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Added to YB: 2024-08-13

Pitch date: 2024-07-17

BLK [bullish]

BlackRock, Inc.

+12.5%

current return

Author Info

No bio for this author

Company Info

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.

Market Cap

$164.8B

Pitch Price

$830.26

Price Target

N/A

Dividend

1.96%

EV/EBITDA

18.65

P/E

27.35

EV/Sales

7.58

Sector

Capital Markets

Category

growth

Show full summary:
The Nightview Capital Portfolio Holding: BlackRock, Inc.

BLK: $10.5T AUM, poised for growth as markets rise & rates fall. ETFs offer low-cost access to diverse markets. Strong cost discipline; 42.2% op margins, up YoY. Fee compression headwind, but operating leverage may boost margins. Share price & AUM historically correlated; convergence likely. Diverse products advantage in changing landscape.

Read full article (1 min)