Key Points
- BlackRock director Stephen Cohen sold 2,179 shares on Feb. 11 at an average price of $1,073.87 (totaling $2.34M), leaving him with 6,543 shares — a roughly 24.98% reduction in his ownership (SEC Form 4 filed).
- BlackRock beat EPS expectations with $13.16 per share for the quarter (consensus $12.55) while revenue of $6.33B missed estimates, and the company raised its quarterly dividend to $5.73 ($22.92 annualized; yield ~2.1%; ex-dividend Mar. 6).
- Analysts maintain a consensus rating of "Moderate Buy" with an average price target of $1,311.11, though individual targets and ratings range from holds to overweight/strong buy recommendations.
BlackRock (NYSE:BLK - Get Free Report) Director Stephen Cohen sold 2,179 shares of the business's stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $1,073.87, for a total transaction of $2,339,962.73. Following the completion of the sale, the director directly owned 6,543 shares in the company, valued at $7,026,331.41. This represents a 24.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
BlackRock Stock Up 1.5%
NYSE:BLK opened at $1,071.59 on Friday. The stock has a 50-day simple moving average of $1,093.52 and a 200 day simple moving average of $1,105.83. BlackRock has a 52-week low of $773.74 and a 52-week high of $1,219.94. The company has a market cap of $166.26 billion, a PE ratio of 30.25, a PEG ratio of 1.32 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 (NYSE:BLK - Get Free Report) last released its quarterly earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share 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 firm had revenue of $6.33 billion during the quarter, compared to the consensus estimate of $6.80 billion. During the same quarter in the prior year, the firm posted $11.93 EPS. The business's revenue was up 23.4% on a year-over-year basis. On average, sell-side analysts expect that BlackRock will post 47.41 EPS for the current fiscal year.
BlackRock Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Friday, March 6th will be paid a dividend of $5.73 per share. The ex-dividend date is Friday, March 6th. This represents a $22.92 dividend on an annualized basis and a dividend yield of 2.1%. This is a positive change from BlackRock's previous quarterly dividend of $5.21. BlackRock's dividend payout ratio (DPR) is currently 58.84%.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on BLK shares. TD Cowen cut BlackRock from a "buy" rating to a "hold" rating in a research note on Wednesday, January 14th. Morgan Stanley increased their price target on shares of BlackRock from $1,514.00 to $1,550.00 and gave the company an "overweight" rating in a research note on Friday, January 16th. Evercore lowered their price target on BlackRock from $1,300.00 to $1,275.00 and set an "outperform" rating on the stock in a research report on Monday, January 12th. UBS Group set a $1,280.00 target price on BlackRock in a research note on Friday, January 16th. Finally, BNP Paribas Exane boosted their target price on BlackRock from $1,290.00 to $1,300.00 and gave the stock an "outperform" rating in a report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $1,311.11.
Read Our Latest Research Report on BlackRock
More BlackRock News
Here are the key news stories impacting BlackRock this week:
- Positive Sentiment: BlackRock formally expanded into DeFi by listing its tokenized Treasury fund (BUIDL) on Uniswap and enabling on‑chain trading — a strategic move that broadens distribution channels for BlackRock’s digital‑asset products and could support future fee/AUM growth. Read More.
- Positive Sentiment: Income and earnings fundamentals: company reporting and corporate actions (recent EPS beat and an increased quarterly dividend to $5.73) provide support for income‑oriented investors and justify parts of the stock’s elevated multiple. Read More.
- Neutral Sentiment: 13F / portfolio moves: recent SEC filings show large BlackRock fund repositioning (additions to IVV, MSFT, GOOGL, AMZN and new sizable positions in tickers like Q, SOLS, LXP) — signals scale and active management but are informational about fund flows rather than an immediate BLK earnings driver. Read More.
- Neutral Sentiment: Routine ownership disclosures: filings around a ~5% voting stake in BAWAG Group were posted — standard large‑investor activity with limited direct impact on BlackRock’s core management fees. Read More.
- Negative Sentiment: Insider selling: COO Robert Goldstein executed sizeable open‑market sales (Feb. 10–11; Form 4 filed). Large insider sales can weigh on near‑term sentiment even when they’re for diversification or tax planning. Read More.
- Negative Sentiment: Reported private‑credit loss: a WSJ report about a ~$400M loss linked to fake invoices in a BlackRock unit highlights execution and due‑diligence risk in private markets and can pressure the multiple investors assign to alternatives. Read More.
- Negative Sentiment: Crypto headwinds: weakening crypto prices, ETF outflows and reports that some BlackRock crypto portfolios have trimmed BTC/ETH exposure could limit near‑term AUM and fee growth from digital‑asset offerings despite the Uniswap announcement. Read More.
Institutional Trading of BlackRock
A number of institutional investors have recently bought and sold shares of the business. Pacifica Partners Inc. increased its stake in BlackRock by 450.0% during the 3rd quarter. Pacifica Partners Inc. now owns 22 shares of the asset manager's stock worth $25,000 after acquiring an additional 18 shares during the period. TruNorth Capital Management LLC increased its position in shares of BlackRock by 1,000.0% in the third quarter. TruNorth Capital Management LLC now owns 22 shares of the asset manager's stock worth $26,000 after purchasing an additional 20 shares during the period. Evolution Wealth Management Inc. bought a new position in shares of BlackRock in the fourth quarter worth $26,000. Traub Capital Management LLC acquired a new position in BlackRock in the second quarter valued at about $28,000. Finally, Whipplewood Advisors LLC lifted its position in BlackRock by 107.1% during the second quarter. Whipplewood Advisors LLC now owns 29 shares of the asset manager's stock worth $30,000 after purchasing an additional 15 shares during the period. Institutional investors own 80.69% of the company's stock.
About BlackRock
(
Get Free Report)
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.
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