BlackRock Amends Donaldson Co Inc. Stake (SC 13G/A)
Ticker: DCI · Form: SC 13G/A · Filed: Jan 24, 2024 · CIK: 29644
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its passive stake in Donaldson Co Inc. as of Dec 31, 2023.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 24, 2024, indicating a change in their ownership of Donaldson Co Inc. common stock as of December 31, 2023. This amendment, number 11, shows BlackRock's updated passive investment stake in Donaldson, a company specializing in industrial and commercial fans and air purifying equipment. This matters to investors because BlackRock is a major institutional investor, and changes in their holdings can signal shifts in their confidence or strategy regarding Donaldson Co Inc.'s future performance.
Why It Matters
This filing shows BlackRock's updated passive investment in Donaldson Co Inc., providing insight into a major institutional investor's position, which can influence market perception.
Risk Assessment
Risk Level: low — This is a routine amendment by a passive institutional investor and does not indicate any immediate significant risk or opportunity.
Analyst Insight
Investors should note BlackRock's continued passive interest in Donaldson Co Inc. and consider it as part of their broader due diligence, but this filing alone doesn't suggest an immediate buy or sell action.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person filing the SC 13G/A
- Donaldson Co Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 24, 2024 (date) — the date the SC 13G/A was filed
- Amendment No: 11 (number) — the specific amendment number for this filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, indicating a change in beneficial ownership by a passive investor.
Who is the reporting person in this filing?
The reporting person is BlackRock Inc., a major asset management firm based at 50 Hudson Yards, New York, NY.
What is the subject company whose securities are being reported?
The subject company is DONALDSON Co INC, located at 1400 W. 94th St., Bloomington, MN.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of DONALDSON Co INC is 257651109.
What was the date of the event that triggered this filing?
The date of the event which required the filing of this statement was December 31, 2023.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 24, 2024 regarding DONALDSON Co INC (DCI).