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

BlackRock (NYSE:BLK) had its target price cut by equities research analysts at Deutsche Bank Aktiengesellschaft from $1,298.00 to $1,296.00 in a research note issued to investors on Tuesday,MarketScreener reports. The firm presently has a “buy” rating on the asset manager’s stock. Deutsche Bank Aktiengesellschaft’s price target indicates a potential upside of 11.96% from the company’s previous close.

Several other research firms have also weighed in on BLK. Jefferies Financial Group boosted their price target on BlackRock from $1,196.00 to $1,325.00 and gave the stock a “buy” rating in a research report on Tuesday, October 7th. UBS Group lifted their price objective on shares of BlackRock from $1,180.00 to $1,218.00 and gave the company a “neutral” rating in a research report on Monday. Keefe, Bruyette & Woods dropped their target price on shares of BlackRock from $1,322.00 to $1,310.00 and set an “outperform” rating on the stock in a report on Thursday, January 8th. BNP Paribas Exane raised their price objective on BlackRock from $1,290.00 to $1,300.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, BMO Capital Markets dropped their price target on BlackRock from $1,300.00 to $1,250.00 and set an “outperform” rating on the stock in a research note on Tuesday. Fifteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $1,303.18.

BlackRock Stock Up 6.0%

BLK traded up $65.70 during trading hours on Tuesday, hitting $1,157.55. 1,400,822 shares of the company’s stock were exchanged, compared to its average volume of 789,095. The stock has a market cap of $179.59 billion, a price-to-earnings ratio of 29.76, a PEG ratio of 1.57 and a beta of 1.47. BlackRock has a 1-year low of $773.74 and a 1-year high of $1,219.94. The stock’s 50-day moving average is $1,068.41 and its two-hundred day moving average is $1,103.49. The company has a quick ratio of 3.33, a current ratio of 3.33 and a debt-to-equity ratio of 0.34.

BlackRock (NYSE:BLK) last issued its quarterly earnings results on Thursday, January 15th. The asset manager reported $13.16 EPS for the quarter, topping the consensus estimate of $12.55 by $0.61. BlackRock had a net margin of 26.64% and a return on equity of 14.80%. The firm had revenue of $7.01 billion for the quarter, compared to analysts’ expectations of $6.80 billion. During the same period in the previous year, the firm posted $11.93 EPS. The company’s revenue for the quarter was up 23.4% on a year-over-year basis. Sell-side analysts predict that BlackRock will post 47.41 earnings per share for the current fiscal year.

Insiders Place Their Bets

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

Hedge Funds Weigh In On BlackRock

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Norges Bank bought a new position in shares of BlackRock in the 2nd quarter valued at $2,644,007,000. Laurel Wealth Advisors LLC grew its position in BlackRock by 105,267.4% in the second quarter. Laurel Wealth Advisors LLC now owns 1,705,899 shares of the asset manager’s stock valued at $1,789,915,000 after acquiring an additional 1,704,280 shares during the last quarter. Franklin Resources Inc. raised its stake in BlackRock by 72.5% during the second quarter. Franklin Resources Inc. now owns 2,005,358 shares of the asset manager’s stock worth $2,104,122,000 after acquiring an additional 842,901 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in shares of BlackRock by 1,962.0% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 792,494 shares of the asset manager’s stock worth $831,524,000 after acquiring an additional 754,060 shares during the last quarter. Finally, Viking Global Investors LP grew its stake in shares of BlackRock by 217.5% during the third quarter. Viking Global Investors LP now owns 619,492 shares of the asset manager’s stock worth $722,247,000 after buying an additional 424,388 shares during the last quarter. 80.69% of the stock is currently owned by institutional investors and hedge funds.

BlackRock News Summary

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Q4 results beat expectations — revenue of ~$7.01B and EPS above consensus, showing healthy fee growth and driving investor confidence. BlackRock Press Release
• Positive Sentiment: Record AUM: BlackRock reported assets under management of about $14 trillion after a quarter of massive inflows — a headline milestone that supports fee revenue visibility and scale advantages. BlackRock Earnings: Company Hits Record $14 Trillion in Assets Behind Strong ETF Flows
• Positive Sentiment: Shareholder returns: management announced a 10% dividend increase and new buyback authorization — a direct positive for per-share metrics and investor sentiment. BlackRock Raises Dividend 10% and Announces New Stock Buybacks
• Positive Sentiment: AI partnership fundraising: BlackRock said its JV with Microsoft has raised ~$12.5B toward a $30B target for AI/data-center investments — a growth-area push that signals long-term strategic upside. BlackRock Says AI Partnership Raises $12.5 Billion Toward $30 Billion Goal
• Neutral Sentiment: ETF and product mix: strong ETF and fixed-income inflows powered the quarter (including spot crypto ETF flows), lifting AUM but concentrating growth in fee-sensitive products — positive for scale but could pressure margins long term. BlackRock Total Assets Hit Record $14 Trillion on ETF Surge
• Neutral Sentiment: Analyst views and targets remain constructive overall (median targets above current levels), supporting sentiment but leaving upside tied to execution. QuiverQuant Coverage & Analyst Targets
• Negative Sentiment: Profitability and cash-flow weakness: GAAP net income and operating profit fell year-over-year, and some reports flagged weaker operating cash flow — these metrics create near-term earnings-quality questions despite the top-line beat. BlackRock’s Profit Fell, Assets Hit Record $14 Trillion, in Fourth Quarter
• Negative Sentiment: Conflicting third?party summaries: some data feeds flagged weaker EPS or margin pressure on different accounting bases, which can create short-term headline volatility and trader confusion. QuiverQuant: Revenue Up but EPS Miss; Profit and Cash Flow Weak

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.