Rafferty Asset Management LLC Has $55.88 Million Stake in BlackRock $BLK

Rafferty Asset Management LLC lowered its holdings in BlackRock (NYSE:BLK) by 1.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 47,930 shares of the asset manager’s stock after selling 489 shares during the quarter. Rafferty Asset Management LLC’s holdings in BlackRock were worth $55,880,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Pacifica Partners Inc. grew its holdings in BlackRock by 450.0% during the 3rd quarter. Pacifica Partners Inc. now owns 22 shares of the asset manager’s stock worth $25,000 after acquiring an additional 18 shares during the last quarter. TruNorth Capital Management LLC lifted its position in shares of BlackRock by 1,000.0% during the third quarter. TruNorth Capital Management LLC now owns 22 shares of the asset manager’s stock worth $26,000 after purchasing an additional 20 shares in the last quarter. Traub Capital Management LLC acquired a new position in shares of BlackRock during the second quarter worth approximately $28,000. Creekmur Asset Management LLC grew its stake in shares of BlackRock by 87.5% during the second quarter. Creekmur Asset Management LLC now owns 30 shares of the asset manager’s stock valued at $32,000 after purchasing an additional 14 shares during the last quarter. Finally, Howard Hughes Medical Institute acquired a new stake in shares of BlackRock in the second quarter valued at approximately $33,000. 80.69% of the stock is owned by institutional investors.

BlackRock Price Performance

Shares of BLK opened at $1,062.70 on Friday. The stock has a market cap of $164.88 billion, a P/E ratio of 30.00, a price-to-earnings-growth ratio of 1.37 and a beta of 1.47. BlackRock has a 1 year low of $773.74 and a 1 year high of $1,219.94. The stock’s 50-day moving average price is $1,094.88 and its two-hundred day moving average price is $1,103.55. The company has a current ratio of 3.33, a quick ratio of 3.33 and a debt-to-equity ratio of 0.34.

BlackRock (NYSE:BLK) last announced its quarterly earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share for the quarter, beating analysts’ consensus estimates of $12.55 by $0.61. The business had revenue of $7.01 billion for the quarter, compared to the consensus estimate of $6.80 billion. BlackRock had a net margin of 22.93% and a return on equity of 15.14%. BlackRock’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same period last year, the company posted $11.93 EPS. On average, equities analysts predict that BlackRock will post 47.41 earnings per share for the current year.

BlackRock Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Friday, March 6th will be issued a $5.73 dividend. This is a positive change from BlackRock’s previous quarterly dividend of $5.21. The ex-dividend date of this dividend is Friday, March 6th. This represents a $22.92 annualized dividend and a dividend yield of 2.2%. BlackRock’s dividend payout ratio (DPR) is presently 58.84%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on BLK shares. CICC Research increased their price objective on BlackRock from $1,000.00 to $1,250.00 in a research report on Tuesday, February 3rd. Wall Street Zen upgraded BlackRock from a “sell” rating to a “hold” rating in a research report on Saturday, January 17th. Evercore cut their target price on shares of BlackRock from $1,300.00 to $1,275.00 and set an “outperform” rating on the stock in a research report on Monday, January 12th. Bank of America raised their target price on shares of BlackRock from $1,456.00 to $1,464.00 in a research note on Wednesday, December 10th. Finally, BMO Capital Markets dropped their price target on shares of BlackRock from $1,300.00 to $1,250.00 and set an “outperform” rating for the company in a research note on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, BlackRock currently has an average rating of “Moderate Buy” and an average price target of $1,311.11.

More BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock appointed Citi to provide select middle‑office services for roughly $4.0 trillion of U.S. iShares ETFs on the Aladdin platform — a scale partnership that should improve ETF processing and distribution efficiency and could help support ETF flows and fee revenue. BlackRock Appoints Citi to Provide Select ETF Middle Office Services on Aladdin
• Positive Sentiment: Spot crypto ETFs have shown renewed demand (multiple days of notable inflows, with BlackRock’s IBIT among leaders) — positive for BlackRock’s crypto product franchise and potential fee/revenue upside if flows persist. Spot Bitcoin ETFs take in $1B in three days as investors buy the dip
• Positive Sentiment: BlackRock‑owned Global Infrastructure Partners (GIP), working with EQT, is reported to be near a deal to acquire AES Corp — a sign that BlackRock’s alternatives platform is active in large, fee‑generating transactions. BlackRock’s GIP, EQT near deal to acquire AES Corp, Bloomberg News reports
• Neutral Sentiment: Regulatory filings show BlackRock has built an ~11% stake (about 12% voting power) in Qiagen — a portfolio move that is important for holdings disclosure but not necessarily material to BLK’s core earnings. BlackRock Builds 11% Stake and 12% Voting Power in Qiagen
• Neutral Sentiment: 13F/ownership notes (e.g., stake disclosure in IonQ) and smaller fund/structure moves keep BlackRock active across boutiques and ETFs but are largely informational for the firm’s diversified business. BlackRock Owns 24.3 Million Shares of IonQ. Here’s What That Really Tells You About Quantum Computing Stocks.
• Negative Sentiment: Quarterly results show revenue growth but reports indicate operating profit, net income and EPS fell YoY — margin pressure and weaker profit metrics are weighing on near‑term earnings visibility. BlackRock Inc. Releases Q4 2025 Earnings
• Negative Sentiment: Reporting that BlackRock was duped into a $430M loan tied to fake invoices raises operational/reputational questions around credit controls — a headline that can amplify investor caution. BlackRock duped into loaning $430M to telecom entrepreneur who allegedly faked invoices
• Negative Sentiment: Ongoing insider selling by senior directors (recent Form 4 filings) is being watched by investors and can contribute to near‑term negative sentiment even if sales are for liquidity or option exercises. SEC Form 4 (insider sales)

Insider Activity

In other BlackRock news, CFO Martin Small sold 27,047 shares of the stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $1,171.14, for a total value of $31,675,823.58. Following the completion of the sale, the chief financial officer directly owned 10,557 shares in the company, valued at $12,363,724.98. This represents a 71.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Stephen Cohen sold 225 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $1,069.56, for a total value of $240,651.00. Following the sale, the director directly owned 5,661 shares in the company, valued at approximately $6,054,779.16. This represents a 3.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 112,577 shares of company stock worth $125,311,821 in the last 90 days. Corporate insiders own 1.98% of the company’s stock.

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.