SCHEDULE: Fuller & Thaler Discloses 5.04% Stake in Hanesbrands

Fuller & Thaler Asset Management, Inc. has disclosed a 5.04% beneficial ownership stake in Hanesbrands Inc. common stock.

Summary

• Fuller & Thaler Asset Management, Inc. reported beneficial ownership of 17,832,513.65 shares of Hanesbrands Inc. common stock.
• This ownership represents 5.04% of Hanesbrands Inc.'s common stock class.
• The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Hanesbrands Inc.
• Fuller & Thaler Asset Management, Inc. acts as an investment adviser to certain persons who retain the right to receive dividends or proceeds from the sale of these securities.

Sentiment

Score: 6

Explanation: The filing is a neutral disclosure of beneficial ownership. The positive aspect is the indication of a passive, ordinary course investment by a significant asset manager, which can be seen as a vote of confidence without activist intent. No negative operational or financial information about the issuer is present.

Positives

• A significant investment adviser, Fuller & Thaler Asset Management, Inc., has taken a substantial stake, potentially indicating confidence in Hanesbrands Inc.
• The filing explicitly states the shares are held in the ordinary course of business, suggesting a passive investment rather than an activist intent to disrupt management.

Negatives

• No specific negative financial or operational details about Hanesbrands Inc. are disclosed in this ownership filing.

Risks

• No specific risks related to Hanesbrands Inc.'s operations or financial health are detailed in this ownership disclosure, as it is primarily a beneficial ownership report.

Future Outlook

NA

Industry Context

This filing reflects a significant institutional investment in the apparel and consumer goods sector, specifically in Hanesbrands Inc., a major player in activewear and innerwear. Such disclosures provide transparency into institutional investor sentiment and positioning within the industry.

Stakeholder Impact

• Shareholders: The disclosure of a significant beneficial ownership stake by an investment adviser provides transparency and may influence investor perception of the stock. It indicates a large institutional holder believes in the company's value.

Key Dates

Keywords

Hanesbrands Inc., HBI, Fuller & Thaler Asset Management, Inc., beneficial ownership, Schedule 13G, common stock, investment adviser, institutional ownership