SCHEDULE: Fossil Group Stakeholder Filing: Miller Value Partners

Miller Value Partners, LLC and William H. Miller IV report a 4.156% stake in Fossil Group, Inc. common stock as of February 12, 2026.

Summary

• Miller Value Partners, LLC, an investment adviser, and its control person, William H. Miller IV, have jointly filed a Schedule 13G.
• This filing indicates beneficial ownership of 2,425,185 shares of Fossil Group, Inc. common stock.
• This holding represents 4.156% of the class of securities.
• The shares are held on behalf of various client accounts managed by Miller Value Partners, LLC.
• No single client account individually owns more than 5% of the outstanding shares.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it indicates a significant investment by a professional asset manager, suggesting potential confidence in Fossil Group's value, without providing operational performance data.

Positives

• Miller Value Partners, LLC, a registered investment adviser, has taken a significant stake in Fossil Group, Inc., indicating confidence in the company's potential.
• The aggregate beneficial ownership of 4.156% suggests a notable investment position.

Negatives

• The filing does not contain any negative financial results or operational challenges for Fossil Group, Inc. itself, as it is a disclosure of beneficial ownership.

Risks

• The filing does not explicitly mention any risks related to Fossil Group, Inc.'s operations or financial health. The risks associated with this filing are primarily related to the investment itself, such as market fluctuations affecting the value of the shares held.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance from Fossil Group, Inc. The future outlook for the investment depends on market conditions and the performance of Fossil Group, Inc.

Management Comments

• "2,425,185 shares of common stock are owned by clients of Miller Value Partners, LLC, a registered investment adviser. William H. Miller IV is the control person of Miller Value Partners, LLC and therefore deemed to be beneficial owner of same."
• "Various accounts managed by Miller Value Partners, LLC have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of such securities. No such account individually owns more than 5% of the outstanding shares."
• "I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11."

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by Miller Value Partners, LLC, a known investment manager, indicates a significant passive investment in Fossil Group, Inc. Such filings often signal institutional interest and can precede further strategic moves or simply reflect a portfolio allocation decision within the broader retail and fashion accessories industry.

Stakeholder Impact

• Shareholders: The filing may signal increased institutional interest, potentially influencing share price. It also confirms a significant passive stake held by Miller Value Partners, LLC.
• Management of Fossil Group, Inc.: Awareness of a substantial passive investor may influence strategic discussions and investor relations efforts.
• Creditors: A stable or increasing institutional investor base can be viewed positively, potentially impacting perceived company stability.

Next Steps

• Monitor future filings by Miller Value Partners, LLC for any changes in their stake in Fossil Group, Inc.
• Observe Fossil Group, Inc.'s future financial reports and strategic announcements for performance indicators.

Key Dates

Keywords

Fossil Group, Schedule 13G, Miller Value Partners, William H. Miller IV, Beneficial Ownership, Investment Adviser, Common Stock, SEC Filing