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

Representative Lisa C. McClain (R-Michigan) recently sold shares of BlackRock (NYSE:BLK). In a filing disclosed on November 21st, the Representative disclosed that they had sold between $1,001 and $15,000 in BlackRock stock on October 14th. 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 Ciena (NYSE:CIEN) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Coherent (NYSE:COHR) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Clorox (NYSE:CLX) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Northern Trust (NASDAQ:NTRS) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Honda Motor (NYSE:HMC) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Home BancShares (NYSE:HOMB) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Five Below (NASDAQ:FIVE) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Pure Storage (NYSE:PSTG) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 10/31/2025.

BlackRock Trading Up 0.8%

BLK traded up $8.35 on Friday, hitting $1,048.41. The company had a trading volume of 300,277 shares, compared to its average volume of 714,839. The business’s fifty day simple moving average is $1,107.94 and its 200 day simple moving average is $1,080.93. The company has a quick ratio of 4.04, a current ratio of 4.04 and a debt-to-equity ratio of 0.39. BlackRock has a 12-month low of $773.74 and a 12-month high of $1,219.94. The company has a market cap of $162.66 billion, a PE ratio of 26.96, a PEG ratio of 1.90 and a beta of 1.48.

BlackRock (NYSE:BLKGet Free Report) last announced its quarterly earnings data on Tuesday, October 14th. The asset manager reported $11.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.78 by ($0.23). The firm had revenue of $6.51 billion during the quarter, compared to the consensus estimate of $6.22 billion. BlackRock had a return on equity of 15.36% and a net margin of 26.64%.The firm’s revenue for the quarter was up 25.2% on a year-over-year basis. During the same period in the previous year, the business earned $11.46 EPS. Equities research analysts expect that BlackRock will post 47.41 EPS for the current year.

BlackRock Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 23rd. Investors of record on Friday, December 5th will be issued a $5.21 dividend. The ex-dividend date of this dividend is Friday, December 5th. This represents a $20.84 dividend on an annualized basis and a dividend yield of 2.0%. BlackRock’s dividend payout ratio (DPR) is presently 53.59%.

Insiders Place Their Bets

In other BlackRock news, Director Rachel Lord sold 12,000 shares of the business’s stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $1,165.04, for a total transaction of $13,980,480.00. Following the sale, the director owned 7,205 shares of the company’s stock, valued at approximately $8,394,113.20. The trade was a 62.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.98% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of BLK. Brighton Jones LLC boosted its position in shares of BlackRock by 23.1% in the 4th quarter. Brighton Jones LLC now owns 1,575 shares of the asset manager’s stock worth $1,615,000 after purchasing an additional 296 shares in the last quarter. Bison Wealth LLC boosted its holdings in BlackRock by 1.6% in the fourth quarter. Bison Wealth LLC now owns 1,052 shares of the asset manager’s stock worth $1,078,000 after acquiring an additional 17 shares in the last quarter. Nemes Rush Group LLC purchased a new stake in shares of BlackRock during the first quarter worth about $208,000. Mutual of America Capital Management LLC acquired a new position in shares of BlackRock during the first quarter valued at about $16,026,000. Finally, AE Wealth Management LLC raised its position in shares of BlackRock by 17.0% in the 1st quarter. AE Wealth Management LLC now owns 1,532 shares of the asset manager’s stock valued at $1,450,000 after purchasing an additional 223 shares during the last quarter. Hedge funds and other institutional investors own 80.69% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on BLK shares. Bank of America upped their price target on shares of BlackRock from $1,394.00 to $1,456.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of BlackRock from $1,312.00 to $1,305.00 and set a “buy” rating on the stock in a research report on Friday, November 14th. Cowen reiterated a “buy” rating on shares of BlackRock in a report on Wednesday, October 15th. BNP Paribas Exane raised their price objective on BlackRock from $1,160.00 to $1,265.00 and gave the stock an “outperform” rating in a report on Thursday, October 9th. Finally, Argus upped their target price on BlackRock from $1,165.00 to $1,330.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. Seventeen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, BlackRock presently has an average rating of “Moderate Buy” and a consensus price target of $1,302.59.

Read Our Latest Stock Report on BLK

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

(Get Free Report)

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.

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