Metals Acquisition Limited's (NYSE:MTAL) top owners are retail investors with 40% stake, while 32% is held by institutions
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Key Insights
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Metals Acquisition's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public
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A total of 13 investors have a majority stake in the company with 50% ownership
If you want to know who really controls Metals Acquisition Limited (NYSE:MTAL), then you'll have to look at the makeup of its share registry. With 40% stake, retail investors possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).
And institutions on the other hand have a 32% ownership in the company. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time.
Let's take a closer look to see what the different types of shareholders can tell us about Metals Acquisition.
See our latest analysis for Metals Acquisition
What Does The Institutional Ownership Tell Us About Metals Acquisition?
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.
As you can see, institutional investors have a fair amount of stake in Metals Acquisition. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Metals Acquisition's earnings history below. Of course, the future is what really matters.
It would appear that 7.4% of Metals Acquisition shares are controlled by hedge funds. That catches my attention because hedge funds sometimes try to influence management, or bring about changes that will create near term value for shareholders. Glencore plc is currently the company's largest shareholder with 12% of shares outstanding. With 7.7% and 7.4% of the shares outstanding respectively, BlackRock, Inc. and Fourth Sail Capital LP are the second and third largest shareholders. Furthermore, CEO Michael James McMullen is the owner of 2.2% of the company's shares.
Looking at the shareholder registry, we can see that 50% of the ownership is controlled by the top 13 shareholders, meaning that no single shareholder has a majority interest in the ownership.
Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.