Kathmere Capital Management LLC Acquires 684 Shares of BlackRock $BLK

Posted by Francis Steltz on Jul 6th, 2026

Kathmere Capital Management LLC lifted its holdings in shares of BlackRock (NYSE:BLK – Free Report) by 77.6% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,565 shares of the asset manager’s stock after buying an additional 684 shares during the period. Kathmere Capital Management LLC’s holdings in BlackRock were worth $1,505,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of BLK. Legal & General Group Plc increased its holdings in BlackRock by 0.8% in the fourth quarter. Legal & General Group Plc now owns 920,578 shares of the asset manager’s stock valued at $985,331,000 after purchasing an additional 7,457 shares during the period. Sarasin & Partners LLP lifted its holdings in BlackRock by 10.6% during the 4th quarter. Sarasin & Partners LLP now owns 251,856 shares of the asset manager’s stock worth $269,572,000 after buying an additional 24,196 shares during the period. Sienna Gestion grew its position in shares of BlackRock by 51.5% in the 3rd quarter. Sienna Gestion now owns 22,859 shares of the asset manager’s stock valued at $24,299,000 after buying an additional 7,773 shares during the last quarter. Hudson Bay Capital Management LP bought a new stake in shares of BlackRock in the 3rd quarter valued at about $3,791,000. Finally, TCV Trust & Wealth Management Inc. acquired a new stake in shares of BlackRock in the fourth quarter valued at about $20,279,000. 80.69% of the stock is currently owned by institutional investors.

Insider Buying and Selling at BlackRock

In related news, President Robert Kapito sold 8,739 shares of the business’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $1,056.60, for a total transaction of $9,233,627.40. Following the transaction, the president owned 210,186 shares in the company, valued at $222,082,527.60. The trade was a 3.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Laurence Fink sold 33,900 shares of the stock in a transaction on 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 transaction, the chief executive officer directly 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. The disclosure for this sale is available in the SEC filing. Insiders own 1.92% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on BLK shares. UBS Group lifted their price objective on BlackRock from $1,235.00 to $1,270.00 and gave the stock a “buy” rating in a research note on Wednesday, April 15th. TD Cowen decreased their target price on shares of BlackRock from $1,238.00 to $1,105.00 and set a “hold” rating for the company in a research report on Thursday, April 9th. JPMorgan Chase & Co. lowered 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 report on Monday, April 13th. Morgan Stanley boosted their price target on shares of BlackRock from $1,393.00 to $1,430.00 and gave the stock an “overweight” rating in a research report on Friday, June 26th. Finally, BNP Paribas Exane upped their price objective on shares of BlackRock from $1,300.00 to $1,350.00 and gave the company an “outperform” rating in a research note on Tuesday, June 23rd. One 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 stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,269.44.

View Our Latest Report on BLK

Trending Headlines about BlackRock

Here are the key news stories impacting BlackRock this week:

Positive Sentiment: BlackRock’s ETFs were included in the Treasury’s approved lineup for Trump Accounts, potentially expanding assets and visibility for the firm’s flagship products. Reference
Positive Sentiment: Articles highlighted continued analyst optimism around BlackRock’s earnings setup, with expectations that the company could beat estimates again when it reports next quarter. Article: Will BlackRock (BLK) Beat Estimates Again in Its Next Earnings Report?
Positive Sentiment: Tokenized versions of BlackRock’s IVV ETF were launched by Ondo Finance under SEC guidance, reinforcing BlackRock’s relevance in the growing onchain asset market. Article: BlackRock (BLK) Stock Fair Value Edges Higher As Analysts Debate Earnings And Flows
Neutral Sentiment: BlackRock also disclosed a small reduction in its voting stake in Umicore, but the filing appears routine and unlikely to materially affect BLK shares. Article: Umicore – Transparency notification by BlackRock, Inc.
Neutral Sentiment: Crypto headlines were mixed, with Bitcoin ETF outflows and broader crypto weakness offset by growing demand for BlackRock’s tokenized BUIDL product. Article: Yield-bearing stablecoin slowdown ends three-year run for crypto-native products

BlackRock Stock Down 0.1%

Shares of BlackRock stock opened at $994.50 on Monday. The stock’s 50-day moving average is $1,038.02 and its 200 day moving average is $1,045.71. BlackRock has a one year low of $917.39 and a one year high of $1,219.94. The firm has a market cap of $154.38 billion, a price-to-earnings ratio of 24.96, a PEG ratio of 1.28 and a beta of 1.43. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.09 and a quick ratio of 4.09.

BlackRock (NYSE:BLK – Get Free Report) last issued its earnings results on Tuesday, April 14th. The asset manager reported $12.53 earnings per share 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 business had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $6.56 billion. During the same period in the previous year, the company posted $9.64 earnings per share. The firm’s revenue for the quarter was up 27.0% on a year-over-year basis. Equities research analysts anticipate that BlackRock will post 53.34 EPS for the current year.

BlackRock Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Friday, June 5th were paid a $5.73 dividend. The ex-dividend date was Friday, June 5th. This represents a $22.92 annualized dividend and a dividend yield of 2.3%. BlackRock’s payout ratio is currently 57.53%.

BlackRock 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.