Shinhan Financial Group’s Largest Shareholder Increases Stake

Shinhan Financial Group Co ( (SHG) ) has provided an update.

On May 15, 2025, Shinhan Financial Group Co., Ltd. announced a change in the shareholding of its largest shareholder, Korea’s National Pension Service (NPS). The NPS increased its holdings from 43,509,972 shares to 44,561,909 shares, raising its stake from 8.64% to 8.99% as of May 2, 2025. This increase in shareholding reflects a strengthened position for NPS within Shinhan Financial Group, potentially impacting the company’s governance and strategic direction.

The most recent analyst rating on (SHG) stock is a Buy with a $54.01 price target. To see the full list of analyst forecasts on Shinhan Financial Group Co stock, see the SHG Stock Forecast page.

Spark’s Take on SHG Stock

According to Spark, TipRanks’ AI Analyst, SHG is a Neutral.

Shinhan Financial Group’s stock is moderately attractive, supported by stable financial performance and strong technical indicators. However, liquidity challenges and moderate leverage pose potential risks. The stock’s low valuation and healthy dividend yield enhance its appeal, particularly for value investors. Investors should be mindful of cash flow issues and the possibility of overbought conditions in the short term.

To see Spark’s full report on SHG stock, click here.

More about Shinhan Financial Group Co

Shinhan Financial Group Co., Ltd. operates in the financial services industry, offering a range of banking and financial products primarily in South Korea. The company focuses on providing comprehensive financial solutions, including commercial banking, investment banking, and asset management services.

Average Trading Volume: 273,161

Technical Sentiment Signal: Strong Buy

Current Market Cap: $19.24B

For a thorough assessment of SHG stock, go to TipRanks’ Stock Analysis page.