BMO Capital Markets Cuts BlackRock (NYSE:BLK) Price Target to $1,250.00

BlackRock (NYSE:BLK) had its target price lowered by BMO Capital Markets from $1,300.00 to $1,250.00 in a report published on Tuesday morning,MarketScreener reports. The brokerage currently has an outperform rating on the asset manager’s stock.

Other equities research analysts have also issued research reports about the company. Evercore ISI lifted their price objective on BlackRock from $1,200.00 to $1,300.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. Citigroup raised their price target on BlackRock from $1,200.00 to $1,350.00 and gave the company a “buy” rating in a report on Monday, September 29th. Barclays dropped their price target on BlackRock from $1,340.00 to $1,300.00 and set an “overweight” rating for the company in a research report on Thursday, January 8th. JPMorgan Chase & Co. boosted their price objective on BlackRock from $1,093.00 to $1,242.00 and gave the stock a “neutral” rating in a report on Thursday, October 2nd. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of BlackRock from $1,296.00 to $1,380.00 in a research note on Thursday. Fifteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,303.18.

BlackRock Price Performance

Shares of NYSE:BLK opened at $1,157.55 on Tuesday. The company has a 50 day moving average of $1,070.16 and a 200 day moving average of $1,103.87. The company has a current ratio of 3.33, a quick ratio of 3.33 and a debt-to-equity ratio of 0.34. The stock has a market cap of $179.59 billion, a P/E ratio of 29.76, a P/E/G ratio of 1.58 and a beta of 1.47. BlackRock has a 12 month low of $773.74 and a 12 month high of $1,219.94.

BlackRock (NYSE:BLK) last posted its 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 business 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 for the quarter was up 23.4% compared to the same quarter last year. During the same period in the prior year, the company posted $11.93 EPS. As a group, sell-side analysts forecast that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Friday, December 5th were issued a dividend of $5.21 per share. This represents a $20.84 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Friday, December 5th. BlackRock’s dividend payout ratio (DPR) is currently 53.59%.

Insider Activity at BlackRock

In other news, CFO Martin Small sold 1,258 shares of the business’s 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 completion of the sale, the chief financial officer directly owned 6,209 shares in the company, valued at approximately $6,478,346.42. The trade was a 16.85% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Rachel Lord sold 12,000 shares of the stock in a transaction 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 transaction, the director directly owned 7,205 shares in the company, valued at approximately $8,394,113.20. This represents a 62.48% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.98% of the stock is owned by corporate insiders.

Institutional Trading of BlackRock

Several hedge funds have recently added to or reduced their stakes in BLK. Brighton Jones LLC boosted its holdings in BlackRock by 23.1% during the 4th quarter. Brighton Jones LLC now owns 1,575 shares of the asset manager’s stock valued at $1,615,000 after acquiring an additional 296 shares during the period. Bison Wealth LLC lifted its position in BlackRock by 1.6% in the fourth quarter. Bison Wealth LLC now owns 1,052 shares of the asset manager’s stock valued at $1,078,000 after purchasing an additional 17 shares during the last quarter. Balefire LLC bought a new stake in BlackRock in the second quarter valued at approximately $264,000. Pines Wealth Management LLC purchased a new stake in shares of BlackRock during the second quarter valued at approximately $252,000. Finally, Sovran Advisors LLC grew its holdings in shares of BlackRock by 10.8% in the second quarter. Sovran Advisors LLC now owns 821 shares of the asset manager’s stock worth $883,000 after purchasing an additional 80 shares during the last quarter. 80.69% of the stock is owned by institutional investors.

More BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Q4 results beat expectations: revenue of ~$7.01B and EPS above consensus; AUM hit a record ~$14T, driven by strong ETF and fixed‑income inflows — this is the main catalyst lifting the stock. Business Wire: Q4 Release
• Positive Sentiment: Capital returns and shareholder friendly moves: BlackRock raised its dividend ~10% and announced new buybacks, supporting EPS per share and investor sentiment. TipRanks: Dividend & Buybacks
• Positive Sentiment: Strategic growth initiatives: BlackRock and Microsoft partnership has raised ~$12.5B toward a $30B AI infrastructure goal — helps diversify fee sources and long‑term growth expectations. PYMNTS: AI Partnership
• Positive Sentiment: Analyst upgrades/raises: Deutsche Bank and BNP Paribas lifted or increased price targets (Deutsche to $1,380 in one note; BNP Paribas to $1,300), signaling upside from current levels and helping momentum. MarketScreener: Deutsche Bank PT Raise
• Neutral Sentiment: Mixed analyst picture overall — multiple firms updated targets after earnings (median target ~$1,305), producing both buy/outperform views and some caution; this creates offsetting analyst signals. QuiverQuant: Analyst/Targets Summary
• Negative Sentiment: Profitability and cash‑flow comments: some reports highlight a sharp year‑over‑year drop in net income and pressure on operating profit/cash flow, which could concern investors focused on margins and free cash generation. WSJ: Profit Fell
• Negative Sentiment: Some price‑target cuts and “hold” stances (Evercore, BMO, TD Cowen trimmed targets or adjusted ratings) offset bullish notes and could cap near‑term upside. MarketScreener: Evercore PT Cut

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.