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

Key Points

• Senator Shelley Moore Capito sold shares of BlackRock (NYSE:BLK) valued between $1,001 and $15,000 on August 4th, as disclosed in a recent filing.
• BlackRock's stock opened at $1,098.69 and has a market capitalization of $170.13 billion, with a reported EPS of $12.05 for the last quarter, surpassing analysts' expectations.
• The firm declared a quarterly dividend of $5.21 per share, set to be paid on September 23rd, representing an annualized yield of 1.9%.

Senator Shelley Moore Capito (R-West Virginia) recently sold shares of BlackRock NYSE: BLK. In a filing disclosed on September 03rd, the Senator disclosed that they had sold between $1,001 and $15,000 in BlackRock stock on August 4th.

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

• Purchased $1,001 - $15,000 in shares of Prologis NYSE: PLD on 8/1/2025.
• Purchased $1,001 - $15,000 in shares of Sherwin-Williams NYSE: SHW on 8/1/2025.
• Sold $1,001 - $15,000 in shares of General Dynamics NYSE: GD on 7/31/2025.
• Sold $1,001 - $15,000 in shares of Colgate-Palmolive NYSE: CL on 7/31/2025.
• Sold $1,001 - $15,000 in shares of PPG Industries NYSE: PPG on 7/31/2025.
• Sold $1,001 - $15,000 in shares of PPG Industries NYSE: PPG on 7/30/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 7/29/2025.
• Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 7/29/2025.
• Sold $1,001 - $15,000 in shares of Apple NASDAQ: AAPL on 7/18/2025.
• Sold $1,001 - $15,000 in shares of JPMorgan Chase & Co. NYSE: JPM on 7/18/2025.

BlackRock Stock Performance

Shares of NYSE:BLK traded down $9.55 during trading on Friday, hitting $1,099.21. The stock had a trading volume of 487,573 shares, compared to its average volume of 446,742. BlackRock has a 12-month low of $773.74 and a 12-month high of $1,171.89. The stock has a market capitalization of $170.21 billion, a price-to-earnings ratio of 26.58, a price-to-earnings-growth ratio of 2.10 and a beta of 1.45. The company has a quick ratio of 4.04, a current ratio of 4.04 and a debt-to-equity ratio of 0.39. The stock has a 50-day simple moving average of $1,110.95 and a two-hundred day simple moving average of $1,002.21.

BlackRock (NYSE:BLK - Get Free Report) last announced its quarterly earnings data on Tuesday, July 15th. The asset manager reported $12.05 earnings per share (EPS) 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 firm had revenue of $5.42 billion during the quarter, compared to analysts' expectations of $5.40 billion. During the same period last year, the business posted $10.36 earnings per share. The company's revenue for the quarter was up 12.9% compared to the same quarter last year. On average, equities research analysts expect that BlackRock will post 47.41 earnings per share for the current fiscal year.

BlackRock Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Friday, September 5th will be paid a $5.21 dividend. This represents a $20.84 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Friday, September 5th. BlackRock's dividend payout ratio (DPR) is presently 50.39%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on BLK shares. Wells Fargo & Company reduced their price target on BlackRock from $1,180.00 to $1,170.00 and set an "overweight" rating for the company in a research report on Wednesday, July 16th. Jefferies Financial Group boosted their price target on BlackRock from $959.00 to $1,210.00 in a report on Thursday, July 10th. Morgan Stanley decreased their price target on BlackRock from $1,247.00 to $1,224.00 and set an "overweight" rating for the company in a report on Wednesday, July 16th. Barclays boosted their price target on BlackRock from $990.00 to $1,220.00 and gave the company an "overweight" rating in a report on Thursday, July 10th. Finally, Keefe, Bruyette & Woods decreased their price target on BlackRock from $1,247.00 to $1,224.00 and set an "outperform" rating for the company in a report on Wednesday, July 16th. Twelve research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $1,154.07.

Insider Transactions at BlackRock

In other BlackRock news, Director Rachel Lord sold 18,036 shares of the business's stock in a transaction 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 approximately $21,617,148. The trade was a 48.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Laurence Fink sold 12,054 shares of the business's stock in a transaction on Friday, July 25th. The stock was sold at an average price of $1,125.43, for a total value of $13,565,933.22. Following the transaction, the chief executive officer directly owned 251,697 shares in the company, valued at $283,267,354.71. This trade represents a 4.57% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 66,494 shares of company stock valued at $74,694,573. Insiders own 1.98% of the company's stock.

Institutional Trading of BlackRock

A number of institutional investors have recently made changes to their positions in the company. SevenBridge Financial Group LLC boosted its stake in shares of BlackRock by 19.2% in the second quarter. SevenBridge Financial Group LLC now owns 3,192 shares of the asset manager's stock worth $3,702,000 after acquiring an additional 514 shares during the last quarter. Osaic Holdings Inc. boosted its stake in shares of BlackRock by 39.2% in the second quarter. Osaic Holdings Inc. now owns 42,861 shares of the asset manager's stock worth $44,122,000 after acquiring an additional 12,070 shares during the last quarter. American Trust boosted its stake in shares of BlackRock by 1.0% in the second quarter. American Trust now owns 2,691 shares of the asset manager's stock worth $2,824,000 after acquiring an additional 26 shares during the last quarter. Orion Porfolio Solutions LLC boosted its stake in shares of BlackRock by 11.2% in the second quarter. Orion Porfolio Solutions LLC now owns 14,825 shares of the asset manager's stock worth $15,555,000 after acquiring an additional 1,496 shares during the last quarter. Finally, Provident Investment Management Inc. acquired a new stake in shares of BlackRock in the second quarter worth approximately $59,931,000. 80.69% of the stock is owned by institutional investors and hedge funds.

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.

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.