AXQ Capital LP Invests $2.50 Million in BlackRock $BLK

Key Points

• AXQ Capital LP initiated a new position in BlackRock during the fourth quarter, buying 2,337 shares valued at about $2.5 million. The stake represents roughly 0.6% of AXQ’s portfolio and its 11th-largest holding.
• Institutional interest in BlackRock remains strong, with 80.69% of the stock owned by institutional investors. Several other funds also added small new positions in the company during recent quarters.
• BlackRock recently reported better-than-expected quarterly earnings, while analysts remain broadly upbeat with a consensus Moderate Buy rating and a price target of about $1,269. The company also announced a quarterly dividend of $5.73 per share, payable June 23.

AXQ Capital LP bought a new position in shares of BlackRock (NYSE:BLK - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 2,337 shares of the asset manager's stock, valued at approximately $2,501,000. BlackRock accounts for about 0.6% of AXQ Capital LP's investment portfolio, making the stock its 11th biggest position.

Other hedge funds also recently made changes to their positions in the company. Birchbrook Inc. acquired a new stake in BlackRock in the fourth quarter valued at approximately $31,000. LFA Lugano Financial Advisors SA acquired a new position in shares of BlackRock during the fourth quarter worth $32,000. Basepoint Wealth LLC acquired a new position in shares of BlackRock during the fourth quarter worth $32,000. Hopwood Financial Services Inc. lifted its holdings in shares of BlackRock by 866.7% during the third quarter. Hopwood Financial Services Inc. now owns 29 shares of the asset manager's stock worth $34,000 after purchasing an additional 26 shares during the period. Finally, Collier Financial acquired a new position in shares of BlackRock during the third quarter worth $36,000. 80.69% of the stock is owned by institutional investors.

Key Stories Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock launched a $25 million national RFP through its Future Builders philanthropic initiative to expand America’s skilled trades workforce, highlighting continued capital deployment and brand-building around a long-term social impact effort. BlackRock Future Builders Launches $25 Million National RFP to Expand America’s Skilled Trades Workforce
• Neutral Sentiment: BlackRock TCP Capital completed a major CLO financing transaction, which is more relevant to TCPC than to BlackRock’s core asset-management earnings outlook. BlackRock TCP Capital Completes Major CLO Financing Transaction
• Neutral Sentiment: A market article noted that BlackRock has recently underperformed the Nasdaq, but also said analysts remain highly optimistic about the stock’s outlook. Is BlackRock Stock Underperforming the Nasdaq?
• Neutral Sentiment: BlackRock’s stock is also being affected by routine technical and market-factor commentary, including broader weakness in financial shares and an upcoming ex-dividend date. Sector Update: Financial Stocks Softer Late Afternoon Four Days Left To Buy BlackRock, Inc. NYSE: BLK Before The Ex-Dividend Date
• Negative Sentiment: BlackRock’s iShares Bitcoin Trust (IBIT) saw a large block sale and heavy ETF outflows, fueling concerns about near-term demand for the fund and weighing on sentiment around BlackRock’s fast-growing digital-asset franchise. Mystery Investor Offloads $1.26B in BlackRock Bitcoin ETF (IBIT) — Analysis Inside NYDIG suggests $1.3B IBIT sale was whale exiting directional trade Bitcoin (BTC) Spot ETFs Record $1.42B in Weekly Outflows as Price Tumbles to $73K
• Negative Sentiment: Another report said BlackRock’s crypto portfolio value has fallen by more than $13 billion in the first five months of 2026, reinforcing pressure on sentiment tied to digital-asset exposure. BlackRock crypto portfolio fell by over $13 billion in 5 months

Analyst Ratings Changes

A number of equities analysts recently weighed in on BLK shares. 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. Weiss Ratings raised shares of BlackRock from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, May 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. JPMorgan Chase & Co. decreased their price target on shares of BlackRock from $1,269.00 to $1,128.00 and set a "neutral" rating for the company in a research note on Monday, April 13th. Finally, BMO Capital Markets lifted their price target on shares of BlackRock from $1,200.00 to $1,250.00 and gave the company an "outperform" rating in a research note on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $1,269.06.

Insider Activity at BlackRock

In related news, CEO Laurence Fink sold 33,900 shares of the company'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 transaction of $35,613,645.00. Following the sale, the chief executive officer owned 230,516 shares of the company's stock, valued at approximately $242,168,583.80. This represents a 12.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, President Robert Kapito sold 8,739 shares of the company's stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $1,056.60, for a total transaction of $9,233,627.40. Following the sale, the president directly owned 210,186 shares in the company, valued at $222,082,527.60. This trade represents a 3.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.92% of the company's stock.

BlackRock Stock Down 2.4%

BLK opened at $1,021.31 on Tuesday. The company has a quick ratio of 4.09, a current ratio of 4.09 and a debt-to-equity ratio of 0.34. The stock has a market cap of $158.54 billion, a price-to-earnings ratio of 25.64, a PEG ratio of 1.36 and a beta of 1.42. BlackRock has a twelve month low of $917.39 and a twelve month high of $1,219.94. The company's 50-day moving average price is $1,030.75 and its two-hundred day moving average price is $1,053.05.

BlackRock (NYSE:BLK - Get Free Report) last released its earnings results on Tuesday, April 14th. The asset manager reported $12.53 earnings per share for the quarter, beating analysts' consensus estimates of $12.40 by $0.13. BlackRock had a net margin of 24.40% and a return on equity of 14.74%. The firm had revenue of $6.70 billion for the quarter, compared to analysts' expectations of $6.56 billion. During the same period in the previous year, the company earned $9.64 earnings per share. The company's quarterly revenue was up 27.0% on a year-over-year basis. As a group, equities analysts expect that BlackRock will post 52.8 earnings per share for the current year.

BlackRock Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Friday, June 5th will be given a $5.73 dividend. The ex-dividend date of this dividend is Friday, June 5th. This represents a $22.92 annualized dividend and a dividend yield of 2.2%. BlackRock's payout ratio is 57.53%.

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.

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