SCHEDULE 13G/A: BlackRock Amends Stake in Rayonier Advanced Materials, Disclosing 7.1% Passive Ownership

BlackRock, Inc. has filed an amended Schedule 13G, revealing a 7.1% beneficial ownership stake in Rayonier Advanced Materials Inc. as of March 31, 2025.

Summary

• BlackRock, Inc. filed Amendment No. 14 to Schedule 13G, reporting its beneficial ownership in Rayonier Advanced Materials Inc. Common Stock.
• As of March 31, 2025, BlackRock, Inc. beneficially owns an aggregate of 4,699,891 shares of Rayonier Advanced Materials Inc.
• This ownership represents 7.1% of the total outstanding Common Stock of Rayonier Advanced Materials Inc.
• BlackRock holds sole voting power over 4,609,430 shares and sole dispositive power over 4,699,891 shares.
• The filing states that these securities are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
• No single person's interest (referring to BlackRock's clients or funds) in the common stock of Rayonier Advanced Materials Inc. is more than five percent of the total outstanding common shares.

Sentiment

Score: 5

Explanation: Neutral. A Schedule 13G filing is a routine disclosure of passive ownership and does not inherently convey positive or negative sentiment about the issuer's performance or prospects.

Future Outlook

NA

Management Comments

• "In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the 'Reporting Business Units') of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release."
• "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 shareholder's passive stake, which can offer a degree of stability or confidence.
• Management: Awareness of a large, passive institutional holder, which typically implies less direct engagement on operational matters but still represents a significant portion of the shareholder base.

Key Dates

Keywords

BlackRock, Rayonier Advanced Materials, RYAM, Schedule 13G, beneficial ownership, common stock, institutional investor, passive investment, SEC filing, ownership disclosure