SCHEDULE: FMR LLC, Abigail Johnson Disclose 9.8% Stake in Primo Brands

FMR LLC and Abigail P. Johnson have disclosed a 9.8% beneficial ownership stake in Primo Brands Corp.'s Class A Common Stock as of December 31, 2025.

Summary

• FMR LLC and Abigail P. Johnson, through various affiliated entities, beneficially own 36,215,565.10 shares of Primo Brands Corp.'s Class A Common Stock.
• This aggregate ownership represents 9.8% of the outstanding Class A Common Stock.
• FMR LLC holds sole voting power over 36,205,455.00 shares and sole dispositive power over 36,215,565.10 shares.
• Abigail P. Johnson holds sole dispositive power over 36,215,565.10 shares, with no sole or shared voting power directly attributed.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Primo Brands Corp.
• FMR LLC is classified as a parent holding company, and Abigail P. Johnson is classified as an individual reporting person.
• Several FMR LLC subsidiaries, including Fidelity Management & Research Company LLC, are identified as entities beneficially owning shares, with Fidelity Management & Research Company LLC owning 5% or greater of the class.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this filing positively as it indicates significant institutional investment in Primo Brands Corp. by a reputable firm like FMR LLC, suggesting a degree of confidence in the company's value proposition.

Positives

• The disclosure of a significant 9.8% stake by a major institutional investor like FMR LLC and its affiliates can signal confidence in Primo Brands Corp.'s long-term prospects.
• The statement that the shares are held in the ordinary course of business and not for control purposes suggests a passive, investment-oriented stake, which can be viewed positively by the market.

Negatives

• No specific negative information regarding Primo Brands Corp. is contained within this beneficial ownership filing.

Risks

• No specific risks related to Primo Brands Corp.'s operations or financial health are detailed in this beneficial ownership filing.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding Primo Brands Corp.'s future outlook.

Industry Context

StockSavvy.ai notes that a significant stake by FMR LLC, a major asset manager, and its principal, Abigail P. Johnson, in Primo Brands Corp. indicates that the company has attracted substantial institutional interest. Such an investment can often be interpreted by the market as a vote of confidence in the company's strategy and potential, potentially drawing attention from other institutional and retail investors. This type of filing is a routine disclosure for large investors crossing certain ownership thresholds.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake may increase investor confidence and potentially lead to positive share price movement.
• Company Management: A large institutional investor may exert influence through engagement, though this filing states the stake is not for control purposes.

Key Dates

Recommendation

The filing indicates a significant institutional stake, which is generally a positive signal. However, as a Schedule 13G, it provides no operational or financial performance data to warrant a 'buy' recommendation. The absence of negative news or intent to influence control suggests a 'hold' is appropriate for existing investors, while potential investors might view this as a positive indicator for further due diligence.

Keywords

Primo Brands Corp, FMR LLC, Abigail P. Johnson, Beneficial Ownership, Schedule 13G, Class A Common Stock, Institutional Investor, SEC Filing, Fidelity