Czech National Bank Acquires 1,470 Shares of BlackRock $BLK

Czech National Bank lifted its holdings in BlackRock (NYSE:BLKFree Report) by 4.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 38,047 shares of the asset manager’s stock after acquiring an additional 1,470 shares during the period. Czech National Bank’s holdings in BlackRock were worth $40,723,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FAS Wealth Partners Inc. grew its position in shares of BlackRock by 1.1% during the 2nd quarter. FAS Wealth Partners Inc. now owns 817 shares of the asset manager’s stock worth $857,000 after purchasing an additional 9 shares in the last quarter. First Financial Bank Trust Division increased its holdings in shares of BlackRock by 0.5% during the third quarter. First Financial Bank Trust Division now owns 1,794 shares of the asset manager’s stock worth $2,092,000 after purchasing an additional 9 shares during the period. HM Payson & Co. raised its position in shares of BlackRock by 0.6% in the third quarter. HM Payson & Co. now owns 1,444 shares of the asset manager’s stock valued at $1,683,000 after buying an additional 9 shares in the last quarter. PUREfi Wealth LLC boosted its stake in shares of BlackRock by 2.0% in the third quarter. PUREfi Wealth LLC now owns 460 shares of the asset manager’s stock valued at $536,000 after buying an additional 9 shares during the period. Finally, Bank of Nova Scotia Trust Co. boosted its stake in shares of BlackRock by 1.1% in the second quarter. Bank of Nova Scotia Trust Co. now owns 938 shares of the asset manager’s stock valued at $984,000 after buying an additional 10 shares during the period. Institutional investors and hedge funds own 80.69% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on BLK shares. Weiss Ratings restated a “buy (b-)” rating on shares of BlackRock in a research note on Monday, December 29th. Jefferies Financial Group restated a “buy” rating and issued a $1,351.00 target price on shares of BlackRock in a research report on Friday, January 16th. Evercore dropped their target price on shares of BlackRock from $1,275.00 to $1,235.00 and set an “outperform” rating for the company in a report on Friday, March 6th. UBS Group raised BlackRock from a “neutral” rating to a “buy” rating and set a $1,280.00 price objective on the stock in a report on Monday, February 23rd. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of BlackRock from $1,296.00 to $1,380.00 in a research note on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, BlackRock presently has a consensus rating of “Moderate Buy” and an average target price of $1,308.89.

View Our Latest Analysis on BlackRock

BlackRock Trading Up 0.5%

NYSE:BLK opened at $981.26 on Thursday. 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 $152.63 billion, a price-to-earnings ratio of 27.70, a PEG ratio of 1.24 and a beta of 1.48. The firm has a fifty day simple moving average of $1,055.61 and a two-hundred day simple moving average of $1,084.14. 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 (NYSE:BLKGet Free Report) last posted its quarterly earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share for the quarter, topping analysts’ consensus estimates of $12.55 by $0.61. The business had revenue of $7.01 billion for the quarter, compared to the consensus estimate of $6.80 billion. BlackRock had a return on equity of 14.78% and a net margin of 22.93%.The firm’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same period in the prior year, the business earned $11.93 EPS. Analysts expect that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Friday, March 6th were given a dividend of $5.73 per share. The ex-dividend date of this dividend was Friday, March 6th. This is a boost from BlackRock’s previous quarterly dividend of $5.21. This represents a $22.92 annualized dividend and a dividend yield of 2.3%. BlackRock’s payout ratio is presently 64.71%.

Insider Buying and Selling

In other news, Director Stephen Cohen sold 225 shares of the stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $1,069.56, for a total value of $240,651.00. Following the completion of the sale, the director directly owned 5,661 shares of the company’s stock, valued at $6,054,779.16. This represents a 3.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Robert L. Goldstein sold 5,293 shares of the stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $1,084.22, for a total value of $5,738,776.46. Following the completion of the sale, the chief operating officer directly owned 46,185 shares of the company’s stock, valued at $50,074,700.70. The trade was a 10.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 111,319 shares of company stock valued at $123,999,249. Company insiders own 1.98% of the company’s stock.

BlackRock News Roundup

Here are the key news stories impacting BlackRock this week:

  • Positive Sentiment: Institutional inflows into BlackRock’s spot Bitcoin ETF (IBIT) accelerated, with one report showing a large daily inflow that helped reverse several weeks of outflows — this supports fee and AUM growth for BlackRock’s digital-asset business. Bitcoin ETF inflows
  • Positive Sentiment: BlackRock publicly projects material revenue from its crypto business (reports cite a $500M annual revenue target), underpinning investor expectations for new fee streams beyond traditional asset management. Crypto revenue outlook
  • Positive Sentiment: BlackRock Canada announced final March cash distributions for its iShares Premium Money Market ETF, a routine product distribution that supports the firm’s stable ETF franchise and signals ongoing product activity in core cash management offerings. iShares money market distribution
  • Neutral Sentiment: BlackRock executives continue to lean into AI and tokenization as structural growth themes (CEO Larry Fink’s letters and commentary). This frames long-term strategy and product development but is a gradual catalyst rather than an immediate earnings driver. AI strategic framing
  • Neutral Sentiment: Analysts are expecting BlackRock’s upcoming quarterly results to show steady, high single-digit bottom-line growth — a reminder that near-term moves may be earnings-driven. Earnings preview
  • Negative Sentiment: Investor concern on social channels surged after reports of $1.2B in private-credit withdrawals, fueling bearish sentiment about redemptions in private markets — a potential pressure point for BlackRock’s private-credit strategy and near-term AUM stability. Private credit withdrawals
  • Negative Sentiment: Investor litigation and inquiries: Pomerantz announced an investigation into BlackRock investor claims, and there are active class-action notices tied to BlackRock-affiliated TCP Capital (TCPC) — litigation risk can pressure sentiment and add legal/PR distraction. Pomerantz investigation TCPC lawsuit

BlackRock Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for BlackRock (NYSE:BLK)

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