Marks Group Wealth Management Inc Cuts Stock Position in BlackRock $BLK

Marks Group Wealth Management Inc lessened its holdings in BlackRock (NYSE:BLK) by 26.7% in the third quarter, Holdings Channel reports. The firm owned 1,695 shares of the asset manager’s stock after selling 618 shares during the period. Marks Group Wealth Management Inc’s holdings in BlackRock were worth $1,976,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Pacifica Partners Inc. grew its position in BlackRock by 450.0% during the third quarter. Pacifica Partners Inc. now owns 22 shares of the asset manager’s stock valued at $25,000 after buying an additional 18 shares during the period. TruNorth Capital Management LLC boosted its stake in BlackRock by 1,000.0% in the third quarter. TruNorth Capital Management LLC now owns 22 shares of the asset manager’s stock valued at $26,000 after acquiring an additional 20 shares during the last quarter. Traub Capital Management LLC bought a new position in shares of BlackRock during the 2nd quarter valued at approximately $28,000. Whipplewood Advisors LLC grew its position in shares of BlackRock by 107.1% during the 2nd quarter. Whipplewood Advisors LLC now owns 29 shares of the asset manager’s stock valued at $30,000 after acquiring an additional 15 shares during the period. Finally, Hopwood Financial Services Inc. increased its stake in shares of BlackRock by 866.7% during the 3rd quarter. Hopwood Financial Services Inc. now owns 29 shares of the asset manager’s stock worth $34,000 after purchasing an additional 26 shares during the last quarter. 80.69% of the stock is currently owned by institutional investors.

More BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: UBS upgraded BlackRock, which can lend near-term support to the share price by increasing buy-side demand and signaling stronger relative outlooks from a major broker. UBS upgrades BlackRock (BLK)
• Positive Sentiment: BlackRock slightly increased a major stake in Austria’s BAWAG Group, showing active portfolio positioning and willingness to upweight meaningful holdings — a signal of capital deployment and engagement that can be seen as constructive for fee-generating investment activity. BlackRock Slightly Increases Major Stake in BAWAG Group
• Positive Sentiment: Coverage on BlackRock’s planned ETHB Ethereum staking ETF highlights product innovation (staking a large portion of ETH, sharing rewards with investors) that could expand fee-bearing ETF/AUM opportunities if adoption continues. This is strategically important even if adoption timing is uncertain. BlackRock’s ETHB Ethereum Staking ETF Set to Reshape Institutional Crypto Investment
• Neutral Sentiment: BlackRock Canada announced final February cash distributions for its iShares Premium Money Market ETF — a routine payout for unitholders that has limited direct impact on BLK’s share price but underscores ongoing product operations and client flows in cash management product lines. BlackRock® Canada Announces Final February Cash Distributions for the iShares® Premium Money Market ETF
• Neutral Sentiment: Coverage that lists BlackRock in industry roundups (e.g., most-anticipated IPOs) is background-level press that doesn’t materially move the stock on its own. 3 of the Most Highly Anticipated IPOs of 2026 (BLK)
• Negative Sentiment: U.S. spot Bitcoin ETFs have seen consecutive outflows (~$4.5B in 2026 so far), which pressures crypto-related AUM and fee revenue; that trend likely weighed on sentiment given BlackRock’s active crypto ETF offerings and product development in digital-asset space. Bitcoin ETFs Bleed $4.5 Billion in 2026 So Far – Will the Outflows Continue?

Insider Activity

In other news, CFO Martin Small sold 27,047 shares of the company’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $1,171.14, for a total value of $31,675,823.58. Following the transaction, the chief financial officer 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 SEC, which can be accessed through the SEC website. Also, Director Stephen Cohen sold 2,179 shares of the stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $1,073.87, for a total value of $2,339,962.73. Following the completion of the sale, the director owned 6,543 shares in the company, valued at $7,026,331.41. This trade represents a 24.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 109,967 shares of company stock valued at $122,487,380. 1.98% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms recently commented on BLK. TD Cowen downgraded BlackRock from a “buy” rating to a “hold” rating in a research note on Wednesday, January 14th. UBS Group raised BlackRock from a “neutral” rating to a “buy” rating and set a $1,280.00 price target on the stock in a research report on Monday. Freedom Capital upgraded BlackRock from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 23rd. Deutsche Bank Aktiengesellschaft boosted their price objective on BlackRock from $1,296.00 to $1,380.00 in a research note on Thursday, January 15th. Finally, Evercore cut their target price on shares of BlackRock from $1,300.00 to $1,275.00 and set an “outperform” rating for the company in a research report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, BlackRock has an average rating of “Moderate Buy” and a consensus price target of $1,311.11.

BlackRock Stock Performance

Shares of BLK opened at $1,070.16 on Tuesday. The stock’s 50-day simple moving average is $1,093.41 and its 200 day simple moving average is $1,104.46. The stock has a market capitalization of $166.04 billion, a price-to-earnings ratio of 30.21, a price-to-earnings-growth ratio of 1.37 and a beta of 1.47. The company has a debt-to-equity ratio of 0.34, a quick ratio of 3.33 and a current ratio of 3.33. BlackRock has a 52-week low of $773.74 and a 52-week high of $1,219.94.

BlackRock (NYSE:BLK) last posted its earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share for the quarter, beating 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 during the quarter, compared to analyst estimates of $6.80 billion. During the same quarter in the previous year, the firm earned $11.93 EPS. The company’s quarterly revenue was up 23.4% compared to the same quarter last year. Research analysts forecast that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Friday, March 6th will be paid a dividend of $5.73 per share. This is an increase from BlackRock’s previous quarterly dividend of $5.21. This represents a $22.92 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, March 6th. BlackRock’s dividend payout ratio is presently 58.84%.

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.