Elia Group 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 E4S?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	2,878	0.00343%
VC/PE Firms	172,353	0.206%
Sovereign Wealth Funds	875,315	1.04%
Institutions	22,203,182	26.5%
Private Companies	60,605,149	72.3%

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

Top Shareholders

Top 25 shareholders own 1087.75% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
0%	Nextgrid Holding Sa/Nv	48,854,512	€0	0%	no data
0%	Katoen Natie Group Sa	9,455,570	€0	0%	no data
295%	ATLAS Infrastructure Partners (UK) Ltd	5,384,329	€43.5b	0%	21.15%
2%	BlackRock, Inc.	2,177,552	€294.2m	0.49%	no data
114%	The Vanguard Group, Inc.	2,079,217	€16.8b	0.59%	no data
106%	Canada Pension Plan Investment Board	1,937,000	€15.6b	0%	0.14%
101%	Publipart Sa	1,836,054	€14.8b	-24.7%	no data
48%	Norges Bank Investment Management	875,315	€7.1b	-0.43%	0.01%
39.1%	Belfius Insurance SA	714,357	€5.8b	0%	19.54%
36.9%	Jennison Associates LLC	673,994	€5.4b	-1.32%	0.07%
36.4%	Global Ré S.A.	663,580	€5.4b	0%	no data
32%	Amundi Asset Management SAS	584,626	€4.7b	-0.02%	0.02%
30.8%	First Trust Advisors LP	561,978	€4.5b	30.2%	0.05%
30.5%	Artisan Partners Limited Partnership	556,432	€4.5b	117%	0.06%
25.2%	Publi-T SCRL	459,013	€3.7b	0%	no data
23.7%	State Street Global Advisors, Inc.	431,997	€3.5b	6.4%	no data
22.5%	Schroder Investment Management Limited	410,009	€3.3b	0%	0.03%
21.4%	M&G Investment Management Limited	391,103	€3.2b	0%	0.09%
21.3%	Eleva Capital S.A.S.	389,006	€3.1b	0%	0.61%
18.8%	Deutsche Asset & Wealth Management	342,660	€2.8b	0%	0.01%
18.6%	KBC Asset Management NV	339,949	€2.7b	0%	0.08%
18.6%	Geode Capital Management, LLC	338,707	€2.7b	0.79%	no data
17.9%	Dimensional Fund Advisors LP	327,071	€2.6b	5.97%	0.01%
16.1%	Northern Trust Global Investments	294,771	€2.4b	2.97%	0.01%
12.5%	Candriam, Société En Commandite Par Actions	227,532	€1.8b	0%	0.1%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/04/06 03:11
End of Day Share Price	2026/04/02 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Elia Group SA/NV is covered by 22 analysts. 11 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
Virginia Sanz de Madrid Gross	Banco Santander
Temitope Sulaiman	Barclays
Bartlomiej Kubicki	Bernstein