3,252 Shares in BlackRock $BLK Acquired by Hudson Bay Capital Management LP

Hudson Bay Capital Management LP bought a new position in shares of BlackRock (NYSE:BLK) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 3,252 shares of the asset manager’s stock, valued at approximately $3,791,000.

Other institutional investors also recently modified their holdings of the company. Pacifica Partners Inc. grew its stake in BlackRock by 450.0% in the 3rd quarter. Pacifica Partners Inc. now owns 22 shares of the asset manager’s stock valued at $25,000 after buying an additional 18 shares during the last quarter. TruNorth Capital Management LLC lifted its position in 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 acquiring an additional 20 shares during the last quarter. Howard Hughes Medical Institute acquired a new position in BlackRock during the 2nd quarter worth $33,000. Hopwood Financial Services Inc. boosted its holdings in BlackRock by 866.7% during the third quarter. Hopwood Financial Services Inc. now owns 29 shares of the asset manager’s stock valued at $34,000 after acquiring an additional 26 shares during the period. Finally, Collier Financial bought a new stake in BlackRock during the third quarter valued at about $36,000. Institutional investors own 80.69% of the company’s stock.

Trending Headlines about BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock-backed staked-ETH product and related ETF flows are drawing institutional interest, which can boost fee-bearing AUM and revenue over time. Ethereum (ETH) Price Analysis: Can $385M ETF Inflows Spark a Major Rally?
• Positive Sentiment: BlackRock Canada announced March cash distributions for many iShares ETFs — a sign of ongoing product cash flows and client engagement in Canada that supports predictable ETF income and retention. BlackRock® Canada Announces March Cash Distributions for the iShares® ETFs
• Positive Sentiment: BlackRock CIO Rick Rieder publicly backed the Fed’s “patience” on rates and called recent energy-driven inflation spikes “episodic,” messaging that could calm investors and support risk assets (beneficial for asset managers’ flows). BlackRock’s Rick Rieder says Fed ‘patience’ is right call despite $820 billion market rout, oil spike
• Neutral Sentiment: Regulatory/ownership disclosure: BlackRock’s stake in Finnish drugmaker Orion dropped below 5% — a routine portfolio move that has limited direct impact on BLK but is a public holdings change. Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securities Market Act (BlackRock, Inc.)
• Neutral Sentiment: World Economic Forum governance changes under discussion could consolidate influence among trustees, including BlackRock CEO Larry Fink — reputational/governance risk to monitor but uncertain financial impact. World Economic Forum explores trustee shake-up after scandals
• Neutral Sentiment: Larry Fink’s comments warning AI could worsen unemployment for new graduates reinforce BlackRock’s leadership role in policy debates—important for reputation but not an immediate earnings driver. BlackRock CEO Larry Fink warns AI is creating a ‘crisis’ for Gen Z workers
• Negative Sentiment: Pomerantz launched an investor investigation into BlackRock, which raises potential litigation risk and can increase short-term share-price pressure due to uncertainty and legal costs. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of BlackRock, Inc. – BLK

Analysts Set New Price Targets

Several research firms recently weighed in on BLK. Morgan Stanley boosted their price objective on BlackRock from $1,514.00 to $1,550.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. BMO Capital Markets dropped their price target on BlackRock from $1,300.00 to $1,250.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 13th. Jefferies Financial Group reissued a “buy” rating and issued a $1,351.00 price objective on shares of BlackRock in a research report on Friday, January 16th. BNP Paribas Exane raised their price objective on shares of BlackRock from $1,290.00 to $1,300.00 and gave the stock an “outperform” rating in a research note on Thursday, January 15th. Finally, Bank of America upped their target price on shares of BlackRock from $1,456.00 to $1,464.00 in a research note on Wednesday, December 10th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,308.89.

BlackRock Stock Performance

BlackRock stock opened at $958.10 on Friday. The firm has a market capitalization of $149.03 billion, a P/E ratio of 27.05, a P/E/G ratio of 1.22 and a beta of 1.48. The stock has a fifty day moving average price of $1,062.40 and a two-hundred day moving average price of $1,086.77. BlackRock has a 52-week low of $773.74 and a 52-week high of $1,219.94. 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 (NYSE:BLK) last posted its earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share for the quarter, topping the consensus estimate of $12.55 by $0.61. The business had revenue of $7.01 billion for the quarter, compared to analyst estimates of $6.80 billion. BlackRock had a net margin of 22.93% and a return on equity of 14.78%. The firm’s quarterly revenue was up 23.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $11.93 EPS. As a group, analysts anticipate that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Friday, March 6th will be paid a dividend of $5.73 per share. This is a positive change from BlackRock’s previous quarterly dividend of $5.21. This represents a $22.92 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Friday, March 6th. BlackRock’s payout ratio is currently 64.71%.

Insider Activity

In related news, COO Robert L. Goldstein sold 5,293 shares of the stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $1,084.22, for a total transaction of $5,738,776.46. Following the sale, the chief operating officer directly owned 46,185 shares in the company, valued at $50,074,700.70. This represents a 10.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Martin Small sold 27,047 shares of BlackRock stock in a transaction on Friday, January 16th. The shares were sold at an average price of $1,171.14, for a total value of $31,675,823.58. Following the completion of the transaction, the chief financial officer owned 10,557 shares of the company’s stock, valued at approximately $12,363,724.98. The trade was a 71.93% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 111,319 shares of company stock worth $123,999,249. Corporate insiders own 1.98% of the company’s stock.

BlackRock 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.