UBS Group Lowers BlackRock (NYSE:BLK) Price Target to $1,235.00

BlackRock (NYSE:BLK) had its price target decreased by UBS Group from $1,280.00 to $1,235.00 in a research note issued on Thursday,Benzinga reports. The firm presently has a “buy” rating on the asset manager’s stock. UBS Group’s price objective would indicate a potential upside of 23.01% from the company’s previous close.

A number of other research analysts also recently issued reports on BLK. Jefferies Financial Group dropped their price target on shares of BlackRock from $1,351.00 to $1,199.00 and set a “buy” rating on the stock in a research report on Wednesday. Deutsche Bank Aktiengesellschaft boosted their price target on shares of BlackRock from $1,296.00 to $1,380.00 in a research report on Thursday, January 15th. Bank of America boosted their price target on shares of BlackRock from $1,456.00 to $1,464.00 in a research note on Wednesday, December 10th. Wall Street Zen upgraded shares of BlackRock from a “sell” rating to a “hold” rating in a research note on Saturday, January 17th. Finally, Evercore cut their price objective on shares of BlackRock from $1,275.00 to $1,235.00 and set an “outperform” rating on the stock in a report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,260.83.

BlackRock Price Performance

BlackRock stock traded up $2.46 during trading hours on Thursday, reaching $1,004.00. 450,860 shares of the stock were exchanged, compared to its average volume of 855,756. The stock has a 50 day moving average of $1,020.84 and a two-hundred day moving average of $1,072.88. BlackRock has a twelve month low of $833.09 and a twelve month high of $1,219.94. The company has a current ratio of 2.98, a quick ratio of 2.98 and a debt-to-equity ratio of 0.37. The company has a market cap of $156.16 billion, a P/E ratio of 28.35, a price-to-earnings-growth ratio of 1.24 and a beta of 1.48.

BlackRock (NYSE:BLK) last posted its quarterly earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share for the quarter, beating analysts’ consensus estimates of $12.55 by $0.61. BlackRock had a net margin of 22.93% and a return on equity of 14.78%. The company had revenue of $7.01 billion for the quarter, compared to the consensus estimate of $6.80 billion. During the same period last year, the company posted $11.93 EPS. The firm’s quarterly revenue was up 23.4% compared to the same quarter last year. Equities analysts expect that BlackRock will post 47.41 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CFO Martin Small sold 27,047 shares of the company’s stock in a transaction dated 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 $12,363,724.98. This represents a 71.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, COO Robert L. Goldstein sold 5,293 shares of the company’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $1,084.22, for a total transaction of $5,738,776.46. Following the completion of the transaction, the chief operating officer owned 46,185 shares in the company, valued at approximately $50,074,700.70. This trade represents a 10.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 111,319 shares of company stock valued at $123,999,249. Corporate insiders own 1.98% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Pacifica Partners Inc. lifted its stake in BlackRock by 450.0% in the third 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 lifted its stake in 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 acquiring an additional 20 shares during the period. Evolution Wealth Management Inc. purchased a new stake in BlackRock in the fourth quarter worth $26,000. Hopwood Financial Services Inc. lifted its stake in BlackRock by 866.7% in the third quarter. Hopwood Financial Services Inc. now owns 29 shares of the asset manager’s stock worth $34,000 after acquiring an additional 26 shares during the period. Finally, Birchbrook Inc. purchased a new stake in BlackRock in the fourth quarter worth $31,000. 80.69% of the stock is currently owned by institutional investors.

BlackRock News Roundup

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Private‑credit and core index business strength supports fee stability and investor confidence — BlackRock is being viewed as weathering private‑credit stress better than peers, which helps protect management fees and AUM. Read More.
• Positive Sentiment: New product push: BlackRock filed for an iShares Nasdaq‑100 ETF, signaling potential to capture flows from QQQ and spark long‑term fee growth if it gains traction. Read More.
• Positive Sentiment: Street prepares for a solid Q1: several analysts revised forecasts ahead of the report, with some expecting higher Q1 earnings — a near-term earnings beat could re‑rate the shares. Read More.
• Neutral Sentiment: Consensus remains mildly positive: the stock carries an average recommendation near “moderate buy,” leaving room for both upside and downside based on Q1 results and guidance. Read More.
• Neutral Sentiment: Ongoing strategic moves (stake disclosures, dual‑class fund changes) are operationally notable but unlikely to drive immediate price action absent material fund flows or M&A. Read More.
• Negative Sentiment: Multiple firms trimmed BlackRock price targets this week (Barclays, Jefferies, Keefe, TD Cowen, Goldman among them), signaling analyst caution on valuation and near‑term growth assumptions. That pressure likely caps upside until clearer Q1/guide signals emerge. Read More.
• Negative Sentiment: Pomerantz investor‑alert investigation introduces legal/ reputational risk that could weigh on sentiment if it escalates. Read More.
• Negative Sentiment: Crypto exposure: reported >$20B decline in on‑chain crypto portfolio value in Q1 (price‑driven outflows/mark losses) is a headwind to AUM and headline risk for digital asset strategies. Read More.

BlackRock Company Profile

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.