BlackRock $BLK Shares Sold by Rathbones Group PLC

Rathbones Group PLC reduced its holdings in BlackRock (NYSE:BLK) by 3.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 54,896 shares of the asset manager’s stock after selling 1,819 shares during the period. Rathbones Group PLC’s holdings in BlackRock were worth $58,757,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Lingohr Asset Management GmbH purchased a new position in shares of BlackRock in the third quarter worth about $700,000. Ontario Teachers Pension Plan Board lifted its stake in shares of BlackRock by 6,347.9% in the third quarter. Ontario Teachers Pension Plan Board now owns 42,234 shares of the asset manager’s stock worth $49,239,000 after buying an additional 41,579 shares in the last quarter. Sienna Gestion raised its stake in BlackRock by 51.5% during the third quarter. Sienna Gestion now owns 22,859 shares of the asset manager’s stock worth $24,299,000 after purchasing an additional 7,773 shares during the period. Sarasin & Partners LLP raised its stake in BlackRock by 10.6% during the fourth quarter. Sarasin & Partners LLP now owns 251,856 shares of the asset manager’s stock worth $269,572,000 after purchasing an additional 24,196 shares during the period. Finally, PNC Financial Services Group Inc. raised its stake in BlackRock by 8.9% during the third quarter. PNC Financial Services Group Inc. now owns 360,995 shares of the asset manager’s stock worth $420,873,000 after purchasing an additional 29,449 shares during the period. 80.69% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock announced a quarterly cash dividend of $5.73 per share, reinforcing its capital-return profile and signaling continued confidence in cash generation. BlackRock Declares Quarterly Dividend of 5.73 on Common Stock
• Positive Sentiment: BlackRock’s iShares Bitcoin Trust appears to be seeing strong inflows again, with reports that it added over 8,000 Bitcoin in May and that BlackRock moved Bitcoin to Coinbase Prime as part of ETF operations. That can be read as evidence of continued demand for its crypto-linked products. BlackRock adds over 8,000 Bitcoin in May 2026
• Positive Sentiment: News that Citigroup is partnering with BlackRock’s HPS to expand private credit across EMEA highlights BlackRock’s growing footprint in a high-demand alternative-asset area. C Partners With BlackRock’s HPS: A Win for Its Private Credit Push?
• Neutral Sentiment: BlackRock Canada announced final May cash distributions for the iShares Premium Money Market ETF, a standard fund administration update with limited direct impact on BLK earnings expectations. BlackRock Canada Announces Final May Cash Distributions for the iShares Premium Money Market ETF
• Neutral Sentiment: Reports that CEO Larry Fink’s compensation drew a lukewarm response from shareholders are more of a governance headline than a direct business driver, though they may modestly weigh on sentiment. Fink’s Big Payday Gets Lukewarm Reception From BlackRock Shareholders
• Negative Sentiment: One market commentary linked recent weakness in BLK to a broader risk-off backdrop and large outflows from U.S. spot bitcoin ETFs, including BlackRock’s IBIT. That could pressure sentiment if investors expect softer fee-related assets under management. BlackRock slides as risk-off tone hits financials and crypto-ETF flow headlines resurface

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Jefferies Financial Group reduced their target price 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. JPMorgan Chase & Co. reduced their target price 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. Morgan Stanley lifted 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 note on Wednesday, April 15th. Keefe, Bruyette & Woods lifted their target price on shares of BlackRock from $1,150.00 to $1,240.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 15th. Finally, The Goldman Sachs Group lifted their target price on shares of BlackRock from $1,181.00 to $1,313.00 and gave the stock a “buy” rating in a research note on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,269.06.

Insider Activity at BlackRock

In other news, CEO Laurence Fink sold 33,900 shares of the business’s stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $1,050.55, for a total value of $35,613,645.00. Following the sale, the chief executive officer directly owned 230,516 shares of the company’s stock, valued at approximately $242,168,583.80. The trade was a 12.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director J. Richard Kushel sold 385 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $1,084.91, for a total transaction of $417,690.35. Following the completion of the sale, the director directly owned 3,335 shares in the company, valued at $3,618,174.85. This trade represents a 10.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 45,249 shares of company stock valued at $47,671,714 over the last 90 days. Insiders own 1.92% of the company’s stock.

BlackRock Price Performance

BlackRock stock opened at $1,050.09 on Thursday. The company’s 50 day simple moving average is $1,013.75 and its 200-day simple moving average is $1,054.00. The company has a market capitalization of $163.01 billion, a price-to-earnings ratio of 26.36, a price-to-earnings-growth ratio of 1.35 and a beta of 1.44. BlackRock has a 1 year low of $917.39 and a 1 year high of $1,219.94. The company has a debt-to-equity ratio of 0.34, a quick ratio of 4.09 and a current ratio of 4.09.

BlackRock (NYSE:BLK) last released its quarterly earnings results on Tuesday, April 14th. The asset manager reported $12.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $12.40 by $0.13. The business had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $6.56 billion. BlackRock had a net margin of 24.40% and a return on equity of 14.74%. The business’s revenue was up 27.0% on a year-over-year basis. During the same period in the previous year, the firm earned $9.64 EPS. As a group, equities research analysts expect that BlackRock will post 52.77 earnings per share for the current year.

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.