Sen. Shelley Moore Capito Sells BlackRock (NYSE:BLK) Shares

Senator Shelley Moore Capito (Republican-West Virginia) recently sold shares of BlackRock (NYSE:BLK). In a filing disclosed on March 04th, the Senator disclosed that they had sold between $1,001 and $15,000 in BlackRock stock on February 10th.

Senator Shelley Moore Capito also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Illinois Tool Works (NYSE:ITW) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Paychex (NASDAQ:PAYX) on 2/20/2026.
• Sold $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 2/10/2026.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 2/9/2026.
• Sold $1,001 – $15,000 in shares of Starbucks (NASDAQ:SBUX) on 1/28/2026.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 12/16/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 12/16/2025.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/16/2025.
• Sold $1,001 – $15,000 in shares of Kellanova (NYSE:K) on 12/11/2025.

BlackRock Price Performance

BlackRock stock opened at $953.67 on Friday. The business’s 50-day simple moving average is $1,089.21 and its 200 day simple moving average is $1,099.40. The company has a quick ratio of 2.98, a current ratio of 2.98 and a debt-to-equity ratio of 0.37. The stock has a market cap of $148.33 billion, a price-to-earnings ratio of 26.92, a P/E/G ratio of 1.30 and a beta of 1.48. BlackRock has a 12-month low of $773.74 and a 12-month high of $1,219.94.

BlackRock (NYSE:BLK) last issued its earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $12.55 by $0.61. BlackRock had a net margin of 22.93% and a return on equity of 14.78%. The company had revenue of $7.01 billion for the quarter, compared to analyst estimates of $6.80 billion. During the same quarter last year, the firm earned $11.93 EPS. The company’s revenue for the quarter was up 23.4% on a year-over-year basis. As a group, research analysts anticipate that BlackRock will post 47.41 earnings per share for the current year.

BlackRock Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Friday, March 6th will be given a dividend of $5.73 per share. The ex-dividend date is Friday, March 6th. This is an increase from BlackRock’s previous quarterly dividend of $5.21. This represents a $22.92 dividend on an annualized basis and a dividend yield of 2.4%. BlackRock’s dividend payout ratio is presently 58.84%.

Analysts Set New Price Targets

A number of analysts have commented on the stock. CICC Research lifted their target price on shares of BlackRock from $1,000.00 to $1,250.00 in a report on Tuesday, February 3rd. Weiss Ratings restated a “buy (b-)” rating on shares of BlackRock in a research report on Monday, December 29th. Wall Street Zen raised BlackRock from a “sell” rating to a “hold” rating in a research note on Saturday, January 17th. BNP Paribas Exane upped their price objective on BlackRock from $1,290.00 to $1,300.00 and gave the company an “outperform” rating in a report on Thursday, January 15th. Finally, Bank of America increased their target price on BlackRock from $1,456.00 to $1,464.00 in a research note on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,308.89.

Institutional Investors Weigh In On BlackRock

Large investors have recently made changes to their positions in the stock. Magellan Asset Management Ltd boosted its stake in BlackRock by 14.3% in the 2nd quarter. Magellan Asset Management Ltd now owns 72 shares of the asset manager’s stock worth $76,000 after purchasing an additional 9 shares during the period. FAS Wealth Partners Inc. lifted its holdings in shares of BlackRock by 1.1% in the second quarter. FAS Wealth Partners Inc. now owns 817 shares of the asset manager’s stock valued at $857,000 after purchasing an additional 9 shares in the last quarter. First Financial Bank Trust Division boosted its position in shares of BlackRock by 0.5% during the third quarter. First Financial Bank Trust Division now owns 1,794 shares of the asset manager’s stock worth $2,092,000 after buying an additional 9 shares during the period. HM Payson & Co. raised its position in BlackRock by 0.6% in the 3rd quarter. HM Payson & Co. now owns 1,444 shares of the asset manager’s stock valued at $1,683,000 after buying an additional 9 shares during the last quarter. Finally, PUREfi Wealth LLC lifted its stake in BlackRock by 2.0% in the 3rd quarter. PUREfi Wealth LLC now owns 460 shares of the asset manager’s stock valued at $536,000 after acquiring an additional 9 shares in the last quarter. Institutional investors own 80.69% of the company’s stock.

Key BlackRock News

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock is expanding its iShares iBonds ETF franchise — nine new defined‑maturity bond ETFs across Treasuries, TIPS, corporates, high yield and muni markets — which supports fee growth and ETF distribution strength. BlackRock Announces Plans to Expand iBonds ETF Franchise
• Positive Sentiment: BlackRock launched the iShares Broad USD Floating Rate Loan ETF (USLN), opening index‑based access to the $1.4T leveraged‑loan market — a distribution/growth opportunity for its ETF business. BlackRock Launches USLN ETF
• Positive Sentiment: Institutional adoption of BlackRock’s Aladdin Wealth continues: Intesa Sanpaolo will extend use of Aladdin Wealth for its international banks unit, supporting recurring technology revenue. Intesa Sanpaolo to adopt BlackRock’s Aladdin Wealth
• Neutral Sentiment: Regulatory disclosure: BlackRock disclosed its stake in Finland’s Orion Corp lifted above 5%, a routine holdings disclosure with little immediate impact on BLK’s fundamentals. Orion Corporation disclosure
• Negative Sentiment: Market shock: BlackRock capped withdrawals from a $26B private‑credit vehicle after redemption requests exceeded the periodic limit, prompting a broad selloff in BLK and peers as investors reassess liquidity risk in private credit. Forbes: BlackRock Shares Tumble After Limits
• Negative Sentiment: Credit stress: Reporting says BlackRock took a $25M loan write‑off and faced roughly $1.2B in redemption requests tied to private credit, underscoring valuation and liquidity risks in opaque private loan portfolios. Blockonomi: Loan Write-Off & Redemptions
• Negative Sentiment: Contagion risk: The move put alternative asset managers (Blackstone, Apollo, KKR, Ares, Blue Owl) under scrutiny as investors test redemption mechanics across private‑credit and alternative strategies. Benzinga: Peers Under Watch
• Negative Sentiment: Analyst reaction: Evercore trimmed its price target modestly, reflecting near‑term caution after the private‑credit developments. Analyst downgrades/target cuts could add selling pressure if more follow. MarketScreener: Evercore Adjusts Price Target

Insider Buying and Selling at BlackRock

In other news, CFO Martin Small sold 27,047 shares of the business’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $1,171.14, for a total value of $31,675,823.58. Following the sale, the chief financial officer owned 10,557 shares of the company’s stock, valued at $12,363,724.98. The trade was a 71.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Stephen Cohen sold 225 shares of BlackRock stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $1,069.56, for a total transaction of $240,651.00. Following the completion of the sale, the director owned 5,661 shares in the company, valued at $6,054,779.16. The trade was a 3.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 111,319 shares of company stock valued at $123,999,249 over the last ninety days. 1.98% of the stock is currently owned by company insiders.

About Senator Capito

Shelley Moore Capito (Republican Party) is a member of the U.S. Senate from West Virginia. She assumed office on January 3, 2015. Her current term ends on January 3, 2027. Capito (Republican Party) ran for re-election to the U.S. Senate to represent West Virginia. She won in the general election on November 3, 2020. Capito was first elected to the Senate in 2014, becoming the first female U.S. Senator in the state’s history. Prior to serving in the Senate, Capito was a member of the West Virginia House of Representatives from 1997 to 2001 and a member of the United States House of Representatives from 2001 to 2015. At the start of the 116th Congress, Capito was a member of the U.S. Senate committees on Appropriations, Commerce, Science, and Transportation, Environment and Public Works, and Rules and Administration. As of a 2014 analysis of multiple outside rankings, Capito is a more moderate right of center Republican Party vote. As a result, she may break with the Republican Party line more than her fellow members. Capito earned her bachelor’s degree from Duke University. After earning her M.Ed. from the University of Virginia, Capito was a college counselor and then director of an educational information center. She was the only Republican in the West Virginia congressional delegation until the 2010 elections and is the first Republican woman elected to Congress from West Virginia. Capito is a former chairwoman of the Congressional Caucus for Women’s Issues, as well as a member of the Congressional Arts Caucus. After an explosion responsible for the death of 29 coal workers, Capito founded the Congressional Coal Caucus. Prior to her election to the U.S. House, Capito served in the West Virginia House of Delegates.

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.