BlackRock (NYSE:BLK) Receives $1,308.89 Average PT from Brokerages

Shares of BlackRock (NYSE:BLK) have been given an average recommendation of “Moderate Buy” by the nineteen analysts that are currently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation, fifteen have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $1,308.8889.

Several brokerages have recently issued reports on BLK. Freedom Capital raised shares of BlackRock from a “hold” rating to a “strong-buy” rating in a report on Friday, January 23rd. BMO Capital Markets reduced 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 research note on Tuesday, January 13th. The Goldman Sachs Group restated a “buy” rating and issued a $1,313.00 target price on shares of BlackRock in a research report on Tuesday, December 9th. Jefferies Financial Group restated a “buy” rating and issued a $1,351.00 price target on shares of BlackRock in a research note on Friday, January 16th. Finally, UBS Group upgraded BlackRock from a “neutral” rating to a “buy” rating and set a $1,280.00 price objective for the company in a research report on Monday, February 23rd.

BlackRock Stock Up 0.3%

Shares of BlackRock stock opened at $971.44 on Friday. The stock has a market capitalization of $151.10 billion, a price-to-earnings ratio of 27.43, a PEG ratio of 1.23 and a beta of 1.48. BlackRock has a twelve month low of $773.74 and a twelve month high of $1,219.94. The company has a current ratio of 2.98, a quick ratio of 2.98 and a debt-to-equity ratio of 0.37. The business’s 50 day simple moving average is $1,064.94 and its 200-day simple moving average is $1,088.14.

BlackRock (NYSE:BLK) last released its quarterly earnings data on Thursday, January 15th. The asset manager reported $13.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $12.55 by $0.61. BlackRock had a return on equity of 14.78% and a net margin of 22.93%.The business had revenue of $7.01 billion during the quarter, compared to analyst estimates of $6.80 billion. During the same quarter in the previous year, the firm posted $11.93 EPS. The business’s revenue for the quarter was up 23.4% compared to the same quarter last year. Equities research analysts forecast that BlackRock will post 47.41 earnings per share for the current year.

BlackRock Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Friday, March 6th will be issued a dividend of $5.73 per share. This represents a $22.92 dividend on an annualized basis and a dividend yield of 2.4%. This is a positive change from BlackRock’s previous quarterly dividend of $5.21. The ex-dividend date of this dividend is Friday, March 6th. BlackRock’s dividend payout ratio is 64.71%.

Insider Activity at BlackRock

In related news, COO Robert L. Goldstein sold 5,293 shares of the business’s stock in a transaction that occurred on 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 sale, the chief operating officer owned 46,185 shares of the company’s stock, valued at $50,074,700.70. The trade was a 10.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director J. Richard Kushel sold 385 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $1,084.91, for a total value of $417,690.35. Following the completion of the sale, the director owned 3,335 shares of the company’s stock, valued at $3,618,174.85. This trade represents a 10.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 111,319 shares of company stock valued at $123,999,249 in the last ninety days. Company insiders own 1.98% of the company’s stock.

Institutional Trading of BlackRock

Hedge funds and other institutional investors have recently modified their holdings of the company. Pacifica Partners Inc. raised its position in BlackRock by 450.0% in the third quarter. Pacifica Partners Inc. now owns 22 shares of the asset manager’s stock worth $25,000 after acquiring an additional 18 shares in the last quarter. TruNorth Capital Management LLC boosted its position in shares of BlackRock by 1,000.0% during the 3rd quarter. TruNorth Capital Management LLC now owns 22 shares of the asset manager’s stock valued at $26,000 after purchasing an additional 20 shares in the last quarter. Evolution Wealth Management Inc. acquired a new position in shares of BlackRock in the 4th quarter worth approximately $26,000. Traub Capital Management LLC acquired a new position in shares of BlackRock in the 2nd quarter worth approximately $28,000. Finally, Birchbrook Inc. bought a new stake in shares of BlackRock in the 4th quarter worth approximately $31,000. Institutional investors own 80.69% of the company’s stock.

Key Headlines Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock’s iShares Bitcoin Trust is driving sizable institutional inflows and reshaping demand for BTC exposure, supporting AUM growth and fee revenue. BlackRock’s Bitcoin ETF Is Quietly Reshaping Institutional Demand for BTC
• Positive Sentiment: ETF inflows into Ethereum products — and attention on BlackRock’s staked‑ETH fund — are attracting institutional interest that could boost iShares crypto fee income and platform relevance. Ethereum (ETH) Price Analysis: Can $385M ETF Inflows Spark a Major Rally?
• Positive Sentiment: BlackRock Canada announced March cash distributions for numerous iShares ETFs, signaling ongoing fund activity and predictable cash flows for income‑focused investors. BlackRock® Canada Announces March Cash Distributions for the iShares® ETFs
• Positive Sentiment: Coverage highlighting several high‑yield iShares ETFs positions BlackRock as a go‑to provider for retirement and income investors, supporting long‑term AUM retention. 3 High-Yield BlackRock ETFs Perfect For Retirement
• Neutral Sentiment: Barron’s notes private credit is out of favor short‑term but remains recommended for long‑term retirement allocations — a nuanced take that may temper short‑term trading volatility but supports long‑run AUM prospects. Private Credit: Out of Favor Today, in 401(k)s Tomorrow
• Neutral Sentiment: BlackRock commentary on bond market hedging and where to find protection positions the firm as a market thought leader; that may support ETF flows but is not an immediate earnings driver. S&P 500 Sinks, TLT Cracks: The Hedge Isn’t Hedging Anymore — Where’s The New Safe Haven?
• Neutral Sentiment: Comments from CEO Larry Fink about AI’s labor impact and broader public discussion (including mentions by other public figures) raise macro staffing and policy themes but are not a near‑term earnings swing. BlackRock CEO Larry Fink warns AI could leave the class of 2026 facing the highest unemployment in years—even without a recession
• Negative Sentiment: Pomerantz LLP has opened an investor investigation into BlackRock, which introduces litigation risk and potential headline volatility while the inquiry proceeds. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of BlackRock, Inc. – BLK
• Negative Sentiment: Coverage warning of growing private‑credit risks — flagged by major institutions including BlackRock — could pressure related fee streams and raise provisioning or due‑diligence costs. The Growing Risk in Private Credit: Why BlackRock and JPMorgan Are Raising Alarms

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.