FMR LLC & Abigail Johnson Report 7.693% Stake in ASGN Inc.
Ticker: ASGN · Form: SC 13G/A · Filed: Feb 9, 2024 · CIK: 890564
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, stake-change
TL;DR
**FMR LLC and Abigail Johnson still own 7.693% of ASGN, showing continued institutional interest.**
AI Summary
FMR LLC, a major investment firm, and its principal owner, Abigail P. Johnson, have updated their ownership stake in ASGN Inc. (ASGN). As of February 9, 2024, they collectively beneficially own 3,631,342 shares of ASGN common stock, representing 7.693% of the company. This is an amendment to a previous filing, indicating a change in their reported holdings, which matters to investors as it shows a significant institutional investor's continued, albeit slightly adjusted, confidence in ASGN.
Why It Matters
This filing shows that a large institutional investor, FMR LLC, and its leader, Abigail P. Johnson, maintain a substantial position in ASGN, which can signal stability or continued interest to other investors.
Risk Assessment
Risk Level: low — This filing is a routine update from a large institutional investor and does not indicate any immediate significant risk to ASGN shareholders.
Analyst Insight
A smart investor would note that a major institutional holder like FMR LLC continues to hold a substantial stake in ASGN, suggesting ongoing confidence, but should also monitor future filings for any significant increases or decreases in their position.
Key Numbers
- 3,631,342 — Shares Beneficially Owned (Represents the total number of ASGN shares FMR LLC and Abigail P. Johnson collectively own.)
- 7.693% — Percent of Class (Indicates the significant portion of ASGN's common stock held by these reporting persons.)
Key Players & Entities
- FMR LLC (company) — reporting person and parent holding company
- Abigail P. Johnson (person) — reporting person and principal owner of FMR LLC
- ASGN Inc. (company) — the issuer of the common stock
- 3,631,342 (dollar_amount) — number of shares beneficially owned
- 7.693% (dollar_amount) — percentage of class beneficially owned
Forward-Looking Statements
- FMR LLC will likely maintain a significant, but potentially fluctuating, stake in ASGN Inc. over the next year. (FMR LLC) — medium confidence, target: 2025-02-09
FAQ
Who are the primary reporting persons in this SC 13G/A filing for ASGN Inc.?
The primary reporting persons are FMR LLC and Abigail P. Johnson, as stated in Item 1 of the filing for both entities.
What is the total number of ASGN Inc. common shares beneficially owned by FMR LLC and Abigail P. Johnson?
According to Item 4(a) and Item 9 on the cover page for both reporting persons, they beneficially own a total of 3,631,342 shares of ASGN Inc. common stock.
What percentage of ASGN Inc.'s common stock do FMR LLC and Abigail P. Johnson collectively own?
Item 4(b) and Item 11 on the cover page for both reporting persons state that they collectively own 7.693% of ASGN Inc.'s common stock.
What rule is this Schedule 13G/A filed under?
This Schedule 13G/A is filed pursuant to Rule 13d-1(b), as indicated by the 'x' in the appropriate box on the first page of the filing.
What is the business address of the issuer, ASGN Inc.?
The business address of ASGN Inc. is 4400 Cox Road, Suite 110, Glen Allen, VA 23060 USA, as stated in Item 1(b) of the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 9, 2024 by Abigail P. Johnson regarding ASGN Inc (ASGN).