SG Trading Solutions LLC Buys New Shares in BlackRock $BLK

SG Trading Solutions LLC bought a new position in shares of BlackRock (NYSE:BLK) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 893 shares of the asset manager’s stock, valued at approximately $956,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kera Capital Partners Inc. grew its holdings in BlackRock by 56.9% in the 4th quarter. Kera Capital Partners Inc. now owns 7,808 shares of the asset manager’s stock valued at $8,736,000 after buying an additional 2,832 shares during the period. Virtu Financial LLC purchased a new position in shares of BlackRock during the 4th quarter worth about $314,000. MV Capital Management Inc. acquired a new stake in shares of BlackRock in the fourth quarter worth approximately $311,000. Cambient Family Office LLC acquired a new stake in shares of BlackRock in the fourth quarter worth approximately $5,361,000. Finally, Talisman Wealth Advisors LLC purchased a new stake in BlackRock in the fourth quarter valued at approximately $4,197,000. Hedge funds and other institutional investors own 80.69% of the company’s stock.

BlackRock Trading Down 0.6%

Shares of BLK stock opened at $1,051.51 on Friday. The company has a quick ratio of 4.09, a current ratio of 4.09 and a debt-to-equity ratio of 0.34. BlackRock has a fifty-two week low of $917.39 and a fifty-two week high of $1,219.94. The firm’s 50 day moving average price is $1,046.92 and its two-hundred day moving average price is $1,051.90. The stock has a market cap of $163.23 billion, a price-to-earnings ratio of 26.39, a price-to-earnings-growth ratio of 1.38 and a beta of 1.42.

BlackRock (NYSE:BLK) last released its quarterly earnings data on Tuesday, April 14th. The asset manager reported $12.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.40 by $0.13. BlackRock had a net margin of 24.40% and a return on equity of 14.74%. The company had revenue of $6.70 billion during the quarter, compared to analyst estimates of $6.56 billion. During the same quarter in the prior year, the business earned $9.64 earnings per share. The business’s quarterly revenue was up 27.0% compared to the same quarter last year. On average, analysts anticipate that BlackRock will post 52.8 EPS for the current year.

BlackRock Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Friday, June 5th will be issued a $5.73 dividend. This represents a $22.92 annualized dividend and a yield of 2.2%. The ex-dividend date is Friday, June 5th. BlackRock’s dividend payout ratio is currently 57.53%.

BlackRock News Roundup

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock expanded its digital-assets lineup by launching a new iShares Bitcoin Premium Income ETF, a covered-call Bitcoin income product that could attract yield-seeking investors and broaden fee-generating AUM. BlackRock (BLK) Launches Bitcoin Income ETF To Expand Its Digital Assets Suite
• Positive Sentiment: BlackRock also filed for an additional covered-call Bitcoin ETF aimed at income investors, reinforcing its push to deepen its crypto product offering and potentially capture more demand in a fast-growing niche. BlackRock Files For Covered-Call Bitcoin ETF Aimed At Income Seekers
• Positive Sentiment: BlackRock Canada announced June cash distributions for iShares ETFs, underscoring stable ETF operations and recurring income generation across its franchise. BlackRock Canada Announces June Cash Distributions for the iShares ETFs
• Neutral Sentiment: BlackRock was mentioned in market commentary after the Federal Reserve held rates steady and signaled a potentially higher-for-longer policy path, which can affect asset flows and fixed-income performance but is not directly company-specific. Federal Reserve Holds Rates Steady as Officials Signal Potential Hikes Under New Chair Kevin Warsh
• Neutral Sentiment: Analyst-style and comparison articles highlighted BlackRock’s scale, Aladdin platform, and leadership in asset management, but these were more commentary than fresh catalysts. BlackRock vs. Blackstone: Which Financial Stock Is a Better Buy in 2026?
• Negative Sentiment: Broader crypto and risk-asset weakness following the Fed decision may be weighing on sentiment, which can offset some of the enthusiasm around BlackRock’s new Bitcoin-linked products.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on BLK shares. UBS Group upped 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 report on Wednesday, April 15th. Weiss Ratings upgraded shares of BlackRock from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, May 13th. The Goldman Sachs Group boosted their price objective on shares of BlackRock from $1,181.00 to $1,313.00 and gave the company a “buy” rating in a research note on Wednesday, April 15th. Barclays upped their price objective on BlackRock from $1,290.00 to $1,310.00 and gave the stock an “overweight” rating in a report on Wednesday, April 15th. Finally, BMO Capital Markets increased their target price on BlackRock from $1,200.00 to $1,250.00 and gave the stock an “outperform” rating in a research report on Monday, April 20th. One investment 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 data from MarketBeat, BlackRock has a consensus rating of “Moderate Buy” and a consensus price target of $1,264.61.

Insider Buying and Selling at BlackRock

In other BlackRock news, CEO Laurence Fink sold 33,900 shares of the firm’s stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $1,050.55, for a total value of $35,613,645.00. Following the transaction, the chief executive officer directly owned 230,516 shares of the company’s stock, valued at $242,168,583.80. This trade represents a 12.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, President Robert Kapito sold 8,739 shares of the firm’s stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $1,056.60, for a total value of $9,233,627.40. Following the sale, the president owned 210,186 shares in the company, valued at approximately $222,082,527.60. The trade was a 3.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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.