BlackRock $BLK Shares Acquired by Annis Gardner Whiting Capital Advisors LLC

Annis Gardner Whiting Capital Advisors LLC grew its holdings in shares of BlackRock (NYSE:BLK) by 206.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 949 shares of the asset manager’s stock after purchasing an additional 639 shares during the period. Annis Gardner Whiting Capital Advisors LLC’s holdings in BlackRock were worth $1,106,000 at the end of the most recent quarter.

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

More BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock and MSCI extended their long-term equity index licensing pact, preserving a steady revenue stream tied to index licensing and ETF indexing that supports recurring fees. MSCI, BlackRock extend long-term equity index licensing pact
• Positive Sentiment: BlackRock co-led a $257M Series D for cell‑therapy automation company Cellares, showing continued private-market deal activity and growth in alternatives that can boost fee diversification and long‑term AUM. Cellares Raises $257 Million Series D Led by BlackRock and Eclipse
• Positive Sentiment: BlackRock added Gregg R. Lemkau to its board, strengthening governance with an experienced investor whose network and deal expertise could aid strategic oversight. BlackRock Elects Gregg Lemkau to Board of Directors
• Neutral Sentiment: BlackRock disclosed it boosted its stake in Archer Aviation — a sign of conviction in selected private/public growth bets; this demonstrates active portfolio deployment but has limited near-term impact on BLK’s fee base. Did BlackRock Build A New Floor for Archer’s Stock Price?
• Neutral Sentiment: BlackRock filed for another Bitcoin ETF, expanding its crypto product lineup; filings signal potential future revenue and market share gains in digital-asset ETF flows but depend on approvals and investor adoption. BlackRock Drops Another Bitcoin ETF, But No Sign Of An XRP ETF
• Neutral Sentiment: Speculation that BlackRock’s Rick Rieder is a frontrunner for Fed chair keeps the firm in headlines; markets interpret his fixed‑income stature as a potential tailwind for rate-sensitive flows, though the development also raises governance and political scrutiny questions. The market thinks BlackRock’s Rick Rieder will be the next Fed chair
• Negative Sentiment: Critical commentary on BlackRock’s new covered‑call Bitcoin ETF warns of a crowded product market and potential investor misalignment; such criticism can temper enthusiasm for fee expansion in niche ETF strategies. BlackRock’s New Covered Call Bitcoin ETF Is Another Red Flag for a Dangerous Investing Trend
• Neutral Sentiment: Recent quarterly results showed an EPS beat but revenue below some estimates; AUM and revenue growth remain strong year‑over‑year, supporting investor confidence in fee durability despite mixed top‑line prints. BlackRock recent earnings summary

Insider Transactions at BlackRock

In other news, Director J. Richard Kushel sold 20,000 shares of the company’s stock in a transaction that occurred on 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 completion of the transaction, the director directly owned 61,894 shares of the company’s stock, valued at $69,630,750. This represents a 24.42% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Martin Small sold 27,047 shares of BlackRock stock in a transaction on Friday, January 16th. The shares were sold at an average price of $1,171.14, for a total transaction of $31,675,823.58. Following the completion of the sale, the chief financial officer directly owned 10,557 shares in the company, valued at $12,363,724.98. This represents a 71.93% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 48,305 shares of company stock valued at $55,488,396 in the last ninety days. 1.98% of the stock is currently owned by insiders.

Analyst Ratings Changes

BLK has been the topic of several research reports. Freedom Capital raised BlackRock from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 23rd. JPMorgan Chase & Co. increased their price objective on BlackRock from $1,244.00 to $1,267.00 and gave the company a “neutral” rating in a report on Friday, January 9th. Wall Street Zen upgraded BlackRock from a “sell” rating to a “hold” rating in a research note on Saturday, January 17th. UBS Group set a $1,280.00 target price on BlackRock in a research report on Friday, January 16th. Finally, Bank of America raised their price target on shares of BlackRock from $1,456.00 to $1,464.00 in a research report on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, BlackRock has an average rating of “Moderate Buy” and an average target price of $1,314.71.

BlackRock Price Performance

NYSE:BLK opened at $1,121.17 on Thursday. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.33 and a quick ratio of 3.33. The company has a 50 day moving average price of $1,083.40 and a 200-day moving average price of $1,107.49. BlackRock has a 1-year low of $773.74 and a 1-year high of $1,219.94. The firm has a market cap of $173.95 billion, a price-to-earnings ratio of 31.65, a price-to-earnings-growth ratio of 1.39 and a beta of 1.47.

BlackRock (NYSE:BLK) last announced its quarterly earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $12.55 by $0.61. BlackRock had a net margin of 22.93% and a return on equity of 15.14%. The firm had revenue of $6.33 billion for the quarter, compared to the consensus estimate of $6.80 billion. During the same period in the prior year, the firm posted $11.93 earnings per share. The firm’s quarterly revenue was up 23.4% compared to the same quarter last year. Equities research analysts forecast that BlackRock will post 47.41 EPS for the current year.

BlackRock Increases Dividend

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

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.