SG Trading Solutions LLC purchased a new position in shares of BlackRock (NYSE:BLK – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 893 shares of the asset manager’s stock, valued at approximately $956,000.
A number of other hedge funds have also bought and sold shares of BLK. Evolution Wealth Management Inc. acquired a new stake in BlackRock during the fourth quarter valued at approximately $26,000. Birchbrook Inc. acquired a new position in shares of BlackRock in the 4th quarter worth approximately $31,000. LFA Lugano Financial Advisors SA bought a new stake in shares of BlackRock in the 4th quarter valued at approximately $32,000. Basepoint Wealth LLC bought a new stake in shares of BlackRock in the 4th quarter valued at approximately $32,000. Finally, Swiss RE Ltd. acquired a new stake in shares of BlackRock during the 4th quarter valued at approximately $33,000. 80.69% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at BlackRock
In related news, President Robert Kapito sold 8,739 shares of BlackRock stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $1,056.60, for a total value of $9,233,627.40. Following the sale, the president directly owned 210,186 shares in the company, valued at $222,082,527.60. This trade represents a 3.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Laurence Fink sold 33,900 shares of BlackRock stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $1,050.55, for a total transaction of $35,613,645.00. Following the completion of the sale, the chief executive officer owned 230,516 shares in the company, valued at approximately $242,168,583.80. This represents a 12.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.92% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
Read Our Latest Stock Analysis on BLK
More BlackRock News
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 Trading Down 0.6%
Shares of NYSE BLK opened at $1,051.51 on Friday. BlackRock has a 12-month low of $917.39 and a 12-month high of $1,219.94. The company has a market cap of $163.23 billion, a price-to-earnings ratio of 26.39, a price-to-earnings-growth ratio of 1.38 and a beta of 1.42. 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 stock’s 50 day simple moving average is $1,046.92 and its 200 day simple moving average is $1,051.90.
BlackRock (NYSE:BLK – Get Free Report) last issued its quarterly earnings data on Tuesday, April 14th. The asset manager reported $12.53 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $6.56 billion. During the same period in the prior year, the business earned $9.64 EPS. The firm’s revenue was up 27.0% on a year-over-year basis. Equities research analysts expect that BlackRock will post 52.8 EPS for the current year.
BlackRock Dividend Announcement
The company also recently declared 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. The ex-dividend date is Friday, June 5th. This represents a $22.92 annualized dividend and a dividend yield of 2.2%. BlackRock’s dividend payout ratio is currently 57.53%.
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.
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