Rep. Lisa C. McClain Buys BlackRock (NYSE:BLK) Shares

Representative Lisa C. McClain (R-Michigan) recently bought shares of BlackRock (NYSE:BLK). In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in BlackRock stock on July 16th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Autoliv (NYSE:ALV) on 8/4/2025.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 8/4/2025.
• Sold $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 8/4/2025.
• Sold $1,001 – $15,000 in shares of Arthur J. Gallagher & Co. (NYSE:AJG) on 8/4/2025.
• Sold $1,001 – $15,000 in shares of SAP (NYSE:SAP) on 7/22/2025.
• Purchased $1,001 – $15,000 in shares of XPO (NYSE:XPO) on 7/22/2025.
• Purchased $1,001 – $15,000 in shares of Lithia Motors (NYSE:LAD) on 7/22/2025.
• Sold $1,001 – $15,000 in shares of Sanofi (NASDAQ:SNY) on 7/22/2025.
• Sold $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 7/22/2025.
• Purchased $1,001 – $15,000 in shares of Group 1 Automotive (NYSE:GPI) on 7/22/2025.

BlackRock Stock Down 2.1%

NYSE:BLK opened at $1,135.88 on Monday. The firm has a market capitalization of $175.89 billion, a price-to-earnings ratio of 27.46, a PEG ratio of 2.28 and a beta of 1.42. BlackRock has a 1-year low of $773.74 and a 1-year high of $1,171.89. The company has a current ratio of 4.04, a quick ratio of 4.04 and a debt-to-equity ratio of 0.39. The business’s fifty day moving average price is $1,071.38 and its 200 day moving average price is $988.76.

BlackRock (NYSE:BLK) last issued its earnings results on Tuesday, July 15th. The asset manager reported $12.05 earnings per share for the quarter, topping the consensus estimate of $10.41 by $1.64. BlackRock had a return on equity of 15.53% and a net margin of 29.68%. The company had revenue of $5.42 billion for the quarter, compared to analyst estimates of $5.40 billion. During the same period in the prior year, the firm posted $10.36 EPS. The business’s revenue was up 12.9% compared to the same quarter last year. On average, sell-side analysts forecast that BlackRock will post 47.41 earnings per share for the current fiscal year.

BlackRock Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 23rd. Investors of record on Friday, September 5th will be given a dividend of $5.21 per share. This represents a $20.84 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Friday, September 5th. BlackRock’s payout ratio is presently 50.39%.

Analyst Ratings Changes

A number of brokerages have recently commented on BLK. Wall Street Zen raised BlackRock to a “hold” rating in a report on Saturday, May 24th. Wells Fargo & Company lowered their price objective on BlackRock from $1,180.00 to $1,170.00 and set an “overweight” rating on the stock in a report on Wednesday, July 16th. Jefferies Financial Group increased their price objective on BlackRock from $959.00 to $1,210.00 in a report on Thursday, July 10th. Bank of America increased their price objective on BlackRock from $1,214.00 to $1,224.00 and gave the company a “buy” rating in a report on Wednesday, July 16th. Finally, Barclays increased their target price on BlackRock from $990.00 to $1,220.00 and gave the company an “overweight” rating in a research note on Thursday, July 10th. Three equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,151.21.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Brighton Jones LLC lifted its holdings in shares of BlackRock by 23.1% in the fourth quarter. Brighton Jones LLC now owns 1,575 shares of the asset manager’s stock valued at $1,615,000 after purchasing an additional 296 shares in the last quarter. Covestor Ltd lifted its holdings in shares of BlackRock by 33.3% in the fourth quarter. Covestor Ltd now owns 64 shares of the asset manager’s stock valued at $66,000 after purchasing an additional 16 shares in the last quarter. Savvy Advisors Inc. lifted its holdings in shares of BlackRock by 10.8% in the fourth quarter. Savvy Advisors Inc. now owns 389 shares of the asset manager’s stock valued at $399,000 after purchasing an additional 38 shares in the last quarter. CreativeOne Wealth LLC bought a new stake in shares of BlackRock in the fourth quarter valued at about $742,000. Finally, LaSalle St. Investment Advisors LLC lifted its holdings in shares of BlackRock by 37.0% in the fourth quarter. LaSalle St. Investment Advisors LLC now owns 348 shares of the asset manager’s stock valued at $356,000 after purchasing an additional 94 shares in the last quarter. 80.69% of the stock is currently owned by institutional investors.

Insider Transactions at BlackRock

In other BlackRock news, Director Rachel Lord sold 18,036 shares of the business’s stock in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of $1,125.60, for a total transaction of $20,301,321.60. Following the transaction, the director owned 19,205 shares of the company’s stock, valued at $21,617,148. The trade was a 48.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Fabrizio Freda sold 4,434 shares of the business’s stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $1,122.81, for a total value of $4,978,539.54. Following the transaction, the director directly owned 3,506 shares in the company, valued at approximately $3,936,571.86. This trade represents a 55.84% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 66,494 shares of company stock valued at $74,694,573. 1.98% of the stock is currently owned by company insiders.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About BlackRock

BlackRock, Inc is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks.