BlackRock (NYSE:BLK) Price Target Raised to $1,250.00 at CICC Research

BlackRock (NYSE:BLK) had its price target raised by CICC Research from $1,000.00 to $1,250.00 in a research note issued to investors on Tuesday,MarketScreener reports.

A number of other equities analysts have also recently commented on BLK. Morgan Stanley lifted their price objective on shares of BlackRock from $1,514.00 to $1,550.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. JPMorgan Chase & Co. raised their target price on shares of BlackRock from $1,244.00 to $1,267.00 and gave the stock a “neutral” rating in a research note on Friday, January 9th. Barclays upped their price target on shares of BlackRock from $1,300.00 to $1,350.00 and gave the company an “overweight” rating in a research note on Friday, January 16th. The Goldman Sachs Group restated a “buy” rating and set a $1,313.00 price objective on shares of BlackRock in a research report on Tuesday, December 9th. Finally, Loop Capital set a $1,255.00 price objective on BlackRock in a report on Tuesday, October 21st. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,311.11.

BlackRock Trading Down 4.4%

BlackRock stock opened at $1,070.93 on Tuesday. The stock has a 50-day simple moving average of $1,090.98 and a 200 day simple moving average of $1,108.12. The stock has a market capitalization of $166.15 billion, a P/E ratio of 30.24, a PEG ratio of 1.40 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 52 week low of $773.74 and a 52 week high of $1,219.94.

BlackRock (NYSE:BLK) last released 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 company had revenue of $6.33 billion during the quarter, compared to analysts’ expectations of $6.80 billion. BlackRock had a return on equity of 15.14% and a net margin of 22.93%.The business’s revenue was up 23.4% on a year-over-year basis. During the same period last year, the firm posted $11.93 earnings per share. Analysts expect that BlackRock will post 47.41 earnings per share for the current year.

BlackRock Increases Dividend

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

Insider Buying and Selling

In related news, CFO Martin Small sold 27,047 shares of BlackRock stock in a transaction on Friday, January 16th. The stock was sold at an average price of $1,171.14, for a total transaction of $31,675,823.58. Following the sale, the chief financial officer directly owned 10,557 shares in the company, valued at approximately $12,363,724.98. This trade represents a 71.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director J. Richard Kushel sold 20,000 shares of the business’s stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $1,125.00, for a total value of $22,500,000.00. Following the completion of the transaction, the director directly owned 61,894 shares in the company, valued at approximately $69,630,750. This represents a 24.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 48,305 shares of company stock valued at $55,488,396 over the last ninety days. 1.98% of the stock is currently owned by company insiders.

Institutional Trading of BlackRock

A number of large investors have recently added to or reduced their stakes in BLK. Welch Group LLC increased its stake in shares of BlackRock by 1.2% during the 2nd quarter. Welch Group LLC now owns 760 shares of the asset manager’s stock worth $797,000 after purchasing an additional 9 shares during the last quarter. Stanley Laman Group Ltd. increased its position in shares of BlackRock by 2.7% during the second quarter. Stanley Laman Group Ltd. now owns 340 shares of the asset manager’s stock valued at $357,000 after buying an additional 9 shares during the period. CNB Bank increased its holdings in BlackRock by 9.6% during the 2nd quarter. CNB Bank now owns 103 shares of the asset manager’s stock worth $108,000 after acquiring an additional 9 shares during the period. Magellan Asset Management Ltd increased its holdings in shares of BlackRock by 14.3% in the second quarter. Magellan Asset Management Ltd now owns 72 shares of the asset manager’s stock worth $76,000 after purchasing an additional 9 shares during the period. Finally, FAS Wealth Partners Inc. increased its stake in BlackRock by 1.1% in the 2nd quarter. FAS Wealth Partners Inc. now owns 817 shares of the asset manager’s stock worth $857,000 after acquiring an additional 9 shares during the last quarter. Hedge funds and other institutional investors own 80.69% of the company’s stock.

Key Stories Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: CICC Research raised its price target on BlackRock to $1,250 from $1,000, signaling analyst confidence in BLK’s earnings growth and valuation upside — this can support buying interest. MarketScreener
• Positive Sentiment: BlackRock filed for an iShares Bitcoin Premium Income ETF that would use covered‑call strategies to generate yield — a new product that could attract inflows and fee revenue if approved and marketed successfully. MarketBeat
• Positive Sentiment: VistaShares’ new Treasury-plus-Bitcoin fund gains Bitcoin exposure via call options on BlackRock’s IBIT, indicating continued market demand for BlackRock’s crypto ETF products and derivative liquidity. Cointelegraph
• Positive Sentiment: BlackRock’s GIP is reported to have teamed with EQT in a bid for AES, which highlights deal‑making that could expand infrastructure AUM and fee opportunities if the consortium succeeds. Financial Post
• Neutral Sentiment: BlackRock marginally increased its stake in Austria’s BAWAG Group — routine portfolio/ownership shifts that are unlikely to move BLK shares materially by themselves. TipRanks
• Neutral Sentiment: BlackRock disclosed a significant stake in Qiagen (regulatory filing disclosure) — standard reporting that may affect cross‑holdings but not core operations. TipRanks
• Neutral Sentiment: Report that a BlackRock entity (Portfolio Management LLC) bought 752,500 shares of YSS shows the firm acting as an investor/asset manager rather than signaling BLK corporate moves — informational but not directly value‑creating for BLK stock. Quiver Quantitative
• Negative Sentiment: Coverage flagged a valuation check after a loan write‑down and shifts in Bitcoin ETF flows — issues that raise short‑term earnings and valuation concern for BLK and can pressure the stock. Yahoo Finance
• Negative Sentiment: Reports that BlackRock moved over $670M in Bitcoin and Ethereum to Coinbase may reflect rebalancing or client flows; markets sometimes interpret large crypto transfers as potential outflows or liquidity shifts, which can weigh on sentiment. CryptoBriefing

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.