With 64% Ownership of the Shares, NewMarket Corporation (NYSE:NEU) Is Heavily Dominated by Institutional Owners
With 64% Ownership of the Shares, NewMarket Corporation (NYSE:NEU) Is Heavily Dominated by Institutional Owners
Key Insights
關鍵見解
- Institutions' substantial holdings in NewMarket implies that they have significant influence over the company's share price
- The top 7 shareholders own 50% of the company
- 22% of NewMarket is held by insiders
- 機構在NewMarket的大量持股意味着它們對公司的股價具有重大影響
- 前7名股東擁有公司50%的股份
- NewMarket 22% 的股份由內部人士持有
Every investor in NewMarket Corporation (NYSE:NEU) should be aware of the most powerful shareholder groups. With 64% stake, institutions possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
紐馬克特公司(紐約證券交易所代碼:NEU)的每位投資者都應該知道最強大的股東群體。機構擁有64%的股份,是公司的最大股份。換句話說,該集團將從對公司的投資中獲得最多(或損失最大)。
Given the vast amount of money and research capacities at their disposal, institutional ownership tends to carry a lot of weight, especially with individual investors. Hence, having a considerable amount of institutional money invested in a company is often regarded as a desirable trait.
鑑於其可支配的資金和研究能力巨大,機構所有權往往具有很大的份量,對於個人投資者而言尤其如此。因此,將大量機構資金投資於公司通常被視爲理想的特徵。
Let's take a closer look to see what the different types of shareholders can tell us about NewMarket.
讓我們仔細看看不同類型的股東能告訴我們關於NewMarket的什麼。
![ownership-breakdown](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240626/0-cdcb1486988d3c206bdc52e275640a99-0-9ea7ef9c5020a296b6a6a09f30fa56d1.png/big)
What Does The Institutional Ownership Tell Us About NewMarket?
關於NewMarket,機構所有權告訴我們什麼?
Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.
許多機構根據近似於當地市場的指數來衡量自己的表現。因此,他們通常會更多地關注主要指數中包含的公司。
As you can see, institutional investors have a fair amount of stake in NewMarket. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see NewMarket's historic earnings and revenue below, but keep in mind there's always more to the story.
如您所見,機構投資者在NewMarket中擁有相當數量的股份。這可能表明該公司在投資界具有一定程度的信譽。但是,最好謹慎行事,不要依賴機構投資者所謂的驗證。他們也是,有時候會弄錯。當多家機構擁有一隻股票時,總是存在處於 “擁擠交易” 的風險。當這樣的交易出錯時,多方可能會競相快速出售股票。對於沒有增長曆史的公司,這種風險更高。你可以在下面看到NewMarket的歷史收益和收入,但請記住,故事總是有更多內容。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240626/0-cdcb1486988d3c206bdc52e275640a99-1-a4b4b1aed86bab670718c8fb0f5a46b2.png/big)
Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. NewMarket is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is Bruce Gottwald with 12% of shares outstanding. With 11% and 7.5% of the shares outstanding respectively, Bank of America Corporation, Asset Management Arm and The Vanguard Group, Inc. are the second and third largest shareholders. Furthermore, CEO Thomas Gottwald is the owner of 3.8% of the company's shares.
投資者應注意,機構實際上擁有公司一半以上的股份,因此它們可以共同行使巨大的權力。紐馬克特不歸對沖基金所有。從我們的數據來看,我們可以看到最大的股東是布魯斯·戈特瓦爾德,已發行股份的12%。美國銀行公司、資產管理部門和先鋒集團公司分別擁有11%和7.5%的已發行股份,是第二和第三大股東。此外,首席執行官托馬斯·戈特瓦爾德持有該公司3.8%的股份。
We did some more digging and found that 7 of the top shareholders account for roughly 50% of the register, implying that along with larger shareholders, there are a few smaller shareholders, thereby balancing out each others interests somewhat.
我們做了進一步的挖掘,發現大股東中有7人約佔登記冊的50%,這意味着除了較大的股東外,還有一些較小的股東,從而在一定程度上平衡了彼此的利益。
Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known.
研究機構所有權是衡量和篩選股票預期表現的好方法。通過研究分析師的情緒也可以達到同樣的目的。我們的信息表明,分析師對該股沒有任何報道,因此可能鮮爲人知。
Insider Ownership Of NewMarket
NewMarket的內部所有權
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
不同國家對內部人員的定義可能略有不同,但董事會成員總是計算在內。公司管理層經營業務,但首席執行官將向董事會負責,即使他或她是董事會成員。
Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.
大多數人認爲內部所有權是積極的,因爲這可能表明董事會與其他股東關係良好。但是,在某些情況下,過多的權力集中在該群體中。
It seems insiders own a significant proportion of NewMarket Corporation. Insiders own US$1.1b worth of shares in the US$5.0b company. That's quite meaningful. Most would be pleased to see the board is investing alongside them. You may wish to access this free chart showing recent trading by insiders.
內部人士似乎擁有紐馬克特公司的很大一部分股份。內部人士擁有這家價值50億美元的公司價值11億美元的股份。這很有意義。大多數人會很高興看到董事會與他們一起投資。您不妨訪問這張顯示內部人士近期交易的免費圖表。
General Public Ownership
一般公有制
The general public, who are usually individual investors, hold a 12% stake in NewMarket. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.
公衆通常是個人投資者,持有NewMarket12%的股份。這種所有權規模雖然可觀,但如果決策與其他大股東不同步,可能不足以改變公司政策。
Next Steps:
後續步驟:
I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Be aware that NewMarket is showing 1 warning sign in our investment analysis , you should know about...
我覺得看看究竟誰擁有一家公司非常有趣。但是,要真正獲得見解,我們還需要考慮其他信息。請注意,NewMarket在我們的投資分析中顯示了1個警告信號,您應該知道...
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
當然,通過尋找其他地方,你可能會找到一筆不錯的投資。因此,來看看這份有趣的公司的免費清單吧。
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
注意:本文中的數字是使用過去十二個月的數據計算得出的,這些數據是指截至財務報表日期當月最後一天的12個月期間。這可能與全年年度報告數據不一致。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,發送電子郵件至 editorial-team@simplywallst.com