Sen. Shelley Moore Capito Sells BlackRock (NYSE:BLK) Stock

Senator Shelley Moore Capito (Republican-West Virginia) recently sold shares of BlackRock (NYSE:BLK). In a filing disclosed on March 04th, the Senator disclosed that they had sold between $1,001 and $15,000 in BlackRock stock on February 10th.

Senator Shelley Moore Capito also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Illinois Tool Works (NYSE:ITW) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Paychex (NASDAQ:PAYX) on 2/20/2026.
• Sold $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 2/10/2026.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 2/9/2026.
• Sold $1,001 – $15,000 in shares of Starbucks (NASDAQ:SBUX) on 1/28/2026.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 12/16/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 12/16/2025.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/16/2025.
• Sold $1,001 – $15,000 in shares of Kellanova (NYSE:K) on 12/11/2025.

BlackRock Stock Performance

NYSE:BLK opened at $1,049.46 on Thursday. The stock’s 50 day simple moving average is $1,093.04 and its two-hundred day simple moving average is $1,101.15. BlackRock has a 1 year low of $773.74 and a 1 year high of $1,219.94. The company has a market cap of $162.82 billion, a price-to-earnings ratio of 29.63, a PEG ratio of 1.32 and a beta of 1.48. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.98 and a quick ratio of 2.98.

BlackRock (NYSE:BLK) last released its quarterly earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $12.55 by $0.61. The company had revenue of $7.01 billion for the quarter, compared to the consensus estimate of $6.80 billion. BlackRock had a net margin of 22.93% and a return on equity of 14.78%. BlackRock’s revenue was up 23.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $11.93 earnings per share. As a group, equities analysts anticipate that BlackRock will post 47.41 earnings per share for the current fiscal year.

BlackRock Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Friday, March 6th will be issued a dividend of $5.73 per share. The ex-dividend date is Friday, March 6th. This represents a $22.92 annualized dividend and a yield of 2.2%. This is a boost from BlackRock’s previous quarterly dividend of $5.21. BlackRock’s dividend payout ratio (DPR) is 58.84%.

BlackRock News Summary

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: BlackRock-led consortium to buy AES for $33.4B — BLK’s Global Infrastructure Partners is co-leading a large take-private of AES, a move that highlights BlackRock’s scale in fee-generating infrastructure deals and could support future fundraising and performance fees. BlackRock, EQT-led group to buy AES in $33.4-billion deal
• Positive Sentiment: New ETF expands product set — BlackRock launched the iShares Broad USD Floating Rate Loan ETF (USLN), giving index-based access to the $1.4T U.S. leveraged loan market; new ETF launches can drive incremental AUM and fees if they attract flows. BlackRock Expands Access to U.S. Leveraged Loan Market with Index ETF
• Positive Sentiment: Spot Bitcoin ETF inflows into IBIT — BlackRock’s IBIT posted meaningful daily inflows that helped offset outflows elsewhere in the Bitcoin ETF complex, underscoring investor demand for BlackRock’s crypto product and supporting ETF fee growth. US spot Bitcoin ETFs add $225M as BlackRock’s IBIT offsets redemptions
• Neutral Sentiment: BlackRock disclosed a >10%/11.56% stake in Qiagen — a sizable active holding that suggests opportunistic portfolio positioning but has limited direct impact on BLK’s earnings; watchers should note activist-style stakes can be resourced-intensive. BlackRock Lifts Stake in Qiagen to Over 10% of Capital
• Neutral Sentiment: Target-date funds are shifting to higher risk in mid-career — BlackRock says boosting equity risk between ages 45–60 could raise retirement outcomes; long-term product changes can influence flows over time but are not an immediate earnings driver. BlackRock’s target-date funds are about to get riskier. Here’s what you need to know.
• Neutral Sentiment: Portfolio reshuffle in energy/infrastructure — reports note BlackRock’s GIP led the AES bid while exiting Naturgy positions, signaling active repositioning that could improve returns but also implies transaction-related costs and capital redeployment. BlackRock Reshapes Power Exposure With AES Buyout And Naturgy Exit
• Negative Sentiment: Analyst downgrade from Keefe, Bruyette & Woods — KBW cut BLK from “moderate buy” to “moderate sell,” which can pressure sentiment and trigger short-term selling by institutional investors. Zacks — KBW Downgrade Note
• Negative Sentiment: Sector and macro weakness — financial stocks retreated and rising Treasury yields/Geopolitical risk (Iran tensions) are weighing on asset managers broadly by pressuring markets and potential AUM growth. Market-driven flow risk is a key short-term headwind for BLK. Sector Update: Financial Stocks Retreat Late Afternoon

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. JPMorgan Chase & Co. upped their price target on shares of BlackRock from $1,244.00 to $1,267.00 and gave the stock a “neutral” rating in a report on Friday, January 9th. Weiss Ratings reissued a “buy (b-)” rating on shares of BlackRock in a research report on Monday, December 29th. Morgan Stanley upped their target price on shares of BlackRock from $1,514.00 to $1,550.00 and gave the stock an “overweight” rating in a research note on Friday, January 16th. Barclays raised their target price on shares of BlackRock from $1,300.00 to $1,350.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $1,313.00 price target on shares of BlackRock in a report on Tuesday, December 9th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,311.11.

Insider Buying and Selling

In other BlackRock news, Director Stephen Cohen sold 2,179 shares of the company’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $1,073.87, for a total value of $2,339,962.73. Following the completion of the sale, the director directly owned 6,543 shares in the company, valued at $7,026,331.41. This represents a 24.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director J. Richard Kushel sold 20,000 shares of BlackRock stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $1,125.00, for a total value of $22,500,000.00. Following the transaction, the director owned 61,894 shares in the company, valued at approximately $69,630,750. This represents a 24.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 111,319 shares of company stock worth $123,999,249. 1.98% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Westerkirk Capital Inc. acquired a new position in BlackRock during the second quarter worth about $2,877,000. Police & Firemen s Retirement System of New Jersey lifted its stake in BlackRock by 7.9% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 23,167 shares of the asset manager’s stock worth $24,308,000 after purchasing an additional 1,693 shares in the last quarter. Investment Research & Advisory Group Inc. acquired a new position in shares of BlackRock during the 3rd quarter worth approximately $6,201,000. Lingohr Asset Management GmbH purchased a new stake in shares of BlackRock in the third quarter valued at approximately $700,000. Finally, California Public Employees Retirement System increased its holdings in shares of BlackRock by 8.2% in the second quarter. California Public Employees Retirement System now owns 256,937 shares of the asset manager’s stock valued at $269,591,000 after purchasing an additional 19,404 shares during the last quarter. 80.69% of the stock is currently owned by hedge funds and other institutional investors.

About Senator Capito

Shelley Moore Capito (Republican Party) is a member of the U.S. Senate from West Virginia. She assumed office on January 3, 2015. Her current term ends on January 3, 2027. Capito (Republican Party) ran for re-election to the U.S. Senate to represent West Virginia. She won in the general election on November 3, 2020. Capito was first elected to the Senate in 2014, becoming the first female U.S. Senator in the state’s history. Prior to serving in the Senate, Capito was a member of the West Virginia House of Representatives from 1997 to 2001 and a member of the United States House of Representatives from 2001 to 2015. At the start of the 116th Congress, Capito was a member of the U.S. Senate committees on Appropriations, Commerce, Science, and Transportation, Environment and Public Works, and Rules and Administration. As of a 2014 analysis of multiple outside rankings, Capito is a more moderate right of center Republican Party vote. As a result, she may break with the Republican Party line more than her fellow members. Capito earned her bachelor’s degree from Duke University. After earning her M.Ed. from the University of Virginia, Capito was a college counselor and then director of an educational information center. She was the only Republican in the West Virginia congressional delegation until the 2010 elections and is the first Republican woman elected to Congress from West Virginia. Capito is a former chairwoman of the Congressional Caucus for Women’s Issues, as well as a member of the Congressional Arts Caucus. After an explosion responsible for the death of 29 coal workers, Capito founded the Congressional Coal Caucus. Prior to her election to the U.S. House, Capito served in the West Virginia House of Delegates.

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.