BlackRock $BLK Shares Bought by MAI Capital Management

MAI Capital Management grew its stake in BlackRock (NYSE:BLK) by 17.5% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 29,411 shares of the asset manager’s stock after buying an additional 4,387 shares during the quarter. MAI Capital Management’s holdings in BlackRock were worth $34,289,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Norges Bank purchased a new stake in BlackRock during the 2nd quarter worth about $2,644,007,000. Laurel Wealth Advisors LLC increased its holdings in shares of BlackRock by 105,267.4% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,705,899 shares of the asset manager’s stock valued at $1,789,915,000 after acquiring an additional 1,704,280 shares during the last quarter. Franklin Resources Inc. raised its position in shares of BlackRock by 72.5% during the 2nd quarter. Franklin Resources Inc. now owns 2,005,358 shares of the asset manager’s stock worth $2,104,122,000 after acquiring an additional 842,901 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its holdings in BlackRock by 1,962.0% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 792,494 shares of the asset manager’s stock valued at $831,524,000 after purchasing an additional 754,060 shares in the last quarter. Finally, Parkside Financial Bank & Trust increased its stake in BlackRock by 29,043.2% in the third quarter. Parkside Financial Bank & Trust now owns 245,094 shares of the asset manager’s stock valued at $285,748,000 after purchasing an additional 244,253 shares during the last quarter. 80.69% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CFO Martin Small sold 27,047 shares of the company’s stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $1,171.14, for a total transaction of $31,675,823.58. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director J. Richard Kushel sold 20,000 shares of the stock in a transaction that occurred 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 directly owned 61,894 shares in the company, valued at approximately $69,630,750. This represents a 24.42% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 109,967 shares of company stock valued at $122,487,380. Insiders own 1.98% of the company’s stock.

Wall Street Analyst Weigh In

BLK has been the subject of several research analyst reports. Jefferies Financial Group restated a “buy” rating and issued a $1,351.00 price objective on shares of BlackRock in a research note on Friday, January 16th. Bank of America raised their price target on BlackRock from $1,456.00 to $1,464.00 in a research note on Wednesday, December 10th. TD Cowen cut BlackRock from a “buy” rating to a “hold” rating in a research note on Wednesday, January 14th. CICC Research raised their target price on shares of BlackRock from $1,000.00 to $1,250.00 in a research report on Tuesday, February 3rd. Finally, Wall Street Zen upgraded shares of BlackRock from a “sell” rating to a “hold” rating in a research report on Saturday, January 17th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $1,311.11.

BlackRock Price Performance

Shares of NYSE BLK opened at $1,081.80 on Wednesday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 3.33 and a current ratio of 3.33. BlackRock has a one year low of $773.74 and a one year high of $1,219.94. The firm has a market capitalization of $167.84 billion, a P/E ratio of 30.54, a PEG ratio of 1.34 and a beta of 1.47. The company’s fifty day moving average is $1,093.67 and its two-hundred day moving average is $1,104.16.

BlackRock (NYSE:BLK) last issued its quarterly earnings data 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. The firm had revenue of $6.33 billion during the quarter, compared to analysts’ expectations of $6.80 billion. BlackRock had a return on equity of 15.14% and a net margin of 22.93%.BlackRock’s revenue was up 23.4% on a year-over-year basis. During the same period in the previous year, the firm posted $11.93 earnings per share. Analysts forecast that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Friday, March 6th will be paid a $5.73 dividend. This represents a $22.92 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, March 6th. This is an increase from BlackRock’s previous quarterly dividend of $5.21. BlackRock’s dividend payout ratio is presently 58.84%.

BlackRock News Roundup

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: UBS upgraded BlackRock, which can lift sentiment and trigger buy-side flows into the stock. UBS Upgrades BlackRock
• Positive Sentiment: BlackRock is among shortlisted investors in early talks for Kuwait Petroleum’s potential $7B pipeline stake — a large infrastructure allocation that could mean meaningful fee-bearing AUM or co-invest opportunities. Kuwait pipeline deal interest
• Positive Sentiment: BlackRock participated in a $250M financing for Dutch AI‑chip maker Axelera AI — signaling direct exposure to AI hardware/venture deals and diversification into growth private investments. This bolsters narrative that BlackRock is positioning into AI-related alternatives. Axelera raises $250M (BlackRock investor)
• Positive Sentiment: BlackRock’s CIO for fixed income, Rick Rieder, outlined opportunities in parts of the bond market and cautioned that not all Treasurys are reliable—highlighting active portfolio positioning that can attract flows into BlackRock’s fixed‑income strategies. Rieder on bond positioning
• Neutral Sentiment: Speculation persists about when BlackRock might file a U.S. spot XRP ETF (some insiders eye late‑2026). A filing would be a long‑term AUM catalyst but is not imminent. When will BlackRock file an XRP ETF?
• Neutral Sentiment: BlackRock Canada announced final February cash distributions for an iShares Premium Money Market ETF—routine fund operations with limited direct impact on BLK equity. BlackRock Canada distributions
• Neutral Sentiment: Regulatory/portfolio note: BlackRock slightly increased a major stake in BAWAG Group — a portfolio move that signals active equity positioning but is unlikely to move BLK stock materially on its own. BlackRock increases BAWAG stake
• Negative Sentiment: Pomerantz filed a class action related to BlackRock TCP Capital Corp. (TCPC). While this targets the BDC and not BlackRock Inc. directly, it introduces legal/reputational noise around a BlackRock‑managed vehicle. Pomerantz class action on TCPC

BlackRock Company 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.