SCHEDULE: FMR LLC Reports 8.1% Stake in ON HOLDING AG

FMR LLC and Abigail P. Johnson have jointly filed a Schedule 13G, reporting beneficial ownership of 24,079,437 shares, representing 8.1% of ON HOLDING AG's Class A Common Stock as of March 31, 2026.

Summary

• FMR LLC and Abigail P. Johnson have filed a Schedule 13G, indicating their beneficial ownership of ON HOLDING AG's Class A Common Stock.
• The filing, dated March 31, 2026, reports a total of 24,079,437 shares owned.
• This holding represents 8.1% of the total outstanding Class A Common Stock.
• FMR LLC is classified as a holding company (HC), and Abigail P. Johnson is classified as an individual investor (IN).
• The filing confirms that FMR LLC and its subsidiaries, along with Abigail P. Johnson, have agreed to jointly file this statement.
• While other persons have the right to receive or direct the sale of these shares, no single other person holds more than 5%.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it is a routine disclosure of beneficial ownership by a major financial institution and does not contain operational or financial performance data.

Positives

• Significant institutional ownership reported by FMR LLC, a major financial services firm.
• Clear disclosure of beneficial ownership, providing transparency to the market.
• The filing indicates that the shares were acquired and are held in the ordinary course of business, not for the purpose of influencing control.

Negatives

• The filing does not contain any negative financial results or operational challenges.

Risks

• The filing does not explicitly mention any risks or potential future challenges.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding future performance or strategy.

Management Comments

• FMR LLC and Abigail P. Johnson certify that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by FMR LLC, a significant institutional investor, indicates a substantial passive stake in ON HOLDING AG. Such filings are crucial for understanding institutional ownership patterns and potential market influence.

Stakeholder Impact

• Shareholders: Increased transparency regarding institutional ownership, potentially influencing market perception and trading activity.
• Management of ON HOLDING AG: Awareness of significant passive ownership by a major financial entity.
• Regulators: Compliance with SEC disclosure requirements.

Next Steps

• Continued monitoring of FMR LLC's holdings in ON HOLDING AG for any changes in beneficial ownership.
• Analysis of ON HOLDING AG's future financial reports and strategic announcements.

Key Dates

Keywords

ON HOLDING AG, FMR LLC, Abigail P. Johnson, Schedule 13G, Class A Common Stock, Beneficial Ownership, Institutional Investor, SEC Filing, Securities Exchange Act