Zacks Research Decreases Earnings Estimates for BlackRock

BlackRock, Inc. (NYSE:BLK) – Investment analysts at Zacks Research reduced their FY2025 earnings per share estimates for BlackRock in a report released on Thursday, March 20th. Zacks Research analyst R. Department now anticipates that the asset manager will earn $46.50 per share for the year, down from their prior estimate of $46.57. The consensus estimate for BlackRock’s current full-year earnings is $47.41 per share. Zacks Research also issued estimates for BlackRock’s Q1 2026 earnings at $12.36 EPS, Q2 2026 earnings at $13.02 EPS and FY2027 earnings at $63.74 EPS.

A number of other equities analysts also recently commented on the company. UBS Group lifted their price target on BlackRock from $1,017.00 to $1,045.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 21st. Deutsche Bank Aktiengesellschaft raised their price target on shares of BlackRock from $1,215.00 to $1,275.00 and gave the stock a “buy” rating in a research report on Thursday, January 16th. Barclays lowered their price objective on shares of BlackRock from $1,220.00 to $1,160.00 and set an “overweight” rating for the company in a research report on Monday, January 13th. Keefe, Bruyette & Woods decreased their target price on BlackRock from $1,225.00 to $1,160.00 and set an “outperform” rating for the company in a research note on Monday, January 13th. Finally, Wells Fargo & Company boosted their target price on BlackRock from $1,155.00 to $1,175.00 and gave the stock an “overweight” rating in a report on Thursday, January 16th. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,120.67.

BlackRock Price Performance

Shares of BLK stock opened at $974.69 on Monday. The firm has a fifty day moving average of $981.21 and a two-hundred day moving average of $990.51. The firm has a market cap of $151.32 billion, a P/E ratio of 23.21, a P/E/G ratio of 1.90 and a beta of 1.28. BlackRock has a 1-year low of $745.55 and a 1-year high of $1,084.22. The company has a debt-to-equity ratio of 0.45, a current ratio of 5.23 and a quick ratio of 5.23.

BlackRock (NYSE:BLK) last released its quarterly earnings results on Wednesday, January 15th. The asset manager reported $11.93 earnings per share for the quarter, topping analysts’ consensus estimates of $11.52 by $0.41. The business had revenue of $5.68 billion during the quarter, compared to the consensus estimate of $5.57 billion. BlackRock had a net margin of 31.21% and a return on equity of 16.32%. The business’s quarterly revenue was up 22.6% compared to the same quarter last year. During the same quarter last year, the company earned $9.66 earnings per share.

BlackRock Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Friday, March 7th were paid a dividend of $5.21 per share. This represents a $20.84 annualized dividend and a yield of 2.14%. This is a positive change from BlackRock’s previous quarterly dividend of $5.10. The ex-dividend date of this dividend was Friday, March 7th. BlackRock’s payout ratio is currently 49.62%.

Insider Buying and Selling at BlackRock

In other news, Director J. Richard Kushel sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $1,072.64, for a total value of $10,726,400.00. Following the transaction, the director now directly owns 68,433 shares of the company’s stock, valued at $73,403,973.12. The trade was a 12.75 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 20,430 shares of company stock valued at $21,234,629 in the last 90 days. 0.90% of the stock is currently owned by company insiders.

Institutional Trading of BlackRock

Hedge funds and other institutional investors have recently made changes to their positions in the business. IAG Wealth Partners LLC acquired a new position in BlackRock in the fourth quarter valued at approximately $26,000. FSA Wealth Management LLC acquired a new stake in shares of BlackRock in the 3rd quarter valued at about $26,000. Investment Management Corp VA ADV bought a new position in shares of BlackRock during the 4th quarter worth approximately $30,000. Collier Financial acquired a new stake in BlackRock in the 4th quarter valued at $32,000. Finally, Compass Planning Associates Inc bought a new position in BlackRock in the fourth quarter valued at approximately $33,000. 80.69% of the stock is currently owned by institutional investors and hedge funds.

About BlackRock

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.