BlackRock $BLK Shares Sold by Leo Wealth LLC

Leo Wealth LLC decreased its holdings in shares of BlackRock (NYSE:BLK) by 7.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,434 shares of the asset manager’s stock after selling 564 shares during the quarter. Leo Wealth LLC’s holdings in BlackRock were worth $7,957,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Elwood & Goetz Wealth Advisory Group LLC grew its holdings in BlackRock by 14.3% in the 4th quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 200 shares of the asset manager’s stock valued at $214,000 after buying an additional 25 shares during the period. Stonebridge Financial Group LLC lifted its holdings in shares of BlackRock by 3.0% during the 4th quarter. Stonebridge Financial Group LLC now owns 4,684 shares of the asset manager’s stock worth $5,013,000 after acquiring an additional 137 shares during the period. Secure Asset Management LLC purchased a new position in shares of BlackRock during the 4th quarter worth about $261,000. Ethos Financial Group LLC boosted its position in shares of BlackRock by 4.4% in the fourth quarter. Ethos Financial Group LLC now owns 470 shares of the asset manager’s stock worth $503,000 after acquiring an additional 20 shares during the last quarter. Finally, Signaturefd LLC grew its holdings in BlackRock by 7.1% in the fourth quarter. Signaturefd LLC now owns 1,837 shares of the asset manager’s stock valued at $1,966,000 after purchasing an additional 121 shares during the period. Hedge funds and other institutional investors own 80.69% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on BLK. Deutsche Bank Aktiengesellschaft upped their price target on shares of BlackRock from $1,296.00 to $1,380.00 in a research report on Thursday, January 15th. TD Cowen cut shares of BlackRock from a “buy” rating to a “hold” rating in a research note on Wednesday, January 14th. Weiss Ratings restated a “buy (b-)” rating on shares of BlackRock in a report on Friday, March 27th. Bank of America lifted their target price on BlackRock from $1,456.00 to $1,464.00 in a report on Wednesday, December 10th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $1,351.00 price target on shares of BlackRock in a research report on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, BlackRock presently has an average rating of “Moderate Buy” and a consensus target price of $1,298.78.

BlackRock News Summary

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock’s spot Bitcoin ETF (IBIT) has seen a surge in trading volume, reportedly doubling Coinbase’s volume and making IBIT competitive with major crypto venues — this boosts fee and distribution momentum for BlackRock’s ETF business and signals strong retail/institutional demand. BlackRock’s Bitcoin ETF (IBIT) Doubles the Trading Volume of Coinbase to Now Rival Binance
• Positive Sentiment: BlackRock expanded and extended its revolving credit facility (seventeenth amendment), improving liquidity and reducing near‑term refinancing risk for the firm and its subsidiaries — a balance‑sheet positive that can reassure credit markets. BlackRock Expands and Extends Revolving Credit Facility
• Neutral Sentiment: BlackRock is reallocating capital across themes — increasing exposure to quantum computing (IQM) while adding bearish positions on German government bonds — signaling active tactical positioning that could pay off or hurt near term depending on macro moves. BlackRock Balances Quantum Computing Bet With Bearish German Bond Views
• Neutral Sentiment: BlackRock’s Tactical Opportunities fund has expanded short positions in German bunds (expects yields to rise above 3.13%), a portfolio hedge that reflects Europe inflation worries but is a tactical stance rather than a structural problem. BlackRock Fund Expands Shorts, Sees German Yields Above 3.13%
• Negative Sentiment: Regulatory and litigation risk: Pomerantz LLP has opened an investigation and there are public investor alerts after BlackRock limited withdrawals from its HPS Corporate Lending private credit fund when redemptions exceeded a 5% liquidity threshold — this raises governance, disclosure and legal risk for BlackRock’s fast‑growing alternatives business. BlackRock Liquidity Probe in Private Credit Might Change The Case For Investing In BlackRock (BLK)
• Negative Sentiment: Analyst/market pressure: Morgan Stanley has lowered its expectations for BLK, and other pieces highlight intensifying regulatory scrutiny and governance questions around private credit and ETF communications — factors that could weigh on the stock if litigation or regulatory action escalates. Morgan Stanley Has Lowered Expectations for BlackRock (NYSE:BLK) Stock Price
• Negative Sentiment: Sector stress: large private‑credit firms (e.g., Blue Owl) have limited redemptions after heavy outflows, underscoring systemic liquidity risk in the private credit space that could amplify reputational and redemption risks for BlackRock’s alternatives platform. Blue Owl Limits Redemptions on Private Credit Funds After Massive Exit Requests

Insider Buying and Selling

In related news, COO Robert L. Goldstein sold 54,190 shares of the firm’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $1,087.29, for a total transaction of $58,920,245.10. Following the sale, the chief operating officer directly owned 51,478 shares in the company, valued at approximately $55,971,514.62. This trade represents a 51.28% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director J. Richard Kushel sold 20,000 shares of the firm’s stock in a transaction dated 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 sale, the director owned 61,894 shares in the company, valued at approximately $69,630,750. The trade was a 24.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 111,319 shares of company stock worth $123,999,249. Company insiders own 1.98% of the company’s stock.

BlackRock Price Performance

BLK opened at $967.39 on Monday. BlackRock has a 52-week low of $773.74 and a 52-week high of $1,219.94. The company has a 50 day moving average of $1,029.49 and a two-hundred day moving average of $1,075.95. The company has a market cap of $150.47 billion, a P/E ratio of 27.31, a P/E/G ratio of 1.24 and a beta of 1.48. The company has a quick ratio of 2.98, a current ratio of 2.98 and a debt-to-equity ratio of 0.37.

BlackRock (NYSE:BLK) last issued its earnings results on Thursday, January 15th. The asset manager reported $13.16 EPS for the quarter, beating 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 net margin of 22.93% and a return on equity of 14.78%. The business’s revenue for the quarter was up 23.4% compared to the same quarter last year. During the same quarter last year, the firm posted $11.93 EPS. On average, analysts expect that BlackRock will post 47.41 earnings per share for the current year.

BlackRock Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Friday, March 6th were given a $5.73 dividend. This represents a $22.92 annualized dividend and a yield of 2.4%. This is a boost from BlackRock’s previous quarterly dividend of $5.21. The ex-dividend date of this dividend was Friday, March 6th. BlackRock’s dividend payout ratio is 64.71%.

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.