SCHEDULE: BlackRock Discloses 6.4% Passive Stake in Altice USA Class A Stock
Beneficial Ownership Report
BlackRock, Inc. has filed a Schedule 13G, reporting beneficial ownership of 6.4% of Altice USA, Inc.'s Class A Stock as of June 30, 2025.
Summary
- BlackRock, Inc. beneficially owns an aggregate of 18,135,603 shares of Altice USA, Inc. Class A Stock.
- This ownership represents 6.4% of the total Class A Stock outstanding.
- BlackRock holds sole voting power over 17,565,818 shares and sole dispositive power over 18,135,603 shares.
- The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing the control of Altice USA.
- BlackRock is classified as a parent holding company or control person.
- Several BlackRock subsidiaries contribute to this beneficial ownership, including BlackRock Investment Management, LLC, which is noted as beneficially owning 5% or greater of the outstanding shares of the security class.
Sentiment
Score: 5
Explanation: Neutral, as this is a routine regulatory disclosure of passive beneficial ownership and does not contain performance or strategic updates from the issuer.
Positives
- A major institutional investor, BlackRock, holds a significant stake, indicating continued investment interest in Altice USA.
Future Outlook
Not applicable, as this filing is a disclosure of current beneficial ownership and does not provide forward-looking statements or guidance from the issuer.
Industry Context
This Schedule 13G filing is a standard regulatory disclosure by a large institutional investor, BlackRock, indicating its passive beneficial ownership in Altice USA, Inc. Such filings are routine for investors holding more than 5% of a company's stock and signify a long-term, non-controlling investment position, common among asset managers.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's stake, confirming a passive investment approach.
Key Dates
| Date | Description |
|---|---|
| 2025-01-21 | Date of Power of Attorney execution by BlackRock, Inc. |
| 2025-06-30 | Date of event requiring the filing of this statement, reflecting the beneficial ownership position. |
| 2025-07-17 | Date of filing signature by BlackRock, Inc. |
Keywords
BlackRock, Altice USA, Schedule 13G, Beneficial Ownership, Class A Stock, Institutional Investor, SEC Filing, Passive Investment
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