RDA Financial Network Makes New $8.70 Million Investment in BlackRock $BLK

RDA Financial Network purchased a new position in shares of BlackRock (NYSE:BLK) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 8,223 shares of the asset manager’s stock, valued at approximately $8,702,000. BlackRock accounts for 1.8% of RDA Financial Network’s holdings, making the stock its 12th largest position.

A number of other institutional investors have also modified their holdings of the company. BlackRock Inc. purchased a new stake in BlackRock during the second quarter worth about $9,747,857,000. Corient Private Wealth LLC lifted its position in shares of BlackRock by 5,190.3% during the fourth quarter. Corient Private Wealth LLC now owns 5,490,422 shares of the asset manager’s stock worth $5,876,618,000 after purchasing an additional 5,386,640 shares in the last quarter. Bank of America Corp DE purchased a new position in shares of BlackRock in the second quarter valued at approximately $4,409,095,000. Santa Clara Valley Transportation Authority purchased a new position in shares of BlackRock in the second quarter valued at approximately $129,138,253,000. Finally, Auto Owners Insurance Co boosted its stake in shares of BlackRock by 106,934.0% in the fourth quarter. Auto Owners Insurance Co now owns 1,284,408 shares of the asset manager’s stock valued at $128,441,000 after purchasing an additional 1,283,208 shares during the period. 80.69% of the stock is owned by institutional investors and hedge funds.

BlackRock Stock Up 3.6%

NYSE:BLK traded up $38.73 during mid-day trading on Thursday, hitting $1,112.52. The stock had a trading volume of 480,794 shares, compared to its average volume of 736,922. BlackRock has a twelve month low of $917.39 and a twelve month high of $1,209.89. The stock has a 50-day simple moving average of $1,106.43 and a two-hundred day simple moving average of $1,061.02. The company has a current ratio of 3.59, a quick ratio of 3.59 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $172.30 billion, a PE ratio of 26.52, a PEG ratio of 1.20 and a beta of 1.41.

BlackRock (NYSE:BLK) last posted its quarterly earnings results on Wednesday, October 14th. The asset manager reported $15.93 EPS for the quarter, topping the consensus estimate of $14.32 by $1.61. BlackRock had a net margin of 24.09% and a return on equity of 14.90%. The company had revenue of $7.75 billion during the quarter, compared to analysts’ expectations of $7.42 billion. During the same quarter in the previous year, the business posted $8.43 EPS. The firm’s revenue was up 19.1% on a year-over-year basis. On average, equities research analysts anticipate that BlackRock will post 55.70 EPS for the current year.

BlackRock Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th were issued a $5.73 dividend. This represents a $22.92 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Tuesday, September 8th. BlackRock’s dividend payout ratio (DPR) is presently 54.78%.

BlackRock News Summary

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Strong Q3 results and record inflows: BlackRock reported adjusted EPS of $15.93, above the $14.32 consensus, while revenue reached $7.75 billion versus expectations of $7.42 billion. Quarterly net inflows totaled approximately $205 billion, lifting assets under management to a record $15.5 trillion. BlackRock Reports Third Quarter 2026 Earnings
• Positive Sentiment: Growth outlook broadening beyond traditional ETFs: Management highlighted strong iShares demand, higher-fee products, technology revenue, private-markets fundraising and opportunities to finance AI infrastructure. Margin expansion and a seasonally stronger fourth quarter could support earnings momentum. BLK Q3 Earnings Call Puts AI Financing and Fees in Focus
• Positive Sentiment: Analysts raised their valuation targets: JPMorgan increased its target to $1,449 and maintained an Overweight rating; Keefe, Bruyette & Woods raised its target to $1,310 with an Outperform rating. Bank of America also reiterated Buy and lifted its target to $1,313. BlackRock Earns Buy Rating
• Neutral Sentiment: BlackRock executives continued promoting fixed-income ETFs, tokenization and AI-related infrastructure as long-term growth areas. These themes may expand the firm’s addressable market but are less immediate earnings catalysts than the quarterly results. BlackRock, WisdomTree, Fidelity Leaders Talk Fixed Income ETFs
• Negative Sentiment: U.S. bitcoin and ether ETFs experienced roughly $391 million of combined outflows, including renewed withdrawals from BlackRock and Fidelity products. Continued crypto weakness could modestly pressure ETF-related flows and fee revenue. Bitcoin, Ether ETFs Lose $391M
• Negative Sentiment: Investors also face macro and political risks: higher yields can pressure asset valuations, while CEO Larry Fink’s warning that a data-center construction moratorium could trigger a recession highlights BlackRock’s growing exposure to the AI investment cycle. BlackRock’s Larry Fink Warns a Data Center Moratorium Could Trigger a Recession

Analysts Set New Price Targets

BLK has been the topic of several recent research reports. Wells Fargo & Company upped their target price on shares of BlackRock from $1,230.00 to $1,250.00 and gave the stock an “overweight” rating in a research note on Thursday. BNP Paribas Exane raised their price target on shares of BlackRock from $1,300.00 to $1,350.00 and gave the company an “outperform” rating in a research report on Tuesday, June 23rd. JPMorgan Chase & Co. boosted their price target on shares of BlackRock from $1,435.00 to $1,449.00 and gave the stock an “overweight” rating in a research note on Thursday. Morgan Stanley dropped their price target on shares of BlackRock from $1,479.00 to $1,468.00 and set an “overweight” rating for the company in a research note on Tuesday. Finally, BMO Capital Markets upped their price objective on BlackRock from $1,250.00 to $1,300.00 and gave the stock an “outperform” rating in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,312.06.

BlackRock Company Profile

BlackRock, Inc is a global investment management and financial technology company serving individual investors, institutions, governments and financial professionals. The company provides investment management, risk management and advisory services across a broad range of asset classes, including equities, fixed income, multi-asset strategies, alternatives and cash management.

BlackRock offers investment products through mutual funds, exchange-traded funds and other vehicles. Its iShares brand is one of the company’s principal platforms for exchange-traded funds, providing access to domestic and international markets, industry sectors, bonds, commodities and specialized investment strategies.

The company also provides technology and analytical solutions through its Aladdin platform, which is used by asset managers, institutional investors and other financial organizations for portfolio management, risk analysis, trading and operational support.