Chicago Partners Investment Group LLC Buys 774 Shares of BlackRock $BLK

Posted by George Bondi on Nov 7th, 2026

Chicago Partners Investment Group LLC boosted its stake in BlackRock (NYSE:BLK – Free Report) by 50.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,321 shares of the asset manager’s stock after acquiring an additional 774 shares during the period. Chicago Partners Investment Group LLC’s holdings in BlackRock were worth $2,595,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Santa Clara Valley Transportation Authority purchased a new position in BlackRock during the 2nd quarter worth approximately $129,138,253,000. BlackRock Inc. acquired a new stake in shares of BlackRock in the second quarter valued at approximately $9,747,857,000. Temasek Holdings Private Ltd grew its position in shares of BlackRock by 4.7% during the first quarter. Temasek Holdings Private Ltd now owns 5,330,492 shares of the asset manager’s stock worth $5,126,387,000 after acquiring an additional 237,667 shares during the last quarter. Bank of America Corp DE grew its position in shares of BlackRock by 0.7% during the first quarter. Bank of America Corp DE now owns 5,232,973 shares of the asset manager’s stock worth $5,032,603,000 after acquiring an additional 35,069 shares during the last quarter. Finally, Wellington Management Group LLP increased its holdings in shares of BlackRock by 23.3% in the 2nd quarter. Wellington Management Group LLP now owns 4,495,074 shares of the asset manager’s stock valued at $4,322,283,000 after acquiring an additional 850,406 shares during the period. Institutional investors and hedge funds own 80.69% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on the stock. Barclays reduced their price target on shares of BlackRock from $1,420.00 to $1,410.00 and set an “overweight” rating for the company in a research report on Thursday, October 15th. Jefferies Financial Group restated a “buy” rating and issued a $1,341.00 price objective on shares of BlackRock in a research note on Wednesday, October 28th. Keefe, Bruyette & Woods upped their target price on shares of BlackRock from $1,290.00 to $1,310.00 and gave the company an “outperform” rating in a report on Thursday, October 15th. Evercore reiterated an “outperform” rating and set a $1,275.00 target price (down from $1,300.00) on shares of BlackRock in a research note on Friday, October 9th. Finally, The Goldman Sachs Group lowered their price target on BlackRock from $1,389.00 to $1,346.00 and set a “buy” rating on the stock in a report on Friday, October 2nd. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, BlackRock has a consensus rating of “Moderate Buy” and an average target price of $1,342.25.

Check Out Our Latest Analysis on BLK

BlackRock Stock Performance

Shares of BLK stock opened at $1,178.32 on Friday. The company has a market cap of $182.49 billion, a price-to-earnings ratio of 26.79, a price-to-earnings-growth ratio of 1.21 and a beta of 1.37. The stock has a 50 day simple moving average of $1,104.90 and a 200-day simple moving average of $1,065.48. BlackRock has a 12-month low of $917.39 and a 12-month high of $1,242.12. The company has a current ratio of 3.59, a quick ratio of 3.59 and a debt-to-equity ratio of 0.33.

BlackRock (NYSE:BLK – Get Free Report) last posted its quarterly earnings results on Wednesday, October 14th. The asset manager reported $15.93 earnings per share for the quarter, beating analysts’ consensus estimates of $14.32 by $1.61. BlackRock had a return on equity of 16.08% and a net margin of 24.22%. The firm had revenue of $7.75 billion for the quarter, compared to the consensus estimate of $7.42 billion. During the same period in the previous year, the business earned $8.43 earnings per share. The company’s revenue for the quarter was up 19.1% compared to the same quarter last year. On average, equities analysts forecast that BlackRock will post 57.82 EPS for the current year.

Key Stories Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

Positive Sentiment: BlackRock executives described potential shifts in equity markets and opportunities in AI-related debt financing. The company also said political changes following the U.S. midterms will not alter its crypto strategy, signaling continuity in its digital-asset plans. Rieder on equity rebalancing BlackRock’s crypto strategy
Positive Sentiment: Preqin, BlackRock’s private-markets data business, is partnering with an AI-powered capital-introduction platform. The collaboration may extend the reach of its institutional data offering, though the financial impact is not specified. Preqin and iConnections collaboration
Neutral Sentiment: Larry Fink argued that workers have fallen behind investors, prompting discussion of pay, investment returns and market ownership. This is a broader economic commentary rather than a direct update on BlackRock’s earnings or outlook. Larry Fink on workers and investors
Negative Sentiment: BlackRock’s iShares Bitcoin Trust (IBIT) continued to see withdrawals even as some reports described a rebound in overall crypto ETF flows. Further outflows could pressure fund assets and related fee revenue, although the reports do not quantify a material effect on BlackRock’s overall results. BlackRock ETF withdrawals

BlackRock Profile

(Free Report)

BlackRock, Inc is a global investment management and financial technology company serving individuals, institutions, governments and other organizations. Founded in 1988, the company is headquartered in New York City and operates in markets around the world.

BlackRock offers investment products and services across asset classes, including equities, fixed income, cash management and alternative investments. Its offerings include exchange-traded funds and other funds under the iShares brand, as well as portfolio management, investment advisory and risk management services.

The company also provides Aladdin, a technology platform used by investors and financial institutions for portfolio management, operations and risk analysis.