tiprankstipranks
Trending News
More News >

BlackRock Increases Stake in OMV AG, Surpassing 4% Ownership Threshold

Story Highlights
BlackRock Increases Stake in OMV AG, Surpassing 4% Ownership Threshold

Confident Investing Starts Here:

OMV AG ( (DE:OMV) ) has shared an update.

OMV AG has announced a change in its major holdings as BlackRock, Inc., a significant shareholder, has increased its stake in the company. BlackRock’s total holdings have surpassed the 4% threshold, marking a notable shift in the ownership structure of OMV AG, which could have implications for the company’s governance and strategic direction.

The most recent analyst rating on (DE:OMV) stock is a Buy with a EUR46.00 price target. To see the full list of analyst forecasts on OMV AG stock, see the DE:OMV Stock Forecast page.

More about OMV AG

OMV Aktiengesellschaft is a leading energy company based in Vienna, Austria, primarily engaged in the exploration, production, and marketing of oil and gas. The company operates globally, focusing on integrated energy solutions and sustainable practices in the energy sector.

Average Trading Volume: 613,841

Current Market Cap: €15.68B

See more insights into OMV stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App