BlackRock (NYSE:BLK) Given New $1,340.00 Price Target at Keefe, Bruyette & Woods

BlackRock (NYSE:BLK) had its price objective increased by analysts at Keefe, Bruyette & Woods from $1,310.00 to $1,340.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has an “outperform” rating on the asset manager’s stock. Keefe, Bruyette & Woods’ target price would indicate a potential upside of 15.76% from the company’s current price.

Several other research firms also recently weighed in on BLK. Bank of America upped their price objective on shares of BlackRock from $1,456.00 to $1,464.00 in a report on Wednesday, December 10th. Loop Capital set a $1,255.00 target price on shares of BlackRock in a research report on Tuesday, October 21st. Evercore ISI dropped their price target on shares of BlackRock from $1,300.00 to $1,275.00 and set an “outperform” rating on the stock in a research report on Monday. Jefferies Financial Group reissued a “buy” rating on shares of BlackRock in a research note on Friday. Finally, Cowen cut BlackRock from a “buy” rating to a “hold” rating in a research report on Wednesday. Fifteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $1,307.88.

BlackRock Stock Up 6.0%

BLK stock opened at $1,157.55 on Friday. The stock’s 50 day simple moving average is $1,070.16 and its 200 day simple moving average is $1,103.87. The company has a market cap of $179.59 billion, a P/E ratio of 29.76, a price-to-earnings-growth ratio of 1.58 and a beta of 1.47. The company has a debt-to-equity ratio of 0.34, a quick ratio of 3.33 and a current ratio of 3.33. BlackRock has a fifty-two week low of $773.74 and a fifty-two week high of $1,219.94.

BlackRock (NYSE:BLK) last announced its quarterly earnings data on Thursday, January 15th. The asset manager reported $13.16 EPS for the quarter, beating analysts’ consensus estimates of $12.55 by $0.61. BlackRock had a return on equity of 14.80% and a net margin of 26.64%.The firm had revenue of $7.01 billion during the quarter, compared to analysts’ expectations of $6.80 billion. During the same quarter last year, the firm posted $11.93 earnings per share. The company’s revenue for the quarter was up 23.4% compared to the same quarter last year. On average, research analysts expect that BlackRock will post 47.41 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Rachel Lord sold 12,000 shares of BlackRock stock in a transaction 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 sale, the director directly owned 7,205 shares in the company, valued at $8,394,113.20. The trade was a 62.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Martin Small sold 1,258 shares of the stock in a transaction dated 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 transaction, the chief financial officer owned 6,209 shares of the company’s stock, valued at approximately $6,478,346.42. The trade was a 16.85% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.98% of the company’s stock.

Institutional Trading of BlackRock

Hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in shares of BlackRock by 1.7% during the 2nd quarter. Vanguard Group Inc. now owns 13,991,264 shares of the asset manager’s stock valued at $14,680,334,000 after acquiring an additional 227,192 shares during the period. Geode Capital Management LLC lifted its stake in BlackRock by 1.1% in the second quarter. Geode Capital Management LLC now owns 3,143,429 shares of the asset manager’s stock valued at $3,281,641,000 after purchasing an additional 34,049 shares during the last quarter. Norges Bank bought a new position in BlackRock during the second quarter valued at $2,644,007,000. Franklin Resources Inc. raised its stake in shares of BlackRock by 72.5% in 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 period. Finally, Capital International Investors lifted its position in shares of 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 during the last quarter. Institutional investors own 80.69% of the company’s stock.

BlackRock News Summary

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Q4 results beat expectations: revenue and EPS topped Street forecasts and the company provided bullish commentary on inflows and fee growth, supporting investor confidence. BlackRock Reports Fourth Quarter 2025 Earnings
• Positive Sentiment: Record assets under management — BlackRock reported AUM of ~$14 trillion after a quarter of very strong net inflows, a headline that reinforces its market leadership and scale advantages. BlackRock assets surge to $14 trillion record
• Positive Sentiment: Shareholder returns lifted — BlackRock raised its quarterly dividend ~10% to $5.73 and announced additional buybacks, boosting yield and signaling confidence in cash generation. BLK Raises Dividend 10% and Announces New Stock Buybacks
• Positive Sentiment: Strategic initiatives: BlackRock is accelerating private‑markets fundraising (a $400B gross target by 2030) and is advancing an AI partnership with Microsoft that has raised ~$12.5B toward a $30B goal — both expand higher‑margin opportunities. Building ‘The Machine’: How BlackRock Plans To Raise $400B BlackRock Says AI Partnership Raises $12.5 Billion
• Neutral Sentiment: Mixed analyst moves — several firms adjusted price targets (both up and down); Deutsche Bank raised its PT materially while others trimmed targets slightly, leaving consensus upside but signaling varied views on near‑term multiple expansion. Deutsche Bank lifts price target Evercore ISI lowers price target
• Negative Sentiment: Profit and margin pressure flagged — despite top‑line strength, some reporting highlighted a substantive drop in net income and concerns around operating profit and cash flow, which could temper valuation upside if trends persist. BlackRock’s Profit Fell, Assets Hit Record $14 Trillion QuiverQuant: Revenue Up but EPS Miss; Profit and Cash Flow Weak
• Negative Sentiment: Some downgrades/research caution — TD Cowen and other outlets issued cautious notes or lowered targets, adding short‑term pressure for more conservative investors. TD Cowen downgrades BlackRock

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.