SCHEDULE 13G/A: BlackRock Amends Stake in Univest Financial Corp, Disclosing 8.5% Beneficial Ownership

BlackRock, Inc. has filed an amended Schedule 13G, revealing a beneficial ownership of 8.5% in Univest Financial Corp's common stock as of March 31, 2025.

Summary

• BlackRock, Inc. reported beneficial ownership of 2,453,670 shares of Univest Financial Corp's common stock.
• This ownership represents 8.5% of the class of securities.
• BlackRock holds sole voting power over 2,396,783 shares and sole dispositive power over 2,453,670 shares.
• The filing is an Amendment No. 2 to Schedule 13G, indicating a passive investment position.
• BlackRock certified 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 Univest Financial Corp.
• Several BlackRock subsidiaries, including BlackRock Investment Management, LLC, are identified as entities that beneficially own shares, with BlackRock Investment Management, LLC owning 5% or greater of the outstanding shares.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not inherently convey positive or negative sentiment regarding the issuer's performance or outlook. It simply confirms a significant institutional holding.

Future Outlook

This Schedule 13G filing is a disclosure of current ownership and does not contain any forward-looking statements or guidance regarding Univest Financial Corp's future performance or BlackRock's investment strategy beyond the certification of passive intent.

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

This filing reflects a standard disclosure by a large institutional asset manager, BlackRock, regarding its significant, passive investment in a financial services company, Univest Financial Corp. It indicates BlackRock's continued presence as a major shareholder, a common occurrence for widely held public companies.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake in the company, confirming BlackRock's continued passive ownership.

Key Dates

Keywords

BlackRock, Univest Financial Corp, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Passive Investment, SEC Filing