SCHEDULE: FMR LLC Reports Passive 0.0% Stake in Helen of Troy
Beneficial Ownership Report
FMR LLC and Abigail P. Johnson have filed an amendment to their Schedule 13G, disclosing a 0.0% beneficial ownership stake in Helen of Troy Ltd. as of July 31, 2025.
Summary
- FMR LLC and Abigail P. Johnson, as reporting persons, have filed Amendment No. 33 to Schedule 13G regarding their beneficial ownership of Common Stock in HELEN OF TROY LTD.
- As of July 31, 2025, the aggregate amount beneficially owned by each reporting person is 3,259.54 shares.
- This ownership represents 0.0% of the class of securities.
- FMR LLC holds sole voting power over 1,453.00 shares and sole dispositive power over 3,259.54 shares.
- Abigail P. Johnson holds sole dispositive power over 3,259.54 shares.
- 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.
- Abigail P. Johnson is a Director, Chairman, and Chief Executive Officer of FMR LLC, with the Johnson family being predominant owners of FMR LLC's Series B voting common shares (49% voting power).
Sentiment
Score: 5
Explanation: The filing is a routine amendment to a Schedule 13G, disclosing a passive and negligible 0.0% ownership stake. It contains no information about the issuer's financial performance, strategic direction, or significant changes that would impact sentiment.
Risks
- The filing states that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer, mitigating control-related risks from this specific filing.
Future Outlook
The filing indicates that the beneficial ownership is held in the ordinary course of business and not for the purpose of influencing control of the issuer, suggesting a continued passive investment approach by the reporting persons.
Management Comments
- "By signing below 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
This filing is a routine disclosure of passive beneficial ownership, common among institutional investors like FMR LLC. It does not provide specific insights into broader industry trends or competitive dynamics for Helen of Troy Ltd., focusing solely on the reporting entity's stake.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Internal Governance Structure Disclosure (Reporting Entity) | Abigail P. Johnson is a Director, Chairman, and CEO of FMR LLC. The Johnson family, including Abigail P. Johnson, are predominant owners (49% voting power) of FMR LLC's Series B voting common shares and have a shareholders' voting agreement, which may deem them a controlling group with respect to FMR LLC under the Investment Company Act of 1940. | N/A | This describes the internal control structure of the reporting entity (FMR LLC) and its affiliates, not changes to Helen of Troy Ltd.'s corporate governance. It clarifies the relationship and control within the FMR LLC group for reporting purposes. |
Related Party Transactions
- The filing highlights the relationship between FMR LLC and Abigail P. Johnson, noting her role as Director, Chairman, and CEO of FMR LLC, and the Johnson family's predominant ownership and voting agreement within FMR LLC. This clarifies the reporting structure for the beneficial ownership.
Stakeholder Impact
- Shareholders: Minimal impact, as the disclosed ownership is 0.0%, indicating a negligible and passive stake by the reporting entities. This filing does not suggest any intent to influence the company's operations or control.
Key Dates
| Date | Description |
|---|---|
| 2023-05-23 | Effective date of Power of Attorney for Richard Bourgelas on behalf of FMR LLC and Abigail P. Johnson. |
| 2023-08-08 | Date of previous Schedule 13G filing by FMR LLC, referenced for Power of Attorney accession number. |
| 2025-07-31 | Date of event which requires filing of this statement. |
| 2025-08-06 | Date of filing of this Schedule 13G amendment. |
Keywords
Helen of Troy, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Passive Investment, SEC Filing
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