Simplicity Wealth LLC Invests $908,000 in BlackRock $BLK

Posted by Stanley Muller on Aug 17th, 2026

Simplicity Wealth LLC bought a new stake in BlackRock (NYSE:BLK – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 944 shares of the asset manager’s stock, valued at approximately $908,000.

A number of other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. raised its position in BlackRock by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 14,062,677 shares of the asset manager’s stock valued at $15,051,846,000 after purchasing an additional 221,123 shares during the period. State Street Corp boosted its position in shares of BlackRock by 0.5% during the fourth quarter. State Street Corp now owns 6,264,545 shares of the asset manager’s stock worth $6,705,193,000 after buying an additional 33,752 shares during the period. Corient Private Wealth LLC grew its stake in shares of BlackRock by 5,190.3% in the fourth quarter. Corient Private Wealth LLC now owns 5,490,422 shares of the asset manager’s stock valued at $5,876,618,000 after buying an additional 5,386,640 shares in the last quarter. Temasek Holdings Private Ltd boosted its stake in shares of BlackRock by 4.7% in the first quarter. Temasek Holdings Private Ltd now owns 5,330,492 shares of the asset manager’s stock valued at $5,126,387,000 after purchasing an additional 237,667 shares during the period. Finally, Bank of America Corp DE increased its stake in BlackRock by 0.7% during the 1st quarter. Bank of America Corp DE now owns 5,232,973 shares of the asset manager’s stock worth $5,032,603,000 after buying an additional 35,069 shares during the period. 80.69% of the stock is currently owned by institutional investors and hedge funds.

BlackRock Stock Down 0.1%

BLK stock opened at $1,172.20 on Monday. The company has a market cap of $181.54 billion, a price-to-earnings ratio of 28.02, a price-to-earnings-growth ratio of 1.32 and a beta of 1.42. The company has a fifty day moving average price of $1,053.84 and a 200 day moving average price of $1,042.51. 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 12 month low of $917.39 and a 12 month high of $1,219.94.

BlackRock (NYSE:BLK – Get Free Report) last announced its earnings results on Wednesday, July 15th. The asset manager reported $13.91 EPS for the quarter, beating analysts’ consensus estimates of $12.69 by $1.22. BlackRock had a net margin of 24.09% and a return on equity of 14.90%. The business had revenue of $7.08 billion during the quarter, compared to analysts’ expectations of $6.73 billion. During the same period in the prior year, the company earned $12.05 earnings per share. The business’s revenue was up 30.6% compared to the same quarter last year. Sell-side analysts expect that BlackRock will post 55.63 earnings per share for the current year.

BlackRock Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be paid a $5.73 dividend. This represents a $22.92 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Tuesday, September 8th. BlackRock’s dividend payout ratio (DPR) is 54.78%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on BLK shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $1,258.00 price objective on shares of BlackRock in a research report on Thursday, July 16th. Barclays lifted their price objective on BlackRock from $1,340.00 to $1,450.00 and gave the company an “overweight” rating in a research note on Wednesday, July 15th. Bank of America raised their target price on shares of BlackRock from $1,298.00 to $1,320.00 and gave the company a “buy” rating in a report on Thursday, July 16th. JPMorgan Chase & Co. raised shares of BlackRock from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $1,165.00 to $1,364.00 in a research report on Thursday, July 16th. Finally, BMO Capital Markets lifted their price objective on shares of BlackRock from $1,250.00 to $1,300.00 and gave the stock an “outperform” rating in a research report on Friday, July 17th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $1,311.06.

Read Our Latest Report on BlackRock

BlackRock News Roundup

Here are the key news stories impacting BlackRock this week:

Positive Sentiment: AI infrastructure financing could create a major growth opportunity. BlackRock is among the financial firms working with Nvidia (NASDAQ: NVDA) and other partners to mobilize more than $500 billion for data centers, GPUs and related infrastructure. The initiative could generate fees from asset management, private credit and structured-finance products while broadening BlackRock’s role beyond traditional investing. NVIDIA’s $500 Billion GPU Financing Deal Fuels Path Toward $270
Positive Sentiment: Scale and asset growth remain key strengths. Reports highlight approximately $15.3 trillion in assets under management, a 22% year-over-year AUM increase and improving profit margins. Continued growth in higher-margin ETFs and other products could support earnings and long-term shareholder returns. Larry Fink’s BlackRock Just Crossed $15.3 Trillion in Assets
Neutral Sentiment: BlackRock-affiliated investors reportedly sold more than $16 million of Bitcoin and Ethereum, while Dartmouth’s holdings in BlackRock’s iShares Bitcoin ETF and other crypto ETFs declined in value. The developments reflect weaker crypto prices and could signal modest pressure on digital-asset flows, but they do not represent a direct sale of BlackRock’s corporate holdings. BlackRock ends the week dumping millions worth of these 2 cryptocurrencies
Negative Sentiment: Competition is intensifying in ETFs. Corgi Invest plans to challenge BlackRock with a broad, low-fee lineup, while Goldman Sachs’ planned acquisition of NEOS would strengthen a rival Bitcoin income ETF platform.
Negative Sentiment: Rosen Law Firm is investigating possible securities claims involving BlackRock mutual funds. The announcement is only an investigation—not a filed finding of wrongdoing—but it adds reputational and legal uncertainty. Rosen investor rights investigation

BlackRock Company 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.