Fox Run Management L.L.C. Buys New Shares in BlackRock $BLK

09 Jun 2026, 06:15 by Doug Wharley · The Cerbat Gem

Fox Run Management L.L.C. bought a new stake in shares of BlackRock (NYSE:BLK – Free Report) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 2,699 shares of the asset manager’s stock, valued at approximately $2,889,000. BlackRock makes up approximately 0.4% of Fox Run Management L.L.C.’s investment portfolio, making the stock its 5th largest position.

A number of other large investors also recently modified their holdings of BLK. Brighton Jones LLC lifted its stake 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 valued at $1,615,000 after buying an additional 296 shares in the last quarter. Bison Wealth LLC lifted its stake in shares of BlackRock by 1.6% during the 4th quarter. Bison Wealth LLC now owns 1,052 shares of the asset manager’s stock valued at $1,078,000 after buying an additional 17 shares in the last quarter. Schnieders Capital Management LLC. purchased a new position in shares of BlackRock during the 2nd quarter valued at $259,000. Nebula Research & Development LLC purchased a new position in shares of BlackRock during the 2nd quarter valued at $548,000. Finally, Osterweis Capital Management Inc. purchased a new position in shares of BlackRock during the 2nd quarter valued at $98,000. Hedge funds and other institutional investors own 80.69% of the company’s stock.

BlackRock News Summary

Here are the key news stories impacting BlackRock this week:

Positive Sentiment: Several BlackRock-managed closed-end funds announced monthly dividend declarations, including income, equity, sector, and technology funds. While these payouts are routine, they reinforce BlackRock’s broad product lineup and income-generating franchise. BlackRock Credit Allocation Income Trust declares $0.0839 dividend
Positive Sentiment: Evercore lowered its price target on BlackRock to $1,140 from $1,220, but kept an Outperform rating, implying the firm still sees upside from current levels. Evercore adjusts price target on BlackRock
Neutral Sentiment: BlackRock was mentioned in coverage about the DTCC tokenization push alongside major financial firms, highlighting its role in market infrastructure and digital asset initiatives, but this is more strategic context than a near-term earnings driver. Ripple Prime Joins DTCC’s Tokenization Push Alongside BlackRock and JPMorgan
Negative Sentiment: Cointelegraph reported that spot Bitcoin ETFs saw $1.7 billion in weekly outflows, with BlackRock’s IBIT accounting for most of the redemptions. That could weigh on sentiment around BlackRock’s rapidly growing ETF business if outflows continue. Spot Bitcoin ETFs bleed $1.7B as outflow streak hits four weeks

Insider Transactions at BlackRock

In other news, President Robert Kapito sold 8,739 shares of the business’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 directly owned 210,186 shares in the company, valued at $222,082,527.60. The trade was a 3.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Laurence Fink sold 33,900 shares of the business’s 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 sale, the chief executive officer 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 disclosure for this sale is available in the SEC filing. Insiders own 1.92% of the company’s stock.

BlackRock Stock Down 0.2%

Shares of BLK stock opened at $993.89 on Tuesday. The stock has a market cap of $154.29 billion, a P/E ratio of 24.95, a PEG ratio of 1.30 and a beta of 1.42. BlackRock has a 52 week low of $917.39 and a 52 week high of $1,219.94. The company has a quick ratio of 4.09, a current ratio of 4.09 and a debt-to-equity ratio of 0.34. The company’s fifty day simple moving average is $1,034.13 and its two-hundred day simple moving average is $1,051.38.

BlackRock (NYSE:BLK – Get Free Report) last posted its earnings results on Tuesday, April 14th. The asset manager reported $12.53 earnings per share for the quarter, topping analysts’ consensus estimates of $12.40 by $0.13. BlackRock had a net margin of 24.40% and a return on equity of 14.74%. The firm had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $6.56 billion. During the same period in the previous year, the firm posted $9.64 EPS. The business’s quarterly revenue was up 27.0% on a year-over-year basis. Analysts predict that BlackRock will post 52.8 EPS for the current fiscal year.

BlackRock Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Friday, June 5th will be issued a $5.73 dividend. The ex-dividend date is Friday, June 5th. This represents a $22.92 dividend on an annualized basis and a dividend yield of 2.3%. BlackRock’s payout ratio is 57.53%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Keefe, Bruyette & Woods lifted their target price on shares of BlackRock from $1,150.00 to $1,240.00 and gave the company an “outperform” rating in a research note on Wednesday, April 15th. Jefferies Financial Group decreased their price target on shares of BlackRock from $1,351.00 to $1,199.00 and set a “buy” rating on the stock in a research note on Wednesday, April 8th. Morgan Stanley boosted their price target on shares of BlackRock from $1,368.00 to $1,393.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 15th. BMO Capital Markets boosted their price target on shares of BlackRock from $1,200.00 to $1,250.00 and gave the stock an “outperform” rating in a research note on Monday, April 20th. Finally, TD Cowen decreased their price target on shares of BlackRock from $1,238.00 to $1,105.00 and set a “hold” rating on the stock in a research note on Thursday, April 9th. 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 company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $1,264.61.

Read Our Latest Stock Analysis on BlackRock

BlackRock Profile

(Free Report)

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.