AXQ Capital LP Takes Position in BlackRock $BLK

Posted by ABMN Staff on Jun 3rd, 2026

AXQ Capital LP purchased a new stake in shares of BlackRock (NYSE:BLK – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 2,337 shares of the asset manager’s stock, valued at approximately $2,501,000. BlackRock accounts for approximately 0.6% of AXQ Capital LP’s holdings, making the stock its 11th largest holding.

Several other institutional investors have also added to or reduced their stakes in BLK. Norges Bank purchased a new stake in BlackRock during the 4th quarter valued at $2,742,680,000. Oak Harvest Investment Services lifted its position in shares of BlackRock by 12,176.1% in the 4th quarter. Oak Harvest Investment Services now owns 1,595,153 shares of the asset manager’s stock worth $1,707,356,000 after purchasing an additional 1,582,159 shares during the period. Blue Owl Capital Holdings LP bought a new position in shares of BlackRock in the 4th quarter worth about $1,012,487,000. Viking Global Investors LP increased its stake in shares of BlackRock by 217.5% in the 3rd quarter. Viking Global Investors LP now owns 619,492 shares of the asset manager’s stock worth $722,247,000 after acquiring an additional 424,388 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of BlackRock by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 14,062,677 shares of the asset manager’s stock worth $15,051,846,000 after acquiring an additional 221,123 shares in the last quarter. Hedge funds and other institutional investors own 80.69% of the company’s stock.

BlackRock Trading Down 2.4%

BlackRock stock opened at $1,021.31 on Tuesday. The stock has a market cap of $158.54 billion, a P/E ratio of 25.64, a PEG ratio of 1.36 and a beta of 1.42. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.09 and a quick ratio of 4.09. BlackRock has a 1 year low of $917.39 and a 1 year high of $1,219.94. The firm’s 50 day moving average price is $1,030.75 and its 200-day moving average price is $1,053.05.

BlackRock (NYSE:BLK – Get Free Report) last released its quarterly earnings data on Tuesday, April 14th. The asset manager reported $12.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $12.40 by $0.13. The firm had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $6.56 billion. BlackRock had a net margin of 24.40% and a return on equity of 14.74%. The company’s revenue for the quarter was up 27.0% compared to the same quarter last year. During the same quarter last year, the business posted $9.64 earnings per share. On average, equities analysts predict that BlackRock will post 52.8 earnings per share for the current fiscal year.

BlackRock Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Friday, June 5th will be given a $5.73 dividend. This represents a $22.92 annualized dividend and a yield of 2.2%. The ex-dividend date is Friday, June 5th. BlackRock’s payout ratio is currently 57.53%.

Insider Buying and Selling at BlackRock

In related news, CEO Laurence Fink sold 33,900 shares of the business’s stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $1,050.55, for a total value of $35,613,645.00. Following the sale, the chief executive officer owned 230,516 shares in the company, valued at approximately $242,168,583.80. The trade was a 12.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, President Robert Kapito sold 8,739 shares of the business’s stock in a transaction on Monday, April 27th. The stock was sold at an average price of $1,056.60, for a total transaction of $9,233,627.40. Following the completion of the sale, the president owned 210,186 shares in the company, valued at $222,082,527.60. This represents a 3.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.92% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Morgan Stanley increased their price target on shares of BlackRock from $1,368.00 to $1,393.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 15th. Barclays raised their price target on shares of BlackRock from $1,290.00 to $1,310.00 and gave the company an “overweight” rating in a report on Wednesday, April 15th. Weiss Ratings raised shares of BlackRock from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, May 13th. Keefe, Bruyette & Woods raised their price target on shares of BlackRock from $1,150.00 to $1,240.00 and gave the company an “outperform” rating in a report on Wednesday, April 15th. Finally, Evercore reaffirmed an “outperform” rating and set a $1,220.00 price target on shares of BlackRock in a report on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,269.06.

View Our Latest Report on BLK

Key Stories Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

Positive Sentiment: BlackRock launched a $25 million national RFP through its Future Builders philanthropic initiative to expand America’s skilled trades workforce, highlighting continued capital deployment and brand-building around a long-term social impact effort. BlackRock Future Builders Launches $25 Million National RFP to Expand America’s Skilled Trades Workforce
Neutral Sentiment: BlackRock TCP Capital completed a major CLO financing transaction, which is more relevant to TCPC than to BlackRock’s core asset-management earnings outlook. BlackRock TCP Capital Completes Major CLO Financing Transaction
Neutral Sentiment: A market article noted that BlackRock has recently underperformed the Nasdaq, but also said analysts remain highly optimistic about the stock’s outlook. Is BlackRock Stock Underperforming the Nasdaq?
Neutral Sentiment: BlackRock’s stock is also being affected by routine technical and market-factor commentary, including broader weakness in financial shares and an upcoming ex-dividend date. Sector Update: Financial Stocks Softer Late Afternoon Four Days Left To Buy BlackRock, Inc. (NYSE:BLK) Before The Ex-Dividend Date
Negative Sentiment: BlackRock’s iShares Bitcoin Trust (IBIT) saw a large block sale and heavy ETF outflows, fueling concerns about near-term demand for the fund and weighing on sentiment around BlackRock’s fast-growing digital-asset franchise. Mystery Investor Offloads $1.26B in BlackRock Bitcoin ETF (IBIT) — Analysis Inside NYDIG suggests $1.3B IBIT sale was whale exiting directional trade Bitcoin (BTC) Spot ETFs Record $1.42B in Weekly Outflows as Price Tumbles to $73K
Negative Sentiment: Another report said BlackRock’s crypto portfolio value has fallen by more than $13 billion in the first five months of 2026, reinforcing pressure on sentiment tied to digital-asset exposure. BlackRock crypto portfolio fell by over $13 billion in 5 months

About BlackRock

(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.