BlackRock, Inc. Increases Stake in Baxter International Inc. to 6.4%
On April 27, 2026, BlackRock, Inc. filed a Schedule 13G/A (Amendment No. 12) with the SEC, reporting a significant position in Baxter International Inc. (BAX). As of the event date on March 31, 2026, BlackRock beneficially owns 33,109,852 shares of common stock, representing a 6.4% ownership stake in the company. This filing indicates an increase from the previously reported 0.0% position in the provided metadata, though it marks a continuation of their long-term institutional holding. The filing specifies that BlackRock holds sole dispositive power over all 33,109,852 shares and sole voting power over 31,357,784 shares. The securities were acquired in the ordinary course of business and not with the intent to influence or change the control of the issuer. BlackRock filed as a parent holding company on behalf of various subsidiaries. No individual client's interest in the common stock exceeds five percent of the total outstanding shares. The filing was signed by Spencer Fleming, Managing Director.