BNY Mellon Reports 8.8% Stake in Waters Corp, 2.6M Shares

TL;DR

**BNY Mellon just updated its Waters Corp stake to 8.8% with 2.6M shares.**

AI Summary

The Bank of New York Mellon Corporation filed an amended SC 13G/A on January 24, 2024, disclosing its beneficial ownership in Waters Corporation Common Stock as of December 31, 2023. The filing indicates that BNY Mellon now holds sole voting power over 2,618,084 shares, representing 8.8% of Waters Corporation's outstanding common stock. This matters to investors because it shows a significant institutional holder's updated position, which can influence market perception and potentially signal confidence or a shift in investment strategy for Waters Corporation.

Why It Matters

This filing updates the public on a major institutional investor's stake in Waters Corporation, providing transparency on significant ownership changes that can impact stock sentiment.

Risk Assessment

Risk Level: low — This filing is a routine update from a large institutional investor and does not indicate any immediate significant risk to the company or its shareholders.

Analyst Insight

Investors should note this updated institutional ownership as a data point for Waters Corporation's stability, but it doesn't necessarily signal an immediate buy or sell action. It's a routine disclosure of a large, passive stake.

Key Numbers

• 2,618,084 — Shares with Sole Voting Power (Represents the number of Waters Corporation common shares BNY Mellon can vote.)
• 8.8% — Percentage of Class Beneficially Owned (Indicates BNY Mellon's significant ownership stake in Waters Corporation.)

Key Players & Entities

• The Bank of New York Mellon Corporation (company) — reporting person and beneficial owner
• Waters Corporation (company) — issuer of the securities
• 2,618,084 (dollar_amount) — number of shares with sole voting power
• 8.8% (dollar_amount) — percentage of class beneficially owned
• December 31, 2023 (date) — date of event requiring the filing

Forward-Looking Statements

• BNY Mellon will maintain a significant stake in Waters Corporation, indicating continued institutional confidence. (Waters Corporation) — medium confidence, target: Q2 2024

FAQ

From the Filing

0001390777-24-000013.txt : 20240124 0001390777-24-000013.hdr.sgml : 20240124 20240124103427 ACCESSION NUMBER: 0001390777-24-000013 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240124 DATE AS OF CHANGE: 20240124 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WATERS CORP /DE/ CENTRAL INDEX KEY: 0001000697 STANDARD INDUSTRIAL CLASSIFICATION: LABORATORY ANALYTICAL INSTRUMENTS [3826] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 133668640 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-49967 FILM NUMBER: 24554853 BUSINESS ADDRESS: STREET 1: 34 MAPLE ST CITY: MILFORD STATE: MA ZIP: 01757 BUSINESS PHONE: 5084782000 MAIL ADDRESS: STREET 1: 34 MAPLE STREET CITY: MILFORD STATE: MA ZIP: 01757 FORMER COMPANY: FORMER CONFORMED NAME: WCD INVESTORS INC /DE/ DATE OF NAME CHANGE: 19960605 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Bank of New York Mellon Corp CENTRAL INDEX KEY: 0001390777 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance IRS NUMBER: 132614959 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 240 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10286 BUSINESS PHONE: 212-495-1784 MAIL ADDRESS: STREET 1: 240 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10286 FORMER COMPANY: FORMER CONFORMED NAME: Bank of New York Mellon CORP DATE OF NAME CHANGE: 20070221 SC 13G/A 1 Waters13G_Filing.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No.5)* NAME OF ISSUER: Waters Corporation TITLE OF CLASS OF SECURITIES: Common Stock CUSIP NUMBER: 941848103 DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT: December 31, 2023 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 NUMBER: 941848103 (1) Names of Reporting Persons The Bank of New York Mellon Corporation IRS Identification Nos. of Above Persons IRS No.13-2614959 (2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) ( ) (b) ( ) (3) SEC use only (4) Citizenship or Place of Organization New York Number of Shares (5) Sole Voting Power 2,618,084 Beneficially Owned by Each (6) Shared Voting Power 215 Reporting Person With (7) Sole Dispositive Power 2,912,772 (8) Shared Dispositive Power 545,572 (9) Aggregate Amount Beneficially Owned by Each Reporting Person 3,651,167 (10) Check if the Aggregated Amount in Row (9) Excludes Certain Shares (see Instructions) ( ) (11) Percent of Class Represented by Amount in Row (9) 6.18% (12) Type of Reporting Person (See Instructions) HC CUSIP NUMBER: 941848103 (1) Names of Reporting Persons BNY Mellon IHC, LLC IRS Identification Nos. of Above Persons IRS No.82-2121983 (2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) ( ) (b) ( ) (3) SEC use only (4) Citizenship or Place of Organization New York Number of Shares (5) Sole Voting Power 2,432,568 Beneficially Owned by Each (6) Shared Voting Power 0 Reporting Person With (7) Sole Dispositive Power 2,708,024 (8) Shared Dispositive Power 524,357 (9) Aggregate Amount Beneficially Owned by Each Reporting Person 3,425,204 (10) Check if the Aggre