Turtle Creek Wealth Advisors LLC Buys 1,224 Shares of BlackRock $BLK

Turtle Creek Wealth Advisors LLC lifted its stake in shares of BlackRock (NYSE:BLK) by 8.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 15,502 shares of the asset manager’s stock after purchasing an additional 1,224 shares during the quarter. BlackRock makes up 1.3% of Turtle Creek Wealth Advisors LLC’s portfolio, making the stock its 15th largest position. Turtle Creek Wealth Advisors LLC’s holdings in BlackRock were worth $16,592,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Investment Research & Advisory Group Inc. bought a new position in BlackRock in the 3rd quarter worth about $6,201,000. Lingohr Asset Management GmbH purchased a new stake in BlackRock during the 3rd quarter valued at about $700,000. Ontario Teachers Pension Plan Board boosted its holdings in BlackRock by 6,347.9% during the 3rd 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 boosted its holdings in BlackRock by 51.5% during the 3rd 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. purchased a new stake in BlackRock during the 3rd quarter valued at about $83,247,000. 80.69% of the stock is currently owned by institutional investors.

Insider Buying and Selling at BlackRock

In other BlackRock news, Director J. Richard Kushel sold 2,000 shares of BlackRock stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $1,083.05, for a total transaction of $2,166,100.00. Following the completion of 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Robert L. Goldstein sold 54,190 shares of BlackRock stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $1,087.29, for a total value of $58,920,245.10. Following the transaction, the chief operating officer owned 51,478 shares of the company’s stock, valued at $55,971,514.62. The trade was a 51.28% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 64,272 shares of company stock worth $69,823,426. 1.92% of the stock is owned by insiders.

BlackRock News Roundup

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: U.S. spot Bitcoin ETFs — led by offerings including BlackRock’s iShares trust — logged a seven-day inflow streak totaling about $1.9B, signaling sustained demand that can boost BLK’s ETF AUM and fees. BlackRock drives 7-day Bitcoin ETF inflow streak as BTC nears $80,000
• Positive Sentiment: Reports say BlackRock purchased roughly $900M of Bitcoin — a direct balance-sheet/ETF-related buy that supports ETFs’ NAVs and underscores active participation in the institutional crypto market. BlackRock buys $900M in Bitcoin, boosting April 2026 $80K odds
• Positive Sentiment: BMO Capital Markets raised its price target on BLK to $1,250, reflecting upward analyst sentiment after strong Q1 results and ETF momentum — a catalyst for investor confidence. BMO Capital Markets Raises BlackRock (NYSE:BLK) Price Target to $1,250.00
• Positive Sentiment: Dividend-focused BlackRock ETFs and income funds continue to attract yield-seeking flows, supporting diverse AUM growth beyond crypto. 3 Best BlackRock Dividend ETFs Offering Over 6% Passive Income in 2026
• Neutral Sentiment: Q1 2026 earnings were strong (revenue and EPS beats), supporting the bullish setup, but the stock is already pricing in some of that upside. BlackRock (BLK) Q4 2025 Earnings Transcript
• Neutral Sentiment: Portfolio manager Rie Shigekawa warned of yen weakness risk if the BOJ miscommunicates ahead of a possible June rate hike — a macro factor that could affect international returns and currency translation. BlackRock’s Shigekawa Sees Risk to Yen on BOJ Miscommunication
• Neutral Sentiment: BlackRock highlights AI-driven operational changes internally — long-term efficiency upside but not an immediate earnings driver. Inside BlackRock’s AI Transformation
• Negative Sentiment: Competitor Strategy (MSTR) has surged its Bitcoin holdings and briefly surpassed BlackRock as the largest institutional Bitcoin holder — a sign of competitive pressure in the institutional crypto race that could cap BLK’s dominance. Bitcoin News: Strategy Just Passed BlackRock as the Largest Bitcoin Holder in the World

BlackRock Trading Up 0.1%

NYSE BLK traded up $0.96 on Thursday, hitting $1,063.43. The company’s stock had a trading volume of 55,335 shares, compared to its average volume of 850,378. BlackRock has a 52-week low of $892.91 and a 52-week high of $1,219.94. The company has a current ratio of 2.98, a quick ratio of 2.98 and a debt-to-equity ratio of 0.37. The company’s 50-day simple moving average is $1,010.63 and its 200 day simple moving average is $1,064.88. The firm has a market cap of $165.41 billion, a P/E ratio of 26.70, a PEG ratio of 1.36 and a beta of 1.48.

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

Wall Street Analyst Weigh In

BLK has been the subject of several analyst reports. BMO Capital Markets increased their target price on BlackRock from $1,200.00 to $1,250.00 and gave the company an “outperform” rating in a report on Monday. TD Cowen dropped their target price on BlackRock from $1,238.00 to $1,105.00 and set a “hold” rating for the company in a report on Thursday, April 9th. Morgan Stanley increased their target price on BlackRock from $1,368.00 to $1,393.00 and gave the company an “overweight” rating in a report on Wednesday, April 15th. Freedom Capital upgraded BlackRock from a “hold” rating to a “strong-buy” rating in a report on Friday, January 23rd. Finally, Jefferies Financial Group dropped their target price on BlackRock from $1,351.00 to $1,199.00 and set a “buy” rating for the company in a report on Wednesday, April 8th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,269.06.

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.