Hera 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 HER N?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	206,247,515	14.3%
Institutions	318,095,580	22%
General Public	430,508,039	29.7%
State or Government	492,456,403	34%

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

Top Shareholders

Top 25 shareholders own 66.73% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
13%	Comune di Bologna	187,666,986	Mex$10.7b	0%	no data
7.59%	CON.AMI S.p.A.	109,779,006	Mex$6.3b	0%	no data
7.06%	Comune di Modena	102,227,044	Mex$5.8b	0%	no data
6.66%	Ravenna Holding S.p.A	96,358,261	Mex$5.5b	0%	no data
5.19%	Lazard Asset Management LLC	75,117,439	Mex$4.3b	0%	0.2%
5.1%	Comune di Trieste	73,791,749	Mex$4.2b	0%	no data
4.94%	Comune di Padova	71,542,546	Mex$4.1b	0%	no data
3.95%	Comune di Udine	57,138,706	Mex$3.3b	0%	no data
2.4%	Amundi Asset Management SAS	34,742,754	Mex$2.0b	0.7%	0.03%
2%	The Vanguard Group, Inc.	28,945,719	Mex$1.6b	0.46%	no data
1.69%	Pictet Asset Management Limited	24,421,776	Mex$1.4b	-29.2%	0.06%
1.14%	BlackRock, Inc.	16,543,833	Mex$942.7m	0.01%	no data
1%	Dimensional Fund Advisors LP	14,417,524	Mex$821.6m	-4.4%	0.01%
0.88%	First Sentier Investors (Australia) IM Ltd	12,746,300	Mex$726.3m	0.62%	0.1%
0.87%	Norges Bank Investment Management	12,527,731	Mex$713.9m	0%	no data
0.85%	State Street Global Advisors, Inc.	12,252,917	Mex$698.2m	13.2%	no data
0.5%	UBS Asset Management AG	7,225,791	Mex$411.8m	-7.89%	no data
0.3%	Royal London Asset Management Ltd.	4,364,538	Mex$248.7m	33.9%	0.02%
0.28%	JP Morgan Asset Management	4,042,974	Mex$230.4m	4.11%	no data
0.28%	Northern Trust Global Investments	4,027,552	Mex$229.5m	-2.26%	no data
0.27%	Goldman Sachs Asset Management, L.P.	3,867,472	Mex$220.4m	5,440%	no data
0.26%	CI Global Asset Management	3,749,976	Mex$213.7m	7.95%	0.03%
0.23%	DNCA Finance	3,350,000	Mex$190.9m	0%	0.12%
0.17%	Charles Schwab Investment Management, Inc.	2,488,992	Mex$141.8m	2.92%	no data
0.17%	Azimut Capital Management Sgr SpA	2,425,000	Mex$138.2m	0%	0.11%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/02/12 06:41
End of Day Share Price	2023/11/16 00:00
Earnings	2023/09/30
Annual Earnings	2022/12/31

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 here.

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 .

Analyst Sources

Hera S.p.A. is covered by 17 analysts. 4 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
Juan Rodriguez	AlphaValue
Pierre-Yves Gauthier	AlphaValue
Andrea Belloli	Banca Akros S.p.A. (ESN)