BlackRock $BLK Stake Reduced by Danske Bank A S

Danske Bank A S cut its holdings in BlackRock (NYSE:BLK) by 9.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 81,337 shares of the asset manager’s stock after selling 8,067 shares during the quarter. Danske Bank A S’s holdings in BlackRock were worth $87,058,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BLK. Investment Research & Advisory Group Inc. acquired a new position in shares of BlackRock during the third quarter valued at approximately $6,201,000. Lingohr Asset Management GmbH acquired a new position in shares of BlackRock during the third quarter valued at approximately $700,000. Ontario Teachers Pension Plan Board increased its stake in shares of BlackRock by 6,347.9% during the third quarter. Ontario Teachers Pension Plan Board now owns 42,234 shares of the asset manager’s stock valued at $49,239,000 after acquiring an additional 41,579 shares during the period. Sienna Gestion increased its stake in shares of BlackRock by 51.5% during the third quarter. Sienna Gestion now owns 22,859 shares of the asset manager’s stock valued at $24,299,000 after acquiring an additional 7,773 shares during the period. Finally, Tandem Investment Advisors Inc. acquired a new position in shares of BlackRock during the third quarter valued at approximately $83,247,000. 80.69% of the stock is currently owned by institutional investors.

BlackRock News Summary

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Options demand tied to BlackRock’s IBIT is rising — reported Nasdaq open-interest for IBIT options recently surpassed offshore Deribit volumes, signalling stronger institutional derivatives activity and deeper market adoption of BlackRock’s Bitcoin ETF. IBIT options open interest tops Deribit
• Positive Sentiment: BlackRock’s data/AI positioning gets favorable coverage — pieces highlighting Aladdin and the “clean data” edge versus peers reinforce BlackRock’s competitive moat in advisory, risk and scalable advisory tools, a longer-term revenue positive. AI & clean data article
• Neutral Sentiment: BlackRock exec commentary on SaaS disruption — COO Rob Goldstein warned that “convenience-layer” SaaS firms face structural risk from generative AI; this is strategic color on tech exposure but not an immediate BLK earnings catalyst. Goldstein on SaaS and AI
• Neutral Sentiment: Regulatory/portfolio notices: BlackRock disclosed changes in stakes (OMV stake above 4% disclosure; Fagron holding moved below a 3% threshold) — notable for governance/portfolio activity but unlikely to move BLK materially by themselves. OMV stake disclosure Fagron transparency notification
• Negative Sentiment: Bitcoin ETF outflows: US spot Bitcoin ETFs saw several days of withdrawals after the Fed decision; BlackRock’s IBIT recorded roughly $167M of outflows in that multi-day pullback — a near-term drag on crypto-AUM and fee momentum. Bitcoin ETF outflows report
• Negative Sentiment: Large insider sales: CEO Laurence Fink disclosed a sale of 33,900 shares (~$35.6M) and President Robert Kapito sold 8,739 shares — sizeable, public insider disposals that often create short-term sentiment pressure despite routine explanations (liquidity, diversification). Fink insider sale Kapito insider sale

Insider Transactions at BlackRock

In other BlackRock news, Director J. Richard Kushel sold 2,000 shares of BlackRock stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $1,083.05, for a total value of $2,166,100.00. Following the transaction, the director owned 61,980 shares in the company, valued at approximately $67,127,439. The trade was a 3.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Laurence Fink sold 33,900 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the chief executive officer directly owned 230,516 shares of the company’s stock, valued at $242,168,583.80. This represents a 12.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 106,911 shares of company stock valued at $114,670,698 in the last 90 days. 1.92% of the stock is owned by corporate insiders.

BlackRock Trading Up 2.6%

BlackRock stock opened at $1,066.59 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.98 and a current ratio of 2.98. The firm has a market cap of $165.90 billion, a price-to-earnings ratio of 26.77, a price-to-earnings-growth ratio of 1.36 and a beta of 1.48. BlackRock has a 1 year low of $905.91 and a 1 year high of $1,219.94. The firm’s 50 day moving average price is $1,007.89 and its two-hundred day moving average price is $1,060.98.

BlackRock (NYSE:BLK) last posted its quarterly earnings results on Tuesday, April 14th. The asset manager reported $12.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.40 by $0.13. The firm had revenue of $6.70 billion for the quarter, compared to analyst estimates of $6.56 billion. BlackRock had a net margin of 24.40% and a return on equity of 14.96%. The firm’s quarterly revenue was up 27.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $9.64 earnings per share. On average, research analysts predict that BlackRock will post 52.77 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Jefferies Financial Group lowered their price objective on shares of BlackRock from $1,351.00 to $1,199.00 and set a “buy” rating on the stock in a research note on Wednesday, April 8th. The Goldman Sachs Group raised their price objective on shares of BlackRock from $1,181.00 to $1,313.00 and gave the company a “buy” rating in a research note on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of BlackRock from $1,296.00 to $1,380.00 in a research note on Thursday, January 15th. JPMorgan Chase & Co. lowered their price objective on shares of BlackRock from $1,269.00 to $1,128.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th. Finally, Weiss Ratings lowered shares of BlackRock from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, BlackRock presently has an average rating of “Moderate Buy” and a consensus price target of $1,269.06.

About BlackRock

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.