SCHEDULE 13G/A: T. Rowe Price Associates Updates Significant Stake in Weatherford International PLC
Beneficial Ownership Report
T. Rowe Price Associates, Inc. has filed an Amendment No. 4 to Schedule 13G, reporting a 6.2% beneficial ownership stake in Weatherford International PLC as of March 31, 2025.
Summary
- T. Rowe Price Associates, Inc. filed an Amendment No. 4 to Schedule 13G regarding its beneficial ownership of common stock in Weatherford International PLC.
- As of March 31, 2025, T. Rowe Price Associates, Inc. beneficially owns an aggregate of 4,509,842 shares of Weatherford International PLC common stock.
- This ownership represents 6.2% of the total class of Weatherford International PLC's common stock.
- T. Rowe Price Associates, Inc. holds sole voting power over 4,355,070 shares and sole dispositive power over 4,464,029 shares.
- The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: The document is a factual, routine regulatory filing about beneficial ownership and does not contain information that would inherently be considered positive or negative for the company's operational performance or outlook.
Positives
- The filing indicates that a major institutional investor, T. Rowe Price Associates, Inc., maintains a significant 6.2% stake in Weatherford International PLC.
- The securities are certified to be held in the ordinary course of business, not for the purpose of influencing control, which suggests a stable, long-term investment perspective from this holder.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of an institutional investor's beneficial ownership stake in a publicly traded company within the oil and gas services industry. It does not provide broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: Provides transparency regarding the ownership structure and the significant stake held by a major institutional investor, T. Rowe Price Associates, Inc.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event which requires filing of this statement (beneficial ownership calculation date) |
| 05/14/2025 | Date of signing of the Schedule 13G Amendment No. 4 |
Keywords
Weatherford International PLC, T. Rowe Price Associates, Schedule 13G, beneficial ownership, common stock, institutional investor, SEC filing, G48833118
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