BlackRock Updates P&G Stake in 12th 13G/A Amendment
Ticker: PG · Form: SC 13G/A · Filed: 2024-01-29T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock just updated its P&G holdings, still a big passive investor.**
AI Summary
BlackRock Inc. filed an amended Schedule 13G/A on January 29, 2024, indicating its ownership of Procter & Gamble Co. common stock as of December 31, 2023. This amendment, the 12th for BlackRock regarding P&G, updates their passive investment stake in the consumer goods giant. This matters to investors because BlackRock is a major institutional investor, and changes in their holdings can signal shifts in their confidence or investment strategy for P&G, potentially influencing other investors.
Why It Matters
This filing shows BlackRock's continued significant, albeit passive, investment in Procter & Gamble, providing transparency into a major institutional holder's position.
Risk Assessment
Risk Level: low — This is a routine amendment from a passive institutional investor and does not indicate any immediate risk to the company or its stock.
Analyst Insight
Investors should note BlackRock's continued presence as a major institutional holder, but this routine update doesn't suggest an immediate need for action. It's a data point for understanding institutional ownership.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- PROCTER & GAMBLE Co (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 29, 2024 (date) — the filing date of the SC 13G/A
- Amendment No: 12 (number) — the specific amendment number for this filing
Forward-Looking Statements
- BlackRock will maintain a significant, passive stake in Procter & Gamble Co. throughout 2024. (BlackRock Inc.) — high confidence, target: December 31, 2024
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G (Amendment No: 12)' in the filing.
Who is the reporting person in this filing?
The reporting person, or the entity that filed this document, is BlackRock Inc., as stated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.'
Which company's securities are being reported on?
The securities being reported on belong to PROCTER & GAMBLE Co, as identified under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PROCTER & GAMBLE Co'.
What was the date of the event that triggered this filing?
The date of the event which required this filing was December 31, 2023, as specified in the filing under 'Date of Event Which Requires Filing of this Statement'.
What is the CUSIP number for the securities mentioned?
The CUSIP number for the Common Stock of PROCTER & GAMBLE Co is 742718109, as listed in the filing.
From the Filing
EDGAR Filing Documents for 0001086364-24-005082 This page uses Javascript. Your browser either doesn't support Javascript or you have it turned off. To see this page as it is meant to appear please use a Javascript enabled browser. SEC.gov EDGAR Latest Filings Filings search tools Filing Detail SEC Home Company Search Current Page Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] SEC Accession No. 0001086364-24-005082 Filing Date 2024-01-29 Accepted 2024-01-29 15:26:29 Documents 1 Document Format Files Seq Description Document Type Size 1 us7427181091_012924.txt SC 13G/A 12054 Complete submission text file 0001086364-24-005082.txt 13999 Mailing Address ONE PROCTER & GAMBLE PLAZA CINCINNATI OH 45202 Business Address ONE PROCTER & GAMBLE PLAZA CINCINNATI OH 45202 5139831100 PROCTER & GAMBLE Co (Subject) CIK : 0000080424 (see all company filings) EIN. : 310411980 | State of Incorp.: OH | Fiscal Year End: 0630 Type: SC 13G/A | Act: 34 | File No.: 005-20670 | Film No.: 24573198 SIC : 2840 Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics (CF Office: 08 Industrial Applications and Services) Mailing Address 50 HUDSON YARDS NEW YORK NY 10001 Business Address 50 HUDSON YARDS NEW YORK NY 10001 212-810-5300 BlackRock Inc. (Filed by) CIK : 0001364742 (see all company filings) EIN. : 320174431 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A SIC : 6211 Security Brokers, Dealers & Flotation Companies (CF Office: 02 Finance)