BlackRock Hits Record AUM as Analysts Boost Price Target and Stock Gains

BlackRock, Inc. (NYSE:BLK) is one of the 12 Set-It-and-Forget-It Stocks to Buy Now.

The company reaches a new high in AUM, and it is followed by a positive monthly performance and a massive price target rise.

On July 15, 2025, BlackRock, Inc. (NYSE:BLK) reported a record high $12.53 trillion in assets under management (AUM) for the second quarter of 2025. With this figure, the company became the first asset manager to surpass $12 trillion in AUM. Subsequently, the company’s Adjusted EPS for the quarter reached a significant $12.05, surpassing the consensus estimate of $10.66 and achieving 16% growth in comparison to the quarter a year ago.

With the company’s monthly stock performance reaching a 3.95% uptick as of September 29, 2025, Citi raised BlackRock, Inc. (NYSE:BLK)’s price target significantly from $1,200 to $1,350, while reiterating the stock’s Buy rating.

BlackRock, Inc. (NYSE:BLK) holds a market cap of $188.72 billion, promising broad asset management exposure to potential investors interested in long-term, hands-off portfolio growth.

Founded in 1988, the New York-based company, BlackRock, Inc. (NYSE:BLK) is the world’s largest asset manager. It provides investment, risk management, and technology services, including the popular iShares exchange-traded funds, to clients across the world.

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