SCHEDULE 13G/A: BlackRock Amends Caleres Inc. Stake, Disclosing 15.9% Beneficial Ownership
Beneficial Ownership Report Amendment
BlackRock, Inc. has filed an Amendment No. 5 to Schedule 13G, reporting a 15.9% beneficial ownership stake in Caleres Inc.'s common stock as of March 31, 2025.
Summary
- BlackRock, Inc. filed an Amendment No. 5 to Schedule 13G, disclosing its beneficial ownership of common stock in Caleres Inc.
- As of March 31, 2025, BlackRock, Inc. beneficially owned an aggregate of 5,353,880 shares of Caleres Inc. common stock.
- This aggregate amount represents 15.9% of the total outstanding common stock of Caleres Inc.
- BlackRock, Inc. holds sole voting power over 5,302,019 shares and sole dispositive power over 5,353,880 shares.
- No shared voting or dispositive power was reported.
- The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Caleres Inc.
- iShares Core S&P Small-Cap ETF, a subsidiary of BlackRock, Inc., is noted to beneficially own more than 5% of the total outstanding common stock of Caleres Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing disclosing beneficial ownership, providing factual information without expressing positive or negative sentiment regarding the issuer's performance or outlook. It indicates a passive, ordinary course of business investment.
Future Outlook
NA
Industry Context
This filing is a routine disclosure by a major institutional investor, BlackRock, Inc., regarding its passive ownership stake in Caleres Inc., a company primarily known for its footwear brands. It does not provide specific insights into broader industry trends or competitive positioning beyond the fact that a significant institutional investor maintains a substantial stake.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's stake, confirming BlackRock's continued substantial, passive investment in Caleres Inc.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Date of previous Power of Attorney that was revoked. |
| 2025-01-21 | Effective date of the new Power of Attorney. |
| 2025-03-31 | Date of event which requires the filing of this statement. |
| 2025-04-24 | Date of signature for the Schedule 13G filing. |
Keywords
BlackRock, Caleres Inc., Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Footwear Industry, Investment Management
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