Amundi 13F: Adds $82M to BlackRock (BLK) Stake

Amundi Expands Stake in BlackRock

Asset management firm Amundi grew its investment in BlackRock, Inc. (NYSE:BLK) by purchasing an additional 84,954 shares during the period ended May 18, 2026. According to a Form 13F filing with the Securities and Exchange Commission, the firm lifted its position by 15.3% to reach a total of 641,778 shares. That sizable block of stock was valued at roughly $617.1 million at the time of reporting. Because 13F filings look backward at portfolio holdings from a specific date, the numbers show past activity and may not reflect the fund's current holdings today.

How the Position Grew

Prior to this purchase, Amundi held 556,824 shares of the investment manager. Adding nearly 85,000 shares moves the total past 641,000 shares, showing a clear appetite for the financial giant during the reporting window. The transaction added considerable weight to Amundi's holdings in the company, reflecting confidence from the large institutional investor.

BlackRock Stock Performance

Shares of BlackRock changed hands around $961.56 on Friday. The stock has experienced a range over the past year, hitting a low of $917.39 and climbing as high as $1,209.89. With a P/E ratio of 25.5 and a forward P/E of 17.3, the company continues to trade actively among major institutional players as markets shift.

Recent Earnings Power Financial Growth

The asset management firm reported $28.5 billion in revenue over the trailing period, alongside a net margin of 24.2% and an earnings per share figure of $43.92. The company's return on equity remains solid, and its next earnings update is slated for January 14, 2027.

Dividend Income for Shareholders

BlackRock offers an annual dividend yield of 2.05%, supported by a dividend payout ratio of 52.4% that returns a steady stream of cash to investors while leaving room to reinvest in the business.

Analysts Set New Price Targets

Wall Street firms continue to monitor the asset manager closely. On October 15, 2026, UBS maintained its buy rating and set a $1,300.00 price target. On the same day, Morgan Stanley kept an overweight rating with a target of $1,531.00, and JP Morgan maintained an overweight rating and a $1,449.00 target. Barclays also kept an overweight rating with a $1,410.00 target, Wells Fargo held an overweight rating with a $1,250.00 target, and Keefe, Bruyette & Woods maintained an outperform rating with a $1,310.00 target. Earlier in the month on October 13, Morgan Stanley kept an overweight rating at a $1,468.00 target, while TD Cowen held a hold rating with a $1,212.00 target. Overall, the stock holds a consensus strong buy recommendation.

Inside BlackRock's Business

Headquartered in New York, BlackRock is a major global investment manager providing services to institutional, intermediary, and individual investors. The firm manages a broad range of equity, fixed income, and alternative portfolios, alongside its well-known exchange traded funds.

What's Ahead for BlackRock, Inc.

Institutional investors will keep tracking regulatory filings and upcoming earnings reports for further clues on institutional sentiment. As always, quarterly 13F disclosures provide a helpful snapshot of past portfolio adjustments rather than real-time trading data.