BlackRock $BLK Shares Bought by Dakota Wealth Management

Dakota Wealth Management raised its stake in BlackRock (NYSE:BLK) by 115.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 7,476 shares of the asset manager’s stock after purchasing an additional 3,999 shares during the period. Dakota Wealth Management’s holdings in BlackRock were worth $8,001,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Brighton Jones LLC increased its holdings in BlackRock by 23.1% in the fourth quarter. Brighton Jones LLC now owns 1,575 shares of the asset manager’s stock valued at $1,615,000 after buying an additional 296 shares during the last quarter. Bison Wealth LLC lifted its holdings in BlackRock by 1.6% during the 4th quarter. Bison Wealth LLC now owns 1,052 shares of the asset manager’s stock worth $1,078,000 after buying an additional 17 shares during the last quarter. Schnieders Capital Management LLC. bought a new position in BlackRock during the 2nd quarter worth approximately $259,000. CreativeOne Wealth LLC grew its position in shares of BlackRock by 42.3% in the 2nd quarter. CreativeOne Wealth LLC now owns 1,461 shares of the asset manager’s stock worth $1,534,000 after acquiring an additional 434 shares in the last quarter. Finally, XTX Topco Ltd acquired a new position in shares of BlackRock in the 2nd quarter worth approximately $617,000. Institutional investors own 80.69% of the company’s stock.

Key BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Integrated Chronicle’s Proof-of-Asset for its tokenized BUIDL fund — improves on‑chain verification and transparency for a ~$1.7B tokenized liquidity product, supporting BlackRock’s tokenization strategy. BlackRock Adds Chronicle to Verify Tokenized BUIDL
• Positive Sentiment: Raised/established stake in Fisher & Paykel Healthcare (over 7.6%) — an active equity allocation that demonstrates portfolio repositioning and opportunistic buying. BlackRock Lifts Stake in Fisher & Paykel Healthcare to Over 7.6%
• Positive Sentiment: Crypto flows and revenue potential remain a growth vector — IBIT saw large inflows and management projects meaningful crypto revenue ( ~$500M annual target), supporting new fee pools. Bitcoin Price News Shows BlackRock Fueling $322M IBIT Day
• Neutral Sentiment: Speculation about a possible BlackRock move into spot XRP is circulating — could matter if it materializes, but currently unconfirmed and speculative. Is BlackRock Going Into XRP? This Ripple Move Could Be The Game-Changer
• Neutral Sentiment: BlackRock representatives participated in institutional crypto/ETH forums — signals engagement but not an immediate earnings driver. Ethereum Foundation Holds Invite-Only Event For Institutions In New York City
• Neutral Sentiment: Analysts are reworking targets in both directions — the market shows split views reflecting strong results but also flow/execution risks. How The Story On BlackRock (BLK) Is Shifting As Analysts Rework Their Targets
• Negative Sentiment: Pomerantz law firm launches an investor investigation into BlackRock — legal/PR risk that can pressure sentiment until details clear. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of BlackRock, Inc. – BLK
• Negative Sentiment: Senior executives’ warnings on oil and Iran risks (Larry Fink, Rob Kapito) highlight the potential for higher oil, slower growth and inflation — a macro headwind for markets and fee growth. BlackRock CEO warns oil rise to $150 could trigger global recession
• Negative Sentiment: Reported private-credit redemption surge (~$1.2B) and broader redemption debate (public backlash) raise concerns about near-term outflows and product stability. Reddit Turns Bearish on BlackRock After $1.2 Billion Private Credit Withdrawal Surge

BlackRock Price Performance

Shares of BLK opened at $967.95 on Friday. BlackRock has a 12 month low of $773.74 and a 12 month high of $1,219.94. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.98 and a quick ratio of 2.98. The stock has a fifty day moving average price of $1,051.82 and a 200 day moving average price of $1,083.34. The company has a market cap of $150.55 billion, a P/E ratio of 27.33, a PEG ratio of 1.25 and a beta of 1.48.

BlackRock (NYSE:BLK) last posted its earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $12.55 by $0.61. BlackRock had a return on equity of 14.78% and a net margin of 22.93%.The company had revenue of $7.01 billion for the quarter, compared to analysts’ expectations of $6.80 billion. During the same period last year, the business posted $11.93 earnings per share. The firm’s quarterly revenue was up 23.4% compared to the same quarter last year. On average, research analysts forecast that BlackRock will post 47.41 earnings per share for the current year.

BlackRock Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Friday, March 6th were given a $5.73 dividend. The ex-dividend date was Friday, March 6th. This represents a $22.92 annualized dividend and a yield of 2.4%. This is a boost from BlackRock’s previous quarterly dividend of $5.21. BlackRock’s payout ratio is 64.71%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. CICC Research upped their price target on BlackRock from $1,000.00 to $1,250.00 in a research report on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft boosted their target price on shares of BlackRock from $1,296.00 to $1,380.00 in a research note on Thursday, January 15th. Weiss Ratings reissued a “buy (b-)” rating on shares of BlackRock in a report on Monday, December 29th. JPMorgan Chase & Co. raised their price target on shares of BlackRock from $1,244.00 to $1,267.00 and gave the stock a “neutral” rating in a research report on Friday, January 9th. Finally, BMO Capital Markets lowered their price objective on shares of BlackRock from $1,300.00 to $1,250.00 and set an “outperform” rating for the company in a research report on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,308.89.

Insider Activity

In other BlackRock news, COO Robert L. Goldstein sold 5,293 shares of the business’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $1,084.22, for a total transaction of $5,738,776.46. Following the completion of the transaction, the chief operating officer directly owned 46,185 shares of the company’s stock, valued at $50,074,700.70. The trade was a 10.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director J. Richard Kushel sold 385 shares of the company’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $1,084.91, for a total transaction of $417,690.35. Following the completion of the transaction, the director owned 3,335 shares of the company’s stock, valued at approximately $3,618,174.85. This trade represents a 10.35% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 111,319 shares of company stock valued at $123,999,249. 1.98% of the stock is owned by company insiders.

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.