Deutsche Bank Aktiengesellschaft Cuts BlackRock (NYSE:BLK) Price Target to $1,296.00

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

A number of other research analysts have also recently issued reports on the company. JPMorgan Chase & Co. lifted their target price on BlackRock from $1,093.00 to $1,242.00 and gave the company a “neutral” rating in a research report on Thursday, October 2nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of BlackRock in a research report on Monday, December 29th. Cowen lowered shares of BlackRock from a “buy” rating to a “hold” rating in a research report on Wednesday. BNP Paribas Exane boosted their target price on shares of BlackRock from $1,290.00 to $1,300.00 and gave the stock an “outperform” rating in a research note on Thursday. Finally, Jefferies Financial Group increased their price target on BlackRock from $1,196.00 to $1,325.00 and gave the company a “buy” rating in a research note on Tuesday, October 7th. Fifteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $1,303.18.

BlackRock Price Performance

Shares of NYSE:BLK opened at $1,157.55 on Tuesday. The firm has a 50 day moving average of $1,070.16 and a 200-day moving average of $1,103.87. BlackRock has a 12 month low of $773.74 and a 12 month high of $1,219.94. 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 capitalization of $179.59 billion, a PE ratio of 29.76, a PEG ratio of 1.58 and a beta of 1.47.

BlackRock (NYSE:BLK) last announced its quarterly earnings data on Thursday, January 15th. The asset manager reported $13.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm’s quarterly revenue was up 23.4% compared to the same quarter last year. During the same period last year, the firm posted $11.93 earnings per share. On average, equities research analysts predict that BlackRock will post 47.41 EPS for the current fiscal year.

BlackRock Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Friday, December 5th were given a $5.21 dividend. This represents a $20.84 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Friday, December 5th. BlackRock’s payout ratio is 53.59%.

Insider Buying and Selling

In other news, Director Rachel Lord sold 12,000 shares of the business’s 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 value of $13,980,480.00. Following the transaction, the director owned 7,205 shares in the company, valued at approximately $8,394,113.20. The trade was a 62.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Martin Small sold 1,258 shares of the company’s stock in a transaction on 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 completion of the sale, the chief financial officer directly owned 6,209 shares in the company, valued at approximately $6,478,346.42. This represents a 16.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.98% of the stock is owned by insiders.

Hedge Funds Weigh In On BlackRock

A number of hedge funds have recently bought and sold shares of BLK. Capital Advisors Inc. OK raised its position in shares of BlackRock by 5.7% in the 4th quarter. Capital Advisors Inc. OK now owns 589 shares of the asset manager’s stock worth $631,000 after acquiring an additional 32 shares in the last quarter. Victory Financial Group LLC bought a new stake in BlackRock in the fourth quarter worth approximately $213,000. Uncommon Cents Investing LLC lifted its stake in BlackRock by 2.2% in the fourth quarter. Uncommon Cents Investing LLC now owns 930 shares of the asset manager’s stock valued at $995,000 after buying an additional 20 shares during the period. Lodestone Wealth Management LLC acquired a new position in BlackRock in the fourth quarter valued at approximately $115,000. Finally, Nilsine Partners LLC boosted its holdings in shares of BlackRock by 4.7% during the 4th quarter. Nilsine Partners LLC now owns 2,974 shares of the asset manager’s stock worth $3,183,000 after buying an additional 134 shares in the last quarter. Institutional investors own 80.69% of the company’s stock.

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.