FY2025 EPS Estimates for BlackRock Cut by Zacks Research

BlackRock, Inc. (NYSE:BLK) – Equities researchers at Zacks Research lowered their FY2025 EPS estimates for BlackRock in a research note issued to investors on Thursday, March 20th. Zacks Research analyst R. Department now forecasts that the asset manager will post earnings per share of $46.50 for the year, down from their previous 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.

Several other brokerages have also recently commented on BLK. Citigroup boosted their target price on shares of BlackRock from $1,150.00 to $1,200.00 and gave the company a “buy” rating in a research report on Monday, December 23rd. Keefe, Bruyette & Woods cut 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. Wells Fargo & Company lifted their price target on BlackRock from $1,155.00 to $1,175.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. StockNews.com started coverage on BlackRock in a research report on Friday, March 21st. They set a “hold” rating for the company. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on BlackRock from $1,215.00 to $1,275.00 and gave the company a “buy” rating in a research report on Thursday, January 16th. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat, BlackRock presently has an average rating of “Moderate Buy” and a consensus price target of $1,120.67.

BlackRock Stock Up 1.2 %

BLK stock opened at $974.69 on Monday. BlackRock has a 52 week low of $745.55 and a 52 week high of $1,084.22. The business has a 50-day simple moving average of $981.21 and a 200 day simple moving average of $990.51. The company has a quick ratio of 5.23, a current ratio of 5.23 and a debt-to-equity ratio of 0.45. The company has a market cap of $151.32 billion, a PE ratio of 23.21, a price-to-earnings-growth ratio of 1.90 and a beta of 1.28.

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in BLK. Norges Bank acquired a new stake in shares of BlackRock during the fourth quarter worth $2,356,357,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of BlackRock by 401.5% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,095,241 shares of the asset manager’s stock worth $1,122,743,000 after acquiring an additional 876,836 shares in the last quarter. Proficio Capital Partners LLC lifted its stake in shares of BlackRock by 138,682.5% in the 4th quarter. Proficio Capital Partners LLC now owns 634,236 shares of the asset manager’s stock valued at $634,000 after purchasing an additional 633,779 shares during the period. Envestnet Asset Management Inc. bought a new stake in shares of BlackRock during the 4th quarter valued at about $572,730,000. Finally, Amundi bought a new stake in BlackRock in the fourth quarter worth approximately $528,792,000. Institutional investors own 80.69% of the company’s stock.

Insider Transactions at BlackRock

In related news, Director J. Richard Kushel sold 10,000 shares of BlackRock stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $1,010.00, for a total value of $10,100,000.00. Following the transaction, the director now directly owns 68,433 shares of the company’s stock, valued at $69,117,330. The trade was a 12.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last 90 days, insiders have sold 20,430 shares of company stock worth $21,234,629. Company insiders own 0.90% of the company’s stock.

BlackRock Increases Dividend

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

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.