Fossil Group, Inc. $FOSL Shares Sold by First Eagle Investment Management LLC

Posted by Francis Steltz on May 14th, 2026

First Eagle Investment Management LLC lowered its stake in shares of Fossil Group, Inc. (NASDAQ:FOSL – Free Report) by 22.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 495,000 shares of the accessories brand company’s stock after selling 146,557 shares during the period. First Eagle Investment Management LLC’s holdings in Fossil Group were worth $1,861,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Carrera Capital Advisors purchased a new position in Fossil Group in the fourth quarter valued at about $38,000. Wexford Capital LP purchased a new stake in shares of Fossil Group during the 3rd quarter worth approximately $28,000. EHP Funds Inc. purchased a new stake in shares of Fossil Group during the 3rd quarter worth approximately $28,000. Qube Research & Technologies Ltd acquired a new stake in shares of Fossil Group in the 3rd quarter worth approximately $39,000. Finally, Texas Capital Bank Wealth Management Services Inc acquired a new stake in shares of Fossil Group in the 3rd quarter worth approximately $45,000. 61.14% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Fossil Group

Here are the key news stories impacting Fossil Group this week:

Positive Sentiment: Fossil Group beat Q1 earnings and revenue estimates, suggesting the turnaround is gaining traction. Fossil Group, Inc. Reports First Quarter 2026 Financial Results
Positive Sentiment: Northland Securities reiterated a Buy rating and $7 price target, signaling continued analyst confidence in the recovery. Fossil Maintained at Buy as Turnaround Gains Traction and $7 Price Target Remains Unchanged
Neutral Sentiment: Management reiterated full-year 2026 revenue guidance, matching expectations for an ongoing but still unproven turnaround. Fossil Group, Inc. Reports First Quarter 2026 Financial Results
Negative Sentiment: Despite the beat, Fossil still reported a quarterly loss and remains unprofitable, which may limit upside enthusiasm. Fossil Group (FOSL) Reports Q1 Loss, Tops Revenue Estimates

Analysts Set New Price Targets

FOSL has been the subject of several research reports. Northland Securities began coverage on Fossil Group in a report on Thursday, February 19th. They set an “outperform” rating and a $7.00 price objective for the company. Wall Street Zen lowered Fossil Group from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. Maxim Group raised their price target on Fossil Group from $5.00 to $7.00 and gave the company a “buy” rating in a research report on Thursday, March 12th. Zacks Research raised Fossil Group to a “hold” rating in a research note on Friday, February 20th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Fossil Group in a research report on Tuesday, April 21st. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Fossil Group currently has an average rating of “Hold” and a consensus target price of $7.00.

Read Our Latest Report on FOSL

Fossil Group Stock Up 3.8%

Shares of NASDAQ:FOSL opened at $4.10 on Thursday. The company has a quick ratio of 1.05, a current ratio of 1.55 and a debt-to-equity ratio of 2.00. The company has a market capitalization of $242.23 million, a P/E ratio of -2.81 and a beta of 1.64. Fossil Group, Inc. has a 52-week low of $1.23 and a 52-week high of $5.74. The stock’s fifty day simple moving average is $4.60 and its 200-day simple moving average is $3.82.

Fossil Group (NASDAQ:FOSL – Get Free Report) last posted its quarterly earnings data on Wednesday, May 13th. The accessories brand company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.28) by $0.25. Fossil Group had a negative return on equity of 46.78% and a negative net margin of 7.81%.The firm had revenue of $224.80 million during the quarter, compared to analysts’ expectations of $204.74 million. As a group, equities research analysts forecast that Fossil Group, Inc. will post -0.33 earnings per share for the current fiscal year.

About Fossil Group

(Free Report)

Fossil Group, Inc designs, develops, markets and distributes consumer fashion accessories, focusing on lifestyle and wearable technology. The company offers a wide range of products including analog and digital watches, smartwatches, jewelry, handbags, small leather goods and wearable devices. It sells merchandise under its own Fossil brand and via license agreements with international labels such as Michael Kors, Armani Exchange, Burberry, Diesel, DKNY, Kate Spade and Tory Burch. Through its proprietary e-commerce platforms and global retail network, Fossil Group serves markets across North America, Europe, Asia and the Middle East.

The group’s wearable technology segment combines traditional timepieces with features such as fitness tracking, heart-rate monitoring and NFC payments.