
Nestle SA (OTCMKTS:NSRGY – Free Report) – Equities researchers at Erste Group Bank lowered their FY2026 earnings estimates for shares of Nestle in a report issued on Tuesday, September 8th. Erste Group Bank analyst S. Lingnau now anticipates that the company will post earnings of $5.57 per share for the year, down from their previous forecast of $5.61. Erste Group Bank has a “Buy” rating on the stock. The consensus estimate for Nestle’s current full-year earnings is $5.60 per share. Erste Group Bank also issued estimates for Nestle’s FY2027 earnings at $5.93 EPS.
Other equities research analysts also recently issued reports about the company. Jefferies Financial Group upgraded Nestle from a “hold” rating to a “buy” rating in a research report on Tuesday, July 21st. Morgan Stanley reaffirmed an “underweight” rating on shares of Nestle in a research note on Thursday, July 2nd. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Nestle currently has a consensus rating of “Hold”.
Nestle Stock Performance
NSRGY opened at $96.64 on Monday. The firm has a 50-day simple moving average of $99.73 and a two-hundred day simple moving average of $100.12. 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 52 week low of $88.47 and a 52 week high of $109.59.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the business. Ramsay Stattman Vela & Price Inc. increased its stake in Nestle by 0.5% during the second quarter. Ramsay Stattman Vela & Price Inc. now owns 60,336 shares of the company’s stock worth $6,196,000 after acquiring an additional 290 shares during the last quarter. Archer Investment Corp bought a new stake in shares of Nestle in the 2nd quarter valued at approximately $522,000. North Star Asset Management Inc. purchased a new position in shares of Nestle in the 2nd quarter worth approximately $775,000. Councilmark Asset Management LLC bought a new position in shares of Nestle during the 2nd quarter valued at approximately $464,000. Finally, Elefante Mark B purchased a new stake in Nestle during the 2nd quarter valued at $825,000. Institutional investors own 0.61% of the company’s stock.
Nestle Company Profile
Nestlé SA is a Switzerland-based food and beverage company whose products are sold internationally through retail, foodservice and other distribution channels. Its portfolio spans coffee, pet care, nutrition and health science, confectionery, dairy products, ice cream, prepared foods and bottled water.
Well-known brands associated with Nestlé include Nescafé, Nespresso, KitKat, Purina, Gerber, Maggi and Nestea, although brand availability varies by market. The company also develops specialized nutrition products for infants, medical settings and other health-related applications.
Nestlé traces its history to 1866, when the Anglo-Swiss Condensed Milk Company was established, and to Henri Nestlé’s development of an infant-food product in 1867.
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