BIP Wealth LLC Acquires 906 Shares of BlackRock $BLK

BIP Wealth LLC raised its position in BlackRock (NYSE:BLK) by 216.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,325 shares of the asset manager’s stock after purchasing an additional 906 shares during the quarter. BIP Wealth LLC’s holdings in BlackRock were worth $1,418,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Capital International Investors raised its stake in shares of BlackRock by 0.6% in the 3rd quarter. Capital International Investors now owns 1,841,088 shares of the asset manager’s stock valued at $2,146,663,000 after purchasing an additional 10,591 shares during the period. Massachusetts Financial Services Co. MA raised its stake in shares of BlackRock by 13.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,213,561 shares of the asset manager’s stock valued at $1,414,854,000 after purchasing an additional 143,126 shares during the period. Legal & General Group Plc raised its stake in shares of BlackRock by 4.5% in the 3rd quarter. Legal & General Group Plc now owns 913,121 shares of the asset manager’s stock valued at $1,064,580,000 after purchasing an additional 39,412 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its stake in shares of BlackRock by 1,962.0% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 792,494 shares of the asset manager’s stock valued at $831,524,000 after purchasing an additional 754,060 shares during the period. Finally, Viking Global Investors LP raised its stake in shares of BlackRock by 217.5% in the 3rd quarter. Viking Global Investors LP now owns 619,492 shares of the asset manager’s stock valued at $722,247,000 after purchasing an additional 424,388 shares during the period. Institutional investors and hedge funds own 80.69% of the company’s stock.

Insiders Place Their Bets

In related news, COO Robert L. Goldstein sold 54,190 shares of BlackRock 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 completion of the transaction, the chief operating officer owned 51,478 shares in the company, valued at approximately $55,971,514.62. This trade represents a 51.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Martin Small sold 27,047 shares of BlackRock stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $1,171.14, for a total value of $31,675,823.58. Following the transaction, 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 disclosure for this sale is available in the SEC filing. Over 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.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Keefe, Bruyette & Woods dropped their price target on BlackRock from $1,340.00 to $1,150.00 and set an “outperform” rating on the stock in a research note on Wednesday. CICC Research lifted their target price on BlackRock from $1,000.00 to $1,250.00 in a research report on Tuesday, February 3rd. The Goldman Sachs Group lowered their target price on BlackRock from $1,341.00 to $1,181.00 and set a “buy” rating on the stock in a research report on Monday. Morgan Stanley lowered their target price on BlackRock from $1,550.00 to $1,368.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 1st. Finally, Jefferies Financial Group lowered their target price on BlackRock from $1,351.00 to $1,199.00 and set a “buy” rating on the stock in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, BlackRock currently has an average rating of “Moderate Buy” and a consensus target price of $1,269.11.

Key Stories Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock filed for an iShares Nasdaq‑100 ETF (ticker IQQ), joining State Street in directly challenging Invesco’s QQQ — a move that could win large passive flows if BlackRock competes on fees and brand, and reshape ETF market share in a $300B+ segment. BLK & STT Enter Nasdaq 100 Index ETFs, Challenge Invesco QQQ Fund
• Positive Sentiment: Analysts have revised Q1 estimates ahead of BlackRock’s April 14 earnings call with several firms expecting higher Q1 earnings — a catalyst that can help validate management’s growth narrative and support the stock into the print. BlackRock Likely To Report Higher Q1 Earnings
• Positive Sentiment: Spot crypto ETFs and institutional buying (including BlackRock) continue to see meaningful inflows (recent single‑day Bitcoin ETF inflows and ETH ETF momentum) — supporting fee income and AUM growth in BlackRock’s digital products. Bitcoin ETFs See Strongest Single-Day Inflow Since February
• Neutral Sentiment: Several brokers trimmed BlackRock price targets (Barclays, Keefe Bruyette & Woods, Jefferies, Goldman) but largely kept buy/overweight ratings — suggests modest near‑term valuation downtick expectations while sentiment from analysts remains constructive. Barclays Adjusts Price Target on BlackRock
• Neutral Sentiment: The SEC’s approval of dual‑class fund share structures and BlackRock’s related moves create structural flexibility (mutual fund + ETF share classes) — may change product packaging but impact on near‑term revenue is uncertain. BlackRock Moves On Dual Class Funds And Nasdaq 100 ETF Competition
• Neutral Sentiment: Regulatory/holding notices: BlackRock reduced its stake in WPP and ceased being a substantial holder in Technology One — routine portfolio moves that have limited direct impact on BLK’s operating results. BlackRock Ceases to Be Substantial Holder in Technology One
• Negative Sentiment: BlackRock reported over $20B of decline in the value of its on‑chain crypto portfolio in Q1 (price declines offset BTC accumulation and ETH outflows) — a headline that can weigh on fee growth and investor sentiment around digital asset strategies. BlackRock Sees Over $20 Billion in Cryptocurrency Outflows in Q1 2026
• Negative Sentiment: Large outflows from BlackRock’s India ETF amid geopolitical concerns (Iran war) highlight regional AUM sensitivity and can pressure fees tied to EM product lines. Billions Flow Out of BlackRock’s India ETF as Iran War Escalates
• Negative Sentiment: Pomerantz has opened an investor investigation into BlackRock — potential litigation headlines can create episodic downside risk even if outcomes are uncertain. Pomerantz Law Firm Investigates Claims On Behalf of Investors of BlackRock

BlackRock Price Performance

NYSE:BLK opened at $1,001.44 on Thursday. BlackRock has a 52-week low of $799.15 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. The company has a market cap of $155.76 billion, a P/E ratio of 28.27, a P/E/G ratio of 1.24 and a beta of 1.48. The stock’s 50-day simple moving average is $1,020.84 and its 200 day simple moving average is $1,072.88.

BlackRock (NYSE:BLK) last posted its quarterly earnings results on Thursday, January 15th. The asset manager reported $13.16 EPS for the quarter, topping analysts’ consensus estimates of $12.55 by $0.61. BlackRock had a return on equity of 14.78% and a net margin of 22.93%.The business had revenue of $7.01 billion during the quarter, compared to analysts’ expectations of $6.80 billion. During the same quarter last year, the company posted $11.93 earnings per share. BlackRock’s quarterly revenue was up 23.4% on a year-over-year basis. As a group, sell-side analysts forecast that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Friday, March 6th were issued a dividend of $5.73 per share. The ex-dividend date was Friday, March 6th. 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 2.3%. BlackRock’s dividend payout ratio is 64.71%.

BlackRock Company Profile

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.