BlackRock Amends DuPont Stake, Maintains Passive Investment
Ticker: DD · Form: SC 13G/A · Filed: Jan 26, 2024 · CIK: 1666700
| Field | Detail |
|---|---|
| Company | Dupont De Nemours, Inc. (DD) |
| Form Type | SC 13G/A |
| Filed Date | Jan 26, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, passive-investment, amendment, equity-stake
Related Tickers: DD
TL;DR
**BlackRock still owns a big chunk of DuPont, signaling stability.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 26, 2024, indicating its ownership of DuPont de Nemours, Inc. common stock as of December 31, 2023. This filing, Amendment No. 4, updates previous disclosures about BlackRock's passive investment in DuPont. For investors, this matters because BlackRock is a major institutional investor, and its continued significant, albeit passive, stake in DuPont signals a degree of confidence in the company's long-term prospects, potentially influencing other investors.
Why It Matters
This filing confirms BlackRock's ongoing substantial, passive ownership in DuPont, which can be seen as a vote of confidence from one of the world's largest asset managers.
Risk Assessment
Risk Level: low — This filing is a routine update from a passive institutional investor and does not indicate any immediate risks or significant changes in company control.
Analyst Insight
Investors should note BlackRock's continued passive stake as a sign of institutional stability, but this filing alone doesn't suggest any immediate buy/sell action.
Key Players & Entities
- BlackRock Inc. (company) — the entity filing the SC 13G/A, reporting its ownership in DuPont de Nemours, Inc.
- DuPont de Nemours, Inc. (company) — the subject company whose common stock is being reported on
- December 31, 2023 (date) — the date of the event which required the filing of this statement
- January 26, 2024 (date) — the date the SC 13G/A was filed
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and 'Amendment No: 4' in the filing.
Who is the 'Subject Company' in this filing?
The 'Subject Company' is DuPont de Nemours, Inc., as explicitly stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DuPont de Nemours, Inc.'.
Who is the 'Filed By' entity in this document?
The 'Filed By' entity is BlackRock Inc., as stated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.'.
What is the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' is December 31, 2023, as specified in the filing.
What is the CUSIP Number for the securities reported?
The CUSIP Number for the Common Stock of DuPont de Nemours, Inc. is 26614N102, as listed in the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 26, 2024 regarding DuPont de Nemours, Inc. (DD).