First Eagle Updates C.H. Robinson Stake as of Dec 31, 2023

Ticker: CHRW · Form: SC 13G/A · Filed: 2024-02-08T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, amendment, passive-investing

TL;DR

**First Eagle just updated its C.H. Robinson stake, watch for market reaction!**

AI Summary

First Eagle Investment Management, LLC, a New York-based investment firm, filed an amended Schedule 13G/A on February 8, 2024, indicating its ownership of C.H. Robinson Worldwide Inc. common shares as of December 31, 2023. This filing updates their previous disclosure, showing a change in their beneficial ownership stake. This matters to investors because it reveals a significant institutional investor's updated position in C.H. Robinson, which can influence market sentiment and potentially signal their long-term view of the company's prospects.

Why It Matters

This filing shows an institutional investor's updated position in C.H. Robinson, which can impact investor confidence and potentially signal future stock performance.

Risk Assessment

Risk Level: low — This is a routine amendment to a passive ownership filing, indicating no immediate high-risk actions or significant changes in control.

Analyst Insight

An investor should note that a significant institutional investor like First Eagle Investment Management, LLC, has updated its position in C.H. Robinson. While this filing doesn't disclose the exact percentage or number of shares, it signals continued interest or a re-evaluation of their stake as of year-end 2023. Smart investors would look for the specific share count and percentage in the full filing to understand the magnitude of the change and consider it alongside other fundamental analysis of C.H. Robinson.

Key Players & Entities

First Eagle Investment Management, LLC (company) — the reporting person filing the SC 13G/A
C.H. Robinson Worldwide Inc. (company) — the issuer whose securities are being reported
December 31, 2023 (date) — the date of the event requiring the filing
February 8, 2024 (date) — the filing date of the SC 13G/A

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, specifically Rule 13d-1(b).

Who is the 'Reporting Person' in this filing?

The Reporting Person is First Eagle Investment Management, LLC, located at 1345 Avenue of the Americas, New York, NY.

What is the 'Subject Company' or 'Issuer' of the securities?

The Subject Company or Issuer is C.H. Robinson Worldwide Inc., with its business address at 14701 Charlson Road, Eden Prairie, MN.

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

The CUSIP number for the Common shares of C.H. Robinson Worldwide Inc. is 12541W209.

What was the 'Date of Event which Requires Filing of this Statement'?

The Date of Event which Requires Filing of this Statement was December 31, 2023.

From the Filing

EDGAR Filing Documents for 0001325447-24-000004 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. 0001325447-24-000004 Filing Date 2024-02-08 Accepted 2024-02-08 12:33:22 Documents 1 Document Format Files Seq Description Document Type Size 1 chrobinson12312313ga.txt SC 13G/A 6494 Complete submission text file 0001325447-24-000004.txt 8296 Mailing Address 14701 CHARLSON ROAD EDEN PRAIRIE MN 55347 Business Address 14701 CHARLSON ROAD EDEN PRAIRIE MN 55347 9529378500 C. H. ROBINSON WORLDWIDE, INC. (Subject) CIK : 0001043277 (see all company filings) EIN. : 411883630 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A | Act: 34 | File No.: 005-53177 | Film No.: 24607904 SIC : 4731 Arrangement of Transportation of Freight & Cargo (CF Office: 01 Energy & Transportation) Mailing Address 1345 AVENUE OF THE AMERICAS NEW YORK NY 10105 Business Address 1345 AVENUE OF THE AMERICAS NEW YORK NY 10105 212-698-3300 First Eagle Investment Management, LLC (Filed by) CIK : 0001325447 (see all company filings) EIN. : 571156902 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A