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Johnson Matthey (GB:JMAT)
LSE:JMAT

Johnson Matthey (JMAT) AI Stock Analysis

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GBJohnson Matthey
(LSE:JMAT)
70Outperform
Johnson Matthey's stock is rated at 70, reflecting mixed financial performance with strengths in cash flow and balance sheet stability. Technical indicators suggest a potential upward trend, while valuation metrics highlight attractiveness due to a low P/E ratio and high dividend yield. The earnings call indicated confidence in future performance despite current challenges in sales and specific segments.

Johnson Matthey (JMAT) vs. S&P 500 (SPY)

Johnson Matthey Business Overview & Revenue Model

Company DescriptionJohnson Matthey (JMAT) is a global leader in sustainable technologies, specializing in catalysis, precious metals, chemicals, and process technology. The company operates across sectors including automotive, chemicals, energy, and pharmaceuticals, providing solutions that enhance the efficiency and environmental impact of industrial processes. Its core products and services include catalytic converters, battery materials, and sustainable technologies aimed at reducing emissions and advancing green energy solutions.
How the Company Makes MoneyJohnson Matthey makes money primarily through the sale of its advanced materials and technology solutions designed for various industries. Its key revenue streams include the sale of emission control catalysts for the automotive industry, which reduce harmful emissions from vehicles. The company also earns from its precious metal services, where it provides refining, recycling, and management of precious metals, crucial for various industrial applications. Additionally, Johnson Matthey is expanding its revenue base through the development and supply of battery materials, particularly for electric vehicles, and sustainable technologies that address environmental challenges. Strategic partnerships with automotive manufacturers, energy companies, and industrial firms further bolster its revenue by integrating its advanced technologies into broader systems and solutions.

Johnson Matthey Financial Statement Overview

Summary
Johnson Matthey demonstrates a mixed financial performance with strengths in cash flow generation and balance sheet stability, but faces challenges in revenue growth and margins. While leverage is moderate and cash flows are improving, income statement metrics indicate areas for potential improvement to enhance profitability and growth.
Income Statement
58
Neutral
The income statement shows a decline in revenue from £14.93 billion to £12.84 billion, resulting in a negative revenue growth rate. The gross profit margin is 7.19%, while the net profit margin stands at 0.84%. The EBIT margin is 1.94% and EBITDA margin is 3.82%, indicating modest profitability. Despite the decline, the company maintains a positive net income, showcasing resilience.
Balance Sheet
65
Positive
The balance sheet reveals a stable equity position with a debt-to-equity ratio of 0.63, indicating moderate leverage. The return on equity is 4.54%, reflecting limited profitability on shareholder investments. The equity ratio is 37.56%, suggesting a balanced approach to financing through equity. Overall, the company maintains a solid financial position with manageable debt levels.
Cash Flow
72
Positive
The cash flow statement highlights a significant improvement in free cash flow from -£91 million to £224 million, indicating strong operational efficiency. The operating cash flow to net income ratio is 5.48, showcasing effective conversion of earnings into cash flow. The free cash flow to net income ratio is 2.07, suggesting robust cash generation relative to net income.
Breakdown
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Income StatementTotal Revenue
12.84B14.93B16.02B15.44B14.58B
Gross Profit
923.00M989.00M1.05B944.00M981.00M
EBIT
249.00M505.00M503.00M488.00M526.00M
EBITDA
491.00M622.00M454.00M544.00M670.00M
Net Income Common Stockholders
108.00M276.00M-101.00M205.00M255.00M
Balance SheetCash, Cash Equivalents and Short-Term Investments
542.00M697.00M418.00M625.00M332.00M
Total Assets
6.34B7.03B6.67B7.74B7.36B
Total Debt
1.49B1.67B1.25B1.38B1.43B
Net Debt
951.00M1.02B860.00M795.00M1.13B
Total Liabilities
3.96B4.49B4.22B5.06B4.54B
Stockholders Equity
2.38B2.54B2.44B2.69B2.82B
Cash FlowFree Cash Flow
224.00M-91.00M73.00M295.00M57.00M
Operating Cash Flow
592.00M225.00M526.00M676.00M500.00M
Investing Cash Flow
-255.00M-129.00M-292.00M-357.00M-435.00M
Financing Cash Flow
-439.00M191.00M-439.00M-43.00M-168.00M

Johnson Matthey Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1410.00
Price Trends
50DMA
1395.10
Positive
100DMA
1420.15
Negative
200DMA
1501.22
Negative
Market Momentum
MACD
8.32
Positive
RSI
44.86
Neutral
STOCH
33.15
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:JMAT, the sentiment is Negative. The current price of 1410 is below the 20-day moving average (MA) of 1446.85, above the 50-day MA of 1395.10, and below the 200-day MA of 1501.22, indicating a neutral trend. The MACD of 8.32 indicates Positive momentum. The RSI at 44.86 is Neutral, neither overbought nor oversold. The STOCH value of 33.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:JMAT.

Johnson Matthey Peers Comparison

Overall Rating
UnderperformOutperform
Sector (47)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
70
Outperform
£2.44B5.014.54%5.28%-15.51%200.70%
GBDGE
64
Neutral
$47.62B16.9448.76%3.77%-3.88%-11.33%
47
Neutral
$2.64B-4.00-31.55%3.33%2.93%-29.90%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:JMAT
Johnson Matthey
1,410.00
-162.58
-10.34%
GB:DGE
Diageo
2,143.00
-637.63
-22.93%

Johnson Matthey Earnings Call Summary

Earnings Call Date: Nov 27, 2024 | % Change Since: -4.06% | Next Earnings Date: May 22, 2025
Earnings Call Sentiment Neutral
The earnings call reflected a balanced outlook with a resilient first-half performance and confidence in a strong second half. Notable transformations and efficiencies were highlighted alongside strategic divestments and shareholder returns. However, challenges were evident in sales declines, PGM Services, and Hydrogen Technologies losses.
Highlights
Resilient First-Half Performance
Johnson Matthey's first-half performance was in line with expectations, slightly ahead of internal budget, and maintained a full-year outlook for a strong second half.
Transformation and Efficiency Gains
Cost savings of GBP35 million in the first half, with a total of GBP155 million thus far, on track to deliver GBP200 million in savings by year-end.
Catalyst Technologies Growth
Catalyst Technologies sales grew 20% to GBP336 million, with operating profit increasing 43% to GBP50 million, driven by licensing sales and catalyst growth.
Strategic Divestments and Shareholder Returns
Completed divestments of non-core businesses with strong cash returns, initiated a GBP250 million share buyback.
Record Free Cash Flow
Free cash flow of GBP347 million driven by divestment proceeds, with net debt reduced to GBP783 million.
Lowlights
Sales Decline
Sales decreased by 3% at constant currency to GBP1.7 billion, with Clean Air and PGM Services experiencing notable declines.
PGM Services Weak Performance
Platinum Group Metals (PGM) Services sales decreased by 9% to GBP207 million, with operating profit falling 35% due to lower refining volumes and metal recoveries.
Hydrogen Technologies Losses
Hydrogen Technologies reported an operating loss of GBP26 million, with sales declining to GBP20 million due to market slowdowns.
Clean Air Segment Challenges
Clean Air sales decreased by 7% to GBP1.2 billion, facing weak end-markets and platform losses.
Exchange Rate and Metal Price Headwinds
Expected adverse impacts of GBP3 million from metal prices and GBP10 million from exchange rates if current levels persist.
Company Guidance
During the call, Johnson Matthey's management outlined their guidance for the fiscal year, maintaining their full-year outlook despite a challenging macroeconomic environment. They reported a 3% decrease in sales and a 4% decrease in underlying operating profit for the first half of the fiscal year, both in line with expectations. However, they anticipate a stronger second half driven by several factors: enhanced transformation benefits, increased volumes and metal recoveries in Platinum Group Metals (PGMS), and cost optimizations. Specifically, they expect at least mid-single-digit growth in operating performance at constant currency and metal prices. Free cash flow was reported at GBP347 million, bolstered by proceeds from divestments, while net debt decreased to GBP783 million, representing 1.4 times EBITDA. They also highlighted a GBP250 million share buyback in progress and declared an interim dividend of 22 pence per share. The call detailed strategic efforts, including cost savings of GBP35 million in the first half, with a target of GBP200 million by year-end, and ongoing transformation and cost reduction initiatives to drive further improvements.

Johnson Matthey Corporate Events

Business Operations and StrategyRegulatory Filings and Compliance
Johnson Matthey Announces Change in Major Holdings
Neutral
Mar 5, 2025

Johnson Matthey Plc announced a change in its major holdings, with Bank of America Corporation adjusting its financial instruments and voting rights in the company. This adjustment reflects a shift in the percentage of voting rights, which could influence the company’s governance and decision-making processes.

Business Operations and StrategyRegulatory Filings and Compliance
Johnson Matthey Announces Change in Voting Rights Structure
Neutral
Mar 4, 2025

Johnson Matthey PLC has announced a change in its voting rights structure following an acquisition or disposal by BlackRock, Inc., a major shareholder. The notification indicates that BlackRock’s total voting rights in Johnson Matthey have decreased to 5.05% from a previous 5.56%. This change could impact the company’s shareholder dynamics and influence its strategic decisions.

Regulatory Filings and Compliance
Bank of America Increases Stake in Johnson Matthey
Neutral
Mar 3, 2025

Johnson Matthey Plc has been notified of a change in major holdings by Bank of America Corporation, which now holds a total of 14.13% voting rights in the company. This acquisition of voting rights and financial instruments by a major financial institution could impact Johnson Matthey’s market positioning and influence shareholder decisions.

Business Operations and StrategyRegulatory Filings and Compliance
Johnson Matthey Faces Major Shareholder Restructuring
Neutral
Feb 24, 2025

Johnson Matthey Plc has been notified of a significant change in its shareholder structure, as Bank of America Corporation has crossed a major threshold in its holdings. This change in financial instruments and voting rights could impact Johnson Matthey’s market dynamics and influence its strategic decisions, reflecting the evolving landscape of stakeholder interests.

Business Operations and StrategyRegulatory Filings and Compliance
Johnson Matthey Announces Changes in Major Holdings
Neutral
Feb 21, 2025

Johnson Matthey has announced a change in its financial instruments holdings, as Bank of America Corporation has acquired or disposed of significant voting rights. The transaction indicates a total of 14.013799% voting rights through financial instruments, impacting the company’s stakeholder engagement and financial strategy.

Regulatory Filings and Compliance
Johnson Matthey Announces Change in Voting Rights
Neutral
Feb 20, 2025

Johnson Matthey Plc announced an acquisition or disposal of voting rights involving Bank of America Corporation, which resulted in a change in the percentage of voting rights held. This notification suggests a shift in the company’s shareholder dynamics, potentially impacting its governance and strategic direction.

Executive/Board ChangesBusiness Operations and Strategy
Johnson Matthey Executives Acquire Shares Under Incentive Plan
Positive
Feb 20, 2025

Johnson Matthey Plc announced the monthly acquisition of shares by key executives as part of their Share Incentive Plan. Transactions were conducted on 19th February 2025 at the London Stock Exchange, involving various executives including the CEO, CFO, and other senior officers. This initiative underlines the commitment of the leadership team to align their interests with shareholders, potentially enhancing stakeholder confidence in the company’s strategic direction.

Private Placements and FinancingBusiness Operations and Strategy
Johnson Matthey Sees Major Stake Acquisition by Bank of America
Neutral
Feb 19, 2025

Johnson Matthey Plc announced a significant change in its shareholder structure, with Bank of America Corporation acquiring a notable stake through financial instruments, bringing its total voting rights to 14.03%. This change in holdings could influence the company’s market dynamics and stakeholder interests, highlighting the strategic importance of financial instruments in corporate governance.

Executive/Board ChangesBusiness Operations and Strategy
Johnson Matthey CFO Designate Acquires 75,000 Shares
Positive
Feb 13, 2025

Johnson Matthey Plc announced a transaction involving Richard Pike, the Chief Financial Officer Designate, who acquired 75,000 shares in the company through a Self-Invested Personal Pension. This transaction, conducted on the London Stock Exchange, reflects confidence in the company’s financial positioning and may impact its market perception and stakeholder confidence.

DividendsBusiness Operations and Strategy
Johnson Matthey Executives Reinvest Dividends in Company Shares
Positive
Feb 13, 2025

Johnson Matthey Plc announced a series of transactions involving managerial figures reinvesting dividends to purchase ordinary shares through the company’s Share Incentive Plan and Computershare’s Vested Share Account. The transactions, conducted on the London Stock Exchange, highlight confidence in the company’s future performance, potentially boosting stakeholder trust and solidifying its industry position.

Executive/Board Changes
Johnson Matthey Announces CFO Designate Share Award
Neutral
Feb 12, 2025

Johnson Matthey has announced a transaction involving Richard Pike, the Chief Financial Officer Designate, who received a share award under the Johnson Matthey Performance Share Plan. The shares, priced at £16.6620 each, are subject to performance conditions and will vest in 2027, reflecting the company’s commitment to aligning management incentives with long-term performance goals.

Executive/Board ChangesBusiness Operations and Strategy
Johnson Matthey Announces Board Changes Amid Strategic Transformation
Neutral
Feb 10, 2025

Johnson Matthey has announced significant changes to its Board as part of its ongoing transformation strategy. Richard Pike has been appointed as the new Chief Financial Officer, bringing valuable experience in financial leadership and efficiency improvement from his previous roles. Additionally, the company has commenced the search for a new Chair following Patrick Thomas’s decision not to seek re-election, marking another step in its strategic evolution.

DividendsBusiness Operations and Strategy
Johnson Matthey CFO Engages in Share Acquisition through Dividend Plan
Positive
Feb 7, 2025

Johnson Matthey Plc announced a transaction involving its Chief Financial Officer, Stephen Oxley, who acquired shares through the company’s Dividend Reinvestment Plan. This transaction, conducted on the London Stock Exchange, reflects ongoing engagement by senior management in the company’s equity, which may indicate confidence in Johnson Matthey’s future performance and strategic direction.

Business Operations and Strategy
Johnson Matthey Experiences Shift in Major Shareholder Voting Rights
Neutral
Feb 6, 2025

Johnson Matthey Plc has announced a significant change in its shareholder structure as Bank of America Corporation has crossed a major voting rights threshold, now holding 14.087504% of voting rights, up from the previous 13.979825%. This adjustment in holdings could potentially influence the strategic direction and decision-making processes within Johnson Matthey, reflecting a notable shift in stakeholder influence.

M&A TransactionsBusiness Operations and Strategy
Johnson Matthey Forms Investment Committee to Enhance Strategic Oversight
Neutral
Jan 27, 2025

Johnson Matthey has established an Investment Committee to bolster its investment strategies and capital allocation in response to market uncertainties. This committee will oversee investment strategies, major capital projects, and M&A activities, ensuring sustainable shareholder value through strategic cash generation and enhanced returns.

Business Operations and Strategy
Johnson Matthey Advances Transformation Strategy to Boost Value
Positive
Jan 27, 2025

Johnson Matthey announced its ongoing transformation strategy, emphasizing cost reduction, capital discipline, and portfolio rationalization to drive value. The company plans to significantly enhance cash generation and return on capital, including reducing capital expenditure in hydrogen technologies and forming an Investment Committee to oversee financial decisions. The company has achieved notable cost savings, secured growth opportunities, and improved margins in key business areas. Despite challenging market conditions, it has outperformed its peers in total shareholder returns since the CEO’s appointment in 2022.

Business Operations and StrategyRegulatory Filings and Compliance
Johnson Matthey Voting Rights Update Following Bank of America Transaction
Neutral
Jan 23, 2025

Johnson Matthey Plc has experienced a change in voting rights due to an acquisition or disposal by Bank of America Corporation. As of January 22, 2025, the total voting rights held by Bank of America have shifted slightly, now accounting for approximately 13.98% of the voting rights in Johnson Matthey. This adjustment in holdings could influence the company’s governance structure and strategic decisions, impacting its market positioning and stakeholders.

Business Operations and Strategy
Johnson Matthey’s Executive Share Acquisitions Underline Commitment to Shareholder Value
Positive
Jan 23, 2025

Johnson Matthey Plc has announced a series of transactions involving the monthly acquisition of shares by several key executives as part of its Share Incentive Plan. This move, involving figures like the CEO, CFO, and other senior leaders, reinforces the company’s commitment to aligning managerial interests with shareholder value, potentially impacting stakeholder confidence positively.

Business Operations and StrategyRegulatory Filings and Compliance
Johnson Matthey Announces Change in Major Holdings
Neutral
Jan 22, 2025

Johnson Matthey Plc has announced a change in major holdings, with Ameriprise Financial, Inc. increasing its voting rights from 4.941% to 5.071%. This acquisition indicates a stronger influence of Ameriprise in the company’s decision-making process, potentially impacting its strategic direction and operations.

Johnson Matthey’s Voting Rights Shift Due to Bank of America Transaction
Jan 15, 2025

Johnson Matthey PLC has announced a significant change in the voting rights structure due to a transaction involving Bank of America Corporation. The adjustment results in Bank of America holding 14.01% of total voting rights in Johnson Matthey, marking an increase from a previous position of 13.54%. This transaction could impact the company’s governance and decision-making processes, potentially influencing its strategic direction.

Johnson Matthey Emphasizes Strategic Transformation in Response to Stakeholder Concerns
Jan 8, 2025

Johnson Matthey Plc responded to a letter from Standard Investments, emphasizing its commitment to enhancing shareholder value through improved share price performance and strategic transformation. The company is concentrating on cost reduction, manufacturing consolidation, and organizational changes to adapt to market challenges, alongside forming a new Investment Committee to optimize capital allocation.

Johnson Matthey Reports Change in Major Shareholding Positions
Jan 7, 2025

Johnson Matthey Plc has announced a change in major shareholding positions, following an acquisition or disposal of financial instruments by Bank of America Corporation. The company’s voting rights percentage increased slightly from 13.036% to 13.544%, indicating a consolidation of its shareholder base, which could lead to enhanced stability and influence in corporate decision-making.

Johnson Matthey Announces Shift in Major Shareholder Holdings
Jan 3, 2025

Johnson Matthey Plc has announced a change in the major holdings of its voting rights, following a transaction involving Bank of America Corporation. This adjustment reflects an increase in Bank of America’s voting rights, indicating a strengthened position in Johnson Matthey’s shareholder structure. The move may impact Johnson Matthey’s strategic decisions and influence its market positioning, potentially affecting stakeholders including investors and partners.

Johnson Matthey Announces Total Voting Rights
Dec 31, 2024

Johnson Matthey Plc has announced its total issued share capital as of December 31, 2024, totaling 177,287,098 ordinary shares, including 9,448,309 shares held in treasury. With 167,838,789 ordinary shares having one voting right each, this notification helps shareholders determine their interest in the company, in compliance with the FCA’s Disclosure Guidance and Transparency Rules.

Johnson Matthey Sees Change in Major Shareholder Holdings
Dec 27, 2024

Johnson Matthey has announced a change in major holdings, with Bank of America Corporation crossing a legal entity level threshold, now holding 12.736% of voting rights in the company. This adjustment in holdings could influence Johnson Matthey’s strategic decisions and impact its market operations, given the significant stake held by a major financial institution.

Bank of America Increases Stake in Johnson Matthey
Dec 23, 2024

Johnson Matthey has reported a significant change in its shareholders’ structure as Bank of America Corporation has increased its financial stake in the company. The acquisition of financial instruments has raised Bank of America’s total voting rights in Johnson Matthey to 12.66%, which could influence future strategic decisions and stakeholder interests.

Johnson Matthey Executives Acquire Shares in Strategic Move
Dec 19, 2024

Johnson Matthey Plc has announced the monthly acquisition of shares by several of its senior executives, including the CEO and other top managerial personnel, through its Share Incentive Plan. This transaction, conducted on the London Stock Exchange, underscores the company’s commitment to aligning its leadership’s interests with shareholder value, potentially strengthening investor confidence and enhancing its market position.

Bank of America Increases Stake in Johnson Matthey Plc
Dec 18, 2024

Johnson Matthey Plc has announced a significant change in its financial holdings, as Bank of America Corporation has crossed a major threshold in its voting rights within the company. This adjustment, involving both direct and indirect voting rights through financial instruments, indicates a strategic move by Bank of America, potentially impacting the company’s governance and shareholder dynamics.

Johnson Matthey Announces Change in Voting Rights Structure
Dec 18, 2024

Johnson Matthey Plc has announced a change in the breakdown of voting rights, following an acquisition or disposal of financial instruments by Jefferies Financial Group Inc. This development reflects a shift in the voting position, with Jefferies now holding 3.228% of the voting rights through financial instruments. This adjustment in shareholder composition may impact the company’s strategic decisions and could influence stakeholder engagement moving forward.

Johnson Matthey Reports Major Shareholding Changes
Dec 16, 2024

Johnson Matthey Plc announced a notification of major holdings involving the acquisition or disposal of financial instruments by Bank of America Corporation. The changes in voting rights indicate a significant shift in the company’s shareholder structure, with voting rights through financial instruments decreasing to 6.755% from a previous 15.285%. This adjustment could impact the company’s governance and stakeholder dynamics.

Johnson Matthey: Major Shareholding Change with Standard Latitude
Dec 16, 2024

Johnson Matthey Plc has announced that Standard Latitude Master Fund Ltd., based in the Cayman Islands, has crossed a significant threshold in acquiring voting rights and financial instruments related to the company, reaching a total of 11.01%. This development, effective December 13, 2024, marks a change in the shareholder structure, potentially impacting corporate governance and decision-making processes within Johnson Matthey, reflecting ongoing shifts in investor interest and positioning within the industry.

Johnson Matthey Responds to Shareholder Concerns, Commits to Market Strategy
Dec 16, 2024

Johnson Matthey Plc acknowledged a letter from Standard Investments and emphasized its commitment to enhancing performance and cash flow while maintaining strong capital discipline. The company is actively engaging with shareholders and adapting its strategy to address market challenges, with plans to provide further updates in the future.

Johnson Matthey Completes Share Buyback Program
Dec 13, 2024

Johnson Matthey Plc announced the completion of its share buyback program, which began in July 2024, acquiring a total of 779 ordinary shares on the London Stock Exchange. The completion of this program could positively impact the company’s stock value and demonstrate a commitment to returning value to shareholders.

Johnson Matthey Executes Significant Share Buyback
Dec 12, 2024

Johnson Matthey Plc announced the repurchase of 221,551 of its ordinary shares as part of a share buyback program initiated in July 2024. The purchase, conducted through Citigroup Global Markets Limited, involved an average price of 1,395.07 pence per share, and the acquired shares will be cancelled, indicating the company’s efforts to enhance shareholder value and optimize capital structure.

Johnson Matthey Executes Share Buyback Program to Enhance Shareholder Value
Dec 11, 2024

Johnson Matthey Plc has announced the repurchase of 286,286 of its ordinary shares as part of its ongoing buyback program. This move, facilitated by Citigroup Global Markets Limited, is part of a strategic initiative to optimize the company’s capital structure, potentially enhancing shareholder value by reducing the number of shares outstanding.

Johnson Matthey Sees Shift in Major Shareholder Voting Rights
Dec 10, 2024

Johnson Matthey announced a change in the voting rights held by Bank of America Corporation, which now holds a total of 15.28% voting rights including shares and financial instruments. This shift in holdings indicates a significant stake by a major financial institution, potentially impacting the company’s governance and strategic decisions.

Johnson Matthey Announces Share Buyback on LSE
Dec 10, 2024

Johnson Matthey has repurchased 318,500 of its own shares as part of its ongoing buyback program, with prices per share ranging from 1,399.00p to 1,418.00p. The average price paid was 1,411.24p, and the shares will be cancelled. This move is part of the company’s strategy to enhance shareholder value.

Johnson Matthey Reports Share Capital and Voting Rights
Dec 10, 2024

Johnson Matthey Plc, a company listed on the London Stock Exchange, announced its total issued share capital as of December 4, 2024, which includes 178.7 million ordinary shares. Out of these, 169.3 million shares have one voting right per share, providing a crucial metric for shareholders monitoring their interests. This update is significant for investors tracking the company’s stock and market position.

Johnson Matthey Sees Stake Increase by Jefferies
Dec 9, 2024

Johnson Matthey has seen a change in major holdings, as Jefferies Financial Group Inc. increased its stake in the company to 6.13% through a combination of voting rights and financial instruments. This development comes as the company remains a significant player on the London Stock Exchange, attracting attention from investors and financial groups alike.

Johnson Matthey Sees Stock Holdings Shift with Bank of America
Dec 9, 2024

Johnson Matthey PLC has seen a shift in its stock holdings, with Bank of America Corporation adjusting its financial instruments, resulting in a combined voting rights influence of over 15%. This move signifies a notable engagement from a major financial entity, potentially impacting investor sentiment and market dynamics for Johnson Matthey’s shares.

Johnson Matthey Enhances Shareholder Value with Buyback
Dec 9, 2024

Johnson Matthey has executed a share buyback, purchasing 311,438 of its own shares on the London Stock Exchange, with prices ranging from 1,387.00p to 1,410.00p. The company aims to enhance shareholder value by canceling these shares, following the buyback program initiated earlier in July. This strategic move highlights Johnson Matthey’s commitment to optimizing its capital structure.

Johnson Matthey Sees Shift in Major Holdings
Dec 6, 2024

Johnson Matthey PLC has seen a change in major holdings as Bank of America Corporation adjusts its financial instruments, resulting in a shift of voting rights. The total percentage of voting rights held now stands at 15.042%, reflecting a strategic move in the financial market. Investors may find this development noteworthy as it indicates significant activity around Johnson Matthey shares.

Johnson Matthey Announces Share Buyback Details
Dec 6, 2024

Johnson Matthey has repurchased 298,407 of its own shares on the London Stock Exchange as part of its ongoing buyback program, with prices ranging from 1,372p to 1,396p per share. The average price paid was 1,380.19p, and the shares will be canceled, potentially enhancing shareholder value by reducing the total number of shares in circulation.

Johnson Matthey’s Voting Rights Shift with Jefferies
Dec 5, 2024

Johnson Matthey Plc recently saw a change in its voting rights, as Jefferies Financial Group Inc. increased its stake to 6.087% through share acquisitions and financial instruments. The transaction highlights Jefferies’ growing influence in the company, which could interest investors watching market shifts and shareholder dynamics. Johnson Matthey is listed on the London Stock Exchange, making these developments significant for stock market enthusiasts.

Johnson Matthey Executes Share Buyback Program
Dec 5, 2024

Johnson Matthey has repurchased 248,220 of its ordinary shares as part of a buyback program initiated in July 2024. The shares were bought at an average price of 1,407.96 pence and will be canceled, reflecting the company’s strategy to enhance shareholder value. This buyback activity took place across multiple trading platforms, including the London Stock Exchange and BATS Europe.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.