BNP Paribas Grows Position in BlackRock $BLK

BNP Paribas raised its holdings in BlackRock (NYSE:BLK) by 8.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 6,715 shares of the asset manager’s stock after acquiring an additional 537 shares during the quarter. BNP Paribas’ holdings in BlackRock were worth $7,254,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC increased its position in shares of BlackRock by 23.1% during the 4th quarter. Brighton Jones LLC now owns 1,575 shares of the asset manager’s stock valued at $1,615,000 after purchasing an additional 296 shares during the last quarter. Bison Wealth LLC increased its position in shares of BlackRock by 1.6% during the 4th quarter. Bison Wealth LLC now owns 1,052 shares of the asset manager’s stock valued at $1,078,000 after purchasing an additional 17 shares during the last quarter. Schnieders Capital Management LLC. bought a new position in shares of BlackRock during the 2nd quarter valued at about $259,000. Nebula Research & Development LLC bought a new position in shares of BlackRock during the 2nd quarter valued at about $548,000. Finally, Osterweis Capital Management Inc. bought a new position in shares of BlackRock during the 2nd quarter valued at about $98,000. Hedge funds and other institutional investors own 80.69% of the company’s stock.

BlackRock Trading Down 2.4%

NYSE BLK opened at $1,021.31 on Tuesday. The company has a quick ratio of 4.09, a current ratio of 4.09 and a debt-to-equity ratio of 0.34. BlackRock has a twelve month low of $917.39 and a twelve month high of $1,219.94. The firm has a market capitalization of $158.54 billion, a PE ratio of 25.64, a P/E/G ratio of 1.36 and a beta of 1.42. The stock’s 50 day moving average is $1,030.75 and its 200 day moving average is $1,053.05.

BlackRock (NYSE:BLK) last released its quarterly earnings results on Tuesday, April 14th. The asset manager reported $12.53 earnings per share for the quarter, beating the consensus estimate of $12.40 by $0.13. BlackRock had a return on equity of 14.74% and a net margin of 24.40%.The company had revenue of $6.70 billion for the quarter, compared to analyst estimates of $6.56 billion. During the same period in the previous year, the company posted $9.64 earnings per share. The firm’s revenue was up 27.0% on a year-over-year basis. Research analysts forecast that BlackRock will post 52.8 earnings per share for the current fiscal year.

BlackRock Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Friday, June 5th will be given a dividend of $5.73 per share. The ex-dividend date is Friday, June 5th. This represents a $22.92 annualized dividend and a dividend yield of 2.2%. BlackRock’s payout ratio is currently 57.53%.

Key Headlines Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock launched a $25 million national RFP through its Future Builders philanthropic initiative to expand America’s skilled trades workforce, highlighting continued capital deployment and brand-building around a long-term social impact effort. BlackRock Future Builders Launches $25 Million National RFP to Expand America’s Skilled Trades Workforce
• Neutral Sentiment: BlackRock TCP Capital completed a major CLO financing transaction, which is more relevant to TCPC than to BlackRock’s core asset-management earnings outlook. BlackRock TCP Capital Completes Major CLO Financing Transaction
• Neutral Sentiment: A market article noted that BlackRock has recently underperformed the Nasdaq, but also said analysts remain highly optimistic about the stock’s outlook. Is BlackRock Stock Underperforming the Nasdaq?
• Neutral Sentiment: BlackRock’s stock is also being affected by routine technical and market-factor commentary, including broader weakness in financial shares and an upcoming ex-dividend date. Sector Update: Financial Stocks Softer Late Afternoon Four Days Left To Buy BlackRock, Inc. (NYSE:BLK) Before The Ex-Dividend Date
• Negative Sentiment: BlackRock’s iShares Bitcoin Trust (IBIT) saw a large block sale and heavy ETF outflows, fueling concerns about near-term demand for the fund and weighing on sentiment around BlackRock’s fast-growing digital-asset franchise. Mystery Investor Offloads $1.26B in BlackRock Bitcoin ETF (IBIT) — Analysis Inside NYDIG suggests $1.3B IBIT sale was whale exiting directional trade Bitcoin (BTC) Spot ETFs Record $1.42B in Weekly Outflows as Price Tumbles to $73K
• Negative Sentiment: Another report said BlackRock’s crypto portfolio value has fallen by more than $13 billion in the first five months of 2026, reinforcing pressure on sentiment tied to digital-asset exposure. BlackRock crypto portfolio fell by over $13 billion in 5 months

Insider Activity at BlackRock

In related news, President Robert Kapito sold 8,739 shares of BlackRock stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $1,056.60, for a total transaction of $9,233,627.40. Following the sale, the president directly owned 210,186 shares in the company, valued at $222,082,527.60. The trade was a 3.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Laurence Fink sold 33,900 shares of BlackRock stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $1,050.55, for a total value of $35,613,645.00. Following the sale, the chief executive officer owned 230,516 shares in the company, valued at $242,168,583.80. This represents a 12.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.92% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on BLK shares. TD Cowen reduced their price objective 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. UBS Group increased their price objective on BlackRock from $1,235.00 to $1,270.00 and gave the company a “buy” rating in a research report on Wednesday, April 15th. Weiss Ratings upgraded BlackRock from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, May 13th. Barclays increased their price objective on BlackRock from $1,290.00 to $1,310.00 and gave the company an “overweight” rating in a research report on Wednesday, April 15th. Finally, JPMorgan Chase & Co. reduced their price objective on BlackRock from $1,269.00 to $1,128.00 and set a “neutral” rating on the stock in a research report on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $1,269.06.

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.