SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Disclose 6.4% Passive Stake in Acuity Brands Inc.
Beneficial Ownership Statement
FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, reporting a passive beneficial ownership of 6.4% in Acuity Brands Inc. as of December 31, 2024.
Summary
- FMR LLC and Abigail P. Johnson jointly reported beneficial ownership of 1,997,089.86 shares of Acuity Brands Inc. common stock.
- This aggregate amount represents 6.4% of the outstanding class of securities.
- FMR LLC holds sole voting power over 1,895,987.56 shares and sole dispositive power over 1,997,089.86 shares.
- Abigail P. Johnson holds sole dispositive power over 1,997,089.86 shares, with no sole or shared voting power.
- The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Acuity Brands Inc.
- FMR LLC is identified as a parent holding company or control person, with several subsidiaries classified as investment advisers or banks, including Fidelity Management & Research Company LLC, which beneficially owns 5% or greater of the outstanding shares.
- Abigail P. Johnson, as Director, Chairman, and CEO of FMR LLC, and other Johnson family members, are predominant owners of FMR LLC's Series B voting common shares, potentially forming a controlling group with respect to FMR LLC.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, providing neutral information without positive or negative implications for the company's performance or outlook.
Positives
- Increased transparency regarding significant institutional ownership in Acuity Brands Inc.
- The filing indicates a passive investment intent, suggesting stability in the ownership structure without immediate control ambitions.
Future Outlook
The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer.
Stakeholder Impact
- Shareholders: Provides transparency on a significant institutional holder, potentially signaling confidence from a major investment firm.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC. |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2024-12-31 | Date of event which requires filing of this statement (reporting period end). |
| 2025-02-11 | Signature date of the Schedule 13G filing. |
Keywords
Acuity Brands Inc, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing, Passive Investment
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