SCHEDULE 13G: Lazard Asset Management Discloses Significant Stake in International Game Technology PLC
Schedule 13G Filing
Lazard Asset Management LLC has reported a beneficial ownership of 5.41% in International Game Technology PLC, as detailed in a recent Schedule 13G filing.
Summary
- Lazard Asset Management LLC has filed a Schedule 13G, disclosing its beneficial ownership in International Game Technology PLC.
- As of December 31, 2024, Lazard Asset Management LLC beneficially owns 10,927,576 shares of International Game Technology PLC's equity.
- This ownership represents 5.41% of the total class of securities.
- Lazard Asset Management LLC holds sole voting power over 10,892,916 shares and sole dispositive power over 10,927,576 shares.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently convey positive or negative sentiment regarding the company's performance or outlook, beyond the fact of a significant institutional investment.
Positives
- Lazard Asset Management LLC, a significant institutional investor, has disclosed a beneficial ownership of 5.41% in International Game Technology PLC, indicating a notable investment position and potential institutional confidence.
Future Outlook
NA
Industry Context
This Schedule 13G filing indicates a significant passive investment by a major asset manager in a company within the gaming technology sector. Such disclosures provide transparency regarding institutional holdings, which can influence market perception and investor sentiment towards companies like International Game Technology PLC.
Stakeholder Impact
- Shareholders may view the significant institutional ownership by Lazard Asset Management LLC as a sign of confidence in International Game Technology PLC, potentially influencing stock valuation.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which required the filing of this statement, indicating the beneficial ownership position as of year-end. |
| 02/14/2025 | Date the Schedule 13G statement was signed and filed by Lazard Asset Management LLC. |
Keywords
International Game Technology PLC, Lazard Asset Management LLC, Schedule 13G, Beneficial Ownership, Equity, Institutional Investment, SEC Filing, Gaming Industry
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