SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Amend Beneficial Ownership in Fluor Corp, Holding 4.5% Stake

FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, disclosing their beneficial ownership of 4.5% of Fluor Corp New's common stock as of March 31, 2025.

Summary

• FMR LLC and Abigail P. Johnson, through an amended Schedule 13G filing (Amendment No. 4), reported beneficial ownership of 7,643,935.46 shares of Fluor Corp New's common stock.
• This represents 4.5% of the total outstanding common stock of Fluor Corp New.
• FMR LLC holds sole voting power over 7,594,865.56 shares and sole dispositive power over 7,643,935.46 shares.
• Abigail P. Johnson holds sole dispositive power over 7,643,935.46 shares.
• The filing confirms 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 Fluor Corp New.
• FMR LLC is classified as a parent holding company, and Abigail P. Johnson is an individual reporting person.
• Several FMR LLC subsidiaries, including FIAM LLC, Fidelity Diversifying Solutions LLC, Fidelity Management & Research Company LLC, Fidelity Management Trust Company, and Strategic Advisers LLC, are identified as entities beneficially owning shares.

Sentiment

Score: 5

Explanation: The document is a factual, routine disclosure of beneficial ownership, carrying a neutral sentiment as it does not discuss company performance or strategic changes.

Risks

• The Johnson family, including Abigail P. Johnson, holds 49% of the voting power of FMR LLC through Series B voting common shares and a shareholders' voting agreement, which could be deemed to form a controlling group with respect to FMR LLC under the Investment Company Act of 1940.

Future Outlook

NA

Industry Context

This filing reflects a passive investment stake by a major asset manager (FMR LLC, parent of Fidelity Investments) in Fluor Corp New, a company likely operating in the engineering, procurement, and construction (EPC) industry. Such filings are routine disclosures for large institutional investors maintaining positions below the 5% threshold for active influence.

Stakeholder Impact

• This filing primarily impacts shareholders by providing transparency on significant institutional ownership. As a passive stake, it is unlikely to have direct immediate impacts on employees, customers, suppliers, or creditors of Fluor Corp New.

Key Dates

Keywords

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