Blackrock Inc (NYSE: BLK) is 34.32% higher on its value in year-to-date trading and has touched a low of $773.74 and a high of $1112.13 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BLK stock was last observed hovering at around $1082.24 in the last trading session, with the day’s gains setting it 23.14%.
Currently trading at $1105.38, the stock is 4.83% and 9.99% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.18 million and changing 2.14% at the moment leaves the stock 12.06% off its SMA200. BLK registered 7.83% gain for a year compared to 6-month gain of 14.76%. The firm has a 50-day simple moving average (SMA 50) of $995.611 and a 200-day simple moving average (SMA200) of $984.3482.
The stock witnessed a 12.55% loss in the last 1 month and extending the period to 3 months gives it a 24.42%, and is 0.12% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.53% over the week and 1.82% over the month.
Blackrock Inc (BLK) has around 21100 employees, a market worth around $171.25B and $22.39B in sales. Current P/E ratio is 26.72 and Fwd P/E is 21.20. Profit margin for the company is 28.60%. Distance from 52-week low is 42.86% and -0.61% from its 52-week high. The company has generated returns on investments over the last 12 months (10.41%).
with sales reaching $5.41B over the same period.The EPS is expected to grow by 8.70% this year, but quarterly earnings will post 10.82% year-over-year. Quarterly sales are estimated to grow 12.49% in year-over-year returns.
2813.0 institutions hold shares in Blackrock Inc (BLK), with institutional investors hold 84.38% of the company’s shares. The shares outstanding are 154.80M, and float is at 143.76M with Short Float at 1.35%. Institutions hold 82.68% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 13.22 million shares valued at $10.41 billion. The investor’s holdings represent 8.903 of the BLK Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 9.52 million shares valued at $7.49 billion to account for 6.4102 of the shares outstanding. The other top investors are STATE STREET CORP which holds 5.94 million shares representing 4.0021 and valued at over $4.68 billion, while TEMASEK HOLDINGS (PRIVATE) LTD holds 3.4581 of the shares totaling 5.13 million with a market value of $4.04 billion.
Blackrock Inc (BLK) Insider Activity
The most recent transaction is an insider sale by FINK LAURENCE, the company’s Chairman and CEO. SEC filings show that FINK LAURENCE sold 16,485 shares of the company’s common stock on Apr 29 ’25 at a price of $917.18 per share for a total of $15.12 million. Following the sale, the insider now owns 0.29 million shares.
Still, SEC filings show that on Apr 24 ’25, Kushel J. Richard (Senior Managing Director) disposed off 10,000 shares at an average price of $912.50 for $9.13 million. The insider now directly holds 66,034 shares of Blackrock Inc (BLK).
