BlackRock, Inc. (ORA) discloses 7.7M-share, 12.5% beneficial stake in Ormat
Rhea-AI Filing Summary
BlackRock, Inc. reports beneficial ownership of common stock of Ormat Technologies, Inc. on an amended Schedule 13G. BlackRock reports beneficial ownership of 7,710,547 shares, representing 12.5% of Ormat’s common stock. It has sole voting power over 7,545,995 shares and sole dispositive power over 7,710,547 shares, with no shared voting or dispositive power. Various underlying clients have economic interests in these shares, but no single client holds more than five percent of Ormat’s outstanding common shares. The filing is signed by a BlackRock managing director.
Positive
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Negative
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Key Figures
Beneficial ownership stake: 12.5 %
Shares beneficially owned: 7,710,547 shares
Sole voting power: 7,545,995 shares
+3 more
6 metrics
Beneficial ownership stake
12.5 %
Percent of Ormat Technologies, Inc. common stock class reported by BlackRock, Inc.
Shares beneficially owned
7,710,547 shares
Amount of Ormat Technologies, Inc. common stock beneficially owned by BlackRock, Inc.
Sole voting power
7,545,995 shares
Number of Ormat Technologies, Inc. shares over which BlackRock, Inc. has sole voting power
Shared voting power
0 shares
Number of Ormat Technologies, Inc. shares over which BlackRock, Inc. has shared voting power
Sole dispositive power
7,710,547 shares
Number of shares over which BlackRock, Inc. has sole power to dispose
CUSIP
686688102
CUSIP number for Ormat Technologies, Inc. common stock
Key Terms
beneficially owned, sole voting power, sole dispositive power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"this reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"Sole Voting Power 7,545,995.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"Sole Dispositive Power 7,710,547.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"In accordance with SEC Release No. 34-39538 (January 12, 1998), this reflects the securities"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
percent of class financial
"Percent of class: 12.5 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of ORA common stock does BlackRock, Inc. report owning in this Schedule 13G/A?
BlackRock, Inc. reports beneficial ownership of 12.5% of Ormat Technologies, Inc. (ORA) common stock. This corresponds to 7,710,547 shares of common stock as disclosed under Item 4 of the ownership section.
What type of SEC filing did BlackRock, Inc. submit regarding ORA and what does it cover?
BlackRock, Inc. submitted an amended Schedule 13G regarding Ormat Technologies, Inc. common stock. It reports passive beneficial ownership details, including total shares owned, percentage of class, and BlackRock’s sole voting and dispositive powers.