Evansbrook LLC Takes Position in BlackRock $BLK

Posted by Geri Gentry on Jun 19th, 2026

Evansbrook LLC purchased a new position in BlackRock (NYSE:BLK – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 924 shares of the asset manager’s stock, valued at approximately $989,000.

Other institutional investors also recently bought and sold shares of the company. Axxcess Wealth Management LLC grew its position in BlackRock by 15.5% during the 4th quarter. Axxcess Wealth Management LLC now owns 4,017 shares of the asset manager’s stock valued at $4,300,000 after purchasing an additional 539 shares during the last quarter. Corient Private Wealth LLC raised its holdings in BlackRock by 5,190.3% in the fourth quarter. Corient Private Wealth LLC now owns 5,490,422 shares of the asset manager’s stock worth $5,876,618,000 after buying an additional 5,386,640 shares during the last quarter. Alberta Investment Management Corp raised its holdings in BlackRock by 317.9% in the fourth quarter. Alberta Investment Management Corp now owns 16,300 shares of the asset manager’s stock worth $17,447,000 after buying an additional 12,400 shares during the last quarter. First Commonwealth Financial Corp PA lifted its stake in shares of BlackRock by 4.5% in the fourth quarter. First Commonwealth Financial Corp PA now owns 1,224 shares of the asset manager’s stock worth $1,311,000 after buying an additional 53 shares in the last quarter. Finally, Blue Sparrow LLC DE purchased a new stake in shares of BlackRock during the fourth quarter valued at approximately $12,761,000. 80.69% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

Positive Sentiment: BlackRock expanded its digital-assets lineup by launching a new iShares Bitcoin Premium Income ETF, a covered-call Bitcoin income product that could attract yield-seeking investors and broaden fee-generating AUM. BlackRock (BLK) Launches Bitcoin Income ETF To Expand Its Digital Assets Suite
Positive Sentiment: BlackRock also filed for an additional covered-call Bitcoin ETF aimed at income investors, reinforcing its push to deepen its crypto product offering and potentially capture more demand in a fast-growing niche. BlackRock Files For Covered-Call Bitcoin ETF Aimed At Income Seekers
Positive Sentiment: BlackRock Canada announced June cash distributions for iShares ETFs, underscoring stable ETF operations and recurring income generation across its franchise. BlackRock Canada Announces June Cash Distributions for the iShares ETFs
Neutral Sentiment: BlackRock was mentioned in market commentary after the Federal Reserve held rates steady and signaled a potentially higher-for-longer policy path, which can affect asset flows and fixed-income performance but is not directly company-specific. Federal Reserve Holds Rates Steady as Officials Signal Potential Hikes Under New Chair Kevin Warsh
Neutral Sentiment: Analyst-style and comparison articles highlighted BlackRock’s scale, Aladdin platform, and leadership in asset management, but these were more commentary than fresh catalysts. BlackRock vs. Blackstone: Which Financial Stock Is a Better Buy in 2026?
Negative Sentiment: Broader crypto and risk-asset weakness following the Fed decision may be weighing on sentiment, which can offset some of the enthusiasm around BlackRock’s new Bitcoin-linked products.

BlackRock Price Performance

Shares of NYSE:BLK opened at $1,051.51 on Friday. The company has a quick ratio of 4.09, a current ratio of 4.09 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $163.23 billion, a PE ratio of 26.39, a price-to-earnings-growth ratio of 1.38 and a beta of 1.42. The firm’s 50 day moving average price is $1,046.92 and its 200-day moving average price is $1,051.90. BlackRock has a twelve month low of $917.39 and a twelve month high of $1,219.94.

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

BlackRock Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Friday, June 5th will be paid 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 is Friday, June 5th. BlackRock’s dividend payout ratio (DPR) is currently 57.53%.

Insider Buying and Selling at BlackRock

In related news, President Robert Kapito sold 8,739 shares of the firm’s stock in a transaction 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 transaction, the president directly owned 210,186 shares of the company’s stock, valued at approximately $222,082,527.60. This trade represents a 3.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Laurence Fink sold 33,900 shares of BlackRock stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $1,050.55, for a total value of $35,613,645.00. Following the transaction, the chief executive officer owned 230,516 shares in the company, valued at $242,168,583.80. This trade represents a 12.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.92% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on BLK. JPMorgan Chase & Co. reduced their price target on shares of BlackRock from $1,269.00 to $1,128.00 and set a “neutral” rating for the company in a research report on Monday, April 13th. UBS Group upped their price objective on BlackRock from $1,235.00 to $1,270.00 and gave the company a “buy” rating in a research report on Wednesday, April 15th. Morgan Stanley increased their target price on BlackRock from $1,368.00 to $1,393.00 and gave the company an “overweight” rating in a research note on Wednesday, April 15th. Barclays lifted their target price 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, The Goldman Sachs Group upped their price target on BlackRock from $1,181.00 to $1,313.00 and gave the company a “buy” rating in a report on Wednesday, April 15th. 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. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,264.61.

Check Out Our Latest Stock Report on BLK

About BlackRock

(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.