Sachetta LLC Has $52,000 Stake in BlackRock $BLK

Sachetta LLC decreased its stake in BlackRock (NYSE:BLK) by 92.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 48 shares of the asset manager’s stock after selling 608 shares during the quarter. Sachetta LLC’s holdings in BlackRock were worth $52,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in BLK. LFA Lugano Financial Advisors SA acquired a new stake in shares of BlackRock during the fourth quarter worth about $32,000. Hopwood Financial Services Inc. raised its position in shares of BlackRock by 866.7% during the third quarter. Hopwood Financial Services Inc. now owns 29 shares of the asset manager’s stock worth $34,000 after purchasing an additional 26 shares during the period. Collier Financial acquired a new stake in shares of BlackRock during the third quarter worth about $36,000. Goodman Advisory Group LLC acquired a new stake in shares of BlackRock during the third quarter worth about $37,000. Finally, Dogwood Wealth Management LLC raised its position in shares of BlackRock by 94.1% during the third quarter. Dogwood Wealth Management LLC now owns 33 shares of the asset manager’s stock worth $38,000 after purchasing an additional 16 shares during the period. Institutional investors and hedge funds own 80.69% of the company’s stock.

BlackRock Stock Up 0.2%

NYSE:BLK opened at $1,064.31 on Monday. 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 company has a market cap of $165.54 billion, a PE ratio of 26.71, a PEG ratio of 1.39 and a beta of 1.44. BlackRock has a 52-week low of $906.57 and a 52-week high of $1,219.94. The stock has a 50-day simple moving average of $1,007.89 and a 200 day simple moving average of $1,059.38.

BlackRock (NYSE:BLK) last posted its quarterly earnings data on Tuesday, April 14th. The asset manager reported $12.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $12.40 by $0.13. The business had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $6.56 billion. BlackRock had a return on equity of 14.96% and a net margin of 24.40%.BlackRock’s quarterly revenue was up 27.0% on a year-over-year basis. During the same period last year, the company earned $9.64 earnings per share. On average, sell-side analysts expect that BlackRock will post 52.77 EPS for the current fiscal year.

Key Headlines Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Rick Rieder (BlackRock’s CIO of global fixed income) told Barron’s Live he sees the U.S. economy as resilient and expressed a bullish view on stocks — a positive sentiment signal that can support investor appetite for BlackRock’s asset management products. Why BlackRock’s Rick Rieder Thinks the U.S. Economy Is Basically Recession-Proof
• Positive Sentiment: BlackRock is flagging a “beyond AI” thematic rotation into utilities/infrastructure (HALO sectors) as part of its model trades — this guidance can influence portfolio flows and ETF positioning. BlackRock Just Flagged ‘Beyond’ AI Trade
• Positive Sentiment: BlackRock’s iShares AI ETF has shown strong past returns (91% last year), highlighting the firm’s product-level success that can attract continued flows into iShares strategies. iShares’ AI ETF Returned 91% Last Year
• Neutral Sentiment: Coverage noting Boston’s continued prominence as a money‑management hub underscores industry concentration and talent/firm clustering but is unlikely to move BLK shares directly. Not So Fast, Texas. This City Manages Far More Money—and It’s Not New York.
• Neutral Sentiment: Industry peers (Blue Owl, Federated Hermes) reported solid AUM and revenue trends — a constructive backdrop for asset managers broadly but not an immediate BLK-specific catalyst. OWL Q1 Earnings Meet on Revenue & AUM Growth Federated Hermes Q1 Earnings Beat
• Neutral Sentiment: BlackRock executives (Rob Goldstein) warned certain “convenience‑layer” SaaS firms face structural disruption from generative AI — important for asset allocation views but not an immediate earnings driver for BLK. Rob Goldstein: ‘Convenience‑Layer’ SaaS Companies Are ‘In Trouble’ From AI
• Neutral Sentiment: Regulatory/portfolio filings: disclosure that BlackRock’s stake in Fagron crossed below a 3% threshold—routine transparency event with limited market impact. Disclosure of transparency notification
• Negative Sentiment: Outflows from Bitcoin ETFs after the Fed decision hit IBIT (~$167M outflow over the period), a direct negative for BlackRock’s crypto‑ETF AUM and associated fee revenue in the near term. Bitcoin ETFs Lose Nearly Half A Billion Dollars
• Negative Sentiment: Insider selling: CEO Laurence Fink sold 33,900 shares (~$35.6M) and President Robert Kapito sold 8,739 shares recently — sizable disclosed sales that can weigh on near‑term sentiment about insider conviction. Fink Form 4 Kapito Form 4

Analyst Ratings Changes

BLK has been the topic of a number of research analyst reports. BMO Capital Markets raised their price target 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. UBS Group raised their price target 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. Deutsche Bank Aktiengesellschaft raised their price target on BlackRock from $1,296.00 to $1,380.00 in a research report on Thursday, January 15th. Barclays raised their price target on BlackRock from $1,290.00 to $1,310.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 15th. Finally, JPMorgan Chase & Co. dropped their price target 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. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,269.06.

Insider Buying and Selling at BlackRock

In related news, CEO Laurence Fink sold 33,900 shares of the stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $1,050.55, for a total transaction of $35,613,645.00. Following the completion of the transaction, the chief executive officer directly owned 230,516 shares in the company, valued at approximately $242,168,583.80. This trade represents a 12.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Robert L. Goldstein sold 54,190 shares of the stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $1,087.29, for a total value of $58,920,245.10. Following the transaction, the chief operating officer owned 51,478 shares of the company’s stock, valued at approximately $55,971,514.62. The trade was a 51.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 106,911 shares of company stock valued at $114,670,698 in the last 90 days. 1.92% of the stock is currently owned by corporate 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.