Rep. John McGuire Sells Off Shares of BlackRock (NYSE:BLK)

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 10th. 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 7/14/2026.

BlackRock Stock Up 1.1%

BLK opened at $1,161.57 on Thursday. The company has a market cap of $180.03 billion, a P/E ratio of 27.76, a P/E/G ratio of 1.29 and a beta of 1.42. BlackRock has a 12 month low of $917.39 and a 12 month high of $1,219.94. The business’s 50-day moving average price is $1,047.08 and its 200-day moving average price is $1,041.77. The company has a current ratio of 3.59, a quick ratio of 3.59 and a debt-to-equity ratio of 0.33.

BlackRock (NYSE:BLK) last posted its quarterly earnings results on Wednesday, July 15th. The asset manager reported $13.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.69 by $1.22. BlackRock had a return on equity of 14.90% and a net margin of 24.09%.The business had revenue of $7.08 billion for the quarter, compared to analyst estimates of $6.73 billion. During the same period last year, the company earned $12.05 EPS. BlackRock’s revenue for the quarter was up 30.6% compared to the same quarter last year. On average, equities analysts expect that BlackRock will post 55.63 EPS for the current year.

BlackRock Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th will be issued a $5.73 dividend. The ex-dividend date is Tuesday, September 8th. This represents a $22.92 annualized dividend and a dividend yield of 2.0%. BlackRock’s payout ratio is currently 54.78%.

Institutional Trading of BlackRock

Large investors have recently added to or reduced their stakes in the stock. First Bancorp Inc ME raised its holdings in shares of BlackRock by 2.9% during the fourth quarter. First Bancorp Inc ME now owns 321 shares of the asset manager’s stock valued at $344,000 after acquiring an additional 9 shares during the last quarter. Rather & Kittrell Inc. boosted its stake in shares of BlackRock by 2.1% in the fourth quarter. Rather & Kittrell Inc. now owns 430 shares of the asset manager’s stock worth $461,000 after acquiring an additional 9 shares during the last quarter. Oakworth Capital Inc. increased its position in shares of BlackRock by 1.2% during the fourth quarter. Oakworth Capital Inc. now owns 755 shares of the asset manager’s stock worth $808,000 after purchasing an additional 9 shares in the last quarter. Galvin Gaustad & Stein LLC raised its stake in BlackRock by 1.0% in the 4th quarter. Galvin Gaustad & Stein LLC now owns 1,031 shares of the asset manager’s stock valued at $1,104,000 after purchasing an additional 10 shares during the last quarter. Finally, Strid Group LLC raised its stake in BlackRock by 1.1% in the 4th quarter. Strid Group LLC now owns 949 shares of the asset manager’s stock valued at $1,016,000 after purchasing an additional 10 shares during the last quarter. Institutional investors own 80.69% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on BLK shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $1,258.00 target price on shares of BlackRock in a report on Thursday, July 16th. Weiss Ratings lowered shares of BlackRock from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday. Zacks Research raised shares of BlackRock from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Morgan Stanley boosted their price objective on shares of BlackRock from $1,383.00 to $1,488.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Finally, JPMorgan Chase & Co. raised shares of BlackRock from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $1,165.00 to $1,364.00 in a research note on Thursday, July 16th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $1,311.06.

More BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: AI infrastructure financing: BlackRock is among the investment firms partnering with NVIDIA to mobilize more than $500 billion in third-party capital for data centers, power generation and other AI infrastructure. The initiative could create substantial lending, asset-management and private-credit opportunities for BlackRock while expanding its role in a fast-growing investment theme. Nvidia partners with Apollo, BlackRock, and others on $500B AI financing push
• Positive Sentiment: Broader digital-asset distribution: BlackRock Canada launched an ETF combining stocks and Bitcoin, adding another product avenue for clients seeking regulated cryptocurrency exposure. Separately, the firm reduced the minimum for in-kind Bitcoin contributions to its IBIT ETF from $25 million to $1 million, potentially making tax-efficient conversions accessible to more institutional investors and supporting fund growth. BlackRock Canada Launches ETF That Combines Stocks And Bitcoin
• Positive Sentiment: Analyst support: BlackRock received a consensus “Buy” rating, reinforcing the constructive view following its earnings beat and strong revenue growth. BlackRock Receives Consensus Rating of Buy
• Neutral Sentiment: Competitive pressure in crypto ETFs: Goldman Sachs agreed to acquire NEOS for up to $2.25 billion, gaining Bitcoin and Ethereum ETF products. The deal could intensify competition with BlackRock’s cryptocurrency funds, particularly in income-oriented Bitcoin ETFs. Goldman Sachs Gains Bitcoin, Ethereum ETFs in $2.25B Deal
• Negative Sentiment: AI financing concerns: Critics, including Michael Burry, have called NVIDIA’s financing strategy a “Wall Street stunt” and compared the structure’s opaque private-credit risks with problems preceding the 2008 financial crisis. Such concerns could expose BlackRock to reputational, credit or regulatory risks if AI infrastructure assets underperform. The Perils of Wall Street’s Race to Pour Billions More Into AI
• Negative Sentiment: Legal overhang: The Rosen Law Firm announced an investigation into potential securities claims involving BlackRock mutual funds and allegations of misleading business information. The notice does not establish wrongdoing, but it adds a litigation headline for investors to monitor. BlackRock Investor News and Rosen Law Firm Investigation

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

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.