BlackRock Amends Tompkins Financial Stake (SC 13G/A)
Ticker: TMP · Form: SC 13G/A · Filed: Jan 23, 2024 · CIK: 1005817
| Field | Detail |
|---|---|
| Company | Tompkins Financial Corp (TMP) |
| Form Type | SC 13G/A |
| Filed Date | Jan 23, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock just updated its Tompkins Financial stake, watch for market reaction.**
AI Summary
BlackRock Inc. filed an amended Schedule 13G/A on January 23, 2024, indicating a change in its ownership of Tompkins Financial Corporation's Common Stock as of December 31, 2023. This amendment, number 14, updates BlackRock's previous disclosures regarding its passive investment in Tompkins Financial. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal shifts in its confidence or investment strategy regarding Tompkins Financial, potentially influencing other investors.
Why It Matters
This filing shows BlackRock, a major institutional investor, updated its ownership in Tompkins Financial, which can influence market perception and investor confidence in the stock.
Risk Assessment
Risk Level: low — This is a routine amendment by a passive institutional investor and does not indicate any immediate significant risk.
Analyst Insight
Investors should note BlackRock's continued passive interest in Tompkins Financial, but without specific share count changes, this filing primarily serves as an update to their existing position rather than a signal for immediate action.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- TOMPKINS FINANCIAL CORPORATION (company) — the issuer whose common stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 23, 2024 (date) — the filing date of the SC 13G/A
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 stated in the 'FORM TYPE: SC 13G/A' section and the title 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 14)'.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is BlackRock Inc., as indicated under the 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.' section.
What company's securities are the subject of this filing?
The securities of TOMPKINS FINANCIAL CORPORATION are the subject of this filing, as stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TOMPKINS FINANCIAL CORP' and 'Name of Issuer: TOMPKINS FINANCIAL CORPORATION'.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as specified in the 'Date of Event Which Requires Filing of this Statement' section.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), as indicated by the '[X] Rule 13d-1(b)' checkbox selection.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 23, 2024 regarding TOMPKINS FINANCIAL CORP (TMP).