Vantus Wealth LLC purchased a new position in shares of BlackRock (NYSE:BLK – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 933 shares of the asset manager’s stock, valued at approximately $999,000.
A number of other institutional investors have also recently bought and sold shares of the company. Shum Financial Group Inc. grew its holdings in BlackRock by 0.4% during the fourth quarter. Shum Financial Group Inc. now owns 2,183 shares of the asset manager’s stock valued at $2,336,000 after purchasing an additional 9 shares during the period. First Bancorp Inc ME grew its holdings in BlackRock by 2.9% during the fourth quarter. First Bancorp Inc ME now owns 321 shares of the asset manager’s stock valued at $344,000 after purchasing an additional 9 shares during the period. Rather & Kittrell Inc. grew its holdings in BlackRock by 2.1% during the fourth quarter. Rather & Kittrell Inc. now owns 430 shares of the asset manager’s stock valued at $461,000 after purchasing an additional 9 shares during the period. Oakworth Capital Inc. grew its holdings in BlackRock by 1.2% during the fourth quarter. Oakworth Capital Inc. now owns 755 shares of the asset manager’s stock valued at $808,000 after purchasing an additional 9 shares during the period. Finally, Tortoise Investment Management LLC grew its holdings in BlackRock by 23.8% during the third quarter. Tortoise Investment Management LLC now owns 52 shares of the asset manager’s stock valued at $61,000 after purchasing an additional 10 shares during the period. Institutional investors and hedge funds own 80.69% of the company’s stock.
BlackRock Stock Performance
Shares of BLK opened at $1,021.31 on Tuesday. BlackRock has a 12 month low of $917.39 and a 12 month high of $1,219.94. The firm has a fifty day simple moving average of $1,030.75 and a 200 day simple moving average of $1,053.05. The stock has a market capitalization of $158.54 billion, a price-to-earnings ratio of 25.64, a PEG ratio of 1.36 and a beta of 1.42. 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 Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Friday, June 5th will be issued a dividend of $5.73 per share. The ex-dividend date is Friday, June 5th. This represents a $22.92 annualized dividend and a yield of 2.2%. BlackRock’s dividend payout ratio is presently 57.53%.
Key Stories Impacting BlackRock
Here are the key news stories impacting BlackRock this week:
- Negative Sentiment: BlackRock’s iShares Bitcoin Trust (IBIT) was linked to a large $1.26 billion block sale and heavy weekly outflows from Bitcoin spot ETFs, raising concerns about near-term demand for the firm’s crypto-related product suite. Article Title
- Negative Sentiment: Reports said BlackRock’s crypto portfolio value fell by more than $13 billion over the first five months of 2026, which may weigh on investor sentiment around the firm’s digital-asset exposure. Article Title
- Negative Sentiment: Financial stocks were softer in late Monday trading, adding sector-level pressure on BlackRock shares. Article Title
- Neutral Sentiment: A report noted that BlackRock has underperformed the Nasdaq recently, though analysts still remain broadly optimistic about the stock’s outlook. Article Title
- Neutral Sentiment: BlackRock announced a $25 million philanthropic RFP through its Future Builders program to support skilled trades workforce development, which is positive for corporate reputation but unlikely to move the stock materially. Article Title
Insider Buying and Selling at BlackRock
In other BlackRock news, President Robert Kapito sold 8,739 shares of the company’s stock in a transaction 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 sale, the president directly owned 210,186 shares of the company’s stock, valued at approximately $222,082,527.60. This represents a 3.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Laurence Fink sold 33,900 shares of the company’s stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $1,050.55, for a total transaction of $35,613,645.00. Following the sale, the chief executive officer directly owned 230,516 shares in the company, valued at $242,168,583.80. This trade represents a 12.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.92% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on BLK. BMO Capital Markets boosted their price objective on shares of BlackRock from $1,200.00 to $1,250.00 and gave the company an “outperform” rating in a report on Monday, April 20th. Jefferies Financial Group reduced 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. Morgan Stanley upped their price target on shares of BlackRock from $1,368.00 to $1,393.00 and gave the company an “overweight” rating in a report on Wednesday, April 15th. Evercore reiterated an “outperform” rating and issued a $1,220.00 price target on shares of BlackRock in a report on Wednesday, April 15th. Finally, JPMorgan Chase & Co. reduced their price target on shares of BlackRock from $1,269.00 to $1,128.00 and set a “neutral” rating for the company in a report on Monday, April 13th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,269.06.
Get Our Latest Analysis on BlackRock
BlackRock Company Profile
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.
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