Alesco Advisors LLC An ESL Co Makes New $912,000 Investment in BlackRock $BLK

Posted by ABMN Staff on Jul 22nd, 2026

Alesco Advisors LLC An ESL Co bought a new stake in shares of BlackRock (NYSE:BLK – Free Report) in the first quarter, Holdings Channel reports. The fund bought 948 shares of the asset manager’s stock, valued at approximately $912,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Evolution Wealth Management Inc. acquired a new position in BlackRock during the fourth quarter worth about $26,000. Birchbrook Inc. purchased a new stake in shares of BlackRock in the fourth quarter valued at approximately $31,000. LFA Lugano Financial Advisors SA purchased a new stake in shares of BlackRock in the fourth quarter valued at approximately $32,000. Basepoint Wealth LLC acquired a new stake in shares of BlackRock in the fourth quarter valued at approximately $32,000. Finally, Wilkerson Advisory Group LLC boosted its position in shares of BlackRock by 100.0% during the 1st quarter. Wilkerson Advisory Group LLC now owns 34 shares of the asset manager’s stock valued at $33,000 after acquiring an additional 17 shares during the last quarter. Hedge funds and other institutional investors own 80.69% of the company’s stock.

BlackRock Stock Down 1.6%

Shares of NYSE:BLK opened at $1,037.31 on Wednesday. BlackRock has a fifty-two week low of $917.39 and a fifty-two week high of $1,219.94. The firm’s 50 day moving average price is $1,032.09 and its 200 day moving average price is $1,042.37. The company has a quick ratio of 4.09, a current ratio of 4.09 and a debt-to-equity ratio of 0.34. The stock has a market cap of $160.77 billion, a price-to-earnings ratio of 24.79, a price-to-earnings-growth ratio of 1.19 and a beta of 1.43.

BlackRock (NYSE:BLK – Get Free Report) last posted its quarterly earnings results on Wednesday, July 15th. The asset manager reported $13.91 earnings per share for the quarter, beating analysts’ consensus estimates of $12.69 by $1.22. The company had revenue of $7.08 billion for the quarter, compared to analysts’ expectations of $6.73 billion. BlackRock had a return on equity of 15.01% and a net margin of 24.09%.BlackRock’s quarterly revenue was up 30.6% on a year-over-year basis. During the same period last year, the firm earned $12.05 earnings per share. As a group, equities research analysts predict that BlackRock will post 55.63 earnings per share for the current fiscal year.

BlackRock Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Friday, June 5th were given a $5.73 dividend. This represents a $22.92 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, June 5th. BlackRock’s dividend payout ratio (DPR) is 54.78%.

Key BlackRock News

Here are the key news stories impacting BlackRock this week:

Positive Sentiment: BlackRock-led infrastructure vehicles completed the acquisition of Aligned Data Centers and are committing an additional $5 billion in growth capital, reinforcing BLK’s exposure to the AI buildout and alternative-asset fee opportunities. AIP, MGX and BlackRock’s GIP Close Acquisition of Aligned Data Centers
Positive Sentiment: BlackRock Canada announced monthly July cash distributions across a wide slate of iShares ETFs, underscoring the strength and recurring income appeal of its ETF franchise. BlackRock Canada Announces July Cash Distributions for the iShares ETFs
Positive Sentiment: Investor interest in BlackRock’s Ethereum products remains strong, with reports of fresh inflows into ETHA and a new, similar ether fund that adds another monetizable product in digital assets. Forget ETHA. iShares’ Other Ether Fund Is Nearly Identical, Except It Pays You
Neutral Sentiment: CEO Larry Fink’s comments that AI growth is constrained by electricity, plus New York’s data-center moratorium, keep attention on power bottlenecks for the AI infrastructure theme BlackRock is investing behind. Larry Fink Says AI Needs More Electricity. Google Is Trying To Need Less Of It.
Neutral Sentiment: BlackRock’s ETF and asset-management announcements, including distribution updates and product coverage, are broadly supportive but not likely to move the stock on their own. BlackRock® Canada Announces July Cash Distributions for the iShares® ETFs
Negative Sentiment: Some recent headlines note BlackRock reducing a few holdings and broader financial-sector weakness, which may add mild pressure, but these appear less important than the positive infrastructure and ETF news. Major Shareholder Announcement

Insider Buying and Selling at BlackRock

In related news, CEO Laurence Fink sold 33,900 shares of BlackRock stock in a transaction 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 sale, the chief executive officer directly owned 230,516 shares in the company, valued at $242,168,583.80. This trade represents a 12.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President Robert Kapito sold 8,739 shares of BlackRock stock in a transaction dated 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 sale, the president owned 210,186 shares in the company, valued at $222,082,527.60. This trade represents a 3.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.92% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Barclays raised their price objective on shares of BlackRock from $1,340.00 to $1,450.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 15th. UBS Group increased their target price on shares of BlackRock from $1,270.00 to $1,320.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. BNP Paribas Exane boosted their price target on shares of BlackRock from $1,300.00 to $1,350.00 and gave the company an “outperform” rating in a research note on Tuesday, June 23rd. Evercore reissued an “outperform” rating and issued a $1,145.00 target price on shares of BlackRock in a research report on Friday, July 10th. Finally, Morgan Stanley lifted their target price on BlackRock from $1,383.00 to $1,488.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,304.29.

Read Our Latest Stock Analysis on BlackRock

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.