National Bank of Canada FI Sells 12,732 Shares of BlackRock $BLK

National Bank of Canada FI trimmed its holdings in shares of BlackRock (NYSE:BLK) by 7.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 165,791 shares of the asset manager’s stock after selling 12,732 shares during the period. National Bank of Canada FI’s holdings in BlackRock were worth $193,276,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Mercer Global Advisors Inc. ADV boosted its stake in BlackRock by 19.7% in the third quarter. Mercer Global Advisors Inc. ADV now owns 20,623 shares of the asset manager’s stock worth $24,044,000 after purchasing an additional 3,398 shares in the last quarter. MFA Wealth Services increased its stake in shares of BlackRock by 2.7% in the third quarter. MFA Wealth Services now owns 618 shares of the asset manager’s stock valued at $720,000 after buying an additional 16 shares in the last quarter. Moneta Group Investment Advisors LLC raised its holdings in shares of BlackRock by 14.2% in the third quarter. Moneta Group Investment Advisors LLC now owns 2,098 shares of the asset manager’s stock valued at $2,446,000 after buying an additional 261 shares during the last quarter. L2 Asset Management LLC raised its holdings in shares of BlackRock by 4.4% in the third quarter. L2 Asset Management LLC now owns 665 shares of the asset manager’s stock valued at $775,000 after buying an additional 28 shares during the last quarter. Finally, Laird Norton Wetherby Wealth Management LLC lifted its position in BlackRock by 3.2% during the 3rd quarter. Laird Norton Wetherby Wealth Management LLC now owns 3,002 shares of the asset manager’s stock worth $3,500,000 after buying an additional 92 shares in the last quarter. Institutional investors and hedge funds own 80.69% of the company’s stock.

Insider Buying and Selling at BlackRock

In other BlackRock news, COO Robert L. Goldstein sold 54,190 shares of BlackRock stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $1,087.29, for a total transaction of $58,920,245.10. Following the completion of the sale, the chief operating officer owned 51,478 shares of the company’s stock, valued at approximately $55,971,514.62. The trade was a 51.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Stephen Cohen sold 2,179 shares of the company’s stock in a transaction 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 sale, the director owned 6,543 shares of the company’s stock, valued at $7,026,331.41. The trade was a 24.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 111,319 shares of company stock valued at $123,999,249 in the last three months. Insiders own 1.98% of the company’s stock.

BlackRock News Summary

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock launched a new Ethereum ETF (iShares Staked Ethereum Trust, ETHB) that offers staking rewards, a product move likely to attract crypto‑interested AUM and fee revenue. BlackRock launches new ethereum ETF packed with staking rewards
• Positive Sentiment: Cryptos (Bitcoin and Ether) are rising and ETF inflows into crypto products are increasing — a tailwind for BlackRock’s digital assets business and its new crypto ETFs. Bitcoin touches a six-week high as investors pour into ETFs
• Positive Sentiment: Reporting shows BlackRock among the largest public holders of Bitcoin alongside Coinbase and others, reinforcing its role in crypto custody/ETF flows. That positioning supports revenue growth in digital asset products. Strategy Now Among Top 4 Bitcoin Holders, Alongside Satoshi, CoinBase and BlackRock
• Positive Sentiment: BlackRock increased its stake in Rentokil Initial above 12% (disclosed), showing active portfolio moves and signaling the firm’s large-scale equity allocations. Rentokil Initial Discloses Increase in BlackRock Stake Above 12%
• Neutral Sentiment: Headline coverage notes BLK outpaced the broader market today — a descriptive take that reflects the intraday move rather than new company fundamentals. Why BlackRock (BLK) Outpaced the Stock Market Today
• Neutral Sentiment: BlackRock warns in research that Treasuries and government bonds face further selling amid inflation pressures (AI chip demand, oil, military spending) — a market view that may influence client positioning but is not an immediate company credit issue. Treasuries and Other Government Bonds Will Keep Selling Off, BlackRock Says. These Risks Are Lurking.
• Negative Sentiment: Private‑credit stress: multiple reports flag investor redemptions and a potential exit wave from private credit funds (spillover from Blue Owl) — a clear risk for BlackRock’s private credit exposure and related fee/AUM stability. The private credit collapse spreads from Blue Owl to BlackRock Wall Street Lunch: Private Credit Funds Face $10B Investor Exit Wave

BlackRock Stock Performance

Shares of NYSE:BLK opened at $943.30 on Tuesday. The company has a current ratio of 2.98, a quick ratio of 2.98 and a debt-to-equity ratio of 0.37. BlackRock has a 1-year low of $773.74 and a 1-year high of $1,219.94. The stock has a market capitalization of $146.72 billion, a P/E ratio of 26.63, a P/E/G ratio of 1.18 and a beta of 1.48. The business has a 50-day moving average price of $1,072.23 and a two-hundred day moving average price of $1,090.91.

BlackRock (NYSE:BLK) last issued its earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $12.55 by $0.61. BlackRock had a net margin of 22.93% and a return on equity of 14.78%. The company had revenue of $7.01 billion for the quarter, compared to analyst estimates of $6.80 billion. During the same quarter last year, the firm earned $11.93 EPS. The company’s revenue for the quarter was up 23.4% on a year-over-year basis. Equities analysts predict that BlackRock will post 47.41 earnings per share for the current year.

BlackRock Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Friday, March 6th will be issued a $5.73 dividend. This is an increase from BlackRock’s previous quarterly dividend of $5.21. This represents a $22.92 annualized dividend and a yield of 2.4%. The ex-dividend date is Friday, March 6th. BlackRock’s dividend payout ratio (DPR) is currently 64.71%.

Analyst Upgrades and Downgrades

BLK has been the subject of several research reports. BNP Paribas Exane raised 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. JPMorgan Chase & Co. upped their target price 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. Freedom Capital raised shares of BlackRock from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 23rd. Morgan Stanley raised their price target on shares of BlackRock from $1,514.00 to $1,550.00 and gave the company an “overweight” rating in a report on Friday, January 16th. Finally, Bank of America boosted their price objective on shares of BlackRock from $1,456.00 to $1,464.00 in a research report on Wednesday, December 10th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, BlackRock has an average rating of “Moderate Buy” and a consensus target price of $1,308.89.

About BlackRock

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.