Artisan Partners Amends DENTSPLY SIRONA Stake (Amendment No. 5)

TL;DR

**Artisan Partners just updated their DENTSPLY SIRONA stake, signaling a portfolio adjustment.**

AI Summary

Artisan Partners Limited Partnership, an investment adviser, filed an amended Schedule 13G/A on February 12, 2024, indicating a change in their ownership of DENTSPLY SIRONA Inc. common stock as of December 31, 2023. This amendment, number 5, updates their previous disclosures regarding their passive investment in the dental equipment and supplies company. This matters to investors because it shows a significant institutional investor is adjusting its position, which can signal a shift in their outlook on the stock's future performance.

Why It Matters

This filing shows that a major institutional investor, Artisan Partners, has updated its ownership stake in DENTSPLY SIRONA, which can influence market perception and potentially the stock price.

Risk Assessment

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

Analyst Insight

Investors should monitor subsequent filings from Artisan Partners to understand their evolving position in DENTSPLY SIRONA, as significant changes could indicate a shift in their investment thesis.

Key Numbers

• 24906P109 — CUSIP Number (identifies DENTSPLY SIRONA Inc. Common Stock)
• 12/31/2023 — Date of Event (the date requiring the filing of this statement)
• Amendment No. 5 — Filing Amendment Number (indicates this is the fifth amendment to Artisan Partners' Schedule 13G filing for DENTSPLY SIRONA)

Key Players & Entities

• Artisan Partners Limited Partnership (company) — the investment adviser filing the SC 13G/A
• DENTSPLY SIRONA Inc. (company) — the subject company whose common stock is being reported
• Artisan Investments GP LLC (company) — a group member associated with the filing entity
• Artisan Partners Asset Management Inc. (company) — a group member associated with the filing entity
• Artisan Partners Holdings LP (company) — a group member associated with the filing entity

Forward-Looking Statements

• Artisan Partners will continue to be a significant institutional holder of DENTSPLY SIRONA Inc. common stock. (Artisan Partners Limited Partnership) — high confidence, target: 12/31/2024

FAQ

From the Filing

0001193125-24-030915.txt : 20240212 0001193125-24-030915.hdr.sgml : 20240212 20240212061256 ACCESSION NUMBER: 0001193125-24-030915 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 4 FILED AS OF DATE: 20240212 DATE AS OF CHANGE: 20240212 GROUP MEMBERS: ARTISAN INVESTMENTS GP LLC GROUP MEMBERS: ARTISAN PARTNERS ASSET MANAGEMENT INC. GROUP MEMBERS: ARTISAN PARTNERS HOLDINGS LP 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: 24617265 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: Artisan Partners Limited Partnership CENTRAL INDEX KEY: 0001466153 ORGANIZATION NAME: IRS NUMBER: 300551775 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 875 E WISCONSIN AVE STREET 2: STE 800 CITY: MILWAUKEE STATE: WI ZIP: 53202 BUSINESS PHONE: (414) 390-6100 MAIL ADDRESS: STREET 1: 875 E WISCONSIN AVE STREET 2: STE 800 CITY: MILWAUKEE STATE: WI ZIP: 53202 SC 13G/A 1 d767530dsc13ga.htm SC 13G/A SC 13G/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G (Rule 13d-102) Information to be Included in Statements Filed Pursuant to Rule 13d-1(b), (c) and (d) and Amendments Thereto Filed Pursuant to Rule 13d-2. Under the Securities Exchange Act of 1934 (Amendment No. 5)* DENTSPLY SIRONA Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 24906P109 (CUSIP Number) 12/31/2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☒ 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 No. 24906P109 13G  1   NAME OF REPORTING PERSON  Artisan Partners Limited Partnership  2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see Instructions)  (a) ☐  (b) ☐  Not Applicable  3  SEC USE ONLY  4  CITIZENSHIP OR PLACE OF ORGANIZATION  Delaware NUMBER OF SHARES BENEFICIALLY  OWNED BY EACH REPORTING PERSON WITH 5   SOLE VOTING POWER  None 6  SHARED VOTING POWER  11,821,754 7  SOLE DISPOSITIVE POWER  None 8  SHARED DISPOSITIVE POWER  12,944,034  9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  12,944,034 10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see Instructions)  ☐  Not Applicable 11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  6.1% 12  TYPE OF REPORTING PERSON (see Instructions)  IA CUSIP No. 24906P10