BlackRock (NYSE:BLK) Price Target Raised to $1,340.00

BlackRock (NYSE:BLK) had its price target lifted by Keefe, Bruyette & Woods from $1,310.00 to $1,340.00 in a research note published on Tuesday,MarketScreener reports. The firm currently has an outperform rating on the asset manager’s stock.

Other equities research analysts also recently issued reports about the stock. Bank of America boosted their price target on shares of BlackRock from $1,456.00 to $1,464.00 in a research note on Wednesday, December 10th. BMO Capital Markets dropped their target price on shares of BlackRock from $1,300.00 to $1,250.00 and set an “outperform” rating for the company in a report on Tuesday, January 13th. JPMorgan Chase & Co. upped their price target on BlackRock from $1,244.00 to $1,267.00 and gave the stock a “neutral” rating in a research note on Friday, January 9th. TD Cowen cut BlackRock from a “buy” rating to a “hold” rating in a research note on Wednesday, January 14th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on BlackRock from $1,296.00 to $1,380.00 in a report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,311.11.

BlackRock Price Performance

NYSE:BLK opened at $1,082.23 on Tuesday. BlackRock has a 52 week low of $773.74 and a 52 week high of $1,219.94. The stock’s fifty day moving average is $1,093.58 and its two-hundred day moving average is $1,105.07. The company has a market capitalization of $167.91 billion, a P/E ratio of 30.55, a P/E/G ratio of 1.37 and a beta of 1.47. The company has a quick ratio of 3.33, a current ratio of 3.33 and a debt-to-equity ratio of 0.34.

BlackRock (NYSE:BLK) last issued its quarterly earnings data on Thursday, January 15th. The asset manager reported $13.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $12.55 by $0.61. The firm had revenue of $6.33 billion during the quarter, compared to the consensus estimate of $6.80 billion. BlackRock had a return on equity of 15.14% and a net margin of 22.93%.The company’s quarterly revenue was up 23.4% on a year-over-year basis. During the same period last year, the company earned $11.93 EPS. Equities analysts expect that BlackRock will post 47.41 EPS for the current year.

BlackRock Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Friday, March 6th will be paid a dividend of $5.73 per share. This represents a $22.92 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, March 6th. This is a positive change from BlackRock’s previous quarterly dividend of $5.21. BlackRock’s payout ratio is presently 58.84%.

Insider Buying and Selling

In other news, COO Robert L. Goldstein sold 5,293 shares of the business’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $1,084.22, for a total transaction of $5,738,776.46. Following the completion of the transaction, the chief operating officer directly owned 46,185 shares of the company’s stock, valued at approximately $50,074,700.70. The trade was a 10.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director J. Richard Kushel sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $1,125.00, for a total transaction of $22,500,000.00. Following the sale, the director owned 61,894 shares in the company, valued at $69,630,750. The trade was a 24.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 109,967 shares of company stock worth $122,487,380 over the last 90 days. 1.98% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On BlackRock

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in BlackRock by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 14,062,677 shares of the asset manager’s stock worth $15,051,846,000 after buying an additional 221,123 shares during the last quarter. State Street Corp raised its position in shares of BlackRock by 0.5% during the 4th quarter. State Street Corp now owns 6,264,545 shares of the asset manager’s stock worth $6,705,193,000 after acquiring an additional 33,752 shares in the last quarter. Corient Private Wealth LLC raised its position in shares of BlackRock by 5,190.3% during the 4th quarter. Corient Private Wealth LLC now owns 5,490,422 shares of the asset manager’s stock worth $5,876,618,000 after acquiring an additional 5,386,640 shares in the last quarter. Bank of America Corp DE lifted its stake in BlackRock by 3.0% during the fourth quarter. Bank of America Corp DE now owns 5,197,904 shares of the asset manager’s stock worth $5,563,524,000 after purchasing an additional 149,902 shares during the last quarter. Finally, Capital Research Global Investors boosted its holdings in BlackRock by 0.3% in the fourth quarter. Capital Research Global Investors now owns 3,838,937 shares of the asset manager’s stock valued at $4,108,968,000 after purchasing an additional 12,019 shares in the last quarter. 80.69% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: ValueAct’s David Morfit disclosed a position in BlackRock and said the firm’s technology initiatives could make BlackRock “more powerful,” signaling potential activist support and strategic upside for the asset manager. ValueAct’s Morfit announces BlackRock position
• Positive Sentiment: Keefe, Bruyette & Woods raised its BLK price target to $1,340 and kept an outperform rating — a sizable analyst-upside that supports the stock’s valuation expectations. Keefe Bruyette Woods adjusts price target on BlackRock
• Positive Sentiment: Reports of a Hong Kong-linked firm and other large buyers putting significant capital into BlackRock’s iShares Bitcoin Trust (IBIT) highlight continued institutional demand for IBIT flows and fee-generating ETF assets. That demand can support revenues tied to ETF AUM. Mystery firm pours $436M into BlackRock’s ETF
• Positive Sentiment: Analysts remain broadly bullish on BLK’s medium-term growth despite recent underperformance, supporting buy-side interest and giving the stock fundamental backing. BlackRock Stock: Analyst Estimates & Ratings
• Neutral Sentiment: Jane Street and other market-maker 13F filings showed large IBIT positions, sparking manipulation rumors — but market-structure experts say those filings are consistent with dealer inventory/hedging rather than directional bets, so the impact on BLK is uncertain. Is Jane Street manipulating Bitcoin? The viral theory explained
• Neutral Sentiment: BlackRock trimmed a stake in a bitcoin-proxy strategy but remains the top shareholder — a modest repositioning that keeps it central to crypto ETF market dynamics without changing the company’s ETF leadership role. BlackRock trims stake in Bitcoin proxy Strategy
• Neutral Sentiment: Regulatory filings show new disclosed stakes in Qiagen and a sub‑5% indirect holding in Stora Enso — portfolio moves that matter for disclosure but are unlikely to shift BLK’s core business metrics materially. BlackRock Discloses stake in Qiagen
• Negative Sentiment: Rosen Law Firm announced an investigation into potential breaches of fiduciary duty by BlackRock directors/officers — litigation or governance scrutiny can create headline risk and investor unease. Rosen Law Firm investigation of BlackRock
• Negative Sentiment: Bitcoin ETFs recorded net outflows and a sharp slowdown in trading volume this week; weaker IBIT flows and crypto volatility can pressure fee growth tied to those ETFs. Bitcoin ETFs log $105M outflows as mystery IBIT buyer surfaces
• Negative Sentiment: Coverage noting that BLK “slid on investors’ concerns” points to short-term profit-taking and sentiment-driven volatility following the mix of news above. BlackRock (BLK) Slid on Investors’ Concerns

BlackRock Company Profile

BlackRock, Inc is a global investment management firm that provides a broad range of products and services to institutional, intermediary and individual investors. Its core activities include portfolio management across active and index strategies, exchange-traded funds (ETFs) under the iShares brand, fixed income, equity and multi-asset solutions, as well as alternatives such as private equity, real estate and infrastructure. The firm also offers cash management and liquidity solutions and retirement-focused products designed for defined contribution and defined benefit investors.

In addition to traditional investment management, BlackRock is known for its technology and risk management capabilities, most prominently its Aladdin platform, which combines portfolio management, trading and risk analytics and is used both internally and licensed to external clients.