BlackRock $BLK is Parkside Financial Bank & Trust’s Largest Position

Parkside Financial Bank & Trust boosted its stake in BlackRock (NYSE:BLK) by 29,043.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 245,094 shares of the asset manager’s stock after purchasing an additional 244,253 shares during the quarter. BlackRock comprises approximately 22.1% of Parkside Financial Bank & Trust’s holdings, making the stock its largest holding. Parkside Financial Bank & Trust’s holdings in BlackRock were worth $285,748,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in BLK. Brighton Jones LLC raised its holdings 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 in the last quarter. Bison Wealth LLC increased its position in BlackRock by 1.6% in the fourth quarter. Bison Wealth LLC now owns 1,052 shares of the asset manager’s stock worth $1,078,000 after purchasing an additional 17 shares during the last quarter. Norden Group LLC raised its stake in BlackRock by 13.8% during the second quarter. Norden Group LLC now owns 727 shares of the asset manager’s stock valued at $763,000 after purchasing an additional 88 shares in the last quarter. Mather Group LLC. lifted its position in BlackRock by 3.3% during the second quarter. Mather Group LLC. now owns 1,623 shares of the asset manager’s stock valued at $1,703,000 after purchasing an additional 52 shares during the last quarter. Finally, Xcel Wealth Management LLC grew its stake in shares of BlackRock by 2.0% in the 2nd quarter. Xcel Wealth Management LLC now owns 1,507 shares of the asset manager’s stock worth $1,581,000 after buying an additional 30 shares in the last quarter. Institutional investors own 80.69% of the company’s stock.

Insider Buying and Selling at BlackRock

In other BlackRock news, CFO Martin Small sold 27,047 shares of the company’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $1,171.14, for a total value of $31,675,823.58. Following the completion of the sale, the chief financial officer directly owned 10,557 shares in the company, valued at approximately $12,363,724.98. This represents a 71.93% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.98% of the company’s stock.

More BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Larry Fink pushed tokenization and blockchain adoption at Davos, highlighting BlackRock’s tokenized money-market fund (BUIDL) and arguing a common blockchain could cut costs and boost distribution — a strategic signal that could expand fee-bearing products and Aladdin-related services. Read More.
• Positive Sentiment: Large BlackRock-linked wallets moved more than $430M in bitcoin and ether into Coinbase Prime, indicating continued institutional activity and demand for custody/prime services that support BlackRock’s crypto product ecosystem (including its spot-BTC ETF). Read More.
• Positive Sentiment: BlackRock enabled additional distribution of BTC exposure via a partnership with Delaware Life, channeling Bitcoin-linked returns into a fixed index annuity — a new institutional/insurance distribution route that can grow AUM for its crypto-friendly products. Read More.
• Positive Sentiment: BlackRock increased its disclosed stake in AngloGold Ashanti to just over 10%, a notable equity position that signals active portfolio repositioning and potential influence in mining sector allocations. Read More.
• Neutral Sentiment: BlackRock adjusted other public stakes (e.g., BAWAG Group to 5.83%, Light & Wonder disclosure) — routine portfolio moves that reflect rebalancing rather than immediate fee or revenue changes. Read More.
• Neutral Sentiment: Rick Rieder (BlackRock’s head of fixed income) surfaced in headlines as odds for a Fed chair nomination rose after remarks from President Trump — a reputational/regulatory-watch item that could increase BlackRock’s influence but carries political dynamics. Read More.
• Negative Sentiment: CFO Martin Small disclosed the sale of 27,047 BlackRock shares (~$31.7M at reported prices), cutting his direct holding by ~72% — an insider sale that some investors will view as a near-term negative signal. Read More.

Analysts Set New Price Targets

A number of brokerages recently commented on BLK. Citigroup increased their price target on shares of BlackRock from $1,200.00 to $1,350.00 and gave the company a “buy” rating in a report on Monday, September 29th. Weiss Ratings restated a “buy (b-)” rating on shares of BlackRock in a research report on Monday, December 29th. Wall Street Zen upgraded BlackRock from a “sell” rating to a “hold” rating in a report on Saturday, January 17th. UBS Group set a $1,280.00 price target on BlackRock in a research report on Friday, January 16th. Finally, BNP Paribas Exane lifted their price objective on shares of BlackRock from $1,290.00 to $1,300.00 and gave the stock an “outperform” rating in a research note on Thursday, January 15th. Fifteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, BlackRock presently has an average rating of “Moderate Buy” and a consensus target price of $1,314.71.

BlackRock Price Performance

BLK opened at $1,139.45 on Friday. The business has a fifty day moving average of $1,076.11 and a 200 day moving average of $1,106.51. The stock has a market cap of $176.79 billion, a P/E ratio of 32.17, a PEG ratio of 1.41 and a beta of 1.47. The company has a quick ratio of 3.33, a current ratio of 3.33 and a debt-to-equity ratio of 0.34. BlackRock has a 52-week low of $773.74 and a 52-week high of $1,219.94.

BlackRock (NYSE:BLK) last released its earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share for the quarter, topping the consensus estimate of $12.55 by $0.61. The business had revenue of $7.01 billion during the quarter, compared to the consensus estimate of $6.80 billion. BlackRock had a return on equity of 15.14% and a net margin of 22.93%.The business’s revenue for the quarter was up 23.4% compared to the same quarter last year. During the same period last year, the company earned $11.93 earnings per share. As a group, sell-side analysts anticipate that BlackRock will post 47.41 EPS for the current year.

BlackRock Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Friday, March 6th will be given a dividend of $5.73 per share. This is a boost from BlackRock’s previous quarterly dividend of $5.21. The ex-dividend date of this dividend is Friday, March 6th. This represents a $22.92 dividend on an annualized basis and a yield of 2.0%. BlackRock’s dividend payout ratio is presently 58.84%.

About BlackRock

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.