BlackRock (BLK) Increases Investment in Italy's Leading Telecom Company TIM Group
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 29 2025
0mins
Source: TipRanks
BlackRock's Increased Stake in Telecom Italia
- Investment Details: BlackRock has increased its stake in Telecom Italia to 5.1%, up from approximately 4.98%. This move is documented in a regulatory filing reviewed by Reuters.
- Historical Context: BlackRock has been a long-term investor in Telecom Italia, previously holding a 7.8% voting stake as of late 2013. Other significant investors in Telecom Italia include The Vanguard Group, Norges Bank Investment Management, and Dimensional Funds Advisors LP.
Strategic Partnerships and Initiatives
- Collaboration with Flexport: BlackRock has partnered with Flexport to enhance supply chain financing, aiming to create a financing pool of $250 million. This initiative responds to increased operational costs faced by American retailers and manufacturers due to the fluctuating tariff regime under President Trump.
- Panama Multi-Port Acquisition: BlackRock, in collaboration with Mediterranean Shipping Company, is pursuing a $23 billion acquisition deal for multiple ports in Panama. This deal, however, has been postponed until 2026.
Financial Growth and Future Plans
- Asset Milestone: BlackRock's assets have surpassed $12 trillion, making it the first investment firm to reach this milestone, driven by record-high stock prices in the U.S.
- Retirement Fund Launch: The firm plans to launch its own retirement fund next year, following a directive from President Trump to expand access to alternative assets in 401(k) plans. This move has drawn criticism from experts concerned about the risks for average investors.
Market Performance and Analyst Recommendations
- Stock Recommendations: BlackRock's shares are rated as a Strong Buy, supported by 12 Buy ratings and one Hold from analysts. The average target price for BLK shares is $1,176, indicating a potential upside of 4.75% from the current trading price.
Analyst Views on TIMB
Wall Street analysts forecast TIMB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TIMB is 24.53 USD with a low forecast of 23.50 USD and a high forecast of 27.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
1 Buy
3 Hold
1 Sell
Hold
Current: 22.880
Low
23.50
Averages
24.53
High
27.00
Current: 22.880
Low
23.50
Averages
24.53
High
27.00
About TIMB
Tim SA, formerly known as a Intelig Telecomunicacoes Ltda, is a Brazil-based telecommunications company. The Company offers mobile voice and data services, broadband Internet access, value-added services and other telecommunications services and products. The Company offers a complete portfolio for individuals and corporate solutions for small, medium, and large companies. In addition to traditional voice and data services, the Company offers a fixed-line broadband service, TIM Live, WTTx technology through the Ultrafibra service and IoT solutions. The Company also offers a variety of digital content and services in its package portfolio. The Company is controlled by Tim Brasil Servicos e Participacoes SA.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
