BLK icon

Blackrock

1,006.62 USD
-7.88
0.78%
At close Feb 6, 4:00 PM EST
After hours
1,006.59
-0.03
0.00%
1 day
-0.78%
5 days
-6.28%
1 month
-0.60%
3 months
-2.25%
6 months
19.70%
Year to date
-1.06%
1 year
27.75%
5 years
81.48%
10 years
177.74%
 

About: BlackRock is the largest asset manager in the world, with $11.475 trillion in assets under management at the end of September 2024. Its product mix is fairly diverse, with 55% of managed assets in equity strategies, 26% in fixed income, 9% in multi-asset classes, 7% in money market funds, and 3% in alternatives. Passive strategies account for around two thirds of long-term AUM, with the company's ETF platform maintaining a leading market share domestically and on a global basis. Product distribution is weighted more toward institutional clients, which by our calculations account for around 80% of AUM. BlackRock is geographically diverse, with clients in more than 100 countries and more than one third of managed assets coming from investors domiciled outside the US and Canada.

Employees: 20,400

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 9 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

15% more funds holding in top 10

Funds holding in top 10: 26 [Q2] → 30 (+4) [Q3]

10% more capital invested

Capital invested by funds: $98.3B [Q2] → $108B (+$9.44B) [Q3]

5% less repeat investments, than reductions

Existing positions increased: 664 | Existing positions reduced: 700

6.45% less ownership

Funds ownership: 84.37% [Q2] → 77.92% (-6.45%) [Q3]

7% less funds holding

Funds holding: 1,920 [Q2] → 1,777 (-143) [Q3]

18% less call options, than puts

Call options by funds: $1.29B | Put options by funds: $1.58B

41% less first-time investments, than exits

New positions opened: 170 | Existing positions closed: 288

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$1,045
4%
upside
Avg. target
$1,169
16%
upside
High target
$1,275
27%
upside

9 analyst ratings

positive
78%
neutral
22%
negative
0%
UBS
Brennan Hawken
71% 1-year accuracy
24 / 34 met price target
4%upside
$1,045
Neutral
Maintained
21 Jan 2025
Morgan Stanley
Mike Cyprys
86% 1-year accuracy
6 / 7 met price target
27%upside
$1,275
Overweight
Maintained
16 Jan 2025
Keefe, Bruyette & Woods
Aidan Hall
71% 1-year accuracy
12 / 17 met price target
17%upside
$1,180
Outperform
Maintained
16 Jan 2025
Wells Fargo
Michael Brown
74% 1-year accuracy
32 / 43 met price target
17%upside
$1,175
Overweight
Maintained
16 Jan 2025
JP Morgan
Kenneth Worthington
65% 1-year accuracy
24 / 37 met price target
5%upside
$1,053
Neutral
Maintained
16 Jan 2025

Financial journalist opinion

Based on 72 articles about BLK published over the past 30 days

Positive
Seeking Alpha
1 day ago
My Top 5 Dividend-Paying Buy-And-Hold Stocks For 2025
With both The Dividend Income Accelerator Portfolio and my personal investment portfolio I am following a buy-and-hold approach. While my private portfolio focuses on dividend growth, The Dividend Income Accelerator Portfolio balances both dividend income and dividend growth. Investing in companies with strong dividend growth potential allows you to not only benefit from annually increasing dividend payments, but also from capital appreciation.
My Top 5 Dividend-Paying Buy-And-Hold Stocks For 2025
Positive
Reuters
1 day ago
BlackRock prepares to launch bitcoin exchange-traded product in Europe, source says
BlackRock is gearing up to launch a bitcoin exchange-traded product in Europe within weeks, a source familiar with the matter told Reuters, amid growing demand for exposure to cryptocurrencies from both money managers and consumers.
BlackRock prepares to launch bitcoin exchange-traded product in Europe, source says
Neutral
Kitco
2 days ago
BlackRock's Koesterich likes gold just not as a hedge against equity market volatility
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
BlackRock's Koesterich likes gold just not as a hedge against equity market volatility
Positive
Zacks Investment Research
2 days ago
BlackRock Mulls Over Launching an Office in Kuwait, Expanding Presence
BLK plans to set up an office in Kuwait to deepen its footprint in the Middle East and capitalize on the region's untapped potential.
BlackRock Mulls Over Launching an Office in Kuwait, Expanding Presence
Neutral
GlobeNewsWire
3 days ago
BlackRock® Canada Announces Voting Results from Special Meeting of the iShares Premium Money Market ETF
TORONTO, Feb. 03, 2025 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (“BlackRock”) (NYSE: BLK), is pleased to announce that at a special meeting of the iShares Premium Money Market ETF (the “iShares Fund”) held today, unitholders approved the proposal to change the investment objective of the iShares Fund to permit investments in asset-backed commercial paper (the “Proposal”).
BlackRock® Canada Announces Voting Results from Special Meeting of the iShares Premium Money Market ETF
Positive
Seeking Alpha
5 days ago
CEF Weekly Review: BlackRock And Saba Reach Standstill Agreement
We review the CEF market valuation and performance through the fourth week of January and highlight recent market action. Most CEF sectors saw gains, with MLPs leading; January's strong performance nearly offsets December's losses. BlackRock and Saba's standstill agreement includes significant buybacks for BIGZ and BMEZ, tightening discounts but likely widening post-tender offers.
CEF Weekly Review: BlackRock And Saba Reach Standstill Agreement
Negative
Seeking Alpha
6 days ago
IGEB: Systematic Investment Grade Bond Fund From BlackRock
The iShares Investment Grade Systematic Bond ETF offers a systematic strategy for selecting investment-grade corporate bonds, focusing on credit quality and risk-adjusted yields. IGEB has a lower duration than LQD, resulting in less volatility and better performance when interest rates rise, but takes on more credit risk. Despite IGEB's marginal outperformance, current macro conditions with historically tight IG spreads make it an unattractive buy at this time.
IGEB: Systematic Investment Grade Bond Fund From BlackRock
Neutral
Business Wire
1 week ago
BlackRock Expands Active ETF Suite with BBB-B CLO ETF
NEW YORK--(BUSINESS WIRE)--BlackRock Expands Active ETF Suite with BBB-B CLO ETF. The new fund aims to increase investor access to harder-to-reach fixed income sectors.
BlackRock Expands Active ETF Suite with BBB-B CLO ETF
Positive
Kiplinger
1 week ago
Financial Stocks Should Pay Off in 2025
Looking to buy financial stocks? Businesses that provide financial products and services are buoyant, but you should be choosy about where to put your money.
Financial Stocks Should Pay Off in 2025
Neutral
Business Wire
1 week ago
BlackRock Declares Quarterly Dividend of $5.21 on Common Stock
NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE:BLK) today announced that its Board of Directors approved a 2% increase in the quarterly cash dividend to $5.21 per share of common stock, payable March 24, 2025 to shareholders of record at the close of business on March 7, 2025. About BlackRock BlackRock's purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings t.
BlackRock Declares Quarterly Dividend of $5.21 on Common Stock
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