Erste Group Bank Brokers Lift Earnings Estimates for Nestle

Nestle SA (OTCMKTS:NSRGY) – Investment analysts at Erste Group Bank lifted their FY2026 earnings per share (EPS) estimates for Nestle in a research report issued on Wednesday, October 21st. Erste Group Bank analyst S. Lingnau now anticipates that the company will post earnings per share of $5.47 for the year, up from their prior forecast of $5.41. Erste Group Bank currently has a “Buy” rating on the stock. The consensus estimate for Nestle’s current full-year earnings is $5.47 per share. Erste Group Bank also issued estimates for Nestle’s FY2027 earnings at $5.81 EPS.

Other equities analysts have also issued reports about the company. Morgan Stanley reiterated an “underweight” rating on shares of Nestle in a research note on Thursday, July 2nd. Jefferies Financial Group raised Nestle from a “hold” rating to a “buy” rating in a research note on Tuesday, July 21st. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Nestle presently has an average rating of “Hold”.

Nestle Stock Performance

NSRGY stock opened at $100.31 on Wednesday. Nestle has a 52-week low of $89.50 and a 52-week high of $109.59. The stock’s fifty day simple moving average is $95.80 and its 200-day simple moving average is $98.98.

Institutional Trading of Nestle

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Sawyer & Company Inc acquired a new position in Nestle during the third quarter valued at approximately $59,000. Delta Capital Management LLC raised its stake in Nestle by 13.4% during the third quarter. Delta Capital Management LLC now owns 20,710 shares of the company’s stock valued at $1,886,000 after buying an additional 2,445 shares in the last quarter. Forbes J M & Co. LLP lifted its stake in Nestle by 1.9% during the third quarter. Forbes J M & Co. LLP now owns 5,892 shares of the company’s stock worth $535,000 after purchasing an additional 112 shares during the last quarter. Copeland Capital Management LLC acquired a new position in shares of Nestle in the 3rd quarter valued at about $216,000. Finally, Douglas Lane & Associates LLC raised its position in shares of Nestle by 0.7% during the 3rd quarter. Douglas Lane & Associates LLC now owns 1,011,074 shares of the company’s stock worth $91,785,000 after purchasing an additional 6,798 shares during the period. Institutional investors and hedge funds own 0.61% of the company’s stock.

Nestle Company Profile

Nestlé SA is a Switzerland-based food and beverage company headquartered in Vevey. Its portfolio includes coffee and other beverages, pet care, nutrition and health science products, dairy and plant-based foods, prepared dishes, confectionery, snacks, and bottled water. Well-known brands include Nescafé, Nespresso, KitKat, Purina, Maggi, Gerber, Perrier, and S.Pellegrino, although product availability varies by market.

The company serves consumers, retailers, food-service operators, and healthcare customers across markets worldwide.