SCHEDULE 13G/A: BlackRock Amends HP Inc. Stake Disclosure, Reports 9.3% Passive Ownership
Schedule 13G Amendment
BlackRock, Inc. has filed an amended Schedule 13G, disclosing its continued passive beneficial ownership of 9.3% of HP Inc.'s common stock as of March 31, 2025.
Summary
- BlackRock, Inc. filed an Amendment No. 2 to its Schedule 13G regarding its beneficial ownership in HP Inc.
- As of March 31, 2025, BlackRock, Inc. beneficially owned 87,477,843 shares of HP Inc. Common Stock.
- This ownership represents 9.3% of the class of securities.
- BlackRock, Inc. holds sole voting power over 80,234,241 shares and sole dispositive power over 87,477,843 shares.
- No shared voting or dispositive power was reported.
- The filing confirms that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of HP Inc.
- Various BlackRock subsidiaries are identified as entities through which the securities are held, with some potentially owning 5% or greater of the outstanding shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing disclosing passive ownership, providing factual information without expressing positive or negative sentiment regarding the issuer's performance or outlook.
Positives
- NA
Negatives
- NA
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."
Industry Context
NA
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional investor's passive stake in HP Inc., confirming BlackRock's continued substantial, non-controlling ownership.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Date of previous Power of Attorney revoked by the new one. |
| 2025-01-21 | Effective date of the new Power of Attorney for BlackRock, Inc. |
| 2025-03-31 | Date of event which requires filing of this statement (reporting period end). |
| 2025-04-23 | Date of filing of this Schedule 13G Amendment No. 2. |
Keywords
BlackRock, HP Inc., Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Passive Investment, SEC Filing, Equity Stake
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