SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Disclose 12.1% Passive Stake in Capri Holdings Ltd

Sentiment:

Beneficial Ownership Report


FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, reporting a 12.1% beneficial ownership stake in Capri Holdings Ltd as of February 28, 2025.

Summary

  • FMR LLC and Abigail P. Johnson collectively beneficially own 14,253,740.16 shares of Capri Holdings Ltd's common stock.
  • This ownership represents 12.1% of the total outstanding common stock of Capri Holdings Ltd.
  • FMR LLC holds sole voting power over 13,742,060.88 shares and sole dispositive power over 14,253,740.16 shares.
  • Abigail P. Johnson holds sole dispositive power over 14,253,740.16 shares.
  • The filing states that 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 the issuer.
  • This document is an Amendment No. 1 to a previously filed Schedule 13G.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of a significant passive ownership stake by a major institutional investor in a publicly traded company within the luxury fashion industry. It does not provide specific insights into broader industry trends or competitive dynamics, but rather reflects an investment decision by FMR LLC.

Stakeholder Impact

  • This filing informs shareholders and the market about a significant passive ownership stake held by FMR LLC and Abigail P. Johnson, providing transparency regarding the company's ownership structure.

Key Dates

DateDescription
January 3, 2023Effective date of Power of Attorney for FMR LLC.
January 26, 2023Effective date of Power of Attorney for Abigail P. Johnson.
February 28, 2025Date of event which requires filing of this statement.
March 6, 2025Signature date of the Schedule 13G filing.

Keywords

Capri Holdings Ltd, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Investment, Passive Stake, SEC Filing

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.