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OMV AG Announces Change in Major Holdings as BlackRock Reduces Stake

Story Highlights
  • OMV AG is a leading energy company in Austria, focusing on oil, gas, and sustainable energy.
  • BlackRock’s holdings in OMV fell below 4%, impacting shareholder dynamics and market perceptions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
OMV AG Announces Change in Major Holdings as BlackRock Reduces Stake

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An announcement from OMV AG ( (DE:OMV) ) is now available.

OMV Aktiengesellschaft announced a change in major holdings as BlackRock, Inc. reported its total holdings in OMV have fallen below 4%. This adjustment in BlackRock’s stake, which now stands at 3.99%, reflects a slight decrease from the previous position of 4.03%. Such changes in major holdings can impact shareholder dynamics and influence market perceptions of OMV’s stock.

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 across various segments including upstream, downstream, and chemicals, with a focus on sustainable energy solutions and innovation in the energy sector.

Average Trading Volume: 521,725

Current Market Cap: €14.96B

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

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