SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Maintain 9.9% Passive Stake in Cadre Holdings Inc.

FMR LLC and its Chairman and CEO, Abigail P. Johnson, have filed an amendment to their Schedule 13G, confirming their continued passive beneficial ownership of 9.9% of Cadre Holdings Inc.'s common stock as of March 31, 2025.

Summary

• FMR LLC and Abigail P. Johnson collectively beneficially own 4,009,204.05 shares of Cadre Holdings Inc. common stock.
• This ownership represents 9.9% of the total outstanding common stock of Cadre Holdings Inc.
• FMR LLC holds sole voting power over 4,008,926.00 shares and sole dispositive power over 4,009,204.05 shares.
• Abigail P. Johnson holds sole dispositive power over 4,009,204.05 shares, with no sole or shared voting power directly attributed to her in this filing.
• The filing is an Amendment No. 4 to Schedule 13G, indicating ongoing passive investment disclosure.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Cadre Holdings Inc.
• FMR LLC is classified as a parent holding company or control person, and Abigail P. Johnson is an individual reporting person.
• Several FMR LLC subsidiaries and affiliates, including Fidelity Management & Research Company LLC, are identified as entities beneficially owning shares, with Fidelity Management & Research Company LLC owning 5% or greater.
• Abigail P. Johnson, as Director, Chairman, and CEO of FMR LLC, along with other Johnson family members, are considered a controlling group with respect to FMR LLC through their ownership of Series B voting common shares and a shareholders' voting agreement.

Sentiment

Score: 6

Explanation: The sentiment is moderately positive as a major institutional investor maintains a significant stake, indicating continued confidence, and the filing is routine with no negative surprises.

Positives

• The continued significant stake (9.9%) by a major institutional investor like FMR LLC may signal ongoing confidence in Cadre Holdings Inc.'s long-term prospects.
• The passive nature of the investment, as stated in the filing, suggests stability and no immediate intent to influence company control, which can be reassuring to other investors.

Risks

• The filing explicitly states that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer, mitigating immediate control-related risks from this specific filing.

Future Outlook

This Schedule 13G filing does not contain any forward-looking statements or guidance regarding Cadre Holdings Inc.'s future performance or strategic direction, as it pertains solely to beneficial ownership disclosure.

Industry Context

This filing reflects a routine disclosure of a significant passive ownership stake by a large asset management firm in a publicly traded company. Such disclosures are common in the financial industry, providing transparency on institutional holdings and their investment intent.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's stake and passive investment intent, which can influence investor perception and confidence.

Key Dates

Recommendation

Keywords

Cadre Holdings Inc., FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, Passive Investment, SEC Filing