BlackRock (NYSE:BLK) Price Target Lowered to $1,275.00 at Evercore ISI

BlackRock (NYSE:BLK) had its target price reduced by analysts at Evercore ISI from $1,300.00 to $1,275.00 in a research note issued to investors on Monday,MarketScreener reports. The brokerage currently has an “outperform” rating on the asset manager’s stock. Evercore ISI’s price objective suggests a potential upside of 10.15% from the stock’s previous close.

Several other research firms have also weighed in on BLK. BMO Capital Markets reduced their price objective on BlackRock from $1,300.00 to $1,250.00 and set an “outperform” rating on the stock in a research note on Tuesday. Deutsche Bank Aktiengesellschaft raised their target price on shares of BlackRock from $1,296.00 to $1,380.00 in a research note on Thursday. Cowen cut shares of BlackRock from a “buy” rating to a “hold” rating in a research report on Wednesday. Bank of America raised their target price on BlackRock from $1,456.00 to $1,464.00 in a report on Wednesday, December 10th. Finally, Barclays dropped their price objective on shares of BlackRock from $1,340.00 to $1,300.00 and set an “overweight” rating on the stock in a research note on Thursday, January 8th. Fifteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,303.18.

BlackRock Trading Up 6.0%

BLK stock traded up $65.70 on Monday, hitting $1,157.55. 1,400,755 shares of the company were exchanged, compared to its average volume of 788,618. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.33 and a quick ratio of 3.33. The stock has a market capitalization of $179.59 billion, a price-to-earnings ratio of 29.76, a price-to-earnings-growth ratio of 1.57 and a beta of 1.47. BlackRock has a twelve month low of $773.74 and a twelve month high of $1,219.94. The business’s fifty day moving average is $1,068.41 and its two-hundred day moving average is $1,103.49.

BlackRock (NYSE:BLK) last announced its quarterly earnings data on Thursday, January 15th. The asset manager reported $13.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $12.55 by $0.61. BlackRock had a net margin of 26.64% and a return on equity of 14.80%. The company had revenue of $7.01 billion during the quarter, compared to analysts’ expectations of $6.80 billion. During the same period in the previous year, the company earned $11.93 EPS. The business’s quarterly revenue was up 23.4% compared to the same quarter last year. As a group, research analysts forecast that BlackRock will post 47.41 earnings per share for the current year.

Insider Activity at BlackRock

In other news, CFO Martin Small sold 1,258 shares of the company’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $1,043.38, for a total transaction of $1,312,572.04. Following the completion of the transaction, the chief financial officer directly owned 6,209 shares of the company’s stock, valued at approximately $6,478,346.42. This represents a 16.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Rachel Lord sold 12,000 shares of the stock in a transaction on Monday, October 20th. The stock was sold at an average price of $1,165.04, for a total value of $13,980,480.00. Following the completion of the sale, the director directly owned 7,205 shares in the company, valued at $8,394,113.20. This represents a 62.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.98% of the company’s stock.

Institutional Trading of BlackRock

Several large investors have recently added to or reduced their stakes in the business. Brighton Jones LLC raised its stake 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 purchasing an additional 296 shares in the last quarter. Bison Wealth LLC increased its stake in BlackRock by 1.6% during the 4th quarter. Bison Wealth LLC now owns 1,052 shares of the asset manager’s stock valued at $1,078,000 after buying an additional 17 shares during the period. Balefire LLC bought a new stake in shares of BlackRock during the 2nd quarter worth about $264,000. Pines Wealth Management LLC bought a new position in shares of BlackRock in the second quarter valued at approximately $252,000. Finally, Sovran Advisors LLC lifted its holdings in BlackRock by 10.8% in the 2nd quarter. Sovran Advisors LLC now owns 821 shares of the asset manager’s stock valued at $883,000 after acquiring an additional 80 shares during the last quarter. 80.69% of the stock is currently owned by institutional investors and hedge funds.

Key BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Q4 results beat expectations — revenue of ~$7.01B and EPS above consensus, showing healthy fee growth and driving investor confidence. BlackRock Press Release
• Positive Sentiment: Record AUM: BlackRock reported assets under management of about $14 trillion after a quarter of massive inflows — a headline milestone that supports fee revenue visibility and scale advantages. BlackRock Earnings: Company Hits Record $14 Trillion in Assets Behind Strong ETF Flows
• Positive Sentiment: Shareholder returns: management announced a 10% dividend increase and new buyback authorization — a direct positive for per-share metrics and investor sentiment. BlackRock Raises Dividend 10% and Announces New Stock Buybacks
• Positive Sentiment: AI partnership fundraising: BlackRock said its JV with Microsoft has raised ~$12.5B toward a $30B target for AI/data-center investments — a growth-area push that signals long-term strategic upside. BlackRock Says AI Partnership Raises $12.5 Billion Toward $30 Billion Goal
• Neutral Sentiment: ETF and product mix: strong ETF and fixed-income inflows powered the quarter (including spot crypto ETF flows), lifting AUM but concentrating growth in fee-sensitive products — positive for scale but could pressure margins long term. BlackRock Total Assets Hit Record $14 Trillion on ETF Surge
• Neutral Sentiment: Analyst views and targets remain constructive overall (median targets above current levels), supporting sentiment but leaving upside tied to execution. QuiverQuant Coverage & Analyst Targets
• Negative Sentiment: Profitability and cash-flow weakness: GAAP net income and operating profit fell year-over-year, and some reports flagged weaker operating cash flow — these metrics create near-term earnings-quality questions despite the top-line beat. BlackRock’s Profit Fell, Assets Hit Record $14 Trillion, in Fourth Quarter
• Negative Sentiment: Conflicting third‑party summaries: some data feeds flagged weaker EPS or margin pressure on different accounting bases, which can create short-term headline volatility and trader confusion. QuiverQuant: Revenue Up but EPS Miss; Profit and Cash Flow Weak

About BlackRock

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.