E Fund Management Co. Ltd. Acquires New Shares in BlackRock $BLK

Posted by George Bondi on Aug 21st, 2026

E Fund Management Co. Ltd. acquired a new position in BlackRock (NYSE:BLK – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 511 shares of the asset manager’s stock, valued at approximately $491,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. bought a new stake in shares of BlackRock in the 4th quarter valued at about $26,000. RMG Wealth Management LLC bought a new position in shares of BlackRock during the first quarter valued at approximately $25,000. Addison Advisors LLC purchased a new position in BlackRock during the second quarter valued at approximately $25,000. Birchbrook Inc. purchased a new position in BlackRock during the fourth quarter valued at approximately $31,000. Finally, Basepoint Wealth LLC bought a new position in BlackRock in the fourth quarter worth approximately $32,000. 80.69% of the stock is currently owned by institutional investors.

BlackRock Price Performance

NYSE BLK opened at $1,139.89 on Friday. The firm’s fifty day simple moving average is $1,065.22 and its two-hundred day simple moving average is $1,043.44. 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 has a 12-month low of $917.39 and a 12-month high of $1,219.94. The firm has a market capitalization of $176.53 billion, a P/E ratio of 27.24, a P/E/G ratio of 1.31 and a beta of 1.42.

BlackRock (NYSE:BLK – Get Free Report) last issued its quarterly earnings results on Wednesday, July 15th. The asset manager reported $13.91 earnings per share (EPS) for the quarter, topping 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 business had revenue of $7.08 billion for the quarter, compared to the consensus estimate of $6.73 billion. During the same period in the prior year, the firm posted $12.05 earnings per share. The business’s quarterly revenue was up 30.6% on a year-over-year basis. Analysts forecast that BlackRock will post 55.63 EPS for the current fiscal year.

BlackRock Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be given a dividend of $5.73 per share. This represents a $22.92 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, September 8th. BlackRock’s dividend payout ratio is currently 54.78%.

Analysts Set New Price Targets

Several analysts have issued reports on BLK shares. The Goldman Sachs Group reaffirmed a “buy” rating and set a $1,389.00 target price on shares of BlackRock in a research report on Thursday, July 16th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $1,258.00 price target on shares of BlackRock in a research report on Thursday, July 16th. JPMorgan Chase & Co. upgraded BlackRock from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $1,165.00 to $1,364.00 in a research note on Thursday, July 16th. Weiss Ratings downgraded BlackRock from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. Finally, BNP Paribas Exane lifted their target price on BlackRock from $1,300.00 to $1,350.00 and gave the company an “outperform” rating in a research note on Tuesday, June 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $1,311.06.

Check Out Our Latest Report on BlackRock

Trending Headlines about BlackRock

Here are the key news stories impacting BlackRock this week:

Positive Sentiment: BlackRock’s iShares Bitcoin Trust led a surge in U.S. spot Bitcoin ETF demand, attracting $588.5 million over three days and $284.7 million on Wednesday alone. Sustained inflows could increase BlackRock’s fee-generating assets and support growth in its digital-assets franchise. Bitcoin ETFs Heat Up After Three Days of Heavy Buying
Positive Sentiment: BlackRock’s updated research continued to support Bitcoin as a potential portfolio diversifier, citing a possible 1%–2% allocation. A favorable long-term stance may help preserve demand for the iShares Bitcoin Trust despite recent cryptocurrency volatility. BlackRock updates its Bitcoin outlook after historic selloff
Positive Sentiment: BlackRock and Oaktree Capital reportedly seized debt-laden movie-servicer MBS through their credit investments. The transaction highlights the scale and potential deployment opportunities of BlackRock’s private-credit platform, although distressed assets carry execution risk. BlackRock, Oaktree Seize Debt-Laden Movie Servicer MBS
Neutral Sentiment: BlackRock Canada announced August cash distributions for numerous iShares ETFs, with payments scheduled for August 31 to eligible unitholders. The announcement is routine but reinforces the breadth of BlackRock’s ETF platform and recurring investor engagement. BlackRock Canada Announces August Cash Distributions
Neutral Sentiment: BlackRock executives warned that bond-market volatility is spilling into equities, particularly large artificial-intelligence stocks, while highlighting the value of active management. The comments provide market context but do not materially change BLK’s earnings outlook. BlackRock: Markets calm on top line, but volatility under the hood
Negative Sentiment: Rosen Law Firm said it is investigating potential securities claims involving BlackRock mutual funds, alleging materially misleading business information. The announcement does not establish wrongdoing, but it adds headline and potential litigation risk for investors. BlackRock Investor News: Rosen Law Firm Investigation
Negative Sentiment: BLK underperformed the broader market during the latest session, reflecting investor caution amid market volatility and the legal-investigation headlines. Why BlackRock Dipped More Than the Broader Market

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.