Chatham Capital Group Inc. bought a new position in BlackRock (NYSE:BLK – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 849 shares of the asset manager’s stock, valued at approximately $909,000.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Goelzer Investment Management Inc. lifted its position in BlackRock by 4.7% in the 4th quarter. Goelzer Investment Management Inc. now owns 3,491 shares of the asset manager’s stock valued at $3,737,000 after acquiring an additional 156 shares in the last quarter. Spire Wealth Management boosted its stake in BlackRock by 6.7% during the 4th quarter. Spire Wealth Management now owns 1,513 shares of the asset manager’s stock valued at $1,619,000 after purchasing an additional 95 shares during the last quarter. Lineweaver Wealth Advisors LLC increased its holdings in shares of BlackRock by 6.5% in the 4th quarter. Lineweaver Wealth Advisors LLC now owns 4,156 shares of the asset manager’s stock worth $4,448,000 after purchasing an additional 255 shares in the last quarter. Chesley Taft & Associates LLC increased its holdings in shares of BlackRock by 7.9% in the 4th quarter. Chesley Taft & Associates LLC now owns 4,543 shares of the asset manager’s stock worth $4,863,000 after purchasing an additional 332 shares in the last quarter. Finally, Woodward Diversified Capital LLC raised its stake in shares of BlackRock by 11.0% in the fourth quarter. Woodward Diversified Capital LLC now owns 1,181 shares of the asset manager’s stock worth $1,264,000 after purchasing an additional 117 shares during the last quarter. Institutional investors own 80.69% of the company’s stock.
Insider Buying and Selling at BlackRock
In other BlackRock news, Director J. Richard Kushel sold 20,000 shares of the stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $1,125.00, for a total value of $22,500,000.00. Following the transaction, the director directly owned 61,894 shares in the company, valued at approximately $69,630,750. This trade represents a 24.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Martin Small sold 27,047 shares of the stock in a transaction that occurred 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 completion of the transaction, the chief financial officer owned 10,557 shares in the company, valued at $12,363,724.98. The trade was a 71.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 111,319 shares of company stock worth $123,999,249. 1.98% of the stock is owned by corporate insiders.
Key BlackRock News
- Positive Sentiment: BlackRock integrated Chronicle’s Proof-of-Asset system for its tokenized BUIDL fund, improving on‑chain verification and transparency for ~$1.7B in short‑duration tokenized assets — a measurable product/operational win that supports BlackRock’s tokenization roadmap and potential fee/asset growth. BlackRock Adds Chronicle to Verify Tokenized BUIDL
- Positive Sentiment: BlackRock raised its stake in Fisher & Paykel Healthcare to over 7.6%, signaling active capital deployment and portfolio positioning by the firm’s investment teams — a small positive for AUM/engagement signalling. BlackRock Lifts Stake in Fisher & Paykel Healthcare to Over 7.6%
- Positive Sentiment: BlackRock participated in high‑level institutional Ethereum discussions and broader tokenization efforts, reinforcing its positioning in digital asset infrastructure and potential new fee pools from institutional crypto adoption. Ethereum Foundation Holds Invite-Only Event For Institutions In New York City
- Neutral Sentiment: CEO Larry Fink advocated investing part of Social Security and expanding market participation to address wealth gaps — comments that could be supportive long term for asset management flows but are politically sensitive and slow to influence AUM. Larry Fink calls for Social Security reform, says investing a portion of funds could strengthen the program
- Neutral Sentiment: Routine corporate items: Canadian iShares money‑market ETF cash distributions were announced — operationally normal and unlikely to move BLK shares materially. BlackRock® Canada Announces Final March Cash Distributions for the iShares® Premium Money Market ETF
- Negative Sentiment: BlackRock executives (Rob Kapito, Larry Fink, Rick Rieder) warned that the Iran war and supply disruptions could shave growth and lift inflation — forecasts of higher oil (scenario to $150/bbl) and slower growth have prompted risk‑off positioning that pressures asset flows and market multiples. US Stock Market: BlackRock warns investors mispricing West Asia war risks
- Negative Sentiment: US spot Bitcoin ETFs saw $171M of outflows, led by BlackRock’s IBIT (about $41M out) — redemptions from crypto ETFs reduce fees/AUM momentum in a still‑nascent product line and contributed to today’s soft sentiment. Bitcoin ETFs See $171M Outflows as Iran Tensions Rise
- Negative Sentiment: An investor‑class action investigation notice (Pomerantz) was filed regarding BLK — legal/PR overhang that can weigh on sentiment until resolved. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of BlackRock, Inc. – BLK
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on BLK shares. Morgan Stanley increased 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. UBS Group raised BlackRock from a “neutral” rating to a “buy” rating and set a $1,280.00 target price for the company in a research report on Monday, February 23rd. Evercore lowered their target price on shares of BlackRock from $1,275.00 to $1,235.00 and set an “outperform” rating on the stock in a research note on Friday, March 6th. Wall Street Zen raised shares of BlackRock from a “sell” rating to a “hold” rating in a report on Saturday, January 17th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $1,313.00 price target on shares of BlackRock in a research note on Tuesday, December 9th. 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 company’s stock. According to data from MarketBeat.com, BlackRock has an average rating of “Moderate Buy” and an average price target of $1,308.89.
Read Our Latest Analysis on BLK
BlackRock Stock Up 0.0%
BlackRock stock opened at $933.97 on Monday. The stock has a market cap of $145.27 billion, a PE ratio of 26.37, a price-to-earnings-growth ratio of 1.19 and a beta of 1.48. 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 one year low of $773.74 and a one year high of $1,219.94. The stock has a fifty day moving average of $1,047.20 and a 200 day moving average of $1,081.83.
BlackRock (NYSE:BLK – Get Free Report) last announced its 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. The business had revenue of $7.01 billion for the quarter, compared to analysts’ expectations of $6.80 billion. BlackRock had a return on equity of 14.78% and a net margin of 22.93%.The business’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same period last year, the firm posted $11.93 earnings per share. As a group, sell-side analysts predict that BlackRock will post 47.41 EPS for the current year.
BlackRock Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Friday, March 6th were paid a $5.73 dividend. This is a boost from BlackRock’s previous quarterly dividend of $5.21. The ex-dividend date was Friday, March 6th. This represents a $22.92 annualized dividend and a dividend yield of 2.5%. BlackRock’s dividend payout ratio (DPR) is currently 64.71%.
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.
See Also
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