BlackRock (NYSE:BLK) Receives $1,311.11 Consensus Target Price from Brokerages

Shares of BlackRock (NYSE:BLK) have received a consensus rating of “Moderate Buy” from the twenty analysts that are covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $1,311.1111.

Several research firms have recently issued reports on BLK. Keefe, Bruyette & Woods lifted their price objective on shares of BlackRock from $1,310.00 to $1,340.00 and gave the company an “outperform” rating in a research report on Tuesday, February 17th. CICC Research lifted their price target on shares of BlackRock from $1,000.00 to $1,250.00 in a report on Tuesday, February 3rd. Jefferies Financial Group reissued a “buy” rating and set a $1,351.00 price objective on shares of BlackRock in a report on Friday, January 16th. Barclays lifted their target price on BlackRock from $1,300.00 to $1,350.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on BlackRock from $1,296.00 to $1,380.00 in a report on Thursday, January 15th.

BlackRock Stock Performance

NYSE BLK opened at $1,081.80 on Wednesday. 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 has a twelve month low of $773.74 and a twelve month high of $1,219.94. The business has a 50-day moving average price of $1,093.67 and a 200-day moving average price of $1,104.16. The firm has a market cap of $167.84 billion, a price-to-earnings ratio of 30.54, a price-to-earnings-growth ratio of 1.34 and a beta of 1.47.

BlackRock (NYSE:BLK) last posted its quarterly earnings results on Thursday, January 15th. The asset manager reported $13.16 EPS for the quarter, topping analysts’ consensus estimates of $12.55 by $0.61. BlackRock had a return on equity of 15.14% and a net margin of 22.93%.The company had revenue of $6.33 billion for the quarter, compared to analysts’ expectations of $6.80 billion. During the same period in the previous year, the firm earned $11.93 EPS. The firm’s revenue was up 23.4% compared to the same quarter last year. As a group, equities research analysts predict that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Friday, March 6th will be issued a $5.73 dividend. This represents a $22.92 dividend on an annualized basis and a dividend yield of 2.1%. This is a boost from BlackRock’s previous quarterly dividend of $5.21. The ex-dividend date of this dividend is Friday, March 6th. BlackRock’s payout ratio is 58.84%.

Insider Buying and Selling at BlackRock

In other news, Director Stephen Cohen sold 2,179 shares of the business’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $1,073.87, for a total value of $2,339,962.73. Following the sale, the director directly owned 6,543 shares in the company, valued at $7,026,331.41. The trade was a 24.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director J. Richard Kushel sold 20,000 shares of the company’s stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $1,125.00, for a total transaction of $22,500,000.00. Following the sale, the director owned 61,894 shares in the company, valued at $69,630,750. This represents a 24.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 109,967 shares of company stock worth $122,487,380. Company insiders own 1.98% of the company’s stock.

Institutional Investors Weigh In On BlackRock

Large investors have recently added to or reduced their stakes in the stock. Pacifica Partners Inc. increased its position in shares of BlackRock by 450.0% during the 3rd quarter. Pacifica Partners Inc. now owns 22 shares of the asset manager’s stock valued at $25,000 after purchasing an additional 18 shares during the last quarter. TruNorth Capital Management LLC boosted its stake in BlackRock by 1,000.0% during the third quarter. TruNorth Capital Management LLC now owns 22 shares of the asset manager’s stock worth $26,000 after buying an additional 20 shares during the period. Evolution Wealth Management Inc. purchased a new position in BlackRock during the fourth quarter worth $26,000. Traub Capital Management LLC bought a new position in BlackRock during the second quarter valued at $28,000. Finally, Whipplewood Advisors LLC raised its stake in shares of BlackRock by 107.1% in the second quarter. Whipplewood Advisors LLC now owns 29 shares of the asset manager’s stock valued at $30,000 after acquiring an additional 15 shares during the period. 80.69% of the stock is owned by institutional investors.

Key Stories Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: UBS upgraded BlackRock, which can lift sentiment and trigger buy-side flows into the stock. UBS Upgrades BlackRock
• Positive Sentiment: BlackRock is among shortlisted investors in early talks for Kuwait Petroleum’s potential $7B pipeline stake — a large infrastructure allocation that could mean meaningful fee-bearing AUM or co-invest opportunities. Kuwait pipeline deal interest
• Positive Sentiment: BlackRock participated in a $250M financing for Dutch AI‑chip maker Axelera AI — signaling direct exposure to AI hardware/venture deals and diversification into growth private investments. This bolsters narrative that BlackRock is positioning into AI-related alternatives. Axelera raises $250M (BlackRock investor)
• Positive Sentiment: BlackRock’s CIO for fixed income, Rick Rieder, outlined opportunities in parts of the bond market and cautioned that not all Treasurys are reliable—highlighting active portfolio positioning that can attract flows into BlackRock’s fixed‑income strategies. Rieder on bond positioning
• Neutral Sentiment: Speculation persists about when BlackRock might file a U.S. spot XRP ETF (some insiders eye late‑2026). A filing would be a long‑term AUM catalyst but is not imminent. When will BlackRock file an XRP ETF?
• Neutral Sentiment: BlackRock Canada announced final February cash distributions for an iShares Premium Money Market ETF—routine fund operations with limited direct impact on BLK equity. BlackRock Canada distributions
• Neutral Sentiment: Regulatory/portfolio note: BlackRock slightly increased a major stake in BAWAG Group — a portfolio move that signals active equity positioning but is unlikely to move BLK stock materially on its own. BlackRock increases BAWAG stake
• Negative Sentiment: Pomerantz filed a class action related to BlackRock TCP Capital Corp. (TCPC). While this targets the BDC and not BlackRock Inc. directly, it introduces legal/reputational noise around a BlackRock‑managed vehicle. Pomerantz class action on TCPC

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.