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Smith & Nephew Announces Change in Major Holdings by Norges Bank

Story Highlights

Smith & Nephew Snats ( (SNN) ) just unveiled an update.

On April 28, 2025, Smith & Nephew plc announced a change in major holdings, as Norges Bank reduced its voting rights from 3.054% to 2.39468% as of April 25, 2025. This adjustment in holdings could impact the company’s governance and influence within the market, reflecting a strategic shift by Norges Bank in its investment approach.

Spark’s Take on SNN Stock

According to Spark, TipRanks’ AI Analyst, SNN is a Outperform.

Smith & Nephew Snats receives a solid overall score of 77.0, driven by strong financial performance and positive earnings call sentiment. The company’s impressive revenue and profit growth, coupled with innovation-driven strategies, contribute to a favorable outlook. However, high valuation ratios and technical analysis indicators suggest caution. Challenges in the China market and input cost pressures in Orthopedics remain key risks.

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

More about Smith & Nephew Snats

Smith & Nephew plc is a UK-based company operating in the medical technology industry, primarily known for its products and services in orthopedics, sports medicine, and advanced wound management.

YTD Price Performance: 10.11%

Average Trading Volume: 850,811

Technical Sentiment Signal: Buy

Current Market Cap: $11.52B

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

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