Brown Advisory Inc. Has $23.55 Million Position in BlackRock $BLK

16 Jun 2026, 07:33 by Mitch Edgeman · The Markets Daily

Brown Advisory Inc. lifted its holdings in shares of BlackRock (NYSE:BLK – Free Report) by 10.5% during the fourth quarter, HoldingsChannel reports. The firm owned 22,000 shares of the asset manager’s stock after acquiring an additional 2,094 shares during the quarter. Brown Advisory Inc.’s holdings in BlackRock were worth $23,548,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Brasada Capital Management LP raised its position in shares of BlackRock by 1.9% during the fourth quarter. Brasada Capital Management LP now owns 1,134 shares of the asset manager’s stock worth $1,230,000 after purchasing an additional 21 shares during the period. AFT Forsyth & Company Inc. bought a new position in shares of BlackRock during the fourth quarter worth about $2,467,000. Aigen Investment Management LP acquired a new stake in BlackRock in the 4th quarter valued at approximately $7,533,000. Atlas Capital Advisors Inc. bought a new stake in BlackRock in the 4th quarter valued at approximately $131,000. Finally, Ally Financial Inc. bought a new stake in BlackRock in the 4th quarter valued at approximately $2,141,000. Institutional investors and hedge funds own 80.69% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on the company. JPMorgan Chase & Co. cut their target price on BlackRock from $1,269.00 to $1,128.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th. TD Cowen lowered their price target on BlackRock from $1,238.00 to $1,105.00 and set a “hold” rating on the stock in a research report on Thursday, April 9th. BMO Capital Markets boosted 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. Jefferies Financial Group lowered their price target on BlackRock from $1,351.00 to $1,199.00 and set a “buy” rating on the stock in a research report on Wednesday, April 8th. Finally, UBS Group boosted 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. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,264.61.

Get Our Latest Stock Report on BLK

Insiders Place Their Bets

In other BlackRock news, President Robert Kapito sold 8,739 shares of the company’s stock in a transaction on Monday, April 27th. The stock was sold at an average price of $1,056.60, for a total value of $9,233,627.40. Following the transaction, the president directly owned 210,186 shares of the company’s stock, valued at $222,082,527.60. This represents a 3.99% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Laurence Fink sold 33,900 shares of the company’s stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $1,050.55, for a total value 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 represents a 12.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.92% of the company’s stock.

BlackRock Stock Up 1.0%

BLK stock opened at $1,042.08 on Tuesday. The company has a current ratio of 4.09, a quick ratio of 4.09 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $161.76 billion, a PE ratio of 26.16, a PEG ratio of 1.34 and a beta of 1.42. BlackRock has a 1-year low of $917.39 and a 1-year high of $1,219.94. The business’s 50 day simple moving average is $1,041.35 and its 200 day simple moving average is $1,051.69.

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 return on equity of 14.74% and a net margin of 24.40%.The business had revenue of $6.70 billion for the quarter, compared to analyst estimates of $6.56 billion. During the same period in the previous year, the firm earned $9.64 EPS. The firm’s revenue was up 27.0% compared to the same quarter last year. As a group, research analysts anticipate that BlackRock will post 52.8 EPS for the current year.

BlackRock Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Friday, June 5th will be issued a $5.73 dividend. This represents a $22.92 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Friday, June 5th. BlackRock’s dividend payout ratio is currently 57.53%.

BlackRock News Summary

Here are the key news stories impacting BlackRock this week:

Positive Sentiment: BlackRock’s Rick Rieder said the recent rally in U.S. equities could accelerate as investors shift cash out of the roughly $8 trillion to $9 trillion parked in money market funds, which would support broader asset prices and potentially BlackRock’s fee-generating AUM. BlackRock’s Rieder Sees ‘Explosive’ Rally as Cash Gets Unlocked
Positive Sentiment: Analysts and media coverage highlighted BlackRock’s income-oriented ETFs, reinforcing the company’s leadership in fee-collecting investment products and ongoing investor demand for yield. 3 High-Yield BlackRock ETFs Paying 6%+ in Passive Income
Positive Sentiment: BlackRock commentary on AI framed the theme as a multi-year investment cycle rather than a short-term trade, which may support long-duration capital allocation into the firm’s strategies. The AI Trade Is Short-Term. The AI Investment Is a Decade: BlackRock’s Three-Phase Framework
Neutral Sentiment: BlackRock Canada announced product changes and a risk-rating update for five iShares ETFs, mainly reflecting index methodology changes tied to Research Affiliates’ withdrawal of input data. This appears operational rather than financially material. BlackRock Canada Announces Product Changes and Risk Rating Update
Neutral Sentiment: BlackRock also received another look for NYC’s large pension mandate, but there was no final decision reported yet. BlackRock gets another shot at NYC’s massive pension mandate (updated)
Negative Sentiment: Sen. Elizabeth Warren asked BlackRock and other infrastructure investors for details on data center deals, adding potential regulatory and political scrutiny around private-markets activity. Elizabeth Warren Demands Answers From BlackRock, Blackstone, KKR Over Data Center Deals
Negative Sentiment: Separate coverage noted Vanguard gaining while BlackRock shed assets in ETF league tables, which could signal competitive pressure in the asset-management business. ETF League Tables: Vanguard Gains, BlackRock Sheds Assets

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.

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