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The latest update is out from Horizon Oil Limited ( (AU:HZN) ).
Spheria Asset Management has notified Horizon Oil Limited that it has ceased to be a substantial shareholder in the company as of 25 February 2026. The change reflects a reduction in Spheria’s voting power below the substantial holding threshold, indicating a shift in the institutional investor base but with no new associates disclosed in relation to Horizon’s securities.
The cessation of Spheria’s substantial holding may slightly alter Horizon Oil’s ownership profile and could signal portfolio rebalancing or a strategic shift by the fund manager. While no transactional details were specified in the notice, the move is relevant for shareholders monitoring changes in major institutional positions and potential implications for trading dynamics and governance influence.
The most recent analyst rating on (AU:HZN) stock is a Hold with a A$0.24 price target. To see the full list of analyst forecasts on Horizon Oil Limited stock, see the AU:HZN Stock Forecast page.
More about Horizon Oil Limited
Horizon Oil Limited operates in the energy sector, focusing on exploration and production of oil and gas resources. The company is listed in Australia and its shares are actively held and traded by institutional investors, including asset management firms that disclose substantial holdings under local securities regulations.
Average Trading Volume: 1,243,100
Technical Sentiment Signal: Buy
Current Market Cap: A$374.3M
For detailed information about HZN stock, go to TipRanks’ Stock Analysis page.