Flossbach Von Storch SE Has $108.60 Million Stock Position in BlackRock $BLK

Key Points

• Flossbach Von Storch SE reduced its BlackRock stake by 21.4% in Q4, selling 27,697 shares and now holding 101,460 shares worth about $108.6 million.
• Positive company momentum: BlackRock beat Q1 estimates (EPS $12.53 vs. $12.40; revenue $6.70B vs. $6.56B, revenue +27% YoY) and has seen strong inflows into its IBIT bitcoin ETF (over $2.1B in the last 9 trading days) plus a distribution win with Colombia’s Porvenir, supporting AUM and fee growth.
• Notable insider selling: COO Robert Goldstein sold 54,190 shares (~$58.9M) and insiders have sold 64,272 shares (~$69.8M) in the last 90 days, though insiders still own about 1.92% of the company.

Flossbach Von Storch SE reduced its stake in shares of BlackRock (NYSE:BLK - Free Report) by 21.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 101,460 shares of the asset manager's stock after selling 27,697 shares during the quarter. Flossbach Von Storch SE owned 0.07% of BlackRock worth $108,597,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Wealthfront Advisers LLC increased its holdings in shares of BlackRock by 0.6% during the 4th quarter. Wealthfront Advisers LLC now owns 20,582 shares of the asset manager's stock worth $22,030,000 after purchasing an additional 113 shares during the period. Certuity LLC lifted its stake in shares of BlackRock by 5.1% in the fourth quarter. Certuity LLC now owns 560 shares of the asset manager's stock valued at $600,000 after buying an additional 27 shares during the period. Torren Management LLC bought a new stake in shares of BlackRock in the fourth quarter valued at about $41,000. Ares Financial Consulting LLC acquired a new stake in BlackRock during the fourth quarter worth about $45,000. Finally, R Squared Ltd bought a new position in BlackRock during the fourth quarter valued at about $3,506,000. 80.69% of the stock is currently owned by institutional investors and hedge funds.

Key BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Colombia’s largest pension fund, Porvenir, is allowing affiliates to gain exposure to Bitcoin via BlackRock’s IBIT ETF — a distribution win that can drive incremental AUM and fee revenue from Latin America. Colombia’s Largest Pension Fund, Porvenir, Moves into Bitcoin via BlackRock’s IBIT ETF
• Positive Sentiment: Open interest and recent inflows into BlackRock’s IBIT bitcoin ETF have surged (over $2.1B inflows in the last 9 trading days), signaling strong retail and institutional demand that supports recurring fee income and trading-related revenue. Open interest on BlackRock's bitcoin ETF options reaches new heights
• Positive Sentiment: Analyst and earnings coverage highlights BlackRock’s recent Q1 beat and positions it among asset managers likely to post upside—supporting investor confidence in fee growth and EPS momentum. 3 Asset Management Stocks Set to Pull Off Earnings Beat in Q1
• Neutral Sentiment: Coverage on BlackRock as a dividend stock and demand for its dividend-focused ETFs highlights steady shareholder-return narratives, which support longer-term investor interest but are less likely to move the stock intraday. BlackRock (BLK) is a Top Dividend Stock Right Now: Should You Buy?
• Neutral Sentiment: Product expansion (new ASEAN systematic active equity strategy fund) and continued development of dividend/high-yield ETFs broaden product suite; positive for AUM diversification but gradual in impact. EQDP fund manager BlackRock launches Asean systematic active equity strategy fund
• Neutral Sentiment: Macro focus on central bank decisions and bond-market signals could influence asset-allocation flows into equities and fixed income, creating a mixed backdrop for asset managers like BlackRock. Bond Traders Eye Packed Week of Rate Decisions for Sell Signals
• Negative Sentiment: Competitive risk: coverage flags Morgan Stanley’s MSBT ETF as a potential challenger to BlackRock’s IBIT, which could pressure market share and fee leadership in the long run if competitors gain traction. Bitcoin ETF: Three Reasons Morgan Stanley's MSBT Could Overtake BlackRock's IBIT BTC ETF

BlackRock Trading Up 1.2%

BLK stock opened at $1,057.34 on Tuesday. BlackRock has a 1-year low of $893.93 and a 1-year 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 business's 50 day moving average is $1,009.79 and its 200-day moving average is $1,061.68. The firm has a market cap of $164.46 billion, a P/E ratio of 26.54, a P/E/G ratio of 1.36 and a beta of 1.48.

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

Wall Street Analyst Weigh In

A number of analysts have commented on BLK shares. Jefferies Financial Group reduced their price objective on BlackRock from $1,351.00 to $1,199.00 and set a "buy" rating for the company in a research report on Wednesday, April 8th. UBS Group boosted their price objective on BlackRock from $1,235.00 to $1,270.00 and gave the company a "buy" rating in a research report on Wednesday, April 15th. Barclays upped their target price on BlackRock from $1,290.00 to $1,310.00 and gave the company an "overweight" rating in a research note on Wednesday, April 15th. BNP Paribas Exane raised their target price on BlackRock from $1,290.00 to $1,300.00 and gave the stock an "outperform" rating in a research report on Thursday, January 15th. Finally, Keefe, Bruyette & Woods lifted their price target 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. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $1,269.06.

Insider Buying and Selling at BlackRock

In other BlackRock news, COO Robert L. Goldstein sold 54,190 shares of the company's stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $1,087.29, for a total transaction of $58,920,245.10. Following the sale, the chief operating officer directly owned 51,478 shares of the company's stock, valued at approximately $55,971,514.62. This represents a 51.28% 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 link. Also, Director Stephen Cohen sold 2,179 shares of the firm's stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $1,073.87, for a total transaction of $2,339,962.73. Following the sale, the director directly owned 6,543 shares of the company's stock, valued at approximately $7,026,331.41. The trade was a 24.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 64,272 shares of company stock worth $69,823,426 over the last ninety days. Corporate insiders own 1.92% of the company's stock.

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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