Diversified Trust Co. Sells 1,022 Shares of BlackRock $BLK

Diversified Trust Co. decreased its position in shares of BlackRock (NYSE:BLK) by 21.2% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 3,794 shares of the asset manager’s stock after selling 1,022 shares during the period. Diversified Trust Co.’s holdings in BlackRock were worth $4,061,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC boosted its position in shares of BlackRock by 23.1% during the fourth quarter. Brighton Jones LLC now owns 1,575 shares of the asset manager’s stock valued at $1,615,000 after purchasing an additional 296 shares in the last quarter. Bison Wealth LLC raised its holdings in BlackRock by 1.6% in the fourth quarter. Bison Wealth LLC now owns 1,052 shares of the asset manager’s stock worth $1,078,000 after purchasing an additional 17 shares in the last quarter. Schnieders Capital Management LLC. purchased a new position in BlackRock during the second quarter valued at $259,000. Global Retirement Partners LLC bought a new stake in shares of BlackRock during the 2nd quarter valued at $5,695,000. Finally, CreativeOne Wealth LLC boosted its holdings in shares of BlackRock by 42.3% during the 2nd quarter. CreativeOne Wealth LLC now owns 1,461 shares of the asset manager’s stock valued at $1,534,000 after buying an additional 434 shares in the last quarter. Institutional investors own 80.69% of the company’s stock.

Insider Transactions at BlackRock

In other BlackRock news, Director Stephen Cohen sold 2,179 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $1,073.87, for a total value of $2,339,962.73. Following the transaction, the director directly owned 6,543 shares of the company’s stock, valued at approximately $7,026,331.41. This trade represents a 24.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Robert L. Goldstein sold 54,190 shares of the business’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $1,087.29, for a total value of $58,920,245.10. Following the sale, the chief operating officer owned 51,478 shares of the company’s stock, valued at approximately $55,971,514.62. This represents a 51.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 111,319 shares of company stock worth $123,999,249 in the last ninety days. Insiders own 1.98% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on BLK shares. BNP Paribas Exane increased their price target on shares of BlackRock from $1,290.00 to $1,300.00 and gave the stock an “outperform” rating in a research note on Thursday, January 15th. UBS Group raised shares of BlackRock from a “neutral” rating to a “buy” rating and set a $1,280.00 price objective on the stock in a research note on Monday, February 23rd. Freedom Capital upgraded shares of BlackRock from a “hold” rating to a “strong-buy” rating in a report on Friday, January 23rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of BlackRock in a research note on Monday, December 29th. Finally, CICC Research lifted their target price on shares of BlackRock from $1,000.00 to $1,250.00 in a report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, BlackRock presently has an average rating of “Moderate Buy” and an average target price of $1,308.89.

BlackRock Trading Down 0.1%

Shares of BLK stock opened at $973.97 on Wednesday. The company has a current ratio of 2.98, a quick ratio of 2.98 and a debt-to-equity ratio of 0.37. BlackRock has a 12-month low of $773.74 and a 12-month high of $1,219.94. The stock has a market capitalization of $151.49 billion, a P/E ratio of 27.50, a P/E/G ratio of 1.24 and a beta of 1.48. The firm’s 50 day moving average is $1,057.83 and its 200 day moving average is $1,084.87.

BlackRock (NYSE:BLK) last announced its earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share for the quarter, beating analysts’ consensus estimates of $12.55 by $0.61. The business had revenue of $7.01 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 14.78%. The company’s quarterly revenue was up 23.4% compared to the same quarter last year. During the same period in the previous year, the business earned $11.93 EPS. Research analysts expect that BlackRock will post 47.41 earnings per share for the current year.

BlackRock Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Friday, March 6th were given a dividend of $5.73 per share. This represents a $22.92 dividend on an annualized basis and a yield of 2.4%. This is a boost from BlackRock’s previous quarterly dividend of $5.21. The ex-dividend date was Friday, March 6th. BlackRock’s dividend payout ratio (DPR) is currently 64.71%.

BlackRock News Summary

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Fink frames AI as a transformative, long-term structural force and urges investors to stay invested — messaging that supports BlackRock’s product positioning and ETF flows tied to tech/AI themes. BlackRock CEO Frames AI as Defining Force in Economic Growth
• Positive Sentiment: Tokenization push: Fink is bullish on tokenized assets (BUIDL and related activity), positioning BlackRock to capture new ETF/asset-issuance revenue as markets digitize. This supports growth optionality beyond traditional asset management. Tokenized Securities Cross $26.5B as Nasdaq, BlackRock, and Regulators Align on Blockchain
• Positive Sentiment: Institutional crypto flows: reports that BlackRock (with others) purchased institutional-size bitcoin stakes highlight its expanding role in digital-asset allocation and potential new fee/revenue streams. Larry Fink’s Warning: Invest or Risk Getting Left Behind by AI
• Neutral Sentiment: Market/valuation check: analysis pieces note a recent share-price pullback and mixed multi‑period returns — prompting some analysts and investors to reassess whether current prices already reflect BlackRock’s long-term potential. Is It Time To Reassess BlackRock (BLK) After Recent Share Price Pullback?
• Negative Sentiment: Pomerantz investor alert: a law firm announced an investigation into claims on behalf of BlackRock investors — such probes can increase headline risk and short-term volatility even if they don’t lead to material liability. Pomerantz Investigates Claims on Behalf of BlackRock Investors
• Negative Sentiment: TCP Capital (TCPC) litigation and shareholder suits: multiple class-action reminders and NAV-related lawsuits tied to BlackRock TCP Capital Corp. are active — these are legal/ reputational issues for the TCP vehicle and are pressuring investor sentiment toward parts of BlackRock’s business. Pomerantz Reminder re: BlackRock TCP Capital Corp. Lawsuit
• Positive Sentiment: Portfolio moves: BlackRock disclosed lifting a stake in Fisher & Paykel Healthcare — an example of the firm’s active holdings management and potential incremental fee/alpha opportunities. BlackRock Lifts Stake in Fisher & Paykel Healthcare

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.