BlackRock, BLK.NYSE.

Blackrock has been slowly, consistently and quietly gathering assets across the globe. They are a multinational company whose main aim is to invest in industries and make as much money as possible. BlackRock, Inc. is an American multinational investment management corporation based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world’s largest asset manager, with US$10 trillion in assets under management as of January 2022.

BlackRock’s share price has been rising for several years see chart below, as it has consolidated itself as one of the big three institutional investment agencies (Vanguard and State Farm) and has benefited from the rise of index-based investing and the strong financial market performance over the last several years. Indeed, BlackRock just reported its latest quarterly results highlighted by assets under management crossing a milestone of $10 trillion, driving overall solid operating and financial momentum. Overall, there’s a lot to like about BLK as a high-quality leader with a positive long-term outlook. That said, some headwinds into 2022 between rising market volatility and a changing interest rate environment warrant some caution. A plan to expand headcount while wages are rising is already pressuring margins and may limit the near-term upside in the stock.

Key Takeaways

• BlackRock is one of the world’s largest investment management companies by AUM.
• The company operates as a single business segment.
• The firm derives most of its revenue from investment advisory and administration fees.
• BlackRock said that it has halted purchases of Russian securities amid Russia’s invasion of Ukraine.

Is BlackRock an investment to consider?
Despite near-term market headwinds, BlackRock maintains a positive long-term outlook as a leading investment manager well-positioned to grow and consolidate its market share advises BOOX Research.

Motley Fool adds: A stellar long-term investment

BlackRock continues to lead the pack when it comes to portfolio solutions. The firm has done a splendid job of building out its iShares ETF offerings. It has also established itself as a leader in sustainable investment solutions to both institutional and retail clients, leveraging its technology platform in the process to drive continued growth. The stock has outperformed the S&P 500 for a decade now, returning investors a total of roughly 500% versus the index’s 300%, and there’s no reason it can’t continue to do so for the next decade. The company’s strong growth history allows it to pay out an attractive dividend yield of 1.9% at Friday’s prices, making it a solid option for income investors. Finally, BlackRock’s ability to innovate and get ahead of clients’ needs makes it a stellar long-term investment for any portfolio.

Sources: Wikipedia, SeekingAlpha, Investopedia, Motley Fool.