BlackRock $BLK Shares Newly Purchased by RDA Financial Network

RDA Financial Network acquired a new position in shares of BlackRock (NYSE:BLK) in the 3rd quarter, HoldingsChannel reports. The fund acquired 8,223 shares of the asset manager’s stock, valued at approximately $8,702,000. BlackRock comprises approximately 1.8% of RDA Financial Network’s holdings, making the stock its 12th biggest position.

A number of other hedge funds have also made changes to their positions in the business. BlackRock Inc. acquired a new position in shares of BlackRock in the 2nd quarter valued at $9,747,857,000. Corient Private Wealth LLC grew its position in shares of BlackRock by 5,190.3% in the 4th quarter. Corient Private Wealth LLC now owns 5,490,422 shares of the asset manager’s stock valued at $5,876,618,000 after buying an additional 5,386,640 shares during the last quarter. Temasek Holdings Private Ltd raised its stake in BlackRock by 4.7% during the 1st quarter. Temasek Holdings Private Ltd now owns 5,330,492 shares of the asset manager’s stock worth $5,126,387,000 after acquiring an additional 237,667 shares in the last quarter. Bank of America Corp DE raised its stake in BlackRock by 0.7% during the 1st quarter. Bank of America Corp DE now owns 5,232,973 shares of the asset manager’s stock worth $5,032,603,000 after acquiring an additional 35,069 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in BlackRock by 23.3% in the second quarter. Wellington Management Group LLP now owns 4,495,074 shares of the asset manager’s stock valued at $4,322,283,000 after acquiring an additional 850,406 shares during the last quarter. Hedge funds and other institutional investors own 80.69% of the company’s stock.

Trending Headlines about BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Strong Q3 results and record inflows: BlackRock reported adjusted EPS of $15.93, above the $14.32 consensus, while revenue reached $7.75 billion versus expectations of $7.42 billion. Quarterly net inflows totaled approximately $205 billion, lifting assets under management to a record $15.5 trillion. BlackRock Reports Third Quarter 2026 Earnings
• Positive Sentiment: Growth outlook broadening beyond traditional ETFs: Management highlighted strong iShares demand, higher-fee products, technology revenue, private-markets fundraising and opportunities to finance AI infrastructure. Margin expansion and a seasonally stronger fourth quarter could support earnings momentum. BLK Q3 Earnings Call Puts AI Financing and Fees in Focus
• Positive Sentiment: Analysts raised their valuation targets: JPMorgan increased its target to $1,449 and maintained an Overweight rating; Keefe, Bruyette & Woods raised its target to $1,310 with an Outperform rating. Bank of America also reiterated Buy and lifted its target to $1,313. BlackRock Earns Buy Rating
• Neutral Sentiment: BlackRock executives continued promoting fixed-income ETFs, tokenization and AI-related infrastructure as long-term growth areas. These themes may expand the firm’s addressable market but are less immediate earnings catalysts than the quarterly results. BlackRock, WisdomTree, Fidelity Leaders Talk Fixed Income ETFs
• Negative Sentiment: U.S. bitcoin and ether ETFs experienced roughly $391 million of combined outflows, including renewed withdrawals from BlackRock and Fidelity products. Continued crypto weakness could modestly pressure ETF-related flows and fee revenue. Bitcoin, Ether ETFs Lose $391M
• Negative Sentiment: Investors also face macro and political risks: higher yields can pressure asset valuations, while CEO Larry Fink’s warning that a data-center construction moratorium could trigger a recession highlights BlackRock’s growing exposure to the AI investment cycle. BlackRock’s Larry Fink Warns a Data Center Moratorium Could Trigger a Recession

BlackRock Stock Performance

NYSE BLK traded up $38.73 during trading on Thursday, reaching $1,112.52. The company’s stock had a trading volume of 480,794 shares, compared to its average volume of 736,922. The company has a debt-to-equity ratio of 0.33, a quick ratio of 3.59 and a current ratio of 3.59. The firm has a market cap of $172.30 billion, a price-to-earnings ratio of 26.52, a P/E/G ratio of 1.20 and a beta of 1.41. BlackRock has a twelve month low of $917.39 and a twelve month high of $1,209.89. The business’s fifty day moving average price is $1,106.43 and its 200-day moving average price is $1,061.02.

BlackRock (NYSE:BLK) last announced its earnings results on Wednesday, October 14th. The asset manager reported $15.93 earnings per share for the quarter, topping the consensus estimate of $14.32 by $1.61. BlackRock had a net margin of 24.09% and a return on equity of 14.90%. The business had revenue of $7.75 billion during the quarter, compared to the consensus estimate of $7.42 billion. During the same quarter in the prior year, the firm earned $8.43 earnings per share. The business’s quarterly revenue was up 19.1% compared to the same quarter last year. As a group, analysts anticipate that BlackRock will post 55.70 EPS for the current fiscal year.

BlackRock Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th were given a $5.73 dividend. This represents a $22.92 annualized dividend and a yield of 2.1%. The ex-dividend date was Tuesday, September 8th. BlackRock’s payout ratio is 54.78%.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Zacks Research downgraded shares of BlackRock from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. Morgan Stanley dropped their price objective on BlackRock from $1,479.00 to $1,468.00 and set an “overweight” rating on the stock in a report on Tuesday. JPMorgan Chase & Co. lifted their target price on BlackRock from $1,435.00 to $1,449.00 and gave the stock an “overweight” rating in a research report on Thursday. Evercore reissued an “outperform” rating and issued a $1,275.00 target price on shares of BlackRock in a report on Friday, October 9th. Finally, UBS Group reissued a “buy” rating and issued a $1,300.00 target price on shares of BlackRock in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, BlackRock presently has a consensus rating of “Moderate Buy” and an average target price of $1,312.06.

BlackRock Company Profile

BlackRock, Inc is a global investment management and financial technology company serving individual investors, institutions, governments and financial professionals. The company provides investment management, risk management and advisory services across a broad range of asset classes, including equities, fixed income, multi-asset strategies, alternatives and cash management.

BlackRock offers investment products through mutual funds, exchange-traded funds and other vehicles. Its iShares brand is one of the company’s principal platforms for exchange-traded funds, providing access to domestic and international markets, industry sectors, bonds, commodities and specialized investment strategies.

The company also provides technology and analytical solutions through its Aladdin platform, which is used by asset managers, institutional investors and other financial organizations for portfolio management, risk analysis, trading and operational support.