Generali Asset Management SPA SGR Increases Stock Holdings in BlackRock $BLK

Generali Asset Management SPA SGR lifted its stake in shares of BlackRock (NYSE:BLK - Free Report) by 12.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,071 shares of the asset manager's stock after buying an additional 1,684 shares during the period. Generali Asset Management SPA SGR's holdings in BlackRock were worth $16,131,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of BLK. Oak Harvest Investment Services boosted its position in shares of BlackRock by 12,176.1% during the fourth quarter. Oak Harvest Investment Services now owns 1,595,153 shares of the asset manager's stock valued at $1,707,356,000 after buying an additional 1,582,159 shares during the last quarter. Viking Global Investors LP boosted its position in shares of BlackRock by 217.5% during the third quarter. Viking Global Investors LP now owns 619,492 shares of the asset manager's stock valued at $722,247,000 after buying an additional 424,388 shares during the last quarter. Parkside Financial Bank & Trust boosted its position in shares of BlackRock by 29,043.2% during the third quarter. Parkside Financial Bank & Trust now owns 245,094 shares of the asset manager's stock valued at $285,748,000 after buying an additional 244,253 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of BlackRock by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 14,062,677 shares of the asset manager's stock valued at $15,051,846,000 after buying an additional 221,123 shares during the last quarter. Finally, Amundi boosted its position in shares of BlackRock by 39.5% during the third quarter. Amundi now owns 547,249 shares of the asset manager's stock valued at $645,354,000 after buying an additional 154,907 shares during the last quarter. Hedge funds and other institutional investors own 80.69% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on BLK. Keefe, Bruyette & Woods lifted their target price on BlackRock from $1,150.00 to $1,240.00 and gave the company an "outperform" rating in a research report on Wednesday, April 15th. JPMorgan Chase & Co. cut their target price on BlackRock from $1,269.00 to $1,128.00 and set a "neutral" rating on the stock in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft boosted their price objective on BlackRock from $1,296.00 to $1,380.00 in a research report on Thursday, January 15th. UBS Group boosted their price objective on BlackRock from $1,235.00 to $1,270.00 and gave the stock a "buy" rating in a research report on Wednesday, April 15th. Finally, The Goldman Sachs Group boosted their price objective on BlackRock from $1,181.00 to $1,313.00 and gave the stock a "buy" rating in a research report on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $1,269.06.

BlackRock News Summary

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock expanded Aladdin private‑credit capabilities on Preqin, giving clients unified data, benchmarks and analytics for private credit — a commercial win that could boost fee‑generating platform demand. Aladdin Expands Private Credit on Preqin
• Positive Sentiment: BlackRock’s research and advisor guidance highlighting Bitcoin, gold and liquid alternatives as diversifiers may drive client interest and product flows into crypto‑linked and alternative strategies. BlackRock Flags Bitcoin as 60/40 Weakens
• Positive Sentiment: Reports say BlackRock plans to buy a dollar bond issuance from Shapoorji Pallonji’s unit — a sign of active credit deployment in emerging markets and potential fee/income from private debt deals. BlackRock to Invest in Shapoorji Pallonji Unit
• Neutral Sentiment: BlackRock launched a $30M philanthropic initiative in Texas (BlackRock Future Builders) — positive PR and community investment but limited direct impact on near‑term earnings. BlackRock Philanthropic Initiative in Texas
• Neutral Sentiment: Coverage highlights BlackRock as an industry leader amid fee pressure and digital transformation (Zacks, Yahoo analyses). Helpful for institutional positioning but not an immediate catalyst. Zacks Industry Outlook Highlights BlackRock
• Negative Sentiment: BlackRock cut the value of a publicly traded private‑credit fund by about 5% for Q1 amid markdowns on loans to struggling software companies — a near‑term hit to asset values and investor confidence in private credit exposure. BlackRock Cut Private Credit Fund Value by 5%
• Negative Sentiment: Separate reports show a souring loan in China that’s testing a BlackRock Asia private‑credit fund’s recovery efforts — raises concerns about non‑performing private loans in the region. Fund Faces Test Recovering Defaulted China Loan
• Negative Sentiment: BlackRock TCP Capital (managed BDC exposure) reported nonaccruals and marked valuations; the publicly traded vehicle declared a dividend but the underlying markdowns spotlight credit risk in parts of BlackRock’s private/debt franchise. BlackRock TCP Capital Targets Leverage, Reports Nonaccruals

BlackRock Stock Down 0.5%

BLK stock opened at $1,068.62 on Friday. The stock's fifty day simple moving average is $1,006.83 and its two-hundred day simple moving average is $1,056.97. 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 1-year low of $917.39 and a 1-year high of $1,219.94. The stock has a market cap of $166.21 billion, a P/E ratio of 26.82, a P/E/G ratio of 1.40 and a beta of 1.44.

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

Insider Transactions at BlackRock

In other BlackRock news, COO Robert L. Goldstein sold 5,293 shares of the business's stock in a transaction 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 sale, the chief operating officer directly owned 46,185 shares in the company, valued at $50,074,700.70. The trade was a 10.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director J. Richard Kushel sold 385 shares of the business's stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $1,084.91, for a total value of $417,690.35. Following the completion of the sale, the director owned 3,335 shares in the company, valued at approximately $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. Over the last 90 days, insiders sold 106,911 shares of company stock valued at $114,670,698. 1.92% of the stock is currently owned by insiders.

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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