London, Feb 13, 2026, 09:11 GMT — Regular session
- SSE slipped roughly 0.5% at the open, pulling back after reaching a new 52-week high earlier this week.
- Capital Group disclosed a 5.07% stake, filings show, while a senior manager unloaded 2,000 shares.
- Eyes now turn to the May 28 results, with investors watching for any word on funding or fresh investment news.
At 0856 GMT on Friday, shares of SSE (SSE.L) slipped 0.5% to 2,603 pence. Earlier this week, the FTSE 100 utility reached a 52-week high of 2,643 pence. For now, the stock has moved between 2,591 and 2,627 pence in today’s session. (Share Prices)
The drop is minor so far, though it follows a fast climb that drew new cash into the name—leaving shares twitchier to filings and subtle hints about who’s buying or selling.
Signals emerged from two filings over the past two days. In the UK, a TR-1 marks when an investor hits a voting rights threshold. A PDMR? That’s a top manager—any share trades get reported.
The Capital Group Companies, Inc. revealed a 5.071021% stake in SSE’s voting rights, amounting to roughly 61.5 million votes, after crossing the threshold on Feb. 9, a TR-1 filing showed. The position comes via shares and depositary receipts, per the notice. (Share Prices)
SSE disclosed that Samuel Peacock, who’s categorized as a person discharging managerial responsibilities, offloaded 2,000 ordinary shares at £26.1379 apiece on Feb. 12, according to a regulatory filing. (Share Prices)
It’s been a choppy backdrop. The FTSE 100 dipped 0.7% Thursday—deal chatter tried to help but couldn’t outweigh the risk-off mood sweeping global markets. Investors, eyeing weaker UK growth, have started to price in another Bank of England rate cut for March. (Reuters)
Utilities in Europe found themselves whipsawed again, thanks to fresh headlines about carbon and power markets. “If CO2 credits fall, power prices drop. And when power prices drop, generators earn less,” wrote Luca Moro, CIO at SpesX, in a note this week. Chatter about tweaks to the EU emissions trading system rattled carbon prices and sent utility shares sliding. (Reuters)
SSE’s latest guidance is still front of mind for investors. Back on Feb. 4, the company projected adjusted earnings per share would land between 144 and 152 pence for the year to March 2026—lower than last year’s numbers. CFO Barry O’Regan said, “our focus has been on accelerating investment and delivering the plan.” SSE also cautioned that the forecast hinges on weather, market conditions, and how reliably its plants are running. (Reuters)
But with shares already up, there’s less cushion for error. Stumbles in regulated returns, setbacks on major network projects, or another bout of lousy weather—any of these could quickly intensify questions about what investors ought to shell out for the supposed growth story.
SSE’s next big update lands May 28, with preliminary results for the year to March 31. That’s when investors will be watching for specifics on capital spending, funding, and dividends. (Sse)
