Rep. Val T. Hoyle Sells Off Shares of BlackRock (NYSE:BLK)

Key Points

• Representative Val T. Hoyle sold shares of BlackRock (NYSE:BLK) valued between $1,001 and $15,000 on September 23rd, 2025, as disclosed in a filing on October 10th.
• BlackRock reported $12.05 earnings per share for the last quarter, exceeding analysts' expectations and marking a 12.9% increase in revenue compared to the previous year.
• The firm recently declared a quarterly dividend of $5.21 per share, with an annualized yield of 1.8% and a payout ratio of 50.39%.

Representative Val T. Hoyle (D-Oregon) recently sold shares of BlackRock NYSE: BLK. In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in BlackRock stock on September 23rd. The trade occurred in the Representative's "FIDELITY ROLLOVER IRA" account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Marriott International NASDAQ: MAR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Transdigm Group NYSE: TDG on 9/23/2025.
• Sold $1,001 - $15,000 in shares of H&R Block NYSE: HRB on 9/23/2025.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Bank of New York Mellon NYSE: BK on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Pentair NYSE: PNR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Heico NYSE: HEI.A on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Target NYSE: TGT on 9/23/2025.

BlackRock Trading Down 3.0%

Shares of BLK stock opened at $1,132.12 on Friday. The company's fifty day simple moving average is $1,134.85 and its two-hundred day simple moving average is $1,034.64. The company has a debt-to-equity ratio of 0.39, a current ratio of 4.04 and a quick ratio of 4.04. BlackRock has a 1 year low of $773.74 and a 1 year high of $1,184.13. The stock has a market capitalization of $175.31 billion, a price-to-earnings ratio of 27.37, a PEG ratio of 2.22 and a beta of 1.45.

BlackRock (NYSE:BLK - Get Free Report) last issued its earnings results on Tuesday, July 15th. The asset manager reported $12.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $10.41 by $1.64. BlackRock had a net margin of 29.68% and a return on equity of 15.53%. The business had revenue of $5.42 billion for the quarter, compared to analysts' expectations of $5.40 billion. During the same quarter in the previous year, the firm posted $10.36 EPS. The business's revenue for the quarter was up 12.9% compared to the same quarter last year. As a group, analysts anticipate that BlackRock will post 47.41 earnings per share for the current year.

BlackRock Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Friday, September 5th were issued a dividend of $5.21 per share. The ex-dividend date of this dividend was Friday, September 5th. This represents a $20.84 dividend on an annualized basis and a yield of 1.8%. BlackRock's payout ratio is presently 50.39%.

Insider Activity at BlackRock

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Sound Income Strategies LLC purchased a new position in BlackRock in the third quarter worth $95,000. Thomasville National Bank purchased a new position in BlackRock in the third quarter worth $206,000. Sarasin & Partners LLP grew its position in BlackRock by 2.0% in the third quarter. Sarasin & Partners LLP now owns 227,660 shares of the asset manager's stock worth $267,628,000 after acquiring an additional 4,419 shares in the last quarter. Sara Bay Financial purchased a new position in BlackRock in the third quarter worth $9,219,000. Finally, Orrstown Financial Services Inc. grew its position in BlackRock by 23.4% in the third quarter. Orrstown Financial Services Inc. now owns 417 shares of the asset manager's stock worth $486,000 after acquiring an additional 79 shares in the last quarter. 80.69% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on BLK. Zacks Research cut shares of BlackRock from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 14th. Barclays boosted their target price on shares of BlackRock from $1,210.00 to $1,310.00 and gave the company an "overweight" rating in a report on Wednesday. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of BlackRock in a report on Wednesday. Evercore ISI upped their price target on shares of BlackRock from $1,200.00 to $1,230.00 and gave the stock an "outperform" rating in a report on Thursday. Finally, Telsey Advisory Group reaffirmed an "outperform" rating on shares of BlackRock in a report on Tuesday, July 8th. One equities 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 stock. Based on data from MarketBeat, BlackRock currently has a consensus rating of "Moderate Buy" and a consensus target price of $1,258.56.

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon's 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon's 4th Congressional District. She declared candidacy for the 2026 election. Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

BlackRock Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.