EARNEST Partners Holds 1.8M Moog Class A Shares
Ticker: MOG-B · Form: SC 13G/A · Filed: Feb 12, 2024 · CIK: 67887
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, equity-stake
TL;DR
**EARNEST Partners still holds 1.8M Moog Class A shares, signaling continued institutional interest.**
AI Summary
EARNEST Partners, LLC, an investment advisor based in Delaware, filed an amended Schedule 13G/A on February 12, 2024, indicating its ownership of 1,802,935 shares of Moog Inc.'s Class A Common Stock as of December 31, 2023. This represents a significant stake, giving EARNEST Partners sole voting power over these shares. This matters to investors because it shows a major institutional investor's continued confidence (or lack thereof, depending on previous filings) in Moog Inc., potentially influencing market perception and stock stability.
Why It Matters
This filing reveals a major institutional investor's current stake in Moog Inc., which can signal confidence or a change in investment strategy, potentially impacting the stock's perceived value.
Risk Assessment
Risk Level: low — This filing is a routine update on institutional ownership and does not inherently introduce new risks to the company or its investors.
Analyst Insight
Investors should monitor future 13G/A filings from EARNEST Partners, LLC to track any changes in their ownership percentage, as a significant increase or decrease could signal a shift in institutional sentiment towards Moog Inc.
Key Numbers
- 1,802,935 — Shares Beneficially Owned (Represents the sole voting power of EARNEST Partners, LLC in Moog Inc. Class A Common Stock.)
- 615394202 — CUSIP Number (Unique identifier for Moog Inc. Class A Common Stock.)
- February 12, 2024 — Filing Date (The date the SC 13G/A amendment was filed with the SEC.)
- December 31, 2023 — Reporting Period End Date (The date as of which the ownership information is reported.)
Key Players & Entities
- EARNEST Partners, LLC (company) — the reporting person and institutional investor
- MOOG INC. (company) — the issuer of the securities
- Delaware (company) — place of organization for EARNEST Partners, LLC
- 1,802,935 (dollar_amount) — number of shares beneficially owned with sole voting power
- December 31, 2023 (date) — date of event requiring the filing
Forward-Looking Statements
- EARNEST Partners, LLC will maintain a significant stake in Moog Inc. for the foreseeable future. (EARNEST Partners, LLC) — medium confidence, target: Q4 2024
FAQ
What type of securities does EARNEST Partners, LLC own in Moog Inc.?
EARNEST Partners, LLC owns Class A Common Stock of Moog Inc., as stated under 'Title of Class of Securities' in the filing.
What is the CUSIP number for the securities held by EARNEST Partners, LLC?
The CUSIP number for the Class A Common Stock of Moog Inc. is 615394202, as listed in the filing.
When was the event that required this Schedule 13G/A filing?
The date of the event which required the filing of this statement was December 31, 2023, as indicated in the filing.
What is the sole voting power of EARNEST Partners, LLC regarding Moog Inc. shares?
EARNEST Partners, LLC has sole voting power over 1,802,935 shares, as reported in Item 5 of the Schedule 13G/A.
What is the place of organization for EARNEST Partners, LLC?
EARNEST Partners, LLC is organized in Delaware, as stated in Item 4 of the Schedule 13G/A.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 12, 2024 regarding MOOG INC. (MOG-B).