Nuance Investments Amends DENTSPLY SIRONA Stake, Maintains Passive Role

Ticker: XRAY · Form: SC 13G/A · Filed: 2024-02-05T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, amendment, passive-investment

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

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 filing under the Securities Exchange Act of 1934.

Who is the reporting person in this filing?

The reporting person is NUANCE INVESTMENTS, LLC, with an IRS Identification No. of 26-3649176.

What is the subject company of this filing?

The subject company is DENTSPLY SIRONA Inc., identified by CIK 0000818479 and CUSIP Number 24906P109.

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.

Under which rule was this Schedule 13G filed?

This Schedule 13G was filed under Rule 13d-1(b), as indicated by the checked box on the cover page.

From the Filing

0001085146-24-000701.txt : 20240205 0001085146-24-000701.hdr.sgml : 20240205 20240205112229 ACCESSION NUMBER: 0001085146-24-000701 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240205 DATE AS OF CHANGE: 20240205 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DENTSPLY SIRONA Inc. CENTRAL INDEX KEY: 0000818479 STANDARD INDUSTRIAL CLASSIFICATION: DENTAL EQUIPMENT & SUPPLIES [3843] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 391434669 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-40672 FILM NUMBER: 24594572 BUSINESS ADDRESS: STREET 1: 13320 BALLANTYNE CORPORATE PLACE CITY: CHARLOTTE STATE: NC ZIP: 28277-3607 BUSINESS PHONE: 844-546-3722 MAIL ADDRESS: STREET 1: 13320 BALLANTYNE CORPORATE PLACE CITY: CHARLOTTE STATE: NC ZIP: 28277-3607 FORMER COMPANY: FORMER CONFORMED NAME: DENTSPLY INTERNATIONAL INC /DE/ DATE OF NAME CHANGE: 19930630 FORMER COMPANY: FORMER CONFORMED NAME: GENDEX CORP DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: NUANCE INVESTMENTS, LLC CENTRAL INDEX KEY: 0001473182 ORGANIZATION NAME: IRS NUMBER: 263649176 STATE OF INCORPORATION: KS FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 4900 MAIN STREET STREET 2: SUITE 220 CITY: KANSAS CITY STATE: MO ZIP: 64112 BUSINESS PHONE: 913-647-9700 MAIL ADDRESS: STREET 1: 4900 MAIN STREET STREET 2: SUITE 220 CITY: KANSAS CITY STATE: MO ZIP: 64112 FORMER COMPANY: FORMER CONFORMED NAME: MARINER VALUE STRATEGIES, LLC DATE OF NAME CHANGE: 20090925 SC 13G/A 1 xraya1_20524.htm NUANCE INVESTMENTS LLC xraya1_20524.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* DENTSPLY SIRONA (Name of Issuer) COMMON (Title of Class of Securities) 24906P109 (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 Instructions). CUSIP No.: 24906P109 1 NAME OF REPORTING PERSON NUANCE INVESTMENTS, LLC I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) 26-3649176 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION 4900 MAIN STREET, SUITE 220 KANSAS CITY, MO 64112 NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 11,603,889 6 SHARED VOTING POWER 7 SOLE DISPOSITIVE POWER 11,603,889 8 SHARED DISPOSITIVE POWER 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,603,889 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.48% 12 TYPE OF REPORTING PERSON IA CUSIP No.: 24906P109 ITEM 1(a). NAME OF ISSUER: DENTSPLY SIRONA ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 13320 BALLANTYNE CORPORATE PLACE CHARLOTTE, NC, 28277-3607 ITEM 2(a). NAME OF PERSON FILING: NUANCE INVESTMENTS, LLC ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: 4900 MAIN STREET, SUITE 220 KANSAS CITY, MO 64112 ITEM 2(c). CITIZENSHIP: 4900 MAIN STREET, SUITE 220 KANSAS CITY, MO 64112 ITEM 2(d). TITLE OF CLASS OF SECURITIES: COMMON ITEM 2(e). CUSIP NUMBE

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