BlackRock $BLK Shares Purchased by Wesbanco Bank Inc.

Wesbanco Bank Inc. raised its holdings in BlackRock (NYSE:BLK) by 63.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 13,193 shares of the asset manager’s stock after buying an additional 5,104 shares during the quarter. Wesbanco Bank Inc.’s holdings in BlackRock were worth $15,381,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of BLK. Norges Bank purchased a new stake in shares of BlackRock during the second quarter valued at $2,644,007,000. Laurel Wealth Advisors LLC lifted its position in BlackRock by 105,267.4% during 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 acquiring an additional 1,704,280 shares during the period. Franklin Resources Inc. grew its stake 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 purchasing an additional 842,901 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its holdings in shares of BlackRock by 1,962.0% in 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 purchasing an additional 754,060 shares during the period. Finally, Parkside Financial Bank & Trust raised its stake in shares of BlackRock by 29,043.2% in the third quarter. Parkside Financial Bank & Trust now owns 245,094 shares of the asset manager’s stock worth $285,748,000 after purchasing an additional 244,253 shares during the last quarter. Hedge funds and other institutional investors own 80.69% of the company’s stock.

Insiders Place Their Bets

In other BlackRock news, Director J. Richard Kushel sold 20,000 shares of the company’s stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $1,125.00, for a total value of $22,500,000.00. Following the completion of the sale, the director directly owned 61,894 shares in the company, valued at $69,630,750. This represents a 24.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Martin Small sold 27,047 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at $12,363,724.98. This represents a 71.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 48,305 shares of company stock worth $55,488,396 in the last three months. 1.98% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on BLK shares. Bank of America increased their price target on shares of BlackRock from $1,456.00 to $1,464.00 in a report on Wednesday, December 10th. UBS Group set a $1,280.00 target price on shares of BlackRock in a report on Friday, January 16th. CICC Research boosted their target price on shares of BlackRock from $1,000.00 to $1,250.00 in a research report on Tuesday, February 3rd. BMO Capital Markets cut their price target on BlackRock from $1,300.00 to $1,250.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 13th. Finally, Argus boosted their price objective on BlackRock from $1,165.00 to $1,330.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,311.11.

BlackRock Price Performance

Shares of NYSE BLK opened at $1,080.22 on Tuesday. The firm has a market cap of $167.60 billion, a PE ratio of 30.50, a PEG ratio of 1.32 and a beta of 1.47. The firm has a fifty day moving average of $1,092.90 and a 200 day moving average of $1,106.93. 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 has a one year low of $773.74 and a one year high of $1,219.94.

BlackRock (NYSE:BLK) last released its 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. The business had revenue of $6.33 billion during the quarter, compared to analyst estimates of $6.80 billion. BlackRock had a net margin of 22.93% and a return on equity of 15.14%. The company’s revenue for the quarter was up 23.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $11.93 earnings per share. As a group, research analysts predict that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Friday, March 6th will be given a dividend of $5.73 per share. The ex-dividend date is Friday, March 6th. This is a positive change from BlackRock’s previous quarterly dividend of $5.21. This represents a $22.92 dividend on an annualized basis and a yield of 2.1%. BlackRock’s dividend payout ratio (DPR) is 58.84%.

BlackRock News Roundup

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: IBIT pulled in meaningful capital last week, with reports noting a $231M inflow into BlackRock’s Bitcoin ETF — a direct revenue and AUM positive for BlackRock’s ETF franchise. BlackRock’s IBIT Draws In $231M As Bitcoin ETFs Close Week Positively — Details
• Positive Sentiment: Bitcoin reclaimed $70k in another report, which tends to lift demand and flows into spot BTC products like IBIT — a supportive macro/drivers-of-fees read-through for BLK. Bitcoin At $70K Again – Is the Bear Market Over and Will $HYPER Follow?
• Positive Sentiment: Analysis comparing iShares ETFs (IVV/ITOT/IWM) highlights BlackRock’s ETF product strength and choice for investors, underscoring recurring-fee businesses that support BLK’s valuation. IVV vs. ITOT vs. IWM: Which iShares ETF Could Deliver the Best Returns in 2026?
• Neutral Sentiment: Nasdaq kept IBIT’s position-limit regime intact while leveling limits for some rivals — a regulatory/market-structure note that preserves BlackRock’s existing trading framework without an immediate upside shock. IBIT Position Limits Stay Put as Nasdaq Levels Bitcoin ETF Playing Field
• Neutral Sentiment: Company filings show BlackRock trimming or ceasing to be a substantial holder in small international names (SiteMinder, BAWAG stake trimmed, sub‑5% disclosure in Stora Enso) — routine portfolio/holding adjustments with limited direct impact on BLK’s core business. BlackRock Ceases to Be Substantial Holder in SiteMinder BlackRock Trims Stake in BAWAG Group to 5.44% of Voting Rights BlackRock Discloses Sub-5% Indirect Holdings in Stora Enso
• Negative Sentiment: Reports show renewed ETF outflows helped drive a crypto pullback below $70k at times; coverage cites IBIT as the lone stabilizer, implying that net negative flows elsewhere can still create volatility that pressures short-term fee growth. ETF Outflows Fuel Bitcoin’s Crash Below $70K as BMIC Makes Consistent Gains
• Negative Sentiment: Commentary suggests institutional hedging tied to structured BTC products can amplify selloffs — a reminder that BlackRock’s large ETF footprint links it to systemic crypto market moves and potential short-term volatility in AUM. Bitcoin Selloff Sparks Fresh Debate Over Institutional Market Forces

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.