Research Analysts Issue Forecasts for BlackRock Q3 Earnings

Key Points

• Zacks Research has reduced its Q3 2025 earnings estimate for BlackRock from $10.56 to $10.46 per share, indicating a negative outlook for the asset manager.
• BlackRock reported $12.05 earnings per share in its last quarterly results, surpassing the consensus estimate, while year-over-year revenue grew by 12.9%.
• In recent weeks, multiple analysts have adjusted their price targets for BlackRock, with a consensus rating of "Moderate Buy" and an average target price of $1,151.21.

BlackRock (NYSE:BLK - Free Report) - Research analysts at Zacks Research reduced their Q3 2025 EPS estimates for shares of BlackRock in a research note issued to investors on Monday, August 4th. Zacks Research analyst R. Department now anticipates that the asset manager will post earnings per share of $10.46 for the quarter, down from their prior estimate of $10.56. The consensus estimate for BlackRock's current full-year earnings is $47.41 per share. Zacks Research also issued estimates for BlackRock's Q1 2027 earnings at $13.50 EPS, Q2 2027 earnings at $14.11 EPS and FY2027 earnings at $57.51 EPS.

A number of other brokerages have also weighed in on BLK. Wells Fargo & Company decreased their target price on BlackRock from $1,180.00 to $1,170.00 and set an "overweight" rating for the company in a research report on Wednesday, July 16th. Wall Street Zen raised shares of BlackRock to a "hold" rating in a report on Saturday, May 24th. Morgan Stanley lowered their price objective on shares of BlackRock from $1,247.00 to $1,224.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 16th. The Goldman Sachs Group reissued a "buy" rating and set a $1,115.00 price target on shares of BlackRock in a report on Tuesday, July 8th. Finally, Telsey Advisory Group reaffirmed an "outperform" rating on shares of BlackRock in a report on Tuesday, July 8th. Three equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $1,151.21.

BlackRock Stock Performance

Shares of NYSE:BLK traded up $11.37 during midday trading on Wednesday, reaching $1,124.20. 427,828 shares of the company's stock traded hands, compared to its average volume of 674,734. The company has a debt-to-equity ratio of 0.39, a quick ratio of 4.34 and a current ratio of 4.04. BlackRock has a one year low of $773.74 and a one year high of $1,131.93. The company has a market cap of $174.17 billion, a price-to-earnings ratio of 27.18, a P/E/G ratio of 2.24 and a beta of 1.42. The stock has a 50 day moving average of $1,054.94 and a 200 day moving average of $985.49.

BlackRock (NYSE:BLK - Get Free Report) last issued its earnings results on Tuesday, July 15th. The asset manager reported $12.05 EPS for the quarter, beating the consensus estimate of $10.41 by $1.64. The business had revenue of $5.42 billion for the quarter, compared to the consensus estimate of $5.40 billion. BlackRock had a return on equity of 15.53% and a net margin of 29.68%. The company's revenue was up 12.9% compared to the same quarter last year. During the same period last year, the business posted $10.36 EPS.

Institutional Trading of BlackRock

Hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC raised its holdings in shares of BlackRock by 104,598.9% during the 1st quarter. GAMMA Investing LLC now owns 3,500,083 shares of the asset manager's stock worth $3,312,759,000 after acquiring an additional 3,496,740 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in BlackRock by 401.5% during the fourth 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 valued at $1,122,743,000 after purchasing an additional 876,836 shares during the period. Royal Bank of Canada lifted its stake in shares of BlackRock by 73.2% in the 1st quarter. Royal Bank of Canada now owns 1,313,350 shares of the asset manager's stock valued at $1,243,059,000 after purchasing an additional 555,098 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of BlackRock by 2.9% in the 1st quarter. Vanguard Group Inc. now owns 13,764,072 shares of the asset manager's stock worth $13,027,419,000 after purchasing an additional 387,466 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in BlackRock by 18.6% during the 4th quarter. Ameriprise Financial Inc. now owns 2,100,163 shares of the asset manager's stock valued at $2,152,907,000 after buying an additional 329,244 shares during the period. Hedge funds and other institutional investors own 80.69% of the company's stock.

Insiders Place Their Bets

In other news, CEO Laurence Fink sold 12,054 shares of the company's stock in a transaction dated Friday, July 25th. The stock was sold at an average price of $1,125.43, for a total value of $13,565,933.22. Following the completion of the transaction, the chief executive officer owned 251,697 shares of the company's stock, valued at $283,267,354.71. This represents a 4.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Rachel Lord sold 18,036 shares of BlackRock stock in a transaction that occurred on Friday, July 25th. The shares were sold at an average price of $1,125.60, for a total value of $20,301,321.60. Following the sale, the director directly owned 19,205 shares in the company, valued at $21,617,148. This trade represents a 48.43% decrease in their position. The disclosure for this sale can be found here. Insiders sold 66,494 shares of company stock valued at $74,694,573 in the last ninety days. Insiders own 1.98% of the company's stock.

BlackRock Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 23rd. Shareholders of record on Friday, September 5th will be issued a dividend of $5.21 per share. The ex-dividend date of this dividend is Friday, September 5th. This represents a $20.84 dividend on an annualized basis and a yield of 1.9%. BlackRock's dividend payout ratio (DPR) is currently 50.39%.

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.