Albion Financial Group UT Purchases 1,289 Shares of BlackRock $BLK

Albion Financial Group UT raised its position in BlackRock (NYSE:BLK) by 4.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 27,528 shares of the asset manager’s stock after buying an additional 1,289 shares during the period. BlackRock accounts for 1.9% of Albion Financial Group UT’s investment portfolio, making the stock its 12th biggest holding. Albion Financial Group UT’s holdings in BlackRock were worth $32,094,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Pacifica Partners Inc. grew its position in shares of BlackRock by 450.0% during the 3rd quarter. Pacifica Partners Inc. now owns 22 shares of the asset manager’s stock valued at $25,000 after acquiring an additional 18 shares during the period. Garde Capital Inc. raised its holdings in shares of BlackRock by 200.0% in the 2nd quarter. Garde Capital Inc. now owns 27 shares of the asset manager’s stock worth $28,000 after purchasing an additional 18 shares during the period. Traub Capital Management LLC purchased a new position in BlackRock in the second quarter valued at approximately $28,000. Whipplewood Advisors LLC lifted its stake in BlackRock by 107.1% in the second quarter. Whipplewood Advisors LLC now owns 29 shares of the asset manager’s stock valued at $30,000 after purchasing an additional 15 shares during the last quarter. Finally, Game Plan Financial Advisors LLC grew its holdings in BlackRock by 100.0% during the first quarter. Game Plan Financial Advisors LLC now owns 30 shares of the asset manager’s stock valued at $28,000 after purchasing an additional 15 shares during the period. Hedge funds and other institutional investors own 80.69% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. The Goldman Sachs Group restated a “buy” rating and issued a $1,313.00 target price on shares of BlackRock in a research note on Tuesday, December 9th. Argus lifted their price objective on BlackRock from $1,165.00 to $1,330.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. JPMorgan Chase & Co. boosted their price objective on BlackRock from $1,093.00 to $1,242.00 and gave the company a “neutral” rating in a research note on Thursday, October 2nd. Morgan Stanley upped their price objective on shares of BlackRock from $1,486.00 to $1,514.00 and gave the company an “overweight” rating in a report on Wednesday, December 17th. Finally, Cowen reiterated a “buy” rating on shares of BlackRock in a research note on Wednesday, October 15th. Seventeen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,316.18.

BlackRock Stock Down 0.1%

BLK stock opened at $1,087.07 on Tuesday. The stock has a 50-day simple moving average of $1,072.41 and a two-hundred day simple moving average of $1,096.36. BlackRock has a twelve month low of $773.74 and a twelve month high of $1,219.94. The firm has a market capitalization of $168.66 billion, a PE ratio of 27.95, a PEG ratio of 1.72 and a beta of 1.47. The company has a quick ratio of 3.33, a current ratio of 3.33 and a debt-to-equity ratio of 0.34.

BlackRock (NYSE:BLK) last announced its quarterly earnings results on Tuesday, October 14th. The asset manager reported $11.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $11.78 by ($0.23). The firm had revenue of $6.51 billion during the quarter, compared to analysts’ expectations of $6.22 billion. BlackRock had a return on equity of 14.80% and a net margin of 26.64%.The company’s quarterly revenue was up 25.2% compared to the same quarter last year. During the same period in the previous year, the company posted $11.46 earnings per share. On average, equities analysts predict that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Friday, December 5th were given a dividend of $5.21 per share. This represents a $20.84 annualized dividend and a yield of 1.9%. The ex-dividend date was Friday, December 5th. BlackRock’s payout ratio is presently 53.59%.

Insider Transactions at BlackRock

In other BlackRock news, CFO Martin Small sold 1,258 shares of the company’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $1,043.38, for a total value of $1,312,572.04. Following the transaction, the chief financial officer directly owned 6,209 shares in the company, valued at $6,478,346.42. This represents a 16.85% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Rachel Lord sold 12,000 shares of BlackRock stock in a transaction dated Monday, October 20th. The shares were sold at an average price of $1,165.04, for a total value of $13,980,480.00. Following the sale, the director owned 7,205 shares of the company’s stock, valued at approximately $8,394,113.20. This trade represents a 62.48% decrease in their position. The SEC filing for this sale provides additional information. 1.98% of the stock is owned by corporate insiders.

Key BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock’s BUIDL — a tokenized Treasury product — became the first tokenized Treasury to pay $100M in dividends, signaling commercial traction for BlackRock’s tokenization business and a new potential revenue stream. BlackRock’s BUIDL becomes first tokenized Treasury to pay $100M in dividends
• Positive Sentiment: Report that BlackRock hit a record milestone in payouts underscores growing cash flows from its funds and ETF business, supporting fee income and shareholder-friendly distribution dynamics. BlackRock hits record milestone in payouts
• Positive Sentiment: Catalysts for on‑chain finance — including commentary that Wall Street tokenization (with BlackRock mentioned) strengthens Ether’s institutional case — reinforce BlackRock’s strategic positioning in tokenized assets and infrastructure. Etheruem’s tokenization role takes focus as Tom Lee outlines bullish outlook
• Positive Sentiment: Coverage noting bullish price outlooks tied to ETF activity (e.g., crypto ETF “buzz”) suggests market enthusiasm that can benefit BlackRock’s ETF distribution and brand momentum. XRP News Today: BlackRock ETF Buzz Lifts Bullish Price Outlook
• Neutral Sentiment: Benzinga’s price/earnings overview reiterates valuation metrics (PE/PEG) that make BLK appear expensive to some investors; useful context but not a near-term catalyst. Price Over Earnings Overview: BlackRock
• Neutral Sentiment: Head‑to‑head and analyst notes (peer comparisons, a “Hold” from Wall Street Zen) are mixed and represent incremental, not decisive, information for the stock. Westwood Holdings Group (NYSE:WHG) vs. BlackRock (NYSE:BLK) Head-To-Head Comparison BlackRock (NYSE:BLK) Upgraded to “Hold” at Wall Street Zen
• Negative Sentiment: Spot Bitcoin ETF outflows over the holiday week totaled ~$782M and BlackRock’s IBIT led redemptions (~$193M), creating near‑term AUM and fee pressure for BlackRock’s crypto ETF business. Spot Bitcoin ETFs bleed $782M during Christmas week amid ‘holiday positioning’

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.