Twin City Private Wealth LLC Sells 513 Shares of BlackRock $BLK

Twin City Private Wealth LLC lessened its holdings in shares of BlackRock (NYSE:BLK) by 23.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,706 shares of the asset manager’s stock after selling 513 shares during the period. BlackRock accounts for about 1.6% of Twin City Private Wealth LLC’s portfolio, making the stock its 22nd largest position. Twin City Private Wealth LLC’s holdings in BlackRock were worth $1,988,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Westerkirk Capital Inc. acquired a new position in BlackRock during the second quarter worth $2,877,000. Police & Firemen s Retirement System of New Jersey boosted its stake in shares of BlackRock by 7.9% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 23,167 shares of the asset manager’s stock worth $24,308,000 after buying an additional 1,693 shares during the last quarter. Investment Research & Advisory Group Inc. acquired a new stake in shares of BlackRock in the third quarter valued at about $6,201,000. California Public Employees Retirement System raised its holdings in BlackRock by 8.2% during the second quarter. California Public Employees Retirement System now owns 256,937 shares of the asset manager’s stock worth $269,591,000 after acquiring an additional 19,404 shares in the last quarter. Finally, Liberty One Investment Management LLC grew its stake in BlackRock by 29.3% in the third quarter. Liberty One Investment Management LLC now owns 6,748 shares of the asset manager’s stock valued at $7,867,000 after purchasing an additional 1,529 shares in the last quarter. Institutional investors own 80.69% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on BLK. Wall Street Zen upgraded shares of BlackRock from a “sell” rating to a “hold” rating in a report on Saturday, January 17th. Freedom Capital upgraded shares of BlackRock from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 23rd. Weiss Ratings reissued a “buy (b-)” rating on shares of BlackRock in a report on Monday, December 29th. Jefferies Financial Group reiterated a “buy” rating and issued a $1,351.00 price objective on shares of BlackRock in a research note on Friday, January 16th. Finally, Argus boosted their price objective on shares of BlackRock from $1,165.00 to $1,330.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,314.71.

BlackRock Price Performance

BLK stock opened at $1,117.52 on Friday. The company’s 50-day moving average price is $1,088.14 and its two-hundred day moving average price is $1,107.67. The firm has a market cap of $173.38 billion, a P/E ratio of 31.55, a P/E/G ratio of 1.41 and a beta of 1.47. The company has a quick ratio of 3.33, a current ratio of 3.33 and a debt-to-equity ratio of 0.34. BlackRock has a 12 month low of $773.74 and a 12 month high of $1,219.94.

BlackRock (NYSE:BLK) last issued its quarterly earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $12.55 by $0.61. The company had revenue of $6.33 billion for the quarter, compared to analyst estimates of $6.80 billion. BlackRock had a return on equity of 15.14% and a net margin of 22.93%.The company’s revenue for the quarter was up 23.4% compared to the same quarter last year. During the same quarter last year, the company posted $11.93 EPS. On average, analysts anticipate that BlackRock will post 47.41 earnings per share for the current fiscal year.

BlackRock Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Friday, March 6th will be given a dividend of $5.73 per share. The ex-dividend date is Friday, March 6th. This represents a $22.92 dividend on an annualized basis and a yield of 2.1%. This is a positive change from BlackRock’s previous quarterly dividend of $5.21. BlackRock’s dividend payout ratio is currently 58.84%.

More BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock and Partners Group rolled out a first?of?its?kind private markets SMA for wealthy investors, offering three portfolio mixes (income, balanced growth, growth) and access to funds from BlackRock, HPS and Partners Group — a move that can expand fee?bearing AUM and wealthy?client distribution channels. BlackRock and Partners Group Launch Joint Private Markets Account for Wealthy Investors
• Positive Sentiment: Multiple outlets report the new SMAs and wealth?platform integrations that widen private?markets access for high?net?worth clients — an incremental distribution channel that could raise recurring fees and retention. BlackRock, Partners Group roll out private markets SMA
• Positive Sentiment: BlackRock is adding profit?sharing for private?markets staff to compete with Apollo, Blackstone, KKR and others — a deliberate push to retain and hire alts talent, which supports long?term growth in higher?margin alternative products. $14 trillion asset manager BlackRock unveils its newest weapon in Wall Street ‘alts’ talent war: profit sharing from private markets
• Neutral Sentiment: Institutional activity tied to BlackRock’s BUIDL fund boosted tokenized real?world assets on Avalanche (TVL up sharply), highlighting BlackRock’s push into tokenization and digital liquidity even as the native token underperformed — strategic innovation that could open new product lines but carries crypto execution risk. BlackRock’s BUIDL aids Avalanche tokenization value boom in Q4
• Neutral Sentiment: Speculation that BlackRock might enter a spot XRP ETF by late?2026 reflects ongoing crypto product optionality; this signals potential future revenue streams but is timing?and?demand dependent. BlackRock XRP ETF Next? Canary CEO Eyes Late 2026
• Negative Sentiment: A WSJ report highlighted a recent BlackRock loss and a 19% write?down in a private?credit position that had previously been marked at full value — reigniting investor worries about valuation transparency and downside in private?credit portfolios, which likely drove some of today’s selling pressure. How a BlackRock Loss Reignited Worries About What Is Hiding in Private-Credit

Insider Activity at BlackRock

In other BlackRock news, Director J. Richard Kushel sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $1,125.00, for a total value of $22,500,000.00. Following the sale, the director owned 61,894 shares in the company, valued at $69,630,750. This trade represents a 24.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Martin Small sold 27,047 shares of the business’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $1,171.14, for a total transaction of $31,675,823.58. Following the sale, the chief financial officer directly owned 10,557 shares in the company, valued at approximately $12,363,724.98. The trade was a 71.93% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 48,305 shares of company stock valued at $55,488,396. 1.98% of the stock is owned by insiders.

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.