BlackRock Amends Waters Corp. Stake, Maintains Significant Holding
Ticker: WAT · Form: SC 13G/A · Filed: Jan 24, 2024 · CIK: 1000697
| Field | Detail |
|---|---|
| Company | Waters Corp /De/ (WAT) |
| Form Type | SC 13G/A |
| Filed Date | Jan 24, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock still owns a lot of Waters Corp. stock, showing continued institutional confidence.**
AI Summary
BlackRock Inc. has updated its ownership stake in Waters Corporation (WATERS CORP /DE/) as of December 31, 2023, filing an Amendment No. 15 to its Schedule 13G. This filing indicates that BlackRock, a major institutional investor, continues to hold a significant position in Waters Corporation's Common Stock. For investors, this means a large, influential fund manager maintains confidence in Waters Corporation, which could be seen as a positive signal, but it also highlights that a substantial portion of the company's shares are held by institutional hands, potentially impacting liquidity and trading dynamics.
Why It Matters
This filing shows that BlackRock, a massive investment firm, still owns a big chunk of Waters Corporation, signaling their continued belief in the company's value. This can influence other investors' perceptions and the stock's stability.
Risk Assessment
Risk Level: low — This filing is a routine update from a major institutional investor and does not indicate any immediate negative risks for the company or its shareholders.
Analyst Insight
An investor should note that BlackRock's continued significant ownership in Waters Corporation suggests institutional confidence, but this filing alone doesn't provide new information about BlackRock's specific buying or selling activity, only that their ownership status has been updated as of December 31, 2023. Further analysis of BlackRock's full 13F filing would be needed for more detailed insights into their portfolio changes.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- Waters Corporation (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- Amendment No. 15 (number) — the specific amendment number to the Schedule 13G filing
- 941848103 (number) — the CUSIP number for Waters Corporation's Common Stock
FAQ
What type of SEC filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, specifically Amendment No. 15, as stated in the filing's header and on the Schedule 13G form itself.
Who is the reporting person in this filing?
The reporting person, or the entity filing this statement, is BlackRock Inc., as clearly identified under the 'FILED BY' section and on the cover page of the Schedule 13G.
What is the subject company whose securities are being reported?
The subject company, also known as the Issuer, is WATERS CORPORATION (WATERS CORP /DE/), as indicated in the 'SUBJECT COMPANY' data and on the Schedule 13G form.
What is the date of the event that required this filing?
The date of the event which required the filing of this statement is December 31, 2023, as specified on the cover page of the Schedule 13G.
What is the CUSIP number for the class of securities reported?
The CUSIP number for the Common Stock of Waters Corporation is 941848103, as listed on the cover page of the Schedule 13G.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 24, 2024 regarding WATERS CORP /DE/ (WAT).