BlackRock, Inc. Reports Significant 14.5% Ownership Stake in Astec Industries, Inc. (ASTE)

BlackRock, Inc. has filed an amended Schedule 13G (Amendment No. 5) for Astec Industries, Inc. (ASTE), reporting a significant increase in its beneficial ownership. As of March 31, 2026, BlackRock holds 3,321,688 shares of common stock, representing a 14.5% stake in the company. This is a substantial increase from the previously reported 0.0% ownership position. Out of the total shares held, BlackRock has sole voting power over 3,285,294 shares and sole dispositive power over the full 3,321,688 shares. The filing identifies the iShares Core S&P Small-Cap ETF as having an interest in more than 5% of the total outstanding common stock. The acquisition was made in the ordinary course of business, without the intent to influence or change the control of the issuer. The reporting entity is a parent holding company based in Delaware, with principal offices located in New York. This filing underscores BlackRock's growing institutional position in the construction and mining equipment manufacturer.