Sequoia Financial Advisors LLC Purchases 2,398 Shares of BlackRock $BLK

Posted by George Bondi on Sep 10th, 2026

Sequoia Financial Advisors LLC boosted its position in BlackRock (NYSE:BLK – Free Report) by 5.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 49,801 shares of the asset manager’s stock after purchasing an additional 2,398 shares during the period. Sequoia Financial Advisors LLC’s holdings in BlackRock were worth $47,887,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of BLK. National Pension Service grew its stake in BlackRock by 2.1% during the second quarter. National Pension Service now owns 327,771 shares of the asset manager’s stock worth $315,171,000 after purchasing an additional 6,675 shares during the period. Engineers Gate Manager LP lifted its stake in BlackRock by 34.6% in the second quarter. Engineers Gate Manager LP now owns 8,415 shares of the asset manager’s stock valued at $8,092,000 after buying an additional 2,165 shares during the period. Pinnacle Wealth Management Advisory Group LLC lifted its stake in BlackRock by 1.7% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 7,193 shares of the asset manager’s stock valued at $6,916,000 after buying an additional 123 shares during the period. Integrated Wealth Concepts LLC boosted its holdings in shares of BlackRock by 15.6% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 4,076 shares of the asset manager’s stock worth $3,919,000 after buying an additional 549 shares in the last quarter. Finally, RFG Advisory LLC boosted its holdings in shares of BlackRock by 25.5% during the 2nd quarter. RFG Advisory LLC now owns 1,784 shares of the asset manager’s stock worth $1,716,000 after buying an additional 363 shares in the last quarter. 80.69% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently weighed in on BLK shares. Morgan Stanley lifted their price objective on shares of BlackRock from $1,383.00 to $1,488.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. BMO Capital Markets raised their price target on shares of BlackRock from $1,250.00 to $1,300.00 and gave the stock an “outperform” rating in a report on Friday, July 17th. Bank of America lifted their price target 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. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $1,258.00 price objective on shares of BlackRock in a research report on Thursday, July 16th. Finally, Weiss Ratings downgraded BlackRock from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, BlackRock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,311.06.

Read Our Latest Research Report on BlackRock

BlackRock News Roundup

Here are the key news stories impacting BlackRock this week:

Positive Sentiment: BlackRock-managed funds are participating in a roughly $1 billion primary equity investment in Adani Airport Holdings alongside Temasek, Alpha Wave Global and Premji Invest. The capital will support airport expansion, modernization and related real-estate projects, highlighting BlackRock’s ability to deploy capital into large infrastructure opportunities. Adani Airports to raise approximately $1 billion of primary equity
Positive Sentiment: BlackRock’s iShares investment strategy chief said artificial intelligence remains a long-term opportunity following strong second-quarter earnings across the sector. Continued investor demand for AI-focused ETFs could support iShares asset flows and fee revenue. What comes next for ETF investors in the AI trade
Positive Sentiment: BlackRock was reported as an investor in French AI startup Mistral AI’s €3 billion Series D funding round. The investment increases BlackRock’s exposure to a high-growth technology theme, although the financial effect on BLK is likely limited relative to its overall business. Mistral AI raises €3 billion in Samsung-led Series D round
Neutral Sentiment: BlackRock executives discussed investors moving beyond the traditional 60/40 portfolio and the need for Europe to accelerate AI innovation. These trends could create opportunities for alternative investments and thematic products, but the articles do not identify a material near-term earnings impact. Investors are moving away from the 60/40 portfolio mix
Neutral Sentiment: BlackRock also participated in Rentomojo’s Indian IPO anchor round. The investment expands its emerging-market exposure but is unlikely to materially affect consolidated results. Rentomojo IPO anchor round
Negative Sentiment: Rosen Law Firm said it is investigating potential securities claims involving BlackRock mutual funds, alleging that the company may have issued materially misleading business information. The announcement does not establish wrongdoing, but it adds litigation and reputational risk and is the clearest negative catalyst in the recent news flow. Rosen Law Firm investigation of BlackRock mutual funds

BlackRock Stock Performance

Shares of BLK stock opened at $1,072.98 on Thursday. The company has a current ratio of 3.59, a quick ratio of 3.59 and a debt-to-equity ratio of 0.33. The firm has a fifty day simple moving average of $1,100.73 and a two-hundred day simple moving average of $1,049.52. BlackRock has a 12 month low of $917.39 and a 12 month high of $1,219.94. The firm has a market capitalization of $166.17 billion, a PE ratio of 25.64, a price-to-earnings-growth ratio of 1.21 and a beta of 1.41.

BlackRock (NYSE:BLK – Get Free Report) last released its quarterly earnings data on Wednesday, July 15th. The asset manager reported $13.91 earnings per share for the quarter, beating analysts’ consensus estimates of $12.69 by $1.22. The firm 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 business’s quarterly revenue was up 30.6% compared to the same quarter last year. During the same period last year, the firm earned $12.05 earnings per share. Analysts forecast that BlackRock will post 55.86 EPS for the current fiscal year.

BlackRock Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be given a $5.73 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $22.92 annualized dividend and a yield of 2.1%. BlackRock’s dividend payout ratio (DPR) is presently 54.78%.

BlackRock Company Profile

(Free Report)

BlackRock, Inc is a global investment management and financial technology company serving institutional and individual investors, governments, and financial professionals. The company offers a range of investment products and services, including mutual funds, exchange-traded funds, separately managed accounts, and alternative investments across equities, fixed income, multi-asset, and other strategies.

BlackRock is also known for its iShares brand of exchange-traded funds, which provides access to markets and asset classes worldwide.