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

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 Price Performance

BlackRock stock opened at $1,147.45 on Wednesday. The company has a fifty day simple moving average of $1,043.69 and a 200-day simple moving average of $1,041.62. The firm has a market capitalization of $177.84 billion, a price-to-earnings ratio of 27.42, a PEG ratio of 1.27 and a beta of 1.42. The company has a quick ratio of 3.59, a current ratio of 3.59 and a debt-to-equity ratio of 0.33. BlackRock has a 52-week low of $917.39 and a 52-week high of $1,219.94.

BlackRock (NYSE:BLK) last announced its quarterly earnings data on Wednesday, July 15th. The asset manager reported $13.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $12.69 by $1.22. The company 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%. BlackRock’s revenue was up 30.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $12.05 EPS. On average, equities analysts anticipate that BlackRock will post 55.63 EPS for the current fiscal year.

BlackRock Announces Dividend

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%.

Analyst Upgrades and Downgrades

BLK has been the topic of several recent analyst reports. JPMorgan Chase & Co. upgraded shares of BlackRock from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $1,165.00 to $1,364.00 in a report on Thursday, July 16th. UBS Group increased their target price on shares of BlackRock from $1,270.00 to $1,320.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. Zacks Research raised shares of BlackRock from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. Bank of America raised 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. Finally, Weiss Ratings upgraded BlackRock from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, July 23rd. 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. According to data from MarketBeat.com, BlackRock currently has a consensus rating of “Buy” and an average price target of $1,311.06.

Key Stories 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

Institutional Trading of BlackRock

Hedge funds have recently modified their holdings of the stock. Legal & General Group Plc boosted its position in shares of BlackRock by 0.8% during the fourth quarter. Legal & General Group Plc now owns 920,578 shares of the asset manager’s stock worth $985,331,000 after buying an additional 7,457 shares during the period. Liberty One Investment Management LLC raised its stake in BlackRock by 30.7% during the 1st quarter. Liberty One Investment Management LLC now owns 4,861 shares of the asset manager’s stock valued at $4,675,000 after acquiring an additional 1,141 shares in the last quarter. TCV Trust & Wealth Management Inc. acquired a new position in BlackRock during the 4th quarter worth $20,279,000. Texas Yale Capital Corp. boosted its position in BlackRock by 32.2% during the 4th quarter. Texas Yale Capital Corp. now owns 5,764 shares of the asset manager’s stock worth $6,169,000 after acquiring an additional 1,405 shares during the period. Finally, Thrivent Financial for Lutherans increased its holdings in shares of BlackRock by 94.6% during the fourth quarter. Thrivent Financial for Lutherans now owns 26,828 shares of the asset manager’s stock valued at $28,720,000 after purchasing an additional 13,040 shares during the period. 80.69% of the stock is currently owned by institutional investors and hedge funds.

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.