Vanguard Portfolio Management (NYSE: PTEN) reports 27.2M-share, 7.16% holding

Rhea-AI Filing Summary

Patterson-UTI Energy Inc: Schedule 13G filing showing a 7.16% passive stake. Vanguard Portfolio Management reports beneficial ownership of 27,192,996 shares of common stock as of 03/31/2026, with 133,438 shares of sole voting power and sole dispositive power over all 27,192,996 shares. The filing is signed on 04/29/2026.

Insights

Institutional Ownership Analyst

Large passive stake disclosed by Vanguard Portfolio Management.

Vanguard Portfolio Management reports 27,192,996 shares representing 7.16% of Patterson-UTI Energy common stock as of 03/31/2026. The filing indicates dispositive control by the reporting manager over these shares while voting power is limited to 133,438 shares.

Ownership is reported on behalf of managed funds and accounts under the Investment Company Act; cash‑flow treatment and sale intentions are not stated in the excerpt. Subsequent filings could show changes in voting or disposition, but timing is not provided in the excerpt.

Key Figures

Beneficially owned shares: 27,192,996 shares Percent of class: 7.16% Sole voting power: 133,438 shares +3 more

6 metrics

Beneficially owned shares 27,192,996 shares reported as of 03/31/2026

Percent of class 7.16% percent of common stock outstanding

Sole voting power 133,438 shares sole power to vote or direct the vote

Sole dispositive power 27,192,996 shares sole power to dispose or direct disposition

Filing type Schedule 13G passive beneficial ownership disclosure

Signature date 04/29/2026 date the form was signed

Key Terms

Schedule 13G, Beneficial ownership, Sole dispositive power, Investment Company Act

4 terms

Schedule 13G regulatory

"Schedule 13G filing showing a 7.16% passive stake"

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: 27192996"

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: 27192996"

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.

Investment Company Act regulatory

"investment companies registered under the Investment Company Act of 1940"

The Investment Company Act is a law that sets rules for businesses whose main activity is managing and selling pooled money, such as mutual funds and other investment funds. It matters to investors because it requires clear reporting, limits managers from putting their own interests ahead of clients, and mandates safekeeping and oversight of assets—similar to safety inspections and traffic rules that help keep shared vehicles reliable and trustworthy.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/29/2026 - 02:48 PM Learn about SEC filing dates

FAQ

What stake does Vanguard Portfolio Management report in PTEN?

Vanguard Portfolio Management reports beneficial ownership of 27,192,996 shares of PTEN common stock, representing 7.16% of the class as of 03/31/2026. The filing identifies dispositive power over these shares and limited sole voting power.

Does Vanguard control voting for the shares of PTEN?

The filing shows Vanguard has sole voting power for 133,438 shares and sole dispositive power for 27,192,996 shares. Shared voting and dispositive powers are reported as zero in the provided excerpt.

Was the Schedule 13G for PTEN filed as passive or active ownership?

The excerpt is a Schedule 13G statement, used for passive or non‑control holdings under SEC rules; the filing text attributes ownership to managed funds and accounts rather than an intent to control Patterson-UTI Energy.

On what date is the ownership figure reported for PTEN?

The beneficial ownership number of 27,192,996 shares is reported as of 03/31/2026. The Schedule 13G is signed on 04/29/2026, which is the signature date included in the excerpt.

Who signed the PTEN Schedule 13G for Vanguard Portfolio Management?

The filing is signed by Ashley Grim, identified as Head of Global Fund Administration, on 04/29/2026, attesting to the reported beneficial ownership on behalf of Vanguard Portfolio Management.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Patterson-UTI Energy Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

703481101

(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

CUSIP Number(s): 703481101

1

Names of Reporting Persons

Vanguard Portfolio Management

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 133,438.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 27,192,996.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

27,192,996.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.16 %

12

Type of Reporting Person (See Instructions)

IA

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 Portfolio Management LLC and the following affiliates of Vanguard Portfolio Management LLC or business divisions of such affiliates: Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC. This Schedule 13G includes securities held by Vanguard funds, or sleeves thereof, over which Vanguard Portfolio 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 Portfolio 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

Item 1.
(a)	Name of issuer: Patterson-UTI Energy Inc
(b)	Address of issuer's principal executive offices: 10713 West Sam Houston Parkway, Suite 800, Houston, TX, 77064
Item 2.
(a)	Name of person filing: Vanguard Portfolio Management
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd,, Malvern, PA, 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP Number(s): 703481101
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 27192996
(b)	Percent of class: 7.16 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 133438
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 27192996
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Vanguard Portfolio Management, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein.No one other person's interest in the securities reported herein is more than 5%.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Vanguard Portfolio Management

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	04/29/2026