BlackRock $BLK Shares Bought by HB Wealth Management LLC

HB Wealth Management LLC raised its holdings in BlackRock (NYSE:BLK) by 27.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,975 shares of the asset manager’s stock after buying an additional 1,727 shares during the period. HB Wealth Management LLC’s holdings in BlackRock were worth $9,299,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of BLK. Pacifica Partners Inc. boosted its holdings in 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 period. TruNorth Capital Management LLC raised its position in BlackRock by 1,000.0% in the 3rd quarter. TruNorth Capital Management LLC now owns 22 shares of the asset manager’s stock valued at $26,000 after purchasing an additional 20 shares in the last quarter. Garde Capital Inc. boosted its stake in shares of BlackRock by 200.0% in the 2nd quarter. Garde Capital Inc. now owns 27 shares of the asset manager’s stock valued at $28,000 after buying an additional 18 shares during the period. Traub Capital Management LLC purchased a new position in shares of BlackRock in the 2nd quarter valued at about $28,000. Finally, Whipplewood Advisors LLC grew its position in shares of BlackRock by 107.1% during the second quarter. Whipplewood Advisors LLC now owns 29 shares of the asset manager’s stock worth $30,000 after buying an additional 15 shares in the last quarter. Hedge funds and other institutional investors own 80.69% of the company’s stock.

Key BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Large, visible crypto accumulation and custody activity — signals of strong ETF/AUM flows and institutional crypto engagement. BlackRock’s Bitcoin Buying Spree: $878M Accumulated in 3 Straight Days
• Positive Sentiment: Targeted transfers to prime custody suggest active provisioning for client flows — $276M BTC and $83M ETH moved to Coinbase Prime, reinforcing operational scale in digital asset services. BlackRock sends $276M in Bitcoin and $83M in Ethereum to Coinbase Prime
• Positive Sentiment: BlackRock leadership frames crypto adoption as early-stage, implying long runway for product expansion and investor demand for Bitcoin/Ethereum ETPs. BlackRock ETF Chief Says ‘Still Very Early Days’ For Bitcoin, Ethereum
• Positive Sentiment: Progress on tokenization: Jupiter’s JupUSD stablecoin uses reserves tied to BlackRock’s tokenized BUIDL fund — a sign BLK’s institutional token initiatives are being used in markets. Jupiter Exchange Launches JupUSD Stablecoin with BlackRock-Backed Reserves
• Positive Sentiment: Company pushback on a policy-driven rumor: BlackRock publicly clarified it does not buy single-family homes after a Trump proposal triggered market moves — reduces misattribution risk. EXCLUSIVE: BlackRock Says It Does Not Buy Single-Family Homes After Trump Proposal
• Neutral Sentiment: Analyst note: Keefe, Bruyette & Woods trimmed BlackRock’s price target slightly but kept an Outperform rating — a mild re‑calibration rather than a negative shift in view. Keefe, Bruyette & Woods Lowers Price Target on BlackRock
• Neutral Sentiment: Earnings setup: analysts expect revenue/earnings growth into the upcoming report — a factor that could amplify moves depending on the actual print. BlackRock (BLK) Earnings Expected to Grow: Should You Buy?
• Neutral Sentiment: Regulatory/holding notices: routine filings show stake adjustments in smaller issuers (Orion), not an immediate signal about core business. Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securities Market Act (BlackRock, Inc.)
• Negative Sentiment: Political risk resurfaced: Trump’s vow to curb institutional homebuyers pressured real‑estate–related stocks and briefly pulled on sentiment toward firms perceived as large landlords. Trump Targets Wall Street Homebuyers: Why BlackRock, Blackstone Are Feeling The Heat
• Negative Sentiment: Media confusion between BlackRock and Blackstone revived headlines and volatility — short-term noise that can amplify intraday swings. Housing proposal revives BlackRock–Blackstone mix-up as markets weigh potential impact

BlackRock Price Performance

Shares of NYSE:BLK opened at $1,087.74 on Friday. BlackRock has a 12 month low of $773.74 and a 12 month high of $1,219.94. The firm has a market capitalization of $168.76 billion, a P/E ratio of 27.97, a P/E/G ratio of 1.51 and a beta of 1.47. 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 company’s fifty day moving average price is $1,067.03 and its 200 day moving average price is $1,100.94.

BlackRock (NYSE:BLK) last issued its quarterly earnings data on Tuesday, October 14th. The asset manager reported $11.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.78 by ($0.23). BlackRock had a return on equity of 14.80% and a net margin of 26.64%.The firm had revenue of $6.51 billion for the quarter, compared to analysts’ expectations of $6.22 billion. During the same period in the previous year, the business posted $11.46 EPS. The business’s revenue for the quarter was up 25.2% compared to the same quarter last year. As a group, sell-side analysts predict that BlackRock will post 47.41 earnings per share for the current fiscal year.

BlackRock Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Friday, December 5th were given a dividend of $5.21 per share. The ex-dividend date of this dividend was Friday, December 5th. This represents a $20.84 annualized dividend and a yield of 1.9%. BlackRock’s payout ratio is 53.59%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. TD Cowen raised their target price on shares of BlackRock from $1,301.00 to $1,407.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. Keefe, Bruyette & Woods dropped their price objective on shares of BlackRock from $1,322.00 to $1,310.00 and set an “outperform” rating on the stock in a research report on Thursday. UBS Group initiated coverage on shares of BlackRock in a report on Thursday, December 11th. They issued a “neutral” rating and a $1,180.00 price objective on the stock. JPMorgan Chase & Co. boosted their target price on shares of BlackRock from $1,093.00 to $1,242.00 and gave the stock a “neutral” rating in a research note on Thursday, October 2nd. Finally, Barclays dropped their target price on BlackRock from $1,340.00 to $1,300.00 and set an “overweight” rating on the stock in a report on Thursday. Seventeen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, BlackRock has a consensus rating of “Moderate Buy” and a consensus target price of $1,313.12.

Insider Buying and Selling

In related news, CFO Martin Small sold 1,258 shares of the company’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $1,043.38, for a total value of $1,312,572.04. Following the completion of the sale, the chief financial officer owned 6,209 shares in the company, valued at $6,478,346.42. This represents a 16.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Rachel Lord sold 12,000 shares of the firm’s stock in a transaction on Monday, October 20th. The stock was sold at an average price of $1,165.04, for a total transaction of $13,980,480.00. Following the transaction, the director directly owned 7,205 shares in the company, valued at $8,394,113.20. The trade was a 62.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.98% of the stock is currently owned by 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.