12,720 Shares in BlackRock $BLK Purchased by Vise Technologies Inc.

Vise Technologies Inc. acquired a new position in shares of BlackRock (NYSE:BLK) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 12,720 shares of the asset manager’s stock, valued at approximately $12,231,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Rather & Kittrell Inc. lifted its stake in shares of BlackRock by 2.1% in the 4th quarter. Rather & Kittrell Inc. now owns 430 shares of the asset manager’s stock valued at $461,000 after purchasing an additional 9 shares during the last quarter. Oakworth Capital Inc. increased its position in shares of BlackRock by 1.2% during the 4th quarter. Oakworth Capital Inc. now owns 755 shares of the asset manager’s stock valued at $808,000 after purchasing an additional 9 shares during the last quarter. McIlrath & Eck LLC increased its position in shares of BlackRock by 5.0% during the 4th quarter. McIlrath & Eck LLC now owns 212 shares of the asset manager’s stock valued at $227,000 after purchasing an additional 10 shares during the last quarter. Manske Wealth Management raised its holdings in BlackRock by 3.0% during the 4th quarter. Manske Wealth Management now owns 345 shares of the asset manager’s stock valued at $369,000 after buying an additional 10 shares during the period. Finally, Gibson Capital LLC raised its holdings in BlackRock by 3.4% during the 4th quarter. Gibson Capital LLC now owns 308 shares of the asset manager’s stock valued at $330,000 after buying an additional 10 shares during the period. 80.69% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock Stock Down 1.6%

Shares of BLK opened at $1,139.89 on Friday. The firm has a fifty day moving average price of $1,065.22 and a 200-day moving average price of $1,043.44. The company has a current ratio of 3.59, a quick ratio of 3.59 and a debt-to-equity ratio of 0.33. The firm has a market capitalization of $176.53 billion, a P/E ratio of 27.24, a P/E/G ratio of 1.31 and a beta of 1.42. BlackRock has a 12-month low of $917.39 and a 12-month high of $1,219.94.

BlackRock (NYSE:BLK) last posted its quarterly earnings results on Wednesday, July 15th. The asset manager reported $13.91 EPS for the quarter, topping the consensus estimate of $12.69 by $1.22. BlackRock had a net margin of 24.09% and a return on equity of 14.90%. The company had revenue of $7.08 billion for the quarter, compared to the consensus estimate of $6.73 billion. During the same quarter last year, the firm posted $12.05 EPS. The firm’s revenue was up 30.6% compared to the same quarter last year. Equities research analysts expect that BlackRock will post 55.63 earnings per share for the current year.

BlackRock Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be paid a $5.73 dividend. This represents a $22.92 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Tuesday, September 8th. BlackRock’s dividend payout ratio is currently 54.78%.

Analyst Upgrades and Downgrades

BLK has been the subject of several recent analyst reports. Weiss Ratings lowered shares of BlackRock from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, August 11th. Bank of America increased their target price on shares of BlackRock from $1,298.00 to $1,320.00 and gave the company a “buy” rating in a research note on Thursday, July 16th. Keefe, Bruyette & Woods lowered shares of BlackRock from a “moderate buy” rating to a “hold” rating in a report on Friday, August 7th. Morgan Stanley lifted their price target on shares of BlackRock from $1,383.00 to $1,488.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Finally, Zacks Research upgraded shares of BlackRock from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $1,311.06.

Key Headlines Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock’s iShares Bitcoin Trust led a surge in U.S. spot Bitcoin ETF demand, attracting $588.5 million over three days and $284.7 million on Wednesday alone. Sustained inflows could increase BlackRock’s fee-generating assets and support growth in its digital-assets franchise. Bitcoin ETFs Heat Up After Three Days of Heavy Buying
• Positive Sentiment: BlackRock’s updated research continued to support Bitcoin as a potential portfolio diversifier, citing a possible 1%–2% allocation. A favorable long-term stance may help preserve demand for the iShares Bitcoin Trust despite recent cryptocurrency volatility. BlackRock updates its Bitcoin outlook after historic selloff
• Positive Sentiment: BlackRock and Oaktree Capital reportedly seized debt-laden movie-servicer MBS through their credit investments. The transaction highlights the scale and potential deployment opportunities of BlackRock’s private-credit platform, although distressed assets carry execution risk. BlackRock, Oaktree Seize Debt-Laden Movie Servicer MBS
• Neutral Sentiment: BlackRock Canada announced August cash distributions for numerous iShares ETFs, with payments scheduled for August 31 to eligible unitholders. The announcement is routine but reinforces the breadth of BlackRock’s ETF platform and recurring investor engagement. BlackRock Canada Announces August Cash Distributions
• Neutral Sentiment: BlackRock executives warned that bond-market volatility is spilling into equities, particularly large artificial-intelligence stocks, while highlighting the value of active management. The comments provide market context but do not materially change BLK’s earnings outlook. BlackRock: Markets calm on top line, but volatility under the hood
• Negative Sentiment: Rosen Law Firm said it is investigating potential securities claims involving BlackRock mutual funds, alleging materially misleading business information. The announcement does not establish wrongdoing, but it adds headline and potential litigation risk for investors. BlackRock Investor News: Rosen Law Firm Investigation
• Negative Sentiment: BLK underperformed the broader market during the latest session, reflecting investor caution amid market volatility and the legal-investigation headlines. Why BlackRock Dipped More Than the Broader Market

About BlackRock

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.