Chevy Chase Trust Holdings LLC Has $90.98 Million Holdings in BlackRock $BLK

Chevy Chase Trust Holdings LLC decreased its position in shares of BlackRock (NYSE:BLK) by 4.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 78,035 shares of the asset manager’s stock after selling 3,457 shares during the quarter. Chevy Chase Trust Holdings LLC’s holdings in BlackRock were worth $90,979,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of BLK. Clark Capital Management Group Inc. lifted its holdings in shares of BlackRock by 1.5% in the 3rd quarter. Clark Capital Management Group Inc. now owns 76,665 shares of the asset manager’s stock worth $89,382,000 after purchasing an additional 1,097 shares in the last quarter. Ausdal Financial Partners Inc. increased its stake in BlackRock by 13.2% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 1,074 shares of the asset manager’s stock valued at $1,252,000 after purchasing an additional 125 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. increased its stake in BlackRock by 21.3% during the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 4,967 shares of the asset manager’s stock valued at $5,790,000 after purchasing an additional 871 shares in the last quarter. California Public Employees Retirement System raised its holdings in BlackRock by 5.6% during the third quarter. California Public Employees Retirement System now owns 271,427 shares of the asset manager’s stock worth $316,449,000 after buying an additional 14,490 shares during the last quarter. Finally, Chilton Investment Co. Inc. lifted its stake in shares of BlackRock by 67.6% in the third quarter. Chilton Investment Co. Inc. now owns 5,029 shares of the asset manager’s stock valued at $5,863,000 after buying an additional 2,028 shares in the last quarter. 80.69% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on BLK shares. Jefferies Financial Group reiterated a “buy” rating and set a $1,351.00 price objective on shares of BlackRock in a report on Friday, January 16th. TD Cowen cut shares of BlackRock from a “buy” rating to a “hold” rating in a research report on Wednesday, January 14th. The Goldman Sachs Group reiterated a “buy” rating and set a $1,313.00 price target on shares of BlackRock in a research note on Tuesday, December 9th. JPMorgan Chase & Co. boosted their price objective on BlackRock from $1,244.00 to $1,267.00 and gave the stock a “neutral” rating in a report on Friday, January 9th. Finally, CICC Research increased their price objective on BlackRock from $1,000.00 to $1,250.00 in a research note on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, BlackRock presently has an average rating of “Moderate Buy” and an average target price of $1,308.89.

BlackRock News Summary

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Launch of iShares Staked Ethereum Trust (ETHB) expands BlackRock’s crypto product lineup and produced a solid debut (~$15.5M day‑one volume), a positive revenue/flows catalyst if assets scale. BlackRock’s New Staked Ethereum ETF (ETHB) Sees ‘Very, Very Solid’ $15.5 Million Debut, Says Analyst
• Positive Sentiment: Crypto market coverage notes whale ETH accumulation alongside the ETHB launch — bullish for BlackRock’s digital asset distribution and potential fee/flow growth. Ethereum (ETH) Sees Major Whale Buying as BlackRock Launches Staked ETF Product
• Positive Sentiment: Market reaction to BlackRock CIO calls (and related portfolio positioning) has helped lift some sector indices (clean energy) — indicative of the firm’s market influence and potential to drive ETF flows. Clean Energy Index Jumps 61% After BlackRock CIO’s Contrarian Call
• Neutral Sentiment: Regulatory disclosures show BlackRock holds ~10–11% capital/voting stakes in Qiagen — a standard large‑holder filing that is notable but not an immediate company revenue driver. BlackRock Reports 10.6% Capital and 11.8% Voting Stake in Qiagen
• Neutral Sentiment: BlackRock Canada announced index/methodology changes to three CAD‑hedged iShares funds — routine product updates with limited near‑term impact on BLK’s consolidated results. BlackRock® Canada Announces Product Changes
• Negative Sentiment: Private‑credit stress: reporting that Morgan Stanley and BlackRock capped/limited withdrawals in some private‑credit vehicles has pressured asset managers and sparked concerns about redemptions, markdowns and fee revenue risk. This is a near‑term negative for BLK if private‑credit flows and valuations deteriorate. Exclusive: Morgan Stanley and BlackRock limit withdrawals—is private credit gating a crisis or market ‘stabilizer’?
• Negative Sentiment: Market reaction: coverage highlights a BLK share pullback alongside weakness in private‑credit peers, signaling investor concern about the sector’s spillover to large asset managers. BlackRock Stock Slide As Private Credit Firms Tumble
• Negative Sentiment: Investor litigation alert: Pomerantz LLP is investigating claims on behalf of BlackRock investors — potential legal/PR risk that could distract management and create uncertainty. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of BlackRock, Inc. – BLK

BlackRock Stock Down 0.0%

BlackRock stock opened at $922.79 on Friday. BlackRock has a fifty-two week low of $773.74 and a fifty-two week high of $1,219.94. 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’s 50-day simple moving average is $1,075.75 and its 200 day simple moving average is $1,092.52. The stock has a market cap of $143.53 billion, a PE ratio of 26.05, a price-to-earnings-growth ratio of 1.18 and a beta of 1.48.

BlackRock (NYSE:BLK) last posted its quarterly earnings data on Thursday, January 15th. The asset manager reported $13.16 EPS for the quarter, beating the consensus estimate of $12.55 by $0.61. BlackRock had a net margin of 22.93% and a return on equity of 14.78%. The firm had revenue of $7.01 billion during the quarter, compared to analyst estimates of $6.80 billion. During the same quarter last year, the business posted $11.93 EPS. The company’s revenue for the quarter was up 23.4% on a year-over-year basis. Research analysts predict that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Investors 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 is a positive change from BlackRock’s previous quarterly dividend of $5.21. This represents a $22.92 dividend on an annualized basis and a dividend yield of 2.5%. BlackRock’s dividend payout ratio (DPR) is 64.71%.

Insiders Place Their Bets

In other BlackRock news, CFO Martin Small sold 27,047 shares of the company’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $1,171.14, for a total value of $31,675,823.58. Following the completion of the transaction, the chief financial officer owned 10,557 shares in the company, valued at $12,363,724.98. This represents a 71.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Stephen Cohen sold 225 shares of the firm’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 approximately $6,054,779.16. This represents a 3.82% 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 111,319 shares of company stock valued at $123,999,249. Insiders own 1.98% of the company’s stock.

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.