BlackRock (NYSE:BLK) Given New $1,275.00 Price Target at Evercore ISI

BlackRock (NYSE:BLK) had its target price reduced by Evercore ISI from $1,300.00 to $1,275.00 in a research report released on Monday morning,MarketScreener reports. They currently have an outperform rating on the asset manager’s stock.

A number of other research analysts have also recently issued reports on BLK. Morgan Stanley lifted their target price on BlackRock from $1,486.00 to $1,514.00 and gave the company an “overweight” rating in a research report on Wednesday, December 17th. Cowen cut shares of BlackRock from a “buy” rating to a “hold” rating in a research report on Wednesday. Barclays dropped their price objective on shares of BlackRock from $1,340.00 to $1,300.00 and set an “overweight” rating for the company in a research note on Thursday, January 8th. Jefferies Financial Group boosted their target price on shares of BlackRock from $1,196.00 to $1,325.00 and gave the stock a “buy” rating in a research note on Tuesday, October 7th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $1,313.00 price objective on shares of BlackRock in a report on Tuesday, December 9th. Fifteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,303.18.

BlackRock Stock Performance

BLK traded up $65.70 during trading on Monday, hitting $1,157.55. The stock had a trading volume of 1,400,822 shares, compared to its average volume of 789,095. The company has a 50 day moving average price of $1,068.41 and a 200-day moving average price of $1,103.49. BlackRock has a one year low of $773.74 and a one year high of $1,219.94. The firm has a market cap of $179.59 billion, a price-to-earnings ratio of 29.76, a P/E/G ratio of 1.57 and a beta of 1.47. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.33 and a quick ratio of 3.33.

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

BlackRock Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Friday, December 5th were given a dividend of $5.21 per share. This represents a $20.84 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Friday, December 5th. BlackRock’s dividend payout ratio is currently 53.59%.

Insider Buying and Selling

In other BlackRock news, CFO Martin Small sold 1,258 shares of the company’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $1,043.38, for a total transaction of $1,312,572.04. Following the sale, the chief financial officer 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Rachel Lord sold 12,000 shares of BlackRock stock in a transaction dated 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 transaction, the director directly owned 7,205 shares of the company’s stock, valued at approximately $8,394,113.20. This trade represents a 62.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.98% of the stock is currently owned by insiders.

Institutional Investors Weigh In On BlackRock

Hedge funds have recently added to or reduced their stakes in the business. Capital Advisors Inc. OK lifted its stake in BlackRock by 5.7% in the fourth quarter. Capital Advisors Inc. OK now owns 589 shares of the asset manager’s stock valued at $631,000 after buying an additional 32 shares during the period. Victory Financial Group LLC bought a new stake in shares of BlackRock in the 4th quarter valued at $213,000. Uncommon Cents Investing LLC lifted its position in shares of BlackRock by 2.2% during the 4th quarter. Uncommon Cents Investing LLC now owns 930 shares of the asset manager’s stock valued at $995,000 after acquiring an additional 20 shares during the period. Lodestone Wealth Management LLC bought a new position in BlackRock during the fourth quarter worth $115,000. Finally, Nilsine Partners LLC grew its holdings in BlackRock by 4.7% in the fourth quarter. Nilsine Partners LLC now owns 2,974 shares of the asset manager’s stock worth $3,183,000 after purchasing an additional 134 shares during the period. 80.69% of the stock is currently owned by institutional investors.

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.