FMR LLC & Abigail Johnson Maintain 14.038% Stake in Helen of Troy
Ticker: HELE · Form: SC 13G/A · Filed: Feb 9, 2024 · CIK: 916789
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**FMR LLC and Abigail Johnson still own 14.038% of Helen of Troy, showing continued big-money confidence.**
AI Summary
FMR LLC, a major investment firm, and its principal owner, Abigail P. Johnson, have updated their ownership stake in Helen of Troy Ltd (HELE) to 14.038% as of February 9, 2024. This represents beneficial ownership of 3,333,213 shares of common stock. This filing, an amendment to a previous SC 13G, indicates a significant, stable institutional holding, which can be a positive signal for investors as it suggests long-term confidence from a large fund.
Why It Matters
Large institutional ownership, like FMR LLC's 14.038% stake, can provide stability to a stock and signal confidence to other investors, potentially influencing its perceived value.
Risk Assessment
Risk Level: low — This filing indicates a stable, significant institutional holding, which generally reduces risk by showing long-term investor confidence.
Analyst Insight
Investors should note the continued significant institutional ownership by FMR LLC, which suggests a stable, long-term investment perspective from a major fund. This could be a positive indicator for the stock's stability, but further research into Helen of Troy's fundamentals is always recommended.
Key Numbers
- 3,333,213 — Shares Beneficially Owned (Represents the total common stock shares FMR LLC and Abigail P. Johnson beneficially own in Helen of Troy Ltd.)
- 14.038% — Percent of Class (Indicates the significant portion of Helen of Troy Ltd's common stock owned by FMR LLC and Abigail P. Johnson.)
Key Players & Entities
- FMR LLC (company) — reporting person and parent holding company
- Abigail P. Johnson (person) — reporting person, principal owner of FMR LLC
- HELEN OF TROY LTD (company) — the issuer of the common stock
- 3,333,213 (dollar_amount) — number of shares beneficially owned by FMR LLC and Abigail P. Johnson
- 14.038% (dollar_amount) — percentage of class beneficially owned by FMR LLC and Abigail P. Johnson
Forward-Looking Statements
- FMR LLC will likely maintain a significant stake in Helen of Troy Ltd for the foreseeable future. (FMR LLC) — high confidence, target: 2025-02-09
FAQ
Who are the primary reporting persons in this SC 13G/A filing for Helen of Troy Ltd?
The primary reporting persons are FMR LLC and Abigail P. Johnson, as stated in Item 1 of their respective sections on the cover page.
What is the total number of common stock shares of Helen of Troy Ltd beneficially owned by FMR LLC and Abigail P. Johnson?
Both FMR LLC and Abigail P. Johnson beneficially own 3,333,213 shares of common stock, as indicated in Item 7 on their respective cover pages and Item 4(a) for FMR LLC.
What percentage of Helen of Troy Ltd's common stock class do FMR LLC and Abigail P. Johnson collectively own?
They collectively own 14.038% of the common stock class, as shown in Item 11 on their respective cover pages and Item 4(b) for FMR LLC.
What is the CUSIP number for Helen of Troy Ltd's common stock mentioned in this filing?
The CUSIP number for Helen of Troy Ltd's common stock is G4388N106, as stated in the filing's header and Item 2(e).
What rule is FMR LLC filing this Schedule 13G/A pursuant to?
FMR LLC is filing this statement pursuant to Rule 13d-1(b), as indicated by the checked box on the cover page and Item 3.
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 HELEN OF TROY LTD (HELE).