Etesian Wealth Advisors Inc. Reduces Stake in BlackRock $BLK

10 Oct 2025, 10:30 by Teresa Graham · The Cerbat Gem

Etesian Wealth Advisors Inc. decreased its stake in shares of BlackRock (NYSE:BLK – Free Report) by 6.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 540 shares of the asset manager’s stock after selling 39 shares during the period. Etesian Wealth Advisors Inc.’s holdings in BlackRock were worth $567,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. McLean Asset Management Corp raised its stake in BlackRock by 3.9% during the second quarter. McLean Asset Management Corp now owns 266 shares of the asset manager’s stock valued at $285,000 after buying an additional 10 shares in the last quarter. Trust Co. of Oklahoma raised its stake in BlackRock by 0.5% during the second quarter. Trust Co. of Oklahoma now owns 2,023 shares of the asset manager’s stock valued at $2,123,000 after buying an additional 10 shares in the last quarter. TOWER TRUST & INVESTMENT Co raised its stake in BlackRock by 1.3% during the second quarter. TOWER TRUST & INVESTMENT Co now owns 799 shares of the asset manager’s stock valued at $838,000 after buying an additional 10 shares in the last quarter. Ashton Thomas Securities LLC raised its stake in BlackRock by 4.7% during the second quarter. Ashton Thomas Securities LLC now owns 223 shares of the asset manager’s stock valued at $234,000 after buying an additional 10 shares in the last quarter. Finally, Ameriflex Group Inc. raised its stake in BlackRock by 8.8% during the second quarter. Ameriflex Group Inc. now owns 123 shares of the asset manager’s stock valued at $127,000 after buying an additional 10 shares in the last quarter. Hedge funds and other institutional investors own 80.69% of the company’s stock.

BlackRock Stock Performance

Shares of BLK stock opened at $1,165.64 on Friday. BlackRock has a 12-month low of $773.74 and a 12-month high of $1,184.13. The firm has a market capitalization of $180.50 billion, a price-to-earnings ratio of 28.18, a price-to-earnings-growth ratio of 2.21 and a beta of 1.45. The business has a 50 day simple moving average of $1,134.03 and a 200 day simple moving average of $1,033.55. The company has a debt-to-equity ratio of 0.39, a current ratio of 4.04 and a quick ratio of 4.04.

BlackRock (NYSE:BLK – Get Free Report) last issued its quarterly earnings data on Tuesday, July 15th. The asset manager reported $12.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $10.41 by $1.64. BlackRock had a return on equity of 15.53% and a net margin of 29.68%.The business had revenue of $5.42 billion during the quarter, compared to analyst estimates of $5.40 billion. During the same period in the prior year, the company posted $10.36 EPS. The business’s revenue for the quarter was up 12.9% compared to the same quarter last year. On average, equities research analysts anticipate that BlackRock will post 47.41 EPS for the current year.

BlackRock Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 23rd. Investors of record on Friday, September 5th were issued a $5.21 dividend. This represents a $20.84 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Friday, September 5th. BlackRock’s dividend payout ratio is 50.39%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on BLK. Weiss Ratings restated a “buy (b-)” rating on shares of BlackRock in a research note on Wednesday. Jefferies Financial Group upped their target price on BlackRock from $1,196.00 to $1,325.00 and gave the company a “buy” rating in a report on Tuesday. Morgan Stanley upped their target price on BlackRock from $1,224.00 to $1,362.00 and gave the company an “overweight” rating in a report on Monday. Argus reaffirmed a “buy” rating on shares of BlackRock in a report on Tuesday, July 8th. Finally, Keefe, Bruyette & Woods lowered their target price on BlackRock from $1,247.00 to $1,224.00 and set an “outperform” rating for the company in a report on Wednesday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,258.13.

Check Out Our Latest Report on BlackRock

Insiders Place Their Bets

In other BlackRock news, Director Fabrizio Freda sold 4,434 shares of the stock in a transaction on Thursday, July 24th. The stock was sold at an average price of $1,122.81, for a total transaction of $4,978,539.54. Following the completion of the transaction, the director directly owned 3,506 shares of the company’s stock, valued at approximately $3,936,571.86. This trade represents a 55.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Rachel Lord sold 18,036 shares of the stock in a transaction on Friday, July 25th. The shares were sold at an average price of $1,125.60, for a total value of $20,301,321.60. Following the transaction, the director directly owned 19,205 shares of the company’s stock, valued at approximately $21,617,148. The trade was a 48.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 66,494 shares of company stock valued at $74,694,573. 1.98% of the stock is owned by corporate insiders.

About BlackRock

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