Compagnie Lombard Odier SCmA Sells 5,916 Shares of BlackRock $BLK

Compagnie Lombard Odier SCmA reduced its holdings in shares of BlackRock (NYSE:BLK) by 21.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,236 shares of the asset manager’s stock after selling 5,916 shares during the period. Compagnie Lombard Odier SCmA’s holdings in BlackRock were worth $23,800,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Pacifica Partners Inc. lifted its stake in BlackRock by 450.0% during the third quarter. Pacifica Partners Inc. now owns 22 shares of the asset manager’s stock worth $25,000 after purchasing an additional 18 shares during the period. TruNorth Capital Management LLC raised its holdings in shares of BlackRock by 1,000.0% in 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. Howard Hughes Medical Institute bought a new position in shares of BlackRock during the 2nd quarter worth approximately $33,000. 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 during the period. Finally, Collier Financial bought a new stake in BlackRock in the third quarter valued at $36,000. Institutional investors and hedge funds own 80.69% of the company’s stock.

BlackRock News Summary

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Filed new Bitcoin income ETF ticker ($BITA): BlackRock amended an S‑1 for an iShares Bitcoin Premium Income ETF (spot Bitcoin + covered calls), a fee‑generating product likely to attract retail and institutional flows. Blockonomi: BlackRock Files $BITA
• Positive Sentiment: Leadership & ETF positioning: BlackRock elevated Jay Jacobs to lead its Bitcoin trust and highlighted long‑term holding behavior among Bitcoin ETF investors — signals of deeper commitment to crypto products and stewardship. TipRanks: Jay Jacobs Elevated
• Positive Sentiment: Institutional deal flow: Report that BlackRock will partner with GMPF on a £1B NHS property investment points to fee and AUM growth in real assets. Seeking Alpha: GMPF Partnership
• Neutral Sentiment: Q1 earnings date set for April 14 — event risk/opportunity as investors await fee and flow data. Business Wire: Q1 Earnings Date
• Neutral Sentiment: Macro/asset‑allocation shift: BlackRock Investment Institute moved to “neutral” on US and Japanese equities — could temper active‑management flow guidance. DailyHodl: Investment Institute Shift
• Neutral Sentiment: Strategic/real‑estate move under consideration: FT reports BlackRock is eyeing HSBC’s Canary Wharf tower for a London HQ — operational but not immediately material to earnings. Reuters: Canary Wharf HQ Reports
• Negative Sentiment: Regulatory scrutiny of private‑credit: House Financial Services Committee has asked private equity firms to reveal private‑credit strategies — increased oversight could pressure fee growth in private markets. Benzinga: Private Credit Scrutiny
• Negative Sentiment: ETF trade and insider‑access questions: Reports of a multimillion‑dollar trade tied to a DoD broker prompted internal review and regulatory attention — reputational/compliance risk. Yahoo Finance: Insider Access Questions
• Negative Sentiment: Investor legal risk: Pomerantz has opened an investigation into BlackRock investor claims — potential litigation over disclosures could weigh on sentiment. GlobeNewswire: Pomerantz Investigation

BlackRock Stock Performance

Shares of NYSE:BLK opened at $957.89 on Thursday. The business has a fifty day moving average of $1,036.19 and a 200-day moving average of $1,078.42. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.98 and a current ratio of 2.98. BlackRock has a twelve month low of $773.74 and a twelve month high of $1,219.94. The firm has a market cap of $148.99 billion, a PE ratio of 27.04, a price-to-earnings-growth ratio of 1.23 and a beta of 1.48.

BlackRock (NYSE:BLK) last issued its quarterly earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.55 by $0.61. BlackRock had a net margin of 22.93% and a return on equity of 14.78%. The business had revenue of $7.01 billion for the quarter, compared to the consensus estimate of $6.80 billion. During the same quarter in the prior year, the company earned $11.93 EPS. The firm’s quarterly revenue was up 23.4% on a year-over-year basis. On average, equities research analysts predict that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Increases Dividend

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

Analyst Upgrades and Downgrades

BLK has been the subject of several recent analyst reports. Freedom Capital upgraded BlackRock from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 23rd. Bank of America upped their target price on shares of BlackRock from $1,456.00 to $1,464.00 in a report on Wednesday, December 10th. JPMorgan Chase & Co. increased their target price on shares of BlackRock from $1,244.00 to $1,267.00 and gave the stock a “neutral” rating in a research report on Friday, January 9th. Keefe, Bruyette & Woods lowered shares of BlackRock from a “moderate buy” rating to a “moderate sell” rating in a research report on Tuesday, March 3rd. Finally, BNP Paribas Exane upped 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. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, BlackRock has an average rating of “Moderate Buy” and an average target price of $1,298.78.

Insider Activity at BlackRock

In related news, Director Stephen Cohen sold 225 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $1,069.56, for a total value of $240,651.00. Following the completion of the transaction, the director owned 5,661 shares in the company, valued at $6,054,779.16. The trade was a 3.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, 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 value of $31,675,823.58. Following the transaction, the chief financial officer directly owned 10,557 shares in the company, valued at approximately $12,363,724.98. This represents 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. 1.98% of the stock is currently owned by company insiders.

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.