BlackRock Updates Passive Stake in Arcosa, Inc. (ACA)

Ticker: ACA · Form: SC 13G/A · Filed: 2024-01-22T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, amendment, passive-investment

TL;DR

**BlackRock just updated its passive stake in Arcosa, showing continued institutional interest.**

AI Summary

BlackRock Inc. filed an amended SC 13G/A on January 22, 2024, disclosing its ownership in Arcosa, Inc. as of December 31, 2023. This filing indicates BlackRock's updated passive investment stake in Arcosa's Common Stock. For investors, this matters because BlackRock is a major institutional investor, and changes in its holdings can signal its confidence (or lack thereof) in Arcosa's future performance, potentially influencing other investors and the stock price.

Why It Matters

This filing shows that BlackRock, a major institutional investor, continues to hold a significant, albeit passive, stake in Arcosa, Inc., which can be a vote of confidence for current and prospective shareholders.

Risk Assessment

Risk Level: low — This filing is an update to a passive investment, indicating no immediate change in control or strategy that would introduce significant risk.

Analyst Insight

An investor should note BlackRock's continued passive interest as a sign of institutional stability, but also recognize that a passive stake doesn't imply active management or a push for strategic changes. Further research into Arcosa's fundamentals and BlackRock's overall portfolio strategy would be prudent.

Key Players & Entities

Forward-Looking Statements

FAQ

What type of filing is this document?

This document is an SC 13G/A, which is an amendment to a Schedule 13G, filed under the Securities Exchange Act of 1934, specifically Rule 13d-1(b).

Who is the reporting person in this filing?

The reporting person is BlackRock, Inc., identified by CIK 0001364742.

What is the subject company whose securities are being reported?

The subject company is Arcosa, Inc., identified by CIK 0001739445, with the title of class of securities being Common Stock.

What is the CUSIP number for the securities mentioned in this filing?

The CUSIP number for Arcosa, Inc.'s Common Stock is 039653100.

What was the date of the event that required this filing?

The date of the event which required the filing of this statement was December 31, 2023.

From the Filing

0001086364-24-001111.txt : 20240122 0001086364-24-001111.hdr.sgml : 20240122 20240122155213 ACCESSION NUMBER: 0001086364-24-001111 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240122 DATE AS OF CHANGE: 20240122 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Arcosa, Inc. CENTRAL INDEX KEY: 0001739445 STANDARD INDUSTRIAL CLASSIFICATION: FABRICATED STRUCTURAL METAL PRODUCTS [3440] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 825339416 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-90715 FILM NUMBER: 24548757 BUSINESS ADDRESS: STREET 1: 500 N. AKARD SREET STREET 2: SUITE 400 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 972-942-6500 MAIL ADDRESS: STREET 1: 500 N. AKARD SREET STREET 2: SUITE 400 CITY: DALLAS STATE: TX ZIP: 75201 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us0396531008_012224.txt us0396531008_012224.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 2) Arcosa, Inc. -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 039653100 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 039653100 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 7530276 (6) Shared voting power 0 (7) Sole dispositive power 7642039 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 7642039 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 15.7% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- Arcosa, Inc. Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 500 N. AKARD SREET SUITE 400 DALLAS TX 75201 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or principal business office or, if none, residence: ---------------

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