BlackRock $BLK Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. reduced its position in shares of BlackRock (NYSE:BLK) by 3.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 540,397 shares of the asset manager’s stock after selling 21,968 shares during the period. Envestnet Asset Management Inc.’s holdings in BlackRock were worth $630,033,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank purchased a new position in BlackRock in the 2nd quarter valued at about $2,644,007,000. Laurel Wealth Advisors LLC increased its position in shares of BlackRock by 105,267.4% during the second quarter. Laurel Wealth Advisors LLC now owns 1,705,899 shares of the asset manager’s stock worth $1,789,915,000 after acquiring an additional 1,704,280 shares during the last quarter. Franklin Resources Inc. lifted its stake in shares of BlackRock by 72.5% in the second quarter. Franklin Resources Inc. now owns 2,005,358 shares of the asset manager’s stock worth $2,104,122,000 after acquiring an additional 842,901 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its holdings in BlackRock by 1,962.0% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 792,494 shares of the asset manager’s stock valued at $831,524,000 after purchasing an additional 754,060 shares during the last quarter. Finally, Parkside Financial Bank & Trust boosted its holdings in BlackRock by 29,043.2% in the third quarter. Parkside Financial Bank & Trust now owns 245,094 shares of the asset manager’s stock valued at $285,748,000 after purchasing an additional 244,253 shares during the last quarter. 80.69% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock Stock Performance

Shares of NYSE BLK opened at $1,070.93 on Wednesday. The company has a quick ratio of 3.33, a current ratio of 3.33 and a debt-to-equity ratio of 0.34. The firm’s 50-day moving average price is $1,090.98 and its two-hundred day moving average price is $1,108.12. BlackRock has a 52-week low of $773.74 and a 52-week high of $1,219.94. The stock has a market capitalization of $166.15 billion, a P/E ratio of 30.24, a P/E/G ratio of 1.40 and a beta of 1.47.

BlackRock (NYSE:BLK) last announced its quarterly 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 business had revenue of $6.33 billion for the quarter, compared to analysts’ expectations of $6.80 billion. BlackRock had a return on equity of 15.14% and a net margin of 22.93%.The business’s quarterly revenue was up 23.4% on a year-over-year basis. During the same period in the prior year, the firm earned $11.93 EPS. As a group, sell-side analysts forecast that BlackRock will post 47.41 earnings per share for the current year.

BlackRock Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Friday, March 6th will be given a $5.73 dividend. This is a boost from BlackRock’s previous quarterly dividend of $5.21. This represents a $22.92 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, March 6th. BlackRock’s dividend payout ratio is 58.84%.

Key Stories Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: CICC Research raised its price target on BlackRock to $1,250 from $1,000, signaling analyst confidence in BLK’s earnings growth and valuation upside — this can support buying interest. MarketScreener
• Positive Sentiment: BlackRock filed for an iShares Bitcoin Premium Income ETF that would use covered‑call strategies to generate yield — a new product that could attract inflows and fee revenue if approved and marketed successfully. MarketBeat
• Positive Sentiment: VistaShares’ new Treasury-plus-Bitcoin fund gains Bitcoin exposure via call options on BlackRock’s IBIT, indicating continued market demand for BlackRock’s crypto ETF products and derivative liquidity. Cointelegraph
• Positive Sentiment: BlackRock’s GIP is reported to have teamed with EQT in a bid for AES, which highlights deal‑making that could expand infrastructure AUM and fee opportunities if the consortium succeeds. Financial Post
• Neutral Sentiment: BlackRock marginally increased its stake in Austria’s BAWAG Group — routine portfolio/ownership shifts that are unlikely to move BLK shares materially by themselves. TipRanks
• Neutral Sentiment: BlackRock disclosed a significant stake in Qiagen (regulatory filing disclosure) — standard reporting that may affect cross‑holdings but not core operations. TipRanks
• Neutral Sentiment: Report that a BlackRock entity (Portfolio Management LLC) bought 752,500 shares of YSS shows the firm acting as an investor/asset manager rather than signaling BLK corporate moves — informational but not directly value‑creating for BLK stock. Quiver Quantitative
• Negative Sentiment: Coverage flagged a valuation check after a loan write‑down and shifts in Bitcoin ETF flows — issues that raise short‑term earnings and valuation concern for BLK and can pressure the stock. Yahoo Finance
• Negative Sentiment: Reports that BlackRock moved over $670M in Bitcoin and Ethereum to Coinbase may reflect rebalancing or client flows; markets sometimes interpret large crypto transfers as potential outflows or liquidity shifts, which can weigh on sentiment. CryptoBriefing

Wall Street Analysts Forecast Growth

BLK has been the topic of several analyst reports. CICC Research lifted their price objective on BlackRock from $1,000.00 to $1,250.00 in a report on Tuesday. Jefferies Financial Group restated a “buy” rating and issued a $1,351.00 price target on shares of BlackRock in a research note on Friday, January 16th. TD Cowen cut shares of BlackRock from a “buy” rating to a “hold” rating in a report on Wednesday, January 14th. BNP Paribas Exane raised their price objective on shares of BlackRock from $1,290.00 to $1,300.00 and gave the stock an “outperform” rating in a report on Thursday, January 15th. Finally, Barclays upped their target price on shares of BlackRock from $1,300.00 to $1,350.00 and gave the company an “overweight” rating in a research note on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, BlackRock currently has a consensus rating of “Moderate Buy” and an average target price of $1,311.11.

Insiders Place Their Bets

In other news, CFO Martin Small sold 27,047 shares of the business’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $1,171.14, for a total transaction of $31,675,823.58. Following the completion of the transaction, the chief financial officer owned 10,557 shares of the company’s stock, valued at approximately $12,363,724.98. The trade was a 71.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director J. Richard Kushel sold 20,000 shares of the company’s stock in a transaction dated 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. This represents a 24.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 48,305 shares of company stock worth $55,488,396 over the last quarter. 1.98% of the stock is currently owned by company insiders.

BlackRock Company 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.