SCHEDULE: Vanguard Discloses 9.6% Stake in Fortrea Holdings

The Vanguard Group has reported a 9.6% beneficial ownership stake in Fortrea Holdings Inc., holding 8,691,374 shares of common stock.

Summary

• The Vanguard Group holds 8,691,374 shares of Fortrea Holdings Inc. common stock.
• This represents a 9.6% beneficial ownership stake in the company.
• Vanguard has sole dispositive power over 8,372,876 shares and shared dispositive power over 318,498 shares.
• Vanguard has shared voting power over 222,603 shares and no sole voting power.
• The filing is an Amendment No. 2 to a Schedule 13G, indicating an update to a previously reported beneficial ownership.
• Vanguard certifies 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 Fortrea Holdings Inc.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

This filing is a beneficial ownership report and does not contain forward-looking statements or guidance from Fortrea Holdings Inc.

Management Comments

• The Vanguard Group certifies that the securities 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.

Industry Context

This filing is a standard disclosure of institutional ownership and does not provide specific industry context or trends related to Fortrea Holdings Inc.'s operations.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, potentially signaling confidence from a major investment firm.

Key Dates

Keywords

Fortrea Holdings Inc, Vanguard Group, Beneficial Ownership, Schedule 13G, Common Stock, Investment Adviser, Institutional Ownership