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 1.4%
NYSE BLK opened at $1,147.45 on Wednesday. The business has a fifty day moving average price of $1,043.69 and a two-hundred day moving average price of $1,041.62. The stock has a market capitalization of $177.84 billion, a PE ratio of 27.42, a PEG 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.
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. The ex-dividend date is Tuesday, September 8th. This represents a $22.92 annualized dividend and a yield of 2.0%. BlackRock’s dividend payout ratio is presently 54.78%.
Wall Street Analyst Weigh In
A number of research firms have issued reports on BLK. BNP Paribas Exane lifted their target price on BlackRock from $1,300.00 to $1,350.00 and gave the company an “outperform” rating in a research report on Tuesday, June 23rd. Evercore reissued an “outperform” rating and issued a $1,260.00 target price on shares of BlackRock in a report on Monday. The Goldman Sachs Group restated a “buy” rating and issued a $1,389.00 price target on shares of BlackRock in a research note on Thursday, July 16th. Weiss Ratings raised shares of BlackRock from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, July 23rd. Finally, Bank of America upped their price objective on shares of BlackRock from $1,298.00 to $1,320.00 and gave the stock a “buy” rating in a research report on Thursday, July 16th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, BlackRock presently has an average rating of “Buy” and an average price target of $1,311.06.
Read Our Latest Research Report on BLK
Institutional Trading of BlackRock
Several hedge funds and other institutional investors have recently made changes to their positions in BLK. Vanguard Group Inc. raised its holdings in BlackRock by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 14,062,677 shares of the asset manager’s stock valued at $15,051,846,000 after buying an additional 221,123 shares during the last quarter. BlackRock Inc. bought a new stake in BlackRock during the 2nd quarter worth approximately $9,747,857,000. State Street Corp increased its position in BlackRock by 0.5% in the 4th quarter. State Street Corp now owns 6,264,545 shares of the asset manager’s stock valued at $6,705,193,000 after acquiring an additional 33,752 shares during the period. Corient Private Wealth LLC increased its position in BlackRock by 5,190.3% in the 4th quarter. Corient Private Wealth LLC now owns 5,490,422 shares of the asset manager’s stock valued at $5,876,618,000 after acquiring an additional 5,386,640 shares during the period. Finally, Temasek Holdings Private Ltd raised its stake in shares of BlackRock by 4.7% during the first quarter. Temasek Holdings Private Ltd now owns 5,330,492 shares of the asset manager’s stock valued at $5,126,387,000 after acquiring an additional 237,667 shares during the last quarter. 80.69% of the stock is currently owned by institutional investors.
BlackRock News Roundup
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.
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.
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