SCHEDULE: FMR LLC Reports Stake in Surgery Partners Inc.

FMR LLC, through its subsidiaries, has reported beneficial ownership of 2,191,465.08 shares of Surgery Partners Inc. common stock, representing 1.7% of the class.

Summary

• FMR LLC and its affiliates, including Abigail P. Johnson, have filed a Schedule 13G indicating beneficial ownership of 2,191,465.08 shares of Surgery Partners Inc. common stock.
• This holding represents 1.7% of the total outstanding common stock of Surgery Partners Inc.
• The filing is an amendment (Amendment No. 7) to a previous filing, with the event date requiring this statement being March 31, 2026.
• FMR LLC is classified as an investment adviser (IA) and a holding company, while Abigail P. Johnson is identified as an individual investor (IN).
• The filing confirms that no single other person's interest in Surgery Partners Inc. exceeds five percent of the total outstanding common stock.
• A Rule 13d-1(k)(1) agreement is in place for the joint filing by FMR LLC and Abigail P. Johnson.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral; it's a standard disclosure of institutional ownership and does not provide insights into Surgery Partners Inc.'s operational performance or future prospects.

Positives

• FMR LLC, a significant investment management firm, holds a stake in Surgery Partners Inc., which could be interpreted as a positive signal of institutional interest.
• The filing indicates that FMR LLC and its affiliates have a clear and defined beneficial ownership of 1.7% of the company's common stock.

Negatives

• The filing does not contain any negative financial results or operational challenges for Surgery Partners Inc. itself; it solely reports on FMR LLC's holdings.

Risks

• As FMR LLC is an investment manager, its holdings could be subject to changes based on market conditions, investment strategies, or client mandates, potentially leading to future sales of Surgery Partners Inc. stock.
• The filing does not detail specific risks related to Surgery Partners Inc.'s operations, but any investment carries inherent market risks.

Future Outlook

This filing does not contain forward-looking statements or guidance from Surgery Partners Inc. It solely reports on the beneficial ownership of FMR LLC.

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 FMR LLC's filing as an institutional investor in Surgery Partners Inc. (a healthcare services company) aligns with broader trends of asset managers seeking exposure to the healthcare sector, which is often characterized by steady demand and potential for growth.

Stakeholder Impact

• Shareholders of Surgery Partners Inc.: The filing confirms a significant institutional investor's stake, which can influence market perception and liquidity.
• FMR LLC Clients: Clients whose assets are managed by FMR LLC may benefit from the investment performance of Surgery Partners Inc. if the company performs well.

Next Steps

• FMR LLC and its affiliates will continue to hold or potentially adjust their beneficial ownership of Surgery Partners Inc. common stock.
• Surgery Partners Inc. will continue its operations in the healthcare services sector.

Key Dates

Keywords

Surgery Partners Inc., FMR LLC, Schedule 13G, Beneficial Ownership, Common Stock, Investment Management, SEC Filing, Abigail P. Johnson, Fidelity, Healthcare Services