BlackRock (NYSE:BLK) Shares Sold Off 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 Price Performance

Shares of BLK opened at $1,147.45 on Wednesday. The company has a market capitalization of $177.84 billion, a price-to-earnings ratio of 27.42, a P/E/G ratio of 1.27 and a beta of 1.42. BlackRock has a fifty-two week low of $917.39 and a fifty-two week high of $1,219.94. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.59 and a quick ratio of 3.59. The business’s 50-day moving average is $1,043.69 and its 200-day moving average is $1,041.62.

BlackRock (NYSE:BLK) 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. The business had revenue of $7.08 billion during the quarter, compared to analysts’ expectations of $6.73 billion. BlackRock had a net margin of 24.09% and a return on equity of 14.90%. The firm’s quarterly revenue was up 30.6% compared to the same quarter last year. During the same period last year, the company posted $12.05 earnings per share. Equities research analysts expect that BlackRock will post 55.63 EPS for the current fiscal year.

BlackRock Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be paid a dividend of $5.73 per share. This represents a $22.92 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, September 8th. BlackRock’s payout ratio is 54.78%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Evolution Wealth Management Inc. acquired a new position in BlackRock during the fourth quarter worth $26,000. RMG Wealth Management LLC acquired a new stake in shares of BlackRock in the first quarter worth about $25,000. Addison Advisors LLC bought a new stake in shares of BlackRock during the 2nd quarter worth about $25,000. Birchbrook Inc. bought a new stake in shares of BlackRock during the 4th quarter worth about $31,000. Finally, Basepoint Wealth LLC acquired a new position in shares of BlackRock during the 4th quarter valued at about $32,000. Institutional investors and hedge funds 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 partnering with Nvidia and other major financial institutions to create financing platforms intended to mobilize more than $500 billion in third-party capital for AI data centers, power generation, and computing infrastructure. The initiative could expand BlackRock’s infrastructure investment and private-credit revenue opportunities. Nvidia partners with Apollo, BlackRock, and others on $500B AI financing push
• Positive Sentiment: BlackRock lowered the minimum in-kind conversion size for its iShares Bitcoin Trust, IBIT, from $25 million to $1 million. The change may broaden institutional access to the ETF’s creation and redemption mechanism, potentially improving liquidity and product appeal. BlackRock Cuts IBIT In-Kind Conversion Minimum To $1M
• Positive Sentiment: IBIT led approximately $854 million of Bitcoin ETF inflows over five days, indicating renewed institutional demand and supporting fee potential for BlackRock’s digital-assets business. BlackRock Canada also launched IBQT, an ETF portfolio allocating 3% to Bitcoin alongside diversified global equities. BlackRock launches two Canada ETFs, with one allocating 3% to Bitcoin
• Neutral Sentiment: BlackRock signed an agreement with North America’s Building Trades Unions to support workforce development and supply-chain resilience for AI and energy infrastructure projects. The partnership may help address labor and execution challenges, but its direct financial impact is unclear. NABTU, BlackRock, and AI Infrastructure Partnership Launch Strategic Collaboration
• Negative Sentiment: The Rosen Law Firm said it is investigating potential securities claims involving BlackRock mutual funds, based on allegations that investors received materially misleading business information. The announcement is only an investigation, not a finding of wrongdoing, but it introduces litigation and reputational risk. BlackRock Investor News: Rosen Law Firm Investigation
• Negative Sentiment: Commentary surrounding the Nvidia financing plan warns that aggressive lending against AI infrastructure and chip demand could expose participating financial firms to concentration, valuation, and credit risks. The Perils of Wall St.’s Race to Pour Billions More Into A.I.

Analysts Set New Price Targets

A number of brokerages have issued reports on BLK. Zacks Research raised shares of BlackRock from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. Weiss Ratings upgraded BlackRock from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, July 23rd. Bank of America lifted their price objective on BlackRock from $1,298.00 to $1,320.00 and gave the company a “buy” rating in a research report on Thursday, July 16th. The Goldman Sachs Group restated a “buy” rating and issued a $1,389.00 target price on shares of BlackRock in a research note on Thursday, July 16th. Finally, JPMorgan Chase & Co. raised BlackRock from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $1,165.00 to $1,364.00 in a research report on Thursday, July 16th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $1,311.06.

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.