SCHEDULE: FMR LLC Discloses 10.2% Stake in DXP Enterprises

FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, reporting a 10.2% beneficial ownership stake in DXP Enterprises Inc./TX.

Summary

• FMR LLC and Abigail P. Johnson, through various subsidiaries, beneficially own 1,600,422 shares of DXP Enterprises Inc./TX common stock.
• This ownership represents 10.2% of the company's total outstanding common stock.
• FMR LLC holds sole voting power over 1,598,199 shares and sole dispositive power over 1,600,422 shares.
• Abigail P. Johnson, as a control person of FMR LLC, is deemed to beneficially own the same 1,600,422 shares, with sole dispositive power but no sole voting power.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of DXP Enterprises.
• Key FMR LLC subsidiaries involved in this beneficial ownership include FIAM LLC, Fidelity Institutional Asset Management Trust Company, Fidelity Management & Research Company LLC, and Strategic Advisers LLC, with Fidelity Management & Research Company LLC beneficially owning 5% or more of the outstanding shares.

Sentiment

Score: 5

Explanation: This is a factual disclosure of beneficial ownership and does not inherently carry positive or negative sentiment regarding the issuer's performance or prospects.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake, which can influence market perception and liquidity.

Key Dates

Keywords

DXP Enterprises, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Investment Management