SCHEDULE: One Equity Partners Maintains 11.7% Stake in AdaptHealth

One Equity Partners and its affiliates have filed an Amendment No. 4 to Schedule 13D, disclosing a continued beneficial ownership of 11.7% in AdaptHealth Corp. common stock.

Summary

• OEP AHCO Investment Holdings, LLC and its affiliated entities (collectively, 'Reporting Persons') beneficially own 15,864,871 shares of AdaptHealth Corp. Common Stock.
• This ownership represents approximately 11.7% of the total outstanding Common Stock of AdaptHealth Corp.
• The percentage is calculated based on 135,914,816 shares of Common Stock outstanding as of February 20, 2026, as reported in AdaptHealth's Form 10-K filed on February 24, 2026.
• Richard Cashin, through his role on the investment committee of OEP VII GP, may be deemed to have voting and investment discretion over these securities.
• The Reporting Persons acquired shares of Common Stock in market transactions within the prior 60 days, as detailed in Exhibit 7 (not provided in this excerpt).

Sentiment

Score: 6

Explanation: StockSavvy.ai views this filing as moderately positive. The continued significant stake and recent acquisition activity by a major private equity firm like One Equity Partners signals ongoing confidence in AdaptHealth Corp., which can be a reassuring sign for investors.

Positives

• A significant institutional investor, One Equity Partners, maintains a substantial 11.7% stake in AdaptHealth Corp., indicating continued confidence in the company.
• Recent market acquisitions by the Reporting Persons within the last 60 days suggest ongoing interest and potential accumulation of shares.

Negatives

• NA

Risks

• NA

Future Outlook

NA

Industry Context

StockSavvy.ai notes that private equity firms like One Equity Partners often take significant stakes in companies within sectors they believe have strong growth potential, such as healthcare. Their continued substantial ownership and recent acquisitions in AdaptHealth Corp., a provider of home medical equipment, suggest a positive long-term view on the company's position within the evolving healthcare services landscape, particularly in the home care segment.

Stakeholder Impact

• Shareholders: The continued significant ownership by a major institutional investor may be viewed positively, suggesting stability and confidence in the company's long-term prospects.
• Company Management: The presence of a large, active institutional investor like One Equity Partners can influence strategic decisions and corporate governance.

Key Dates

Recommendation

The filing indicates a significant institutional investor, One Equity Partners, maintains a substantial 11.7% stake in AdaptHealth Corp. and has recently acquired more shares. This suggests continued confidence from a sophisticated investor. However, without additional financial performance data or explicit strategic intentions from the filing, a 'hold' recommendation is prudent, acknowledging the positive signal of institutional backing while awaiting broader company updates for a stronger investment stance.

Keywords

AdaptHealth Corp, One Equity Partners, OEP AHCO Investment Holdings, Schedule 13D, Beneficial Ownership, Institutional Investor, Common Stock, Healthcare, Medical Equipment