BlackRock $BLK Shares Sold by Rhumbline Advisers

Rhumbline Advisers reduced its position in BlackRock (NYSE:BLK) by 1.6% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 247,095 shares of the asset manager’s stock after selling 4,025 shares during the quarter. Rhumbline Advisers’ holdings in BlackRock were worth $288,081,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Westerkirk Capital Inc. acquired a new stake in BlackRock during the second quarter worth approximately $2,877,000. Police & Firemen s Retirement System of New Jersey boosted its stake in BlackRock by 7.9% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 23,167 shares of the asset manager’s stock worth $24,308,000 after purchasing an additional 1,693 shares during the period. Investment Research & Advisory Group Inc. purchased a new position in shares of BlackRock during the third quarter worth about $6,201,000. Lingohr Asset Management GmbH purchased a new position in BlackRock in the 3rd quarter valued at $700,000. Finally, California Public Employees Retirement System boosted its holdings in shares of BlackRock by 8.2% in the second quarter. California Public Employees Retirement System now owns 256,937 shares of the asset manager’s stock valued at $269,591,000 after acquiring an additional 19,404 shares in the last quarter. Institutional investors and hedge funds own 80.69% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Argus raised their target price on BlackRock from $1,165.00 to $1,330.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. Jefferies Financial Group reiterated a “buy” rating and set a $1,351.00 target price on shares of BlackRock in a report on Friday, January 16th. Morgan Stanley boosted their price objective 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. Bank of America raised their price target on BlackRock from $1,456.00 to $1,464.00 in a research note on Wednesday, December 10th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of BlackRock from $1,296.00 to $1,380.00 in a research note on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,311.11.

BlackRock News Roundup

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Board-approved dividend raise (nearly 10%) signals management confidence and boosts yield appeal to income investors; payable Mar 24, record date Mar 6. BlackRock Dividend Increase
• Positive Sentiment: Texas judge struck down a state law blacklisting ESG-focused firms — reduces a regulatory overhang and could help preserve BlackRock’s ability to market ESG products across states. Rejection of Texas law blacklisting ‘woke’ BlackRock could challenge anti-ESG laws in other states
• Neutral Sentiment: BlackRock presented at the Bank of America Financial Services Conference — investor Q&A and management commentary can provide incremental clarity on flows, product strategy and margin outlook but no headline surprises reported. BlackRock, Inc. (BLK) Presents at Bank of America Financial Services Conference 2026 Transcript
• Neutral Sentiment: Regulatory filings show BlackRock reduced or disclosed sub‑5% stakes in some overseas names (SiteMinder, BAWAG, Stora Enso). Routine portfolio rebalancing; limited direct impact on BLK fundamentals. BlackRock Ceases to Be Substantial Holder in SiteMinder
• Negative Sentiment: WSJ reports a $400M loan wipeout at BlackRock’s HPS unit after fake invoices — highlights credit and operational risks in private‑credit lending and could raise questions about underwriting / controls and loss provisioning. How Fake Invoices Duped BlackRock Unit Into a $400 Million Loan
• Negative Sentiment: Investors sued BlackRock executives alleging collusion over climate-related decisions — legal risk and potential reputational cost; outcome and materiality remain uncertain but it invites scrutiny. BlackRock execs hit with investor lawsuit over alleged climate collusion
• Negative Sentiment: Short interest rose ~22% in January to ~1.5M shares (≈1.0% of float) — higher short activity can add selling pressure or volatility in near term, though short ratio is still modest (~2 days). (Data release)
• Negative Sentiment: Notice about a securities‑fraud class action involving BlackRock TCP Capital (TCPC) with an April 6 filing deadline — potential legal exposure for the TCP vehicle; indirect reputational and litigation risk for BlackRock’s managed-products franchise. Deadline Alert: BlackRock TCP Capital Corp. (TCPC) Shareholders …

Insider Transactions at BlackRock

In other news, CFO Martin Small sold 27,047 shares of the company’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $1,171.14, for a total transaction of $31,675,823.58. Following the completion of the transaction, the chief financial officer directly owned 10,557 shares of the company’s stock, valued at approximately $12,363,724.98. This represents a 71.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director J. Richard Kushel sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $1,125.00, for a total value of $22,500,000.00. Following the completion of the sale, the director directly owned 61,894 shares in the company, valued at approximately $69,630,750. This trade represents a 24.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 48,305 shares of company stock worth $55,488,396. Insiders own 1.98% of the company’s stock.

BlackRock Stock Performance

Shares of BLK opened at $1,086.77 on Wednesday. The company has a quick ratio of 3.33, a current ratio of 3.33 and a debt-to-equity ratio of 0.34. The business’s 50 day moving average is $1,093.86 and its two-hundred day moving average is $1,106.67. The firm has a market cap of $168.61 billion, a price-to-earnings ratio of 30.68, a PEG ratio of 1.35 and a beta of 1.47. BlackRock has a 52-week low of $773.74 and a 52-week high of $1,219.94.

BlackRock (NYSE:BLK) last issued its earnings results on Thursday, January 15th. The asset manager reported $13.16 EPS for the quarter, topping the consensus estimate of $12.55 by $0.61. The company had revenue of $6.33 billion during 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%.The business’s revenue was up 23.4% on a year-over-year basis. During the same quarter last year, the firm earned $11.93 EPS. Analysts forecast that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Friday, March 6th will be issued a dividend of $5.73 per share. This represents a $22.92 dividend on an annualized basis and a dividend yield of 2.1%. This is a positive change from BlackRock’s previous quarterly dividend of $5.21. The ex-dividend date of this dividend is Friday, March 6th. BlackRock’s dividend payout ratio is currently 58.84%.

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.