KBC Group NV Has $12.80 Million Holdings in BlackRock $BLK

Posted by George Bondi on Jul 22nd, 2026

KBC Group NV grew its position in shares of BlackRock (NYSE:BLK – Free Report) by 4.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,313 shares of the asset manager’s stock after acquiring an additional 563 shares during the quarter. KBC Group NV’s holdings in BlackRock were worth $12,803,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Corient Private Wealth LLC increased its stake in BlackRock by 5,190.3% during the 4th quarter. Corient Private Wealth LLC now owns 5,490,422 shares of the asset manager’s stock valued at $5,876,618,000 after purchasing an additional 5,386,640 shares in the last quarter. Norges Bank bought a new position in shares of BlackRock in the fourth quarter valued at $2,742,680,000. Oak Harvest Investment Services grew its holdings in shares of BlackRock by 12,176.1% during the fourth quarter. Oak Harvest Investment Services now owns 1,595,153 shares of the asset manager’s stock valued at $1,707,356,000 after buying an additional 1,582,159 shares during the last quarter. Auto Owners Insurance Co increased its position in shares of BlackRock by 106,934.0% during the fourth quarter. Auto Owners Insurance Co now owns 1,284,408 shares of the asset manager’s stock worth $128,441,000 after acquiring an additional 1,283,208 shares in the last quarter. Finally, Wellington Management Group LLP raised its holdings in shares of BlackRock by 200.5% in the 4th quarter. Wellington Management Group LLP now owns 1,451,122 shares of the asset manager’s stock worth $1,553,194,000 after acquiring an additional 968,245 shares during the last quarter. 80.69% of the stock is owned by institutional investors and hedge funds.

BlackRock Trading Down 1.6%

Shares of BLK stock opened at $1,037.31 on Wednesday. BlackRock has a 52-week low of $917.39 and a 52-week high of $1,219.94. The company has a debt-to-equity ratio of 0.34, a quick ratio of 4.09 and a current ratio of 4.09. The company has a 50-day simple moving average of $1,032.09 and a two-hundred day simple moving average of $1,042.37. The company has a market capitalization of $160.77 billion, a price-to-earnings ratio of 24.79, a PEG ratio of 1.19 and a beta of 1.43.

BlackRock (NYSE:BLK – Get Free Report) last posted its earnings results on Wednesday, July 15th. The asset manager reported $13.91 EPS for the quarter, topping the consensus estimate of $12.69 by $1.22. BlackRock had a net margin of 24.09% and a return on equity of 15.01%. The firm had revenue of $7.08 billion for the quarter, compared to analysts’ expectations of $6.73 billion. During the same quarter last year, the firm earned $12.05 EPS. The company’s quarterly revenue was up 30.6% compared to the same quarter last year. Research analysts anticipate that BlackRock will post 55.63 EPS for the current fiscal year.

BlackRock Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Friday, June 5th were paid a $5.73 dividend. This represents a $22.92 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Friday, June 5th. BlackRock’s dividend payout ratio is 54.78%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. JPMorgan Chase & Co. raised shares of BlackRock from a “neutral” rating to an “overweight” rating and raised their price target for the company from $1,165.00 to $1,364.00 in a research report on Thursday, July 16th. BMO Capital Markets increased their price objective on BlackRock from $1,250.00 to $1,300.00 and gave the stock an “outperform” rating in a research note on Friday, July 17th. Jefferies Financial Group dropped their target price on BlackRock from $1,351.00 to $1,199.00 and set a “buy” rating on the stock in a report on Wednesday, April 8th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $1,389.00 target price on shares of BlackRock in a research report on Thursday, July 16th. Finally, Weiss Ratings upgraded BlackRock from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,304.29.

View Our Latest Stock Report on BlackRock

More BlackRock News

Here are the key news stories impacting BlackRock this week:

Positive Sentiment: BlackRock-led infrastructure vehicles completed the acquisition of Aligned Data Centers and are committing an additional $5 billion in growth capital, reinforcing BLK’s exposure to the AI buildout and alternative-asset fee opportunities. AIP, MGX and BlackRock’s GIP Close Acquisition of Aligned Data Centers
Positive Sentiment: BlackRock Canada announced monthly July cash distributions across a wide slate of iShares ETFs, underscoring the strength and recurring income appeal of its ETF franchise. BlackRock Canada Announces July Cash Distributions for the iShares ETFs
Positive Sentiment: Investor interest in BlackRock’s Ethereum products remains strong, with reports of fresh inflows into ETHA and a new, similar ether fund that adds another monetizable product in digital assets. Forget ETHA. iShares’ Other Ether Fund Is Nearly Identical, Except It Pays You
Neutral Sentiment: CEO Larry Fink’s comments that AI growth is constrained by electricity, plus New York’s data-center moratorium, keep attention on power bottlenecks for the AI infrastructure theme BlackRock is investing behind. Larry Fink Says AI Needs More Electricity. Google Is Trying To Need Less Of It.
Neutral Sentiment: BlackRock’s ETF and asset-management announcements, including distribution updates and product coverage, are broadly supportive but not likely to move the stock on their own. BlackRock® Canada Announces July Cash Distributions for the iShares® ETFs
Negative Sentiment: Some recent headlines note BlackRock reducing a few holdings and broader financial-sector weakness, which may add mild pressure, but these appear less important than the positive infrastructure and ETF news. Major Shareholder Announcement

Insiders Place Their Bets

In other 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 transaction of $9,233,627.40. Following the completion of the sale, the president directly owned 210,186 shares of the company’s stock, 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 the SEC website. Also, CEO Laurence Fink sold 33,900 shares of the business’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 completion of the transaction, the chief executive officer directly 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. The SEC filing for this sale provides additional information. 1.92% of the stock is owned by corporate insiders.

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.