The considerable ownership by private companies in HORNBACH Holding KGaA indicates that they collectively have a greater say in management and business strategy
A total of 4 investors have a majority stake in the company with 52% ownership
A look at the shareholders of HORNBACH Holding AG & Co. KGaA (ETR:HBH) can tell us which group is most powerful. We can see that private companies own the lion's share in the company with 37% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
Meanwhile, individual investors make up 27% of the company’s shareholders.
Let's delve deeper into each type of owner of HORNBACH Holding KGaA, beginning with the chart below.
What Does The Institutional Ownership Tell Us About HORNBACH Holding KGaA?
Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.
We can see that HORNBACH Holding KGaA does have institutional investors; and they hold a good portion of the company's stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. 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 HORNBACH Holding KGaA, (below). Of course, keep in mind that there are other factors to consider, too.
XTRA:HBH Earnings and Revenue Growth August 26th 2024
HORNBACH Holding KGaA is not owned by hedge funds. The company's largest shareholder is Hornbach Familientreuhand GmbH, with ownership of 24%. Meanwhile, the second and third largest shareholders, hold 13% and 11%, of the shares outstanding, respectively. Furthermore, CEO Albrecht Hornbach is the owner of 0.7% of the company's shares.
To make our study more interesting, we found that the top 4 shareholders control more than half of the company which implies that this group has considerable sway over the company's decision-making.
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 plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.
Insider Ownership Of HORNBACH Holding KGaA
The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.
It seems insiders own a significant proportion of HORNBACH Holding AG & Co. KGaA. It has a market capitalization of just €1.3b, and insiders have €173m worth of shares in their own names. That's quite significant. Most would say this shows a good degree of alignment with shareholders, especially in a company of this size. You can click here to see if those insiders have been buying or selling.
General Public Ownership
With a 27% ownership, the general public, mostly comprising of individual investors, have some degree of sway over HORNBACH Holding KGaA. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.
Private Company Ownership
We can see that Private Companies own 37%, of the shares on issue. 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:
It's always worth thinking about the different groups who own shares in a company. But to understand HORNBACH Holding KGaA better, we need to consider many other factors. Case in point: We've spotted 1 warning sign for HORNBACH Holding KGaA you should be aware of.
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.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
