HighTower Advisors LLC Has $92.36 Million Stock Position in BlackRock $BLK

HighTower Advisors LLC grew its position in shares of BlackRock (NYSE:BLK) by 0.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 86,286 shares of the asset manager’s stock after acquiring an additional 505 shares during the quarter. HighTower Advisors LLC owned 0.06% of BlackRock worth $92,355,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Birchbrook Inc. acquired a new position in BlackRock during the 4th quarter worth approximately $31,000. LFA Lugano Financial Advisors SA acquired a new position in BlackRock during the 4th quarter worth approximately $32,000. Hopwood Financial Services Inc. boosted its position in BlackRock by 866.7% during the 3rd quarter. Hopwood Financial Services Inc. now owns 29 shares of the asset manager’s stock worth $34,000 after acquiring an additional 26 shares during the last quarter. Collier Financial acquired a new position in BlackRock during the 3rd quarter worth approximately $36,000. Finally, Goodman Advisory Group LLC acquired a new position in BlackRock during the 3rd quarter worth approximately $37,000. Institutional investors and hedge funds own 80.69% of the company’s stock.

BlackRock News Summary

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock’s private-credit expansion got a boost from a new partnership with Citi, which will use BlackRock’s HPS platform to broaden direct lending across EMEA as demand for private credit continues to grow. Citi strikes €15bn partnership with BlackRock for private European lending
• Positive Sentiment: BlackRock’s iShares Bitcoin Trust (IBIT) is still gathering assets overall in May, with reports indicating more than 8,000 Bitcoin added during the month, supporting the firm’s ETF fee engine. BlackRock adds over 8,000 Bitcoin in May 2026
• Neutral Sentiment: BlackRock was reported to have transferred a large amount of Bitcoin to Coinbase Prime wallets, which appears consistent with ETF custody/trading operations rather than a clear strategic shift. BlackRock moves 5,847 Bitcoin worth $450M to Coinbase Prime wallets
• Neutral Sentiment: Shapoorji Pallonji Group is seeking $2.7 billion in private credit, with BlackRock among the potential providers, reinforcing demand for its lending capabilities. SP Group plans to raise $2.7 billion; BlackRock, Bofa may chip in
• Negative Sentiment: Sentiment on BLK has been pressured by a broader risk-off move, rising Treasury yields, and large outflows from spot bitcoin ETFs, including roughly $448 million from BlackRock’s IBIT in one session, which could hurt fee-related growth expectations. BlackRock slides as risk-off tone hits financials and crypto-ETF flow headlines resurface
• Negative Sentiment: Investors are also watching regulatory risk after reports that the Manhattan U.S. Attorney’s Office requested information on valuation practices at BlackRock’s private credit fund, adding uncertainty around a key growth area. BlackRock’s Troubled Private Credit Fund Draws DOJ Scrutiny

Insider Transactions at BlackRock

In other BlackRock news, Director J. Richard Kushel sold 2,000 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $1,083.05, for a total transaction of $2,166,100.00. Following the transaction, the director owned 61,980 shares in the company, valued at $67,127,439. This trade represents a 3.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Robert Kapito sold 8,739 shares of the stock in a transaction on 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 transaction, the president owned 210,186 shares in the company, valued at $222,082,527.60. The trade was a 3.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 45,249 shares of company stock worth $47,671,714 over the last quarter. 1.92% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have weighed in on BLK shares. Morgan Stanley upped their price target on BlackRock from $1,368.00 to $1,393.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 15th. JPMorgan Chase & Co. cut their price objective on BlackRock from $1,269.00 to $1,128.00 and set a “neutral” rating for the company in a report on Monday, April 13th. Weiss Ratings raised BlackRock from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, May 13th. CICC Research increased their price objective on BlackRock from $1,000.00 to $1,250.00 in a report on Tuesday, February 3rd. Finally, BMO Capital Markets increased their price objective on BlackRock from $1,200.00 to $1,250.00 and gave the company an “outperform” rating in a report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,269.06.

BlackRock Stock Down 4.5%

BLK opened at $1,036.89 on Wednesday. BlackRock has a 1-year low of $917.39 and a 1-year high of $1,219.94. The stock’s fifty day simple moving average is $1,011.94 and its 200 day simple moving average is $1,054.33. The company has a current ratio of 4.09, a quick ratio of 4.09 and a debt-to-equity ratio of 0.34. The stock has a market cap of $160.96 billion, a PE ratio of 26.03, a price-to-earnings-growth ratio of 1.42 and a beta of 1.44.

BlackRock (NYSE:BLK) last posted its quarterly earnings results on Tuesday, April 14th. The asset manager reported $12.53 earnings per share for the quarter, beating analysts’ consensus estimates of $12.40 by $0.13. BlackRock had a return on equity of 14.74% and a net margin of 24.40%.The business had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $6.56 billion. During the same quarter in the prior year, the business earned $9.64 EPS. The firm’s revenue for the quarter was up 27.0% on a year-over-year basis. As a group, research analysts expect that BlackRock will post 52.77 earnings per share for the current year.

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.