Wells Fargo & Company Cuts Blackrock Tcp Capital (NASDAQ:TCPC) Price Target to $3.50

Blackrock Tcp Capital (NASDAQ:TCPC) had its target price trimmed by Wells Fargo & Company from $5.50 to $3.50 in a report released on Monday morning,Benzinga reports. They currently have an underweight rating on the investment management company’s stock.

A number of other research analysts have also weighed in on TCPC. Wall Street Zen raised shares of Blackrock Tcp Capital from a “sell” rating to a “hold” rating in a research note on Sunday, November 2nd. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Blackrock Tcp Capital in a report on Monday, December 29th. Finally, Zacks Research lowered Blackrock Tcp Capital from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 4th. One analyst has rated the stock with a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Blackrock Tcp Capital presently has an average rating of “Strong Sell” and an average price target of $3.50.

Blackrock Tcp Capital Price Performance

Blackrock Tcp Capital stock opened at $4.13 on Monday. The stock has a 50-day moving average price of $5.13 and a two-hundred day moving average price of $5.80. Blackrock Tcp Capital has a 12 month low of $3.83 and a 12 month high of $8.36. The company has a current ratio of 17.66, a quick ratio of 14.55 and a debt-to-equity ratio of 1.73. The company has a market capitalization of $348.28 million, a PE ratio of -3.93 and a beta of 0.91.

Blackrock Tcp Capital (NASDAQ:TCPC) last released its quarterly earnings results on Friday, February 27th. The investment management company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.03). The company had revenue of $27.13 million during the quarter, compared to the consensus estimate of $46.99 million. Blackrock Tcp Capital had a negative net margin of 44.07% and a positive return on equity of 15.06%. Analysts expect that Blackrock Tcp Capital will post 1.65 EPS for the current year.

Blackrock Tcp Capital Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be issued a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 16.5%. The ex-dividend date is Tuesday, March 17th. Blackrock Tcp Capital’s dividend payout ratio (DPR) is presently -95.24%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Jones Financial Companies Lllp grew its position in shares of Blackrock Tcp Capital by 5,349.6% during the first quarter. Jones Financial Companies Lllp now owns 93,461 shares of the investment management company’s stock worth $749,000 after purchasing an additional 91,746 shares in the last quarter. Mission Wealth Management LP acquired a new position in shares of Blackrock Tcp Capital during the 2nd quarter worth about $114,000. Access Investment Management LLC acquired a new stake in shares of Blackrock Tcp Capital in the second quarter worth approximately $418,000. Next Capital Management LLC raised its position in shares of Blackrock Tcp Capital by 2,131.4% in the second quarter. Next Capital Management LLC now owns 1,134,826 shares of the investment management company’s stock valued at $8,738,000 after buying an additional 1,083,968 shares during the last quarter. Finally, Prospera Financial Services Inc purchased a new position in Blackrock Tcp Capital in the 2nd quarter worth approximately $115,000.

Key Blackrock Tcp Capital News

Here are the key news stories impacting Blackrock Tcp Capital this week:

• Neutral Sentiment: Short‑interest data are effectively meaningless: multiple reports show “0 shares” and NaN changes, implying no clear short‑squeeze signal. This likely reduces the chance of short covering being the primary reason for today’s move.
• Neutral Sentiment: Q4 2025 earnings call transcript posted (company results and tone remain the reference point for fundamentals; see transcript for management commentary). Q4 2025 Earnings Call Transcript
• Negative Sentiment: Multiple law firms have filed/issued notices of securities‑class actions alleging misconduct covering the period Nov 6, 2024–Jan 23, 2026; lead‑plaintiff deadline is April 6, 2026. These notices (Rosen, Furuqi & Furuqi, Levi & Korsinsky, Pomerantz, Bernstein Liebhard, The Gross Law Firm) increase legal and settlement risk and typically weigh on the stock.
  Rosen Notice
  Faruqi & Faruqi Notice
  Levi & Korsinsky Notice
  Pomerantz Notice
  Bernstein Liebhard Notice
  Gross Law Firm Notice
• Negative Sentiment: Analyst pressure: Wells Fargo cut its price target to $3.50, and Keefe, Bruyette & Woods reaffirmed an “underperform” rating and trimmed its target to $3.50 (from $7). These downgrades increase near‑term selling pressure and signal lower analyst expectations. Wells Fargo Price Target Cut Keefe Bruyette Coverage Note

About Blackrock Tcp Capital

BlackRock TCP Capital Corp is a publicly traded business development company (BDC) listed on the NASDAQ under the ticker TCPC. Externally managed by BlackRock, the firm provides customized financing solutions to U.S. middle-market companies, with a focus on sponsor-backed transactions. Its core strategy centers on delivering current income and capital appreciation through a diversified portfolio of debt and equity investments across a variety of sectors, including consumer products, healthcare, business services and industrials.

Since its initial public offering in 2013, BlackRock TCP Capital has partnered with private equity sponsors to underwrite and structure senior secured first-lien loans, second-lien loans, mezzanine debt and select equity co-investments.