SCHEDULE: FMR LLC Updates Stake in Tanger Inc.
Beneficial Ownership Filing (Schedule 13G Amendment)
FMR LLC and Abigail P. Johnson have reported a combined beneficial ownership of 14.4% in Tanger Inc. as of June 30, 2026.
Summary
- FMR LLC and Abigail P. Johnson have filed an amendment to their Schedule 13G, reporting their beneficial ownership of Tanger Inc. common stock.
- As of June 30, 2026, FMR LLC beneficially owns 16,149,174 shares with sole voting power and 16,538,440 shares with sole dispositive power.
- Abigail P. Johnson also beneficially owns 16,538,440 shares with sole dispositive power.
- Collectively, FMR LLC and Abigail P. Johnson hold 16,538,440.33 shares, representing 14.4% of Tanger Inc.'s outstanding common stock.
- The filing indicates that other persons have the right to receive or direct the sale of dividends from these securities, but no single other person holds more than 5%.
Sentiment
Score: 3
Explanation: StockSavvy.ai views this as a neutral filing, primarily an update on beneficial ownership rather than a performance or strategic announcement.
Positives
- FMR LLC and Abigail P. Johnson maintain a significant stake, indicating continued confidence or investment interest in Tanger Inc.
Negatives
- The filing does not contain financial performance data or strategic updates, limiting the ability to assess operational positives or negatives.
Risks
- The filing does not explicitly mention any new or evolving risks for Tanger Inc.
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding Tanger Inc.'s 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 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 is a routine disclosure for significant institutional investors like FMR LLC, indicating their substantial investment in Tanger Inc., a Real Estate Investment Trust (REIT) focused on outlet centers. Such filings are common as investment positions evolve.
Related Party Transactions
- The filing mentions that members of the Johnson family may be deemed to form a controlling group with respect to FMR LLC through their ownership of voting common shares and a shareholders' voting agreement.
Stakeholder Impact
- Shareholders may view the continued significant stake by FMR LLC and Abigail P. Johnson as a sign of stability or ongoing institutional interest in Tanger Inc.
Next Steps
- FMR LLC and Abigail P. Johnson will continue to hold their beneficial ownership in Tanger Inc. as reported.
Key Dates
| Date | Description |
|---|---|
| 01/03/2023 | Effective date of Power of Attorney for FMR LLC. |
| 01/10/2023 | FMR LLC filed Schedule 13G. |
| 01/26/2023 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 01/31/2023 | FMR LLC filed Schedule 13G. |
| 06/30/2026 | Date of event requiring filing of this statement (ownership as of this date). |
| 08/05/2026 | Date of joint filing agreement and signature date. |
Keywords
Tanger Inc., FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Investment, Common Stock, Real Estate Investment Trust
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