Galaxy Digital Capital Management GP LLC Increases Holdings in BlackRock $BLK

Posted by Francis Steltz on Jul 25th, 2026

Galaxy Digital Capital Management GP LLC lifted its position in BlackRock (NYSE:BLK – Free Report) by 39.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 1,840 shares of the asset manager’s stock after purchasing an additional 522 shares during the quarter. BlackRock accounts for approximately 1.9% of Galaxy Digital Capital Management GP LLC’s holdings, making the stock its 10th biggest holding. Galaxy Digital Capital Management GP LLC’s holdings in BlackRock were worth $1,770,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. RMG Wealth Management LLC acquired a new stake in shares of BlackRock during the first quarter worth approximately $25,000. Evolution Wealth Management Inc. acquired a new position in shares of BlackRock in the 4th quarter worth 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 BlackRock during the 4th quarter worth approximately $32,000. Finally, Basepoint Wealth LLC acquired a new stake in shares of BlackRock in the fourth quarter valued at $32,000. 80.69% of the stock is owned by institutional investors.

BlackRock Price Performance

Shares of BLK stock opened at $1,054.61 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. BlackRock has a 12-month low of $917.39 and a 12-month high of $1,219.94. The firm has a fifty day moving average of $1,029.48 and a 200-day moving average of $1,042.05. The firm has a market capitalization of $163.45 billion, a price-to-earnings ratio of 25.21, a price-to-earnings-growth ratio of 1.17 and a beta of 1.43.

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

BlackRock Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be paid a dividend of $5.73 per share. This represents a $22.92 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, September 8th. BlackRock’s dividend payout ratio is presently 54.78%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. TD Cowen reduced their price target on shares of BlackRock from $1,238.00 to $1,105.00 and set a “hold” rating on the stock in a research report on Thursday, April 9th. Barclays upped their price objective on BlackRock from $1,340.00 to $1,450.00 and gave the stock an “overweight” rating in a report on Wednesday, July 15th. Jefferies Financial Group decreased their price objective on BlackRock from $1,351.00 to $1,199.00 and set a “buy” rating on the stock in a research report on Wednesday, April 8th. Bank of America boosted their price objective on BlackRock from $1,298.00 to $1,320.00 and gave the stock a “buy” rating in a report on Thursday, July 16th. Finally, UBS Group upped their target price on shares of BlackRock from $1,270.00 to $1,320.00 and gave the company a “buy” rating in a research report on Thursday, July 16th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, BlackRock currently has an average rating of “Buy” and an average price target of $1,304.29.

Check Out Our Latest Report on BLK

Key BlackRock News

Here are the key news stories impacting BlackRock this week:

Positive Sentiment: BlackRock announced a quarterly dividend of $5.73 per share, reinforcing confidence in the firm’s cash generation and shareholder returns. BlackRock Declares Quarterly Dividend of $5.73 on Common Stock
Positive Sentiment: Investor interest in BlackRock’s ETF franchise remains strong, with reports highlighting continued momentum in iShares and the recovery in Bitcoin ETF inflows led by IBIT. BlackRock (BLK) Could Be 21% Below Fair Value As Dividend Signals Confidence BlackRock’s IBIT Leads Nearly $1B Bitcoin ETF Recovery as Inflows Hit 7 Straight Days
Positive Sentiment: BlackRock is also being tied to large-scale growth opportunities, including a reported $12.3 billion bond financing for Meta’s Texas AI data facility, underscoring its reach in capital markets and infrastructure finance. BlackRock (BLK) Markets $12.3B in Bonds for Meta’s Texas AI Data Facility
Neutral Sentiment: BlackRock disclosed a larger stake in Qiagen, raising its voting power to 13%; this is notable for BlackRock’s portfolio activity, but it is not a direct catalyst for BLK earnings. BlackRock builds 11.6% stake in Qiagen, lifting voting power to 13%
Neutral Sentiment: BlackRock joined other firms in a $15 million Bitcoin security consortium focused on quantum-resistant protections, a long-term strategic initiative with limited immediate financial impact. BlackRock, Coinbase and Strategy Pledge $15M to Quantum-Proof Bitcoin
Negative Sentiment: Some coverage noted bond investors demanding higher yields on the Meta-linked financing deal, which may reflect increased caution around AI infrastructure risk and could slightly pressure sentiment around BlackRock’s role in the transaction. Bond investors demand higher yields on BlackRock AI-linked financing deal

Insider Buying and Selling

In other BlackRock news, President Robert Kapito sold 8,739 shares of BlackRock stock in a transaction that occurred on 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 transaction, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Laurence Fink sold 33,900 shares of the company’s stock in a transaction that occurred on 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 transaction, the chief executive officer owned 230,516 shares of the company’s stock, valued at $242,168,583.80. This trade represents a 12.82% decrease in their position. The SEC filing for this sale provides additional information. 1.92% of the stock is currently 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.