Skandinaviska Enskilda Banken AB publ Sells 1,663 Shares of BlackRock $BLK

Skandinaviska Enskilda Banken AB publ lowered its position in BlackRock (NYSE:BLK) by 5.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 27,734 shares of the asset manager’s stock after selling 1,663 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in BlackRock were worth $32,334,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. CNB Bank increased its stake in shares of BlackRock by 9.6% in the 2nd quarter. CNB Bank now owns 103 shares of the asset manager’s stock worth $108,000 after acquiring an additional 9 shares in the last quarter. Magellan Asset Management Ltd increased its stake in shares of 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 purchasing an additional 9 shares in the last quarter. FAS Wealth Partners Inc. lifted its holdings in shares of BlackRock by 1.1% during the second quarter. FAS Wealth Partners Inc. now owns 817 shares of the asset manager’s stock valued at $857,000 after purchasing an additional 9 shares during the last quarter. First Financial Bank Trust Division boosted its position in shares of BlackRock by 0.5% in the 3rd quarter. First Financial Bank Trust Division now owns 1,794 shares of the asset manager’s stock worth $2,092,000 after purchasing an additional 9 shares in the last quarter. Finally, HM Payson & Co. grew its stake in shares of BlackRock by 0.6% in the 3rd quarter. HM Payson & Co. now owns 1,444 shares of the asset manager’s stock worth $1,683,000 after buying an additional 9 shares during the last quarter. 80.69% of the stock is currently owned by institutional investors.

BlackRock Stock Up 0.3%

BLK opened at $1,074.80 on Wednesday. The stock has a market capitalization of $166.76 billion, a price-to-earnings ratio of 30.34, a PEG ratio of 1.34 and a beta of 1.47. The firm has a 50 day moving average price of $1,093.81 and a 200-day moving average price of $1,105.31. BlackRock has a twelve month low of $773.74 and a twelve month high of $1,219.94. The company has a quick ratio of 3.33, a current ratio of 3.33 and a debt-to-equity ratio of 0.34.

BlackRock (NYSE:BLK) last posted its earnings results on Thursday, January 15th. The asset manager reported $13.16 EPS for the quarter, topping analysts’ consensus estimates of $12.55 by $0.61. The business had revenue of $6.33 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%. The firm’s revenue was up 23.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $11.93 EPS. Equities research analysts forecast 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. Shareholders of record on Friday, March 6th will be issued a $5.73 dividend. 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 yield of 2.1%. The ex-dividend date of this dividend is Friday, March 6th. BlackRock’s dividend payout ratio is currently 58.84%.

Insider Transactions at BlackRock

In other BlackRock news, Director J. Richard Kushel sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $1,125.00, for a total transaction of $22,500,000.00. Following the completion of the sale, the director directly owned 61,894 shares of the company’s stock, valued at approximately $69,630,750. This represents a 24.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 sale, the chief financial officer owned 10,557 shares of the company’s stock, valued at $12,363,724.98. This trade represents a 71.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 109,967 shares of company stock valued at $122,487,380. Company insiders own 1.98% of the company’s stock.

More BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock’s iShares staked Ether ETF launch (low 0.25% fee) broadens its crypto product lineup and should help attract AUM and fee revenue from institutional and retail investors. Ether bulls target $2.5K as staking ETF launch, RWA market cap reflect growth
• Positive Sentiment: Institutional demand shows up in filings: Harvard’s endowment added exposure to BlackRock’s Ether ETF while trimming Bitcoin ETF holdings — a sign larger allocators are rotating into BLK’s crypto products. Harvard endowment reduces stake in Bitcoin ETF, adds Ether exposure
• Positive Sentiment: BlackRock’s amended S‑1 shows its Ethereum ETF will capture roughly 18% of staking rewards — a new revenue stream from crypto products that could boost ETF economics. BlackRock’s Ethereum ETF Will Take 18% Of Staking Rewards—Here’s The Breakdown
• Positive Sentiment: BlackRock’s growing activity in crypto infrastructure — e.g., acquiring a stake in Bitmine — signals a push into upstream crypto assets and services that can expand product capability and market share. BlackRock Acquires Bitmine Stake: A Stronger Institutional Crypto Push
• Positive Sentiment: BlackRock’s large accumulation of Nebius Group shares highlights active portfolio deployment into AI infrastructure — a sign BLK’s asset-management strategies are capturing thematic growth opportunities that could support future performance. Whale Watching: BlackRock’s Massive Bet on Nebius Group (BLK)
• Neutral Sentiment: BlackRock Canada announced February cash distributions for many iShares ETFs — routine fund operations that support investor income expectations but are unlikely to move BLK materially. BlackRock® Canada Announces February Cash Distributions for the iShares® ETFs
• Neutral Sentiment: Growth in tokenized real‑world assets and institutional participation (with firms like BlackRock involved) is a market tailwind that could expand product opportunities over time. Tokenized Real-World Assets See 13.5% Growth Amid Crypto Market Slump
• Neutral Sentiment: Several law firms and notice services are flagging class actions related to BlackRock TCP Capital (TCPC) — this concerns the TCPC vehicle (different ticker) and can create headline noise but does not directly implicate BLK’s corporate balance sheet. Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against BlackRock TCP and Plug Power
• Negative Sentiment: Rosen Law (and similar firms) has opened an investigation into potential breaches of fiduciary duty by BlackRock’s directors/officers — this could weigh on sentiment if it develops into a formal suit or regulatory inquiry. BlackRock Investor News: Rosen Law Firm Announces Investigation
• Negative Sentiment: Recent insider selling by a BlackRock director was reported — such disclosures can create short‑term selling pressure or raise governance questions for some investors. Insider Selling: BlackRock (NYSE:BLK) Director Sells $2,339,962.73 in Stock

Analyst Upgrades and Downgrades

Several equities research analysts have commented on BLK shares. Keefe, Bruyette & Woods boosted their target price on BlackRock from $1,310.00 to $1,340.00 and gave the stock an “outperform” rating in a report on Friday, January 16th. Weiss Ratings reiterated a “buy (b-)” rating on shares of BlackRock in a research note on Monday, December 29th. CICC Research raised their price objective on shares of BlackRock from $1,000.00 to $1,250.00 in a research note on Tuesday, February 3rd. TD Cowen cut shares of BlackRock from a “buy” rating to a “hold” rating in a report on Wednesday, January 14th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $1,351.00 price target on shares of BlackRock in a report on Friday, January 16th. One research 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, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,311.11.

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.