Added to YB: 2026-08-03
Pitch date: 2026-07-30
SN.L [neutral]
Smith & Nephew plc
-0.47%
current return
Author Info
No bio for this author
Company Info
Smith & Nephew plc, together with its subsidiaries, develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.
Market Cap
GBP 13.1B
Pitch Price
GBP 11.64
Price Target
N/A
Dividend
2.51%
EV/EBITDA
10.61
P/E
21.78
EV/Sales
2.58
Sector
Health Care Equipment and Supplies
Category
special_situation
This Week in Special Situations - Smith & Nephew
SN.L (overview): Cevian Capital built largest-ever position at 14% ($1.67B, 119M shares), targeting breakup of 3-division medtech into Ortho, Sports Med/ENT, Wound Mgmt units. Mgmt open to split since Mar 2025; top-20 holders push divesting Ortho. Cevian track record: Ericsson, ABB, Vodafone. Insider ownership ~0.2% = weak board defense. Catalysts: Aug 4 H1 results, 13D anniversary.
Read full article (1 min)