Evansbrook LLC Invests $989,000 in BlackRock $BLK

Posted by ABMN Staff on Jun 19th, 2026

Evansbrook LLC bought a new stake in BlackRock (NYSE:BLK – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 924 shares of the asset manager’s stock, valued at approximately $989,000.

Other institutional investors also recently bought and sold shares of the company. Axxcess Wealth Management LLC grew its position in BlackRock by 15.5% during the 4th quarter. Axxcess Wealth Management LLC now owns 4,017 shares of the asset manager’s stock worth $4,300,000 after acquiring an additional 539 shares during the last quarter. Corient Private Wealth LLC increased its stake in BlackRock by 5,190.3% in the 4th quarter. Corient Private Wealth LLC now owns 5,490,422 shares of the asset manager’s stock worth $5,876,618,000 after purchasing an additional 5,386,640 shares during the period. Alberta Investment Management Corp lifted its position in BlackRock by 317.9% in the fourth quarter. Alberta Investment Management Corp now owns 16,300 shares of the asset manager’s stock valued at $17,447,000 after purchasing an additional 12,400 shares during the last quarter. First Commonwealth Financial Corp PA boosted its stake in shares of BlackRock by 4.5% during the fourth quarter. First Commonwealth Financial Corp PA now owns 1,224 shares of the asset manager’s stock valued at $1,311,000 after purchasing an additional 53 shares during the period. Finally, Blue Sparrow LLC DE purchased a new stake in shares of BlackRock during the fourth quarter valued at approximately $12,761,000. 80.69% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock Stock Performance

Shares of BLK stock opened at $1,051.51 on Friday. BlackRock has a 12 month low of $917.39 and a 12 month high of $1,219.94. The stock has a market cap of $163.23 billion, a PE ratio of 26.39, a price-to-earnings-growth ratio of 1.38 and a beta of 1.42. The company has a current ratio of 4.09, a quick ratio of 4.09 and a debt-to-equity ratio of 0.34. The company’s fifty day moving average price is $1,046.92 and its 200-day moving average price is $1,051.90.

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

BlackRock Dividend Announcement

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

BlackRock News Summary

Here are the key news stories impacting BlackRock this week:

Positive Sentiment: BlackRock expanded its digital-assets lineup by launching a new iShares Bitcoin Premium Income ETF, a covered-call Bitcoin income product that could attract yield-seeking investors and broaden fee-generating AUM. BlackRock (BLK) Launches Bitcoin Income ETF To Expand Its Digital Assets Suite
Positive Sentiment: BlackRock also filed for an additional covered-call Bitcoin ETF aimed at income investors, reinforcing its push to deepen its crypto product offering and potentially capture more demand in a fast-growing niche. BlackRock Files For Covered-Call Bitcoin ETF Aimed At Income Seekers
Positive Sentiment: BlackRock Canada announced June cash distributions for iShares ETFs, underscoring stable ETF operations and recurring income generation across its franchise. BlackRock Canada Announces June Cash Distributions for the iShares ETFs
Neutral Sentiment: BlackRock was mentioned in market commentary after the Federal Reserve held rates steady and signaled a potentially higher-for-longer policy path, which can affect asset flows and fixed-income performance but is not directly company-specific. Federal Reserve Holds Rates Steady as Officials Signal Potential Hikes Under New Chair Kevin Warsh
Neutral Sentiment: Analyst-style and comparison articles highlighted BlackRock’s scale, Aladdin platform, and leadership in asset management, but these were more commentary than fresh catalysts. BlackRock vs. Blackstone: Which Financial Stock Is a Better Buy in 2026?
Negative Sentiment: Broader crypto and risk-asset weakness following the Fed decision may be weighing on sentiment, which can offset some of the enthusiasm around BlackRock’s new Bitcoin-linked products.

Insider Transactions at BlackRock

In other news, CEO Laurence Fink sold 33,900 shares of BlackRock stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $1,050.55, for a total transaction of $35,613,645.00. Following the completion of the transaction, the chief executive officer directly owned 230,516 shares in the company, valued at approximately $242,168,583.80. This trade represents a 12.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Robert Kapito sold 8,739 shares of the business’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $1,056.60, for a total value of $9,233,627.40. Following the completion of the sale, the president directly owned 210,186 shares in the company, valued at approximately $222,082,527.60. This represents a 3.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.92% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages recently commented on BLK. Jefferies Financial Group decreased their target price on shares of BlackRock from $1,351.00 to $1,199.00 and set a “buy” rating on the stock in a research note on Wednesday, April 8th. The Goldman Sachs Group increased their price target on shares of BlackRock from $1,181.00 to $1,313.00 and gave the company a “buy” rating in a research report on Wednesday, April 15th. BMO Capital Markets raised their price target on shares of BlackRock from $1,200.00 to $1,250.00 and gave the stock an “outperform” rating in a report on Monday, April 20th. Keefe, Bruyette & Woods boosted their price objective on shares of BlackRock from $1,150.00 to $1,240.00 and gave the company an “outperform” rating in a research report on Wednesday, April 15th. Finally, TD Cowen lowered their price objective on shares of BlackRock from $1,238.00 to $1,105.00 and set a “hold” rating for the company in a research note on Thursday, April 9th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $1,264.61.

Read Our Latest Stock Analysis on BLK

BlackRock 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.