SCHEDULE 13G/A: BlackRock Amends Northfield Bancorp Stake, Disclosing 11.6% Beneficial Ownership
Beneficial Ownership Report
BlackRock, Inc. has filed an Amendment No. 3 to its Schedule 13G, reporting a beneficial ownership of 11.6% in Northfield Bancorp, Inc. as of December 31, 2024.
Summary
- BlackRock, Inc. filed an Amendment No. 3 to Schedule 13G regarding its beneficial ownership in Northfield Bancorp, Inc.
- As of December 31, 2024, BlackRock, Inc. beneficially owns 4,973,291 shares of Northfield Bancorp, Inc. Common Stock.
- This ownership represents 11.6% of the total outstanding class of securities.
- BlackRock, Inc. holds sole voting power over 4,486,147 shares and sole dispositive power over 4,973,291 shares.
- No shared voting or dispositive power is reported by BlackRock, Inc.
- The filing 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 the issuer.
- The aggregate beneficial ownership includes holdings by various BlackRock business units, with BlackRock Institutional Trust Company, National Association, specifically noted as beneficially owning 5% or greater of the outstanding shares.
Sentiment
Score: 5
Explanation: The document is a factual, regulatory filing (Schedule 13G) disclosing beneficial ownership. It contains no subjective language, financial performance data, or strategic announcements that would indicate a positive or negative sentiment. It is purely informational.
Future Outlook
NA
Industry Context
This filing reflects a significant institutional investment firm's continued substantial stake in a regional bank. Such filings are routine disclosures for large asset managers like BlackRock, indicating their portfolio holdings and not necessarily a strategic move related to the banking industry's broader trends, beyond maintaining a position in a financial sector company.
Stakeholder Impact
- This filing primarily impacts shareholders of Northfield Bancorp, Inc. by providing transparency on a significant institutional investor's stake, which can influence market perception and liquidity.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Date of previous Power of Attorney that was revoked by the new one. |
| 2024-12-31 | Date of event which requires the filing of this statement (reporting period end date). |
| 2025-01-21 | Date of execution of the new Power of Attorney by BlackRock, Inc. |
| 2025-02-03 | Date of filing of the Schedule 13G Amendment No. 3. |
Keywords
BlackRock, Northfield Bancorp, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Investment Management, Financial Services, Banking
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.