Segall Bryant & Hamill LLC Purchases Shares of 7,744 BlackRock $BLK

Posted by Chris Copeland on Aug 3rd, 2026

Segall Bryant & Hamill LLC purchased a new stake in shares of BlackRock (NYSE:BLK – Free Report) during the first quarter, HoldingsChannel.com reports. The institutional investor purchased 7,744 shares of the asset manager’s stock, valued at approximately $7,366,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Legal & General Group Plc grew its stake in shares of BlackRock by 0.8% in the fourth quarter. Legal & General Group Plc now owns 920,578 shares of the asset manager’s stock worth $985,331,000 after purchasing an additional 7,457 shares in the last quarter. TCV Trust & Wealth Management Inc. bought a new stake in shares of BlackRock during the fourth quarter valued at about $20,279,000. Texas Yale Capital Corp. lifted its holdings in BlackRock by 32.2% in the fourth quarter. Texas Yale Capital Corp. now owns 5,764 shares of the asset manager’s stock worth $6,169,000 after purchasing an additional 1,405 shares during the period. Thrivent Financial for Lutherans grew its position in BlackRock by 94.6% in the 4th quarter. Thrivent Financial for Lutherans now owns 26,828 shares of the asset manager’s stock valued at $28,720,000 after buying an additional 13,040 shares in the last quarter. Finally, Capital Research Global Investors grew its position in BlackRock by 0.3% in the 4th quarter. Capital Research Global Investors now owns 3,838,937 shares of the asset manager’s stock valued at $4,108,968,000 after buying an additional 12,019 shares in the last quarter. 80.69% of the stock is currently owned by institutional investors and hedge funds.

BlackRock Price Performance

NYSE BLK opened at $1,093.47 on Monday. BlackRock has a 1 year low of $917.39 and a 1 year high of $1,219.94. The business’s fifty day moving average is $1,032.03 and its two-hundred day moving average is $1,041.40. The stock has a market capitalization of $169.48 billion, a P/E ratio of 26.13, a P/E/G ratio of 1.23 and a beta of 1.42. The company has a debt-to-equity ratio of 0.34, a quick ratio of 4.09 and a current ratio of 4.09.

BlackRock (NYSE:BLK – Get Free Report) last issued its earnings results on Wednesday, July 15th. The asset manager reported $13.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $12.69 by $1.22. The business had revenue of $7.08 billion for the quarter, compared to analysts’ expectations of $6.73 billion. BlackRock had a return on equity of 15.01% and a net margin of 24.09%.The company’s quarterly revenue was up 30.6% on a year-over-year basis. During the same period in the previous year, the firm posted $12.05 EPS. On average, research analysts forecast that BlackRock will post 55.63 earnings per share for the current fiscal year.

BlackRock Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be given a $5.73 dividend. The ex-dividend date is Tuesday, September 8th. This represents a $22.92 dividend on an annualized basis and a dividend yield of 2.1%. BlackRock’s dividend payout ratio (DPR) is 54.78%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on BLK shares. Bank of America boosted their price target on shares of BlackRock from $1,298.00 to $1,320.00 and gave the stock a “buy” rating in a research report on Thursday, July 16th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $1,258.00 price objective on shares of BlackRock in a research note on Thursday, July 16th. Jefferies Financial Group cut their target price on BlackRock from $1,351.00 to $1,199.00 and set a “buy” rating for the company in a research report on Wednesday, April 8th. Evercore reaffirmed an “outperform” rating and set a $1,145.00 price target on shares of BlackRock in a research note on Friday, July 10th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $1,389.00 price target on shares of BlackRock in a research report on Thursday, July 16th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, BlackRock has a consensus rating of “Buy” and an average price target of $1,304.29.

Get Our Latest Stock Report on BLK

Key BlackRock News

Here are the key news stories impacting BlackRock this week:

Positive Sentiment: Demand for BlackRock’s crypto products remains strong. Its iShares Bitcoin Trust (IBIT) attracted approximately $183 million of new inflows on July 30, contributing to $233 million in total spot Bitcoin ETF inflows. Continued ETF demand could support fee revenue and assets under management. Spot Bitcoin ETFs Attract $233M in Fresh Inflows as BlackRock’s IBIT Leads Demand
Positive Sentiment: Stripe’s blockchain, Tempo, integrated BlackRock’s BUIDL tokenized Treasury fund, expanding institutional access to the product and reinforcing BlackRock’s leadership in tokenized assets. Tempo Brings BlackRock’s BUIDL to Businesses in New Treasury Partnership
Positive Sentiment: BlackRock was identified alongside Fidelity and Goldman Sachs as a major TradFi supporter of the CLARITY Act, potentially improving regulatory clarity for digital assets if the legislation advances. Could Wisconsin strip your voting rights for using prediction markets?
Neutral Sentiment: Analysts highlighted three BlackRock mutual funds with top Zacks rankings, but the article is promotional and does not represent new company fundamentals or a material change in investor demand. 3 BlackRock Mutual Funds to Grab Now for Superior Returns
Negative Sentiment: Rosen Law Firm announced an investigation into potential securities claims involving BlackRock mutual funds, alleging misleading business information. The announcement does not establish wrongdoing, but it creates headline and litigation risk. Rosen Investor Investigation

BlackRock Company Profile

(Free Report)

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.