Blackrock Stock Price, News & Analysis

BlackRock's 2025 Global Family Office Survey reveals a significant shift in investment strategies amid geopolitical uncertainties. The survey shows 84% of family offices consider geopolitical uncertainty their primary concern, with 60% expressing pessimism about the global outlook. Alternative assets now comprise 42% of family office portfolios, up from 39% previously. The study highlights increased focus on risk management, with 68% of offices prioritizing diversification. Notable trends include growing interest in private credit (32% plan to increase allocation) and infrastructure (30% plan to increase). Family offices are also embracing external partnerships to address expertise gaps, with 75% noting needs in private-market analytics. While showing interest in AI, most family offices prefer investing in AI companies (45%) rather than implementing AI internally (33%).

Kuwait Investment Authority (KIA) has joined the AI Infrastructure Partnership (AIP) alongside MGX, BlackRock, GIP, and Microsoft. The partnership, established in September 2024, aims to mobilize $30 billion in equity capital, with potential to reach $100 billion including debt financing. KIA becomes the first non-founder financial anchor investor, joining existing technology partners NVIDIA, xAI, and Cisco. The partnership has already established agreements with GE Vernova and NextEra Energy to accelerate energy solutions for AI data centers. This strategic expansion reinforces AIP's global reach and commitment to developing next-generation AI infrastructure.

BlackRock (BLK) has launched the iShares Defense Industrials Active ETF (IDEF), an actively managed thematic ETF focused on defense and security companies. The fund aims to capitalize on the surge in global defense investment, which reached $2.7 trillion in 2024, marking a 9.4% year-over-year increase.

Managed by BlackRock's Multi-Asset Strategies & Solutions Group, IDEF employs a combination of macro research, proprietary analytics, and alternative data to build a portfolio targeting companies across cybersecurity, advanced technologies, aerospace, and strategic manufacturing. The ETF joins BlackRock's $45 billion active ETF platform and complements existing offerings like the iShares U.S. Aerospace & Defense ETF (ITA) and iShares Cybersecurity and Tech ETF (IHAK).

BlackRock has announced the final results of tender offers for two of its closed-end funds: BlackRock Enhanced Global Dividend Trust (BOE) and BlackRock Resources & Commodities Strategy Trust (BCX). Each fund offered to purchase up to 2.5% of its outstanding common shares. The tender offers, which expired on May 19, 2025, were oversubscribed for both funds.

For BOE, 12,288,978 shares were tendered, with 1,425,644 shares to be purchased at $11.8776 per share (98% of NAV) with a pro-ration factor of 0.11614930. For BCX, 14,138,859 shares were tendered, with 1,954,822 shares to be purchased at $9.7314 per share with a pro-ration factor of 0.13831200. Payments are expected within five business days after the expiration date.

BlackRock has announced the preliminary results of tender offers for two of its closed-end funds: BlackRock Enhanced Global Dividend Trust (BOE) and BlackRock Resources & Commodities Strategy Trust (BCX). Each fund offered to repurchase up to 2.5% of its outstanding common shares. The tender offers were significantly oversubscribed, with BOE receiving tenders for 12,288,978 shares against 1,425,644 shares offered, and BCX receiving 14,138,859 shares versus 1,954,822 shares offered. The purchase price will be 98% of each Fund's NAV as of May 20, 2025. Due to oversubscription, shares will be purchased on a prorated basis, with final results expected to be announced around May 20, 2025.

BlackRock (NYSE: BLK) has announced it will host its 2025 Investor Day on Thursday, June 12th, 2025. The event will run from approximately 8:00am to 2:00pm EDT. Interested parties can access the event through a live video webcast on BlackRock's website at www.blackrock.com. A replay of the event will be made available on the website after the event concludes. For any inquiries regarding the Investor Day, participants can contact BlackRock's Investor Relations team at invrel@blackrock.com.

BlackRock (NYSE:BLK) has announced a quarterly cash dividend of $5.21 per share of common stock. The dividend will be paid on June 23, 2025, to shareholders who are recorded as stockholders at the close of business on June 5, 2025. This dividend declaration demonstrates BlackRock's commitment to returning value to shareholders through regular dividend payments.

BlackRock (NYSE: BLK) announced its financial results for the first quarter of 2025. The company has made its earnings release and supplemental materials accessible through their investor relations website at ir.blackrock.com/quarterlyresults.

A teleconference call for investors and analysts will be hosted by Chairman and CEO Laurence D. Fink, President Robert S. Kapito, and CFO Martin S. Small at 7:30 a.m. ET. Interested participants can dial (786) 460-7166 from the United States or (877) 502-9276 from international locations.

A live webcast will be available through BlackRock's investor relations website, with a replay accessible by 10:30 a.m. ET on Friday, April 11, 2025.

Envestnet and BlackRock (NYSE: BLK) have launched custom model portfolios for registered investment advisors (RIAs), announced at the Elevate conference in Las Vegas. The collaboration combines BlackRock's portfolio design expertise with Envestnet's UMA technology, enabling RIAs to deliver personalized, tax-efficient investment strategies.

The offering will include traditional ETFs and mutual funds, with plans to incorporate SMAs, private markets, and alternative exposures. BlackRock, currently managing approximately $300 billion in model portfolio assets globally, projects managed model portfolios to grow from $5 trillion to $10 trillion in the next four years.

This enhancement builds upon a decade-long partnership between the companies, providing institutional-quality portfolios without added costs. According to Envestnet's 2022 research, firms allocating over 75% of their practice to model portfolios achieve higher valuations.