Brevan Howard Capital Management LP Invests $4.90 Million in BlackRock $BLK

Key Points

• Brevan Howard Capital Management LP opened a new position in BlackRock in Q3, acquiring 4,202 shares valued at about $4.9 million.
• BlackRock beat quarterly estimates (EPS $13.16 vs. $12.55 est.; revenue $7.01B vs. $6.80B), with revenue up 23.4% year‑over‑year, and raised its quarterly dividend to $5.73 ($22.92 annualized, ~2.5% yield).
• CFO Martin Small sold 27,047 shares for roughly $31.7 million (a 71.9% reduction in his holding); insiders have sold 111,319 shares totaling about $124 million over the last quarter.

Brevan Howard Capital Management LP acquired a new position in BlackRock (NYSE:BLK - Free Report) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 4,202 shares of the asset manager's stock, valued at approximately $4,899,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Pacifica Partners Inc. boosted its position in BlackRock by 450.0% during the 3rd quarter. Pacifica Partners Inc. now owns 22 shares of the asset manager's stock worth $25,000 after acquiring an additional 18 shares during the period. TruNorth Capital Management LLC raised its stake in shares of BlackRock by 1,000.0% during the third quarter. TruNorth Capital Management LLC now owns 22 shares of the asset manager's stock valued at $26,000 after purchasing an additional 20 shares in the last quarter. Traub Capital Management LLC acquired a new stake in BlackRock in the second quarter worth about $28,000. Howard Hughes Medical Institute acquired a new stake in BlackRock in the second quarter worth about $33,000. Finally, Hopwood Financial Services Inc. grew its position in BlackRock by 866.7% in the 3rd quarter. Hopwood Financial Services Inc. now owns 29 shares of the asset manager's stock valued at $34,000 after buying an additional 26 shares in the last quarter. Institutional investors own 80.69% of the company's stock.

BlackRock Stock Performance

NYSE:BLK opened at $922.79 on Monday. The company has a 50-day moving average of $1,075.75 and a 200-day moving average of $1,092.23. The firm has a market cap of $143.53 billion, a price-to-earnings ratio of 26.05, a price-to-earnings-growth ratio of 1.18 and a beta of 1.48. The company has a current ratio of 2.98, a quick ratio of 2.98 and a debt-to-equity ratio of 0.37. BlackRock has a twelve month low of $773.74 and a twelve month high of $1,219.94.

BlackRock (NYSE:BLK - Get Free Report) last released its earnings results on Thursday, January 15th. The asset manager reported $13.16 EPS for the quarter, topping analysts' consensus estimates of $12.55 by $0.61. The business had revenue of $7.01 billion for the quarter, compared to the consensus estimate of $6.80 billion. BlackRock had a net margin of 22.93% and a return on equity of 14.78%. The business's revenue for the quarter was up 23.4% on a year-over-year basis. During the same period in the previous year, the firm earned $11.93 EPS. Analysts forecast 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. Stockholders of record on Friday, March 6th will be given a dividend of $5.73 per share. This is a boost from BlackRock's previous quarterly dividend of $5.21. The ex-dividend date is Friday, March 6th. This represents a $22.92 dividend on an annualized basis and a dividend yield of 2.5%. BlackRock's payout ratio is currently 64.71%.

Insider Buying and Selling

In other news, CFO Martin Small sold 27,047 shares of the firm'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 completion of the sale, the chief financial officer directly owned 10,557 shares of the company's stock, valued at $12,363,724.98. This trade represents a 71.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director J. Richard Kushel sold 385 shares of BlackRock stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $1,084.91, for a total value of $417,690.35. Following the completion of the transaction, the director owned 3,335 shares in the company, valued at $3,618,174.85. The trade was a 10.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 111,319 shares of company stock worth $123,999,249 over the last quarter. 1.98% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts have commented on BLK shares. Bank of America boosted their price target on shares of BlackRock from $1,456.00 to $1,464.00 in a research report on Wednesday, December 10th. BMO Capital Markets decreased their price objective on shares of BlackRock from $1,300.00 to $1,250.00 and set an "outperform" rating for the company in a report on Tuesday, January 13th. JPMorgan Chase & Co. boosted their target price on BlackRock from $1,244.00 to $1,267.00 and gave the stock a "neutral" rating in a report on Friday, January 9th. TD Cowen downgraded BlackRock from a "buy" rating to a "hold" rating in a research report on Wednesday, January 14th. Finally, BNP Paribas Exane increased their price target on BlackRock from $1,290.00 to $1,300.00 and gave the company an "outperform" rating in a research note on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $1,308.89.

Key BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Launch of iShares Staked Ethereum Trust (ETHB) expands BlackRock’s crypto product lineup and produced a solid debut (~$15.5M day‑one volume), a positive revenue/flows catalyst if assets scale. BlackRock’s New Staked Ethereum ETF (ETHB) Sees ‘Very, Very Solid’ $15.5 Million Debut, Says Analyst
• Positive Sentiment: Crypto market coverage notes whale ETH accumulation alongside the ETHB launch — bullish for BlackRock’s digital asset distribution and potential fee/flow growth. Ethereum (ETH) Sees Major Whale Buying as BlackRock Launches Staked ETF Product
• Positive Sentiment: Market reaction to BlackRock CIO calls (and related portfolio positioning) has helped lift some sector indices (clean energy) — indicative of the firm’s market influence and potential to drive ETF flows. Clean Energy Index Jumps 61% After BlackRock CIO's Contrarian Call
• Neutral Sentiment: Regulatory disclosures show BlackRock holds ~10–11% capital/voting stakes in Qiagen — a standard large‑holder filing that is notable but not an immediate company revenue driver. BlackRock Reports 10.6% Capital and 11.8% Voting Stake in Qiagen
• Neutral Sentiment: BlackRock Canada announced index/methodology changes to three CAD‑hedged iShares funds — routine product updates with limited near‑term impact on BLK’s consolidated results. BlackRock® Canada Announces Product Changes
• Negative Sentiment: Private‑credit stress: reporting that Morgan Stanley and BlackRock capped/limited withdrawals in some private‑credit vehicles has pressured asset managers and sparked concerns about redemptions, markdowns and fee revenue risk. This is a near‑term negative for BLK if private‑credit flows and valuations deteriorate. Exclusive: Morgan Stanley and BlackRock limit withdrawals—is private credit gating a crisis or market 'stabilizer'?
• Negative Sentiment: Market reaction: coverage highlights a BLK share pullback alongside weakness in private‑credit peers, signaling investor concern about the sector’s spillover to large asset managers. BlackRock Stock Slide As Private Credit Firms Tumble
• Negative Sentiment: Investor litigation alert: Pomerantz LLP is investigating claims on behalf of BlackRock investors — potential legal/PR risk that could distract management and create uncertainty. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of BlackRock, Inc. - BLK

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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