Vanguard Group Maintains Significant Passive Stake in DENTSPLY SIRONA

TL;DR

**Vanguard still owns a big chunk of DENTSPLY SIRONA, showing continued institutional confidence.**

AI Summary

The Vanguard Group, a major investment firm, filed an amendment to its Schedule 13G on February 13, 2024, indicating its ownership of DENTSPLY SIRONA Inc. common stock as of December 29, 2023. This filing, an update to a previous disclosure, shows Vanguard's continued significant passive stake in the dental equipment and supplies company. For investors, this means a large institutional investor maintains confidence in DENTSPLY SIRONA, which can be a positive signal, though it doesn't imply any active management changes or new strategic moves.

Why It Matters

This filing confirms that a major institutional investor, The Vanguard Group, continues to hold a substantial, passive ownership in DENTSPLY SIRONA Inc., signaling ongoing institutional confidence in the company.

Risk Assessment

Risk Level: low — This filing is a routine update from a passive investor and does not indicate any immediate risks or changes to the company's operations or stock price.

Analyst Insight

A smart investor would note Vanguard's continued passive stake as a sign of institutional stability, but recognize this filing doesn't suggest any new catalysts or strategic shifts for DENTSPLY SIRONA Inc. It's a routine disclosure of ongoing ownership.

Key Players & Entities

• The Vanguard Group (company) — the reporting person and a major institutional investor
• DENTSPLY SIRONA Inc. (company) — the subject company, a dental equipment and supplies manufacturer
• December 29, 2023 (date) — the date of the event requiring the filing
• February 13, 2024 (date) — the filing date of the SC 13G/A

FAQ

From the Filing

0001104659-24-020746.txt : 20240213 0001104659-24-020746.hdr.sgml : 20240213 20240213170234 ACCESSION NUMBER: 0001104659-24-020746 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240213 DATE AS OF CHANGE: 20240213 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: 24627924 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: VANGUARD GROUP INC CENTRAL INDEX KEY: 0000102909 ORGANIZATION NAME: IRS NUMBER: 231945930 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 SC 13G/A 1 tv0746-dentsplysironainc.htm SCHEDULE 13G/A dentsplysironainc SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 14)* Name of issuer:  DENTSPLY SIRONA Inc Title of Class of Securities:  Common Stock CUSIP Number:  24906P109 Date of Event Which Requires Filing of this Statement: December 29, 2023 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). (Continued on the following page(s))     13G CUSIP No.:  24906P109 1.  NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Vanguard Group - 23-1945930 2.  CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP A.  B.  X 3.  SEC USE ONLY 4.  CITIZENSHIP OF PLACE OF ORGANIZATION Pennsylvania (For questions 5-8, report the number of shares beneficially owned by each reporting person with:) 5.  SOLE VOTING POWER 0 6.  SHARED VOTING POWER 219,530 7.  SOLE DISPOSITIVE POWER 24,280,289 8.  SHARED DISPOSITIVE POWER 906,752 9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 25,187,041 10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES N/A 11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11.89% 12.  TYPE OF REPORTING PERSON IA     SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Act of 1934 Item 1(a) - Name of Issuer: DENTSPLY SIRONA Inc 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: The Vanguard Group - 23-1945930 Item 2(b) – Address of