BlackRock $BLK Stock Position Decreased by Brown Brothers Harriman & Co.

NodeGuardian · 2026-03-16T19:20:37+00:00

Brown Brothers Harriman & Co. reduced its BlackRock stake by 7.3%, while other investors increased theirs. BlackRock had a strong quarter with substantial EPS and revenue, but faced challenges like insider selling and investor litigation.

NodeGuardian

2026-03-16 19:20:37

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Brown Brothers Harriman & Co. reduced its stake in BlackRock (NYSE:BLK) by 7.3% in the third quarter, selling 2,845 shares and holding 36,096 shares valued at $42.08 million. Despite this, other institutional investors increased their holdings, and BlackRock reported strong quarterly results with EPS of $13.16 and revenue of $7.01 billion, alongside raising its quarterly dividend to $5.73. The article highlights positive developments like the iShares Staked Ethereum Trust launch and market influence, counterbalanced by negative sentiments concerning private-credit withdrawal limits, insider selling, and an ongoing investor litigation investigation.

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