BLK · News · 20260823N
Institutional Ownership Increase
BlackRock, Inc. · 2026-08-23 · Importance 34 · Surprise 42 · In source text
BlackRock purchased 6,533,987 shares of Ingredion for approximately $618.8 million. The transaction gave BlackRock a 10.36% stake in the company, exceeding the 10% change threshold for ownership metrics. Institutional investors collectively own 85.27% of Ingredion, which recently exceeded quarterly earnings expectations despite a Hold analyst consensus.
Key facts
- BlackRock Inc. acquired over 190 million shares of Procter & Gamble valued at approximately $27.86 billion, representing 8.16% ownership. source
- BlackRock Inc. purchased over 11.2 million shares of Western Alliance Bancorporation valued at approximately $926.90 million during the second quarter, making BlackRock the largest institutional shareholder with about 10.34% of the company's stock. source
- BlackRock Inc. acquired over 25 million shares of Corebridge Financial valued at approximately $726.5 million, making BlackRock a 5.69% owner of Corebridge Financial. source
- BlackRock Inc. acquired a new stake of 9.39 million shares in Voya Financial valued at approximately $850.2 million, now owning 10.36% of the company. source
- BlackRock Inc. has acquired a new stake in Qorvo, Inc., purchasing over 10 million shares valued at approximately $942.61 million. source
- BlackRock Inc. recently acquired 7.35 million shares of Diodes Incorporated, valued at approximately $803.9 million, giving it a 15.99% stake in the semiconductor company. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | +15.8% | BlackRock Inc. acquired over 190 million shares of Procter & Gamble valued at approximately $27.86 billion, representing 8.16% ownership. |