SCHEDULE 13G/A: BlackRock Amends Dun & Bradstreet Stake, Reports 2.8% Passive Ownership
Beneficial Ownership Amendment
BlackRock, Inc. has filed an Amendment No. 2 to its Schedule 13G, disclosing a 2.8% beneficial ownership stake in Dun & Bradstreet Holdings, Inc. as of March 31, 2025.
Summary
- BlackRock, Inc. filed an Amendment No. 2 to its Schedule 13G, updating its beneficial ownership in Dun & Bradstreet Holdings, Inc.
- As of March 31, 2025, BlackRock beneficially owns 12,355,041 shares of Dun & Bradstreet's common stock.
- This represents 2.8% of the total outstanding common stock of Dun & Bradstreet Holdings, Inc.
- BlackRock holds sole voting power over 11,764,283 shares and sole dispositive power over 12,355,041 shares.
- The filing indicates that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
- BlackRock, Inc. is classified as a parent holding company and control person for the purpose of this filing.
- Several BlackRock subsidiaries are identified as having beneficial ownership, with some individual entities potentially owning 5% or more of the outstanding shares, although no single person's interest (outside of the aggregate BlackRock reporting units) is more than 5%.
Sentiment
Score: 5
Explanation: This is a factual regulatory filing (Schedule 13G Amendment) reporting a change in passive ownership. It does not contain subjective information or forward-looking statements that would indicate a positive or negative sentiment regarding the issuer's performance or outlook. The slight decrease in ownership (implied by the 2.8% stake in an amendment) is a neutral factual report without explicit positive or negative framing within the document itself.
Positives
- NA
Negatives
- The reported beneficial ownership of 2.8% is below the 5% threshold typically requiring a new Schedule 13G filing, suggesting a reduction in BlackRock's stake from a previous filing.
Risks
- NA
Future Outlook
NA
Management Comments
- "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11." (Certification by BlackRock, Inc.)
Industry Context
This filing reflects a change in a major institutional investor's passive stake in a business data and analytics company. It does not provide broader industry trends or competitive analysis.
Comparison to Industry Standards
- NA
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Attorney-in-fact | Previous attorneys-in-fact under the April 30, 2023 Power of Attorney | Eric Andruczyk, Richard Cundiff, R. Andrew Dickson, III, Spencer Fleming, Laura Hildner, David Maryles, Christopher Meade, Charles Park, James Raby, Daniel Riemer, David Rothenberg, Brenda Schulz | 2025-01-21 | Revocation of previous Power of Attorney and establishment of a new one for SEC and other regulatory filings. |
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Update | BlackRock, Inc. executed a new Power of Attorney, effective January 21, 2025, revoking a prior one dated April 30, 2023. This grants specific individuals the authority to execute and file various ownership and control-person reporting documents on behalf of BlackRock and its subsidiaries. | 2025-01-21 | Streamlines the process for BlackRock to comply with regulatory reporting requirements by designating authorized attorneys-in-fact. |
Legal Proceedings
- NA
Related Party Transactions
- NA
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional investor's stake in Dun & Bradstreet. The reduction in stake (implied by the 2.8% in an amendment) might be interpreted by some investors as a signal, though the filing states it's for passive investment purposes.
- Regulatory Authorities: Fulfills BlackRock's legal obligation to disclose its beneficial ownership in publicly traded companies.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Date of previously revoked Power of Attorney. |
| 2025-01-21 | Effective date of the new Power of Attorney. |
| 2025-03-31 | Date of event which requires filing of this statement (reporting period end date). |
| 2025-04-22 | Date of filing/signature of the Schedule 13G Amendment No. 2. |
Keywords
BlackRock, Dun & Bradstreet Holdings Inc., SEC Filing, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, Passive Investment
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