iA Global Asset Management Inc. Sells 1,806 Shares of BlackRock $BLK

Posted by Brenda Bartman on May 20th, 2026

iA Global Asset Management Inc. reduced its position in shares of BlackRock (NYSE:BLK – Free Report) by 83.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 350 shares of the asset manager’s stock after selling 1,806 shares during the period. iA Global Asset Management Inc.’s holdings in BlackRock were worth $375,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Hopwood Financial Services Inc. lifted its holdings in BlackRock by 866.7% during the 3rd quarter. Hopwood Financial Services Inc. now owns 29 shares of the asset manager’s stock valued at $34,000 after purchasing an additional 26 shares during the last quarter. Birchbrook Inc. bought a new position in BlackRock during the 4th quarter valued at about $31,000. LFA Lugano Financial Advisors SA bought a new position in BlackRock during the 4th quarter valued at about $32,000. Collier Financial bought a new position in BlackRock during the 3rd quarter valued at about $36,000. Finally, Goodman Advisory Group LLC bought a new position in BlackRock during the 3rd quarter valued at about $37,000. 80.69% of the stock is owned by institutional investors.

BlackRock Price Performance

Shares of BLK stock opened at $1,036.89 on Wednesday. BlackRock has a 1 year low of $917.39 and a 1 year high of $1,219.94. The firm’s 50 day moving average is $1,011.94 and its 200-day moving average is $1,054.33. The firm has a market capitalization of $160.96 billion, a price-to-earnings ratio of 26.03, a PEG ratio of 1.42 and a beta of 1.44. The company has a current ratio of 4.09, a quick ratio of 4.09 and a debt-to-equity ratio of 0.34.

BlackRock (NYSE:BLK – Get Free Report) last announced its earnings results on Tuesday, April 14th. The asset manager reported $12.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $12.40 by $0.13. BlackRock had a net margin of 24.40% and a return on equity of 14.74%. The company had revenue of $6.70 billion for the quarter, compared to analyst estimates of $6.56 billion. During the same period in the prior year, the business earned $9.64 earnings per share. BlackRock’s quarterly revenue was up 27.0% on a year-over-year basis. Sell-side analysts forecast that BlackRock will post 52.77 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on BLK shares. Jefferies Financial Group cut their price target on shares of BlackRock from $1,351.00 to $1,199.00 and set a “buy” rating for the company in a report on Wednesday, April 8th. CICC Research lifted their price target on shares of BlackRock from $1,000.00 to $1,250.00 in a report on Tuesday, February 3rd. Freedom Capital raised shares of BlackRock from a “hold” rating to a “strong-buy” rating in a report on Friday, January 23rd. Morgan Stanley upped their target price on shares of BlackRock from $1,368.00 to $1,393.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 15th. Finally, UBS Group upped their target price on shares of BlackRock from $1,235.00 to $1,270.00 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,269.06.

Check Out Our Latest Analysis on BLK

More BlackRock News

Here are the key news stories impacting BlackRock this week:

Positive Sentiment: BlackRock’s private-credit expansion got a boost from a new partnership with Citi, which will use BlackRock’s HPS platform to broaden direct lending across EMEA as demand for private credit continues to grow. Citi strikes €15bn partnership with BlackRock for private European lending
Positive Sentiment: BlackRock’s iShares Bitcoin Trust (IBIT) is still gathering assets overall in May, with reports indicating more than 8,000 Bitcoin added during the month, supporting the firm’s ETF fee engine. BlackRock adds over 8,000 Bitcoin in May 2026
Neutral Sentiment: BlackRock was reported to have transferred a large amount of Bitcoin to Coinbase Prime wallets, which appears consistent with ETF custody/trading operations rather than a clear strategic shift. BlackRock moves 5,847 Bitcoin worth $450M to Coinbase Prime wallets
Neutral Sentiment: Shapoorji Pallonji Group is seeking $2.7 billion in private credit, with BlackRock among the potential providers, reinforcing demand for its lending capabilities. SP Group plans to raise $2.7 billion; BlackRock, Bofa may chip in
Negative Sentiment: Sentiment on BLK has been pressured by a broader risk-off move, rising Treasury yields, and large outflows from spot bitcoin ETFs, including roughly $448 million from BlackRock’s IBIT in one session, which could hurt fee-related growth expectations. BlackRock slides as risk-off tone hits financials and crypto-ETF flow headlines resurface
Negative Sentiment: Investors are also watching regulatory risk after reports that the Manhattan U.S. Attorney’s Office requested information on valuation practices at BlackRock’s private credit fund, adding uncertainty around a key growth area. BlackRock’s Troubled Private Credit Fund Draws DOJ Scrutiny

Insider Buying and Selling at BlackRock

In related news, President Robert Kapito sold 8,739 shares of the business’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $1,056.60, for a total transaction of $9,233,627.40. Following the completion of the sale, the president directly owned 210,186 shares of the company’s stock, valued at $222,082,527.60. The trade was a 3.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Stephen Cohen sold 225 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $1,069.56, for a total transaction of $240,651.00. Following the sale, the director directly owned 5,661 shares of the company’s stock, valued at approximately $6,054,779.16. This trade represents a 3.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 45,249 shares of company stock valued at $47,671,714. 1.92% of the stock is currently owned by corporate insiders.

BlackRock Profile

(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.