[Hot Stock] Samsung Heavy Industries Surges Over 5% After BlackRock Announces 5% Stake
The share price of Samsung Heavy Industries is showing a strong increase of over 5% on the domestic stock market on the morning of April 2, 2026.
As of 9:20 a.m. on this day, Samsung Heavy Industries is trading at 28,400 won, up 5.19% from the previous session.
This is interpreted as being influenced by the announcement made the previous day that global asset manager BlackRock holds more than 5% of Samsung Heavy Industries shares for investment purposes. Expectations for increased orders and an improving shipbuilding industry are also fueling the buying trend.
Samsung Heavy Industries also announced the previous day that it had won an order worth 342 billion won for two eco-friendly Very Large Gas Carriers (VLGC) from a shipping company based in Bermuda. The company’s cumulative order intake for this year stands at 16 vessels, totaling 3.1 billion dollars, achieving approximately 22% of its annual order target of 13.9 billion dollars.
The market expects Samsung Heavy Industries, which recovered annual sales in the 10 trillion won range last year, to surpass 13 trillion won this year. LS Securities forecasts that the company will post consolidated sales of 13.5 trillion won and operating profit of 1.67 trillion won this year, a significant improvement compared to the previous year.
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Jaehyuk Lee, a research analyst at LS Securities, selected Samsung Heavy Industries as a top pick in the shipbuilding sector in a report last month, stating, “While valuation merits within the sector continue to stand out, order events are expected to continue in both shipbuilding and offshore divisions.”
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