TD Private Client Wealth LLC Sells 540 Shares of BlackRock $BLK

TD Private Client Wealth LLC lessened its stake in BlackRock (NYSE:BLK) by 11.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,010 shares of the asset manager’s stock after selling 540 shares during the quarter. TD Private Client Wealth LLC’s holdings in BlackRock were worth $4,675,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank bought a new position in BlackRock during the 2nd quarter worth about $2,644,007,000. Laurel Wealth Advisors LLC boosted its position in shares of BlackRock by 105,267.4% during the second quarter. Laurel Wealth Advisors LLC now owns 1,705,899 shares of the asset manager’s stock worth $1,789,915,000 after buying an additional 1,704,280 shares during the period. Franklin Resources Inc. boosted its position in shares of BlackRock by 72.5% during the second quarter. Franklin Resources Inc. now owns 2,005,358 shares of the asset manager’s stock worth $2,104,122,000 after buying an additional 842,901 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in shares of BlackRock by 1,962.0% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 792,494 shares of the asset manager’s stock worth $831,524,000 after buying an additional 754,060 shares in the last quarter. Finally, McElhenny Sheffield Capital Management LLC acquired a new stake in BlackRock in the 2nd quarter valued at approximately $231,000. 80.69% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on BLK. Loop Capital set a $1,255.00 price target on shares of BlackRock in a research note on Tuesday, October 21st. JPMorgan Chase & Co. lifted their price target on shares of BlackRock from $1,093.00 to $1,242.00 and gave the company a “neutral” rating in a research note on Thursday, October 2nd. Citigroup increased their price objective on shares of BlackRock from $1,200.00 to $1,350.00 and gave the stock a “buy” rating in a research note on Monday, September 29th. Evercore ISI raised their price objective on BlackRock from $1,200.00 to $1,300.00 and gave the company an “outperform” rating in a report on Friday, November 7th. Finally, BMO Capital Markets lifted their target price on BlackRock from $1,280.00 to $1,300.00 and gave the company an “outperform” rating in a research report on Tuesday, October 21st. Sixteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,315.35.

BlackRock Stock Performance

Shares of NYSE BLK opened at $1,088.01 on Wednesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.33 and a quick ratio of 3.33. The firm has a market cap of $168.80 billion, a price-to-earnings ratio of 27.98, a P/E/G ratio of 1.57 and a beta of 1.47. The stock’s fifty day moving average price is $1,068.03 and its two-hundred day moving average price is $1,103.57. BlackRock has a one year low of $773.74 and a one year high of $1,219.94.

BlackRock (NYSE:BLK) last released its quarterly earnings results on Tuesday, October 14th. The asset manager reported $11.55 EPS for the quarter, missing the consensus estimate of $11.78 by ($0.23). The business had revenue of $6.51 billion during the quarter, compared to analyst estimates of $6.22 billion. BlackRock had a net margin of 26.64% and a return on equity of 14.80%. The company’s revenue was up 25.2% on a year-over-year basis. During the same quarter last year, the company posted $11.46 earnings per share. On average, equities analysts forecast that BlackRock will post 47.41 EPS for the current year.

BlackRock Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Friday, December 5th were issued a dividend of $5.21 per share. The ex-dividend date of this dividend was Friday, December 5th. This represents a $20.84 annualized dividend and a dividend yield of 1.9%. BlackRock’s dividend payout ratio (DPR) is currently 53.59%.

More BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Analysts and previews expect Q4 strength from AUM growth and inflows, which could support revenue and fee income for the quarter. BlackRock Gears Up For Q4 Print
• Positive Sentiment: BlackRock signals thematic repositioning for 2026 — emphasizing AI exposure via energy and infrastructure rather than concentrating in big tech — which could benefit performance if those sectors lead the cycle. Investors back energy providers over big tech for 2026 AI bets, says BlackRock
• Positive Sentiment: Larry Fink co‑chairs the World Economic Forum this week, raising BlackRock’s public profile among global policymakers and corporate leaders — a potential reputational plus. BlackRock’s Fink co-chairs Davos
• Neutral Sentiment: Regulatory stake disclosures in smaller European companies (Orion, Stora Enso) show routine portfolio adjustments and reporting — typical for a large passive/active manager; limited direct impact to BLK’s valuation. Orion Corporation disclosure
• Neutral Sentiment: Company statement clarifying it does not buy single‑family homes after a political proposal reduces regulatory uncertainty around its residential real‑estate activities. BlackRock Says It Does Not Buy Single-Family Homes
• Neutral Sentiment: Block trade activity: a reported $339M move in bitcoin tied to BlackRock flows drew trader attention — could affect sentiment for crypto‑exposed funds but is not necessarily a lasting company revenue signal. BlackRock Moves $339M in Bitcoin
• Negative Sentiment: BlackRock is cutting roughly 250 roles (about 1% of staff) as part of a reshaping/efficiency push — layoffs often signal cost discipline but can spook investors about near‑term execution or revenue mix changes. BlackRock to cut around 250 jobs
• Negative Sentiment: Market commentary (including TV and press) is focusing on bank earnings and other financials this week, which may divert investor attention from BlackRock’s upcoming quarter and temper short‑term stock momentum. Jim Cramer Says Bank Earnings Are Stealing the Spotlight

Insider Activity at BlackRock

In related news, CFO Martin Small sold 1,258 shares of the business’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $1,043.38, for a total value of $1,312,572.04. Following the completion of the transaction, the chief financial officer owned 6,209 shares of the company’s stock, valued at $6,478,346.42. The trade was a 16.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Rachel Lord sold 12,000 shares of BlackRock stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $1,165.04, for a total transaction of $13,980,480.00. Following the completion of the transaction, the director directly owned 7,205 shares in the company, valued at $8,394,113.20. This trade represents a 62.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.98% of the company’s stock.

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.