BlackRock, Inc. (NYSE:BLK – Free Report) – Analysts at Zacks Research lowered their Q2 2025 earnings estimates for BlackRock in a note issued to investors on Thursday, May 8th. Zacks Research analyst R. Department now forecasts that the asset manager will earn $9.91 per share for the quarter, down from their prior forecast of $10.00. The consensus estimate for BlackRock’s current full-year earnings is $47.41 per share. Zacks Research also issued estimates for BlackRock’s Q4 2025 earnings at $11.52 EPS, FY2025 earnings at $43.13 EPS, Q1 2026 earnings at $11.24 EPS, Q2 2026 earnings at $11.55 EPS, FY2026 earnings at $48.60 EPS and FY2027 earnings at $60.73 EPS.
Several other analysts have also commented on BLK. StockNews.com assumed coverage on shares of BlackRock in a research report on Thursday, May 8th. They set a “hold” rating for the company. UBS Group decreased their price target on shares of BlackRock from $1,045.00 to $1,010.00 and set a “neutral” rating for the company in a research report on Friday, April 11th. JPMorgan Chase & Co. decreased their price target on shares of BlackRock from $1,046.00 to $988.00 and set a “neutral” rating for the company in a research report on Monday, April 14th. Citigroup cut their price objective on shares of BlackRock from $1,200.00 to $1,100.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Finally, TD Cowen cut their price objective on shares of BlackRock from $1,251.00 to $1,032.00 and set a “buy” rating on the stock in a report on Wednesday, April 9th. Three analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,077.08.
BlackRock Stock Performance
BLK stock opened at $958.21 on Monday. The firm has a market cap of $148.76 billion, a price-to-earnings ratio of 22.81, a PEG ratio of 1.90 and a beta of 1.41. The firm has a 50-day simple moving average of $912.82 and a two-hundred day simple moving average of $978.29. BlackRock has a one year low of $752.30 and a one year high of $1,084.22. The company has a debt-to-equity ratio of 0.45, a quick ratio of 5.23 and a current ratio of 5.23.
BlackRock (NYSE:BLK – Get Free Report) last released its quarterly earnings results on Friday, April 11th. The asset manager reported $11.30 EPS for the quarter, beating the consensus estimate of $10.84 by $0.46. The business had revenue of $5.28 billion during the quarter, compared to analyst estimates of $5.47 billion. BlackRock had a net margin of 31.21% and a return on equity of 16.32%. The company’s quarterly revenue was up 11.6% on a year-over-year basis. During the same period in the prior year, the firm posted $9.81 earnings per share.
Hedge Funds Weigh In On BlackRock
Several hedge funds and other institutional investors have recently bought and sold shares of BLK. IAG Wealth Partners LLC acquired a new position in BlackRock in the 4th quarter worth approximately $26,000. Fairway Wealth LLC grew its stake in shares of BlackRock by 76.5% during the 1st quarter. Fairway Wealth LLC now owns 30 shares of the asset manager’s stock worth $28,000 after purchasing an additional 13 shares during the period. Investment Management Corp VA ADV acquired a new stake in shares of BlackRock during the 4th quarter worth approximately $30,000. Cheviot Value Management LLC acquired a new stake in shares of BlackRock during the 1st quarter worth approximately $30,000. Finally, MorganRosel Wealth Management LLC acquired a new stake in shares of BlackRock during the 1st quarter worth approximately $31,000. Institutional investors and hedge funds own 80.69% of the company’s stock.
Insider Buying and Selling
In related news, Director J. Richard Kushel sold 430 shares of the stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $949.37, for a total value of $408,229.10. Following the transaction, the director now owns 3,720 shares in the company, valued at approximately $3,531,656.40. This represents a 10.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In the last quarter, insiders have sold 12,430 shares of company stock worth $11,237,249. 1.98% of the stock is owned by company insiders.
BlackRock Company Profile
BlackRock, Inc is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks.
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