Vanguard disaggregates holdings; reports 0% stake in Zoetis (ZTS)

Rhea-AI Filing Summary

Zoetis Inc. Schedule 13G/A amendment shows The Vanguard Group reports no beneficial ownership of Zoetis common stock. The filing, labeled Amendment No. 11, explains an internal realignment effective January 12, 2026 that led certain Vanguard subsidiaries to report holdings separately. The filing states 0 shares beneficially owned and 0% of the class, and is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026. The issuer address is listed as 10 Sylvan Way, Parsippany, NJ.

Insights

Institutional Ownership Analyst

Vanguard's internal realignment produced separate reporting; Zoetis stake is reported as zero.

The filing documents that, following the January 12, 2026 realignment, certain Vanguard subsidiaries now report disaggregated positions under SEC Release No. 34-39538. The Schedule 13G/A shows 0% beneficial ownership and zero voting and dispositive power.

Practical implication: holdings previously attributed to The Vanguard Group may now appear under subsidiary filings. Subsequent filings from Vanguard entities should be checked for any nonzero positions attributed to those subsidiaries.

Securities Compliance Attorney

Amendment cites SEC release and clarifies beneficial ownership attribution after reorganization.

The submission relies on SEC Release No. 34-39538 to justify separate reporting by subsidiaries; it affirms that The Vanguard Group "no longer has, or is deemed to have, beneficial ownership" of securities held by those units. The filing records 0 shares and 0% of the class.

Compliance note: this is a disclosure adjustment tied to internal structure. Review related 13G/A or 13D filings from Vanguard affiliates for any transferred beneficial positions to understand aggregate institutional exposure.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 11)

Zoetis Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

98978V103

(CUSIP Number)

03/13/2026

(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): 98978V103

1

Names of Reporting Persons

The Vanguard Group

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 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

0 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment. Further in accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Zoetis Inc
(b)	Address of issuer's principal executive offices: 10 Sylvan Way, Parsippany, NJ, 07054
Item 2.
(a)	Name of person filing: The Vanguard Group
(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 No.:
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: 0
(b)	Percent of class: 0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
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. The Vanguard Group, 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.

The Vanguard Group

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	03/27/2026

FAQ

Does The Vanguard Group own any Zoetis (ZTS) shares after this amendment?

No. The Schedule 13G/A amendment states The Vanguard Group beneficially owns 0 shares, representing 0% of the class, as reported in the filing dated 03/27/2026.

Why does Vanguard say subsidiaries will report separately for ZTS?

Because of an internal realignment. The filing references the January 12, 2026 realignment and SEC Release No. 34-39538, directing certain subsidiaries to report beneficial ownership on a disaggregated basis.

Who signed the Schedule 13G/A amendment for Vanguard on Zoetis?

Ashley Grim signed the amendment. The filing is signed by Ashley Grim, Head of Global Fund Administration, with signature date 03/27/2026, attesting to the ownership statements in the submission.

Should investors expect a change in reported institutional holdings for ZTS?

Possibly in subsidiary filings. This amendment shifts reporting to Vanguard subsidiaries; associated 13G/A filings from those affiliates may show positions previously aggregated under The Vanguard Group.

What voting or dispositive power does Vanguard report for ZTS here?

None. The filing shows 0 shares for sole or shared voting power and 0 shares for sole or shared dispositive power, per the Schedule 13G/A.