Allstate Corp Boosts Holdings in BlackRock $BLK

Allstate Corp lifted its stake in shares of BlackRock (NYSE:BLK) by 1,739.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,371 shares of the asset manager’s stock after buying an additional 5,079 shares during the quarter. Allstate Corp’s holdings in BlackRock were worth $6,262,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Norges Bank bought a new position in shares of BlackRock during the second quarter valued at approximately $2,644,007,000. Laurel Wealth Advisors LLC grew its stake in shares of BlackRock by 105,267.4% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,705,899 shares of the asset manager’s stock worth $1,789,915,000 after buying an additional 1,704,280 shares during the last quarter. Franklin Resources Inc. increased its position in BlackRock by 72.5% during the 2nd quarter. Franklin Resources Inc. now owns 2,005,358 shares of the asset manager’s stock valued at $2,104,122,000 after buying an additional 842,901 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its stake in BlackRock by 1,962.0% during 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 buying an additional 754,060 shares during the last quarter. Finally, McElhenny Sheffield Capital Management LLC bought a new stake in BlackRock in the second quarter worth $231,000. 80.69% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Q4 beat and shareholder returns — BlackRock reported Q4 revenue and EPS above estimates, reached a record $14.04T AUM, raised the quarterly dividend 10% and authorized new buybacks, which supports cash returns and long‑term fee growth. BlackRock Reports Fourth Quarter 2025 Earnings
• Positive Sentiment: Record inflows driven by ETFs and cash products — Strong ETF and money‑market inflows pushed AUM higher and boosted fee revenue, underpinning near‑term growth momentum. BlackRock Earnings: Company Hits Record $14 Trillion in Assets Behind Strong ETF Flows
• Positive Sentiment: Strategic AI/Microsoft partnership funding — BlackRock said its AI‑infrastructure partnership with Microsoft has raised ~$12.5B toward a $30B target, highlighting new product and infrastructure initiatives that could produce fee opportunities. BlackRock Says AI Partnership Raises $12.5 Billion Toward $30 Billion Goal
• Positive Sentiment: Bullish analyst stance — Several firms reiterated or raised targets after the results, including Morgan Stanley’s Overweight view with a high price target that signals substantial upside from current levels. BlackRock: Compounding Secular Growth at a Discounted Valuation Supports Overweight Rating and 34% Upside
• Neutral Sentiment: Operational change: ETF listings move — BlackRock will move four iShares money‑market/short‑duration ETFs to the NYSE in February; operationally minor but relevant for ETF market structure and liquidity. BlackRock to Change Primary Listing Venue for Four iShares ETFs
• Neutral Sentiment: Strategic investments and private markets push — BlackRock outlined an ambitious plan to raise large private‑market pools and is pursuing deals (including a reported $333.6M commitment in India’s Aditya Birla renewables), signaling long‑term diversification but with longer realization timelines. Building ‘The Machine’: How BlackRock Plans To Raise $400B And Democratize Private Market Investing
• Negative Sentiment: Profit and margin pressure — Despite EPS and revenue beats, reported net income fell significantly year‑over‑year and operating profit showed pressure (per coverage), a reminder that earnings quality and cash generation face near‑term headwinds. BlackRock’s Profit Fell, Assets Hit Record $14 Trillion, in Fourth Quarter
• Negative Sentiment: Mixed analyst moves and a few downgrades — Some shops trimmed targets (Evercore, BMO) and TD Cowen issued a downgrade, creating short‑term analyst chatter and potential volatility despite overall constructive sentiment from other firms. Evercore ISI Lowers Price Target on BlackRock to $1,275

Insider Activity at BlackRock

In other news, CFO Martin Small sold 1,258 shares of the business’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. The trade was a 16.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.98% of the stock is owned by insiders.

BlackRock Trading Up 0.7%

NYSE:BLK opened at $1,164.72 on Monday. BlackRock has a one year low of $773.74 and a one year high of $1,219.94. The business has a fifty day moving average price of $1,071.82 and a 200-day moving average price of $1,105.26. The firm has a market capitalization of $180.71 billion, a price-to-earnings ratio of 32.88, a price-to-earnings-growth ratio of 1.68 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 announced its quarterly earnings data on Thursday, January 15th. The asset manager reported $13.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $12.55 by $0.61. The company had revenue of $7.01 billion during the quarter, compared to the consensus estimate of $6.80 billion. BlackRock had a return on equity of 15.14% and a net margin of 22.93%.The firm’s revenue was up 23.4% on a year-over-year basis. During the same period in the previous year, the company posted $11.93 EPS. Sell-side analysts forecast that BlackRock will post 47.41 EPS for the current year.

BlackRock Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Friday, March 6th will be paid a $5.73 dividend. This represents a $22.92 dividend on an annualized basis and a dividend yield of 2.0%. This is a boost from BlackRock’s previous quarterly dividend of $5.21. The ex-dividend date of this dividend is Friday, March 6th. BlackRock’s dividend payout ratio is currently 58.84%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on BLK. Barclays raised their price objective 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. Cowen downgraded shares of BlackRock from a “buy” rating to a “hold” rating in a research report on Wednesday. Wall Street Zen upgraded shares of BlackRock from a “sell” rating to a “hold” rating in a report on Saturday. Weiss Ratings reiterated a “buy (b-)” rating on shares of BlackRock in a research note on Monday, December 29th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $1,313.00 target price on shares of BlackRock in a report on Tuesday, December 9th. Fifteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,314.71.

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.