BlackRock (BLK) Projected to Post Earnings on Wednesday

BlackRock (NYSE:BLKGet Free Report) will likely be releasing its Q2 2026 results before the market opens on Wednesday, July 15th. Analysts expect BlackRock to announce earnings of $12.58 per share and revenue of $6.6879 billion for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, July 15, 2026 at 7:30 AM ET.

BlackRock (NYSE:BLKGet Free Report) last posted its quarterly earnings data on Tuesday, April 14th. The asset manager reported $12.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $12.40 by $0.13. The business had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $6.56 billion. BlackRock had a return on equity of 14.74% and a net margin of 24.40%.The firm’s quarterly revenue was up 27.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $9.64 earnings per share. On average, analysts expect BlackRock to post $53 EPS for the current fiscal year and $61 EPS for the next fiscal year.

BlackRock Stock Performance

Shares of BlackRock stock opened at $1,008.13 on Wednesday. BlackRock has a 12 month low of $917.39 and a 12 month high of $1,219.94. The firm has a market capitalization of $156.49 billion, a P/E ratio of 25.30, a P/E/G ratio of 1.30 and a beta of 1.43. The company has a current ratio of 4.09, a quick ratio of 4.09 and a debt-to-equity ratio of 0.34. The business has a fifty day simple moving average of $1,036.42 and a two-hundred day simple moving average of $1,044.90.

BlackRock Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Friday, June 5th were paid a $5.73 dividend. This represents a $22.92 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Friday, June 5th. BlackRock’s dividend payout ratio (DPR) is presently 57.53%.

Trending Headlines about BlackRock

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Analysts Set New Price Targets

Several equities research analysts recently commented on BLK shares. The Goldman Sachs Group boosted their price objective on shares of BlackRock from $1,181.00 to $1,313.00 and gave the stock a “buy” rating in a research note on Wednesday, April 15th. BNP Paribas Exane raised their target price on shares of BlackRock from $1,300.00 to $1,350.00 and gave the company an “outperform” rating in a research note on Tuesday, June 23rd. Evercore lowered their target price on shares of BlackRock from $1,220.00 to $1,140.00 and set an “outperform” rating for the company in a report on Monday, June 8th. UBS Group boosted their price target on BlackRock from $1,235.00 to $1,270.00 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. Finally, TD Cowen cut their price target on BlackRock from $1,238.00 to $1,105.00 and set a “hold” rating on the stock in a research note on Thursday, April 9th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,269.44.

Read Our Latest Stock Report on BlackRock

Insider Activity

In other BlackRock news, President Robert Kapito sold 8,739 shares of BlackRock stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $1,056.60, for a total value of $9,233,627.40. Following the completion of the transaction, the president directly owned 210,186 shares of the company’s stock, valued at approximately $222,082,527.60. The trade was a 3.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Laurence Fink sold 33,900 shares of the company’s stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $1,050.55, for a total transaction of $35,613,645.00. Following the completion of the transaction, the chief executive officer owned 230,516 shares in the company, valued at approximately $242,168,583.80. This represents a 12.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.92% of the company’s stock.

Hedge Funds Weigh In On BlackRock

A number of hedge funds have recently added to or reduced their stakes in BLK. Schnieders Capital Management LLC. purchased a new position in shares of BlackRock in the second quarter worth $259,000. Brighton Jones LLC boosted its position in shares of BlackRock by 23.1% during the fourth quarter. Brighton Jones LLC now owns 1,575 shares of the asset manager’s stock valued at $1,615,000 after buying an additional 296 shares during the last quarter. Bison Wealth LLC increased its holdings in BlackRock by 1.6% in the 4th quarter. Bison Wealth LLC now owns 1,052 shares of the asset manager’s stock worth $1,078,000 after buying an additional 17 shares in the last quarter. Atlas Capital Advisors Inc. purchased a new position in BlackRock in the 4th quarter worth about $131,000. Finally, Acumen Wealth Advisors LLC purchased a new position in BlackRock in the 4th quarter worth about $116,000. 80.69% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock Company Profile

(Get Free Report)

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.

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Earnings History for BlackRock (NYSE:BLK)

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