BlackRock (NYSE:BLK) Given New $1,290.00 Price Target at Barclays

BlackRock (NYSE:BLK) had its target price lowered by Barclays from $1,350.00 to $1,290.00 in a report released on Wednesday, Marketbeat reports. The firm currently has an overweight rating on the asset manager’s stock.

BLK has been the subject of several other research reports. Morgan Stanley cut their price objective on BlackRock from $1,550.00 to $1,368.00 and set an “overweight” rating for the company in a research report on Wednesday, April 1st. Freedom Capital upgraded BlackRock from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 23rd. Evercore cut their price objective on BlackRock from $1,275.00 to $1,235.00 and set an “outperform” rating for the company in a research report on Friday, March 6th. Jefferies Financial Group restated a “buy” rating and issued a $1,351.00 price target on shares of BlackRock in a research report on Friday, January 16th. Finally, Keefe, Bruyette & Woods cut BlackRock from a “moderate buy” rating to a “moderate sell” rating in a research report on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $1,269.11.

BlackRock Trading Up 4.5%

NYSE:BLK opened at $1,001.44 on Wednesday. The stock has a fifty day moving average price of $1,020.84 and a two-hundred day moving average price of $1,072.88. The stock has a market capitalization of $155.76 billion, a price-to-earnings ratio of 28.27, a PEG ratio of 1.24 and a beta of 1.48. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.98 and a current ratio of 2.98. BlackRock has a 1 year low of $799.15 and a 1 year high of $1,219.94.

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, topping the consensus estimate of $12.55 by $0.61. The firm had revenue of $7.01 billion during the quarter, compared to analysts’ expectations of $6.80 billion. BlackRock had a return on equity of 14.78% and a net margin of 22.93%.BlackRock’s revenue was up 23.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $11.93 earnings per share. As a group, sell-side analysts anticipate that BlackRock will post 47.41 earnings per share for the current fiscal year.

BlackRock Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Friday, March 6th were given a $5.73 dividend. This is an increase from BlackRock’s previous quarterly dividend of $5.21. This represents a $22.92 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Friday, March 6th. BlackRock’s dividend payout ratio (DPR) is 64.71%.

Insider Transactions at BlackRock

In related news, COO Robert L. Goldstein sold 54,190 shares of BlackRock stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $1,087.29, for a total transaction of $58,920,245.10. Following the completion of the sale, the chief operating officer owned 51,478 shares in the company, valued at approximately $55,971,514.62. This trade represents a 51.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Stephen Cohen sold 2,179 shares of BlackRock stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $1,073.87, for a total value of $2,339,962.73. Following the sale, the director owned 6,543 shares of the company’s stock, valued at approximately $7,026,331.41. This represents a 24.98% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 111,319 shares of company stock worth $123,999,249. Corporate insiders own 1.98% of the company’s stock.

Institutional Trading of BlackRock

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Pacifica Partners Inc. increased its position in BlackRock by 450.0% during the 3rd quarter. Pacifica Partners Inc. now owns 22 shares of the asset manager’s stock worth $25,000 after purchasing an additional 18 shares in the last quarter. TruNorth Capital Management LLC increased its position in BlackRock by 1,000.0% during the 3rd quarter. TruNorth Capital Management LLC now owns 22 shares of the asset manager’s stock worth $26,000 after purchasing an additional 20 shares in the last quarter. Evolution Wealth Management Inc. purchased a new stake in BlackRock during the 4th quarter worth about $26,000. Hopwood Financial Services Inc. increased its position in BlackRock by 866.7% during the 3rd quarter. Hopwood Financial Services Inc. now owns 29 shares of the asset manager’s stock worth $34,000 after purchasing an additional 26 shares in the last quarter. Finally, Birchbrook Inc. purchased a new stake in BlackRock during the 4th quarter worth about $31,000. Hedge funds and other institutional investors own 80.69% of the company’s stock.

BlackRock News Roundup

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock filed for an iShares Nasdaq‑100 ETF (ticker IQQ), joining State Street in directly challenging Invesco’s QQQ — a move that could win large passive flows if BlackRock competes on fees and brand, and reshape ETF market share in a $300B+ segment. BLK & STT Enter Nasdaq 100 Index ETFs, Challenge Invesco QQQ Fund
• Positive Sentiment: Analysts have revised Q1 estimates ahead of BlackRock’s April 14 earnings call with several firms expecting higher Q1 earnings — a catalyst that can help validate management’s growth narrative and support the stock into the print. BlackRock Likely To Report Higher Q1 Earnings
• Positive Sentiment: Spot crypto ETFs and institutional buying (including BlackRock) continue to see meaningful inflows (recent single‑day Bitcoin ETF inflows and ETH ETF momentum) — supporting fee income and AUM growth in BlackRock’s digital products. Bitcoin ETFs See Strongest Single-Day Inflow Since February
• Neutral Sentiment: Several brokers trimmed BlackRock price targets (Barclays, Keefe Bruyette & Woods, Jefferies, Goldman) but largely kept buy/overweight ratings — suggests modest near‑term valuation downtick expectations while sentiment from analysts remains constructive. Barclays Adjusts Price Target on BlackRock
• Neutral Sentiment: The SEC’s approval of dual‑class fund share structures and BlackRock’s related moves create structural flexibility (mutual fund + ETF share classes) — may change product packaging but impact on near‑term revenue is uncertain. BlackRock Moves On Dual Class Funds And Nasdaq 100 ETF Competition
• Neutral Sentiment: Regulatory/holding notices: BlackRock reduced its stake in WPP and ceased being a substantial holder in Technology One — routine portfolio moves that have limited direct impact on BLK’s operating results. BlackRock Ceases to Be Substantial Holder in Technology One
• Negative Sentiment: BlackRock reported over $20B of decline in the value of its on‑chain crypto portfolio in Q1 (price declines offset BTC accumulation and ETH outflows) — a headline that can weigh on fee growth and investor sentiment around digital asset strategies. BlackRock Sees Over $20 Billion in Cryptocurrency Outflows in Q1 2026
• Negative Sentiment: Large outflows from BlackRock’s India ETF amid geopolitical concerns (Iran war) highlight regional AUM sensitivity and can pressure fees tied to EM product lines. Billions Flow Out of BlackRock’s India ETF as Iran War Escalates
• Negative Sentiment: Pomerantz has opened an investor investigation into BlackRock — potential litigation headlines can create episodic downside risk even if outcomes are uncertain. Pomerantz Law Firm Investigates Claims On Behalf of Investors of BlackRock

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.