BlackRock $BLK Holdings Lifted by Corient Private Wealth LLC

Corient Private Wealth LLC grew its position in shares of BlackRock (NYSE:BLK) by 5,190.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,490,422 shares of the asset manager’s stock after purchasing an additional 5,386,640 shares during the period. BlackRock accounts for about 3.1% of Corient Private Wealth LLC’s investment portfolio, making the stock its 7th largest position. Corient Private Wealth LLC’s holdings in BlackRock were worth $5,876,618,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of BLK. Shum Financial Group Inc. boosted its position in BlackRock by 0.4% during the fourth quarter. Shum Financial Group Inc. now owns 2,183 shares of the asset manager’s stock worth $2,336,000 after acquiring an additional 9 shares during the last quarter. First Bancorp Inc ME lifted its stake in shares of BlackRock by 2.9% during the 4th quarter. First Bancorp Inc ME now owns 321 shares of the asset manager’s stock worth $344,000 after purchasing an additional 9 shares during the period. Rather & Kittrell Inc. boosted its holdings in shares of BlackRock by 2.1% during the fourth quarter. Rather & Kittrell Inc. now owns 430 shares of the asset manager’s stock worth $461,000 after purchasing an additional 9 shares during the last quarter. Oakworth Capital Inc. boosted its holdings in shares of BlackRock by 1.2% during the fourth quarter. Oakworth Capital Inc. now owns 755 shares of the asset manager’s stock worth $808,000 after purchasing an additional 9 shares during the last quarter. Finally, Tortoise Investment Management LLC grew its position in shares of BlackRock by 23.8% in the third quarter. Tortoise Investment Management LLC now owns 52 shares of the asset manager’s stock valued at $61,000 after purchasing an additional 10 shares during the period. Institutional investors and hedge funds own 80.69% of the company’s stock.

Insiders Place Their Bets

In other BlackRock news, President Robert Kapito sold 8,739 shares of the business’s stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $1,056.60, for a total transaction of $9,233,627.40. Following the transaction, the president owned 210,186 shares in the company, valued at $222,082,527.60. The trade was a 3.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Laurence Fink sold 33,900 shares of the company’s stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $1,050.55, for a total value of $35,613,645.00. Following the completion of the sale, the chief executive officer directly owned 230,516 shares of the company’s stock, valued at $242,168,583.80. The trade was a 12.82% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.92% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on BLK shares. The Goldman Sachs Group increased their price objective on shares of BlackRock from $1,181.00 to $1,313.00 and gave the stock a “buy” rating in a report on Wednesday, April 15th. Keefe, Bruyette & Woods boosted their target price on shares of BlackRock from $1,150.00 to $1,240.00 and gave the company an “outperform” rating in a report on Wednesday, April 15th. Evercore dropped their price target on shares of BlackRock from $1,220.00 to $1,140.00 and set an “outperform” rating for the company in a research report on Monday, June 8th. Weiss Ratings raised shares of BlackRock from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, May 13th. Finally, Morgan Stanley lifted their price target on shares of BlackRock from $1,368.00 to $1,393.00 and gave the company an “overweight” rating in a report on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $1,264.61.

BlackRock Trading Down 0.6%

NYSE BLK opened at $1,051.51 on Friday. BlackRock has a one year low of $917.39 and a one year high of $1,219.94. The company’s 50 day moving average price is $1,046.92 and its 200 day moving average price is $1,051.90. The company has a debt-to-equity ratio of 0.34, a quick ratio of 4.09 and a current ratio of 4.09. The firm has a market capitalization of $163.23 billion, a price-to-earnings ratio of 26.39, a PEG ratio of 1.38 and a beta of 1.42.

BlackRock (NYSE:BLK) last announced its quarterly earnings results on Tuesday, April 14th. The asset manager reported $12.53 earnings per share for the quarter, beating analysts’ consensus estimates of $12.40 by $0.13. BlackRock had a net margin of 24.40% and a return on equity of 14.74%. The firm had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $6.56 billion. During the same period in the previous year, the company posted $9.64 earnings per share. BlackRock’s revenue was up 27.0% compared to the same quarter last year. On average, sell-side analysts predict that BlackRock will post 52.8 EPS for the current year.

BlackRock Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Friday, June 5th will be issued a dividend of $5.73 per share. The ex-dividend date is Friday, June 5th. This represents a $22.92 annualized dividend and a dividend yield of 2.2%. BlackRock’s payout ratio is presently 57.53%.

Key BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock expanded its digital-assets lineup by launching a new iShares Bitcoin Premium Income ETF, a covered-call Bitcoin income product that could attract yield-seeking investors and broaden fee-generating AUM. BlackRock (BLK) Launches Bitcoin Income ETF To Expand Its Digital Assets Suite
• Positive Sentiment: BlackRock also filed for an additional covered-call Bitcoin ETF aimed at income investors, reinforcing its push to deepen its crypto product offering and potentially capture more demand in a fast-growing niche. BlackRock Files For Covered-Call Bitcoin ETF Aimed At Income Seekers
• Positive Sentiment: BlackRock Canada announced June cash distributions for iShares ETFs, underscoring stable ETF operations and recurring income generation across its franchise. BlackRock Canada Announces June Cash Distributions for the iShares ETFs
• Neutral Sentiment: BlackRock was mentioned in market commentary after the Federal Reserve held rates steady and signaled a potentially higher-for-longer policy path, which can affect asset flows and fixed-income performance but is not directly company-specific. Federal Reserve Holds Rates Steady as Officials Signal Potential Hikes Under New Chair Kevin Warsh
• Neutral Sentiment: Analyst-style and comparison articles highlighted BlackRock’s scale, Aladdin platform, and leadership in asset management, but these were more commentary than fresh catalysts. BlackRock vs. Blackstone: Which Financial Stock Is a Better Buy in 2026?
• Negative Sentiment: Broader crypto and risk-asset weakness following the Fed decision may be weighing on sentiment, which can offset some of the enthusiasm around BlackRock’s new Bitcoin-linked products.

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.