Erste Group Bank Has Positive View of Nestle FY2026 Earnings

Nestle SA (OTCMKTS:NSRGY) – Analysts at Erste Group Bank raised their FY2026 EPS estimates for Nestle in a research report issued to clients and investors on Thursday, August 27th. Erste Group Bank analyst S. Lingnau now anticipates that the company will post earnings of $5.61 per share for the year, up from their previous forecast of $5.58. Erste Group Bank currently has a “Buy” rating on the stock. The consensus estimate for Nestle’s current full-year earnings is $5.61 per share.

Several other analysts also recently commented on the stock. Jefferies Financial Group raised shares of Nestle from a “hold” rating to a “buy” rating in a report on Tuesday, July 21st. Morgan Stanley reissued an “underweight” rating on shares of Nestle in a report on Thursday, July 2nd. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold”.

Nestle Stock Down 0.9%

Shares of NSRGY opened at $96.37 on Monday. The company’s 50-day moving average is $101.05 and its 200-day moving average is $100.61. 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 fifty-two week low of $88.47 and a fifty-two week high of $109.59.

Institutional Trading of Nestle

Several large investors have recently modified their holdings of the stock. Sterling Capital Management LLC increased its position in shares of Nestle by 73.6% in the first quarter. Sterling Capital Management LLC now owns 349 shares of the company’s stock worth $34,000 after purchasing an additional 148 shares during the period. Sfam LLC bought a new stake in Nestle during the fourth quarter worth about $74,000. Cascades Capital Asset Management LLC bought a new stake in Nestle during the fourth quarter worth about $101,000. Lummis Asset Management LP grew its stake in Nestle by 6.9% during the fourth quarter. Lummis Asset Management LP now owns 1,781 shares of the company’s stock worth $177,000 after buying an additional 115 shares in the last quarter. Finally, Vaughan David Investments LLC IL bought a new position in Nestle in the 4th quarter valued at about $207,000. 0.61% of the stock is owned by institutional investors and hedge funds.

About Nestle

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.