Equitable Holdings Inc. Purchases New Position in BlackRock $BLK

Posted by Francis Steltz on Aug 28th, 2026

Equitable Holdings Inc. acquired a new position in BlackRock (NYSE:BLK – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 8,193 shares of the asset manager’s stock, valued at approximately $7,878,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Evolution Wealth Management Inc. bought a new position in shares of BlackRock in the fourth quarter worth $26,000. RMG Wealth Management LLC purchased a new position in shares of BlackRock in the first quarter valued at $25,000. Addison Advisors LLC bought a new stake in shares of BlackRock during the 2nd quarter valued at $25,000. Kelly Lawrence W & Associates Inc. CA purchased a new stake in BlackRock during the 2nd quarter worth about $25,000. Finally, Birchbrook Inc. bought a new position in BlackRock in the 4th quarter worth about $31,000. Institutional investors own 80.69% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on BLK shares. Keefe, Bruyette & Woods lowered BlackRock from a “moderate buy” rating to a “hold” rating in a report on Friday, August 7th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $1,258.00 price objective on shares of BlackRock in a research report on Thursday, July 16th. Weiss Ratings lowered shares of BlackRock from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. JPMorgan Chase & Co. upgraded shares of BlackRock from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $1,165.00 to $1,364.00 in a research note on Thursday, July 16th. Finally, Morgan Stanley boosted their target price on BlackRock from $1,383.00 to $1,488.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $1,311.06.

Check Out Our Latest Research Report on BLK

BlackRock Price Performance

Shares of BlackRock stock opened at $1,167.69 on Friday. The business has a 50 day moving average of $1,077.50 and a 200 day moving average of $1,046.77. BlackRock has a 52 week low of $917.39 and a 52 week high of $1,219.94. The company has a quick ratio of 3.59, a current ratio of 3.59 and a debt-to-equity ratio of 0.33. The company has a market cap of $180.84 billion, a PE ratio of 27.91, a P/E/G ratio of 1.29 and a beta of 1.42.

BlackRock (NYSE:BLK – Get Free Report) last issued its quarterly earnings results on Wednesday, July 15th. The asset manager reported $13.91 earnings per share for the quarter, topping the consensus estimate of $12.69 by $1.22. BlackRock had a return on equity of 14.90% and a net margin of 24.09%.The company had revenue of $7.08 billion for the quarter, compared to analysts’ expectations of $6.73 billion. During the same period in the prior year, the firm earned $12.05 earnings per share. The firm’s revenue for the quarter was up 30.6% on a year-over-year basis. As a group, equities research analysts forecast that BlackRock will post 55.86 earnings per share for the current year.

BlackRock Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be issued a $5.73 dividend. This represents a $22.92 annualized dividend and a yield of 2.0%. The ex-dividend date is Tuesday, September 8th. BlackRock’s dividend payout ratio (DPR) is presently 54.78%.

Key BlackRock News

Here are the key news stories impacting BlackRock this week:

Positive Sentiment: BlackRock’s newer income-focused ETF is reportedly up 19% this year, compared with 10% for JPMorgan’s JEPQ, while charging the same fee. Strong relative performance could support additional iShares inflows and fee revenue. BlackRock ETF outperformance article
Positive Sentiment: BlackRock continues to highlight Bitcoin’s role as “digital gold” and a hedge against rising U.S. debt and deficits. Management also sees continued strength in Bitcoin, supporting the long-term case for cryptocurrency-related assets under management. BlackRock Bitcoin hedge case article
Positive Sentiment: Adroit Trading Technologies is integrating its cross-asset execution tools with BlackRock’s Aladdin platform. The partnership may improve Aladdin’s functionality, client retention and potential technology-related revenue. Aladdin integration article
Positive Sentiment: BlackRock’s crypto portfolio reportedly gained more than $15 billion during August as Bitcoin and Ethereum rallied. The firm is also participating in an Nvidia-led effort tied to AI infrastructure, broadening potential future growth avenues beyond traditional asset management. BlackRock crypto and AI strategy article

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.