Heidelberg Materials Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of HEID?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	50,678,883	28.7%
General Public	53,516,052	30.3%
Institutions	72,198,904	40.9%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 61.53% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
28.7%	Spohn Cement Beteiligungen GmbH	50,678,883	CHF 8.3b	0%	no data
5.14%	BlackRock, Inc.	9,063,407	CHF 1.5b	4.65%	0.02%
4.88%	Artisan Partners Limited Partnership	8,609,893	CHF 1.4b	0%	1.28%
3.13%	The Vanguard Group, Inc.	5,529,481	CHF 905.2m	-0.44%	0.01%
3.05%	FMR LLC	5,375,083	CHF 880.0m	0%	0.06%
3.02%	Capital Research and Management Company	5,335,224	CHF 873.4m	0%	0.04%
1.9%	Norges Bank Investment Management	3,352,569	CHF 548.9m	92.9%	0.04%
1.46%	Union Asset Management Holding AG	2,571,823	CHF 421.0m	0%	0.32%
1.2%	Dimensional Fund Advisors LP	2,121,232	CHF 347.3m	0.28%	0.06%
1.12%	Deutsche Asset & Wealth Management	1,970,462	CHF 322.6m	0%	0.09%
1.08%	Pzena Investment Management, Inc.	1,900,427	CHF 311.1m	0%	0.6%
1.01%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	1,775,220	CHF 290.6m	-8.62%	0.08%
0.69%	Amundi Asset Management SAS	1,224,396	CHF 200.4m	0%	0.04%
0.61%	Strategic Advisers LLC	1,074,065	CHF 175.8m	24%	0.06%
0.59%	Geode Capital Management, LLC	1,039,964	CHF 170.3m	0.86%	0.01%
0.56%	Deka Investment GmbH	979,615	CHF 160.4m	0%	0.15%
0.47%	RBC Global Asset Management Inc.	830,313	CHF 135.9m	0%	0.08%
0.43%	JP Morgan Asset Management	764,805	CHF 125.2m	-1.66%	0.01%
0.42%	T. Rowe Price Group, Inc.	749,026	CHF 122.6m	0.31%	0.01%
0.42%	Bessemer Investment Management LLC	737,707	CHF 120.8m	24.1%	0.2%
0.38%	Wellington Management Group LLP	669,163	CHF 109.6m	-0.94%	0.02%
0.35%	UBS Asset Management AG	624,359	CHF 102.2m	-0.43%	0.01%
0.3%	Nordea Investment Management, AB	526,788	CHF 86.2m	0%	0.06%
0.29%	Charles Schwab Investment Management, Inc.	518,606	CHF 84.9m	0.61%	0.01%
0.29%	Eleva Capital LLP	512,194	CHF 83.9m	0%	1.23%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/03/05 16:58
End of Day Share Price	2026/03/05 00:00
Earnings	2025/12/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Heidelberg Materials AG is covered by 32 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Gerhard Schwarz	Baader Helvea Equity Research
Tom Zhang	Barclays
Harry Goad	Berenberg