BlackRock $BLK Shares Purchased by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC boosted its holdings in shares of BlackRock (NYSE:BLK) by 6.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 43,750 shares of the asset manager’s stock after buying an additional 2,767 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in BlackRock were worth $46,827,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BLK. LFA Lugano Financial Advisors SA acquired a new stake in shares of BlackRock in the fourth quarter valued at $32,000. Hopwood Financial Services Inc. increased its holdings 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 purchasing an additional 26 shares during the period. Collier Financial acquired a new position in shares of BlackRock during the third quarter worth about $36,000. Goodman Advisory Group LLC purchased a new stake in shares of BlackRock during the third quarter worth approximately $37,000. Finally, Dogwood Wealth Management LLC lifted its stake in BlackRock by 94.1% in the third quarter. Dogwood Wealth Management LLC now owns 33 shares of the asset manager’s stock worth $38,000 after acquiring an additional 16 shares during the last quarter. Hedge funds and other 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: BlackRock is set to buy a dollar bond from a unit of India’s Shapoorji Pallonji Group, signaling continued deployment into emerging‑market credit and deal flow that supports fee and spread income in private credit. BlackRock to invest in Shapoorji Pallonji’s unit: Report
• Positive Sentiment: BlackRock expanded Aladdin private credit capabilities on Preqin, improving transparency/analytics for private credit — a move that can accelerate institutional adoption of BlackRock’s tech and drive Aladdin subscription and solutions revenue. BlackRock Aladdin Expands Private Credit Solutions on Preqin
• Positive Sentiment: Institutional flows into BlackRock’s crypto ETFs remain strong (large Bitcoin ETF inflows led by BlackRock), supporting AUM and fee growth in its iShares/ETF franchise. Continued dominance in U.S. spot crypto ETFs is a near‑term earnings and AUM positive. BlackRock And Fidelity Lead $532 Million In Institutional Bitcoin ETF Inflows
• Positive Sentiment: Markets are moving toward tokenized equities infrastructure (DTCC pilot) and BlackRock is active in tokenized products; that positions BlackRock to capture new product distribution and platform fees. Bitcoin Taps $82,000 As BlackRock, JPMorgan Rush Into Tokenized Stocks
• Positive Sentiment: CEO Larry Fink hinted at an upcoming partnership with a hyperscaler to build data centers — potential cost, scale and AI/compute advantages for BlackRock’s Aladdin and data initiatives if confirmed. BlackRock’s Larry Fink hints at a coming partnership with a hyperscaler
• Neutral Sentiment: BlackRock announced a $30M philanthropic commitment to workforce training in Texas (BlackRock Future Builders) — positive PR and community engagement but not material to near‑term earnings. BlackRock Launches Signature Philanthropic Initiative in Texas
• Negative Sentiment: Bloomberg reports a BlackRock private credit vehicle is trying to recover money on a defaulted loan in China — this raises asset‑quality and recovery risk in Asia private credit and could pressure performance or raise provisioning in affected strategies. BlackRock Fund Faces Test in Recovering Defaulted China Loan

BlackRock Stock Up 2.5%

BLK stock opened at $1,075.16 on Thursday. The stock has a market capitalization of $167.23 billion, a PE ratio of 26.99, a price-to-earnings-growth ratio of 1.37 and a beta of 1.44. The company has a fifty day moving average of $1,007.09 and a 200-day moving average of $1,057.63. 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 has a one year low of $914.84 and a one year high of $1,219.94.

BlackRock (NYSE:BLK) last issued its quarterly earnings results on Tuesday, April 14th. The asset manager reported $12.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $12.40 by $0.13. The business had revenue of $6.70 billion for the quarter, compared to analyst estimates of $6.56 billion. BlackRock had a net margin of 24.40% and a return on equity of 14.96%. The business’s revenue was up 27.0% compared to the same quarter last year. During the same period in the previous year, the business posted $9.64 earnings per share. As a group, analysts expect that BlackRock will post 52.77 EPS for the current year.

Analyst Ratings Changes

BLK has been the topic of a number of analyst reports. BMO Capital Markets raised their price target on BlackRock from $1,200.00 to $1,250.00 and gave the company an “outperform” rating in a research note on Monday, April 20th. TD Cowen cut their target price on BlackRock from $1,238.00 to $1,105.00 and set a “hold” rating on the stock in a research report on Thursday, April 9th. Morgan Stanley raised their price objective on shares of BlackRock from $1,368.00 to $1,393.00 and gave the stock an “overweight” rating in a report on Wednesday, April 15th. BNP Paribas Exane lifted their price target on shares of BlackRock from $1,290.00 to $1,300.00 and gave the stock an “outperform” rating in a research note on Thursday, January 15th. Finally, Keefe, Bruyette & Woods boosted their price target on shares of BlackRock from $1,150.00 to $1,240.00 and gave the company an “outperform” rating in a research report on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $1,269.06.

Insider Activity at BlackRock

In other news, CEO Laurence Fink sold 33,900 shares of the stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $1,050.55, for a total transaction of $35,613,645.00. Following the completion of the transaction, the chief executive officer directly owned 230,516 shares of the company’s stock, valued at approximately $242,168,583.80. This represents a 12.82% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, President Robert Kapito sold 8,739 shares of the firm’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $1,056.60, for a total value of $9,233,627.40. Following the completion of the sale, the president directly owned 210,186 shares of the company’s stock, valued at $222,082,527.60. This represents a 3.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 106,911 shares of company stock worth $114,670,698 in the last three months. 1.92% of the stock is currently owned by corporate 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.