BlackRock $BLK Shares Bought by Dakota Wealth Management

Dakota Wealth Management grew its position in BlackRock (NYSE:BLK) by 115.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,476 shares of the asset manager’s stock after purchasing an additional 3,999 shares during the period. Dakota Wealth Management’s holdings in BlackRock were worth $8,001,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. CoreCap Advisors LLC increased its position in BlackRock by 11.7% during the 4th quarter. CoreCap Advisors LLC now owns 4,347 shares of the asset manager’s stock worth $4,653,000 after purchasing an additional 455 shares in the last quarter. Mather Group LLC. lifted its position in BlackRock by 4.6% during the fourth quarter. Mather Group LLC. now owns 1,748 shares of the asset manager’s stock valued at $1,871,000 after buying an additional 77 shares in the last quarter. Fort Washington Investment Advisors Inc. OH grew its stake in BlackRock by 2.4% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 64,888 shares of the asset manager’s stock worth $69,453,000 after buying an additional 1,536 shares during the period. Kathmere Capital Management LLC increased its position in shares of BlackRock by 7.0% in the fourth quarter. Kathmere Capital Management LLC now owns 881 shares of the asset manager’s stock worth $943,000 after acquiring an additional 58 shares in the last quarter. Finally, Argentarii LLC raised its stake in shares of BlackRock by 47.9% in the 4th quarter. Argentarii LLC now owns 531 shares of the asset manager’s stock valued at $569,000 after acquiring an additional 172 shares during the period. Hedge funds and other institutional investors own 80.69% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on BLK shares. Bank of America lifted their target price on shares of BlackRock from $1,456.00 to $1,464.00 in a report on Wednesday, December 10th. Morgan Stanley raised their price objective on BlackRock from $1,514.00 to $1,550.00 and gave the company an “overweight” rating in a research report on Friday, January 16th. Freedom Capital upgraded BlackRock from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 23rd. CICC Research upped their target price on BlackRock from $1,000.00 to $1,250.00 in a research report on Tuesday, February 3rd. Finally, Keefe, Bruyette & Woods lowered BlackRock from a “moderate buy” rating to a “moderate sell” rating in a research note on Tuesday, March 3rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $1,308.89.

More BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Integrated Chronicle’s Proof-of-Asset for its tokenized BUIDL fund — improves on‑chain verification and transparency for a ~$1.7B tokenized liquidity product, supporting BlackRock’s tokenization strategy. BlackRock Adds Chronicle to Verify Tokenized BUIDL
• Positive Sentiment: Raised/established stake in Fisher & Paykel Healthcare (over 7.6%) — an active equity allocation that demonstrates portfolio repositioning and opportunistic buying. BlackRock Lifts Stake in Fisher & Paykel Healthcare to Over 7.6%
• Positive Sentiment: Crypto flows and revenue potential remain a growth vector — IBIT saw large inflows and management projects meaningful crypto revenue ( ~$500M annual target), supporting new fee pools. Bitcoin Price News Shows BlackRock Fueling $322M IBIT Day
• Neutral Sentiment: Speculation about a possible BlackRock move into spot XRP is circulating — could matter if it materializes, but currently unconfirmed and speculative. Is BlackRock Going Into XRP? This Ripple Move Could Be The Game-Changer
• Neutral Sentiment: BlackRock representatives participated in institutional crypto/ETH forums — signals engagement but not an immediate earnings driver. Ethereum Foundation Holds Invite-Only Event For Institutions In New York City
• Neutral Sentiment: Analysts are reworking targets in both directions — the market shows split views reflecting strong results but also flow/execution risks. How The Story On BlackRock (BLK) Is Shifting As Analysts Rework Their Targets
• Negative Sentiment: Pomerantz law firm launches an investor investigation into BlackRock — legal/PR risk that can pressure sentiment until details clear. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of BlackRock, Inc. – BLK
• Negative Sentiment: Senior executives’ warnings on oil and Iran risks (Larry Fink, Rob Kapito) highlight the potential for higher oil, slower growth and inflation — a macro headwind for markets and fee growth. BlackRock CEO warns oil rise to $150 could trigger global recession
• Negative Sentiment: Reported private-credit redemption surge (~$1.2B) and broader redemption debate (public backlash) raise concerns about near-term outflows and product stability. Reddit Turns Bearish on BlackRock After $1.2 Billion Private Credit Withdrawal Surge

BlackRock Price Performance

BLK opened at $967.95 on Friday. 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 $150.55 billion, a price-to-earnings ratio of 27.33, a PEG ratio of 1.25 and a beta of 1.48. The company has a current ratio of 2.98, a quick ratio of 2.98 and a debt-to-equity ratio of 0.37. The company has a fifty day simple moving average of $1,051.82 and a 200 day simple moving average of $1,083.34.

BlackRock (NYSE:BLK) last issued its quarterly earnings data on Thursday, January 15th. The asset manager reported $13.16 EPS for the quarter, topping analysts’ consensus estimates of $12.55 by $0.61. The firm 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 revenue was up 23.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $11.93 EPS. Equities research analysts expect that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Friday, March 6th were paid a $5.73 dividend. This represents a $22.92 annualized dividend and a dividend yield of 2.4%. This is a positive change from BlackRock’s previous quarterly dividend of $5.21. The ex-dividend date was Friday, March 6th. BlackRock’s payout ratio is presently 64.71%.

Insiders Place Their Bets

In related news, Director Stephen Cohen sold 2,179 shares of the stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $1,073.87, for a total value of $2,339,962.73. Following the completion of the transaction, the director owned 6,543 shares of the company’s stock, valued at approximately $7,026,331.41. This represents a 24.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, COO Robert L. Goldstein sold 54,190 shares of BlackRock stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $1,087.29, for a total value of $58,920,245.10. Following the sale, the chief operating officer owned 51,478 shares in the company, valued at $55,971,514.62. This represents a 51.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 111,319 shares of company stock worth $123,999,249. Company insiders own 1.98% of the company’s stock.

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.