WEBULL

Institutional investors control 54% of KONE Oyj (HEL:KNEBV) and were rewarded last week after stock increased 3.6%

Simply Wall St · 04/19 05:22

Key Insights

  • Given the large stake in the stock by institutions, KONE Oyj's stock price might be vulnerable to their trading decisions
  • A total of 18 investors have a majority stake in the company with 51% ownership
  • Ownership research along with analyst forecasts data help provide a good understanding of opportunities in a stock
We've discovered 1 warning sign about KONE Oyj. View them for free.

To get a sense of who is truly in control of KONE Oyj (HEL:KNEBV), it is important to understand the ownership structure of the business. The group holding the most number of shares in the company, around 54% to be precise, is institutions. Put another way, the group faces the maximum upside potential (or downside risk).

And as as result, institutional investors reaped the most rewards after the company's stock price gained 3.6% last week. The one-year return on investment is currently 25% and last week's gain would have been more than welcomed.

In the chart below, we zoom in on the different ownership groups of KONE Oyj.

See our latest analysis for KONE Oyj

ownership-breakdown
HLSE:KNEBV Ownership Breakdown April 19th 2025

What Does The Institutional Ownership Tell Us About KONE Oyj?

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 KONE Oyj. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. 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 KONE Oyj's earnings history below. Of course, the future is what really matters.

earnings-and-revenue-growth
HLSE:KNEBV Earnings and Revenue Growth April 19th 2025

Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. Hedge funds don't have many shares in KONE Oyj. The company's largest shareholder is Holding Manutas Oy, with ownership of 19%. Antti Herlin is the second largest shareholder owning 5.1% of common stock, and Polttina Oy, Asset Management Arm holds about 3.3% of the company stock.

After doing some more digging, we found that the top 18 have the combined ownership of 51% in the company, suggesting that no single shareholder has significant control over the company.

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.

Insider Ownership Of KONE Oyj

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. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

We can report that insiders do own shares in KONE Oyj. It is a very large company, and board members collectively own €2.3b worth of shares (at current prices). we sometimes take an interest in whether they have been buying or selling.

General Public Ownership

The general public-- including retail investors -- own 36% stake in the company, and hence can't easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.

Next Steps:

While it is well worth considering the different groups that own a company, there are other factors that are even more important. Consider for instance, the ever-present spectre of investment risk. We've identified 1 warning sign with KONE Oyj , and understanding them should be part of your investment process.

Ultimately the future is most important. You can access this free report on analyst forecasts for the company.

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.