Martin Small Sells 27,047 Shares of BlackRock (NYSE:BLK) Stock
by Sarita Garza · The Markets DailyBlackRock (NYSE:BLK – Get Free Report) 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 transaction of $31,675,823.58. Following the completion of the transaction, the chief financial officer owned 10,557 shares of the company’s stock, valued at $12,363,724.98. This trade represents a 71.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Martin Small also recently made the following trade(s):
- On Monday, December 1st, Martin Small sold 1,258 shares of BlackRock stock. The stock was sold at an average price of $1,043.38, for a total value of $1,312,572.04.
BlackRock Stock Up 1.7%
Shares of NYSE:BLK traded up $18.32 during trading on Wednesday, hitting $1,128.37. The stock had a trading volume of 687,681 shares, compared to its average volume of 568,295. The company has a market capitalization of $175.07 billion, a PE ratio of 23.10, a PEG ratio of 1.44 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. The firm’s fifty day moving average is $1,073.99 and its 200 day moving average is $1,106.12. BlackRock has a 12 month low of $773.74 and a 12 month high of $1,219.94.
BlackRock (NYSE:BLK – Get Free Report) last issued its quarterly 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 company had revenue of $7.01 billion for the quarter, compared to analysts’ expectations of $6.80 billion. BlackRock had a return on equity of 15.14% and a net margin of 22.93%.The firm’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same period in the prior year, the firm earned $11.93 earnings per share. Analysts anticipate that BlackRock will post 47.41 EPS for the current fiscal year.
BlackRock Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Friday, March 6th will be issued a $5.73 dividend. This represents a $22.92 annualized dividend and a yield of 2.0%. This is a positive change from BlackRock’s previous quarterly dividend of $5.21. The ex-dividend date of this dividend is Friday, March 6th. BlackRock’s dividend payout ratio is presently 58.84%.
Analyst Ratings Changes
A number of research analysts have weighed in on the company. The Goldman Sachs Group reiterated a “buy” rating and issued a $1,313.00 price target on shares of BlackRock in a research report on Tuesday, December 9th. Wall Street Zen raised BlackRock from a “sell” rating to a “hold” rating in a report on Saturday. TD Cowen lowered BlackRock from a “buy” rating to a “hold” rating in a report on Wednesday, January 14th. Citigroup upped their price target on BlackRock from $1,200.00 to $1,350.00 and gave the stock a “buy” rating in a research report on Monday, September 29th. Finally, UBS Group set a $1,280.00 price objective on BlackRock in a research report on Friday, January 16th. Fifteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, BlackRock has a consensus rating of “Moderate Buy” and a consensus target price of $1,314.71.
View Our Latest Analysis on BlackRock
More BlackRock News
Here are the key news stories impacting BlackRock this week:
- Positive Sentiment: Larry Fink’s Davos comments that AI spending “is favoring big players” reinforce the view that BlackRock’s size and tech investments position it to capture disproportionate asset flows and fee opportunities. Read More.
- Positive Sentiment: Delaware Life added a fixed annuity that uses BlackRock indices and ETFs to provide bitcoin exposure — a distribution win that can help drive AUM for BlackRock’s spot-BTC ETF and related products over time. Read More.
- Positive Sentiment: Positive media/support: Jim Cramer highlighted BlackRock favorably, a sentiment boost that can attract retail interest and short-term flows. Read More.
- Neutral Sentiment: BlackRock increased disclosed stakes in several public companies (Siemens Energy, Orion Corporation, Caledonia Mining) — signals of active equity positioning that can be interpreted as confidence in select sectors but are not direct AUM drivers. Read More.
- Neutral Sentiment: BlackRock Canada announced routine January cash distributions for iShares ETFs — supports steady ETF client servicing and predictable cash yield for Canadian investors. Read More.
- Neutral Sentiment: Executive commentary from Vice Chairman Philipp Hildebrand at Davos on geopolitics and AI provides strategic narrative but is informational rather than an immediate financial catalyst. Read More.
- Neutral Sentiment: Analyst/peer comparisons (e.g., Zacks piece comparing Patria Investments vs. BlackRock) are background valuation reads that may influence longer-term investor allocation decisions more than today’s moves. Read More.
- Negative Sentiment: U.S. bitcoin ETFs had net outflows on the day, including BlackRock’s IBIT — a headwind to short-term AUM and fee revenue continuity in crypto products. Read More.
- Negative Sentiment: Unverified reports of a large BlackRock XRP purchase circulated in crypto media — a noise event that can spur speculation and regulatory scrutiny; currently unconfirmed and should be treated cautiously. Read More.
Hedge Funds Weigh In On BlackRock
A number of institutional investors and hedge funds have recently modified their holdings of BLK. Pacifica Partners Inc. increased its holdings in shares of BlackRock by 450.0% in the 3rd quarter. Pacifica Partners Inc. now owns 22 shares of the asset manager’s stock valued at $25,000 after acquiring an additional 18 shares during the period. TruNorth Capital Management LLC grew its position in BlackRock by 1,000.0% during the 3rd quarter. TruNorth Capital Management LLC now owns 22 shares of the asset manager’s stock worth $26,000 after purchasing an additional 20 shares during the last quarter. Traub Capital Management LLC acquired a new position in BlackRock during the 2nd quarter valued at approximately $28,000. Whipplewood Advisors LLC raised its holdings in shares of BlackRock by 107.1% in the second quarter. Whipplewood Advisors LLC now owns 29 shares of the asset manager’s stock worth $30,000 after buying an additional 15 shares during the last quarter. Finally, Creekmur Asset Management LLC lifted its stake in shares of BlackRock by 87.5% during the second quarter. Creekmur Asset Management LLC now owns 30 shares of the asset manager’s stock worth $32,000 after buying an additional 14 shares during the period. Hedge funds and other institutional investors own 80.69% of the company’s stock.
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.
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