Modera Wealth Management LLC Reduces Holdings in BlackRock $BLK

Modera Wealth Management LLC reduced its holdings in shares of BlackRock (NYSE:BLK) by 1.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,075 shares of the asset manager’s stock after selling 870 shares during the quarter. Modera Wealth Management LLC’s holdings in BlackRock were worth $61,090,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in BLK. Brighton Jones LLC increased its holdings in 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 acquiring an additional 296 shares in the last quarter. Bison Wealth LLC increased 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 valued at $1,078,000 after acquiring an additional 17 shares in the last quarter. Schnieders Capital Management LLC. acquired a new position in shares of BlackRock in the second quarter valued at approximately $259,000. Ossiam acquired a new position in shares of BlackRock in the second quarter valued at approximately $49,315,000. Finally, Natixis raised its position in shares of BlackRock by 51.6% in the second quarter. Natixis now owns 54,070 shares of the asset manager’s stock valued at $56,733,000 after buying an additional 18,406 shares during the last quarter. 80.69% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

BLK has been the subject of a number of analyst reports. BNP Paribas Exane boosted their price objective on shares of BlackRock from $1,290.00 to $1,300.00 and gave the company an “outperform” rating in a research report on Thursday, January 15th. Deutsche Bank Aktiengesellschaft lifted their price objective on BlackRock from $1,296.00 to $1,380.00 in a research report on Thursday, January 15th. JPMorgan Chase & Co. lifted their price objective on BlackRock from $1,244.00 to $1,267.00 and gave the company a “neutral” rating in a research report on Friday, January 9th. Wall Street Zen raised BlackRock from a “sell” rating to a “hold” rating in a research report on Saturday, January 17th. Finally, Morgan Stanley lowered their price objective on BlackRock from $1,550.00 to $1,368.00 and set an “overweight” rating for the company in a research report on Wednesday, April 1st. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,291.44.

Trending Headlines about BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Large crypto ETF inflows signal demand for BlackRock’s digital‑asset products — US spot Bitcoin ETFs posted $471M of single‑day inflows on April 6, the biggest since February, with institutional buying led by BlackRock and Fidelity. This supports fee/AUM growth for BlackRock’s crypto offerings. Bitcoin ETFs See Strongest Single-Day Inflow Since February With $471M Surge
• Positive Sentiment: Ethereum spot ETFs also saw healthy flows — roughly $120M in daily inflows as ETH surged past $2,100, with coverage noting BlackRock leading the charge. More crypto ETF traction can translate into incremental management fees and higher AUM. Ethereum (ETH) Surges Past $2,100 as Spot ETFs Record $120M Daily Inflows
• Positive Sentiment: Product expansion: BlackRock filed to launch an iShares Nasdaq‑100 ETF (ticker IQQ), directly challenging Invesco’s QQQ. If it gains share, this ETF could capture part of the ~$400B+ Nasdaq‑100 ecosystem and boost long‑term AUM. BlackRock files to challenge Invesco’s Nasdaq 100 ETF monopoly
• Neutral Sentiment: Industry policy context: analysts are discussing a potential SEC‑driven ETF/mutual‑fund “makeover” that could reshape fund tax and distribution dynamics — a structural change that could benefit large ETF issuers like BlackRock over time but is uncertain. How the ‘Domino Effect’ from a Wonky SEC Policy Shift May Ease Capital Gains Pain
• Neutral Sentiment: Personnel movement: Aiviq named former BlackRock/Apex executive Nicholas Morse as Head of Revenue, Americas — a routine industry hire that reflects talent mobility but has minimal direct impact on BlackRock’s outlook. Aiviq Appoints Former BlackRock and Apex Executive Nicholas Morse as Head of Revenue, Americas
• Neutral Sentiment: Stake update: BlackRock trimmed its direct voting stake in Austria’s OMV below 4% — a routine portfolio/voting disclosure with limited implications for US investor sentiment. BlackRock Trimmed Direct Voting Stake in OMV Below 4%
• Negative Sentiment: Analyst pushback: Goldman Sachs lowered its price target on BLK from $1,341 to $1,181 while keeping a Buy rating — the cut reduces upside in sell‑side models and likely weighed on intraday sentiment. Goldman Sachs adjusts price target on BlackRock to $1,181 from $1,341; maintains Buy

BlackRock Price Performance

BlackRock stock opened at $959.36 on Tuesday. BlackRock has a 1 year low of $773.74 and a 1 year high of $1,219.94. The firm has a 50 day moving average price of $1,026.23 and a 200 day moving average price of $1,074.70. The company has a market cap of $149.22 billion, a price-to-earnings ratio of 27.09, a PEG ratio of 1.24 and a beta of 1.48. 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 (NYSE:BLK) last released 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 net margin of 22.93% and a return on equity of 14.78%. The firm had revenue of $7.01 billion during the quarter, compared to the consensus estimate of $6.80 billion. During the same period in the previous year, the firm earned $11.93 earnings per share. BlackRock’s revenue was up 23.4% compared to the same quarter last year. Sell-side analysts predict that BlackRock will post 47.41 earnings per share for the current year.

BlackRock Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Friday, March 6th were issued a $5.73 dividend. The ex-dividend date was Friday, March 6th. This is a positive change from BlackRock’s previous quarterly dividend of $5.21. This represents a $22.92 dividend on an annualized basis and a yield of 2.4%. BlackRock’s payout ratio is presently 64.71%.

Insider Buying and Selling at BlackRock

In other BlackRock news, CFO Martin Small sold 27,047 shares of BlackRock stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $1,171.14, for a total transaction of $31,675,823.58. Following the transaction, the chief financial officer directly owned 10,557 shares of the company’s stock, valued at $12,363,724.98. The trade was a 71.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Stephen Cohen sold 2,179 shares of BlackRock stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $1,073.87, for a total transaction of $2,339,962.73. Following the transaction, the director directly owned 6,543 shares in the company, valued at approximately $7,026,331.41. This trade represents a 24.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 111,319 shares of company stock valued at $123,999,249. 1.98% 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.