BlackRock (NYSE:BLK) Price Target Cut to $1,296.00 by Analysts at Deutsche Bank Aktiengesellschaft

BlackRock (NYSE:BLK) had its target price dropped by stock analysts at Deutsche Bank Aktiengesellschaft from $1,298.00 to $1,296.00 in a research note issued to investors on Tuesday,MarketScreener reports. The brokerage presently has a “buy” rating on the asset manager’s stock. Deutsche Bank Aktiengesellschaft’s target price indicates a potential upside of 11.96% from the stock’s previous close.

Several other brokerages also recently issued reports on BLK. Loop Capital set a $1,255.00 target price on shares of BlackRock in a research note on Tuesday, October 21st. BNP Paribas Exane boosted their price objective on shares of BlackRock from $1,290.00 to $1,300.00 and gave the stock an “outperform” rating in a report on Thursday. Wall Street Zen downgraded BlackRock from a “hold” rating to a “sell” rating in a research note on Monday, January 5th. Evercore ISI boosted their price target on BlackRock from $1,200.00 to $1,300.00 and gave the stock an “outperform” rating in a research note on Friday, November 7th. Finally, Morgan Stanley increased their price objective 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. Fifteen 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 stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,303.18.

BlackRock Stock Up 6.0%

BlackRock stock traded up $65.70 during mid-day trading on Tuesday, hitting $1,157.55. The company had a trading volume of 1,400,755 shares, compared to its average volume of 788,618. BlackRock has a 12 month low of $773.74 and a 12 month high of $1,219.94. The company has a market capitalization of $179.59 billion, a PE ratio of 29.76, a price-to-earnings-growth ratio of 1.57 and a beta of 1.47. The stock’s 50 day moving average price is $1,068.41 and its two-hundred day moving average price is $1,103.49. The company has a current ratio of 3.33, a quick ratio of 3.33 and a debt-to-equity ratio of 0.34.

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

Insider Activity at BlackRock

In other news, CFO Martin Small sold 1,258 shares of BlackRock stock in a transaction dated 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 transaction, the chief financial officer directly owned 6,209 shares of the company’s stock, valued at $6,478,346.42. The trade was a 16.85% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Rachel Lord sold 12,000 shares of the company’s stock in a transaction that occurred on Monday, October 20th. The stock was sold at an average price of $1,165.04, for a total transaction of $13,980,480.00. Following the completion of the transaction, the director owned 7,205 shares of the company’s stock, valued at approximately $8,394,113.20. The trade was a 62.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.98% of the company’s stock.

Institutional Investors Weigh In On BlackRock

A number of institutional investors have recently added to or reduced their stakes in BLK. Vanguard Group Inc. lifted its stake in BlackRock by 1.7% in the 2nd quarter. Vanguard Group Inc. now owns 13,991,264 shares of the asset manager’s stock worth $14,680,334,000 after purchasing an additional 227,192 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of BlackRock by 1.1% in the second quarter. Geode Capital Management LLC now owns 3,143,429 shares of the asset manager’s stock worth $3,281,641,000 after purchasing an additional 34,049 shares during the last quarter. Norges Bank purchased a new stake in shares of BlackRock in the second quarter worth about $2,644,007,000. Franklin Resources Inc. boosted its stake in BlackRock by 72.5% during the second quarter. Franklin Resources Inc. now owns 2,005,358 shares of the asset manager’s stock valued at $2,104,122,000 after buying an additional 842,901 shares during the last quarter. Finally, Capital International Investors grew its holdings in BlackRock by 0.6% during the 3rd quarter. Capital International Investors now owns 1,841,088 shares of the asset manager’s stock valued at $2,146,663,000 after buying an additional 10,591 shares in the last quarter. 80.69% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about BlackRock

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

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.