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

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 Price Performance

BLK opened at $1,036.18 on Monday. BlackRock has a twelve month low of $917.39 and a twelve month high of $1,219.94. The firm has a market cap of $160.85 billion, a price-to-earnings ratio of 26.01, a PEG ratio of 1.25 and a beta of 1.43. The company has a current ratio of 4.09, a quick ratio of 4.09 and a debt-to-equity ratio of 0.34. The company has a fifty day simple moving average of $1,034.39 and a 200 day simple moving average of $1,043.73.

BlackRock (NYSE:BLKGet Free Report) last issued its quarterly earnings data on Tuesday, April 14th. The asset manager reported $12.53 EPS for the quarter, topping analysts’ consensus estimates of $12.40 by $0.13. The firm had revenue of $6.70 billion for the quarter, compared to analyst estimates of $6.56 billion. BlackRock had a net margin of 24.40% and a return on equity of 14.74%. The firm’s revenue was up 27.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $9.64 EPS. Equities research analysts expect that BlackRock will post 53.96 EPS for the current fiscal year.

BlackRock Dividend Announcement

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

Analyst Ratings Changes

A number of research analysts recently commented on the company. Jefferies Financial Group reduced their price target on BlackRock from $1,351.00 to $1,199.00 and set a “buy” rating for the company in a report on Wednesday, April 8th. JPMorgan Chase & Co. dropped 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. Barclays increased their target price on BlackRock from $1,310.00 to $1,340.00 and gave the company an “overweight” rating in a research note on Thursday. BMO Capital Markets raised their price target on shares of BlackRock from $1,200.00 to $1,250.00 and gave the stock an “outperform” rating in a research report on Monday, April 20th. Finally, Keefe, Bruyette & Woods upped their price target on shares of BlackRock from $1,240.00 to $1,275.00 and gave the company an “outperform” rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, BlackRock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,273.33.

View Our Latest Stock Report on BLK

Institutional Investors Weigh In On BlackRock

Several institutional investors and hedge funds have recently made changes to their positions in the company. RMG Wealth Management LLC bought a new stake in BlackRock during the first quarter valued at $25,000. Evolution Wealth Management Inc. acquired a new stake in BlackRock during the fourth quarter worth about $26,000. Birchbrook Inc. bought a new position in BlackRock in the fourth quarter worth about $31,000. LFA Lugano Financial Advisors SA bought a new position in BlackRock in the fourth quarter worth about $32,000. Finally, Basepoint Wealth LLC acquired a new position in BlackRock in the fourth quarter valued at approximately $32,000. 80.69% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

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

About BlackRock

(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.

Further Reading

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