Sanford C. Bernstein reaffirmed their buy rating on shares of Anheuser-Busch InBev SA/NV (NYSE:BUD – Free Report) in a report issued on Wednesday,MarketScreener reports.
Several other analysts also recently weighed in on the stock. Wells Fargo & Company boosted their price target on shares of Anheuser-Busch InBev SA/NV from $88.00 to $93.00 and gave the stock an “overweight” rating in a research note on Wednesday. The Goldman Sachs Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, February 13th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday. Royal Bank Of Canada reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday. Finally, Berenberg Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $91.61.
Check Out Our Latest Research Report on BUD
Anheuser-Busch InBev SA/NV Stock Performance
Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Free Report) last posted its quarterly earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share for the quarter. The business had revenue of $15.27 billion during the quarter. Anheuser-Busch InBev SA/NV had a net margin of 11.90% and a return on equity of 12.26%. Research analysts expect that Anheuser-Busch InBev SA/NV will post 4.24 EPS for the current year.
Anheuser-Busch InBev SA/NV Announces Dividend
The company also recently disclosed a dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 8th will be paid a dividend of $1.1735 per share. This represents a dividend yield of 294.0%. The ex-dividend date of this dividend is Friday, May 8th. Anheuser-Busch InBev SA/NV’s dividend payout ratio is 6.56%.
Hedge Funds Weigh In On Anheuser-Busch InBev SA/NV
Hedge funds and other institutional investors have recently modified their holdings of the company. Bogart Wealth LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 3,800.0% during the fourth quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock valued at $25,000 after acquiring an additional 380 shares during the last quarter. Birchwood Financial Partners Inc. bought a new position in shares of Anheuser-Busch InBev SA/NV during the fourth quarter valued at about $26,000. GHP Investment Advisors Inc. bought a new position in shares of Anheuser-Busch InBev SA/NV during the first quarter valued at about $32,000. Parkside Financial Bank & Trust increased its position in shares of Anheuser-Busch InBev SA/NV by 79.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock valued at $32,000 after buying an additional 220 shares during the period. Finally, Mather Group LLC. purchased a new position in shares of Anheuser-Busch InBev SA/NV during the third quarter valued at about $34,000. 5.53% of the stock is owned by institutional investors.
Anheuser-Busch InBev SA/NV News Summary
Here are the key news stories impacting Anheuser-Busch InBev SA/NV this week:
- Positive Sentiment: JPMorgan raised its price target on Anheuser-Busch InBev SA/NV (BUD) from $84.00 to $93.83 and kept an overweight rating, signaling meaningful upside from recent trading levels. JPMorgan raises price target on Anheuser-Busch InBev
- Positive Sentiment: Bank of America Securities initiated or reiterated a buy stance, while Citi also kept its buy rating, adding to the bullish analyst sentiment around BUD. Bank of America buy rating Citi buy rating
- Positive Sentiment: Goldman Sachs, Barclays, and Jefferies all reaffirmed buy ratings, reinforcing the view that analysts see continued earnings and valuation support for Anheuser-Busch InBev SA/NV (BUD). Goldman Sachs buy rating Barclays buy rating Jefferies buy rating
- Positive Sentiment: Commentary around the company’s quarterly results points to better volume trends and a possible turnaround, which is helping investor confidence in the stock. Volume growth signals turnaround
- Neutral Sentiment: Some recent articles frame BUD as a long-term momentum or dividend stock, which is supportive but not a direct catalyst for near-term price movement. Zacks momentum article Dividend income article
- Neutral Sentiment: A Seeking Alpha piece argues the strong quarterly results may leave room for value, echoing the positive earnings narrative without adding a new hard catalyst. Seeking Alpha quarterly results article
About Anheuser-Busch InBev SA/NV
Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.
AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.
Further Reading
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