BlackRock (NYSE:BLK) COO Robert Goldstein Sells 5,293 Shares

BlackRock (NYSE:BLK) COO Robert Goldstein sold 5,293 shares of the stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $1,084.22, for a total value of $5,738,776.46. Following the sale, the chief operating officer owned 46,185 shares of the company’s stock, valued at approximately $50,074,700.70. This represents a 10.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

BlackRock Stock Down 2.5%

Shares of BLK stock opened at $1,055.33 on Friday. The stock’s fifty day moving average price is $1,093.52 and its 200 day moving average price is $1,106.15. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.33 and a quick ratio of 3.33. BlackRock has a 1-year low of $773.74 and a 1-year high of $1,219.94. The company has a market cap of $163.73 billion, a price-to-earnings ratio of 29.79, a price-to-earnings-growth ratio of 1.36 and a beta of 1.47.

BlackRock (NYSE:BLK) last issued its quarterly earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share for the quarter, topping analysts’ consensus estimates of $12.55 by $0.61. BlackRock had a return on equity of 15.14% and a net margin of 22.93%.The business had revenue of $6.33 billion for the quarter, compared to analyst estimates of $6.80 billion. During the same quarter in the previous year, the firm earned $11.93 earnings per share. The company’s revenue was up 23.4% on a year-over-year basis. On average, research analysts expect that BlackRock will post 47.41 earnings per share for the current fiscal year.

BlackRock Increases Dividend

The business also recently announced 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 annualized dividend and a yield of 2.2%. This is a boost from BlackRock’s previous quarterly dividend of $5.21. BlackRock’s payout ratio is presently 58.84%.

Trending Headlines about BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock launched a first‑of‑its‑kind institutional DeFi integration by listing its USD Institutional Digital Liquidity Fund (BUIDL) on Uniswap and buying UNI tokens — a move that broadens BlackRock’s digital‑assets distribution channels and signals new product reach and potential fee/asset flows. BlackRock enters DeFi, taps Uniswap for institutional token trading
• Neutral Sentiment: SEC 13F disclosures and fund updates show large portfolio repositioning by BlackRock’s funds (big additions to IVV, MSFT, GOOGL, AMZN and new sizable positions in tickers like Q, SOLS, LXP) — illustrates active asset management scale but is informational for fund flows rather than an immediate company earnings signal. Fund Update: BlackRock, Inc. Just Disclosed New Holdings
• Neutral Sentiment: Regulatory/ownership notices: BlackRock’s voting stake in Austria’s BAWAG Group was recently disclosed around the 5% threshold (movements reported both up and slightly down across entities) — a routine large‑investor disclosure with limited direct impact on BLK’s core business. BlackRock Raises Voting Stake in BAWAG Group to 5.77%
• Negative Sentiment: Insider selling: COO Robert L. Goldstein executed large open‑market sales on Feb. 10–11 (totaling ~59k shares, SEC Form 4 filed) — sizable insider sales can pressure sentiment and raise investor questions even if sales are for diversification or tax reasons. SEC Form 4 disclosure
• Negative Sentiment: Reports of portfolio and product risk: WSJ reports a $400M loss tied to fake invoices at a BlackRock unit’s private‑credit position, highlighting execution and due‑diligence risks in its private markets business — a reputational and P&L headline that can weigh on valuation multiple. How Fake Invoices Duped BlackRock Unit Into a $400 Million Loan
• Negative Sentiment: Crypto headwinds: crypto market weakness and reporting that BlackRock has pared Bitcoin and Ethereum exposure in some crypto portfolios could reduce near‑term AUM and fee growth in digital‑asset products and dampen enthusiasm from the earlier Uniswap announcement. Major Institutional Shift? Bitcoin And Ethereum Are Steadily Leaving BlackRock’s Crypto Portfolio

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of BLK. Stanley Laman Group Ltd. increased its holdings in shares of BlackRock by 2.7% during the 2nd quarter. Stanley Laman Group Ltd. now owns 340 shares of the asset manager’s stock valued at $357,000 after purchasing an additional 9 shares in the last quarter. CNB Bank grew its position in BlackRock by 9.6% during the second quarter. CNB Bank now owns 103 shares of the asset manager’s stock valued at $108,000 after buying an additional 9 shares during the period. Magellan Asset Management Ltd grew its position in BlackRock by 14.3% during the second quarter. Magellan Asset Management Ltd now owns 72 shares of the asset manager’s stock valued at $76,000 after buying an additional 9 shares during the period. FAS Wealth Partners Inc. increased its holdings in BlackRock by 1.1% in the second quarter. FAS Wealth Partners Inc. now owns 817 shares of the asset manager’s stock valued at $857,000 after buying an additional 9 shares in the last quarter. Finally, First Financial Bank Trust Division raised its position in shares of BlackRock by 0.5% in the third quarter. First Financial Bank Trust Division now owns 1,794 shares of the asset manager’s stock worth $2,092,000 after acquiring an additional 9 shares during the period. 80.69% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on BLK shares. CICC Research upped their target price on BlackRock from $1,000.00 to $1,250.00 in a research report on Tuesday, February 3rd. Freedom Capital raised BlackRock from a “hold” rating to a “strong-buy” rating in a report on Friday, January 23rd. Wall Street Zen upgraded BlackRock from a “sell” rating to a “hold” rating in a research note on Saturday, January 17th. Barclays upped their target price 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. Finally, Keefe, Bruyette & Woods raised their price target on shares of BlackRock from $1,310.00 to $1,340.00 and gave the stock an “outperform” rating in a research report on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, BlackRock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,311.11.

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.