Banco Santander S.A. Sells 1,961 Shares of BlackRock $BLK

Posted by ABMN Staff on Feb 28th, 2026

Banco Santander S.A. lessened its holdings in BlackRock (NYSE:BLK – Free Report) by 28.8% during the third quarter, Holdings Channel.com reports. The firm owned 4,846 shares of the asset manager’s stock after selling 1,961 shares during the quarter. Banco Santander S.A.’s holdings in BlackRock were worth $5,650,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in BLK. Norges Bank purchased a new stake in shares of BlackRock in the 2nd quarter worth approximately $2,644,007,000. Laurel Wealth Advisors LLC grew its stake in shares of BlackRock by 105,267.4% in the second quarter. Laurel Wealth Advisors LLC now owns 1,705,899 shares of the asset manager’s stock worth $1,789,915,000 after acquiring an additional 1,704,280 shares during the last quarter. Franklin Resources Inc. increased its holdings in shares of BlackRock by 72.5% during the second quarter. Franklin Resources Inc. now owns 2,005,358 shares of the asset manager’s stock valued at $2,104,122,000 after acquiring an additional 842,901 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its position in shares of BlackRock by 1,962.0% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 792,494 shares of the asset manager’s stock worth $831,524,000 after purchasing an additional 754,060 shares during the last quarter. Finally, Parkside Financial Bank & Trust boosted its stake in BlackRock by 29,043.2% in the 3rd quarter. Parkside Financial Bank & Trust now owns 245,094 shares of the asset manager’s stock worth $285,748,000 after purchasing an additional 244,253 shares in the last quarter. 80.69% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock Price Performance

NYSE BLK opened at $1,062.70 on Friday. The stock has a market capitalization of $164.88 billion, a price-to-earnings ratio of 30.00, a PEG ratio of 1.37 and a beta of 1.47. BlackRock has a 1-year low of $773.74 and a 1-year high of $1,219.94. 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 business’s fifty day moving average price is $1,094.88 and its 200-day moving average price is $1,103.55.

BlackRock (NYSE:BLK – Get Free Report) last posted its quarterly earnings data 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 return on equity of 15.14% and a net margin of 22.93%.The company had revenue of $7.01 billion during the quarter, compared to analysts’ expectations of $6.80 billion. During the same quarter in the prior year, the business earned $11.93 earnings per share. BlackRock’s revenue for the quarter was up 23.4% compared to the same quarter last year. On average, equities analysts predict that BlackRock will post 47.41 earnings per share for the current year.

BlackRock Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Friday, March 6th will be paid a $5.73 dividend. This is a boost from BlackRock’s previous quarterly dividend of $5.21. The ex-dividend date is Friday, March 6th. This represents a $22.92 annualized dividend and a dividend yield of 2.2%. BlackRock’s dividend payout ratio (DPR) is currently 58.84%.

Trending Headlines about BlackRock

Here are the key news stories impacting BlackRock this week:

Positive Sentiment: BlackRock appointed Citi to provide select middle‑office services for roughly $4.0 trillion of U.S. iShares ETFs on the Aladdin platform — a scale partnership that should improve ETF processing and distribution efficiency and could help support ETF flows and fee revenue. BlackRock Appoints Citi to Provide Select ETF Middle Office Services on Aladdin
Positive Sentiment: Spot crypto ETFs have shown renewed demand (multiple days of notable inflows, with BlackRock’s IBIT among leaders) — positive for BlackRock’s crypto product franchise and potential fee/revenue upside if flows persist. Spot Bitcoin ETFs take in $1B in three days as investors buy the dip
Positive Sentiment: BlackRock‑owned Global Infrastructure Partners (GIP), working with EQT, is reported to be near a deal to acquire AES Corp — a sign that BlackRock’s alternatives platform is active in large, fee‑generating transactions. BlackRock’s GIP, EQT near deal to acquire AES Corp, Bloomberg News reports
Neutral Sentiment: Regulatory filings show BlackRock has built an ~11% stake (about 12% voting power) in Qiagen — a portfolio move that is important for holdings disclosure but not necessarily material to BLK’s core earnings. BlackRock Builds 11% Stake and 12% Voting Power in Qiagen
Neutral Sentiment: 13F/ownership notes (e.g., stake disclosure in IonQ) and smaller fund/structure moves keep BlackRock active across boutiques and ETFs but are largely informational for the firm’s diversified business. BlackRock Owns 24.3 Million Shares of IonQ. Here’s What That Really Tells You About Quantum Computing Stocks.
Negative Sentiment: Quarterly results show revenue growth but reports indicate operating profit, net income and EPS fell YoY — margin pressure and weaker profit metrics are weighing on near‑term earnings visibility. BlackRock Inc. Releases Q4 2025 Earnings
Negative Sentiment: Reporting that BlackRock was duped into a $430M loan tied to fake invoices raises operational/reputational questions around credit controls — a headline that can amplify investor caution. BlackRock duped into loaning $430M to telecom entrepreneur who allegedly faked invoices
Negative Sentiment: Ongoing insider selling by senior directors (recent Form 4 filings) is being watched by investors and can contribute to near‑term negative sentiment even if sales are for liquidity or option exercises. SEC Form 4 (insider sales)

Analysts Set New Price Targets

Several brokerages have issued reports on BLK. Jefferies Financial Group reaffirmed a “buy” rating and issued a $1,351.00 target price on shares of BlackRock in a report on Friday, January 16th. UBS Group upgraded shares of BlackRock from a “neutral” rating to a “buy” rating and set a $1,280.00 price objective for the company in a report on Monday. JPMorgan Chase & Co. increased their target price on BlackRock from $1,244.00 to $1,267.00 and gave the company a “neutral” rating in a research note on Friday, January 9th. CICC Research lifted their target price on BlackRock from $1,000.00 to $1,250.00 in a report on Tuesday, February 3rd. Finally, TD Cowen downgraded BlackRock from a “buy” rating to a “hold” rating in a report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, BlackRock has a consensus rating of “Moderate Buy” and an average price target of $1,311.11.

Check Out Our Latest Research Report on BLK

Insider Buying and Selling at BlackRock

In other news, 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 transaction of $22,500,000.00. Following the transaction, the director owned 61,894 shares in the company, valued at $69,630,750. This trade represents a 24.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Martin Small sold 27,047 shares of the business’s stock in a transaction on Friday, January 16th. The shares were 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 directly 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. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 112,577 shares of company stock worth $125,311,821. 1.98% of the stock is owned by corporate insiders.

BlackRock Company 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.