Morningstar UK – News

Morningstar UK – News

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European stock, fund and markets coverage with valuation and macro context.

Rheinmetall Ahead of Earnings: Europe's Rearmament Drives Orders, Stock Still Has Upside
NewsMar 10, 2026

Rheinmetall Ahead of Earnings: Europe's Rearmament Drives Orders, Stock Still Has Upside

Rheinmetall will release its FY 2025 results on March 11, with analysts expecting a Q4 order surge as German procurement resumes and broader European rearmament picks up. The strongest demand is projected in weapons and ammunition, while electronic solutions should gain from...

By Morningstar UK – News
National Grid: Raising Economic Moat Rating to Narrow and Fair Value Estimate
NewsMar 10, 2026

National Grid: Raising Economic Moat Rating to Narrow and Fair Value Estimate

Morningstar raised National Grid’s economic moat rating to Narrow and lifted its fair‑value estimate by 19% to GBX 1,440. The utility accepted the final RIIO‑T3 2026‑31 regulatory determination and extended its business plan to 2031, keeping 10% asset‑growth guidance while boosting...

By Morningstar UK – News
How Income Investors Can Avoid Dividend Traps in 2026
NewsMar 10, 2026

How Income Investors Can Avoid Dividend Traps in 2026

Equity‑income yields have slipped to historic lows, with the Morningstar US Market Index delivering under 1.2% in Q1 2026 and the global ex‑US index at just 2.6%. The article warns that chasing high‑yield stocks often leads investors into financially stressed companies,...

By Morningstar UK – News
An Undervalued Stock to Buy and Hold for the Long Term
NewsMar 9, 2026

An Undervalued Stock to Buy and Hold for the Long Term

Fresenius Medical Care (FME) is in a transition year, grappling with weak US treatment growth and new product‑launch investments, yet Morningstar still rates it a 5‑star, narrow‑moat stock. The company trades about 41% below its EUR 67 fair‑value estimate and offers...

By Morningstar UK – News
Wizz Air: Middle East Disruption Triggers EUR 50 Million Earnings Hit
NewsMar 9, 2026

Wizz Air: Middle East Disruption Triggers EUR 50 Million Earnings Hit

Wizz Air warned that the Middle East conflict will cut its fiscal 2026 net income by roughly EUR 50 million, turning a projected €25 million profit into a €25 million loss. The hit stems from suspended flights to Israel, the UAE and Jordan and...

By Morningstar UK – News
London Stock Exchange: Rapid LLM Development Pace Increases Uncertainty; Base Case Unchanged
NewsMar 9, 2026

London Stock Exchange: Rapid LLM Development Pace Increases Uncertainty; Base Case Unchanged

Morningstar raised London Stock Exchange Group’s uncertainty rating to High as rapid advances in large‑language models (LLMs) could reshape its data business. The firm keeps its fair‑value estimate at GBX 11,900 and maintains a wide economic moat rating. The base case...

By Morningstar UK – News
10 Stocks the Best US Fund Managers Have Been Buying Recently
NewsMar 9, 2026

10 Stocks the Best US Fund Managers Have Been Buying Recently

In early 2026, a volatile U.S. equity market prompted analysts to isolate the most active, highly rated large‑cap fund managers and track their recent purchases. Screening 25 portfolios revealed ten stocks that attracted the most buying, led by Netflix, which...

By Morningstar UK – News
After Taking a Breather, Why Japan Stocks Could Keep Rising
NewsMar 9, 2026

After Taking a Breather, Why Japan Stocks Could Keep Rising

Japan’s equity market has paused as the Iran‑Israel conflict lifts oil and gas prices, pulling TOPIX and the Nikkei down about 4% after strong YTD gains. Analysts argue the market remains fairly valued, with forward earnings multiples around 17.5×, and...

By Morningstar UK – News
Where to Invest As Iran War Hits Global Stock Markets
NewsMar 6, 2026

Where to Invest As Iran War Hits Global Stock Markets

The Iran‑related conflict has nudged global equity markets lower, with Europe’s index down nearly 5 % and the U.S. benchmark off about 1 %. Oil prices surged above $84 a barrel, benefitting energy stocks, while shipping firms posted double‑digit gains despite limited...

By Morningstar UK – News
Reckitt Earnings: Emerging Markets Lead Growth While Developed Markets Struggle; Shares Cheap
NewsMar 5, 2026

Reckitt Earnings: Emerging Markets Lead Growth While Developed Markets Struggle; Shares Cheap

Reckitt Benckiser posted 5.4% like‑for‑like sales growth in Q4, with the core portfolio up 5.9% and beating its own consensus. The expansion came almost entirely from emerging markets, where China and India delivered double‑digit gains, while Europe contracted 4.5% in...

By Morningstar UK – News
Rentokil Earnings: North American Organic Revenue Momentum Drives 13% Share Price Rise
NewsMar 5, 2026

Rentokil Earnings: North American Organic Revenue Momentum Drives 13% Share Price Rise

Rentokil Initial reported 2.6% organic revenue growth in North America for Q4 2025, reversing an early‑year dip and driving a 13% jump in its share price. The pest‑control specialist also posted an 82.2% colleague retention rate, marking 12 consecutive quarters of...

By Morningstar UK – News
The Worst-Performing Investment Trusts in February 2026
NewsMar 5, 2026

The Worst-Performing Investment Trusts in February 2026

In February 2026 a cluster of UK‑listed investment trusts posted sharp share‑price declines, with private‑equity vehicles dominating the ten worst performers. Chrysalis Investments slumped 12.86%, HgCapital Trust fell 11.95%, and CT Private Equity lost 10.53%, all trading at deep discounts...

By Morningstar UK – News
ASM Earnings: Multiple Bullish Signals Across the Board, but Shares Look Fully Valued Now
NewsMar 5, 2026

ASM Earnings: Multiple Bullish Signals Across the Board, but Shares Look Fully Valued Now

ASM International reported a bullish fourth‑quarter earnings beat, prompting Morningstar to lift its fair‑value estimate to €740 from €635. Management signaled stronger market‑share ambitions at the 1.4‑nm gate‑all‑around node and highlighted a turnaround in China demand for 2026. The guidance...

By Morningstar UK – News
Best- and Worst-Performing UK Stocks
NewsMar 3, 2026

Best- and Worst-Performing UK Stocks

The Morningstar UK Large‑Mid Cap Index climbed 3.8% in May, buoyed by a rally in the basic materials sector. Burberry led the best‑performing stocks with a 43% monthly gain, followed by Johnson Matthey, International Airlines Group, Diploma and St James’s Place. The worst‑performing names were...

By Morningstar UK – News
Melrose Earnings: Strong Results but Shares Down on Revenue Growth Phasing, Long-Term Case Intact
NewsFeb 27, 2026

Melrose Earnings: Strong Results but Shares Down on Revenue Growth Phasing, Long-Term Case Intact

Melrose Industries reported a solid 2025 performance, with like‑for‑like revenue up 8% and margins expanding by 240 basis points to 18%. Free cash flow turned positive, exceeding £100 million after years of restructuring. Despite the strong results, the stock fell 13%...

By Morningstar UK – News
Which European Stocks Pay Dividends in March 2026?
NewsFeb 27, 2026

Which European Stocks Pay Dividends in March 2026?

Morningstar’s March 2026 European dividend screen identifies nine large‑cap companies slated to distribute cash to shareholders. Novo Nordisk tops the list with the highest yield, while DSV posts the lowest payout ratio, prioritizing debt repayment. Only one of the nine stocks...

By Morningstar UK – News
Ocado Earnings: Near-Term Guidance Is Modest, Technology Changes Underway; Lowering Valuation
NewsFeb 26, 2026

Ocado Earnings: Near-Term Guidance Is Modest, Technology Changes Underway; Lowering Valuation

Ocado Group reported a 12% year‑over‑year revenue increase for 2025, with technology revenue up 13% and logistics revenue up 12%, while adjusted EBITDA margin rose to 25% from 16%. The stock fell about 6% after the release, as analysts flagged...

By Morningstar UK – News
Ahead of Earnings, Is London Stock Exchange Group a Buy, Sell or Hold?
NewsFeb 25, 2026

Ahead of Earnings, Is London Stock Exchange Group a Buy, Sell or Hold?

London Stock Exchange Group (LSEG) will publish its Q4 2025 earnings on February 26, with analysts zeroing in on annual subscription‑value growth, 2026 guidance, and the impact of Elliott Investment’s stake. Morningstar’s fair‑value model places the stock at GBX 11,200, assuming a 5%...

By Morningstar UK – News
Anglo American Earnings: Improved Copper and Iron Ore Results Offset by Its Other Businesses
NewsFeb 24, 2026

Anglo American Earnings: Improved Copper and Iron Ore Results Offset by Its Other Businesses

Anglo American posted a 6% year‑over‑year rise in adjusted EBITDA to $6.9 billion, driven by higher copper and iron‑ore prices, while losses in its other divisions slashed net profit after tax 70% to $610 million. The company kept its final dividend at...

By Morningstar UK – News
19 Newly Overvalued Stocks This Month
NewsFeb 20, 2026

19 Newly Overvalued Stocks This Month

Morningstar’s monthly screen flagged 19 Europe‑listed stocks as newly overvalued, moving them into the 2‑star range, while five stocks slipped to 1‑star. The largest‑cap 2‑star names are ASML, Siemens Energy, Rio Tinto, National Grid and Bayer, each trading at a...

By Morningstar UK – News
Centrica Earnings: In Line With Expectations, Share Buyback Pause Disappoints
NewsFeb 19, 2026

Centrica Earnings: In Line With Expectations, Share Buyback Pause Disappoints

Centrica reported a 41% plunge in 2025 earnings per share to GBX 11, matching FactSet consensus. After completing a £2 billion share‑buyback programme, the company announced a pause to the scheme. Soft 2026 guidance, driven by weaker gas and power trading, pushed...

By Morningstar UK – News
BAE Systems Shares Are Up 23% in 2026. Is This FTSE 100 Defense Stock a Buy?
NewsFeb 19, 2026

BAE Systems Shares Are Up 23% in 2026. Is This FTSE 100 Defense Stock a Buy?

BAE Systems posted an 8% revenue rise and a 9% jump in operating profit for 2025, expanding its order book by £2.7 bn versus 2024. The company lifted its dividend 10% to 36p per share, while its stock surged 23% year‑to‑date,...

By Morningstar UK – News
Coca-Cola Europacific Partners Earnings: Nice Profitability Expansion in a Challenging Year
NewsFeb 17, 2026

Coca-Cola Europacific Partners Earnings: Nice Profitability Expansion in a Challenging Year

Coca‑Cola Europacific Partners reported 2025 results with 2.3% revenue growth, 2.7% volume increase and a 5.4% rise in operating profit, driven by pricing power and efficiency initiatives despite headwinds in Germany and Indonesia. The firm’s profitability outperformed forecasts, prompting Morningstar to...

By Morningstar UK – News
10 Stocks the Best European Fund Managers Have Been Buying and Selling
NewsFeb 16, 2026

10 Stocks the Best European Fund Managers Have Been Buying and Selling

Leading European large‑cap equity funds rebalanced portfolios in December, increasing exposure to financial services, healthcare and, to a lesser extent, industrials. At the same time, allocations to basic materials, consumer defensive and technology stocks were trimmed. ASML emerged as the...

By Morningstar UK – News
Unilever Earnings: Solid Volume Growth and Margin Expansion; Shares Fairly Valued
NewsFeb 13, 2026

Unilever Earnings: Solid Volume Growth and Margin Expansion; Shares Fairly Valued

Unilever reported fourth‑quarter underlying sales up 4.2% with volume rising 2.1%, and delivered a full‑year operating margin of 20%, outpacing forecasts. Power brands now account for 79% of sales, reflecting a strategic shift toward higher‑margin categories. The company’s focus on...

By Morningstar UK – News