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 Trading Up 1.1%
BlackRock stock opened at $1,161.57 on Thursday. The firm has a market cap of $180.03 billion, a price-to-earnings ratio of 27.76, a price-to-earnings-growth ratio of 1.29 and a beta of 1.42. BlackRock has a 1 year low of $917.39 and a 1 year high of $1,219.94. The firm’s 50 day moving average price is $1,047.08 and its two-hundred day moving average price is $1,041.77. The company has a debt-to-equity ratio of 0.33, a quick ratio of 3.59 and a current ratio of 3.59.
BlackRock Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be issued a dividend of $5.73 per share. This represents a $22.92 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Tuesday, September 8th. BlackRock’s dividend payout ratio (DPR) is presently 54.78%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the business. Legal & General Group Plc increased its stake in BlackRock by 0.8% in the fourth quarter. Legal & General Group Plc now owns 920,578 shares of the asset manager’s stock valued at $985,331,000 after purchasing an additional 7,457 shares in the last quarter. Liberty One Investment Management LLC raised its stake in BlackRock by 30.7% in 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 during the period. TCV Trust & Wealth Management Inc. acquired a new stake in shares of BlackRock during the fourth quarter worth $20,279,000. Texas Yale Capital Corp. lifted its position in BlackRock by 32.2% during the fourth quarter. Texas Yale Capital Corp. now owns 5,764 shares of the asset manager’s stock worth $6,169,000 after purchasing an additional 1,405 shares during the period. Finally, Thrivent Financial for Lutherans raised its stake in BlackRock by 94.6% during the fourth quarter. Thrivent Financial for Lutherans now owns 26,828 shares of the asset manager’s stock worth $28,720,000 after acquiring an additional 13,040 shares in the last quarter. Hedge funds and other 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: AI infrastructure financing: BlackRock is among the investment firms partnering with NVIDIA to mobilize more than $500 billion in third-party capital for data centers, power generation and other AI infrastructure. The initiative could create substantial lending, asset-management and private-credit opportunities for BlackRock while expanding its role in a fast-growing investment theme. Nvidia partners with Apollo, BlackRock, and others on $500B AI financing push
- Positive Sentiment: Broader digital-asset distribution: BlackRock Canada launched an ETF combining stocks and Bitcoin, adding another product avenue for clients seeking regulated cryptocurrency exposure. Separately, the firm reduced the minimum for in-kind Bitcoin contributions to its IBIT ETF from $25 million to $1 million, potentially making tax-efficient conversions accessible to more institutional investors and supporting fund growth. BlackRock Canada Launches ETF That Combines Stocks And Bitcoin
- Positive Sentiment: Analyst support: BlackRock received a consensus “Buy” rating, reinforcing the constructive view following its earnings beat and strong revenue growth. BlackRock Receives Consensus Rating of Buy
- Neutral Sentiment: Competitive pressure in crypto ETFs: Goldman Sachs agreed to acquire NEOS for up to $2.25 billion, gaining Bitcoin and Ethereum ETF products. The deal could intensify competition with BlackRock’s cryptocurrency funds, particularly in income-oriented Bitcoin ETFs. Goldman Sachs Gains Bitcoin, Ethereum ETFs in $2.25B Deal
- Negative Sentiment: AI financing concerns: Critics, including Michael Burry, have called NVIDIA’s financing strategy a “Wall Street stunt” and compared the structure’s opaque private-credit risks with problems preceding the 2008 financial crisis. Such concerns could expose BlackRock to reputational, credit or regulatory risks if AI infrastructure assets underperform. The Perils of Wall Street’s Race to Pour Billions More Into AI
- Negative Sentiment: Legal overhang: The Rosen Law Firm announced an investigation into potential securities claims involving BlackRock mutual funds and allegations of misleading business information. The notice does not establish wrongdoing, but it adds a litigation headline for investors to monitor. BlackRock Investor News and Rosen Law Firm Investigation
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on BLK shares. The Goldman Sachs Group reaffirmed a “buy” rating and set a $1,389.00 target price on shares of BlackRock in a report on Thursday, July 16th. JPMorgan Chase & Co. raised BlackRock from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $1,165.00 to $1,364.00 in a research note on Thursday, July 16th. BMO Capital Markets boosted their price objective on BlackRock from $1,250.00 to $1,300.00 and gave the stock an “outperform” rating in a report on Friday, July 17th. Morgan Stanley upped their price objective on shares of BlackRock from $1,383.00 to $1,488.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. Finally, Evercore reiterated an “outperform” rating and issued a $1,260.00 target price on shares of BlackRock in a report on Monday. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $1,311.06.
Read Our Latest Research Report on BLK
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
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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