Third View Private Wealth LLC Buys New Holdings in BlackRock $BLK

Third View Private Wealth LLC acquired a new stake in BlackRock (NYSE:BLK) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 594 shares of the asset manager’s stock, valued at approximately $636,000.

Other hedge funds also recently added to or reduced their stakes in the company. Pacifica Partners Inc. raised its position in BlackRock by 450.0% in the third quarter. Pacifica Partners Inc. now owns 22 shares of the asset manager’s stock valued at $25,000 after purchasing an additional 18 shares during the period. TruNorth Capital Management LLC raised its position in BlackRock by 1,000.0% in the third quarter. TruNorth Capital Management LLC now owns 22 shares of the asset manager’s stock valued at $26,000 after purchasing an additional 20 shares during the period. Hopwood Financial Services Inc. raised its position in BlackRock by 866.7% in the third quarter. Hopwood Financial Services Inc. now owns 29 shares of the asset manager’s stock valued at $34,000 after purchasing an additional 26 shares during the period. Collier Financial purchased a new position in BlackRock in the third quarter valued at about $36,000. Finally, Goodman Advisory Group LLC purchased a new position in BlackRock in the third quarter valued at about $37,000. 80.69% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have commented on the company. Weiss Ratings reissued a “buy (b-)” rating on shares of BlackRock in a research report on Friday, March 27th. Morgan Stanley cut their price objective on BlackRock from $1,550.00 to $1,368.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 1st. Evercore cut their price objective on BlackRock from $1,235.00 to $1,180.00 and set an “outperform” rating on the stock in a research report on Friday, April 10th. CICC Research raised their price objective on BlackRock from $1,000.00 to $1,250.00 in a research report on Tuesday, February 3rd. Finally, Keefe, Bruyette & Woods dropped their target price on BlackRock from $1,340.00 to $1,150.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 8th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, BlackRock currently has a consensus rating of “Moderate Buy” and an average target price of $1,247.28.

BlackRock News Summary

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Q1 earnings beat and revenue/fee strength: BlackRock reported better‑than‑expected results (adjusted EPS and revenue ahead of consensus) driven by higher investment fees and performance fees — a primary driver of today’s upside. BlackRock Reports First Quarter 2026 Earnings
• Positive Sentiment: Record ETF/iShares inflows and AUM support revenue outlook: The firm drew roughly $130bn of client cash into ETFs and finished the quarter with about $13.9T in AUM, underpinning organic fee growth and higher recurring revenue. BlackRock profits jump as it draws in $130bn
• Positive Sentiment: Management sees structural opportunities (private credit, global capital markets): CEO Larry Fink emphasized continued client demand for private credit and that global capital‑markets growth is only beginning — comments that signal durable fee‑generating product demand. Private Credit Is Popular Despite Pullback: BlackRock CEO Larry Fink
• Positive Sentiment: Capital returns and payout actions: Company commentary and press coverage note a dividend increase and stronger profitability metrics, which support shareholder income expectations. BlackRock Posts Strong Q1 2026 Results, Boosts Dividend
• Neutral Sentiment: Macro/positioning signals from the firm: BlackRock’s research teams have become more constructive on U.S. stocks (lessening geopolitical risk impact); useful for flow positioning but not an immediate earnings driver. BlackRock raises view on U.S. stocks on belief that war is over, profits are up
• Negative Sentiment: Investor litigation alert: Pomerantz LLP announced an investigation on behalf of BlackRock investors — a potential legal overhang that could create headline risk. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of BlackRock, Inc. – BLK
• Negative Sentiment: Analyst price‑target trims: Several firms have adjusted targets (Evercore, BMO; JPMorgan lowered its target while keeping a neutral rating), which can cap near‑term upside even as fundamentals improve. JPMorgan adjusts price target on BlackRock

Insider Transactions at BlackRock

In related news, Director Stephen Cohen sold 225 shares of the business’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $1,069.56, for a total value of $240,651.00. Following the completion of the sale, the director directly owned 5,661 shares of the company’s stock, valued at $6,054,779.16. The trade was a 3.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director J. Richard Kushel sold 385 shares of the business’s stock in a transaction dated 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 directly owned 3,335 shares of the company’s stock, valued at approximately $3,618,174.85. This represents a 10.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 111,319 shares of company stock valued at $123,999,249 in the last three months. Corporate insiders own 1.98% of the company’s stock.

BlackRock Trading Up 3.0%

NYSE BLK opened at $1,054.80 on Wednesday. BlackRock has a 12 month low of $845.82 and a 12 month high of $1,219.94. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.98 and a quick ratio of 2.98. The company has a market capitalization of $164.06 billion, a price-to-earnings ratio of 29.78, a price-to-earnings-growth ratio of 1.42 and a beta of 1.48. The company’s fifty day moving average price is $1,013.76 and its two-hundred day moving average price is $1,069.03.

BlackRock (NYSE:BLK) last posted its quarterly earnings data on Tuesday, April 14th. The asset manager reported $12.53 EPS for the quarter, beating analysts’ consensus estimates of $12.40 by $0.13. The firm had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $6.56 billion. BlackRock had a net margin of 22.93% and a return on equity of 14.78%. The firm’s revenue was up 27.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $9.64 EPS. As a group, research analysts predict that BlackRock will post 47.41 earnings per share for the current fiscal year.

BlackRock Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Friday, March 6th were issued a $5.73 dividend. This is an increase from BlackRock’s previous quarterly dividend of $5.21. This represents a $22.92 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Friday, March 6th. BlackRock’s dividend payout ratio is presently 64.71%.

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.