Tema Etfs LLC Invests $2.80 Million in BlackRock $BLK

Tema Etfs LLC acquired a new stake in shares of BlackRock (NYSE:BLK) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,405 shares of the asset manager’s stock, valued at approximately $2,804,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in shares of BlackRock in the 2nd quarter valued at about $2,644,007,000. Laurel Wealth Advisors LLC raised its stake in shares of BlackRock by 105,267.4% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,705,899 shares of the asset manager’s stock valued at $1,789,915,000 after purchasing an additional 1,704,280 shares during the period. Franklin Resources Inc. lifted its stake in BlackRock by 72.5% in the 2nd quarter. Franklin Resources Inc. now owns 2,005,358 shares of the asset manager’s stock valued at $2,104,122,000 after acquiring an additional 842,901 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its stake in shares of BlackRock by 1,962.0% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 792,494 shares of the asset manager’s stock worth $831,524,000 after acquiring an additional 754,060 shares in the last quarter. Finally, McElhenny Sheffield Capital Management LLC acquired a new position in BlackRock during the second quarter worth $231,000. Hedge funds and other institutional investors own 80.69% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on BLK shares. The Goldman Sachs Group restated a “buy” rating and set a $1,313.00 price objective on shares of BlackRock in a research report on Tuesday, December 9th. Citigroup raised their target price on shares of BlackRock from $1,200.00 to $1,350.00 and gave the company a “buy” rating in a research report on Monday, September 29th. Wall Street Zen downgraded shares of BlackRock from a “hold” rating to a “sell” rating in a report on Monday, January 5th. UBS Group boosted their price objective on BlackRock from $1,180.00 to $1,218.00 and gave the stock a “neutral” rating in a research report on Monday. Finally, BMO Capital Markets increased their target price on BlackRock from $1,280.00 to $1,300.00 and gave the company an “outperform” rating in a research report on Tuesday, October 21st. Seventeen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,315.35.

BlackRock Price Performance

BLK stock opened at $1,089.12 on Tuesday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 3.33 and a current ratio of 3.33. The business has a 50-day simple moving average of $1,067.46 and a two-hundred day simple moving average of $1,103.30. The company has a market capitalization of $168.98 billion, a P/E ratio of 28.01, a price-to-earnings-growth ratio of 1.57 and a beta of 1.47. BlackRock has a 52-week low of $773.74 and a 52-week high of $1,219.94.

BlackRock (NYSE:BLK) last released its earnings results on Tuesday, October 14th. The asset manager reported $11.55 EPS for the quarter, missing analysts’ consensus estimates of $11.78 by ($0.23). The business had revenue of $6.51 billion for the quarter, compared to the consensus estimate of $6.22 billion. BlackRock had a return on equity of 14.80% and a net margin of 26.64%.The company’s revenue for the quarter was up 25.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $11.46 earnings per share. Research analysts expect that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Friday, December 5th were paid a $5.21 dividend. This represents a $20.84 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Friday, December 5th. BlackRock’s payout ratio is currently 53.59%.

Insiders Place Their Bets

In related news, Director Rachel Lord sold 12,000 shares of the stock in a transaction on Monday, October 20th. The shares were sold at an average price of $1,165.04, for a total transaction of $13,980,480.00. Following the transaction, the director owned 7,205 shares of the company’s stock, valued at approximately $8,394,113.20. This trade represents a 62.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Martin Small sold 1,258 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $1,043.38, for a total value of $1,312,572.04. Following the transaction, the chief financial officer owned 6,209 shares in the company, valued at approximately $6,478,346.42. The trade was a 16.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.98% of the stock is owned by corporate insiders.

BlackRock News Roundup

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Analysts expect Q4 revenue and earnings to benefit from strong inflows and AUM growth, which supports fee revenue and margin outlook ahead of results. Inflows, AUM Growth Likely to Support BlackRock’s Q4 Earnings
• Positive Sentiment: BlackRock is cutting roughly 1% of its staff (hundreds of roles) as it reshapes operations — a modest reduction that can be viewed as margin-accretive cost control rather than large-scale restructuring. BlackRock to trim roughly 1% of staff as it reshapes business – Bloomberg
• Neutral Sentiment: Wall Street note on key metrics ahead of the Q4 print gives investors checkpoints (flows, margins, active vs. index mix) to judge whether results beat current expectations. Ahead of BlackRock (BLK) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
• Neutral Sentiment: Regulatory filings disclose incremental sub?5% holdings structures in Stora Enso and an ownership threshold breach in Orion, which are routine disclosure items for a large asset manager and unlikely to move BLK materially by themselves. BlackRock Discloses Sub?5% Indirect Holdings Structure in Stora Enso Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securities Market Act (BlackRock, Inc.)
• Neutral Sentiment: Rick Rieder’s public comments that the Fed should cut rates toward ~3% and his reported interview for a Fed chair role raise BlackRock’s profile and could influence market expectations for rates — this is more macro-facing than company-specific. Trump to interview BlackRock’s Rieder for Fed chair role, Fox Business reports BlackRock’s Rieder repeats his view that Fed needs to bring interest rates down to 3%
• Negative Sentiment: Political risk: coverage of President Trump’s proposed limits on institutional home buying and commentary about BlackRock’s role in housing policy can raise regulatory/political scrutiny and pose potential business/reputational risk. How Trump’s Proposed Ban On Institutional Home Buying At BlackRock (BLK) Has Changed Its Investment Story
• Negative Sentiment: BlackRock flags how rising AI power demand could upend bitcoin-mining economics — a negative for crypto-linked products and any exposure to mining-centric strategies. BlackRock Sees AI Power Demand Disrupting Bitcoin Mining Model

BlackRock 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.