FY2026 EPS Estimates for Nestle Lowered by Erste Group Bank

Nestle SA (OTCMKTS:NSRGY) – Research analysts at Erste Group Bank reduced their FY2026 earnings estimates for Nestle in a report issued on Thursday, June 25th. Erste Group Bank analyst S. Lingnau now expects that the company will post earnings of $5.45 per share for the year, down from their previous forecast of $5.54. The consensus estimate for Nestle’s current full-year earnings is $5.66 per share. Erste Group Bank also issued estimates for Nestle’s FY2027 earnings at $5.80 EPS.

NSRGY has been the topic of several other reports. Jefferies Financial Group reiterated a “hold” rating on shares of Nestle in a report on Sunday. Royal Bank Of Canada reissued a “sector perform” rating on shares of Nestle in a research note on Friday, April 24th. Finally, Morgan Stanley restated an “underweight” rating on shares of Nestle in a report on Thursday, April 30th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Nestle has a consensus rating of “Hold”.

Nestle Trading Down 1.8%

Shares of NSRGY opened at $102.69 on Wednesday. The company’s fifty day simple moving average is $99.83 and its 200-day simple moving average is $99.40. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.79 and a quick ratio of 0.47. Nestle has a twelve month low of $86.98 and a twelve month high of $109.59.

Institutional Investors Weigh In On Nestle

Several hedge funds have recently made changes to their positions in NSRGY. Resources Management Corp CT ADV increased its stake in shares of Nestle by 2,727.9% during the third quarter. Resources Management Corp CT ADV now owns 65,042 shares of the company’s stock valued at $5,969,000 after buying an additional 62,742 shares during the period. Opal Capital LLC bought a new position in Nestle during the 1st quarter worth about $3,398,000. Douglas Lane & Associates LLC increased its position in Nestle by 3.6% during the 4th quarter. Douglas Lane & Associates LLC now owns 957,576 shares of the company’s stock valued at $95,171,000 after purchasing an additional 33,232 shares during the period. Ramirez Asset Management Inc. lifted its position in shares of Nestle by 88.8% in the 3rd quarter. Ramirez Asset Management Inc. now owns 57,151 shares of the company’s stock worth $5,249,000 after purchasing an additional 26,888 shares during the period. Finally, Generali Investments CEE investicni spolecnost a.s. boosted its stake in shares of Nestle by 57.1% during the fourth quarter. Generali Investments CEE investicni spolecnost a.s. now owns 37,160 shares of the company’s stock valued at $3,671,000 after purchasing an additional 13,510 shares in the last quarter. 0.61% of the stock is currently owned by hedge funds and other institutional investors.

Nestle Company Profile

Nestlé SA is a Swiss multinational food and beverage company headquartered in Vevey, Switzerland. Founded in 1866 by Henri Nestlé, the company has grown into a global consumer goods firm and its American depositary receipts trade in the United States under the OTCMKTS ticker NSRGY. Nestlé operates across a broad range of food and beverage categories and is widely recognized for its portfolio of consumer-facing brands and products.

The company’s main business activities include the manufacture, marketing and distribution of products in categories such as coffee and other beverages, bottled water, dairy and infant nutrition, prepared meals and culinary products, confectionery, and pet care.