Mitsubishi UFJ Trust & Banking Corp Has $71.41 Million Stock Position in BlackRock $BLK

Key Points

• Mitsubishi UFJ Trust & Banking trimmed its stake in BlackRock by 2.0% in Q4, holding 66,721 shares valued at approximately $71.41 million after selling 1,373 shares.
• BlackRock beat Q1 estimates with $12.53 EPS (vs. $12.40 expected) and $6.70 billion in revenue (up 27% YoY), and analysts have net upgraded the stock to a "Moderate Buy" with an average price target near $1,269.
• Company insiders have been net sellers recently — COO Robert Goldstein sold 54,190 shares (~$58.9 million) and insiders sold a total of 64,272 shares (~$69.8 million) over the last 90 days, leaving insiders with about 1.92% ownership.

Mitsubishi UFJ Trust & Banking Corp lowered its holdings in shares of BlackRock (NYSE:BLK - Free Report) by 2.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 66,721 shares of the asset manager's stock after selling 1,373 shares during the period. Mitsubishi UFJ Trust & Banking Corp's holdings in BlackRock were worth $71,414,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC boosted its stake in shares of BlackRock by 23.1% during the 4th quarter. Brighton Jones LLC now owns 1,575 shares of the asset manager's stock worth $1,615,000 after acquiring an additional 296 shares during the period. Bison Wealth LLC increased its holdings in shares of BlackRock by 1.6% during the 4th quarter. Bison Wealth LLC now owns 1,052 shares of the asset manager's stock worth $1,078,000 after acquiring an additional 17 shares during the last quarter. Schnieders Capital Management LLC. bought a new stake in BlackRock in the 2nd quarter valued at $259,000. Nebula Research & Development LLC acquired a new stake in BlackRock during the 2nd quarter valued at $548,000. Finally, Osterweis Capital Management Inc. acquired a new stake in BlackRock during the 2nd quarter valued at $98,000. Institutional investors own 80.69% of the company's stock.

BlackRock Trading Up 1.2%

Shares of BlackRock stock opened at $1,057.34 on Tuesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.98 and a current ratio of 2.98. The firm has a 50-day moving average of $1,009.79 and a 200-day moving average of $1,061.68. BlackRock has a 52-week low of $893.93 and a 52-week high of $1,219.94. The stock has a market cap of $164.46 billion, a PE ratio of 26.54, a PEG ratio of 1.36 and a beta of 1.48.

BlackRock (NYSE:BLK - Get Free Report) last released its quarterly earnings results on Tuesday, April 14th. The asset manager reported $12.53 EPS for the quarter, topping analysts' consensus estimates of $12.40 by $0.13. The business had revenue of $6.70 billion for the quarter, compared to analyst estimates of $6.56 billion. BlackRock had a net margin of 24.40% and a return on equity of 14.96%. BlackRock's revenue for the quarter was up 27.0% compared to the same quarter last year. During the same period last year, the firm earned $9.64 earnings per share. As a group, sell-side analysts forecast that BlackRock will post 52.77 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Wall Street Zen upgraded shares of BlackRock from a "sell" rating to a "hold" rating in a report on Saturday, January 17th. The Goldman Sachs Group raised their target price on shares of BlackRock from $1,181.00 to $1,313.00 and gave the stock a "buy" rating in a research note on Wednesday, April 15th. BMO Capital Markets lifted their target price on shares of BlackRock from $1,200.00 to $1,250.00 and gave the stock an "outperform" rating in a report on Monday, April 20th. Weiss Ratings reiterated a "buy (b-)" rating on shares of BlackRock in a research note on Friday, March 27th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of BlackRock from $1,296.00 to $1,380.00 in a research report on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $1,269.06.

More BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Analyst pieces highlight BlackRock as an attractive dividend stock and point to durable fee-generating cash flows that support payouts and long-term shareholder returns. BlackRock (BLK) is a Top Dividend Stock Right Now: Should You Buy?
• Positive Sentiment: Industry write-ups single out BlackRock’s recent Q1 beat as a catalyst that sets positive expectations for asset managers, reinforcing momentum in fee revenue and EPS. 3 Asset Management Stocks Set to Pull Off Earnings Beat in Q1
• Positive Sentiment: Open interest on options tied to BlackRock’s spot Bitcoin ETF has climbed and the ETF has attracted sizable inflows, supporting fee growth and cross-selling opportunities across BlackRock’s ETF platform. Elevated crypto ETF activity is drawing investor attention to BLK’s product leadership. Open interest on BlackRock's bitcoin ETF options reaches new heights
• Positive Sentiment: Grupo Mexico agreed to merge its power unit with a BlackRock-backed company (Saavi), creating Mexico’s largest private power operator — a strategic win for BlackRock’s infrastructure exposure and potential fee/return generation in Latin America. Grupo Mexico to Merge Power Unit With BlackRock-Backed Saavi
• Positive Sentiment: Product/ETF expansion — BlackRock launched region-specific active equity strategies and its dividend-focused ETFs continue to attract income-seeking flows, which can bolster AUM and recurring fees. 3 High-Yield BlackRock Dividend ETFs for Passive Income
• Neutral Sentiment: BlackRock disclosed a new stake in Archer Aviation (ACHR); portfolio moves into early-stage or stressed names can reflect active allocation strategy but also carry idiosyncratic risk and won’t meaningfully change BLK’s core fee profile. ACHR stock gains institutional muscle: BlackRock reveals 6.9% stake
• Negative Sentiment: Competitive pressure in the spot Bitcoin ETF market — analysts flag Morgan Stanley’s MSBT as a credible challenger that could pressure market share and fee dynamics over time if inflows reallocate. Bitcoin ETF: Three Reasons Morgan Stanley's MSBT Could Overtake BlackRock's IBIT BTC ETF

Insider Transactions at BlackRock

In other news, COO Robert L. Goldstein sold 54,190 shares of BlackRock stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $1,087.29, for a total value of $58,920,245.10. Following the completion of the sale, the chief operating officer directly owned 51,478 shares in the company, valued at approximately $55,971,514.62. The trade was a 51.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director J. Richard Kushel sold 2,000 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $1,083.05, for a total value of $2,166,100.00. Following the sale, the director directly owned 61,980 shares in the company, valued at $67,127,439. This represents a 3.13% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 64,272 shares of company stock valued at $69,823,426. 1.92% of the stock is currently owned by company insiders.

BlackRock Company 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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