State Street Corp Updates Passive Stake in Henry Schein Inc.
Ticker: HSIC · Form: SC 13G/A · Filed: Jan 25, 2024 · CIK: 1000228
| Field | Detail |
|---|---|
| Company | Henry Schein INC (HSIC) |
| Form Type | SC 13G/A |
| Filed Date | Jan 25, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**State Street still owns Henry Schein shares, signaling continued institutional confidence.**
AI Summary
State Street Corporation filed an amended Schedule 13G/A on January 25, 2024, indicating its ownership of Henry Schein Inc. common stock as of December 31, 2023. This filing updates their previous disclosure, confirming their continued passive investment in the dental and medical equipment supplier. This matters to investors as it shows a major institutional investor maintains a position, potentially signaling confidence in Henry Schein's long-term prospects.
Why It Matters
This filing confirms State Street Corporation's ongoing passive investment in Henry Schein, providing transparency into significant institutional ownership. It can influence investor sentiment and perception of the stock's stability.
Risk Assessment
Risk Level: low — This is a routine update from a passive institutional investor and does not indicate any immediate risk or significant change in company operations.
Analyst Insight
A smart investor would note that a major institution like State Street Corporation maintains a passive stake, suggesting no immediate red flags or aggressive moves. This filing is a routine update and doesn't warrant immediate action, but rather confirms existing institutional interest.
Key Players & Entities
- State Street Corporation (company) — the reporting person and institutional investor
- Henry Schein Inc. (company) — the subject company whose stock is being reported
- December 31, 2023 (date) — the date of the event which requires the filing
- January 25, 2024 (date) — the date the SC 13G/A filing was made
- 806407102 (number) — the CUSIP number for Henry Schein Inc. common stock
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, used by passive investors to report beneficial ownership of 5% or more of a company's stock.
Who is the 'Reporting Person' in this filing?
The 'Reporting Person' is STATE STREET CORPORATION, with an I.R.S. IDENTIFICATION NO. of 04-2456637.
What is the 'Subject Company' or 'Issuer' of the securities?
The 'Subject Company' or 'Issuer' is HENRY SCHEIN INC, identified by CIK 0001000228.
What is the 'Date of Event Which Requires Filing of This Statement'?
The 'Date of Event Which Requires Filing of This Statement' is 12/31/2023.
Under which rule is this Schedule 13G/A filed?
This Schedule 13G/A is filed under Rule 13D-1 (B) of the Securities Exchange Act of 1934.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 25, 2024 regarding HENRY SCHEIN INC (HSIC).