Credit Withdrawal Surge
Insiders Place Their Bets
In other BlackRock news, Director J. Richard Kushel sold 385 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $1,084.91, for a total transaction of $417,690.35. Following the completion of the sale, the director owned 3,335 shares of the company’s stock, valued at $3,618,174.85. This trade represents a 10.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Martin Small sold 27,047 shares of BlackRock stock in a transaction on Friday, January 16th. The stock was sold at an average price of $1,171.14, for a total transaction of $31,675,823.58. Following the transaction, the chief financial officer directly owned 10,557 shares of the company’s stock, valued at approximately $12,363,724.98. This trade represents a 71.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 111,319 shares of company stock valued at $123,999,249. Corporate insiders own 1.98% of the company’s stock.
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.
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