Boston Trust Walden Corp Has $37.55 Million Stake in BlackRock $BLK

Boston Trust Walden Corp grew its position in shares of BlackRock (NYSE:BLK) by 2.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 35,086 shares of the asset manager’s stock after buying an additional 688 shares during the quarter. Boston Trust Walden Corp’s holdings in BlackRock were worth $37,554,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of BLK. TruNorth Capital Management LLC lifted its position in shares of BlackRock by 1,000.0% during the 3rd quarter. TruNorth Capital Management LLC now owns 22 shares of the asset manager’s stock worth $26,000 after buying an additional 20 shares in the last quarter. Hopwood Financial Services Inc. lifted its position in shares of BlackRock by 866.7% during the 3rd quarter. Hopwood Financial Services Inc. now owns 29 shares of the asset manager’s stock worth $34,000 after buying an additional 26 shares in the last quarter. Collier Financial bought a new position in shares of BlackRock during the 3rd quarter worth approximately $36,000. Goodman Advisory Group LLC bought a new position in shares of BlackRock during the 3rd quarter worth approximately $37,000. Finally, Dogwood Wealth Management LLC lifted its position in shares of BlackRock by 94.1% during the 3rd quarter. Dogwood Wealth Management LLC now owns 33 shares of the asset manager’s stock worth $38,000 after buying an additional 16 shares in the last quarter. Institutional investors own 80.69% of the company’s stock.

Insider Activity

In other news, Director J. Richard Kushel sold 2,000 shares of the business’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $1,083.05, for a total transaction of $2,166,100.00. Following the completion of the transaction, the director directly owned 61,980 shares in the company, valued at $67,127,439. The trade was a 3.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Stephen Cohen sold 2,179 shares of the business’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $1,073.87, for a total transaction of $2,339,962.73. Following the transaction, the director owned 6,543 shares of the company’s stock, valued at $7,026,331.41. This trade represents a 24.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 64,272 shares of company stock worth $69,823,426 in the last three months. Corporate insiders own 1.92% of the company’s stock.

Key Stories Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BMO Capital Markets raised its price target for BLK to $1,250, signaling bullish analyst sentiment that can support further buying interest. BMO Capital Markets Raises BlackRock Price Target
• Positive Sentiment: BlackRock reported strong Q1 results (revenue and EPS beat, robust net inflows), which underpin higher fee income and validate recent AUM growth trends — a key driver of today’s stock strength. Q4/Q1 Earnings Transcript
• Positive Sentiment: Record first-quarter net inflows and continued ETF demand (including sizable weekly inflows into IBIT) are expanding BlackRock’s AUM and recurring revenue base — a primary reason investors are bid up. Record First-Quarter Net Inflows
• Positive Sentiment: Renewed institutional interest in Bitcoin and strong ETF flows into IBIT support BlackRock’s crypto-related revenue and positioning in a fast-growing ETF category. That continues to be a catalyst for sentiment. IBIT ETF Inflows & Bitcoin Demand
• Neutral Sentiment: Coverage pieces on BlackRock’s AI transformation highlight operational improvements and long-term efficiency gains, but benefits are multi-year and less likely to move near-term fundamentals. Inside BlackRock’s AI Transformation
• Neutral Sentiment: Competitors (e.g., Strategy/MSTR) have temporarily surpassed BlackRock in raw Bitcoin holdings, a symbolic development but one that doesn’t materially reduce IBIT’s ETF inflows or BlackRock’s fee economics. Strategy Passes BlackRock in BTC Holdings
• Negative Sentiment: Minor regulatory/portfolio items — e.g., BlackRock ceasing to be a substantial holder in an Australian REIT and expiration/structure issues around some closed-end funds — are peripheral but could draw attention from income-focused investors. BlackRock Ceases to Be Substantial Holder in National Storage REIT

Analyst Upgrades and Downgrades

Several research firms have commented on BLK. Freedom Capital raised shares of BlackRock from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 23rd. Jefferies Financial Group lowered their price target on shares of BlackRock from $1,351.00 to $1,199.00 and set a “buy” rating on the stock in a report on Wednesday, April 8th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of BlackRock from $1,296.00 to $1,380.00 in a report on Thursday, January 15th. TD Cowen lowered their price target on shares of BlackRock from $1,238.00 to $1,105.00 and set a “hold” rating on the stock in a report on Thursday, April 9th. Finally, JPMorgan Chase & Co. lowered their price target on shares of BlackRock from $1,269.00 to $1,128.00 and set a “neutral” rating on the stock in a report on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, BlackRock currently has a consensus rating of “Moderate Buy” and an average price target of $1,269.06.

BlackRock Trading Up 1.8%

Shares of BLK stock opened at $1,061.90 on Thursday. The company’s fifty day simple moving average is $1,010.63 and its two-hundred day simple moving average is $1,064.88. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.98 and a quick ratio of 2.98. BlackRock has a 1 year low of $888.76 and a 1 year high of $1,219.94. The stock has a market capitalization of $165.17 billion, a price-to-earnings ratio of 26.65, a PEG ratio of 1.36 and a beta of 1.48.

BlackRock (NYSE:BLK) last issued its earnings results on Tuesday, April 14th. The asset manager reported $12.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $12.40 by $0.13. BlackRock had a net margin of 24.40% and a return on equity of 14.96%. The business had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $6.56 billion. During the same quarter in the previous year, the firm posted $9.64 EPS. The business’s revenue for the quarter was up 27.0% compared to the same quarter last year. As a group, analysts anticipate that BlackRock will post 52.77 earnings per share for the current year.

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.