BlackRock (BLK) Stock News

Humana entered a new joint venture with BlackRock to manage nearly 150 CenterWell Senior Primary Care clinics, replacing existing ventures with WCAS. BlackRock acquires WCAS's equity for about $2.8 billion. The deal removes a put option, reducing Humana's balance sheet liabilities. Humana affirmed 2026 adjusted EPS guidance of at least $9.00.

TD Cowen increased its price target for BlackRock shares to $1212.00.

Fitch raised ratings on the Class C through E notes of BlackRock European CLO XV DAC. The remaining tranches were affirmed. No rationale was provided.

Wells Fargo reduced its price target for BlackRock shares from $1245.00 to $1230.00.

BlackRock's Future of Wealth report shows nearly 40% of affluent women are unadvised, and 40% of advised women with $5M-$10M in assets may switch advisors. Women prioritize wealth growth over preservation, contrary to advisor perceptions. The report suggests a significant untapped opportunity for advisors who adapt.

BlackRock says AI agents could use stablecoins to buy computing power and data without human approval. The claim is unconfirmed.

BlackRock built three model portfolios that will trade as digital tokens on the blockchain, tokenized by Ondo Finance. The portfolios hold stock, bond and bitcoin ETFs. Ondo is launching seven tokenized portfolios Thursday, including three from BlackRock: high-income, diversified growth and high-growth. They are initially available to non-U.S. investors, who can borrow against tokens, transfer them and trade 24/7. No direct shareholder rights for those investors. BlackRock CEO Larry Fink has called tokenization the next generation for markets. Ondo has $3.9 billion in tokenized assets.

BlackRock has launched three tokenized model portfolios via Ondo Finance, holding a mix of stock, bond and bitcoin ETFs. Initially for non-US investors. SEC cleared path with temporary exemptions excluding synthetic tracker tokens.

BlackRock has built model portfolios for a tokenization initiative by an unnamed crypto firm, according to company executives cited by the Wall Street Journal. The move signals growing institutional interest in blockchain-based asset representation.