SCHEDULE 13G/A: Vanguard Group Amends Schedule 13G, Disclosing 6.14% Passive Stake in Varex Imaging Corp

The Vanguard Group has filed an amended Schedule 13G, reporting a 6.14% beneficial ownership stake in Varex Imaging Corp as of December 31, 2024.

Summary

• The Vanguard Group, a major investment adviser, has filed an Amendment No. 10 to its Schedule 13G regarding its beneficial ownership in Varex Imaging Corp.
• As of December 31, 2024, The Vanguard Group beneficially owns an aggregate of 2,533,715 shares of Varex Imaging Corp's Common Stock.
• This ownership represents 6.14% of the class of securities.
• The Vanguard Group holds sole voting power over 0 shares and shared voting power over 55,062 shares.
• They hold sole dispositive power over 2,441,130 shares and shared dispositive power over 92,585 shares.
• The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: This is a routine disclosure of passive ownership by a large institutional investor, indicating a neutral sentiment regarding the company's operational performance or strategic direction. It is a standard regulatory filing.

Positives

• The disclosure of a significant passive stake by a large, reputable institutional investor like The Vanguard Group can be viewed as a vote of confidence in the company's long-term prospects by a major market participant.
• The filing confirms that Vanguard's holding is for investment purposes in the ordinary course of business, not for control, which suggests stability in the ownership structure.

Future Outlook

This Schedule 13G filing does not contain any forward-looking statements or guidance regarding Varex Imaging Corp's future performance or strategic direction. It solely pertains to the beneficial ownership stake held by The Vanguard Group.

Industry Context

This filing is a routine disclosure by a major asset manager, The Vanguard Group, indicating its passive investment in Varex Imaging Corp, a company operating in the medical imaging industry. Such institutional holdings are common and reflect the inclusion of Varex Imaging in various index funds and actively managed portfolios.

Stakeholder Impact

• Shareholders: Provides transparency regarding the ownership structure of Varex Imaging Corp, confirming a significant passive stake held by a major institutional investor.

Key Dates

Keywords

Varex Imaging Corp, Vanguard Group, Schedule 13G, beneficial ownership, common stock, institutional investor, SEC filing, passive investment, medical imaging