MONECO Advisors LLC Buys 1,453 Shares of BlackRock $BLK

MONECO Advisors LLC grew its stake in BlackRock (NYSE:BLK) by 487.6% in the third quarter, HoldingsChannel.com reports. The fund owned 1,751 shares of the asset manager’s stock after acquiring an additional 1,453 shares during the period. MONECO Advisors LLC’s holdings in BlackRock were worth $2,042,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Bond & Devick Financial Network Inc. increased its stake in BlackRock by 33.3% in the third quarter. Bond & Devick Financial Network Inc. now owns 492 shares of the asset manager’s stock valued at $574,000 after purchasing an additional 123 shares in the last quarter. Waterloo Capital L.P. grew its holdings in shares of BlackRock by 9.7% in the 3rd quarter. Waterloo Capital L.P. now owns 2,365 shares of the asset manager’s stock valued at $2,757,000 after buying an additional 209 shares during the period. Black Diamond Financial LLC bought a new stake in shares of BlackRock in the 3rd quarter valued at $214,000. Legacy Financial Group Inc. acquired a new stake in BlackRock during the 3rd quarter worth $229,000. Finally, RMR Wealth Builders lifted its holdings in BlackRock by 2.9% during the third quarter. RMR Wealth Builders now owns 2,150 shares of the asset manager’s stock worth $2,507,000 after acquiring an additional 60 shares in the last quarter. Institutional investors own 80.69% of the company’s stock.

BlackRock Stock Performance

Shares of BLK stock opened at $1,055.62 on Friday. BlackRock has a 12 month low of $773.74 and a 12 month high of $1,219.94. The company’s fifty day simple moving average is $1,092.08 and its 200-day simple moving average is $1,107.25. The firm has a market cap of $163.78 billion, a PE ratio of 29.80, a P/E/G ratio of 1.32 and a beta of 1.47. The company has a quick ratio of 3.33, a current ratio of 3.33 and a debt-to-equity ratio of 0.34.

BlackRock (NYSE:BLK) last issued its quarterly earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $12.55 by $0.61. BlackRock had a net margin of 22.93% and a return on equity of 15.14%. The firm had revenue of $6.33 billion for the quarter, compared to analyst estimates of $6.80 billion. During the same period in the previous year, the business earned $11.93 EPS. The company’s revenue was up 23.4% compared to the same quarter last year. Equities research analysts expect that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Friday, March 6th will be issued a dividend of $5.73 per share. The ex-dividend date is Friday, March 6th. This is a boost from BlackRock’s previous quarterly dividend of $5.21. This represents a $22.92 annualized dividend and a yield of 2.2%. BlackRock’s dividend payout ratio is currently 58.84%.

Trending Headlines about BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock’s fixed‑income CIO Rick Rieder said emerging markets look “very attractive” as AI reshapes markets — comments that signal potential portfolio shifts and product marketing that could boost EM flows. Read More.
• Positive Sentiment: BlackRock increased an active stake in Archer Aviation (~8.1%), showing the firm is deploying capital into growth/innovative sectors — a move that highlights BlackRock’s trading and strategic investment activity beyond passive ETF management. Read More.
• Positive Sentiment: Product demand: coverage highlights demand for BlackRock fixed‑income/iShares ETFs that offer 4%+ income and growing interest in tokenized real‑world asset (RWA) products — both support fee revenue diversification. Read More.
• Positive Sentiment: RWA flows: Ondo Finance moved capital into BlackRock’s BUIDL fund, underscoring institutional appetite for tokenized treasury/RWA products that can expand BlackRock’s product suite and AUM. Read More.
• Neutral Sentiment: BlackRock notified BAWAG Group that it raised its stake above 5.8% — a passive/strategic holding that may matter for BAWAG but is unlikely to move BLK’s broad revenue picture materially. Read More.
• Negative Sentiment: IBIT experienced record daily trading ($10B) during a severe Bitcoin selloff; the ETF fell double digits on the day — extreme volatility drives trading but also price losses and short‑term outflows that can pressure fee income and sentiment around crypto products. Read More.
• Negative Sentiment: Wider crypto stress: reports show historic Bitcoin drawdown, elevated implied vol, forced liquidations and multi‑fund outflows (~$545M across U.S. spot Bitcoin ETFs), which may weigh on flows into BlackRock’s crypto product suite in the near term. Read More.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on BLK. UBS Group set a $1,280.00 price target on BlackRock in a research report on Friday, January 16th. BNP Paribas Exane increased their target price on BlackRock from $1,290.00 to $1,300.00 and gave the stock an “outperform” rating in a research note on Thursday, January 15th. Keefe, Bruyette & Woods lifted their price target on shares of BlackRock from $1,310.00 to $1,340.00 and gave the company an “outperform” rating in a research note on Friday, January 16th. BMO Capital Markets lowered their price objective on shares of BlackRock from $1,300.00 to $1,250.00 and set an “outperform” rating for the company in a research report on Tuesday, January 13th. Finally, Argus boosted their price objective on shares of BlackRock from $1,165.00 to $1,330.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, BlackRock currently has a consensus rating of “Moderate Buy” and an average target price of $1,311.11.

Insider Buying and Selling

In other news, 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 value of $31,675,823.58. Following the completion of the sale, the chief financial officer owned 10,557 shares of the company’s stock, valued at approximately $12,363,724.98. This represents a 71.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director J. Richard Kushel sold 20,000 shares of the business’s stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $1,125.00, for a total transaction of $22,500,000.00. Following the transaction, the director owned 61,894 shares in the company, valued at approximately $69,630,750. The trade was a 24.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 48,305 shares of company stock valued at $55,488,396. 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.