SCHEDULE: FMR LLC Discloses 8% Stake in Werner Enterprises

FMR LLC and Abigail P. Johnson have reported beneficial ownership of 8.0% of Werner Enterprises' common stock as of March 31, 2026.

Summary

• FMR LLC, along with Abigail P. Johnson, has filed a Schedule 13G, indicating their beneficial ownership of 4,808,024.92 shares of Werner Enterprises Inc. common stock.
• This holding represents 8.0% of the total outstanding common stock as of 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 FMR LLC has sole voting power over 2,928,574.83 shares and sole dispositive power over 4,808,024.92 shares.
• Abigail P. Johnson, as a Director, Chairman, and CEO of FMR LLC, and a predominant owner of FMR LLC's voting shares, is also noted in relation to the beneficial ownership.
• The filing includes a Rule 13d-1(k)(1) agreement for joint filing by FMR LLC and Abigail P. Johnson.

Sentiment

Score: 5

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

Positives

• FMR LLC and Abigail P. Johnson have disclosed a significant ownership stake of 8.0% in Werner Enterprises, indicating confidence from a major institutional investor.
• The filing confirms substantial sole dispositive power (4,808,024.92 shares) held by FMR LLC, suggesting a clear investment strategy.

Risks

• The filing does not explicitly mention any risks or challenges faced by Werner Enterprises.
• Potential risks associated with a significant ownership stake by an institutional investor could include pressure for strategic changes or management shifts, though this is not detailed in the filing.

Future Outlook

No specific future outlook or guidance for Werner Enterprises is provided in this Schedule 13G filing, as it pertains to ownership disclosure.

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.
• The filing notes that members of the Johnson family may be deemed to form a controlling group with respect to FMR LLC due to their ownership of voting common shares and a shareholders' voting agreement.

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by FMR LLC, a significant institutional investor, indicates a substantial investment in Werner Enterprises, a company operating in the transportation and logistics sector. Such filings often precede or follow strategic assessments of a company's value and potential.

Stakeholder Impact

• Shareholders: The disclosure of a significant stake by FMR LLC may be viewed positively by other shareholders, potentially indicating institutional confidence in the company's future prospects. It also signals a substantial investor with voting influence.
• Management: The significant ownership by FMR LLC could lead to increased engagement or scrutiny from the investor regarding company strategy and performance.
• Creditors: No direct impact on creditors is indicated by this filing.

Next Steps

• FMR LLC and Abigail P. Johnson will continue to hold and potentially manage their beneficial ownership of Werner Enterprises' common stock.
• Further filings may be required if there are significant changes in ownership or control.

Key Dates

Keywords

Werner Enterprises, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, Holding Company, SEC Filing, Omaha, NE