Windward Capital Management Co. CA Decreases Position in BlackRock $BLK

Key Points

• Windward Capital Management Co. CA trimmed its position in BlackRock by 3.4% in Q4, leaving it with 37,423 shares valued at $40.06 million, which equals about 3.2% of the firm's holdings and is its 7th-largest position.
• Other institutions sharply increased exposure—most notably Oak Harvest Investment Services (now 1,595,153 shares, ~$1.707B), with Viking Global, Parkside, Amundi and MFS also adding; overall institutional ownership stands around 80.69%.
• Business momentum and risk: BlackRock’s spot Bitcoin ETF (IBIT) and related BTC purchases have driven sizable inflows (including a ~7-day ~$1.9B streak) boosting AUM and fees, while the firm still posted an earnings beat (Q1 EPS $12.53 vs. $12.40) and carries a consensus "Moderate Buy" with an average price target of ~$1,269.06.

Windward Capital Management Co. CA trimmed its position in BlackRock (NYSE:BLK - Free Report) by 3.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,423 shares of the asset manager's stock after selling 1,326 shares during the quarter. BlackRock comprises approximately 3.2% of Windward Capital Management Co. CA's holdings, making the stock its 7th biggest position. Windward Capital Management Co. CA's holdings in BlackRock were worth $40,055,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Oak Harvest Investment Services raised its stake in 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 during the period. Viking Global Investors LP grew 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 purchasing an additional 424,388 shares in the last quarter. Parkside Financial Bank & Trust lifted its position in shares of BlackRock by 29,043.2% in the third quarter. Parkside Financial Bank & Trust now owns 245,094 shares of the asset manager's stock worth $285,748,000 after buying an additional 244,253 shares in the last quarter. Amundi raised its holdings in shares of BlackRock by 39.5% during the 3rd quarter. Amundi now owns 547,249 shares of the asset manager's stock worth $645,354,000 after acquiring an additional 154,907 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased its position in BlackRock by 13.4% in the third 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. 80.69% of the stock is owned by institutional investors.

BlackRock News Summary

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock’s spot Bitcoin ETF (IBIT) has vaulted into the global top 1% by AUM as US spot Bitcoin ETFs surpassed $62B, highlighting sustained crypto-driven inflows that increase management fees and AUM. Article Title
• Positive Sentiment: Reports show BlackRock drove a seven-day spot Bitcoin ETF inflow streak (~$1.9B), signaling ongoing retail/institutional demand that supports recurring fee revenue. Article Title
• Positive Sentiment: Multiple outlets report BlackRock made fresh Bitcoin purchases in April (headlines cite ~$900M and a 30,000 BTC figure), boosting market confidence that BlackRock will continue to expand crypto-related AUM despite prior volatility. Article Title
• Positive Sentiment: Coverage highlights standout iShares ETFs that are outperforming major indexes and being pitched as top choices for growth and income — positive for organic ETF inflows and brand momentum. Article Title
• Neutral Sentiment: BlackRock public comments urge investors to look beyond a 60/40 portfolio and highlight scarcity of attractive stocks — useful marketing for advisory and ETF strategies but only an indirect near-term earnings driver. Article Title
• Neutral Sentiment: BlackRock portfolio managers warn of FX risk (yen) from potential BOJ miscommunication — a macro risk commentary that could influence international fixed income/FX positioning but not core fee dynamics. Article Title
• Negative Sentiment: Some crypto coverage flags that BlackRock’s prior BTC exposure is sitting with a multi‑billion unrealized loss (~$6.3B in one report), which underlines downside volatility and raises short-term P&L and messaging risks. Article Title
• Negative Sentiment: Opinion and market pieces warning of a “surprise BlackRock flip” on bitcoin pricing amplify short-term volatility risk for crypto-linked products and may cause investor caution. Article Title

BlackRock Stock Down 0.8%

Shares of NYSE:BLK opened at $1,054.15 on Friday. The business's 50 day moving average is $1,010.60 and its 200 day moving average is $1,064.81. The stock has a market cap of $163.96 billion, a P/E ratio of 26.46, a price-to-earnings-growth ratio of 1.39 and a beta of 1.48. BlackRock has a 52-week low of $892.91 and a 52-week high of $1,219.94. The company has a quick ratio of 2.98, a current ratio of 2.98 and a debt-to-equity ratio of 0.37.

BlackRock (NYSE:BLK - Get Free Report) last issued its 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. The business had revenue of $6.70 billion during the quarter, compared to analyst estimates 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 period in the previous year, the company posted $9.64 EPS. Sell-side analysts predict that BlackRock will post 52.77 EPS for the current year.

Analysts Set New Price Targets

BLK has been the subject of a number of recent research reports. Morgan Stanley lifted their price objective on shares of BlackRock from $1,368.00 to $1,393.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 15th. TD Cowen lowered their target price on shares of BlackRock from $1,238.00 to $1,105.00 and set a "hold" rating for the company in a report on Thursday, April 9th. UBS Group lifted their price target on shares of BlackRock from $1,235.00 to $1,270.00 and gave the stock a "buy" rating in a research note on Wednesday, April 15th. Wall Street Zen raised shares of BlackRock from a "sell" rating to a "hold" rating in a research report on Saturday, January 17th. Finally, Keefe, Bruyette & Woods upped their target price on BlackRock from $1,150.00 to $1,240.00 and gave the company an "outperform" rating in a research note on Wednesday, April 15th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, BlackRock presently has a consensus rating of "Moderate Buy" and an average price target of $1,269.06.

Insider Activity

In other news, Director J. Richard Kushel sold 385 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $1,084.91, for a total transaction of $417,690.35. Following the transaction, the director directly owned 3,335 shares in the company, valued at approximately $3,618,174.85. This trade represents a 10.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Stephen Cohen sold 225 shares of the stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $1,069.56, for a total value of $240,651.00. Following the sale, the director directly owned 5,661 shares in the company, valued at $6,054,779.16. This trade represents a 3.82% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 64,272 shares of company stock worth $69,823,426. 1.92% of the stock is currently owned by corporate 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.

Want to see what other hedge funds are holding BLK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock (NYSE:BLK - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.