D.A. Davidson & CO. Acquires 1,068 Shares of BlackRock $BLK

D.A. Davidson & CO. grew its holdings in BlackRock (NYSE:BLK) by 11.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,594 shares of the asset manager’s stock after buying an additional 1,068 shares during the period. D.A. Davidson & CO.’s holdings in BlackRock were worth $12,352,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Welch Group LLC increased its stake in BlackRock by 1.2% during the second quarter. Welch Group LLC now owns 760 shares of the asset manager’s stock worth $797,000 after acquiring an additional 9 shares during the last quarter. Stanley Laman Group Ltd. boosted its holdings in shares of BlackRock by 2.7% in the 2nd quarter. Stanley Laman Group Ltd. now owns 340 shares of the asset manager’s stock worth $357,000 after purchasing an additional 9 shares during the period. CNB Bank increased its position in shares of BlackRock by 9.6% during the 2nd quarter. CNB Bank now owns 103 shares of the asset manager’s stock valued at $108,000 after purchasing an additional 9 shares during the last quarter. Magellan Asset Management Ltd raised its holdings in BlackRock by 14.3% during the 2nd quarter. Magellan Asset Management Ltd now owns 72 shares of the asset manager’s stock valued at $76,000 after buying an additional 9 shares during the period. Finally, FAS Wealth Partners Inc. lifted its position in BlackRock by 1.1% in the second quarter. FAS Wealth Partners Inc. now owns 817 shares of the asset manager’s stock worth $857,000 after buying an additional 9 shares during the last quarter. 80.69% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CFO Martin Small sold 1,258 shares of the business’s stock in a transaction on 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 completion of the transaction, the chief financial officer directly owned 6,209 shares of the company’s stock, valued at approximately $6,478,346.42. The trade was a 16.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Rachel Lord sold 12,000 shares of the firm’s 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 directly owned 7,205 shares in the company, valued at approximately $8,394,113.20. The trade was a 62.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.98% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on BLK. Deutsche Bank Aktiengesellschaft reduced their target price on shares of BlackRock from $1,305.00 to $1,298.00 and set a “buy” rating on the stock in a research note on Wednesday, December 17th. Keefe, Bruyette & Woods dropped their target price on BlackRock from $1,390.00 to $1,322.00 and set an “outperform” rating for the company in a research report on Tuesday, December 16th. Argus increased their price target on BlackRock from $1,165.00 to $1,330.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. UBS Group initiated coverage on BlackRock in a report on Thursday, December 11th. They set a “neutral” rating and a $1,180.00 price objective for the company. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $1,313.00 price objective on shares of BlackRock in a research report on Tuesday, December 9th. Seventeen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,316.18.

BlackRock Stock Performance

BLK stock opened at $1,119.62 on Tuesday. BlackRock has a 1-year low of $773.74 and a 1-year high of $1,219.94. The business has a 50-day moving average price of $1,067.93 and a 200 day moving average price of $1,100.24. The company has a market capitalization of $173.71 billion, a P/E ratio of 28.79, a PEG ratio of 1.52 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 (NYSE:BLK) last posted its earnings results on Tuesday, October 14th. The asset manager reported $11.55 EPS for the quarter, missing analysts’ consensus estimates of $11.78 by ($0.23). BlackRock had a net margin of 26.64% and a return on equity of 14.80%. The business had revenue of $6.51 billion for the quarter, compared to analysts’ expectations of $6.22 billion. During the same period last year, the business posted $11.46 EPS. The company’s revenue for the quarter was up 25.2% on a year-over-year basis. As a group, equities research analysts forecast that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Announces Dividend

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

Key Headlines Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Crypto rally and renewed institutional demand for Bitcoin/ETH is indirectly lifting BlackRock because of ETF inflows and its prior purchases of crypto assets — a boost to iShares crypto ETF AUM and related fee income. Read More.
• Positive Sentiment: BlackRock ETF leadership highlighting three key ETF themes for 2026 signals management confidence in product growth areas (equity ETFs, thematic/active strategies) and may support organic AUM growth expectations. Read More.
• Positive Sentiment: Coverage of BlackRock-backed iShares emerging-markets dividend ETF and the firm’s 2026 equity outlook underscores potential upside for international ETF flows if emerging markets continue to outperform — positive for long-term AUM and fee revenue. Read More.
• Neutral Sentiment: Several BlackRock-managed municipal closed-end funds and target-term trusts declared regular dividends this morning (MuniHoldings NY, MuniVest series, MuniYield funds, 2037 Municipal Target Term Trust, etc.). These are routine distributions that support product stability and may modestly help fee-based revenue retention but are unlikely to materially move BLK alone. Read More.
• Negative Sentiment: Reliance on risk-on flows (crypto, emerging markets) tied to geopolitical events and Fed liquidity increases makes current upside vulnerable to reversals — a rapid unwind of risk sentiment or a change in Fed operations could quickly compress ETF inflows and pressure performance. Read More.

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.