BlackRock Amends DENTSPLY SIRONA Stake, Filing 13G/A
Ticker: XRAY · Form: SC 13G/A · Filed: Jan 29, 2024 · CIK: 818479
| Field | Detail |
|---|---|
| Company | Dentsply Sirona Inc. (XRAY) |
| Form Type | SC 13G/A |
| Filed Date | Jan 29, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its DENTSPLY SIRONA stake, signaling a routine portfolio adjustment.**
AI Summary
BlackRock Inc. filed an amended Schedule 13G/A on January 29, 2024, indicating a change in its ownership of DENTSPLY SIRONA Inc. common stock as of December 31, 2023. This amendment, number 13, updates their previous disclosures regarding their passive investment in the dental equipment and supplies company. For investors, this matters because BlackRock is a major institutional investor, and changes in their holdings can signal shifts in their confidence or investment strategy regarding DENTSPLY SIRONA, potentially influencing other investors.
Why It Matters
This filing shows BlackRock's updated passive ownership in DENTSPLY SIRONA, which can influence market perception and potentially the stock's trading volume.
Risk Assessment
Risk Level: low — This is a routine amendment by a large institutional investor, indicating a passive stake, and does not suggest immediate significant risk.
Analyst Insight
An investor should note that this is a routine update from a large institutional investor and typically doesn't signal a major shift, but it's worth monitoring future filings for any significant changes in BlackRock's stake.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- DENTSPLY SIRONA Inc. (company) — the subject company whose common stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 29, 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, specifically Amendment No. 13, as stated in the filing.
Who is the 'subject company' in this filing?
The subject company is DENTSPLY SIRONA Inc., identified by the CIK 0000818479 and the name 'DENTSPLY SIRONA INC' in the filing.
Who is the 'filer' or 'reporting person' in this document?
The filer or reporting person is BlackRock Inc., identified by the CIK 0001364742 and the name 'BlackRock Inc.' in the filing.
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 explicitly stated in the filing.
Under which rule is this Schedule 13G filed?
This Schedule 13G is filed under Rule 13d-1(b), as indicated by the 'X' next to '[X] Rule 13d-1(b)' in the document.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 29, 2024 regarding DENTSPLY SIRONA Inc. (XRAY).