CX Institutional Sells 4,861 Shares of BlackRock $BLK

CX Institutional decreased its holdings in shares of BlackRock (NYSE:BLK) by 87.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 721 shares of the asset manager’s stock after selling 4,861 shares during the quarter. CX Institutional’s holdings in BlackRock were worth $841,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of BLK. Brighton Jones LLC grew its stake in BlackRock by 23.1% in the 4th quarter. Brighton Jones LLC now owns 1,575 shares of the asset manager’s stock valued at $1,615,000 after buying an additional 296 shares during the last quarter. Bison Wealth LLC increased its stake in shares of BlackRock by 1.6% during the fourth quarter. Bison Wealth LLC now owns 1,052 shares of the asset manager’s stock worth $1,078,000 after purchasing an additional 17 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in BlackRock during the 1st quarter worth approximately $360,000. Empowered Funds LLC boosted its stake in BlackRock by 24.8% in the 1st quarter. Empowered Funds LLC now owns 3,895 shares of the asset manager’s stock valued at $3,687,000 after purchasing an additional 774 shares during the period. Finally, Woodline Partners LP grew its holdings in BlackRock by 40.7% in the 1st quarter. Woodline Partners LP now owns 12,300 shares of the asset manager’s stock valued at $11,642,000 after buying an additional 3,557 shares in the last quarter. 80.69% of the stock is currently owned by institutional investors and hedge funds.

More BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock and others see a big potential expansion in retail access to crypto, which supports future ETF/net‑new‑asset upside if Main Street demand grows. BlackRock predicts major shift in retail investors’ access to cryptocurrencies
• Positive Sentiment: Tokenization adoption: Jupiter launched JupUSD with reserves tied to BlackRock’s tokenized BUIDL fund — a sign BlackRock-backed institutional assets are being used in on‑chain products, which could broaden distribution and fees long term. Jupiter Exchange Launches JupUSD Stablecoin with BlackRock-Backed Reserves
• Positive Sentiment: Company clarification: BlackRock publicly reiterated it does not buy single‑family homes after a Trump proposal sparked market confusion — the clarification reduces an ongoing reputational/regulatory overhang for the firm. EXCLUSIVE: BlackRock Says It Does Not Buy Single-Family Homes After Trump Proposal
• Neutral Sentiment: Governance/leadership attention: BlackRock’s Rick Rieder was asked about being on a short list for Fed Chair — raises headlines but uncertain impact on firm fundamentals; investors may watch for potential conflicts or time distractions if the story develops. BlackRock’s Rieder Reacts to Being Considered for Fed Chair
• Neutral Sentiment: BlackRock crypto leadership: senior ETF executives said it’s still “very early days” for Bitcoin/Ethereum adoption — tempered optimism that supports a measured, long‑run view on crypto AUM. BlackRock ETF Chief Says ‘Still Very Early Days’ For Bitcoin, Ethereum
• Neutral Sentiment: Minor ownership update: BlackRock reduced its stake in Finland’s Orion below the 5% disclosure threshold — routine portfolio move, limited impact on BLK fundamentals. Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securities Market Act (BlackRock, Inc.)
• Negative Sentiment: Large crypto flows/signals: multiple outlets reported BlackRock moved sizable BTC/ETH to Coinbase Prime (and some headlines framed it as “dumping” ~$276M BTC and ~$83M ETH), which can spook investors about crypto exposure and short‑term ETF flows. BlackRock sends $276M in Bitcoin and $83M in Ethereum to Coinbase Prime
• Negative Sentiment: Policy/politics ripple: Trump’s housing proposal triggered market confusion and a selloff in some real‑estate/asset‑manager stocks (and headlines conflating BlackRock/Blackstone amplified volatility), pressuring sentiment toward BLK. Trump Targets Wall Street Homebuyers: Why BlackRock, Blackstone Are Feeling The Heat
• Negative Sentiment: Analyst tweak: Keefe, Bruyette & Woods trimmed BLK’s price target slightly (still an outperform rating) — a modest headwind for sentiment. Keefe, Bruyette & Woods lowers price target on BlackRock

BlackRock Stock Performance

Shares of NYSE:BLK opened at $1,085.06 on Friday. BlackRock has a 1 year low of $773.74 and a 1 year high of $1,219.94. The stock has a market capitalization of $168.35 billion, a price-to-earnings ratio of 27.90, a price-to-earnings-growth ratio of 1.57 and a beta of 1.47. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.33 and a quick ratio of 3.33. The company’s 50 day simple moving average is $1,067.10 and its 200 day simple moving average is $1,101.63.

BlackRock (NYSE:BLK) last posted its earnings results on Tuesday, October 14th. The asset manager reported $11.55 EPS for the quarter, missing analysts’ consensus estimates of $11.78 by ($0.23). BlackRock had a return on equity of 14.80% and a net margin of 26.64%.The company had revenue of $6.51 billion during the quarter, compared to the consensus estimate of $6.22 billion. During the same period last year, the company posted $11.46 EPS. The firm’s revenue was up 25.2% compared to the same quarter last year. As a group, research analysts predict that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Friday, December 5th were given a $5.21 dividend. The ex-dividend date was Friday, December 5th. This represents a $20.84 dividend on an annualized basis and a yield of 1.9%. BlackRock’s dividend payout ratio (DPR) is currently 53.59%.

Insiders Place Their Bets

In related news, Director Rachel Lord sold 12,000 shares of the business’s stock in a transaction on Monday, October 20th. The stock was sold at an average price of $1,165.04, for a total transaction of $13,980,480.00. Following the sale, the director owned 7,205 shares in the company, valued at $8,394,113.20. The trade was a 62.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Martin Small sold 1,258 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $1,043.38, for a total value of $1,312,572.04. Following the completion of the transaction, the chief financial officer owned 6,209 shares of the company’s stock, valued at $6,478,346.42. This represents a 16.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.98% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on BLK. TD Cowen lifted their target price on BlackRock from $1,301.00 to $1,407.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. Cowen reiterated a “buy” rating on shares of BlackRock in a research note on Wednesday, October 15th. JPMorgan Chase & Co. increased their target price on shares of BlackRock from $1,093.00 to $1,242.00 and gave the stock a “neutral” rating in a research report on Thursday, October 2nd. Barclays lowered their target price on shares of BlackRock from $1,340.00 to $1,300.00 and set an “overweight” rating on the stock in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft cut their price target on BlackRock from $1,305.00 to $1,298.00 and set a “buy” rating for the company in a research note on Wednesday, December 17th. Seventeen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,313.12.

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.