BlackRock $BLK Stock: KMG Fiduciary Partners LLC Raises Holdings

Posted by Stanley Muller on Oct 14th, 2026

KMG Fiduciary Partners LLC grew its position in BlackRock (NYSE:BLK – Free Report) by 356.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 41,826 shares of the asset manager’s stock after purchasing an additional 32,661 shares during the quarter. BlackRock comprises approximately 4.1% of KMG Fiduciary Partners LLC’s investment portfolio, making the stock its 6th biggest position. KMG Fiduciary Partners LLC’s holdings in BlackRock were worth $44,264,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Breakwater Capital Group increased its position in BlackRock by 3.8% during the 1st quarter. Breakwater Capital Group now owns 271 shares of the asset manager’s stock worth $261,000 after buying an additional 10 shares during the period. Stronghold Wealth Management L.L.C. increased its position in BlackRock by 2.9% during the first quarter. Stronghold Wealth Management L.L.C. now owns 359 shares of the asset manager’s stock worth $345,000 after acquiring an additional 10 shares during the period. Financial Management Professionals Inc. raised its stake in BlackRock by 1.8% in the 2nd quarter. Financial Management Professionals Inc. now owns 564 shares of the asset manager’s stock worth $542,000 after purchasing an additional 10 shares in the last quarter. JNBA Financial Advisors boosted its holdings in BlackRock by 1.4% in the 2nd quarter. JNBA Financial Advisors now owns 706 shares of the asset manager’s stock valued at $679,000 after purchasing an additional 10 shares during the period. Finally, McGlone Suttner Wealth Management Inc. grew its position in shares of BlackRock by 0.8% during the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 1,205 shares of the asset manager’s stock worth $1,275,000 after purchasing an additional 10 shares in the last quarter. 80.69% of the stock is currently owned by institutional investors.

BlackRock Stock Down 1.5%

NYSE BLK opened at $1,068.07 on Wednesday. The business has a fifty day moving average price of $1,107.58 and a two-hundred day moving average price of $1,060.27. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.59 and a quick ratio of 3.59. BlackRock has a fifty-two week low of $917.39 and a fifty-two week high of $1,219.94. The stock has a market capitalization of $165.41 billion, a PE ratio of 25.53, a PEG ratio of 1.22 and a beta of 1.41.

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 analysts’ consensus estimates of $12.69 by $1.22. BlackRock had a return on equity of 14.90% and a net margin of 24.09%. The firm had revenue of $7.08 billion for the quarter, compared to the consensus estimate of $6.73 billion. During the same quarter last year, the business posted $12.05 EPS. The company’s revenue was up 30.6% compared to the same quarter last year. Equities analysts expect that BlackRock will post 55.69 earnings per share for the current fiscal year.

BlackRock Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th were given 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 was Tuesday, September 8th. BlackRock’s dividend payout ratio is currently 54.78%.

BlackRock News Roundup

Here are the key news stories impacting BlackRock this week:

Positive Sentiment: BlackRock-backed funds and accounts managed by HPS Investment Partners are forming a majority-owned joint venture with Humana to manage nearly 150 CenterWell senior-care clinics. The deal expands BlackRock’s private-market presence and could generate management and investment fees. Humana Announces New Strategic Joint Venture with BlackRock
Positive Sentiment: Funds managed by BlackRock are co-leading a $200 million financing for 3D-printed homebuilder Icon, highlighting the firm’s ability to deploy capital into private growth companies and alternative assets. BlackRock and Baillie Gifford bet big on Icon 3D printed homes
Positive Sentiment: The RBC iShares platform launched a new actively managed artificial-intelligence and technology ETF, adding to BlackRock’s product lineup and potential fee-generating assets. The RBC iShares Alliance Expands Lineup
Positive Sentiment: TD Cowen raised its BlackRock price target to $1,212 from $1,190, although it maintained a Hold rating. BlackRock Given New Price Target at TD Cowen
Neutral Sentiment: BlackRock is scheduled to report third-quarter results shortly, with analysts expecting continued growth and strong asset inflows. The report could be the next major catalyst for BLK.
Neutral Sentiment: The BlackRock Foundation is funding a SaverLife financial-wellness app for more than 75,000 skilled-trades apprentices. The initiative supports the company’s workforce-development profile but is unlikely to materially affect near-term earnings. SaverLife and The BlackRock Foundation Partnership
Negative Sentiment: BlackRock’s investment strategists moved U.S. Treasuries to overweight and closed their U.S. stock overweight, citing more attractive yields after the bond selloff. The shift signals caution toward equities and could raise concerns about market conditions affecting asset flows. BlackRock cools on US stocks, turns bullish on short-dated Treasuries
Negative Sentiment: BlackRock’s iShares Bitcoin Trust (IBIT) recorded approximately $65.4 million in net outflows, representing the entire day’s withdrawals from U.S. spot Bitcoin ETFs. Continued redemptions could pressure fee revenue and investor sentiment. Bitcoin ETF Outflows Reach $65 Million
Negative Sentiment: A viral claim that BlackRock assigned XRP a $32.91 price target appears to be unsupported, limiting any potential benefit from the speculation and underscoring misinformation risk around crypto-related headlines. Did BlackRock Really Put a $32.91 Price Target on XRP?

Analyst Ratings Changes

BLK has been the subject of a number of analyst reports. The Goldman Sachs Group reiterated a “buy” rating and issued a $1,389.00 price target on shares of BlackRock in a research report on Thursday, July 16th. UBS Group cut their price target on BlackRock from $1,320.00 to $1,277.00 and set a “buy” rating for the company in a research note on Wednesday, October 7th. Keefe, Bruyette & Woods raised BlackRock from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, October 7th. BNP Paribas Exane raised their price objective on BlackRock from $1,300.00 to $1,350.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 23rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $1,258.00 price objective on shares of BlackRock in a report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,309.88.

View Our Latest Report on BlackRock

BlackRock Company 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.