RWA Wealth Partners LLC raised its holdings in shares of BlackRock (NYSE:BLK – Free Report) by 25.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,895 shares of the asset manager’s stock after purchasing an additional 6,346 shares during the period. RWA Wealth Partners LLC’s holdings in BlackRock were worth $36,020,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Pacifica Partners Inc. grew its stake in BlackRock by 450.0% in the third quarter. Pacifica Partners Inc. now owns 22 shares of the asset manager’s stock valued at $25,000 after acquiring an additional 18 shares during the period. TruNorth Capital Management LLC lifted its position in shares of BlackRock by 1,000.0% in the third quarter. TruNorth Capital Management LLC now owns 22 shares of the asset manager’s stock worth $26,000 after purchasing an additional 20 shares in the last quarter. Traub Capital Management LLC acquired a new position in shares of BlackRock during the 2nd quarter worth about $28,000. Whipplewood Advisors LLC grew its stake in BlackRock by 107.1% in the second quarter. Whipplewood Advisors LLC now owns 29 shares of the asset manager’s stock valued at $30,000 after purchasing an additional 15 shares in the last quarter. Finally, Creekmur Asset Management LLC raised its position in BlackRock by 87.5% during the second quarter. Creekmur Asset Management LLC now owns 30 shares of the asset manager’s stock worth $32,000 after acquiring an additional 14 shares in the last quarter. 80.69% of the stock is currently owned by institutional investors.
BlackRock News Summary
Here are the key news stories impacting BlackRock this week:
- Positive Sentiment: UBS upgraded BlackRock, which can lift sentiment and trigger buy-side flows into the stock. UBS Upgrades BlackRock
- Positive Sentiment: BlackRock is among shortlisted investors in early talks for Kuwait Petroleum’s potential $7B pipeline stake — a large infrastructure allocation that could mean meaningful fee-bearing AUM or co-invest opportunities. Kuwait pipeline deal interest
- Positive Sentiment: BlackRock participated in a $250M financing for Dutch AI‑chip maker Axelera AI — signaling direct exposure to AI hardware/venture deals and diversification into growth private investments. This bolsters narrative that BlackRock is positioning into AI-related alternatives. Axelera raises $250M (BlackRock investor)
- Positive Sentiment: BlackRock’s CIO for fixed income, Rick Rieder, outlined opportunities in parts of the bond market and cautioned that not all Treasurys are reliable—highlighting active portfolio positioning that can attract flows into BlackRock’s fixed‑income strategies. Rieder on bond positioning
- Neutral Sentiment: Speculation persists about when BlackRock might file a U.S. spot XRP ETF (some insiders eye late‑2026). A filing would be a long‑term AUM catalyst but is not imminent. When will BlackRock file an XRP ETF?
- Neutral Sentiment: BlackRock Canada announced final February cash distributions for an iShares Premium Money Market ETF—routine fund operations with limited direct impact on BLK equity. BlackRock Canada distributions
- Neutral Sentiment: Regulatory/portfolio note: BlackRock slightly increased a major stake in BAWAG Group — a portfolio move that signals active equity positioning but is unlikely to move BLK stock materially on its own. BlackRock increases BAWAG stake
- Negative Sentiment: Pomerantz filed a class action related to BlackRock TCP Capital Corp. (TCPC). While this targets the BDC and not BlackRock Inc. directly, it introduces legal/reputational noise around a BlackRock‑managed vehicle. Pomerantz class action on TCPC
Insider Activity at BlackRock
Analysts Set New Price Targets
A number of analysts have recently issued reports on BLK shares. Jefferies Financial Group reaffirmed a “buy” rating and issued a $1,351.00 price objective on shares of BlackRock in a research report on Friday, January 16th. Freedom Capital upgraded shares of BlackRock from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 23rd. The Goldman Sachs Group restated a “buy” rating and issued a $1,313.00 target price on shares of BlackRock in a research report on Tuesday, December 9th. CICC Research upped their price objective on BlackRock from $1,000.00 to $1,250.00 in a research report on Tuesday, February 3rd. Finally, BMO Capital Markets reduced their price objective on BlackRock from $1,300.00 to $1,250.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, BlackRock presently has an average rating of “Moderate Buy” and an average target price of $1,311.11.
Get Our Latest Stock Report on BlackRock
BlackRock Stock Up 1.0%
Shares of NYSE:BLK opened at $1,081.80 on Wednesday. BlackRock has a 52-week low of $773.74 and a 52-week high of $1,219.94. The business’s 50 day simple moving average is $1,093.67 and its two-hundred day simple moving average is $1,104.16. The company has a debt-to-equity ratio of 0.34, a quick ratio of 3.33 and a current ratio of 3.33. The firm has a market cap of $167.84 billion, a P/E ratio of 30.54, a PEG ratio of 1.34 and a beta of 1.47.
BlackRock (NYSE:BLK – Get Free Report) last posted its 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. The company had revenue of $6.33 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the prior year, the business posted $11.93 EPS. As a group, research 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. Stockholders 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 dividend yield of 2.1%. This is a boost from BlackRock’s previous quarterly dividend of $5.21. BlackRock’s payout ratio is 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.
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