Compagnie Lombard Odier SCmA Sells 5,916 Shares of BlackRock $BLK

Compagnie Lombard Odier SCmA decreased its holdings in shares of BlackRock (NYSE:BLK) by 21.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 22,236 shares of the asset manager’s stock after selling 5,916 shares during the period. Compagnie Lombard Odier SCmA’s holdings in BlackRock were worth $23,800,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Pacifica Partners Inc. boosted its stake in BlackRock by 450.0% in the third quarter. Pacifica Partners Inc. now owns 22 shares of the asset manager’s stock valued at $25,000 after acquiring an additional 18 shares during the last quarter. TruNorth Capital Management LLC raised its position in shares of BlackRock by 1,000.0% during the 3rd quarter. TruNorth Capital Management LLC now owns 22 shares of the asset manager’s stock valued at $26,000 after acquiring an additional 20 shares during the last quarter. Hopwood Financial Services Inc. lifted its stake in shares of BlackRock by 866.7% in the 3rd quarter. Hopwood Financial Services Inc. now owns 29 shares of the asset manager’s stock valued at $34,000 after purchasing an additional 26 shares during the period. Howard Hughes Medical Institute bought a new position in shares of BlackRock in the 2nd quarter worth $33,000. Finally, Collier Financial bought a new position in shares of BlackRock in the 3rd quarter worth $36,000. 80.69% of the stock is owned by institutional investors.

BlackRock News Roundup

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Filed new Bitcoin income ETF ticker ($BITA): BlackRock amended an S‑1 for an iShares Bitcoin Premium Income ETF (spot Bitcoin + covered calls), a fee‑generating product likely to attract retail and institutional flows. Blockonomi: BlackRock Files $BITA
• Positive Sentiment: Leadership & ETF positioning: BlackRock elevated Jay Jacobs to lead its Bitcoin trust and highlighted long‑term holding behavior among Bitcoin ETF investors — signals of deeper commitment to crypto products and stewardship. TipRanks: Jay Jacobs Elevated
• Positive Sentiment: Institutional deal flow: Report that BlackRock will partner with GMPF on a £1B NHS property investment points to fee and AUM growth in real assets. Seeking Alpha: GMPF Partnership
• Neutral Sentiment: Q1 earnings date set for April 14 — event risk/opportunity as investors await fee and flow data. Business Wire: Q1 Earnings Date
• Neutral Sentiment: Macro/asset‑allocation shift: BlackRock Investment Institute moved to “neutral” on US and Japanese equities — could temper active‑management flow guidance. DailyHodl: Investment Institute Shift
• Neutral Sentiment: Strategic/real‑estate move under consideration: FT reports BlackRock is eyeing HSBC’s Canary Wharf tower for a London HQ — operational but not immediately material to earnings. Reuters: Canary Wharf HQ Reports
• Negative Sentiment: Regulatory scrutiny of private‑credit: House Financial Services Committee has asked private equity firms to reveal private‑credit strategies — increased oversight could pressure fee growth in private markets. Benzinga: Private Credit Scrutiny
• Negative Sentiment: ETF trade and insider‑access questions: Reports of a multimillion‑dollar trade tied to a DoD broker prompted internal review and regulatory attention — reputational/compliance risk. Yahoo Finance: Insider Access Questions
• Negative Sentiment: Investor legal risk: Pomerantz has opened an investigation into BlackRock investor claims — potential litigation over disclosures could weigh on sentiment. GlobeNewswire: Pomerantz Investigation

Wall Street Analyst Weigh In

A number of research firms recently commented on BLK. Evercore dropped their price objective on BlackRock from $1,275.00 to $1,235.00 and set an “outperform” rating for the company in a report on Friday, March 6th. Freedom Capital upgraded BlackRock from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 23rd. BNP Paribas Exane upped their price target on BlackRock from $1,290.00 to $1,300.00 and gave the company an “outperform” rating in a research note on Thursday, January 15th. BMO Capital Markets cut their price target on shares of BlackRock from $1,300.00 to $1,250.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 13th. Finally, Bank of America lifted their price objective on shares of BlackRock from $1,456.00 to $1,464.00 in a research note on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,298.78.

BlackRock Stock Performance

BLK stock opened at $957.89 on Thursday. BlackRock has a 1-year low of $773.74 and a 1-year high of $1,219.94. 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 firm has a market cap of $148.99 billion, a PE ratio of 27.04, a P/E/G ratio of 1.23 and a beta of 1.48. The business’s 50-day moving average price is $1,036.19 and its two-hundred day moving average price is $1,078.42.

BlackRock (NYSE:BLK) last announced its quarterly 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. BlackRock had a return on equity of 14.78% and a net margin of 22.93%.The company had revenue of $7.01 billion during the quarter, compared to the consensus estimate of $6.80 billion. During the same period in the prior year, the company earned $11.93 earnings per share. The company’s revenue for the quarter was up 23.4% compared to the same quarter last year. As a group, research analysts forecast that BlackRock will post 47.41 earnings per share for the current year.

BlackRock Increases Dividend

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

Insider Activity at BlackRock

In other news, Director Stephen Cohen sold 225 shares of the stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $1,069.56, for a total transaction of $240,651.00. Following the completion of the sale, the director owned 5,661 shares of the company’s stock, valued at $6,054,779.16. This represents a 3.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Martin Small sold 27,047 shares of the firm’s 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. The trade was a 71.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 111,319 shares of company stock valued at $123,999,249. Corporate insiders own 1.98% of the company’s stock.

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.