Coats Group stock fell 1.41 percent as Norges Bank raised its stake

Published on 10/04/2026 at 15:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Coats Group stock was last at GBp 80.45 on October 2, 2026, while Norges Bank lifted its holding to 4.005390 percent. The price was 18.4 percent below its yearly high.

Fotorealistische Innenansicht einer industriellen Nähfaden-Fabrikhalle mit bunten Spulen — Coats Group plc GB0002335270 zeigt fotorealistische Fadenfabrik mit farbigen Spulen in großer moderner Produktionshalle, Illustration mit AI erstellt.

Coats Group stock was last at GBp 80.45 on the London Stock Exchange on October 2, 2026, down 1.41 percent from the prior close. Investegate reported that Norges Bank increased its Coats Group holding after crossing the 4 percent voting-rights threshold.

Norges Bank crosses 4 percent

The notification states that Norges Bank held 76,798,315 shares, equal to 4.005390 percent of voting rights, after crossing the threshold on September 30, 2026. The previous notification showed 3.007270 percent, making the disclosed increase 0.998120 percentage points.

The issuer named in the filing is Coats Group PLC, and the security identifier is GB00B4YZN328. The notification was sent to the company on October 1, 2026, before the filing appeared on October 2, 2026.

Stock remains below yearly high

The October 2 quote put the stock 18.4 percent below its 52-week high of GBp 98.60 and above its 52-week low of GBp 58.25. The range spans GBp 40.35, giving the latest quote a position 22.20 pence above the yearly low.

Trading volume reached 2,728,688 shares on October 2, while the session opened at GBp 80.50 and reached a high of GBp 82.25. The intraday low was GBp 79.80, so the last price remained within the day's quoted range.

Manufacturing portfolio supports the story

Coats Group operates in industrials and manufacturing textiles, supplying threads, yarns, zips, structural components, insoles, fabrics and trims. Its products serve apparel, footwear, performance materials and other industrial applications.

That mix gives the holding notification a business context beyond the share count. Apparel and footwear products sit alongside technical materials, allowing the group to address consumer and industrial end markets through one manufacturing platform.

Market value and trading scale

Coats Group had a market capitalization of GBP 1.5 billion on October 2, 2026. The combination of the market value, the 2,728,688-share volume and the 18.4 percent discount to the yearly high frames the latest session as a measurable market checkpoint.

For investors, the key contrast is between the disclosed institutional position and the share price. Norges Bank's holding rose from 3.007270 percent to 4.005390 percent, while Coats Group stock was last at GBp 80.45 on the LSE.