SCHEDULE: FMR LLC Holds 10.1% Stake in Scotts Miracle-Gro

FMR LLC, through its affiliates, has reported a beneficial ownership of 10.1% of The Scotts Miracle-Gro Company's common stock as of September 30, 2026.

Summary

• FMR LLC and its affiliates, including Abigail P. Johnson, have filed a Schedule 13G, indicating their beneficial ownership of 5,877,330.42 shares of The Scotts Miracle-Gro Company's common stock.
• This holding represents 10.1% of the class of securities outstanding as of September 30, 2026.
• The filing is an amendment (Amendment No. 1) to a previous filing.
• FMR LLC is classified as a holding company (HC), and Abigail P. Johnson is classified as an individual investor (IN).
• The filing confirms that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this filing as neutral to slightly positive, reflecting a significant but stable institutional ownership stake without immediate indications of aggressive action or distress.

Positives

• FMR LLC, a significant institutional investor, maintains a substantial stake (10.1%) in The Scotts Miracle-Gro Company, suggesting confidence in the company's long-term prospects.
• The filing indicates that the shares are held in the ordinary course of business, implying a stable, non-activist investment approach.

Negatives

• The filing does not provide any new strategic information or performance data, making it difficult to assess recent operational changes or future potential beyond the ownership stake.

Risks

• While not explicitly stated as a risk in this filing, significant institutional ownership can sometimes lead to increased scrutiny or pressure on management for performance improvements.
• The filing does not detail any specific risks related to the investment itself or the company's operations.

Future Outlook

This filing is primarily an ownership disclosure and does not contain specific forward-looking statements or guidance from the company regarding its future performance.

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 and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that a 10.1% stake by a major investment firm like FMR LLC in a consumer staples company like Scotts Miracle-Gro is significant and indicates a substantial investment conviction. This level of ownership is common for large institutional investors who often play a passive but influential role.

Comparison to Industry Standards

• Institutional ownership in the consumer staples sector typically ranges from 60% to 80%. A 10.1% stake by a single entity like FMR LLC is a notable portion of the remaining float not held by other large institutions or retail investors.
• Competitors like Church & Dwight (CHD) and Clorox (CLX) also have significant institutional ownership, often exceeding 80% combined across various funds.

Stakeholder Impact

• Shareholders: The continued significant ownership by FMR LLC may provide a degree of stability to the stock price, but also implies a large holder whose future actions (buying or selling) could impact the price.
• Management: While FMR LLC states the shares are not held to influence control, their substantial stake means management will be mindful of their investment performance and strategic decisions.

Next Steps

• FMR LLC will continue to hold its shares in The Scotts Miracle-Gro Company in the ordinary course of business.
• The company's management will continue to operate the business without direct influence from this specific filing, beyond the general oversight expected from a large shareholder.

Key Dates

Keywords

Scotts Miracle-Gro, FMR LLC, Institutional Ownership, Schedule 13G, Common Stock, Beneficial Ownership, Abigail P. Johnson