BlackRock $BLK Shares Sold by State of Alaska Department of Revenue

13 Apr 2026, 07:36 by Jessica Moore · The Cerbat Gem

State of Alaska Department of Revenue lessened its stake in BlackRock (NYSE:BLK – Free Report) by 8.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,368 shares of the asset manager’s stock after selling 1,375 shares during the period. State of Alaska Department of Revenue’s holdings in BlackRock were worth $15,378,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. FSM Wealth Advisors LLC increased its position in BlackRock by 12.6% in the 4th quarter. FSM Wealth Advisors LLC now owns 277 shares of the asset manager’s stock valued at $296,000 after acquiring an additional 31 shares during the period. Brown Miller Wealth Management LLC increased its position in BlackRock by 0.4% in the 4th quarter. Brown Miller Wealth Management LLC now owns 3,216 shares of the asset manager’s stock valued at $3,443,000 after acquiring an additional 14 shares during the period. TCV Trust & Wealth Management Inc. acquired a new position in BlackRock in the 4th quarter valued at about $20,279,000. Clear Creek Financial Management LLC increased its position in BlackRock by 13.2% in the 4th quarter. Clear Creek Financial Management LLC now owns 667 shares of the asset manager’s stock valued at $714,000 after acquiring an additional 78 shares during the period. Finally, Ritholtz Wealth Management increased its position in BlackRock by 37.8% in the 4th quarter. Ritholtz Wealth Management now owns 4,171 shares of the asset manager’s stock valued at $4,464,000 after acquiring an additional 1,145 shares during the period. Institutional investors and hedge funds own 80.69% of the company’s stock.

BlackRock Price Performance

Shares of NYSE:BLK opened at $999.42 on Monday. The business’s 50 day simple moving average is $1,016.00 and its 200-day simple moving average is $1,070.62. The firm has a market capitalization of $155.45 billion, a price-to-earnings ratio of 28.22, a price-to-earnings-growth ratio of 1.38 and a beta of 1.48. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.98 and a quick ratio of 2.98. BlackRock has a 12 month low of $840.50 and a 12 month high of $1,219.94.

BlackRock (NYSE:BLK – Get Free Report) last announced its quarterly earnings results on Thursday, January 15th. The asset manager reported $13.16 EPS for the quarter, topping the consensus estimate of $12.55 by $0.61. The business had revenue of $7.01 billion for the quarter, compared to analyst estimates of $6.80 billion. BlackRock had a return on equity of 14.78% and a net margin of 22.93%.The company’s quarterly revenue was up 23.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $11.93 EPS. As a group, equities analysts forecast that BlackRock will post 47.41 earnings per share for the current fiscal year.

BlackRock Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Friday, March 6th were paid a dividend of $5.73 per share. This is a positive change from BlackRock’s previous quarterly dividend of $5.21. The ex-dividend date of this dividend was Friday, March 6th. This represents a $22.92 annualized dividend and a dividend yield of 2.3%. BlackRock’s dividend payout ratio is presently 64.71%.

Insider Transactions at BlackRock

In related news, Director Stephen Cohen sold 225 shares of BlackRock stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $1,069.56, for a total transaction of $240,651.00. Following the completion of the transaction, the director directly owned 5,661 shares in the company, valued at $6,054,779.16. The trade was a 3.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Robert L. Goldstein sold 5,293 shares of BlackRock stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $1,084.22, for a total value of $5,738,776.46. Following the transaction, the chief operating officer owned 46,185 shares of the company’s stock, valued at $50,074,700.70. This represents a 10.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 111,319 shares of company stock worth $123,999,249 over the last quarter. Insiders own 1.98% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on BLK. Weiss Ratings restated a “buy (b-)” rating on shares of BlackRock in a research report on Friday, March 27th. Morgan Stanley dropped their price target on BlackRock from $1,550.00 to $1,368.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 1st. Deutsche Bank Aktiengesellschaft lifted their price objective on BlackRock from $1,296.00 to $1,380.00 in a report on Thursday, January 15th. The Goldman Sachs Group lowered their price objective on BlackRock from $1,341.00 to $1,181.00 and set a “buy” rating on the stock in a report on Monday, April 6th. Finally, BMO Capital Markets lowered their price objective on BlackRock from $1,300.00 to $1,200.00 and set an “outperform” rating on the stock in a report on Friday. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,255.00.

View Our Latest Stock Report on BLK

Key BlackRock News

Here are the key news stories impacting BlackRock this week:

Positive Sentiment: Big inflows into BlackRock’s spot Bitcoin ETF signal continued demand for its crypto ETF franchise — Cointelegraph reports $269M flowed into the iShares Bitcoin Trust in a single day, helping stabilize ETF flows and AUM dynamics. Article Title
Positive Sentiment: BlackRock is expanding its crypto and staking infrastructure (largest single-day ETH buys reported; added Galaxy Digital as an ETHB validator), which supports growth of fee-bearing, differentiated ETF products. Article Title
Positive Sentiment: Product innovation: CNBC highlights BlackRock applying hedge‑fund long/short strategies to liquid alternative ETFs — this could attract higher‑margin flows and broader client demand. Article Title
Neutral Sentiment: Strategic moves: BlackRock’s infrastructure arm is reportedly eyeing Associated British Ports — a sign of continued private markets deployment that can diversify fee streams but would be capital‑intensive and long‑dated. Article Title
Neutral Sentiment: Dividend and income positioning: several pieces (Yahoo/Zacks/TipRanks) highlight BLK as an attractive dividend stock and point to high‑yield BlackRock dividend ETFs — supportive for long‑term investor demand but not an immediate catalyst. Article Title
Negative Sentiment: Concentrated analyst pressure: multiple firms trimmed targets/ratings this week (UBS, TD Cowen, Evercore, BMO among them), reducing upside expectations and amplifying near‑term selling pressure. Article Title
Negative Sentiment: Investor litigation risk: Pomerantz announced an investigation into BlackRock on April 9 — legal actions or settlements could create headline risk and uncertainty for shareholders. Article Title
Negative Sentiment: Management caution: BlackRock’s Helen Jewell warned that earnings estimates may be overly optimistic amid inflationary pressures from geopolitical events — increased guidance risk ahead of Q1 results. Article Title

BlackRock Company 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.