SCHEDULE 13G/A: BlackRock Discloses 8.4% Passive Stake in Quest Diagnostics
Beneficial Ownership Disclosure
BlackRock, Inc. has filed an amended Schedule 13G, revealing a passive beneficial ownership of 8.4% of Quest Diagnostics Inc.'s common stock as of March 31, 2025.
Summary
- BlackRock, Inc. reported beneficial ownership of 9,308,815 shares of Quest Diagnostics Inc. common stock.
- This aggregate amount represents 8.4% of the class of securities.
- BlackRock holds sole voting power over 8,599,228 shares.
- BlackRock holds sole dispositive power over 9,308,815 shares.
- No shared voting or dispositive power was reported.
- The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Quest Diagnostics Inc.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would indicate a positive or negative sentiment regarding the issuer's performance or outlook.
Future Outlook
NA
Industry Context
This filing is a routine disclosure by a large institutional investor, BlackRock, regarding its passive ownership stake in a major diagnostic information services provider, Quest Diagnostics. It reflects BlackRock's ongoing investment activities in the healthcare sector.
Key Dates
| Date | Description |
|---|---|
| April 30, 2023 | Date of previously revoked Power of Attorney. |
| January 21, 2025 | Date of execution of the current Power of Attorney. |
| March 31, 2025 | Date of event which requires filing of this statement (reporting period end). |
| April 17, 2025 | Signature date of the Schedule 13G/A filing. |
Keywords
BlackRock, Quest Diagnostics, Schedule 13G, Beneficial Ownership, Common Stock, Passive Investment, SEC Filing
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