Stock Analysis

Private companies among Fiskars Oyj Abp's (HEL:FSKRS) largest stockholders and were hit after last week's 5.0% price drop

HLSE:FSKRS
Source: Shutterstock

Key Insights

  • Fiskars Oyj Abp's significant private companies ownership suggests that the key decisions are influenced by shareholders from the larger public
  • 51% of the business is held by the top 6 shareholders
  • Insiders have bought recently

A look at the shareholders of Fiskars Oyj Abp (HEL:FSKRS) can tell us which group is most powerful. We can see that private companies own the lion's share in the company with 47% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).

As a result, private companies as a group endured the highest losses last week after market cap fell by €68m.

Let's take a closer look to see what the different types of shareholders can tell us about Fiskars Oyj Abp.

View our latest analysis for Fiskars Oyj Abp

ownership-breakdown
HLSE:FSKRS Ownership Breakdown July 26th 2024

What Does The Institutional Ownership Tell Us About Fiskars Oyj Abp?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

Fiskars Oyj Abp already has institutions on the share registry. Indeed, they own a respectable stake in the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Fiskars Oyj Abp, (below). Of course, keep in mind that there are other factors to consider, too.

earnings-and-revenue-growth
HLSE:FSKRS Earnings and Revenue Growth July 26th 2024

We note that hedge funds don't have a meaningful investment in Fiskars Oyj Abp. The company's largest shareholder is Virala Oy Ab, with ownership of 16%. In comparison, the second and third largest shareholders hold about 14% and 13% of the stock.

We also observed that the top 6 shareholders account for more than half of the share register, with a few smaller shareholders to balance the interests of the larger ones to a certain extent.

While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.

Insider Ownership Of Fiskars Oyj Abp

The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

Shareholders would probably be interested to learn that insiders own shares in Fiskars Oyj Abp. This is a big company, so it is good to see this level of alignment. Insiders own €108m worth of shares (at current prices). If you would like to explore the question of insider alignment, you can click here to see if insiders have been buying or selling.

General Public Ownership

With a 29% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Fiskars Oyj Abp. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.

Private Company Ownership

Our data indicates that Private Companies hold 47%, of the company's shares. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.

Next Steps:

I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Take risks for example - Fiskars Oyj Abp has 4 warning signs (and 1 which is concerning) we think you should know about.

But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.