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

Representative John McGuire (Republican-Virginia) recently sold shares of BlackRock (NYSE:BLK). In a filing disclosed on July 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in BlackRock stock on July 7th. The trade occurred in the Representative’s “MERRILL LYNCH SEP IRA” account.

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

  • Purchased $1,001 – $15,000 in shares of SpaceX (NASDAQ:SPCX) on 6/15/2026.
  • Sold $1,001 – $15,000 in shares of Dell Technologies (NYSE:DELL) on 6/4/2026.
  • Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 6/4/2026.
  • Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 4/15/2026.
  • Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 4/15/2026.
  • Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 4/15/2026.

BlackRock Stock Performance

NYSE:BLK traded down $16.46 during mid-day trading on Monday, hitting $1,019.65. The company’s stock had a trading volume of 91,178 shares, compared to its average volume of 792,876. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.09 and a quick ratio of 4.09. The business’s fifty day moving average is $1,034.39 and its two-hundred day moving average is $1,043.73. BlackRock has a 1 year low of $917.39 and a 1 year high of $1,219.94. The stock has a market cap of $158.28 billion, a price-to-earnings ratio of 25.51, a PEG ratio of 1.25 and a beta of 1.43.

BlackRock (NYSE:BLKGet Free Report) last announced its earnings results on Tuesday, April 14th. The asset manager reported $12.53 earnings per share for the quarter, topping the consensus estimate of $12.40 by $0.13. BlackRock had a return on equity of 14.74% and a net margin of 24.40%.The business had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $6.56 billion. During the same period in the prior year, the company posted $9.64 EPS. The business’s quarterly revenue was up 27.0% on a year-over-year basis. Analysts anticipate that BlackRock will post 53.96 EPS for the current fiscal year.

BlackRock Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Friday, June 5th were issued a $5.73 dividend. This represents a $22.92 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Friday, June 5th. BlackRock’s dividend payout ratio is presently 57.53%.

Analyst Upgrades and Downgrades

BLK has been the topic of several research analyst reports. JPMorgan Chase & Co. cut their price objective on BlackRock from $1,269.00 to $1,128.00 and set a “neutral” rating on the stock in a report on Monday, April 13th. BNP Paribas Exane lifted their target price on BlackRock from $1,300.00 to $1,350.00 and gave the company an “outperform” rating in a research report on Tuesday, June 23rd. Evercore reissued an “outperform” rating and issued a $1,145.00 price objective on shares of BlackRock in a research note on Friday. Jefferies Financial Group dropped their price objective on shares of BlackRock from $1,351.00 to $1,199.00 and set a “buy” rating for the company in a report on Wednesday, April 8th. Finally, Weiss Ratings raised shares of BlackRock from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,273.33.

Read Our Latest Research Report on BlackRock

Institutional Trading of BlackRock

A number of institutional investors have recently bought and sold shares of BLK. Tema ETFs LLC lifted its stake in BlackRock by 7.6% during the second quarter. Tema ETFs LLC now owns 2,570 shares of the asset manager’s stock worth $2,471,000 after purchasing an additional 182 shares during the last quarter. Fiduciary Financial Group LLC lifted its position in shares of BlackRock by 16.4% during the 2nd quarter. Fiduciary Financial Group LLC now owns 405 shares of the asset manager’s stock worth $389,000 after buying an additional 57 shares during the last quarter. E. Ohman J or Asset Management AB lifted its position in shares of BlackRock by 17.5% during the 2nd quarter. E. Ohman J or Asset Management AB now owns 42,612 shares of the asset manager’s stock worth $40,974,000 after buying an additional 6,361 shares during the last quarter. Orrstown Financial Services Inc. lifted its position in BlackRock by 2.6% in the second quarter. Orrstown Financial Services Inc. now owns 509 shares of the asset manager’s stock valued at $489,000 after acquiring an additional 13 shares during the last quarter. Finally, KMG Fiduciary Partners LLC boosted its stake in BlackRock by 2.0% in the second quarter. KMG Fiduciary Partners LLC now owns 9,165 shares of the asset manager’s stock valued at $8,812,000 after acquiring an additional 183 shares in the last quarter. 80.69% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about BlackRock

Here are the key news stories impacting BlackRock this week:

Insider Buying and Selling at BlackRock

In related news, CEO Laurence Fink sold 33,900 shares of the stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $1,050.55, for a total transaction of $35,613,645.00. Following the completion of the sale, the chief executive officer owned 230,516 shares in the company, valued at $242,168,583.80. This represents a 12.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, President Robert Kapito sold 8,739 shares of the business’s stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $1,056.60, for a total value of $9,233,627.40. Following the completion of the transaction, the president owned 210,186 shares in the company, valued at $222,082,527.60. This trade represents a 3.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.92% of the stock is owned by corporate insiders.

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.

BlackRock Company Profile

(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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