SCHEDULE: BlackRock Discloses 5.2% Stake in Frequency Electronics
Schedule 13G Filing
BlackRock, Inc. has reported a beneficial ownership of 5.2% in Frequency Electronics Inc. as of June 30, 2026.
Summary
- BlackRock, Inc. has filed a Schedule 13G, indicating a beneficial ownership of 516,466 shares of Frequency Electronics Inc. common stock.
- This ownership represents 5.2% of the class of securities.
- The filing date is June 30, 2026, and the CUSIP number for the securities is 358010106.
- BlackRock, Inc. has sole voting power over 509,407 shares and sole dispositive power over 516,466 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership by a large institutional investor and does not inherently signal positive or negative performance for the company.
Positives
- BlackRock, Inc. has a significant beneficial ownership stake of 5.2% in Frequency Electronics Inc.
- BlackRock holds sole voting and dispositive power over a substantial portion of these shares, indicating strong control over their disposition.
Future Outlook
This filing is a disclosure of current beneficial ownership and does not contain forward-looking statements or guidance regarding future performance of Frequency Electronics Inc.
Management Comments
- "Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the common stock of FREQUENCY ELECTRONICS INC. No one person's interest in the common stock of FREQUENCY ELECTRONICS INC is more than five percent of the total outstanding common shares."
- Spencer Fleming, Managing Director for BlackRock, Inc., certified that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
Industry Context
StockSavvy.ai notes that this Schedule 13G filing by BlackRock, a major institutional investor, signifies a notable level of institutional interest in Frequency Electronics Inc. Such filings often precede or coincide with shifts in investor sentiment or strategic corporate actions.
Stakeholder Impact
- Shareholders: The filing indicates increased institutional interest, which could potentially influence share price and liquidity.
- Management: The filing confirms BlackRock's passive stake, suggesting no immediate intent to influence corporate control or strategy.
Next Steps
- BlackRock, Inc. will continue to monitor its beneficial ownership in Frequency Electronics Inc. and may file amendments to this Schedule 13G as required by regulations.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Previous Power of Attorney dated April 30, 2023, revoked by the new filing. |
| 2025-01-21 | Date of execution of the new Power of Attorney by BlackRock, Inc. |
| 2026-06-30 | Date of Event Which Requires Filing of this Statement (Schedule 13G filing date). |
| 2026-07-28 | Date of signature by Spencer Fleming, Managing Director for BlackRock, Inc. |
Keywords
Frequency Electronics Inc., BlackRock, Schedule 13G, Beneficial Ownership, Common Stock, Investment Management
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