Toth Financial Advisory Corp Acquires 496 Shares of BlackRock $BLK

Toth Financial Advisory Corp lifted its holdings in BlackRock (NYSE:BLK) by 3.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 13,331 shares of the asset manager’s stock after purchasing an additional 496 shares during the quarter. BlackRock comprises about 1.4% of Toth Financial Advisory Corp’s holdings, making the stock its 15th biggest position. Toth Financial Advisory Corp’s holdings in BlackRock were worth $14,092,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in BlackRock in the second quarter valued at approximately $9,747,857,000. Corient Private Wealth LLC raised its stake in shares of BlackRock by 5,190.3% during 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 buying an additional 5,386,640 shares during the period. Bank of America Corp DE purchased a new position in shares of BlackRock during the 2nd quarter valued at approximately $4,409,095,000. Santa Clara Valley Transportation Authority purchased a new position in shares of BlackRock during the 2nd quarter valued at approximately $129,138,253,000. Finally, Auto Owners Insurance Co grew its stake in BlackRock by 106,934.0% in the 4th quarter. Auto Owners Insurance Co now owns 1,284,408 shares of the asset manager’s stock valued at $128,441,000 after acquiring an additional 1,283,208 shares during the period. Institutional investors and hedge funds own 80.69% of the company’s stock.

More BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock and its partners are reportedly in exclusive talks to acquire Stack Infrastructure’s Asia-Pacific data-center assets in a potential $20 billion-to-$25 billion transaction. The deal would expand BlackRock’s exposure to AI and cloud infrastructure, although it could also require substantial capital. BlackRock in talks on data center deal
• Positive Sentiment: BlackRock’s digital-asset franchise remains a growth driver: its spot Bitcoin ETFs have become the world’s largest pool of Bitcoin holdings, while executives continue promoting tokenized money-market funds, stablecoins and potential AI-related crypto payments. These initiatives could support future fee growth and asset gathering. Bitcoin ETFs reach 1,000 days
• Positive Sentiment: Several BlackRock products have recently outperformed competing funds, including an income strategy that beat JEPI and a semiconductor fund that outpaced SMH over the past year. Strong performance can help attract new client assets, though past performance may not persist. BlackRock income fund performance
• Neutral Sentiment: Fixed-income CIO Rick Rieder said short-term bonds remain attractive and indicated he is positioned for a hawkish Federal Reserve. Higher yields may benefit fixed-income demand, but persistent rate hikes can pressure equity valuations and economic activity. BlackRock’s Rieder on rates
• Negative Sentiment: U.S. spot Bitcoin ETFs recorded approximately $485 million in net outflows, with BlackRock’s iShares Bitcoin Trust accounting for $207.7 million. The withdrawals reversed October’s previous inflows and directly weaken near-term sentiment toward BlackRock’s fastest-growing product area. Bitcoin ETF outflows
• Negative Sentiment: Analysts expect earnings growth in BlackRock’s upcoming report, but some commentary says the company lacks the typical combination of positive earnings revisions and estimate momentum associated with a likely beat. That creates a near-term catalyst risk. BlackRock earnings expectations
• Negative Sentiment: The Rosen Law Firm announced an investigation into potential securities claims involving BlackRock mutual funds, alleging potentially misleading business information. The announcement is preliminary, but it adds reputational and legal overhang. BlackRock investor investigation

BlackRock Price Performance

BLK traded down $4.15 on Thursday, reaching $1,065.48. 152,593 shares of the company’s stock were exchanged, compared to its average volume of 739,447. The stock has a market cap of $165.01 billion, a PE ratio of 25.51, a P/E/G ratio of 1.22 and a beta of 1.41. BlackRock has a twelve month low of $917.39 and a twelve month high of $1,219.94. The stock’s fifty day moving average price is $1,110.65 and its 200-day moving average price is $1,057.36. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.59 and a quick ratio of 3.59.

BlackRock (NYSE:BLK) last released its quarterly earnings data on Wednesday, July 15th. The asset manager reported $13.91 EPS for the quarter, beating analysts’ consensus estimates of $12.69 by $1.22. The company had revenue of $7.08 billion during the quarter, compared to the consensus estimate of $6.73 billion. BlackRock had a net margin of 24.09% and a return on equity of 14.90%. BlackRock’s quarterly revenue was up 30.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $12.05 EPS. Sell-side analysts expect that BlackRock will post 55.73 EPS for the current year.

BlackRock Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th were issued a $5.73 dividend. This represents a $22.92 annualized dividend and a yield of 2.2%. The ex-dividend date was Tuesday, September 8th. BlackRock’s dividend payout ratio is presently 54.78%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on BLK. Weiss Ratings cut shares of BlackRock from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. Evercore reissued an “outperform” rating and set a $1,260.00 target price on shares of BlackRock in a research note on Monday, August 10th. BMO Capital Markets upped their price target on shares of BlackRock from $1,250.00 to $1,300.00 and gave the stock an “outperform” rating in a research report on Friday, July 17th. Keefe, Bruyette & Woods lowered shares of BlackRock from a “moderate buy” rating to a “hold” rating in a research note on Friday, August 7th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $1,258.00 price objective on shares of BlackRock in a report on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, BlackRock presently has a consensus rating of “Moderate Buy” and an average price target of $1,303.35.

BlackRock Company Profile

BlackRock, Inc is a global investment management and financial technology company serving individual investors, institutions, governments and financial professionals. The company provides investment management, risk management and advisory services across a broad range of asset classes, including equities, fixed income, multi-asset strategies, alternatives and cash management.

BlackRock offers investment products through mutual funds, exchange-traded funds and other vehicles. Its iShares brand is one of the company’s principal platforms for exchange-traded funds, providing access to domestic and international markets, industry sectors, bonds, commodities and specialized investment strategies.

The company also provides technology and analytical solutions through its Aladdin platform, which is used by asset managers, institutional investors and other financial organizations for portfolio management, risk analysis, trading and operational support.