BlackRock (NYSE:BLK) Stock Unloaded Rep. John McGuire

Representative John McGuire (Republican-Virginia) recently sold shares of BlackRock (NYSE:BLK). In a filing disclosed on August 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in BlackRock stock on July 14th. The trade occurred in the Representative’s “MERRILL LYNCH SEP IRA” account.

Representative John McGuire also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Palo Alto Networks (NASDAQ:PANW) on 7/31/2026.
  • Purchased $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 7/15/2026.
  • Sold $1,001 – $15,000 in shares of BlackRock (NYSE:BLK) on 7/10/2026.

BlackRock Stock Performance

Shares of BlackRock stock opened at $1,147.45 on Wednesday. The business has a 50-day simple moving average of $1,043.69 and a 200-day simple moving average of $1,041.62. The company has a debt-to-equity ratio of 0.33, a quick ratio of 3.59 and a current ratio of 3.59. BlackRock has a one year low of $917.39 and a one year high of $1,219.94. The company has a market cap of $177.84 billion, a PE ratio of 27.42, a P/E/G ratio of 1.27 and a beta of 1.42.

BlackRock (NYSE:BLKGet Free Report) last posted its quarterly earnings results on Wednesday, July 15th. The asset manager reported $13.91 EPS for the quarter, topping the consensus estimate of $12.69 by $1.22. BlackRock had a net margin of 24.09% and a return on equity of 14.90%. The company had revenue of $7.08 billion during the quarter, compared to analysts’ expectations of $6.73 billion. During the same quarter in the previous year, the business posted $12.05 EPS. The firm’s revenue was up 30.6% on a year-over-year basis. On average, equities research analysts forecast that BlackRock will post 55.63 EPS for the current fiscal year.

BlackRock Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be given a $5.73 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $22.92 dividend on an annualized basis and a yield of 2.0%. BlackRock’s dividend payout ratio (DPR) is currently 54.78%.

Key Headlines Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

  • Positive Sentiment: Expanded Bitcoin ETF offerings: BlackRock Canada launched the iShares Equity + Bitcoin ETF Portfolio, which combines diversified global equities with a 3% Bitcoin allocation. The product broadens BlackRock’s crypto-related distribution and could attract investors seeking a single diversified fund. BlackRock Canada Launches ETF That Combines Stocks And Bitcoin
  • Positive Sentiment: Lower barrier for institutional Bitcoin conversions: BlackRock reduced the minimum in-kind Bitcoin contribution for its iShares Bitcoin Trust (IBIT) from $25 million to $1 million. The change may expand participation, support fund inflows and make IBIT more attractive to large Bitcoin holders seeking a tax-deferred transfer. BlackRock Cuts IBIT In-Kind Conversion Minimum To $1M
  • Positive Sentiment: $500 billion AI infrastructure financing effort: BlackRock is partnering with Nvidia and other financial firms to mobilize more than $500 billion in third-party capital for AI data centers, power and computing infrastructure. The initiative could create new fee-generating investment products and strengthen BlackRock’s position in private infrastructure markets. Nvidia partners with Apollo, BlackRock, and others on $500B AI financing push
  • Positive Sentiment: Analyst support remains favorable: BlackRock received a consensus “Buy” rating, reinforcing the positive view following its latest quarterly results, in which revenue and earnings exceeded expectations. BlackRock Receives Consensus Rating of Buy
  • Neutral Sentiment: Portfolio repositioning: A disclosed reduction in BlackRock’s Nio stake affected Nio’s shares but does not directly change BlackRock’s earnings outlook. It may nevertheless draw attention to the firm’s investment positioning in electric vehicles. NIO Drops on Disclosed BlackRock Stake Cut
  • Negative Sentiment: Investor litigation solicitation: Rosen Law Firm said it is investigating potential securities claims involving BlackRock mutual funds and alleged misleading disclosures. The announcement is not proof of wrongdoing, but it introduces reputational and potential legal risks. BlackRock Investor News and Rosen Law Firm Investigation

Wall Street Analysts Forecast Growth

Several research analysts have commented on BLK shares. Bank of America lifted their price target on BlackRock from $1,298.00 to $1,320.00 and gave the stock a “buy” rating in a research report on Thursday, July 16th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $1,389.00 price objective on shares of BlackRock in a research note on Thursday, July 16th. UBS Group lifted their price objective on shares of BlackRock from $1,270.00 to $1,320.00 and gave the company a “buy” rating in a research report on Thursday, July 16th. Zacks Research upgraded BlackRock from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. Finally, JPMorgan Chase & Co. raised shares of BlackRock from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $1,165.00 to $1,364.00 in a research note on Thursday, July 16th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $1,311.06.

Read Our Latest Analysis on BlackRock

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new position in shares of BlackRock during the second quarter valued at $9,747,857,000. Corient Private Wealth LLC grew its position in BlackRock by 5,190.3% in the 4th quarter. Corient Private Wealth LLC now owns 5,490,422 shares of the asset manager’s stock valued at $5,876,618,000 after buying an additional 5,386,640 shares in the last quarter. Norges Bank acquired a new position in BlackRock during the 4th quarter valued at about $2,742,680,000. Oak Harvest Investment Services lifted its stake in shares of BlackRock by 12,176.1% in the 4th quarter. Oak Harvest Investment Services now owns 1,595,153 shares of the asset manager’s stock worth $1,707,356,000 after acquiring an additional 1,582,159 shares during the period. Finally, Auto Owners Insurance Co boosted its holdings in shares of BlackRock by 106,934.0% in the fourth quarter. Auto Owners Insurance Co now owns 1,284,408 shares of the asset manager’s stock valued at $128,441,000 after acquiring an additional 1,283,208 shares in the last quarter. Institutional investors and hedge funds own 80.69% of the company’s stock.

About Representative McGuire

John McGuire (Republican Party) is a member of the U.S. House, representing Virginia’s 5th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

McGuire (Republican Party) is running for re-election to the U.S. House to represent Virginia’s 5th Congressional District. He declared candidacy for the 2026 election.

John McGuire was born in Richmond, Virginia. McGuire graduated from Henrico High School. He served as a U.S. Navy Seal from 1988 to 1998. His professional experience includes founding SEAL Team Physical Training Inc.

About BlackRock

(Get Free Report)

BlackRock, Inc is a global investment management firm that provides a broad range of products and services to institutional, intermediary and individual investors. Its core activities include portfolio management across active and index strategies, exchange-traded funds (ETFs) under the iShares brand, fixed income, equity and multi-asset solutions, as well as alternatives such as private equity, real estate and infrastructure. The firm also offers cash management and liquidity solutions and retirement-focused products designed for defined contribution and defined benefit investors.

In addition to traditional investment management, BlackRock is known for its technology and risk management capabilities, most prominently its Aladdin platform, which combines portfolio management, trading and risk analytics and is used both internally and licensed to external clients.

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