Indivisible Partners Makes New Investment in BlackRock $BLK

Indivisible Partners bought a new position in BlackRock (NYSE:BLK) during the 4th quarter, HoldingsChannel.com reports. The fund bought 1,637 shares of the asset manager’s stock, valued at approximately $1,752,000.

Several other hedge funds also recently bought and sold shares of the company. Stevens Capital Management LP bought a new stake in shares of BlackRock during the 4th quarter worth about $1,256,000. Swedbank AB boosted its stake in shares of BlackRock by 3.0% during the 4th quarter. Swedbank AB now owns 89,048 shares of the asset manager’s stock worth $95,312,000 after acquiring an additional 2,580 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of BlackRock by 5.4% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 317,625 shares of the asset manager’s stock worth $344,642,000 after acquiring an additional 16,343 shares in the last quarter. AssuredPartners Investment Advisors LLC boosted its stake in shares of BlackRock by 3.5% during the 4th quarter. AssuredPartners Investment Advisors LLC now owns 2,609 shares of the asset manager’s stock worth $2,793,000 after acquiring an additional 88 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in shares of BlackRock by 1.6% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 20,379 shares of the asset manager’s stock worth $21,812,000 after acquiring an additional 318 shares in the last quarter. 80.69% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Morgan Stanley upped their price target on BlackRock from $1,368.00 to $1,393.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 15th. Jefferies Financial Group decreased their price target on BlackRock from $1,351.00 to $1,199.00 and set a “buy” rating for the company in a research note on Wednesday, April 8th. BNP Paribas Exane upped their price target on BlackRock from $1,290.00 to $1,300.00 and gave the stock an “outperform” rating in a research note on Thursday, January 15th. Weiss Ratings downgraded BlackRock from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. Finally, Keefe, Bruyette & Woods upped their price target on BlackRock from $1,150.00 to $1,240.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,269.06.

BlackRock Price Performance

Shares of NYSE:BLK opened at $1,048.73 on Wednesday. The business has a 50 day moving average price of $1,006.99 and a 200 day moving average price of $1,058.31. BlackRock has a twelve month low of $906.57 and a twelve month high of $1,219.94. The company has a market cap of $163.12 billion, a price-to-earnings ratio of 26.32, a PEG ratio of 1.37 and a beta of 1.44. The company has a quick ratio of 2.98, a current ratio of 2.98 and a debt-to-equity ratio of 0.37.

BlackRock (NYSE:BLK) last announced its 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 14.96% and a net margin of 24.40%.The firm had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $6.56 billion. During the same quarter in the prior year, the company earned $9.64 EPS. The firm’s revenue for the quarter was up 27.0% compared to the same quarter last year. Research analysts predict that BlackRock will post 52.77 earnings per share for the current year.

More BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock CEO Larry Fink signaled a forthcoming partnership with a hyperscaler to build data centers — a strategic move that could deepen cloud/data capabilities, support product distribution and open new revenue/technology synergies. BlackRock’s Larry Fink hints at a coming partnership with a hyperscaler
• Positive Sentiment: Strong institutional demand for crypto ETFs continues to benefit BlackRock—its IBIT and other products led big inflows ($284M on one big day; multi-day positive flows), boosting ETF AUM and fee revenue prospects. Crypto News Today: Can BNB and XRP Keep Up With The $630 Million ETF Wave While Pepeto Fills Its Presale
• Positive Sentiment: BlackRock carried out ETF stock splits to make popular iShares funds more accessible, which can broaden retail inflows and lift long-term ETF asset growth. These 2 BlackRock ETFs Get More Accessible After Stock Splits: What It Means for Investors
• Positive Sentiment: BlackRock is part of the DTCC industry group planning a tokenized securities pilot and October launch — positioning the firm to capture early market share in tokenized asset custody and distribution. DTCC eyes October tokenized securities launch with 50 DeFi and TradFi giants
• Neutral Sentiment: BlackRock executives reiterate bullish views on AI’s economic impact and broader equity opportunity (and Rieder prefers equities vs. fixed income at current yields), which supports active and passive equity strategies long-term but doesn’t guarantee near-term inflows. ‘Like 10 Manhattan Projects going off all at once’: AI is rewiring the global economy, says this BlackRock exec
• Neutral Sentiment: The Fed’s renewed Treasury purchases and Rieder’s view that 10-year yields may fall (to ~4%) affect fixed-income positioning — lower yields help equities but could compress short-term fixed-income margin opportunities. Federal Reserve Is Buying Treasuries Again, But BlackRock’s Rick Rieder Still Prefers Equities
• Negative Sentiment: Large foreign institutional outflows ($39B FII selloff) hit markets like India — a drag on regional equity AUM and short-term performance; BlackRock’s overweight stance on India mitigates long-term concern but near-term AUM/fee growth could be pressured. Nifty hit by $39 billion FII selloff but why is BlackRock’s Ben Powell betting big on India

Insider Buying and Selling

In other news, Director J. Richard Kushel sold 385 shares of BlackRock stock in a transaction that occurred on 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 sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Robert L. Goldstein sold 5,293 shares of the company’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $1,084.22, for a total value of $5,738,776.46. Following the completion of the transaction, the chief operating officer owned 46,185 shares of the company’s stock, valued at $50,074,700.70. The trade was a 10.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 106,911 shares of company stock worth $114,670,698. 1.92% of the stock is currently owned by corporate insiders.

BlackRock 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.