1,022 Shares in BlackRock $BLK Bought by Mach 1 Financial Group LLC

Mach 1 Financial Group LLC bought a new position in shares of BlackRock (NYSE:BLK) during the 4th quarter, HoldingsChannel reports. The firm bought 1,022 shares of the asset manager’s stock, valued at approximately $1,094,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BLK. Oak Harvest Investment Services grew its stake in BlackRock by 12,176.1% during the 4th quarter. Oak Harvest Investment Services now owns 1,595,153 shares of the asset manager’s stock worth $1,707,356,000 after buying an additional 1,582,159 shares during the last quarter. Viking Global Investors LP grew its stake in BlackRock by 217.5% during the 3rd quarter. Viking Global Investors LP now owns 619,492 shares of the asset manager’s stock worth $722,247,000 after buying an additional 424,388 shares during the last quarter. Parkside Financial Bank & Trust grew its stake in BlackRock by 29,043.2% during the 3rd quarter. Parkside Financial Bank & Trust now owns 245,094 shares of the asset manager’s stock worth $285,748,000 after buying an additional 244,253 shares during the last quarter. Vanguard Group Inc. grew its stake in BlackRock by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 14,062,677 shares of the asset manager’s stock worth $15,051,846,000 after buying an additional 221,123 shares during the last quarter. Finally, Amundi grew its stake in BlackRock by 39.5% during the 3rd quarter. Amundi now owns 547,249 shares of the asset manager’s stock worth $645,354,000 after buying an additional 154,907 shares during the last quarter. 80.69% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on BLK. BMO Capital Markets boosted their target price on BlackRock from $1,200.00 to $1,250.00 and gave the stock an “outperform” rating in a research note on Monday, April 20th. Weiss Ratings upgraded BlackRock from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, May 13th. Morgan Stanley boosted their price target on BlackRock from $1,368.00 to $1,393.00 and gave the company an “overweight” rating in a research note on Wednesday, April 15th. UBS Group boosted their price target on BlackRock from $1,235.00 to $1,270.00 and gave the company a “buy” rating in a research note on Wednesday, April 15th. Finally, Keefe, Bruyette & Woods boosted their price target on BlackRock from $1,150.00 to $1,240.00 and gave the company an “outperform” rating in a research note on Wednesday, April 15th. 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,269.06.

Key Headlines Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock announced a quarterly cash dividend of $5.73 per share, reinforcing its capital-return profile and signaling continued confidence in cash generation. BlackRock Declares Quarterly Dividend of 5.73 on Common Stock
• Positive Sentiment: BlackRock’s iShares Bitcoin Trust appears to be seeing strong inflows again, with reports that it added over 8,000 Bitcoin in May and that BlackRock moved Bitcoin to Coinbase Prime as part of ETF operations. That can be read as evidence of continued demand for its crypto-linked products. BlackRock adds over 8,000 Bitcoin in May 2026
• Positive Sentiment: News that Citigroup is partnering with BlackRock’s HPS to expand private credit across EMEA highlights BlackRock’s growing footprint in a high-demand alternative-asset area. C Partners With BlackRock’s HPS: A Win for Its Private Credit Push?
• Neutral Sentiment: BlackRock Canada announced final May cash distributions for the iShares Premium Money Market ETF, a standard fund administration update with limited direct impact on BLK earnings expectations. BlackRock Canada Announces Final May Cash Distributions for the iShares Premium Money Market ETF
• Neutral Sentiment: Reports that CEO Larry Fink’s compensation drew a lukewarm response from shareholders are more of a governance headline than a direct business driver, though they may modestly weigh on sentiment. Fink’s Big Payday Gets Lukewarm Reception From BlackRock Shareholders
• Negative Sentiment: One market commentary linked recent weakness in BLK to a broader risk-off backdrop and large outflows from U.S. spot bitcoin ETFs, including BlackRock’s IBIT. That could pressure sentiment if investors expect softer fee-related assets under management. BlackRock slides as risk-off tone hits financials and crypto-ETF flow headlines resurface

BlackRock Stock Up 1.3%

Shares of BLK opened at $1,050.09 on Thursday. BlackRock has a 52 week low of $917.39 and a 52 week high of $1,219.94. The company has a quick ratio of 4.09, a current ratio of 4.09 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $163.01 billion, a price-to-earnings ratio of 26.36, a PEG ratio of 1.35 and a beta of 1.44. The stock’s 50-day moving average price is $1,013.75 and its 200-day moving average price is $1,054.00.

BlackRock (NYSE:BLK) last issued its earnings results on Tuesday, April 14th. The asset manager reported $12.53 EPS for the quarter, topping analysts’ consensus estimates of $12.40 by $0.13. BlackRock had a return on equity of 14.74% and a net margin of 24.40%.The firm had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $6.56 billion. During the same quarter in the prior year, the business earned $9.64 earnings per share. The company’s revenue was up 27.0% compared to the same quarter last year. On average, sell-side analysts predict that BlackRock will post 52.77 EPS for the current year.

Insiders Place Their Bets

In other BlackRock news, CEO Laurence Fink sold 33,900 shares of the stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $1,050.55, for a total transaction of $35,613,645.00. Following the transaction, the chief executive officer owned 230,516 shares in the company, valued at approximately $242,168,583.80. This represents a 12.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Stephen Cohen sold 225 shares of the stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $1,069.56, for a total value of $240,651.00. Following the transaction, the director owned 5,661 shares in the company, valued at $6,054,779.16. This represents a 3.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 45,249 shares of company stock worth $47,671,714. 1.92% of the stock is owned by company insiders.

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.