Scott & Selber Inc. Invests $2.64 Million in BlackRock $BLK

Scott & Selber Inc. acquired a new stake in BlackRock (NYSE:BLK) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,262 shares of the asset manager’s stock, valued at approximately $2,637,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pacifica Partners Inc. lifted its position in shares of BlackRock by 450.0% during the 3rd quarter. Pacifica Partners Inc. now owns 22 shares of the asset manager’s stock valued at $25,000 after acquiring an additional 18 shares during the period. TruNorth Capital Management LLC grew its holdings in shares of BlackRock by 1,000.0% in the 3rd quarter. TruNorth Capital Management LLC now owns 22 shares of the asset manager’s stock worth $26,000 after acquiring an additional 20 shares during the period. Traub Capital Management LLC purchased a new position in BlackRock in the 2nd quarter valued at approximately $28,000. Whipplewood Advisors LLC raised its holdings in 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 purchasing an additional 15 shares during the last quarter. Finally, Creekmur Asset Management LLC boosted its position in BlackRock by 87.5% during the second 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 currently owned by institutional investors and hedge funds.

BlackRock Trading Up 0.7%

NYSE BLK opened at $1,164.72 on Tuesday. The company has a market cap of $180.71 billion, a P/E ratio of 32.88, a P/E/G ratio of 1.68 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 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 has a 50-day moving average of $1,073.47 and a 200-day moving average of $1,105.89.

BlackRock (NYSE:BLK) last released 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. The firm had revenue of $7.01 billion during 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%. BlackRock’s revenue was up 23.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $11.93 earnings per share. As a group, equities analysts predict that BlackRock will post 47.41 earnings per share for the current year.

BlackRock Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Friday, March 6th will be given a $5.73 dividend. This is an increase from BlackRock’s previous quarterly dividend of $5.21. The ex-dividend date of this dividend is Friday, March 6th. This represents a $22.92 annualized dividend and a dividend yield of 2.0%. BlackRock’s dividend payout ratio is 58.84%.

Insiders Place Their Bets

In other BlackRock news, CFO Martin Small sold 1,258 shares of the business’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $1,043.38, for a total transaction of $1,312,572.04. Following the completion of the sale, the chief financial officer owned 6,209 shares of the company’s stock, valued at approximately $6,478,346.42. The trade was a 16.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.98% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on BLK shares. Keefe, Bruyette & Woods raised their price target on BlackRock from $1,310.00 to $1,340.00 and gave the company an “outperform” rating in a research report on Friday. Wall Street Zen upgraded shares of BlackRock from a “sell” rating to a “hold” rating in a report on Saturday. Bank of America lifted their target price on shares of BlackRock from $1,456.00 to $1,464.00 in a research report on Wednesday, December 10th. Argus increased their price target on shares of BlackRock from $1,165.00 to $1,330.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $1,313.00 price objective on shares of BlackRock in a research report on Tuesday, December 9th. Fifteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, BlackRock currently has an average rating of “Moderate Buy” and an average target price of $1,314.71.

Trending Headlines about BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Jim Cramer gave an emphatic bullish endorsement for BlackRock on-air, which can drive short-term retail buying and sentiment momentum. Read More.
• Positive Sentiment: An analyst price target was raised to $1,550, signaling stronger sell‑side conviction after BlackRock’s latest beats and helping justify higher valuation multiples. Read More.
• Positive Sentiment: BlackRock reported record assets under management and revenue growth in recent results, backing durable fee income and EPS upside. This underpins the bullish analyst action and investor optimism. Read More.
• Positive Sentiment: Spot Bitcoin ETF flows remain strong and BlackRock’s iShares Bitcoin Trust (IBIT) led inflows in recent weeks, boosting fee revenue prospects and drawing institutional attention to BlackRock’s ETF franchise. Read More.
• Positive Sentiment: Media reports that prominent investors shifted into spot Bitcoin ETFs (benefitting IBIT) reinforce demand narratives for BlackRock’s ETFs and may attract more flows. Read More.
• Positive Sentiment: BlackRock CIO Rick Rieder is being reported as a finalist for the Federal Reserve chair role — a development that raises the firm’s profile and could be seen as positive for BlackRock’s industry influence. Read More.
• Neutral Sentiment: BlackRock Canada announced routine January cash distributions for iShares ETFs listed in Canada — expected, regular payouts that have limited market-moving impact. Read More.
• Neutral Sentiment: Orion Corporation disclosed BlackRock crossed a 5% ownership threshold — a standard regulatory filing reflecting position size, not an operational change. Read More.
• Negative Sentiment: The company’s strategic update mentioned job cuts alongside restructuring — a potential near-term cost but also a signal of execution risk and one-time charges that investors will watch. Read More.

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.