533 Shares in BlackRock $BLK Bought by Whalen Wealth Management Inc.

Posted by Brian Himes on Oct 8th, 2026

Whalen Wealth Management Inc. acquired a new position in shares of BlackRock (NYSE:BLK – Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 533 shares of the asset manager’s stock, valued at approximately $564,000.

Other large investors have also recently added to or reduced their stakes in the company. RMG Wealth Management LLC acquired a new position in BlackRock during the 1st quarter worth $25,000. Addison Advisors LLC bought a new stake in shares of BlackRock during the second quarter valued at about $25,000. Kelly Lawrence W & Associates Inc. CA acquired a new stake in BlackRock in the second quarter worth about $25,000. Meeder Asset Management Inc. bought a new position in BlackRock in the 2nd quarter valued at about $30,000. Finally, Caitong International Asset Management Co. Ltd bought a new position in BlackRock in the 4th quarter valued at about $36,000. 80.69% of the stock is currently owned by institutional investors and hedge funds.

BlackRock Price Performance

NYSE:BLK traded down $3.36 during trading hours on Thursday, reaching $1,066.27. 177,615 shares of the company’s stock were exchanged, compared to its average volume of 739,552. 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 capitalization of $165.13 billion, a P/E ratio of 25.47, a price-to-earnings-growth ratio of 1.22 and a beta of 1.41. BlackRock has a 12 month low of $917.39 and a 12 month high of $1,219.94. The business’s 50-day simple moving average is $1,110.65 and its two-hundred day simple moving average is $1,057.36.

BlackRock (NYSE:BLK – Get Free Report) last posted its quarterly earnings results on Wednesday, July 15th. The asset manager reported $13.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $12.69 by $1.22. The company had revenue of $7.08 billion for the quarter, compared to analysts’ expectations of $6.73 billion. BlackRock had a return on equity of 14.90% and a net margin of 24.09%.The firm’s revenue was up 30.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $12.05 earnings per share. Sell-side analysts expect that BlackRock will post 55.73 EPS for the current fiscal year.

BlackRock Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th were issued a dividend of $5.73 per share. This represents a $22.92 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Tuesday, September 8th. BlackRock’s dividend payout ratio is currently 54.78%.

Analyst Upgrades and Downgrades

BLK has been the subject of a number of research analyst reports. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $1,389.00 price target on shares of BlackRock in a research note on Thursday, July 16th. Bank of America boosted their target price on BlackRock from $1,298.00 to $1,320.00 and gave the stock a “buy” rating in a report on Thursday, July 16th. BMO Capital Markets upped their target price on BlackRock from $1,250.00 to $1,300.00 and gave the stock an “outperform” rating in a research report on Friday, July 17th. Evercore reiterated an “outperform” rating and set a $1,260.00 price target on shares of BlackRock in a research report on Monday, August 10th. Finally, Wells Fargo & Company dropped their price objective on BlackRock from $1,245.00 to $1,230.00 and set an “overweight” rating on the stock in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, BlackRock presently has an average rating of “Moderate Buy” and a consensus target price of $1,303.35.

Read Our Latest Analysis on BlackRock

Key BlackRock News

Here are the key news stories impacting BlackRock this week:

Positive Sentiment: BlackRock’s six-month gain is supported by record assets under management, strategic acquisitions, and continued demand for its investment products. The company’s expanding exposure to digital infrastructure, tokenized money-market funds, and cryptocurrency could provide additional growth avenues. BLK Shares Rally 6.8% in Six Months: Is There Further Upside Left?
Positive Sentiment: BlackRock is reportedly in exclusive discussions to acquire Stack Infrastructure’s Asia-Pacific data centers in a potential $20 billion to $25 billion transaction, increasing its exposure to AI and cloud-computing infrastructure. BlackRock in Exclusive Talks on $20 Billion Data Center Deal
Positive Sentiment: BlackRock’s funds continue to gain attention for strong performance, including its income and semiconductor offerings, which may support asset gathering and fee revenue. BlackRock’s Income Fund Performance
Neutral Sentiment: BlackRock’s investment chief Rick Rieder remains positioned for a hawkish Federal Reserve, saying short-term yields are attractive. Higher rates can benefit money-market and fixed-income products but may pressure broader asset valuations. BlackRock’s Rieder on Yield Curve and Federal Reserve Rate Hikes
Neutral Sentiment: BlackRock is expected to report earnings next week. Analysts anticipate year-over-year earnings growth, but the latest preview suggests the company may lack the combination of positive estimate revisions and other signals typically associated with an earnings beat. BlackRock Reports Next Week
Negative Sentiment: U.S. spot Bitcoin ETFs recorded nearly $485 million in net outflows, with BlackRock’s iShares Bitcoin Trust responsible for $207.7 million of withdrawals. Continued crypto outflows could slow asset growth and fee income from the business. US Bitcoin ETFs See $485 Million Outflow
Negative Sentiment: Analysts caution that BlackRock’s premium valuation may limit further upside after its recent advance. Shares are also below their 50-day moving average, reinforcing near-term investor caution. BlackRock Valuation Outlook
Negative Sentiment: The Rosen Law Firm says it is investigating potential securities claims involving BlackRock mutual funds, creating a headline and potential legal risk, although no wrongdoing has been established. BlackRock Investor Legal Investigation

BlackRock Profile

(Free Report)

BlackRock, Inc is a global investment management and financial technology company serving individual investors, institutions, governments and financial professionals. The company provides investment management, risk management and advisory services across a broad range of asset classes, including equities, fixed income, multi-asset strategies, alternatives and cash management.

BlackRock offers investment products through mutual funds, exchange-traded funds and other vehicles. Its iShares brand is one of the company’s principal platforms for exchange-traded funds, providing access to domestic and international markets, industry sectors, bonds, commodities and specialized investment strategies.

The company also provides technology and analytical solutions through its Aladdin platform, which is used by asset managers, institutional investors and other financial organizations for portfolio management, risk analysis, trading and operational support.