SCHEDULE 13G/A: BlackRock Amends Stake in Heidrick & Struggles International, Reports 15.8% Beneficial Ownership
Beneficial Ownership Report
BlackRock, Inc. has filed an amended Schedule 13G, disclosing its beneficial ownership of 15.8% of the common stock of Heidrick & Struggles International Inc. as of March 31, 2025.
Summary
- BlackRock, Inc. filed an Amendment No. 5 to Schedule 13G regarding its beneficial ownership in Heidrick & Struggles International Inc.
- As of March 31, 2025, BlackRock, Inc. beneficially owned 3,219,752 shares of Heidrick & Struggles International Inc. common stock.
- This ownership represents 15.8% of the class of securities.
- BlackRock, Inc. holds sole voting power over 3,181,583 shares and sole dispositive power over 3,219,752 shares.
- No shared voting or dispositive power was reported.
- The filing indicates 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 the issuer.
- iShares Core S&P Small-Cap ETF, a BlackRock entity, is noted to have an interest of more than 5% of the total outstanding common stock.
- BlackRock Fund Advisors is also identified as an entity beneficially owning 5% or greater of the outstanding shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing disclosing beneficial ownership, which is neutral in sentiment. It does not contain performance data or forward-looking statements that would indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure by a large institutional investor, BlackRock, Inc., detailing its passive ownership stake in Heidrick & Struggles International Inc., a global executive search and consulting firm. Such filings are common for major asset managers who hold significant positions across numerous public companies as part of their investment strategies, including index funds and ETFs.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's stake, confirming BlackRock's continued passive investment in the company.
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| 2023-04-30 | Date of previous Power of Attorney that was revoked.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 for BlackRock, Inc. |
| 2025-03-31 | Date of event which required the filing of this statement (reporting period end date). |
| 2025-04-30 | Date of signature for the Schedule 13G filing. |
Keywords
BlackRock, Heidrick & Struggles International, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, Investment Management, Asset Management, SEC Filing, Ownership Disclosure
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