SevenBridge Financial Group LLC Raises Stock Holdings in BlackRock $BLK

SevenBridge Financial Group LLC increased its holdings in shares of BlackRock (NYSE:BLK) by 17.3% in the third quarter, according to its most recent filing with the SEC. The fund owned 3,745 shares of the asset manager’s stock after acquiring an additional 553 shares during the period. SevenBridge Financial Group LLC’s holdings in BlackRock were worth $4,097,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of BLK. FAS Wealth Partners Inc. increased its stake in BlackRock by 1.1% in the second quarter. FAS Wealth Partners Inc. now owns 817 shares of the asset manager’s stock worth $857,000 after purchasing an additional 9 shares during the period. First Financial Bank Trust Division boosted its stake in shares of BlackRock by 0.5% during the third quarter. First Financial Bank Trust Division now owns 1,794 shares of the asset manager’s stock valued at $2,092,000 after purchasing an additional 9 shares during the period. HM Payson & Co. grew its holdings in shares of BlackRock by 0.6% in the third quarter. HM Payson & Co. now owns 1,444 shares of the asset manager’s stock worth $1,683,000 after purchasing an additional 9 shares during the last quarter. PUREfi Wealth LLC grew its holdings in shares of BlackRock by 2.0% in the third quarter. PUREfi Wealth LLC now owns 460 shares of the asset manager’s stock worth $536,000 after purchasing an additional 9 shares during the last quarter. Finally, Montag A & Associates Inc. increased its stake in BlackRock by 1.3% in the 2nd quarter. Montag A & Associates Inc. now owns 752 shares of the asset manager’s stock worth $789,000 after buying an additional 10 shares during the period. Institutional investors own 80.69% of the company’s stock.

BlackRock News Roundup

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock announced a $100 million philanthropic initiative (Future Builders) to fund skilled‑trade training, positioning the firm to benefit from larger infrastructure spending and strengthening government/industry relationships. BlackRock Launches $100 Million Philanthropic Initiative
• Positive Sentiment: BlackRock has built a significant stake in Qiagen (reported >11% of voting rights), demonstrating active, selective equity positioning that could unlock upside if the firm engages strategically. BlackRock Builds Significant Stake in Qiagen
• Positive Sentiment: Crypto infrastructure link: a new USSD stablecoin launch cites U.S. Treasury backing held with funds including BlackRock, highlighting demand for BlackRock custody/treasury products in emerging crypto use cases. Sonic Labs Launches USSD
• Neutral Sentiment: Analysts are fine‑tuning assumptions: a small fair‑value tweak (from ~$1,328 to ~$1,321) reflects nuanced changes to flows, margins and target multiples rather than a sentiment reversal. This explains part of today’s recalibration. How The BlackRock (BLK) Story Is Shifting As Analysts Rework Targets And Assumptions
• Neutral Sentiment: BlackRock executives/commentary (markets and macro views) remain in the public eye, but these remarks are background macro color rather than direct catalysts for BLK stock. Markets Showing Immutable Laws in Action on Iran, Says BlackRock’s Wei Li
• Negative Sentiment: Sector stress: redemption requests above 7% at Cliffwater’s $33B private credit fund highlight liquidity strains in private credit — a space where BlackRock has meaningful exposure and fee sensitivity; investor caution there can pressure fee growth and valuations. Cliffwater’s $33B Private Credit Fund Faces Redemption Requests Exceeding 7%
• Negative Sentiment: Analyst target cuts (Evercore and others trimmed targets after early February flow reviews) signal tangible concerns about near‑term net flows and margin pressure — a key driver of today’s weakness. BlackRock (BLK) Price Target Reduced by Evercore ISI

BlackRock Price Performance

Shares of BLK opened at $951.36 on Thursday. The company has a 50 day moving average price of $1,081.96 and a 200-day moving average price of $1,095.55. BlackRock has a fifty-two week low of $773.74 and a fifty-two week high of $1,219.94. The stock has a market capitalization of $147.98 billion, a PE ratio of 26.86, a PEG ratio of 1.23 and a beta of 1.48. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.98 and a current ratio of 2.98.

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, beating the consensus estimate of $12.55 by $0.61. The company had revenue of $7.01 billion for the quarter, compared to analyst estimates of $6.80 billion. BlackRock had a net margin of 22.93% and a return on equity of 14.78%. BlackRock’s revenue was up 23.4% compared to the same quarter last year. During the same period last year, the company posted $11.93 earnings per share. Equities analysts predict that BlackRock will post 47.41 earnings per share for the current fiscal year.

BlackRock Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Friday, March 6th will be issued a $5.73 dividend. The ex-dividend date is Friday, March 6th. This represents a $22.92 dividend on an annualized basis and a dividend yield of 2.4%. This is a boost from BlackRock’s previous quarterly dividend of $5.21. BlackRock’s dividend payout ratio (DPR) is 64.71%.

Insider Buying and Selling

In other news, CFO Martin Small sold 27,047 shares of the business’s stock in a transaction 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 transaction, the chief financial officer directly owned 10,557 shares of the company’s stock, valued at approximately $12,363,724.98. The trade was a 71.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Robert L. Goldstein sold 54,190 shares of the firm’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $1,087.29, for a total value of $58,920,245.10. Following the sale, the chief operating officer directly owned 51,478 shares in the company, valued at approximately $55,971,514.62. The trade was a 51.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 111,319 shares of company stock valued at $123,999,249. 1.98% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on BLK shares. Morgan Stanley boosted their price objective on shares of BlackRock from $1,514.00 to $1,550.00 and gave the company an “overweight” rating in a research report on Friday, January 16th. BNP Paribas Exane boosted their price target on BlackRock from $1,290.00 to $1,300.00 and gave the company an “outperform” rating in a report on Thursday, January 15th. Barclays increased their price objective on BlackRock from $1,300.00 to $1,350.00 and gave the stock an “overweight” rating in a research note on Friday, January 16th. JPMorgan Chase & Co. lifted their target price on BlackRock from $1,244.00 to $1,267.00 and gave the company a “neutral” rating in a research report on Friday, January 9th. Finally, Keefe, Bruyette & Woods cut BlackRock from a “moderate buy” rating to a “moderate sell” rating in a report on Tuesday, March 3rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, BlackRock has an average rating of “Moderate Buy” and a consensus target price of $1,308.89.

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.