SCHEDULE 13G/A: T. Rowe Price Associates Discloses 7.8% Stake in Weatherford International PLC
Beneficial Ownership Report
T. Rowe Price Associates, Inc. has filed a Schedule 13G, revealing a 7.8% beneficial ownership stake in Weatherford International PLC as of December 31, 2024.
Summary
- T. Rowe Price Associates, Inc. reported beneficial ownership of 5,678,153 shares of Weatherford International PLC common stock.
- This ownership represents 7.8% of the total class of Weatherford International PLC's common stock.
- T. Rowe Price Associates, Inc. holds sole voting power over 5,529,227 shares.
- T. Rowe Price Associates, Inc. holds sole dispositive power over 5,678,153 shares.
- 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 the control of Weatherford International PLC.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain qualitative statements that would indicate positive or negative sentiment regarding the issuer's performance or outlook.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Disclosure of a significant institutional stake may influence investor perception and potentially share price.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event requiring the filing of this statement, representing the beneficial ownership as of this date. |
| 02/14/2025 | Date the Schedule 13G filing was signed. |
Keywords
T. Rowe Price Associates, Weatherford International PLC, Beneficial Ownership, Schedule 13G, SEC Filing, Common Stock, Institutional Investor
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