BlackRock (NYSE:BLK) Director Sells $2,339,962.73 in Stock

BlackRock (NYSE:BLK) Director Stephen Cohen sold 2,179 shares of the business’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $1,073.87, for a total value of $2,339,962.73. Following the transaction, the director directly owned 6,543 shares of the company’s stock, valued at $7,026,331.41. This trade represents a 24.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

BlackRock Price Performance

BlackRock stock traded up $15.96 during midday trading on Friday, reaching $1,071.59. The company’s stock had a trading volume of 669,091 shares, compared to its average volume of 809,789. The company has a current ratio of 3.33, a quick ratio of 3.33 and a debt-to-equity ratio of 0.34. The stock has a market cap of $166.26 billion, a PE ratio of 30.25, a price-to-earnings-growth ratio of 1.36 and a beta of 1.47. BlackRock has a 52 week low of $773.74 and a 52 week high of $1,219.94. The business has a 50-day moving average price of $1,093.52 and a 200-day moving average price of $1,106.15.

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, beating analysts’ consensus estimates of $12.55 by $0.61. The company had revenue of $6.33 billion for the quarter, compared to the consensus estimate of $6.80 billion. BlackRock had a net margin of 22.93% and a return on equity of 15.14%. The firm’s quarterly revenue was up 23.4% compared to the same quarter last year. During the same period last year, the company posted $11.93 EPS. On average, sell-side analysts predict that BlackRock will post 47.41 EPS for the current year.

BlackRock Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Friday, March 6th will be paid a dividend of $5.73 per share. The ex-dividend date of this dividend is Friday, March 6th. This is a boost from BlackRock’s previous quarterly dividend of $5.21. This represents a $22.92 dividend on an annualized basis and a dividend yield of 2.1%. BlackRock’s payout ratio is presently 64.71%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Evercore reduced their price objective on BlackRock from $1,300.00 to $1,275.00 and set an “outperform” rating on the stock in a research report on Monday, January 12th. UBS Group set a $1,280.00 price objective on shares of BlackRock in a report on Friday, January 16th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of BlackRock from $1,296.00 to $1,380.00 in a research report on Thursday, January 15th. Morgan Stanley upped their price target on shares of BlackRock from $1,514.00 to $1,550.00 and gave the company an “overweight” rating in a research report on Friday, January 16th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $1,313.00 price target on shares of BlackRock in a research note on Tuesday, December 9th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,311.11.

BlackRock News Roundup

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock formally expanded into DeFi by listing its tokenized Treasury fund (BUIDL) on Uniswap and enabling on‑chain trading — a strategic move that broadens distribution channels for BlackRock’s digital‑asset products and could support future fee/AUM growth. Read More.
• Positive Sentiment: Income and earnings fundamentals: company reporting and corporate actions (recent EPS beat and an increased quarterly dividend to $5.73) provide support for income‑oriented investors and justify parts of the stock’s elevated multiple. Read More.
• Neutral Sentiment: 13F / portfolio moves: recent SEC filings show large BlackRock fund repositioning (additions to IVV, MSFT, GOOGL, AMZN and new sizable positions in tickers like Q, SOLS, LXP) — signals scale and active management but are informational about fund flows rather than an immediate BLK earnings driver. Read More.
• Neutral Sentiment: Routine ownership disclosures: filings around a ~5% voting stake in BAWAG Group were posted — standard large‑investor activity with limited direct impact on BlackRock’s core management fees. Read More.
• Negative Sentiment: Insider selling: COO Robert Goldstein executed sizeable open‑market sales (Feb. 10–11; Form 4 filed). Large insider sales can weigh on near‑term sentiment even when they’re for diversification or tax planning. Read More.
• Negative Sentiment: Reported private‑credit loss: a WSJ report about a ~$400M loss linked to fake invoices in a BlackRock unit highlights execution and due‑diligence risk in private markets and can pressure the multiple investors assign to alternatives. Read More.
• Negative Sentiment: Crypto headwinds: weakening crypto prices, ETF outflows and reports that some BlackRock crypto portfolios have trimmed BTC/ETH exposure could limit near‑term AUM and fee growth from digital‑asset offerings despite the Uniswap announcement. Read More.

Institutional Investors Weigh In On BlackRock

Several large investors have recently modified their holdings of BLK. Pacifica Partners Inc. raised its position in shares of BlackRock by 450.0% in 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 increased 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 in the last quarter. Evolution Wealth Management Inc. bought a new stake in BlackRock in the fourth quarter worth approximately $26,000. Traub Capital Management LLC bought a new position in shares of BlackRock during the 2nd quarter worth approximately $28,000. Finally, Whipplewood Advisors LLC increased its stake in shares of BlackRock by 107.1% in the 2nd quarter. Whipplewood Advisors LLC now owns 29 shares of the asset manager’s stock valued at $30,000 after acquiring an additional 15 shares in the last quarter. 80.69% of the stock is currently owned by institutional investors and hedge funds.

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.