Professional
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
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.
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