Resona Asset Management Co. Ltd. Sells 2,538 Shares of BlackRock $BLK

Resona Asset Management Co. Ltd. trimmed its position in BlackRock (NYSE:BLK) by 5.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,224 shares of the asset manager’s stock after selling 2,538 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in BlackRock were worth $55,134,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of BLK. Norges Bank purchased a new position in shares of BlackRock during the 2nd quarter valued at $2,644,007,000. Laurel Wealth Advisors LLC boosted its stake in BlackRock by 105,267.4% during the second quarter. Laurel Wealth Advisors LLC now owns 1,705,899 shares of the asset manager’s stock valued at $1,789,915,000 after buying an additional 1,704,280 shares during the period. Franklin Resources Inc. grew its position in BlackRock by 72.5% during the second quarter. Franklin Resources Inc. now owns 2,005,358 shares of the asset manager’s stock worth $2,104,122,000 after buying an additional 842,901 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its stake in BlackRock by 1,962.0% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 792,494 shares of the asset manager’s stock worth $831,524,000 after acquiring an additional 754,060 shares during the last quarter. Finally, Parkside Financial Bank & Trust raised its holdings in shares of BlackRock by 29,043.2% in the 3rd quarter. Parkside Financial Bank & Trust now owns 245,094 shares of the asset manager’s stock valued at $285,748,000 after acquiring an additional 244,253 shares in the last quarter. Hedge funds and other institutional investors own 80.69% of the company’s stock.

BlackRock Stock Down 0.8%

BLK opened at $1,130.09 on Friday. BlackRock has a 12 month low of $773.74 and a 12 month high of $1,219.94. 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 business’s 50-day moving average price is $1,077.56 and its 200-day moving average price is $1,106.88. The company has a market cap of $175.33 billion, a P/E ratio of 31.91, a P/E/G ratio of 1.43 and a beta of 1.47.

BlackRock (NYSE:BLK) last posted its quarterly earnings results 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. The business had revenue of $6.33 billion for the quarter, compared to analyst estimates of $6.80 billion. BlackRock had a return on equity of 15.14% and a net margin of 22.93%.During the same period last year, the company earned $11.93 EPS. BlackRock’s revenue for the quarter was up 23.4% compared to the same quarter last year. On average, equities analysts expect that BlackRock will post 47.41 EPS 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 paid a $5.73 dividend. 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 annualized dividend and a dividend yield of 2.0%. BlackRock’s payout ratio is presently 58.84%.

Insiders Place Their Bets

In other BlackRock news, Director J. Richard Kushel sold 20,000 shares of the firm’s stock in a transaction on Wednesday, January 21st. The shares were sold at an average price of $1,125.00, for a total value of $22,500,000.00. Following the sale, the director owned 61,894 shares of the company’s stock, valued at $69,630,750. This trade represents a 24.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Martin Small sold 27,047 shares of the company’s stock in a transaction dated 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 transaction, the chief financial officer directly owned 10,557 shares of the company’s stock, valued at approximately $12,363,724.98. This trade represents a 71.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 48,305 shares of company stock valued at $55,488,396 over the last quarter. 1.98% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on BLK. Jefferies Financial Group reaffirmed a “buy” rating and issued a $1,351.00 target price on shares of BlackRock in a research note on Friday, January 16th. Evercore ISI decreased their price target on shares of BlackRock from $1,300.00 to $1,275.00 and set an “outperform” rating on the stock in a report on Monday, January 12th. Argus raised their price objective 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. Deutsche Bank Aktiengesellschaft upped their target price on shares of BlackRock from $1,296.00 to $1,380.00 in a research report on Thursday, January 15th. Finally, Barclays raised their price target on BlackRock from $1,300.00 to $1,350.00 and gave the company an “overweight” rating in a research report on Friday, January 16th. Fifteen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $1,314.71.

Key BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Rick Rieder, BlackRock’s CIO of Global Fixed Income, is being talked about as a frontrunner for U.S. Federal Reserve chair after public praise from President Trump — a nomination would raise BlackRock’s influence on policy and could benefit business lines sensitive to rates and Fed guidance. BlackRock’s Rick Rieder surges ahead in race to chair Federal Reserve
• Positive Sentiment: CEO Larry Fink’s Davos push for rapid tokenization and a “common blockchain” reinforces BlackRock’s product roadmap (e.g., BUIDL money-market token on Ethereum with >$2B TVL), supporting potential new fee-bearing AUM and competitive crypto custody flows. Ethereum Emerges As Likely Candidate In BlackRock Tokenization Vision – Here’s Why
• Positive Sentiment: On-chain activity consistent with institutional crypto adoption: BlackRock-linked wallets transferred large amounts of bitcoin and ether into Coinbase Prime, signaling operational movement toward custody and trading channels for crypto products. This supports potential inflows to related ETFs and products over time. BlackRock-linked wallets move over $430 million in bitcoin, ether to Coinbase Prime
• Positive Sentiment: BlackRock increased its stake in AngloGold Ashanti to just over 10% — a material equity position that signals active portfolio deployment and could deliver strategic or performance upside in commodities exposure. BlackRock Lifts Stake in AngloGold Ashanti to Just Over 10%
• Neutral Sentiment: Larry Fink’s broader Davos commentary (AI, inequality and markets) sets strategic narrative for the firm but is more about reputation and long-term positioning than an immediate earnings catalyst. BlackRock CEO Larry Fink: ‘What Happens to Everyone Else’ If AI Fuels Inequality?
• Neutral Sentiment: Routine portfolio disclosures: BlackRock adjusted holdings (e.g., BAWAG voting rights), reflecting normal active positioning rather than a direct AUM driver. Investors should treat these as portfolio-management signals. BlackRock Adjusts Stake in BAWAG Group to 5.83% of Voting Rights
• Negative Sentiment: Insider selling: CFO Martin Small sold ~27,000 shares (~$31.7M) in mid-January; while insider sales aren’t uncommon, the size of the transaction can spook short-term investors. SEC Form 4 — Martin Small sale
• Negative Sentiment: Short-term headwinds in crypto products: U.S. bitcoin ETFs posted net outflows recently, a drag on fee revenue tied to IBIT and other crypto strategies. Bitcoin ETFs Log Off — Outflows
• Negative Sentiment: Unconfirmed reports of a large BlackRock XRP purchase circulated in crypto media — a speculative noise item that could invite regulatory scrutiny or investor overreaction until verified. Unverified BlackRock XRP purchase reports

BlackRock 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.