Ermenegildo Zegna (NYSE: ZGN) has recently received a number of price target changes and ratings updates:
- 5/9/2026 – Ermenegildo Zegna was upgraded by Wall Street Zen from “hold” to “buy”.
- 5/1/2026 – Ermenegildo Zegna had its price target raised by TD Cowen from $11.00 to $13.00. They now have a “hold” rating on the stock.
- 5/1/2026 – Ermenegildo Zegna had its “buy” rating reaffirmed by UBS Group AG. They now have a $14.50 price target on the stock.
- 4/26/2026 – Ermenegildo Zegna was downgraded by Wall Street Zen from “buy” to “hold”.
- 4/20/2026 – Ermenegildo Zegna had its “hold (c)” rating reaffirmed by Weiss Ratings.
- 4/18/2026 – Ermenegildo Zegna was upgraded by Wall Street Zen from “hold” to “buy”.
Ermenegildo Zegna Cuts Dividend
The firm also recently declared an annual dividend, which will be paid on Wednesday, July 29th. Stockholders of record on Monday, July 6th will be issued a dividend of $0.12 per share. The ex-dividend date is Monday, July 6th. This represents a dividend yield of 99.0%.
Insider Buying and Selling at Ermenegildo Zegna
In related news, CEO Gianluca Ambrogio Tagliabue sold 19,105 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $13.12, for a total transaction of $250,657.60. Following the transaction, the chief executive officer directly owned 167,720 shares of the company’s stock, valued at approximately $2,200,486.40. The trade was a 10.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Alessandro Sartori sold 6,505 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $13.12, for a total transaction of $85,345.60. Following the completion of the transaction, the director owned 142,237 shares in the company, valued at approximately $1,866,149.44. This represents a 4.37% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 31,378 shares of company stock valued at $411,679 in the last 90 days. 1.20% of the stock is currently owned by corporate insiders.
Ermenegildo Zegna is a global luxury fashion house specializing in men’s tailored clothing, casualwear, accessories, footwear and fragrances. With a focus on high-quality fabrics and craftsmanship, the company manages the entire value chain from wool sourcing and textile production to garment design, manufacturing and retail distribution.
Founded in 1910 by Ermenegildo Zegna in Trivero, Italy, the company began as a textile mill dedicated to producing fine wool fabrics. Over the decades it expanded into ready-to-wear clothing and built a reputation for sartorial excellence.
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