The Capital Group Reduces Stake in Glencore PLC

An announcement from Glencore ( (GB:GLEN) ) is now available.

The Capital Group Companies, Inc., a major shareholder in Glencore PLC, has reduced its voting rights from 5.19% to 4.91%. This change was due to an acquisition or disposal of voting rights, as notified on May 22, 2025. The adjustment in voting rights reflects a strategic decision by The Capital Group, which manages various investment companies and does not own shares for its own account, but rather on behalf of its clients. This development could impact Glencore’s shareholder dynamics and influence future corporate decisions.

The most recent analyst rating on (GB:GLEN) stock is a Buy with a £470.00 price target. To see the full list of analyst forecasts on Glencore stock, see the GB:GLEN Stock Forecast page.

Spark’s Take on GB:GLEN Stock

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

Glencore’s overall stock score reflects a mixed financial position with robust operational cash flow but profitability challenges. The positive sentiment from the earnings call and strategic corporate actions like share buybacks provide support. However, the negative P/E ratio and technical indicators suggest caution.

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

More about Glencore

Glencore PLC is a leading multinational commodity trading and mining company, primarily involved in the production and marketing of metals and minerals, energy products, and agricultural products. The company operates on a global scale, focusing on the extraction and trading of natural resources.

Average Trading Volume: 54,548,842

Technical Sentiment Signal: Sell

Current Market Cap: £31.87B

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