SevenBridge Financial Group LLC Boosts Holdings in BlackRock $BLK

SevenBridge Financial Group LLC raised its position in BlackRock (NYSE:BLK) by 17.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 3,745 shares of the asset manager’s stock after acquiring an additional 553 shares during the quarter. SevenBridge Financial Group LLC’s holdings in BlackRock were worth $4,097,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. FAS Wealth Partners Inc. lifted its holdings in shares of BlackRock by 1.1% during the 2nd quarter. FAS Wealth Partners Inc. now owns 817 shares of the asset manager’s stock valued at $857,000 after purchasing an additional 9 shares during the last quarter. First Financial Bank Trust Division grew its stake in BlackRock by 0.5% during the 3rd quarter. First Financial Bank Trust Division now owns 1,794 shares of the asset manager’s stock worth $2,092,000 after buying an additional 9 shares during the last quarter. HM Payson & Co. grew its stake in BlackRock by 0.6% during the 3rd quarter. HM Payson & Co. now owns 1,444 shares of the asset manager’s stock worth $1,683,000 after buying an additional 9 shares during the last quarter. PUREfi Wealth LLC increased its position in BlackRock by 2.0% during the 3rd quarter. PUREfi Wealth LLC now owns 460 shares of the asset manager’s stock valued at $536,000 after buying an additional 9 shares in the last quarter. Finally, Montag A & Associates Inc. increased its position in BlackRock by 1.3% during the 2nd quarter. Montag A & Associates Inc. now owns 752 shares of the asset manager’s stock valued at $789,000 after buying an additional 10 shares in the last quarter. 80.69% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock announced a $100 million philanthropic initiative (Future Builders) to fund skilled‑trade training, positioning the firm to benefit from larger infrastructure spending and strengthening government/industry relationships. BlackRock Launches $100 Million Philanthropic Initiative
• Positive Sentiment: BlackRock has built a significant stake in Qiagen (reported >11% of voting rights), demonstrating active, selective equity positioning that could unlock upside if the firm engages strategically. BlackRock Builds Significant Stake in Qiagen
• Positive Sentiment: Crypto infrastructure link: a new USSD stablecoin launch cites U.S. Treasury backing held with funds including BlackRock, highlighting demand for BlackRock custody/treasury products in emerging crypto use cases. Sonic Labs Launches USSD
• Neutral Sentiment: Analysts are fine‑tuning assumptions: a small fair‑value tweak (from ~$1,328 to ~$1,321) reflects nuanced changes to flows, margins and target multiples rather than a sentiment reversal. This explains part of today’s recalibration. How The BlackRock (BLK) Story Is Shifting As Analysts Rework Targets And Assumptions
• Neutral Sentiment: BlackRock executives/commentary (markets and macro views) remain in the public eye, but these remarks are background macro color rather than direct catalysts for BLK stock. Markets Showing Immutable Laws in Action on Iran, Says BlackRock’s Wei Li
• Negative Sentiment: Sector stress: redemption requests above 7% at Cliffwater’s $33B private credit fund highlight liquidity strains in private credit — a space where BlackRock has meaningful exposure and fee sensitivity; investor caution there can pressure fee growth and valuations. Cliffwater’s $33B Private Credit Fund Faces Redemption Requests Exceeding 7%
• Negative Sentiment: Analyst target cuts (Evercore and others trimmed targets after early February flow reviews) signal tangible concerns about near‑term net flows and margin pressure — a key driver of today’s weakness. BlackRock (BLK) Price Target Reduced by Evercore ISI

Wall Street Analyst Weigh In

Several brokerages have weighed in on BLK. BNP Paribas Exane raised their price target on BlackRock from $1,290.00 to $1,300.00 and gave the stock an “outperform” rating in a report on Thursday, January 15th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of BlackRock from $1,296.00 to $1,380.00 in a report on Thursday, January 15th. Morgan Stanley lifted their target price 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. Jefferies Financial Group reissued a “buy” rating and set a $1,351.00 target price on shares of BlackRock in a research report on Friday, January 16th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, BlackRock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,308.89.

Insider Buying and Selling at BlackRock

In other news, Director Stephen Cohen sold 225 shares of the company’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $1,069.56, for a total value of $240,651.00. Following the sale, the director directly owned 5,661 shares of the company’s stock, valued at $6,054,779.16. This represents a 3.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director J. Richard Kushel sold 385 shares of the 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 in the company, valued at $3,618,174.85. The trade was a 10.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 111,319 shares of company stock valued at $123,999,249. 1.98% of the stock is currently owned by insiders.

BlackRock Stock Down 1.7%

Shares of BLK stock opened at $951.36 on Thursday. The stock’s 50-day simple moving average is $1,081.96 and its 200-day simple moving average is $1,095.55. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.98 and a current ratio of 2.98. The firm has a market capitalization of $147.98 billion, a PE ratio of 26.86, a P/E/G ratio of 1.23 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) last announced its quarterly earnings data on Thursday, January 15th. The asset manager reported $13.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.55 by $0.61. BlackRock had a return on equity of 14.78% and a net margin of 22.93%.The firm had revenue of $7.01 billion during the quarter, compared to analysts’ expectations of $6.80 billion. During the same period last year, the business posted $11.93 earnings per share. The company’s revenue for the quarter was up 23.4% compared to the same quarter last year. Equities analysts expect that BlackRock will post 47.41 earnings per share for the current year.

BlackRock Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Friday, March 6th will be given a dividend of $5.73 per share. The ex-dividend date of this dividend is Friday, March 6th. This represents a $22.92 dividend on an annualized basis and a yield of 2.4%. This is a boost from BlackRock’s previous quarterly dividend of $5.21. BlackRock’s payout ratio is 64.71%.

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.