BlackRock $BLK Stock Position Boosted by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of BlackRock (NYSE:BLK - Free Report) by 5.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 317,625 shares of the asset manager's stock after purchasing an additional 16,343 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.20% of BlackRock worth $344,642,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of BLK. Vanguard Group Inc. grew its holdings in BlackRock by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 14,062,677 shares of the asset manager's stock worth $15,051,846,000 after acquiring an additional 221,123 shares during the period. Capital International Investors lifted its holdings in BlackRock by 0.6% in the 3rd quarter. Capital International Investors now owns 1,841,088 shares of the asset manager's stock valued at $2,146,663,000 after acquiring an additional 10,591 shares during the last quarter. Oak Harvest Investment Services boosted its position in shares of BlackRock by 12,176.1% during the 4th quarter. Oak Harvest Investment Services now owns 1,595,153 shares of the asset manager's stock valued at $1,707,356,000 after purchasing an additional 1,582,159 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of BlackRock by 13.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,213,561 shares of the asset manager's stock worth $1,414,854,000 after purchasing an additional 143,126 shares during the last quarter. Finally, Legal & General Group Plc raised its holdings in shares of BlackRock by 4.5% in the 3rd quarter. Legal & General Group Plc now owns 913,121 shares of the asset manager's stock worth $1,064,580,000 after purchasing an additional 39,412 shares in the last quarter. Institutional investors own 80.69% of the company's stock.

Insider Buying and Selling at BlackRock

In related news, COO Robert L. Goldstein sold 5,293 shares of the business's stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $1,084.22, for a total value of $5,738,776.46. Following the completion of the sale, the chief operating officer owned 46,185 shares of the company's stock, valued at approximately $50,074,700.70. The trade was a 10.28% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, President Robert Kapito sold 8,739 shares of the firm's stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $1,056.60, for a total transaction of $9,233,627.40. Following the transaction, the president directly owned 210,186 shares in the company, valued at approximately $222,082,527.60. The trade was a 3.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 106,911 shares of company stock worth $114,670,698 over the last quarter. Insiders own 1.92% of the company's stock.

Key Headlines Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Larry Fink said BlackRock is partnering with a hyperscaler to build data centers, a move that could diversify revenue, deepen cloud/AI infrastructure ties and signal new fee or custody opportunities once announced later this week. BlackRock's Larry Fink hints at a coming partnership with a hyperscaler
• Positive Sentiment: BlackRock-led institutional flows into U.S. spot Bitcoin ETFs remain strong (multi-day inflows), underscoring product-market dominance for IBIT and supporting fee growth from ETF AUM expansion. This is a near-term driver of asset-gathering momentum. BlackRock And Fidelity Lead $532 Million In Institutional Bitcoin ETF Inflows
• Positive Sentiment: BlackRock split shares of two popular iShares ETFs to make them more accessible to retail investors — a tactical move that can broaden retail participation and potentially boost passive AUM over time. These 2 BlackRock ETFs Get More Accessible After Stock Splits
• Positive Sentiment: Senior BlackRock executives are upbeat on AI-driven demand and emphasize broad secular opportunities beyond headline names, which supports the firm’s equity research and product positioning in AI-related strategies. ‘Like 10 Manhattan Projects going off all at once’: AI is rewiring the entire global economy
• Neutral Sentiment: Rick Rieder (head of fixed income) said he expects the 10-year Treasury to drop toward ~4%, a call that, if realized, would buoy bond returns and fixed-income fund performance but depends on Fed policy and macro surprises. Impact is directional but uncertain. BlackRock's Rieder Sees 10-Year Yield Dropping to 4%
• Neutral Sentiment: DTCC’s tokenization pilot (with BlackRock among participants) signals long-term institutional interest in tokenized securities infrastructure; meaningful revenue is possible but likely further out. DTCC eyes October tokenized securities launch with 50 DeFi and TradFi giants
• Negative Sentiment: Technicals and market positioning likely pressured the stock today: BLK is trading below its 200-day moving average, volume is lighter than average, and investors may be taking profits after recent gains — a short-term headwind for the share price.

Wall Street Analyst Weigh In

Several analysts recently commented on BLK shares. Freedom Capital raised shares of BlackRock from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 23rd. Barclays upped their price target on BlackRock from $1,290.00 to $1,310.00 and gave the company an "overweight" rating in a report on Wednesday, April 15th. CICC Research raised their price objective on BlackRock from $1,000.00 to $1,250.00 in a research note on Tuesday, February 3rd. Keefe, Bruyette & Woods lifted their target price on BlackRock from $1,150.00 to $1,240.00 and gave the stock an "outperform" rating in a report on Wednesday, April 15th. Finally, Jefferies Financial Group cut their target price on BlackRock from $1,351.00 to $1,199.00 and set a "buy" rating on the stock in a research report on Wednesday, April 8th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $1,269.06.

BlackRock Trading Down 0.3%

NYSE BLK opened at $1,048.73 on Wednesday. The firm's 50 day moving average price is $1,006.99 and its two-hundred day moving average price is $1,058.31. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.98 and a current ratio of 2.98. BlackRock has a twelve month low of $906.57 and a twelve month high of $1,219.94. The stock has a market cap of $163.12 billion, a price-to-earnings ratio of 26.32, a PEG ratio of 1.37 and a beta of 1.44.

BlackRock (NYSE:BLK - Get Free Report) last issued its quarterly 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 return on equity of 14.96% and a net margin of 24.40%.The business had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $6.56 billion. During the same quarter in the previous year, the company posted $9.64 earnings per share. BlackRock's revenue for the quarter was up 27.0% compared to the same quarter last year. Equities analysts anticipate that BlackRock will post 52.77 EPS for the current year.

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.

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