University of Texas Texas AM Investment Management Co. Lowers Stock Holdings in BlackRock $BLK

Posted by Stanley Muller on Jun 16th, 2026

University of Texas Texas AM Investment Management Co. reduced its position in BlackRock (NYSE:BLK – Free Report) by 36.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,161 shares of the asset manager’s stock after selling 2,405 shares during the quarter. BlackRock makes up approximately 0.6% of University of Texas Texas AM Investment Management Co.’s portfolio, making the stock its 23rd biggest position. University of Texas Texas AM Investment Management Co.’s holdings in BlackRock were worth $4,454,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Shum Financial Group Inc. boosted its stake in shares of BlackRock by 0.4% in the fourth quarter. Shum Financial Group Inc. now owns 2,183 shares of the asset manager’s stock valued at $2,336,000 after purchasing an additional 9 shares during the period. First Bancorp Inc ME increased its stake in BlackRock by 2.9% during the 4th quarter. First Bancorp Inc ME now owns 321 shares of the asset manager’s stock worth $344,000 after buying an additional 9 shares during the period. Rather & Kittrell Inc. lifted its holdings in BlackRock by 2.1% during the 4th quarter. Rather & Kittrell Inc. now owns 430 shares of the asset manager’s stock worth $461,000 after buying an additional 9 shares in the last quarter. Oakworth Capital Inc. lifted its holdings in BlackRock by 1.2% during the 4th quarter. Oakworth Capital Inc. now owns 755 shares of the asset manager’s stock worth $808,000 after buying an additional 9 shares in the last quarter. Finally, Tortoise Investment Management LLC boosted its position in BlackRock by 23.8% in the 3rd quarter. Tortoise Investment Management LLC now owns 52 shares of the asset manager’s stock valued at $61,000 after buying an additional 10 shares during the period. 80.69% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock News Summary

Here are the key news stories impacting BlackRock this week:

Positive Sentiment: BlackRock is set to pay its next quarterly dividend on June 23, reinforcing its shareholder-return profile and income appeal for investors. BlackRock to pay dividends next week; Here’s how much 100 BLKR shares will earn
Positive Sentiment: BlackRock executive Rick Rieder said the recent rally in U.S. equities could intensify as investors redeploy cash from money market funds, a bullish sign for asset-manager flows and market activity. BlackRock’s Rieder Sees ‘Explosive’ Rally as Cash Gets Unlocked
Positive Sentiment: BlackRock Canada announced product changes across several iShares ETFs, signaling ongoing portfolio management activity in its asset-management franchise. BlackRock® Canada Announces Product Changes and Risk Rating Update
Neutral Sentiment: Several pieces highlighted BlackRock’s ETF income products and its long-term AI investing framework, which are informative but not likely to move the stock materially on their own. 3 High-Yield BlackRock ETFs Paying 6%+ in Passive Income
Negative Sentiment: BlackRock reportedly cut about 200 jobs globally, suggesting continued cost-cutting and organizational pressure, though the scale is modest for a firm of its size. BlackRock Sheds Another 200 Jobs, Adopting Regular Cycle of Cuts
Negative Sentiment: Sen. Elizabeth Warren asked BlackRock and peers for details on data-center investments, adding potential regulatory and political scrutiny around its private-markets exposure. Elizabeth Warren Demands Answers From BlackRock, Blackstone, KKR Over Data Center Deals

Insider Transactions at BlackRock

In other news, CEO Laurence Fink sold 33,900 shares of the firm’s stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $1,050.55, for a total transaction of $35,613,645.00. Following the sale, the chief executive officer owned 230,516 shares of the company’s stock, valued at approximately $242,168,583.80. This trade represents a 12.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Robert Kapito sold 8,739 shares of the business’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $1,056.60, for a total value of $9,233,627.40. Following the sale, the president owned 210,186 shares of the company’s stock, valued at approximately $222,082,527.60. The trade was a 3.99% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 1.92% of the company’s stock.

BlackRock Price Performance

BlackRock stock opened at $1,042.08 on Tuesday. The company has a current ratio of 4.09, a quick ratio of 4.09 and a debt-to-equity ratio of 0.34. The company has a fifty day simple moving average of $1,041.35 and a 200-day simple moving average of $1,051.69. The stock has a market cap of $161.76 billion, a P/E ratio of 26.16, a price-to-earnings-growth ratio of 1.34 and a beta of 1.42. BlackRock has a 12-month low of $917.39 and a 12-month high of $1,219.94.

BlackRock (NYSE:BLK – Get Free Report) last posted its earnings results on Tuesday, April 14th. The asset manager reported $12.53 EPS for the quarter, beating the consensus estimate of $12.40 by $0.13. BlackRock had a return on equity of 14.74% and a net margin of 24.40%.The firm had revenue of $6.70 billion for the quarter, compared to analyst estimates of $6.56 billion. During the same quarter in the prior year, the company posted $9.64 earnings per share. BlackRock’s revenue for the quarter was up 27.0% compared to the same quarter last year. Equities analysts expect that BlackRock will post 52.8 EPS for the current fiscal year.

BlackRock Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Friday, June 5th will be given a dividend of $5.73 per share. This represents a $22.92 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, June 5th. BlackRock’s dividend payout ratio is currently 57.53%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on BLK shares. The Goldman Sachs Group upped their price objective on BlackRock from $1,181.00 to $1,313.00 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. Weiss Ratings upgraded BlackRock from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, May 13th. JPMorgan Chase & Co. cut their price target on BlackRock from $1,269.00 to $1,128.00 and set a “neutral” rating on the stock in a report on Monday, April 13th. Barclays upped their price target on BlackRock from $1,290.00 to $1,310.00 and gave the stock an “overweight” rating in a report on Wednesday, April 15th. Finally, TD Cowen decreased their price objective on BlackRock from $1,238.00 to $1,105.00 and set a “hold” rating for the company in a research note on Thursday, April 9th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, BlackRock currently has a consensus rating of “Moderate Buy” and an average target price of $1,264.61.

View Our Latest Stock Report on BLK

BlackRock Company Profile

(Free Report)

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.