BlackRock, Inc. (BLK)

In the past six months, BlackRock's stock (BLK) reached a 52-week high of $1,084.22 on January 31, 2025, and a 52-week low of $773.74 on April 7, 2025. Key events impacting the stock include earnings reports, dividends and share repurchases, strategic acquisitions and partnerships, product launches, and the 2025 Investor Day. BlackRock reported its full-year and fourth-quarter 2024 earnings on January 15, 2025, and its first-quarter 2025 financial results on April 11, 2025. The company declared quarterly dividends and repurchased shares. BlackRock completed the acquisition of Preqin Holding Limited and expanded its AI Infrastructure Partnership. The company also launched a Texas ETF, a Global Government Bond Hedged ETF, and an actively-managed Defense ETF.

Demand seasonality for BlackRock is not characterized by predictable peaks and valleys but is influenced by broader market conditions, investor sentiment, and capital flows. BlackRock's AUM can fluctuate based on market performance and client inflows and outflows. ETP flow reports indicate monthly variations in investment activity. The company aims to build an "all-weather" platform to be resilient across various market environments.

BlackRock, Inc. is a multinational investment company and one of the world's largest asset managers, with approximately $11.6 trillion in AUM as of December 31, 2024. Its core business involves providing investment management and technology services to institutional and retail clients globally. BlackRock is the manager of the iShares group of ETFs and offers risk management, investment system outsourcing, and financial advisory services through its BlackRock Solutions division. BlackRock has also positioned itself as an industry leader in ESG investments and offers wealth management services.

Headquartered in New York City, BlackRock has a significant global presence with 70 offices in 30 countries and serves clients in over 100 countries. Nearly one-third of its employees are located outside the U.S., and a substantial portion of its managed assets comes from non-U.S. investors. The Americas region contributes over 65% to BlackRock's revenue.

BlackRock's brand reputation has been significantly influenced by its focus on ESG considerations, drawing both support and criticism. Several U.S. states have divested money from or refused to do business with BlackRock due to its ESG policies. A "greenwashing" complaint was filed against BlackRock for alleged misleading marketing of investment funds, leading to subsequent changes to comply with new fund naming guidelines.

BlackRock is publicly owned, with no single majority shareholder. Major institutional owners include The Vanguard Group Inc., BlackRock, Inc. itself, State Street Corp, Temasek Holdings (Private) Ltd, Bank of America Corp /De/, Capital World Investors, Morgan Stanley, Capital Research Global Investors, Geode Capital Management, Llc, and Wells Fargo & Company/Mn. Top individual shareholders include Laurence D. Fink, Susan Wagner, Robert Kapito, J. Richard Kushel, and Murry Gerber.