BlackRock $BLK Shares Purchased by ABN AMRO Bank N.V.

ABN AMRO Bank N.V. boosted its stake in shares of BlackRock (NYSE:BLKFree Report) by 4.0% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 94,998 shares of the asset manager’s stock after acquiring an additional 3,645 shares during the period. BlackRock comprises about 1.1% of ABN AMRO Bank N.V.’s holdings, making the stock its 28th biggest holding. ABN AMRO Bank N.V. owned 0.06% of BlackRock worth $110,388,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of BLK. Welch Group LLC increased its stake in BlackRock by 1.2% during the 2nd quarter. Welch Group LLC now owns 760 shares of the asset manager’s stock worth $797,000 after buying an additional 9 shares in the last quarter. Stanley Laman Group Ltd. boosted its stake in shares of BlackRock by 2.7% in the second quarter. Stanley Laman Group Ltd. now owns 340 shares of the asset manager’s stock worth $357,000 after acquiring an additional 9 shares during the last quarter. CNB Bank boosted its stake in shares of BlackRock by 9.6% in the second quarter. CNB Bank now owns 103 shares of the asset manager’s stock worth $108,000 after acquiring an additional 9 shares during the last quarter. Magellan Asset Management Ltd raised its stake in BlackRock by 14.3% in the 2nd quarter. Magellan Asset Management Ltd now owns 72 shares of the asset manager’s stock valued at $76,000 after purchasing an additional 9 shares during the last quarter. Finally, FAS Wealth Partners Inc. lifted its holdings in BlackRock by 1.1% in the 2nd quarter. FAS Wealth Partners Inc. now owns 817 shares of the asset manager’s stock valued at $857,000 after purchasing an additional 9 shares in the last quarter. Institutional investors and hedge funds own 80.69% of the company’s stock.

BlackRock Price Performance

NYSE:BLK opened at $1,075.66 on Thursday. BlackRock has a 52 week low of $773.74 and a 52 week high of $1,219.94. The stock’s fifty day moving average is $1,091.67 and its two-hundred day moving average is $1,107.89. The company has a market capitalization of $166.89 billion, a P/E ratio of 30.37, a P/E/G ratio of 1.34 and a beta of 1.47. The company has a quick ratio of 3.33, a current ratio of 3.33 and a debt-to-equity ratio of 0.34.

BlackRock (NYSE:BLKGet Free Report) last issued its quarterly earnings data on Thursday, January 15th. The asset manager reported $13.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $12.55 by $0.61. The firm had revenue of $6.33 billion during the quarter, compared to the consensus estimate of $6.80 billion. BlackRock had a return on equity of 15.14% and a net margin of 22.93%.The company’s quarterly revenue was up 23.4% on a year-over-year basis. During the same period last year, the company earned $11.93 EPS. Equities analysts expect that BlackRock will post 47.41 EPS for the current year.

BlackRock Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Friday, March 6th will be issued a $5.73 dividend. The ex-dividend date is Friday, March 6th. This represents a $22.92 annualized dividend and a dividend yield of 2.1%. This is an increase from BlackRock’s previous quarterly dividend of $5.21. BlackRock’s dividend payout ratio (DPR) is currently 58.84%.

Analysts Set New Price Targets

BLK has been the subject of a number of recent research reports. Evercore ISI reduced their target price on shares of BlackRock from $1,300.00 to $1,275.00 and set an “outperform” rating for the company in a research report on Monday, January 12th. TD Cowen downgraded shares of BlackRock from a “buy” rating to a “hold” rating in a report on Wednesday, January 14th. Weiss Ratings restated a “buy (b-)” rating on shares of BlackRock in a report on Monday, December 29th. Loop Capital set a $1,255.00 price target on BlackRock in a report on Tuesday, October 21st. Finally, JPMorgan Chase & Co. lifted their price objective on BlackRock from $1,244.00 to $1,267.00 and gave the stock a “neutral” rating in a research report on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,311.11.

View Our Latest Report on BlackRock

Key Stories Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

  • Positive Sentiment: CICC Research raised its price target on BlackRock to $1,250 from $1,000, signaling stronger analyst conviction and giving investors a higher upside reference point. CICC Adjusts Price Target on BlackRock to $1,250 from $1,000
  • Positive Sentiment: BlackRock and Jio launched a digital investment advice service (JioBlackRock) aimed at bringing more Indian retail investors into capital markets — a strategic distribution play that can drive long-term AUM growth in a large, underpenetrated market. Jio BlackRock unveils digital investment advice service
  • Positive Sentiment: CEO Larry Fink publicly called the next 20–25 years the “era of India” at the JioBlackRock event, reinforcing BlackRock’s narrative and capital allocation focus on India — a messaging boost that can support investor expectations for future growth and product distribution. BlackRock’s Fink, Reliance’s Ambani Hail ‘Era Of India’
  • Positive Sentiment: M&A/dealmaking chatter: BlackRock’s infrastructure team (reported pairing with EQT) is part of a bid for AES, signaling active deployment in large infrastructure deals that can expand fee-generating advisory and private markets businesses. That deal activity is being cited as a positive catalyst across related stocks and for BlackRock’s growth narrative. BlackRock’s GIP Teams Up With EQT in Bid to Acquire Power Firm AES
  • Neutral Sentiment: Regulatory/shareholding filings: BlackRock disclosed a significant stake in QIAGEN — routine 13F/A/ownership moves that reflect portfolio positioning but don’t directly change BlackRock’s revenue or margins. BlackRock Discloses Significant Stake in QIAGEN
  • Neutral Sentiment: Minor stake adjustment: BlackRock slightly reduced a major holding in Austria’s BAWAG Group — a small portfolio tweak that is disclosure-driven rather than a strategic signal. BlackRock Slightly Reduces Major Shareholding in BAWAG Group
  • Neutral Sentiment: Portfolio activity: BlackRock’s Portfolio Management LLC increased its holding in YSS via an open-market purchase — notable as evidence of active portfolio management but not material to BLK’s own financials. Insider Purchase: 10% owner at $YSS Buys 752,500 Shares
  • Negative Sentiment: Risk items: analysts and commentators flagged a valuation check after a loan write-down and shifts in Bitcoin ETF flows — factors that could pressure near-term revenue or create volatility in ETF fee trends (the iShares Bitcoin Trust remains a focal point). These issues temper the otherwise constructive headlines. BlackRock (BLK) Valuation Check After Loan Write Down And Bitcoin ETF Flows Shift

Insider Buying and Selling

In other BlackRock news, CFO Martin Small sold 27,047 shares of the company’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $1,171.14, for a total transaction of $31,675,823.58. Following the transaction, the chief financial officer directly owned 10,557 shares in the company, valued at $12,363,724.98. This represents a 71.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director J. Richard Kushel sold 20,000 shares of BlackRock stock in a transaction on 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 completion of the sale, the director directly owned 61,894 shares of the company’s stock, valued at $69,630,750. The trade was a 24.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 48,305 shares of company stock valued at $55,488,396 in the last ninety days. 1.98% of the stock is currently owned by corporate insiders.

BlackRock 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.

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Institutional Ownership by Quarter for BlackRock (NYSE:BLK)

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