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Kingfisher PLC Announces Change in Major Holdings by BlackRock

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Kingfisher ( (GB:KGF) ) has shared an update.

Kingfisher PLC, a UK-based company, has announced a change in its major holdings due to an acquisition or disposal of voting rights by BlackRock, Inc., a US-based investment management corporation. As of April 16, 2025, BlackRock’s total voting rights in Kingfisher have decreased slightly from 7.21% to 7.08%, indicating a minor adjustment in its investment position.

Spark’s Take on GB:KGF Stock

According to Spark, TipRanks’ AI Analyst, GB:KGF is a Neutral.

Kingfisher’s overall stock score reflects a stable financial foundation with strong cash generation and shareholder returns. However, challenges in revenue and profit growth, particularly in international segments, weigh on the overall outlook. Technical indicators suggest a neutral to bearish trend, and valuation metrics indicate potential overvaluation, offset by a strong dividend yield. The substantial share buyback program positively impacts shareholder value but cautious earnings guidance highlights underlying business risks.

To see Spark’s full report on GB:KGF stock, click here.

More about Kingfisher

YTD Price Performance: 7.92%

Average Trading Volume: 6,531,282

Technical Sentiment Signal: Strong Sell

Current Market Cap: £4.76B

See more data about KGF stock on TipRanks’ Stock Analysis page.

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