BlackRock (NYSE:BLK) Director Sells $2,166,100.00 in Stock

BlackRock (NYSE:BLK) Director J. Richard Kushel sold 2,000 shares of BlackRock stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $1,083.05, for a total value of $2,166,100.00. Following the transaction, the director directly owned 61,980 shares in the company, valued at approximately $67,127,439. The trade was a 3.13% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

J. Richard Kushel also recently made the following trade(s):

• On Tuesday, February 24th, J. Richard Kushel sold 385 shares of BlackRock stock. The shares were sold at an average price of $1,084.91, for a total value of $417,690.35.
• On Wednesday, January 21st, J. Richard Kushel sold 20,000 shares of BlackRock stock. The stock was sold at an average price of $1,125.00, for a total transaction of $22,500,000.00.

BlackRock Stock Down 0.4%

Shares of NYSE BLK traded down $3.89 during trading on Thursday, hitting $1,089.89. The stock had a trading volume of 725,406 shares, compared to its average volume of 792,371. The firm has a fifty day moving average of $1,094.29 and a two-hundred day moving average of $1,104.10. The company has a market capitalization of $169.10 billion, a PE ratio of 30.77, a PEG ratio of 1.36 and a beta of 1.47. 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 has a 12 month low of $773.74 and a 12 month high of $1,219.94.

BlackRock (NYSE:BLK) last released its quarterly earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share for the quarter, topping the consensus estimate of $12.55 by $0.61. The business had revenue of $7.01 billion for the quarter, compared to analysts’ expectations of $6.80 billion. BlackRock had a net margin of 22.93% and a return on equity of 15.14%. The firm’s revenue for the quarter was up 23.4% compared to the same quarter last year. During the same period in the previous year, the company earned $11.93 earnings per share. As a group, equities research analysts forecast that BlackRock will post 47.41 EPS 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 given a dividend of $5.73 per share. The ex-dividend date of this dividend is Friday, March 6th. This is a positive change from BlackRock’s previous quarterly dividend of $5.21. This represents a $22.92 dividend on an annualized basis and a dividend yield of 2.1%. BlackRock’s dividend payout ratio (DPR) is 58.84%.

Analyst Upgrades and Downgrades

BLK has been the subject of several research analyst reports. TD Cowen lowered BlackRock from a “buy” rating to a “hold” rating in a research report on Wednesday, January 14th. Freedom Capital upgraded shares of BlackRock from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 23rd. Weiss Ratings reiterated a “buy (b-)” rating on shares of BlackRock in a research note on Monday, December 29th. JPMorgan Chase & Co. raised their target price on BlackRock from $1,244.00 to $1,267.00 and gave the stock a “neutral” rating in a research report on Friday, January 9th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $1,313.00 price target on shares of BlackRock in a research report on Tuesday, December 9th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $1,311.11.

Trending Headlines about BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock appointed Citi to provide select middle‑office services for roughly $4.0 trillion of U.S. iShares ETFs on the Aladdin platform — a scale deal that should improve ETF processing and distribution efficiency and could help drive future inflows. BlackRock Appoints Citi to Provide Select ETF Middle Office Services on Aladdin
• Positive Sentiment: US spot Bitcoin ETFs recorded a large daily inflow (~$258M), with Fidelity and BlackRock leading gains — positive for IBIT/crypto ETF fee revenue if flows persist. Bitcoin ETFs post $258M inflows as institutional Q4 selling hits 25,000 BTC
• Positive Sentiment: BlackRock has been active in crypto/DeFi and AI ecosystems (co‑investments in DeFi infrastructure and participation in a $250M round for AI chipmaker Axelera), signalling strategic diversification into higher‑growth themes. 3 Altcoins Rally After Wall Street Giants Buy Into DeFi Infrastructure European AI chip startup Axelera raises additional $250 million
• Positive Sentiment: Analyst actions remain supportive — recent upgrades and higher price targets from major banks keep a positive institutional backdrop. BlackRock Inc. Releases Q4 2025 Earnings (analyst section)
• Neutral Sentiment: BlackRock marginally reduced its stake in Austria’s BAWAG Group — a small, routine portfolio adjustment with limited impact on BLK’s business. BlackRock Marginally Reduces Stake in BAWAG Group
• Neutral Sentiment: Public debate over alleged programmatic Bitcoin selling (the “10am dump”) was disputed by analysts — relevant to IBIT/market‑making narratives but not a clear risk to BlackRock itself. Analysts reject Jane Street ‘10 am dump’ claims, say Bitcoin isn’t easily manipulated
• Negative Sentiment: Q4 showed strong revenue growth but notable margin compression — operating profit, net income and EPS fell year‑over‑year and operating cash flow declined, which raises near‑term profitability concerns. BlackRock Inc. Releases Q4 2025 Earnings
• Negative Sentiment: Reports that BlackRock was duped into a $430M loan tied to allegedly fake invoices create operational and reputational risk questions around credit underwriting. BlackRock duped into loaning $430M to telecom entrepreneur who allegedly faked invoices
• Negative Sentiment: Ongoing insider selling (including a recent sale by Director Stephen Cohen) is being tracked by investors and can weigh on near‑term sentiment even if sales reflect routine liquidity. BlackRock (NYSE:BLK) Director Sells $240,651.00 in Stock

Institutional Investors Weigh In On BlackRock

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Westerkirk Capital Inc. purchased a new position in shares of BlackRock during the second quarter valued at approximately $2,877,000. Police & Firemen s Retirement System of New Jersey grew its position in BlackRock by 7.9% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 23,167 shares of the asset manager’s stock worth $24,308,000 after purchasing an additional 1,693 shares during the period. Investment Research & Advisory Group Inc. bought a new position in shares of BlackRock during the 3rd quarter valued at $6,201,000. Lingohr Asset Management GmbH purchased a new position in shares of BlackRock in the 3rd quarter worth $700,000. Finally, California Public Employees Retirement System grew its holdings in shares of BlackRock by 8.2% in the second quarter. California Public Employees Retirement System now owns 256,937 shares of the asset manager’s stock worth $269,591,000 after acquiring an additional 19,404 shares during the period. 80.69% of the stock is currently owned by institutional investors.

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.