STOCK TITAN

Vanguard reports 6.58M-share stake in Provident (PFS) — 5.03% disclosed

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Vanguard Capital Management filed a Schedule 13G reporting beneficial ownership of 6,579,666 shares of Provident Financial Services Inc common stock. The stake represents 5.03% of the class and Vanguard reports sole dispositive power over 6,579,666 shares and sole voting power over 970,732 shares as of 03/31/2026. The filing is signed April 30, 2026.

Positive

  • None.

Negative

  • None.

Insights

Passive institutional holder reports a 5.03% stake with dispositive control.

Vanguard Capital Management reports beneficial ownership of 6,579,666 shares, equal to 5.03% of Provident Financial Services' common stock as of 03/31/2026. The filing indicates dispositive authority for trading decisions and partial voting control (970,732 shares).

As a Schedule 13G filing, this reflects passive or qualifying institutional ownership; subsequent filings would show any material changes in stake or voting intent.

Holder discloses voting and disposition powers; no activist intent stated.

The filing notes that Vanguard exercises dispositive power through multiple affiliated advisory entities and includes securities held for Vanguard funds and managed accounts. It also clarifies no single other person holds >5% of the reported securities.

Watch for Schedule 13D or Form 4 if voting intent or plans change; timing not specified here.

Shares beneficially owned 6,579,666 shares as of 03/31/2026
Percent of class 5.03% reported on Schedule 13G
Sole voting power 970,732 shares voting power reported by Vanguard
Sole dispositive power 6,579,666 shares ability to direct disposition
Schedule 13G regulatory
"Vanguard Capital Management filed a Schedule 13G reporting beneficial ownership"
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.
Beneficial ownership financial
"Amount beneficially owned: 6579666"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Sole dispositive power regulatory
"Sole power to dispose or to direct the disposition of: 6579666"
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.
Sole voting power regulatory
"Sole power to vote or to direct the vote: 970,732"
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.





74386T105

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard Capital Management LLC and the following affiliates of Vanguard Capital Management LLC or business divisions of such affiliates: Vanguard Asset Management Limited, Vanguard Fiduciary Trust Company, Vanguard Global Advisers, LLC and Vanguard Investments Australia Ltd. This Schedule 13G includes securities held by Vanguard funds, or sleeves thereof, over which Vanguard Capital Management LLC exercises dispositive power, in addition to securities held by clients over which the affiliates or business divisions of such affiliates indicated above exercise dispositive and/or voting power. This Schedule 13G does not include securities, if any, beneficially owned by other subsidiaries or affiliates of Vanguard Capital Management LLC, or business divisions of such subsidiaries, whose ownership of securities is disaggregated from that of the reporting business unit in accordance with such release.


SCHEDULE 13G



Vanguard Capital Management
Signature:Ashley Grim
Name/Title:Head of Global Fund Administration
Date:04/30/2026

FAQ

What stake does Vanguard Capital Management report in PFS?

Vanguard reports beneficial ownership of 6,579,666 shares of Provident Financial Services, representing 5.03% of the common stock. The position is reported on Schedule 13G with an as-of date of 03/31/2026 and signed April 30, 2026.

How much voting power does Vanguard have in Provident Financial Services (PFS)?

Vanguard reports sole voting power for 970,732 shares. The filing also shows sole dispositive power for 6,579,666 shares, indicating Vanguard can direct disposition of the full reported stake.

Does the filing indicate Vanguard plans to change Provident Financial Services' management or strategy?

No. The Schedule 13G text indicates passive/institutional ownership and lists affiliated advisory entities; it does not state activist intent, proposed transactions, or plans to influence management. Any such change would typically be disclosed in a Schedule 13D or an 8-K.

What entities are included in Vanguard's ownership disclosure for PFS?

The filing states ownership reflects Vanguard Capital Management LLC and affiliates including Vanguard Asset Management Limited, Vanguard Fiduciary Trust Company, Vanguard Global Advisers, LLC, and Vanguard Investments Australia Ltd, and includes securities held by Vanguard funds and managed accounts.