Twin City Private Wealth LLC Sells 513 Shares of BlackRock $BLK

Twin City Private Wealth LLC lessened its holdings in shares of BlackRock (NYSE:BLK) by 23.1% during the third quarter, Holdings Channel.com reports. The firm owned 1,706 shares of the asset manager’s stock after selling 513 shares during the quarter. BlackRock makes up 1.6% of Twin City Private Wealth LLC’s investment portfolio, making the stock its 22nd biggest holding. Twin City Private Wealth LLC’s holdings in BlackRock were worth $1,988,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in BlackRock by 1.7% during the second quarter. Vanguard Group Inc. now owns 13,991,264 shares of the asset manager’s stock worth $14,680,334,000 after acquiring an additional 227,192 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of BlackRock by 1.1% during 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 during the period. Norges Bank acquired a new stake in shares of BlackRock in the 2nd quarter valued at about $2,644,007,000. Franklin Resources Inc. grew its stake in shares of BlackRock by 72.5% in the 2nd quarter. Franklin Resources Inc. now owns 2,005,358 shares of the asset manager’s stock valued at $2,104,122,000 after buying an additional 842,901 shares during the period. Finally, Laurel Wealth Advisors LLC increased its position in 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 in the last quarter. 80.69% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock and Partners Group rolled out a first‑of‑its‑kind private markets SMA for wealthy investors, offering three portfolio mixes (income, balanced growth, growth) and access to funds from BlackRock, HPS and Partners Group — a move that can expand fee‑bearing AUM and wealthy‑client distribution channels. BlackRock and Partners Group Launch Joint Private Markets Account for Wealthy Investors
• Positive Sentiment: Multiple outlets report the new SMAs and wealth‑platform integrations that widen private‑markets access for high‑net‑worth clients — an incremental distribution channel that could raise recurring fees and retention. BlackRock, Partners Group roll out private markets SMA
• Positive Sentiment: BlackRock is adding profit‑sharing for private‑markets staff to compete with Apollo, Blackstone, KKR and others — a deliberate push to retain and hire alts talent, which supports long‑term growth in higher‑margin alternative products. $14 trillion asset manager BlackRock unveils its newest weapon in Wall Street ‘alts’ talent war: profit sharing from private markets
• Neutral Sentiment: Institutional activity tied to BlackRock’s BUIDL fund boosted tokenized real‑world assets on Avalanche (TVL up sharply), highlighting BlackRock’s push into tokenization and digital liquidity even as the native token underperformed — strategic innovation that could open new product lines but carries crypto execution risk. BlackRock’s BUIDL aids Avalanche tokenization value boom in Q4
• Neutral Sentiment: Speculation that BlackRock might enter a spot XRP ETF by late‑2026 reflects ongoing crypto product optionality; this signals potential future revenue streams but is timing‑and‑demand dependent. BlackRock XRP ETF Next? Canary CEO Eyes Late 2026
• Negative Sentiment: A WSJ report highlighted a recent BlackRock loss and a 19% write‑down in a private‑credit position that had previously been marked at full value — reigniting investor worries about valuation transparency and downside in private‑credit portfolios, which likely drove some of today’s selling pressure. How a BlackRock Loss Reignited Worries About What Is Hiding in Private-Credit

BlackRock Stock Down 0.9%

BLK opened at $1,117.52 on Friday. BlackRock has a fifty-two week low of $773.74 and a fifty-two week high of $1,219.94. The firm has a market capitalization of $173.38 billion, a P/E ratio of 31.55, a PEG ratio of 1.41 and a beta of 1.47. The company’s 50-day moving average is $1,088.14 and its 200 day moving average is $1,107.67. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.33 and a quick ratio of 3.33.

BlackRock (NYSE:BLK) last posted its quarterly earnings data on Thursday, January 15th. The asset manager reported $13.16 EPS for the quarter, beating the consensus estimate of $12.55 by $0.61. BlackRock had a net margin of 22.93% and a return on equity of 15.14%. The firm had revenue of $6.33 billion during the quarter, compared to analyst estimates of $6.80 billion. During the same quarter last year, the business posted $11.93 EPS. The company’s revenue for the quarter was up 23.4% on a year-over-year basis. Research analysts expect that BlackRock will post 47.41 earnings per share for the current fiscal year.

BlackRock Increases Dividend

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

Insider Buying and Selling at BlackRock

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

Analyst Upgrades and Downgrades

A number of brokerages have commented on BLK. Morgan Stanley raised their price objective on BlackRock from $1,514.00 to $1,550.00 and gave the company an “overweight” rating in a research note on Friday, January 16th. Barclays increased their target price on BlackRock from $1,300.00 to $1,350.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. Argus boosted their price target on shares of BlackRock from $1,165.00 to $1,330.00 and gave the company a “buy” rating in a research note on Wednesday, October 15th. Freedom Capital upgraded shares of BlackRock from a “hold” rating to a “strong-buy” rating in a report on Friday, January 23rd. Finally, TD Cowen lowered shares of BlackRock from a “buy” rating to a “hold” rating in a research note on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,314.71.

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.