CIBC Asset Management Inc Has $40.83 Million Position in BlackRock $BLK

CIBC Asset Management Inc boosted its holdings in shares of BlackRock (NYSE:BLK) by 1.5% in the third quarter, according to its most recent filing with the SEC. The firm owned 35,021 shares of the asset manager’s stock after acquiring an additional 501 shares during the period. CIBC Asset Management Inc’s holdings in BlackRock were worth $40,830,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in the stock. Pacifica Partners Inc. raised its stake in shares of BlackRock by 450.0% in the 3rd quarter. Pacifica Partners Inc. now owns 22 shares of the asset manager’s stock valued at $25,000 after purchasing an additional 18 shares during the period. TruNorth Capital Management LLC grew its holdings in shares of BlackRock by 1,000.0% during the third quarter. TruNorth Capital Management LLC now owns 22 shares of the asset manager’s stock worth $26,000 after buying an additional 20 shares in the last quarter. Traub Capital Management LLC acquired a new stake in BlackRock in the 2nd quarter valued at approximately $28,000. Whipplewood Advisors LLC lifted its stake in BlackRock by 107.1% in the 2nd quarter. Whipplewood Advisors LLC now owns 29 shares of the asset manager’s stock valued at $30,000 after acquiring an additional 15 shares in the last quarter. Finally, Creekmur Asset Management LLC boosted its position in BlackRock by 87.5% during the 2nd quarter. Creekmur Asset Management LLC now owns 30 shares of the asset manager’s stock worth $32,000 after acquiring an additional 14 shares during the last quarter. Institutional investors and hedge funds own 80.69% of the company’s stock.

Insider Buying and Selling at BlackRock

In other news, CFO Martin Small sold 27,047 shares of the stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $1,171.14, for a total value of $31,675,823.58. Following the transaction, the chief financial officer directly owned 10,557 shares of the company’s stock, valued at $12,363,724.98. This represents a 71.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director J. Richard Kushel sold 20,000 shares of BlackRock stock in a transaction dated Wednesday, January 21st. The stock was sold at an average price of $1,125.00, for a total transaction of $22,500,000.00. Following the sale, the director directly owned 61,894 shares of the company’s stock, valued at $69,630,750. The trade was a 24.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 48,305 shares of company stock valued at $55,488,396 in the last ninety days. Insiders own 1.98% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on BLK. The Goldman Sachs Group reiterated a “buy” rating and issued a $1,313.00 price objective on shares of BlackRock in a report on Tuesday, December 9th. UBS Group set a $1,280.00 price target on shares of BlackRock in a research note on Friday, January 16th. Argus increased their price objective on shares of BlackRock from $1,165.00 to $1,330.00 and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Deutsche Bank Aktiengesellschaft raised their price objective on BlackRock from $1,296.00 to $1,380.00 in a report on Thursday, January 15th. Finally, Loop Capital set a $1,255.00 target price on BlackRock in a report on Tuesday, October 21st. Fifteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, BlackRock currently has an average rating of “Moderate Buy” and an average price target of $1,314.71.

BlackRock News Summary

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Rick Rieder, BlackRock’s CIO of Global Fixed Income, is being talked about as a frontrunner for U.S. Federal Reserve chair after public praise from President Trump — a nomination would raise BlackRock’s influence on policy and could benefit business lines sensitive to rates and Fed guidance. BlackRock’s Rick Rieder surges ahead in race to chair Federal Reserve
• Positive Sentiment: CEO Larry Fink’s Davos push for rapid tokenization and a “common blockchain” reinforces BlackRock’s product roadmap (e.g., BUIDL money-market token on Ethereum with >$2B TVL), supporting potential new fee-bearing AUM and competitive crypto custody flows. Ethereum Emerges As Likely Candidate In BlackRock Tokenization Vision – Here’s Why
• Positive Sentiment: On-chain activity consistent with institutional crypto adoption: BlackRock-linked wallets transferred large amounts of bitcoin and ether into Coinbase Prime, signaling operational movement toward custody and trading channels for crypto products. This supports potential inflows to related ETFs and products over time. BlackRock-linked wallets move over $430 million in bitcoin, ether to Coinbase Prime
• Positive Sentiment: BlackRock increased its stake in AngloGold Ashanti to just over 10% — a material equity position that signals active portfolio deployment and could deliver strategic or performance upside in commodities exposure. BlackRock Lifts Stake in AngloGold Ashanti to Just Over 10%
• Neutral Sentiment: Larry Fink’s broader Davos commentary (AI, inequality and markets) sets strategic narrative for the firm but is more about reputation and long-term positioning than an immediate earnings catalyst. BlackRock CEO Larry Fink: ‘What Happens to Everyone Else’ If AI Fuels Inequality?
• Neutral Sentiment: Routine portfolio disclosures: BlackRock adjusted holdings (e.g., BAWAG voting rights), reflecting normal active positioning rather than a direct AUM driver. Investors should treat these as portfolio-management signals. BlackRock Adjusts Stake in BAWAG Group to 5.83% of Voting Rights
• Negative Sentiment: Insider selling: CFO Martin Small sold ~27,000 shares (~$31.7M) in mid-January; while insider sales aren’t uncommon, the size of the transaction can spook short-term investors. SEC Form 4 — Martin Small sale
• Negative Sentiment: Short-term headwinds in crypto products: U.S. bitcoin ETFs posted net outflows recently, a drag on fee revenue tied to IBIT and other crypto strategies. Bitcoin ETFs Log Off — Outflows
• Negative Sentiment: Unconfirmed reports of a large BlackRock XRP purchase circulated in crypto media — a speculative noise item that could invite regulatory scrutiny or investor overreaction until verified. Unverified BlackRock XRP purchase reports

BlackRock Stock Down 0.8%

Shares of BLK stock opened at $1,130.09 on Monday. BlackRock has a 52-week low of $773.74 and a 52-week high of $1,219.94. The stock has a market cap of $175.33 billion, a price-to-earnings ratio of 31.91, a PEG ratio of 1.42 and a beta of 1.47. The firm’s 50-day moving average is $1,077.56 and its 200-day moving average is $1,107.24. The company has a debt-to-equity ratio of 0.34, a quick ratio of 3.33 and a current ratio of 3.33.

BlackRock (NYSE:BLK) last posted its quarterly earnings results on Thursday, January 15th. The asset manager reported $13.16 EPS for the quarter, topping analysts’ consensus estimates of $12.55 by $0.61. The business had revenue of $6.33 billion during the quarter, compared to analysts’ expectations of $6.80 billion. BlackRock had a return on equity of 15.14% and a net margin of 22.93%.BlackRock’s quarterly revenue was up 23.4% on a year-over-year basis. During the same quarter last year, the company posted $11.93 earnings per share. Sell-side analysts predict that BlackRock will post 47.41 EPS for the current year.

BlackRock Increases Dividend

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

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.