iA Global Asset Management Inc. Buys 775 Shares of BlackRock $BLK

iA Global Asset Management Inc. increased its stake in shares of BlackRock (NYSE:BLK) by 56.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,156 shares of the asset manager’s stock after purchasing an additional 775 shares during the period. iA Global Asset Management Inc.’s holdings in BlackRock were worth $2,514,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in shares of BlackRock by 1.7% in the 2nd quarter. Vanguard Group Inc. now owns 13,991,264 shares of the asset manager’s stock valued at $14,680,334,000 after acquiring an additional 227,192 shares during the period. Geode Capital Management LLC increased its stake in BlackRock by 1.1% in the second quarter. Geode Capital Management LLC now owns 3,143,429 shares of the asset manager’s stock valued at $3,281,641,000 after purchasing an additional 34,049 shares in the last quarter. Norges Bank acquired a new stake in BlackRock in the second quarter worth $2,644,007,000. Franklin Resources Inc. boosted its position in shares of BlackRock by 72.5% during the second quarter. Franklin Resources Inc. now owns 2,005,358 shares of the asset manager’s stock worth $2,104,122,000 after purchasing an additional 842,901 shares in the last quarter. Finally, Laurel Wealth Advisors LLC grew its holdings in shares of BlackRock by 105,267.4% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,705,899 shares of the asset manager’s stock valued at $1,789,915,000 after buying an additional 1,704,280 shares during the period. Institutional investors own 80.69% of the company’s stock.

Analyst Upgrades and Downgrades

BLK has been the topic of several research analyst reports. JPMorgan Chase & Co. raised their price objective on BlackRock from $1,244.00 to $1,267.00 and gave the stock a “neutral” rating in a research note on Friday, January 9th. TD Cowen lowered BlackRock from a “buy” rating to a “hold” rating in a research report on Wednesday, January 14th. BMO Capital Markets cut their price objective on BlackRock from $1,300.00 to $1,250.00 and set an “outperform” rating on the stock in a report on Tuesday, January 13th. BNP Paribas Exane increased their target price on BlackRock from $1,290.00 to $1,300.00 and gave the stock an “outperform” rating in a research note on Thursday, January 15th. Finally, Morgan Stanley lifted their price target on shares of BlackRock from $1,514.00 to $1,550.00 and gave the company an “overweight” rating in a research note on Friday, January 16th. Fifteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, BlackRock presently has an average rating of “Moderate Buy” and a consensus target price of $1,314.71.

BlackRock Trading Down 0.8%

NYSE BLK opened at $1,130.09 on Friday. BlackRock has a 52 week low of $773.74 and a 52 week high of $1,219.94. 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 stock’s 50 day moving average price is $1,077.56 and its two-hundred day moving average price is $1,107.10. The stock has a market capitalization of $175.33 billion, a price-to-earnings ratio of 31.91, a PEG ratio of 1.41 and a beta of 1.47.

BlackRock (NYSE:BLK) last posted its quarterly earnings data on Thursday, January 15th. The asset manager reported $13.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $12.55 by $0.61. The company had revenue of $6.33 billion for 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% compared to the same quarter last year. During the same period last year, the company earned $11.93 earnings per share. As a group, analysts anticipate that BlackRock will post 47.41 earnings per share for the current fiscal year.

BlackRock Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Friday, March 6th will be issued a $5.73 dividend. This represents a $22.92 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Friday, March 6th. This is a positive change from BlackRock’s previous quarterly dividend of $5.21. BlackRock’s dividend payout ratio is 58.84%.

More BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Rick Rieder, BlackRock’s CIO of Global Fixed Income, is being talked about as a frontrunner for U.S. Federal Reserve chair after public praise from President Trump — a nomination would raise BlackRock’s influence on policy and could benefit business lines sensitive to rates and Fed guidance. BlackRock’s Rick Rieder surges ahead in race to chair Federal Reserve
• Positive Sentiment: CEO Larry Fink’s Davos push for rapid tokenization and a “common blockchain” reinforces BlackRock’s product roadmap (e.g., BUIDL money-market token on Ethereum with >$2B TVL), supporting potential new fee-bearing AUM and competitive crypto custody flows. Ethereum Emerges As Likely Candidate In BlackRock Tokenization Vision – Here’s Why
• Positive Sentiment: On-chain activity consistent with institutional crypto adoption: BlackRock-linked wallets transferred large amounts of bitcoin and ether into Coinbase Prime, signaling operational movement toward custody and trading channels for crypto products. This supports potential inflows to related ETFs and products over time. BlackRock-linked wallets move over $430 million in bitcoin, ether to Coinbase Prime
• Positive Sentiment: BlackRock increased its stake in AngloGold Ashanti to just over 10% — a material equity position that signals active portfolio deployment and could deliver strategic or performance upside in commodities exposure. BlackRock Lifts Stake in AngloGold Ashanti to Just Over 10%
• Neutral Sentiment: Larry Fink’s broader Davos commentary (AI, inequality and markets) sets strategic narrative for the firm but is more about reputation and long-term positioning than an immediate earnings catalyst. BlackRock CEO Larry Fink: ‘What Happens to Everyone Else’ If AI Fuels Inequality?
• Neutral Sentiment: Routine portfolio disclosures: BlackRock adjusted holdings (e.g., BAWAG voting rights), reflecting normal active positioning rather than a direct AUM driver. Investors should treat these as portfolio-management signals. BlackRock Adjusts Stake in BAWAG Group to 5.83% of Voting Rights
• Negative Sentiment: Insider selling: CFO Martin Small sold ~27,000 shares (~$31.7M) in mid-January; while insider sales aren’t uncommon, the size of the transaction can spook short-term investors. SEC Form 4 — Martin Small sale
• Negative Sentiment: Short-term headwinds in crypto products: U.S. bitcoin ETFs posted net outflows recently, a drag on fee revenue tied to IBIT and other crypto strategies. Bitcoin ETFs Log Off — Outflows
• Negative Sentiment: Unconfirmed reports of a large BlackRock XRP purchase circulated in crypto media — a speculative noise item that could invite regulatory scrutiny or investor overreaction until verified. Unverified BlackRock XRP purchase reports

Insider Transactions at BlackRock

In other BlackRock news, Director J. Richard Kushel sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $1,125.00, for a total transaction of $22,500,000.00. Following the transaction, the director owned 61,894 shares of the company’s stock, valued at $69,630,750. The trade was a 24.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Martin Small sold 27,047 shares of the company’s stock in a transaction that occurred 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 sale, the chief financial officer owned 10,557 shares in the company, valued at approximately $12,363,724.98. This represents a 71.93% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 48,305 shares of company stock worth $55,488,396. 1.98% 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.