Envestnet Portfolio Solutions Inc. Lowers Stake in BlackRock $BLK

Envestnet Portfolio Solutions Inc. cut its position in BlackRock (NYSE:BLK) by 6.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,261 shares of the asset manager’s stock after selling 1,359 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in BlackRock were worth $23,622,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of BLK. Welch Group LLC increased its stake in BlackRock by 1.2% in 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 period. CNB Bank grew its position in shares of BlackRock by 9.6% during the second quarter. CNB Bank now owns 103 shares of the asset manager’s stock worth $108,000 after purchasing an additional 9 shares in the last quarter. Magellan Asset Management Ltd raised its stake in BlackRock by 14.3% during 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 period. 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 worth $857,000 after purchasing an additional 9 shares in the last quarter. Hedge funds and other institutional investors own 80.69% of the company’s stock.

Insider Buying and Selling at BlackRock

In related news, CFO Martin Small sold 27,047 shares of the 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 sale, the chief financial officer owned 10,557 shares in the company, valued at approximately $12,363,724.98. This represents a 71.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.98% of the company’s stock.

Analyst Ratings Changes

BLK has been the subject of a number of research analyst reports. Argus increased their price objective on shares of BlackRock from $1,165.00 to $1,330.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. Citigroup raised their target price on shares of BlackRock from $1,200.00 to $1,350.00 and gave the company a “buy” rating in a research note on Monday, September 29th. Barclays lifted their price target on shares of BlackRock from $1,300.00 to $1,350.00 and gave the company an “overweight” rating in a report on Friday, January 16th. TD Cowen downgraded shares of BlackRock from a “buy” rating to a “hold” rating in a report on Wednesday, January 14th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of BlackRock in a report on Monday, December 29th. Fifteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, BlackRock currently has an average rating of “Moderate Buy” and a consensus price target of $1,314.71.

BlackRock Stock Performance

BlackRock stock opened at $1,139.45 on Friday. The company’s 50-day moving average price is $1,076.11 and its 200-day moving average price is $1,106.51. The company has a quick ratio of 3.33, a current ratio of 3.33 and a debt-to-equity ratio of 0.34. The company has a market cap of $176.79 billion, a PE ratio of 32.17, a price-to-earnings-growth ratio of 1.41 and a beta of 1.47. BlackRock has a twelve month low of $773.74 and a twelve month high of $1,219.94.

BlackRock (NYSE:BLK) last announced its quarterly earnings results on Thursday, January 15th. The asset manager reported $13.16 EPS for the quarter, beating analysts’ consensus estimates of $12.55 by $0.61. BlackRock had a net margin of 22.93% and a return on equity of 15.14%. The firm had revenue of $7.01 billion during the quarter, compared to the consensus estimate of $6.80 billion. During the same quarter last year, the firm earned $11.93 EPS. The firm’s revenue for the quarter was up 23.4% compared to the same quarter last year. On average, equities research analysts forecast that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Increases Dividend

The business also recently announced 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. This is a positive change from BlackRock’s previous quarterly dividend of $5.21. The ex-dividend date is Friday, March 6th. This represents a $22.92 dividend on an annualized basis and a dividend yield of 2.0%. BlackRock’s dividend payout ratio (DPR) is presently 58.84%.

Key Stories Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Larry Fink warned at Davos that AI could widen inequality but used the platform to push for shared benefits and tokenization — reinforcing BlackRock’s role as a market leader and steward of large institutional flows. BlackRock CEO Larry Fink: ‘What Happens to Everyone Else’ If AI Fuels Inequality?
• Positive Sentiment: Fink told reporters he doesn’t see an AI bubble, signaling confidence in continued, sustainable AI investment — a bullish signal for BlackRock’s AI‑oriented strategies and tech exposure. BlackRock’s Fink Not Worried About a Bubble Forming in AI
• Positive Sentiment: BlackRock continues to push tokenization and blockchain as market plumbing (BUIDL money‑market tokenization cited with >$2B locked) — accelerates a potential new AUM/fees channel if adoption broadens. World Economic Forum: BlackRock’s CEO Calls for Tokenization and Blockchain Adoption
• Positive Sentiment: On‑chain activity tied to BlackRock moved ~ $430M of BTC/ETH to Coinbase Prime — indicative of institutional custody/capital flows that support BlackRock’s crypto product ecosystem. BlackRock-linked wallets move over $430 million in bitcoin, ether to Coinbase Prime
• Positive Sentiment: Rick Rieder’s name gaining traction as a potential Fed chair candidate raised market attention to BlackRock’s policy influence — could be seen as a governance/relationship positive for the firm. Rieder odds rising for Fed chair after Trump calls BlackRock executive ‘very impressive’
• Neutral Sentiment: BlackRock adjusted disclosed stakes in several public companies (e.g., BAWAG) — shows active portfolio positioning but not an immediate AUM/earnings driver. BlackRock Adjusts Stake in BAWAG Group to 5.83% of Voting Rights
• Neutral Sentiment: Vice Chairman Philipp Hildebrand’s Davos remarks on geopolitics and AI are informative for strategy/positioning but are not an immediate financial catalyst. Davos: BlackRock’s Hildebrand on Geopolitics, Europe’s Role, AI
• Negative Sentiment: U.S. Bitcoin ETFs saw net outflows on the day (including BlackRock’s IBIT) — a near‑term headwind to crypto‑AUM and fee revenue. Bitcoin ETFs Log Off $488.38M as GBTC by Grayscale Takes the Lead
• Negative Sentiment: CFO Martin Small disclosed a sale of 27,047 shares (~$31.7M) — insider selling can trigger short‑term concern among some investors even if routine. SEC Form 4 — Martin Small sale

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.