NBH Bank Invests $2.23 Million in BlackRock $BLK

Posted by Stanley Muller on Sep 5th, 2026

NBH Bank acquired a new position in shares of BlackRock (NYSE:BLK – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 2,323 shares of the asset manager’s stock, valued at approximately $2,234,000. BlackRock comprises about 0.9% of NBH Bank’s investment portfolio, making the stock its 24th largest holding.

Several other hedge funds have also recently added to or reduced their stakes in BLK. Gibson Capital LLC increased its position in BlackRock by 3.4% in the 4th quarter. Gibson Capital LLC now owns 308 shares of the asset manager’s stock worth $330,000 after buying an additional 10 shares during the period. Cornerstone Wealth Management LLC lifted its holdings in shares of BlackRock by 4.5% during the fourth quarter. Cornerstone Wealth Management LLC now owns 230 shares of the asset manager’s stock worth $246,000 after buying an additional 10 shares during the last quarter. Great Diamond Partners LLC boosted its position in shares of BlackRock by 0.4% in the fourth quarter. Great Diamond Partners LLC now owns 2,791 shares of the asset manager’s stock valued at $2,987,000 after acquiring an additional 10 shares during the period. Thoroughbred Financial Services LLC grew its stake in shares of BlackRock by 1.7% in the fourth quarter. Thoroughbred Financial Services LLC now owns 593 shares of the asset manager’s stock worth $635,000 after acquiring an additional 10 shares during the last quarter. Finally, Breakwater Capital Group grew its stake in shares of BlackRock by 3.8% in the first quarter. Breakwater Capital Group now owns 271 shares of the asset manager’s stock worth $261,000 after acquiring an additional 10 shares during the last quarter. Institutional investors own 80.69% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on BLK. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $1,258.00 target price on shares of BlackRock in a research note on Thursday, July 16th. Weiss Ratings downgraded shares of BlackRock from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. JPMorgan Chase & Co. raised shares of BlackRock from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $1,165.00 to $1,364.00 in a research report on Thursday, July 16th. Bank of America increased their target price on shares of BlackRock from $1,298.00 to $1,320.00 and gave the company a “buy” rating in a research note on Thursday, July 16th. Finally, Keefe, Bruyette & Woods downgraded BlackRock from a “moderate buy” rating to a “hold” rating in a research report on Friday, August 7th. 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 company’s stock. According to MarketBeat.com, BlackRock currently has an average rating of “Moderate Buy” and an average price target of $1,311.06.

Check Out Our Latest Stock Analysis on BLK

Key BlackRock News

Here are the key news stories impacting BlackRock this week:

Positive Sentiment: BlackRock’s iShares Bitcoin Trust (IBIT) attracted approximately $454 million in a single day, accounting for most of the $731 million flowing into U.S. spot Bitcoin ETFs. Continued institutional demand could increase BlackRock’s digital-asset assets under management and fee revenue. Bitcoin Spot ETFs See Huge Inflows as BlackRock Takes Lead
Positive Sentiment: An updated valuation model raised BlackRock’s estimated fair value to $1,320.81 per share from $1,314.44, reinforcing the view that the company’s earnings beat, inflows and margins support additional upside. BlackRock Stock Gets Fair Value Bump
Positive Sentiment: BlackRock is seeking to allocate roughly 5% to 20% of target-date funds to private assets, potentially opening a large distribution channel for private equity and private credit products. BlackRock Wants Private Assets in Target-Date Funds
Positive Sentiment: BlackRock’s support for corporate reincorporation in Texas and its broader tokenization expansion through Securitize could strengthen its positioning in business-friendly and digital-finance markets. BlackRock Casts a Vote of Confidence in Texas

BlackRock Trading Down 0.4%

Shares of BLK stock opened at $1,121.85 on Friday. The firm has a fifty day moving average of $1,092.75 and a 200-day moving average of $1,049.39. The stock has a market cap of $173.74 billion, a price-to-earnings ratio of 26.81, a P/E/G ratio of 1.24 and a beta of 1.41. 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 0.33, a quick ratio of 3.59 and a current ratio of 3.59.

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

BlackRock Dividend Announcement

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

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.