Orlen 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 PKN?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	3,886	0.000335%
General Public	200,976,631	17.3%
Institutions	380,651,453	32.8%
State or Government	579,310,079	49.9%

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

Top Shareholders

Top 25 shareholders own 80.01% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
49.9%	The State Treasury of the Republic of Poland	579,310,079	zł55.9b	0%	no data
5.89%	Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A.	68,379,124	zł6.6b	0%	9.68%
5%	PTE Allianz Polska SA	58,054,859	zł5.6b	0%	10.48%
3.02%	Powszechne Towarzystwo Emerytalne PZU SA	35,006,722	zł3.4b	0%	10.71%
2.66%	Generali Powszechne Towarzystwo Emerytalne S A	30,833,617	zł3.0b	0%	11.52%
2.41%	BlackRock, Inc.	27,943,635	zł2.7b	0.69%	0.01%
2.22%	The Vanguard Group, Inc.	25,761,107	zł2.5b	0.39%	0.01%
1.72%	Aegon Asset Management UK Plc	19,954,973	zł1.9b	0%	2.6%
1.25%	UNIQA Österreich Versicherungen AG	14,489,326	zł1.4b	0%	12.69%
0.84%	Powszechne Towarzystwo Emerytalne Bankowy S.A.	9,805,171	zł947.0m	0%	11.27%
0.63%	Goldman Sachs Asset Management, L.P.	7,285,365	zł703.6m	0.02%	0.04%
0.61%	Dimensional Fund Advisors LP	7,113,171	zł687.0m	-0.05%	0.03%
0.57%	GAMMA PKO Towarzystwo Funduszy Inwestycyjnych SA	6,631,784	zł640.5m	0%	4.58%
0.46%	Geode Capital Management, LLC	5,320,275	zł513.8m	2.06%	0.01%
0.45%	Towarzystwo Funduszy Inwestycyjnych PZU SA	5,216,768	zł503.8m	0%	5.16%
0.37%	Pocztylion Arka PTE S.A.	4,328,779	zł418.1m	0%	9.6%
0.34%	Amundi Asset Management SAS	3,920,932	zł378.7m	0%	0.02%
0.33%	Schroder Investment Management Limited	3,799,802	zł367.0m	0%	0.05%
0.27%	Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A.	3,095,021	zł298.9m	0%	4.64%
0.25%	Charles Schwab Investment Management, Inc.	2,954,099	zł285.3m	0.14%	0.01%
0.21%	Santander Towarzystwo Funduszy Inwestycyjnych S.A.	2,422,445	zł234.0m	0%	4.87%
0.18%	Generali Investments TFI S.A	2,105,831	zł203.4m	0%	7.6%
0.16%	UBS Asset Management AG	1,801,509	zł174.0m	0%	no data
0.15%	Pioneer Pekao Towarzystwo Funduszy Inwestycyjnych S.A	1,751,558	zł169.2m	0%	5.2%
0.13%	Concorde Befektetesi Alapkezeloe Rt	1,555,945	zł150.3m	0%	5.18%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/25 19:00
End of Day Share Price	2025/11/25 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

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

Orlen S.A. is covered by 20 analysts. 9 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
Robert Bate	Barclays
Yuriy Kukhtanych	Berenberg
Kamil Kliszcz	Biuro maklerskie mBanku