BlackRock $BLK Shares Sold by Cim Investment Management Inc.

Cim Investment Management Inc. reduced its stake in BlackRock (NYSE:BLK) by 50.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,499 shares of the asset manager’s stock after selling 1,539 shares during the period. Cim Investment Management Inc.’s holdings in BlackRock were worth $1,748,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Pacifica Partners Inc. grew its holdings in BlackRock by 450.0% during 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 in the last quarter. TruNorth Capital Management LLC lifted its position in BlackRock by 1,000.0% in the third 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 period. Traub Capital Management LLC acquired a new stake in shares of BlackRock during the 2nd quarter valued at $28,000. Howard Hughes Medical Institute purchased a new stake in shares of BlackRock during the second quarter valued at $33,000. Finally, Hopwood Financial Services Inc. raised its holdings in shares of BlackRock by 866.7% during the third quarter. Hopwood Financial Services Inc. now owns 29 shares of the asset manager’s stock valued at $34,000 after acquiring an additional 26 shares during the period. Institutional investors and hedge funds own 80.69% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on the company. CICC Research upped their price target on BlackRock from $1,000.00 to $1,250.00 in a report on Tuesday, February 3rd. UBS Group raised BlackRock from a “neutral” rating to a “buy” rating and set a $1,280.00 price objective for the company in a report on Monday, February 23rd. The Goldman Sachs Group restated a “buy” rating and issued a $1,313.00 price target on shares of BlackRock in a research report on Tuesday, December 9th. Barclays boosted their price target on shares of BlackRock from $1,300.00 to $1,350.00 and gave the company an “overweight” rating in a report on Friday, January 16th. Finally, BNP Paribas Exane increased their target price on BlackRock from $1,290.00 to $1,300.00 and gave the stock an “outperform” rating in a research note on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,308.89.

BlackRock Trading Up 3.0%

NYSE:BLK opened at $971.73 on Wednesday. The firm has a 50-day moving average price of $1,069.41 and a two-hundred day moving average price of $1,089.81. The firm has a market cap of $151.14 billion, a price-to-earnings ratio of 27.43, a price-to-earnings-growth ratio of 1.20 and a beta of 1.48. BlackRock has a 52 week low of $773.74 and a 52 week high of $1,219.94. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.98 and a current ratio of 2.98.

BlackRock (NYSE:BLK) last posted its quarterly earnings data on Thursday, January 15th. The asset manager reported $13.16 earnings per share for the quarter, topping the consensus estimate of $12.55 by $0.61. The business had revenue of $7.01 billion for the quarter, compared to analysts’ expectations of $6.80 billion. BlackRock had a return on equity of 14.78% and a net margin of 22.93%.The business’s revenue was up 23.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $11.93 earnings per share. On average, equities analysts expect that BlackRock will post 47.41 earnings per share for the current fiscal year.

BlackRock Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Friday, March 6th will be given a $5.73 dividend. This is an increase from BlackRock’s previous quarterly dividend of $5.21. This represents a $22.92 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Friday, March 6th. BlackRock’s dividend payout ratio (DPR) is 64.71%.

Key Headlines Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock launched a new iShares Ethereum ETF (iShares Staked Ethereum Trust, ETHB) that offers staking rewards, expanding its digital‑asset product suite and tapping strong crypto ETF demand. This helps explain strength in the stock as fee and AUM growth opportunities rise. BlackRock launches new ethereum ETF packed with staking rewards
• Positive Sentiment: Bitcoin and ether ETFs have seen inflows and price gains (bitcoin hit a six‑week high), a tailwind for BlackRock’s crypto ETF business and overall ETF AUM growth. Bitcoin touches a six-week high as investors pour into ETFs
• Positive Sentiment: Market commentary notes BlackRock “outpaced the stock market” in recent sessions, reflecting sector leadership and positive sentiment following its earnings beat and robust revenue growth earlier this year. Why BlackRock (BLK) Outpaced the Stock Market Today
• Neutral Sentiment: Technical analysts say BLK has entered a “key buying zone” below $1,000 — relevant to traders and short‑term flows but not a fundamental driver. BlackRock (BLK) Enters Key Buying Zone below $1000
• Neutral Sentiment: Regulatory/portfolio disclosures: BlackRock increased its stake in Rentokil Initial, a portfolio move that signals active equity positioning but has limited immediate impact on BLK’s shares. Rentokil Initial Discloses Increase in BlackRock Stake Above 12%
• Negative Sentiment: Pomerantz LLP is investigating claims on behalf of BlackRock investors — a legal probe that can create headline risk, potential litigation costs, and reputational pressure. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of BlackRock, Inc. – BLK
• Negative Sentiment: Industry stress in private credit (coverage of a possible $10B investor exit wave and broader private‑credit scrutiny) poses a risk to asset managers with private‑credit platforms or exposure; that dynamic is pressuring sentiment toward firms in the space, including BlackRock. Wall Street Lunch: Private Credit Funds Face $10B Investor Exit Wave
• Negative Sentiment: Product critique: a Seeking Alpha piece argues BlackRock’s CMDY commodities fund has better alternatives, which could slow flows into that specific product and draws attention to competitive pressures in ETF launches. CMDY: Commodities Fund From BlackRock, Better Alternatives Exist

Insider Transactions at BlackRock

In other BlackRock news, CFO Martin Small sold 27,047 shares of the business’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 sale, the chief financial officer owned 10,557 shares of the company’s stock, valued at $12,363,724.98. The trade was a 71.93% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Robert L. Goldstein sold 5,293 shares of the stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $1,084.22, for a total value of $5,738,776.46. Following the sale, the chief operating officer directly owned 46,185 shares in the company, valued at $50,074,700.70. This trade represents a 10.28% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 111,319 shares of company stock worth $123,999,249. Insiders own 1.98% of the company’s stock.

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.