Renaissance Technologies LLC Makes New $370,000 Investment in NIQ Global Intelligence plc $NIQ

Renaissance Technologies LLC acquired a new stake in shares of NIQ Global Intelligence plc (NYSE:NIQ) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 32,500 shares of the company’s stock, valued at approximately $370,000.

Several other institutional investors and hedge funds have also modified their holdings of NIQ. Gabelli Funds LLC boosted its stake in shares of NIQ Global Intelligence by 7.0% in the first quarter. Gabelli Funds LLC now owns 505,000 shares of the company’s stock worth $5,742,000 after buying an additional 33,000 shares during the last quarter. Gamco Investors INC. ET AL raised its position in NIQ Global Intelligence by 6.4% during the first quarter. Gamco Investors INC. ET AL now owns 103,860 shares of the company’s stock valued at $1,181,000 after acquiring an additional 6,225 shares in the last quarter. Public Employees Retirement System of Ohio lifted its holdings in NIQ Global Intelligence by 41.2% in the first quarter. Public Employees Retirement System of Ohio now owns 20,225 shares of the company’s stock valued at $230,000 after acquiring an additional 5,899 shares during the period. Dimensional Fund Advisors LP acquired a new position in NIQ Global Intelligence in the first quarter valued at approximately $278,000. Finally, Bank of New York Mellon Corp boosted its position in NIQ Global Intelligence by 10.6% in the 1st quarter. Bank of New York Mellon Corp now owns 77,476 shares of the company’s stock worth $881,000 after purchasing an additional 7,454 shares in the last quarter.

NIQ Global Intelligence Stock Performance

Shares of NIQ stock opened at $17.33 on Wednesday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 3.01. NIQ Global Intelligence plc has a 12-month low of $7.93 and a 12-month high of $18.70. The business’s 50 day moving average is $10.95 and its two-hundred day moving average is $10.97. The company has a market capitalization of $5.11 billion and a P/E ratio of -14.20.

NIQ Global Intelligence (NYSE:NIQ) last posted its quarterly earnings data on Monday, August 10th. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.07. The business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.11 billion. NIQ Global Intelligence had a positive return on equity of 14.84% and a negative net margin of 8.01%.NIQ Global Intelligence has set its FY 2026 guidance at 1.080-1.120 EPS and its Q3 2026 guidance at 0.220-0.240 EPS. Analysts expect that NIQ Global Intelligence plc will post 0.89 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on NIQ shares. BMO Capital Markets set a $16.00 price objective on shares of NIQ Global Intelligence in a research note on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of NIQ Global Intelligence from $14.00 to $15.00 and gave the company a “hold” rating in a research note on Tuesday, August 11th. Wells Fargo & Company increased their price target on shares of NIQ Global Intelligence from $13.00 to $16.50 and gave the stock an “overweight” rating in a report on Tuesday, August 11th. Stifel Nicolaus raised their price target on shares of NIQ Global Intelligence from $16.00 to $17.00 and gave the company a “buy” rating in a research report on Tuesday, August 11th. Finally, Royal Bank Of Canada lifted their price objective on shares of NIQ Global Intelligence from $13.00 to $17.00 and gave the company an “outperform” rating in a report on Tuesday, August 11th. Seven equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.28.

NIQ Global Intelligence Company Profile

Nuveen Intermediate Duration Quality Municipal Term Fund is a close ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests into public fixed income markets of the United States. The fund seeks to invest in stocks of companies that are operating across diversified sectors. It primarily invests in municipal securities that are exempt from federal income taxes, and seeks to maintain a portfolio with an intermediate effective duration of between 3 and 10 years, including the effects of leverage.