BlackRock $BLK Stock Holdings Increased by State of Alaska Department of Revenue

State of Alaska Department of Revenue lifted its stake in BlackRock (NYSE:BLK) by 3,044.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 444,827 shares of the asset manager’s stock after buying an additional 430,681 shares during the quarter. BlackRock comprises 4.4% of State of Alaska Department of Revenue’s portfolio, making the stock its 3rd biggest holding. State of Alaska Department of Revenue owned 0.29% of BlackRock worth $470,756,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Advisors Capital Management LLC purchased a new position in shares of BlackRock in the second quarter valued at about $33,847,000. Varma Mutual Pension Insurance Co bought a new stake in BlackRock during the 2nd quarter valued at approximately $28,185,000. Haverford Trust Co bought a new stake in BlackRock during the 2nd quarter valued at approximately $264,500,000. Liberty One Investment Management LLC lifted its holdings in BlackRock by 30.7% in the 1st quarter. Liberty One Investment Management LLC now owns 4,861 shares of the asset manager’s stock worth $4,675,000 after purchasing an additional 1,141 shares in the last quarter. Finally, Basswood Capital Management L.L.C. purchased a new position in BlackRock in the 2nd quarter worth approximately $23,122,000. 80.69% of the stock is owned by hedge funds and other institutional investors.

BlackRock Price Performance

Shares of BLK stock traded up $36.18 on Thursday, reaching $1,109.97. The company’s stock had a trading volume of 470,327 shares, compared to its average volume of 736,922. The stock’s fifty day simple moving average is $1,106.43 and its 200-day simple moving average is $1,061.02. BlackRock has a 1 year low of $917.39 and a 1 year high of $1,209.89. The company has a current ratio of 3.59, a quick ratio of 3.59 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $171.90 billion, a price-to-earnings ratio of 26.53, a price-to-earnings-growth ratio of 1.20 and a beta of 1.41.

BlackRock (NYSE:BLK) last announced its quarterly earnings results on Wednesday, October 14th. The asset manager reported $15.93 earnings per share for the quarter, topping the consensus estimate of $14.32 by $1.61. BlackRock had a net margin of 24.09% and a return on equity of 14.90%. The company had revenue of $7.75 billion for the quarter, compared to analysts’ expectations of $7.42 billion. During the same quarter in the previous year, the business posted $8.43 earnings per share. BlackRock’s quarterly revenue was up 19.1% on a year-over-year basis. Analysts forecast that BlackRock will post 55.70 earnings per share for the current fiscal year.

BlackRock Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th were given a dividend of $5.73 per share. The ex-dividend date of this dividend was Tuesday, September 8th. This represents a $22.92 annualized dividend and a dividend yield of 2.1%. BlackRock’s payout ratio is currently 54.78%.

BlackRock News Roundup

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Strong Q3 results and record inflows: BlackRock reported adjusted EPS of $15.93, above the $14.32 consensus, while revenue reached $7.75 billion versus expectations of $7.42 billion. Quarterly net inflows totaled approximately $205 billion, lifting assets under management to a record $15.5 trillion. BlackRock Reports Third Quarter 2026 Earnings
• Positive Sentiment: Growth outlook broadening beyond traditional ETFs: Management highlighted strong iShares demand, higher-fee products, technology revenue, private-markets fundraising and opportunities to finance AI infrastructure. Margin expansion and a seasonally stronger fourth quarter could support earnings momentum. BLK Q3 Earnings Call Puts AI Financing and Fees in Focus
• Positive Sentiment: Analysts raised their valuation targets: JPMorgan increased its target to $1,449 and maintained an Overweight rating; Keefe, Bruyette & Woods raised its target to $1,310 with an Outperform rating. Bank of America also reiterated Buy and lifted its target to $1,313. BlackRock Earns Buy Rating
• Neutral Sentiment: BlackRock executives continued promoting fixed-income ETFs, tokenization and AI-related infrastructure as long-term growth areas. These themes may expand the firm’s addressable market but are less immediate earnings catalysts than the quarterly results. BlackRock, WisdomTree, Fidelity Leaders Talk Fixed Income ETFs
• Negative Sentiment: U.S. bitcoin and ether ETFs experienced roughly $391 million of combined outflows, including renewed withdrawals from BlackRock and Fidelity products. Continued crypto weakness could modestly pressure ETF-related flows and fee revenue. Bitcoin, Ether ETFs Lose $391M
• Negative Sentiment: Investors also face macro and political risks: higher yields can pressure asset valuations, while CEO Larry Fink’s warning that a data-center construction moratorium could trigger a recession highlights BlackRock’s growing exposure to the AI investment cycle. BlackRock’s Larry Fink Warns a Data Center Moratorium Could Trigger a Recession

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Evercore reissued an “outperform” rating and issued a $1,275.00 target price on shares of BlackRock in a report on Friday, October 9th. Morgan Stanley cut their target price on shares of BlackRock from $1,479.00 to $1,468.00 and set an “overweight” rating for the company in a research note on Tuesday. JPMorgan Chase & Co. boosted their price target on shares of BlackRock from $1,435.00 to $1,449.00 and gave the stock an “overweight” rating in a research note on Thursday. BMO Capital Markets increased their price objective on shares of BlackRock from $1,250.00 to $1,300.00 and gave the company an “outperform” rating in a report on Friday, July 17th. Finally, Weiss Ratings downgraded shares of BlackRock from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $1,312.06.

BlackRock Company Profile

BlackRock, Inc is a global investment management and financial technology company serving individual investors, institutions, governments and financial professionals. The company provides investment management, risk management and advisory services across a broad range of asset classes, including equities, fixed income, multi-asset strategies, alternatives and cash management.

BlackRock offers investment products through mutual funds, exchange-traded funds and other vehicles. Its iShares brand is one of the company’s principal platforms for exchange-traded funds, providing access to domestic and international markets, industry sectors, bonds, commodities and specialized investment strategies.

The company also provides technology and analytical solutions through its Aladdin platform, which is used by asset managers, institutional investors and other financial organizations for portfolio management, risk analysis, trading and operational support.