OG

OGN ORGANON & CO

2026Q2 · CUSIP 68622V106 · Sector: Healthcare & Biotech

Piling in

Net holder growth ranks near the top of the market

Funds that own it
635
Institutions that reported holding it to the SEC
Net increase in holders
+28
Last quarter 607 → now 635
How unusual is that
Top 20%
Stronger buying than 84% of US stocks
What the filings say, in one paragraph

635 funds held OGN at the end of 2026Q2, up 28 from the quarter before. That is stronger buying than 83.6% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $6.1B(YoY -2.5%), the P/E is 17.6x, return on equity is 20.8%. OGN has had 4 buying rushes in its history, and the price moved -11.2% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Healthcare & Biotech sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2021Q2: holders=959 2021Q3: holders=902 2021Q4: holders=887 2022Q1: holders=795 2022Q2: holders=835 2022Q3: holders=773 2022Q4: holders=811 2023Q1: holders=753 2023Q2: holders=719 2023Q3: holders=721 2023Q4: holders=711 2024Q1: holders=714 2024Q2: holders=718 2024Q3: holders=715 2024Q4: holders=740 2025Q1: holders=713 2025Q2: holders=692 2025Q3: holders=665 2025Q4: holders=634 2026Q1: holders=607 2026Q2: holders=635 -958 -479 +0 +479 +958 5467771007 21Q221Q422Q222Q423Q223Q424Q224Q425Q225Q426Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 4 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 20% — —
2022Q4 Top 10% -6.2% -15.7%
2022Q2 Top 5% -22.0% -18.4%
2021Q2 Top 1% in the market -1.1% +0.7%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
199
Change in large funds
+16
Total value they hold
$2.9B
Funds buying for the first time
127
Funds that sold out entirely
99
Price change that quarter
+2.1%
Funds holding puts (bearish)
14
Funds holding calls (bullish)
17

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

Fundamentals

PE (TTM)
17.6
EPS (TTM)
$0.78
EPS YoY
-71.0%
Revenue (TTM)
$6.1B
Revenue YoY
-2.5%
Net margin
3.4%
ROE
20.8%
Debt ratio
92.4%
FCF (TTM)
$567M
Dividend (TTM)
$0.08
Quarterly Revenue & EPS
2021-09-30: EPS 1.27 2021-12-31: EPS 0.78 2022-03-31: EPS 1.36 2022-06-30: EPS 0.92 2022-09-30: EPS 0.89 2022-12-31: EPS 0.42 2023-03-31: EPS 0.69 2023-06-30: EPS 0.95 2023-09-30: EPS 0.23 2023-12-31: EPS 2.12 2024-03-31: EPS 0.78 2024-06-30: EPS 0.75 2024-09-30: EPS 1.38 2024-12-31: EPS 0.42 2025-03-31: EPS 0.33 2025-06-30: EPS 0.56 2025-09-30: EPS 0.61 2025-12-31: EPS -0.78 2026-03-31: EPS 0.55 2026-06-30: EPS 0.40 0B 0.8B 1.6B $B -0.86 0.74 2.33 202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 5 3 11 18 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-44M609M1.3B 2020202120222023202420252026
Latest quarter $188M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

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2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.