HighTower Advisors LLC Has $92.36 Million Stake in BlackRock $BLK

HighTower Advisors LLC increased its holdings in BlackRock (NYSE:BLK) by 0.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 86,286 shares of the asset manager’s stock after buying an additional 505 shares during the period. HighTower Advisors LLC’s holdings in BlackRock were worth $92,355,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC increased its position in shares of BlackRock by 23.1% in the fourth quarter. Brighton Jones LLC now owns 1,575 shares of the asset manager’s stock worth $1,615,000 after purchasing an additional 296 shares during the period. Bison Wealth LLC increased its position in shares of BlackRock by 1.6% in the fourth quarter. Bison Wealth LLC now owns 1,052 shares of the asset manager’s stock worth $1,078,000 after purchasing an additional 17 shares during the period. Schnieders Capital Management LLC. bought a new position in shares of BlackRock in the second quarter worth $259,000. Nebula Research & Development LLC bought a new position in shares of BlackRock in the second quarter worth $548,000. Finally, Osterweis Capital Management Inc. bought a new position in shares of BlackRock in the second quarter worth $98,000. 80.69% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock’s private-credit expansion got a boost from a new partnership with Citi, which will use BlackRock’s HPS platform to broaden direct lending across EMEA as demand for private credit continues to grow. Citi strikes €15bn partnership with BlackRock for private European lending
• Positive Sentiment: BlackRock’s iShares Bitcoin Trust (IBIT) is still gathering assets overall in May, with reports indicating more than 8,000 Bitcoin added during the month, supporting the firm’s ETF fee engine. BlackRock adds over 8,000 Bitcoin in May 2026
• Neutral Sentiment: BlackRock was reported to have transferred a large amount of Bitcoin to Coinbase Prime wallets, which appears consistent with ETF custody/trading operations rather than a clear strategic shift. BlackRock moves 5,847 Bitcoin worth $450M to Coinbase Prime wallets
• Neutral Sentiment: Shapoorji Pallonji Group is seeking $2.7 billion in private credit, with BlackRock among the potential providers, reinforcing demand for its lending capabilities. SP Group plans to raise $2.7 billion; BlackRock, Bofa may chip in
• Negative Sentiment: Sentiment on BLK has been pressured by a broader risk-off move, rising Treasury yields, and large outflows from spot bitcoin ETFs, including roughly $448 million from BlackRock’s IBIT in one session, which could hurt fee-related growth expectations. BlackRock slides as risk-off tone hits financials and crypto-ETF flow headlines resurface
• Negative Sentiment: Investors are also watching regulatory risk after reports that the Manhattan U.S. Attorney’s Office requested information on valuation practices at BlackRock’s private credit fund, adding uncertainty around a key growth area. BlackRock’s Troubled Private Credit Fund Draws DOJ Scrutiny

Insider Transactions at BlackRock

In other news, Director Stephen Cohen sold 225 shares of BlackRock stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $1,069.56, for a total transaction of $240,651.00. Following the sale, the director directly owned 5,661 shares of the company’s stock, valued at approximately $6,054,779.16. This trade represents a 3.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director J. Richard Kushel sold 385 shares of BlackRock stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $1,084.91, for a total value of $417,690.35. Following the sale, the director directly owned 3,335 shares in the company, valued at $3,618,174.85. The trade was a 10.35% 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 45,249 shares of company stock valued at $47,671,714. Company insiders own 1.92% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. BMO Capital Markets raised their price target on BlackRock from $1,200.00 to $1,250.00 and gave the stock an “outperform” rating in a research report on Monday, April 20th. CICC Research raised their price target on BlackRock from $1,000.00 to $1,250.00 in a research report on Tuesday, February 3rd. Freedom Capital upgraded BlackRock from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 23rd. JPMorgan Chase & Co. decreased their price target on BlackRock from $1,269.00 to $1,128.00 and set a “neutral” rating on the stock in a research report on Monday, April 13th. Finally, Morgan Stanley raised their price target on BlackRock from $1,368.00 to $1,393.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, BlackRock has a consensus rating of “Moderate Buy” and an average price target of $1,269.06.

BlackRock Stock Performance

BlackRock stock opened at $1,036.89 on Wednesday. BlackRock has a 12-month low of $917.39 and a 12-month high of $1,219.94. The company has a quick ratio of 4.09, a current ratio of 4.09 and a debt-to-equity ratio of 0.34. The business’s 50-day moving average price is $1,011.94 and its two-hundred day moving average price is $1,054.33. The stock has a market cap of $160.96 billion, a PE ratio of 26.03, a P/E/G ratio of 1.42 and a beta of 1.44.

BlackRock (NYSE:BLK) last released its earnings results on Tuesday, April 14th. The asset manager reported $12.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $6.56 billion. During the same quarter in the previous year, the business posted $9.64 earnings per share. The business’s revenue for the quarter was up 27.0% on a year-over-year basis. As a group, analysts expect that BlackRock will post 52.77 earnings per share for the current fiscal year.

About BlackRock

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.