BlackRock (NYSE:BLK) Given New $1,296.00 Price Target at Deutsche Bank Aktiengesellschaft

BlackRock (NYSE:BLK) had its price target lowered by Deutsche Bank Aktiengesellschaft from $1,298.00 to $1,296.00 in a report issued on Tuesday,MarketScreener reports. The brokerage currently has a buy rating on the asset manager’s stock.

Several other equities research analysts have also issued reports on BLK. Argus raised their target price on shares of BlackRock from $1,165.00 to $1,330.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. JPMorgan Chase & Co. raised their price objective on shares of BlackRock from $1,093.00 to $1,242.00 and gave the stock a “neutral” rating in a research note on Thursday, October 2nd. UBS Group increased their price target on BlackRock from $1,180.00 to $1,218.00 and gave the stock a “neutral” rating in a report on Monday. Wall Street Zen cut BlackRock from a “hold” rating to a “sell” rating in a report on Monday, January 5th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $1,313.00 target price on shares of BlackRock in a research note on Tuesday, December 9th. Fifteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, BlackRock has an average rating of “Moderate Buy” and an average target price of $1,303.18.

BlackRock Price Performance

BlackRock stock traded up $65.70 during mid-day trading on Tuesday, reaching $1,157.55. 1,400,822 shares of the company’s stock traded hands, compared to its average volume of 789,095. BlackRock has a 12-month low of $773.74 and a 12-month high of $1,219.94. The company has a market cap of $179.59 billion, a price-to-earnings ratio of 29.76, a PEG ratio of 1.57 and a beta of 1.47. The stock has a 50 day moving average of $1,068.41 and a two-hundred day moving average of $1,103.49. The company has a quick ratio of 3.33, a current ratio of 3.33 and a debt-to-equity ratio of 0.34.

BlackRock (NYSE:BLK) last announced its earnings results 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. The firm had revenue of $7.01 billion for the quarter, compared to analysts’ expectations of $6.80 billion. BlackRock had a net margin of 26.64% and a return on equity of 14.80%. The business’s revenue was up 23.4% compared to the same quarter last year. During the same period in the prior year, the company earned $11.93 EPS. Equities analysts forecast that BlackRock will post 47.41 earnings per share 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 issued a $5.21 dividend. The ex-dividend date was Friday, December 5th. This represents a $20.84 dividend on an annualized basis and a yield of 1.8%. BlackRock’s payout ratio is currently 53.59%.

Insider Transactions at BlackRock

In other news, CFO Martin Small sold 1,258 shares of BlackRock stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $1,043.38, for a total value of $1,312,572.04. Following the transaction, the chief financial officer 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Rachel Lord sold 12,000 shares of the stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $1,165.04, for a total transaction of $13,980,480.00. Following the sale, the director directly owned 7,205 shares of the company’s stock, valued at $8,394,113.20. The trade was a 62.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.98% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Norges Bank purchased a new position in shares of BlackRock in the second quarter worth about $2,644,007,000. Laurel Wealth Advisors LLC increased its holdings in BlackRock by 105,267.4% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,705,899 shares of the asset manager’s stock worth $1,789,915,000 after acquiring an additional 1,704,280 shares in the last quarter. Franklin Resources Inc. raised its position in shares of BlackRock by 72.5% during the 2nd quarter. Franklin Resources Inc. now owns 2,005,358 shares of the asset manager’s stock worth $2,104,122,000 after purchasing an additional 842,901 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in shares of BlackRock by 1,962.0% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 792,494 shares of the asset manager’s stock worth $831,524,000 after buying an additional 754,060 shares in the last quarter. Finally, Viking Global Investors LP grew its holdings in shares of BlackRock by 217.5% in the third quarter. Viking Global Investors LP now owns 619,492 shares of the asset manager’s stock valued at $722,247,000 after purchasing an additional 424,388 shares during the period. Institutional investors and hedge funds own 80.69% of the company’s stock.

Key Stories Impacting 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

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.