Nuance Investments Amends DENTSPLY SIRONA Stake, Maintains Passive Role

TL;DR

**Nuance Investments is still a major, passive holder of DENTSPLY SIRONA shares.**

AI Summary

Nuance Investments, LLC, a Kansas-based investment firm, filed an amended SC 13G/A on February 5, 2024, indicating its ownership in DENTSPLY SIRONA Inc. as of December 31, 2023. This amendment updates their previous filing, confirming their continued passive investment in the dental equipment and supplies company. For investors, this filing shows that a significant institutional investor maintains its position, which can be seen as a vote of confidence in DENTSPLY SIRONA's long-term prospects.

Why It Matters

This filing confirms Nuance Investments' continued significant, but passive, ownership in DENTSPLY SIRONA, signaling their ongoing belief in the company's value without seeking to influence management.

Risk Assessment

Risk Level: low — This is a routine amendment filing by a passive investor, indicating no immediate change in company control or strategy.

Analyst Insight

Investors should view this as a confirmation of an existing institutional position rather than a new catalyst. It suggests continued confidence from Nuance Investments but doesn't signal any impending strategic changes for DENTSPLY SIRONA.

Key Players & Entities

• NUANCE INVESTMENTS, LLC (company) — the reporting person and institutional investor
• DENTSPLY SIRONA Inc. (company) — the subject company, a dental equipment and supplies manufacturer
• December 31, 2023 (date) — the date of the event requiring the filing
• February 5, 2024 (date) — the filing date of the SC 13G/A amendment

Forward-Looking Statements

• Nuance Investments will maintain its passive investment strategy in DENTSPLY SIRONA. (NUANCE INVESTMENTS, LLC) — high confidence, target: Q4 2024
• DENTSPLY SIRONA's stock price will not be significantly impacted by this routine filing. (DENTSPLY SIRONA Inc.) — high confidence, target: Q2 2024

FAQ

Filing Documents

• xraya1_20524.htm (SC 13G/A) — 25KB
• 0001085146-24-000701.txt ( ) — 27KB

(a)

ITEM 1(a). NAME OF ISSUER: DENTSPLY SIRONA

(b)

ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 13320 BALLANTYNE CORPORATE PLACE CHARLOTTE, NC, 28277-3607

(a)

ITEM 2(a). NAME OF PERSON FILING: NUANCE INVESTMENTS, LLC

(b)

ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: 4900 MAIN STREET, SUITE 220 KANSAS CITY, MO 64112

(c)

ITEM 2(c). CITIZENSHIP: 4900 MAIN STREET, SUITE 220 KANSAS CITY, MO 64112

(d)

ITEM 2(d). TITLE OF CLASS OF SECURITIES: COMMON

(e)

ITEM 2(e). CUSIP NUMBER: 24906P109 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SECTION 240.13d-1(b), or 13d-2(b) or (c) CHECK WHETHER THE PERSON FILING IS A: (a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78c); (b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); (c) [ ] Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); (d) [ ] Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8); (e) [X] An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J); (k) [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d1(b)(1)(ii)(J), please specify the type of institution: ITEM 4. (a) Amount beneficially owned: 11,603,889 (b) Percent of class: 5.48% (c) Number of shares as to which the person has: (i) sole power to vote or to direct the vote: 11,603,889 (ii) shared power to vote or to direct the vote: (iii) sole power to dispose or direct the disposition of: 11,603,889 (iv) shared power to dispose or to direct the disposition of: ITEM 5. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, ch

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View this SC 13G/A filing on SEC EDGAR