Beverly Hills Private Wealth LLC Has $4.23 Million Position in BlackRock $BLK

Beverly Hills Private Wealth LLC cut its stake in shares of BlackRock (NYSE:BLK) by 11.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,627 shares of the asset manager’s stock after selling 473 shares during the quarter. Beverly Hills Private Wealth LLC’s holdings in BlackRock were worth $4,229,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in BLK. Pacifica Partners Inc. boosted its position in BlackRock by 450.0% in the third quarter. Pacifica Partners Inc. now owns 22 shares of the asset manager’s stock valued at $25,000 after buying 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 acquiring an additional 20 shares during the last quarter. Traub Capital Management LLC acquired a new stake in BlackRock during the 2nd quarter valued at $28,000. Whipplewood Advisors LLC raised its position 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 purchasing an additional 15 shares during the last quarter. Finally, Creekmur Asset Management LLC boosted its stake in BlackRock by 87.5% in the second quarter. Creekmur Asset Management LLC now owns 30 shares of the asset manager’s stock worth $32,000 after purchasing an additional 14 shares in the last quarter. Institutional investors own 80.69% of the company’s stock.

Insider Activity

In other news, Director J. Richard Kushel sold 20,000 shares of the business’s stock in a transaction on Wednesday, January 21st. The shares were sold at an average price of $1,125.00, for a total value of $22,500,000.00. Following the completion of the transaction, the director owned 61,894 shares of the company’s stock, valued at $69,630,750. The trade was a 24.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Martin Small sold 27,047 shares of the company’s 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 owned 10,557 shares of the company’s stock, valued at approximately $12,363,724.98. This represents a 71.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 109,967 shares of company stock valued at $122,487,380. Insiders own 1.98% of the company’s stock.

BlackRock Stock Performance

Shares of BlackRock stock opened at $1,082.23 on Friday. The firm has a fifty day moving average of $1,093.58 and a two-hundred day moving average of $1,105.07. The company has a debt-to-equity ratio of 0.34, a quick ratio of 3.33 and a current ratio of 3.33. The stock has a market capitalization of $167.91 billion, a price-to-earnings ratio of 30.55, a PEG ratio of 1.37 and a beta of 1.47. BlackRock has a 52 week low of $773.74 and a 52 week high of $1,219.94.

BlackRock (NYSE:BLK) last announced its quarterly earnings data 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%.The firm’s quarterly revenue was up 23.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $11.93 earnings per share. As a group, equities research analysts predict that BlackRock will post 47.41 EPS for the current year.

BlackRock Increases Dividend

The business also recently declared 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 is a boost from BlackRock’s previous quarterly dividend of $5.21. The ex-dividend date of this dividend is Friday, March 6th. This represents a $22.92 dividend on an annualized basis and a dividend yield of 2.1%. BlackRock’s dividend payout ratio (DPR) is currently 58.84%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on BLK. Wall Street Zen raised BlackRock from a “sell” rating to a “hold” rating in a report on Saturday, January 17th. BMO Capital Markets dropped their target price on shares of BlackRock from $1,300.00 to $1,250.00 and set an “outperform” rating for the company in a research note on Tuesday, January 13th. Evercore reduced their target price on shares of BlackRock from $1,300.00 to $1,275.00 and set an “outperform” rating on the stock in a research report on Monday, January 12th. Keefe, Bruyette & Woods raised their price target on shares of BlackRock from $1,310.00 to $1,340.00 and gave the company an “outperform” rating in a report on Tuesday. Finally, CICC Research boosted their price objective on shares of BlackRock from $1,000.00 to $1,250.00 in a research report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,311.11.

BlackRock News Roundup

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: ValueAct’s David Morfit disclosed a position in BlackRock and said the firm’s technology initiatives could make BlackRock “more powerful,” signaling potential activist support and strategic upside for the asset manager. ValueAct’s Morfit announces BlackRock position
• Positive Sentiment: Keefe, Bruyette & Woods raised its BLK price target to $1,340 and kept an outperform rating — a sizable analyst-upside that supports the stock’s valuation expectations. Keefe Bruyette Woods adjusts price target on BlackRock
• Positive Sentiment: Reports of a Hong Kong-linked firm and other large buyers putting significant capital into BlackRock’s iShares Bitcoin Trust (IBIT) highlight continued institutional demand for IBIT flows and fee-generating ETF assets. That demand can support revenues tied to ETF AUM. Mystery firm pours $436M into BlackRock’s ETF
• Positive Sentiment: Analysts remain broadly bullish on BLK’s medium-term growth despite recent underperformance, supporting buy-side interest and giving the stock fundamental backing. BlackRock Stock: Analyst Estimates & Ratings
• Neutral Sentiment: Jane Street and other market-maker 13F filings showed large IBIT positions, sparking manipulation rumors — but market-structure experts say those filings are consistent with dealer inventory/hedging rather than directional bets, so the impact on BLK is uncertain. Is Jane Street manipulating Bitcoin? The viral theory explained
• Neutral Sentiment: BlackRock trimmed a stake in a bitcoin-proxy strategy but remains the top shareholder — a modest repositioning that keeps it central to crypto ETF market dynamics without changing the company’s ETF leadership role. BlackRock trims stake in Bitcoin proxy Strategy
• Neutral Sentiment: Regulatory filings show new disclosed stakes in Qiagen and a sub‑5% indirect holding in Stora Enso — portfolio moves that matter for disclosure but are unlikely to shift BLK’s core business metrics materially. BlackRock Discloses stake in Qiagen
• Negative Sentiment: Rosen Law Firm announced an investigation into potential breaches of fiduciary duty by BlackRock directors/officers — litigation or governance scrutiny can create headline risk and investor unease. Rosen Law Firm investigation of BlackRock
• Negative Sentiment: Bitcoin ETFs recorded net outflows and a sharp slowdown in trading volume this week; weaker IBIT flows and crypto volatility can pressure fee growth tied to those ETFs. Bitcoin ETFs log $105M outflows as mystery IBIT buyer surfaces
• Negative Sentiment: Coverage noting that BLK “slid on investors’ concerns” points to short-term profit-taking and sentiment-driven volatility following the mix of news above. BlackRock (BLK) Slid on Investors’ Concerns

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.