Longview Partners Amends Henry Schein Stake on Dec 31, 2023

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

Sentiment: neutral

Topics: institutional-ownership, amendment, beneficial-ownership

TL;DR

**Longview Partners still owns a chunk of Henry Schein, signaling continued institutional interest.**

AI Summary

Longview Partners (Guernsey) Limited, an investment management firm, filed an amended SC 13G/A on February 13, 2024, indicating their beneficial ownership of Henry Schein, Inc. common stock as of December 31, 2023. This amendment (Amendment No. 6) updates their previous disclosures, showing they continue to hold a significant, though not explicitly stated in this excerpt, position in the company. This matters to investors because it signals that a large institutional investor maintains confidence in Henry Schein, Inc., potentially influencing other investors' perceptions and the stock's stability.

Why It Matters

This filing shows a major institutional investor, Longview Partners, continues to hold a significant stake in Henry Schein, Inc., which can be a vote of confidence for current and prospective shareholders.

Risk Assessment

Risk Level: low — This filing is a routine update from an institutional investor and does not indicate any immediate negative or positive risks to the company.

Analyst Insight

A smart investor would view this as a routine update, confirming continued institutional interest in Henry Schein, Inc. without signaling any immediate need for action. It might prompt a deeper dive into Henry Schein's fundamentals if considering an investment.

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 (Amendment No. 6) to a Schedule 13G filing, indicating a change in beneficial ownership of securities.

Who is the reporting person in this filing?

The reporting person is Longview Partners (Guernsey) Limited, an investment management firm based in the Channel Islands.

What is the subject company whose shares are being reported?

The subject company is Henry Schein, Inc., a wholesale distributor of medical, dental, and hospital equipment and supplies.

What was the date of the event that required this filing?

The date of the event which required this filing 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 'X' in the appropriate box.

From the Filing

0001085146-24-001213.txt : 20240213 0001085146-24-001213.hdr.sgml : 20240213 20240213160106 ACCESSION NUMBER: 0001085146-24-001213 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: HENRY SCHEIN INC CENTRAL INDEX KEY: 0001000228 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MEDICAL, DENTAL & HOSPITAL EQUIPMENT & SUPPLIES [5047] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 113136595 STATE OF INCORPORATION: DE FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-46221 FILM NUMBER: 24625516 BUSINESS ADDRESS: STREET 1: 135 DURYEA RD CITY: MELVILLE STATE: NY ZIP: 11747 BUSINESS PHONE: 6318435500 MAIL ADDRESS: STREET 1: 135 DURYEA RD CITY: MELVILLE STATE: NY ZIP: 11747 FORMER COMPANY: FORMER CONFORMED NAME: SCHEIN HENRY INC DATE OF NAME CHANGE: 19950907 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Longview Partners (Guernsey) LTD CENTRAL INDEX KEY: 0001426092 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: Y7 FISCAL YEAR END: 1207 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: MILL COURT STREET 2: LA CHARROTERIE CITY: ST PETER PORT STATE: Y7 ZIP: GY1 6JG BUSINESS PHONE: 00441481712414 MAIL ADDRESS: STREET 1: MILL COURT STREET 2: LA CHARROTERIE CITY: ST PETER PORT STATE: Y7 ZIP: GY1 6JG SC 13G/A 1 hsica6_12524.htm LONGVIEW PARTNERS (GUERNSEY) LIMITED hsica6_12524.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 6)* Henry Schein, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) US8064071025 (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.: US8064071025 1 NAME OF REPORTING PERSON Longview Partners (Guernsey) Limited I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Channel Islands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0 12 TYPE OF REPORTING PERSON KC & IA CUSIP No.: US8064071025 1 NAME OF REPORTING PERSON Longview Partners LLP I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION United Kingdom NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0 12 TYPE OF REPORTING PERSON IA & PN CUSIP No.: US8064071025 1 NAME OF REPORTING PERSON Longview Partners (UK) Limited I.R.S. IDENTIFI

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