Canada Post Corp Registered Pension Plan Raises Stock Holdings in BlackRock $BLK

Canada Post Corp Registered Pension Plan raised its stake in BlackRock (NYSE:BLK) by 122.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,379 shares of the asset manager’s stock after purchasing an additional 2,962 shares during the period. Canada Post Corp Registered Pension Plan’s holdings in BlackRock were worth $6,323,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Pacifica Partners Inc. raised its stake in shares of BlackRock by 450.0% during the 3rd quarter. Pacifica Partners Inc. now owns 22 shares of the asset manager’s stock worth $25,000 after acquiring an additional 18 shares in the last quarter. TruNorth Capital Management LLC grew its holdings in BlackRock by 1,000.0% in 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. Traub Capital Management LLC acquired a new position in shares of BlackRock during the second quarter worth $28,000. Whipplewood Advisors LLC lifted its holdings in shares of BlackRock by 107.1% during the 2nd quarter. Whipplewood Advisors LLC now owns 29 shares of the asset manager’s stock valued at $30,000 after purchasing an additional 15 shares during the last quarter. Finally, Creekmur Asset Management LLC boosted its position in shares of BlackRock by 87.5% in the 2nd quarter. Creekmur Asset Management LLC now owns 30 shares of the asset manager’s stock worth $32,000 after purchasing an additional 14 shares in the last quarter. 80.69% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at BlackRock

In other news, CFO Martin Small sold 27,047 shares of BlackRock stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $1,171.14, for a total transaction of $31,675,823.58. Following the completion of the transaction, the chief financial officer directly owned 10,557 shares of the company’s stock, valued at $12,363,724.98. The trade was a 71.93% 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 J. Richard Kushel sold 20,000 shares of the business’s stock in a transaction on Wednesday, January 21st. The shares were sold at an average price of $1,125.00, for a total transaction of $22,500,000.00. Following the completion of the transaction, the director owned 61,894 shares of the company’s stock, valued at approximately $69,630,750. This represents a 24.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 48,305 shares of company stock valued at $55,488,396. 1.98% of the stock is owned by company insiders.

BlackRock Stock Up 0.1%

BLK stock opened at $1,055.62 on Friday. The company has a market capitalization of $163.78 billion, a P/E ratio of 29.80, a price-to-earnings-growth ratio of 1.32 and a beta of 1.47. BlackRock has a 12 month low of $773.74 and a 12 month high of $1,219.94. The firm’s fifty day simple moving average is $1,092.08 and its 200-day simple moving average is $1,107.25. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.33 and a quick ratio of 3.33.

BlackRock (NYSE:BLK) last posted its earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share (EPS) for the quarter, beating 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 company had revenue of $6.33 billion during the quarter, compared to the consensus estimate of $6.80 billion. During the same period in the previous year, the firm posted $11.93 earnings per share. The firm’s quarterly revenue was up 23.4% on a year-over-year basis. As a group, equities research analysts forecast that BlackRock will post 47.41 earnings per share for the current year.

BlackRock Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Friday, March 6th will be issued a dividend of $5.73 per share. This represents a $22.92 annualized dividend and a yield of 2.2%. This is a positive change from BlackRock’s previous quarterly dividend of $5.21. The ex-dividend date of this dividend is Friday, March 6th. BlackRock’s dividend payout ratio is 58.84%.

Analysts Set New Price Targets

Several research analysts recently issued reports on BLK shares. Argus upped their target price on BlackRock from $1,165.00 to $1,330.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. Freedom Capital upgraded shares of BlackRock from a “hold” rating to a “strong-buy” rating in a report on Friday, January 23rd. Jefferies Financial Group reiterated a “buy” rating and issued a $1,351.00 target price on shares of BlackRock in a research note on Friday, January 16th. The Goldman Sachs Group restated a “buy” rating and set a $1,313.00 price target on shares of BlackRock in a research note on Tuesday, December 9th. Finally, Keefe, Bruyette & Woods raised their price target on shares of BlackRock from $1,310.00 to $1,340.00 and gave the stock an “outperform” rating in a report on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, BlackRock presently has a consensus rating of “Moderate Buy” and an average price target of $1,311.11.

Key Stories Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock’s fixed‑income CIO Rick Rieder said emerging markets look “very attractive” as AI reshapes markets — comments that signal potential portfolio shifts and product marketing that could boost EM flows. Read More.
• Positive Sentiment: BlackRock increased an active stake in Archer Aviation (~8.1%), showing the firm is deploying capital into growth/innovative sectors — a move that highlights BlackRock’s trading and strategic investment activity beyond passive ETF management. Read More.
• Positive Sentiment: Product demand: coverage highlights demand for BlackRock fixed‑income/iShares ETFs that offer 4%+ income and growing interest in tokenized real‑world asset (RWA) products — both support fee revenue diversification. Read More.
• Positive Sentiment: RWA flows: Ondo Finance moved capital into BlackRock’s BUIDL fund, underscoring institutional appetite for tokenized treasury/RWA products that can expand BlackRock’s product suite and AUM. Read More.
• Neutral Sentiment: BlackRock notified BAWAG Group that it raised its stake above 5.8% — a passive/strategic holding that may matter for BAWAG but is unlikely to move BLK’s broad revenue picture materially. Read More.
• Negative Sentiment: IBIT experienced record daily trading ($10B) during a severe Bitcoin selloff; the ETF fell double digits on the day — extreme volatility drives trading but also price losses and short‑term outflows that can pressure fee income and sentiment around crypto products. Read More.
• Negative Sentiment: Wider crypto stress: reports show historic Bitcoin drawdown, elevated implied vol, forced liquidations and multi‑fund outflows (~$545M across U.S. spot Bitcoin ETFs), which may weigh on flows into BlackRock’s crypto product suite in the near term. Read More.

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.