tiprankstipranks
Advertisement
Advertisement

Allan Gray Exits Substantial Holder Position in Worley Limited

Story Highlights
  • Worley Limited provides engineering and professional services to global resources and energy industries.
  • Allan Gray Australia has reduced its holding in Worley below substantial-holder levels, altering the institutional investor mix.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Allan Gray Exits Substantial Holder Position in Worley Limited

Claim 55% Off TipRanks

An update from Worley Limited ( (AU:WOR) ) is now available.

Allan Gray Australia Pty Ltd and its related entities have notified Worley Limited that they have ceased to be a substantial holder in the company as of 20 March 2026. The change, detailed in regulatory filings, indicates that funds and mandates managed by Allan Gray’s group have reduced their relevant interest in Worley’s voting securities below the substantial holding threshold, signaling a shift in the company’s institutional investor base that stakeholders may monitor for implications on market sentiment and liquidity.

The most recent analyst rating on (AU:WOR) stock is a Buy with a A$11.50 price target. To see the full list of analyst forecasts on Worley Limited stock, see the AU:WOR Stock Forecast page.

More about Worley Limited

Worley Limited is an engineering and professional services company focused on the resources, energy and complex process industries. It provides project delivery, consulting and asset management services to customers across the hydrocarbons, chemicals, power and infrastructure sectors worldwide.

Average Trading Volume: 2,764,447

Technical Sentiment Signal: Sell

Current Market Cap: A$5.35B

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

Disclaimer & DisclosureReport 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
1