Triasima Portfolio Management inc. Sells 19,076 Shares of UBS Group AG $UBS

Triasima Portfolio Management inc. lessened its position in shares of UBS Group AG (NYSE:UBS) by 12.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 135,373 shares of the bank’s stock after selling 19,076 shares during the period. Triasima Portfolio Management inc.’s holdings in UBS Group were worth $6,516,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Assenagon Asset Management S.A. increased its holdings in UBS Group by 43.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 23,716,879 shares of the bank’s stock worth $1,144,417,000 after acquiring an additional 7,180,461 shares during the last quarter. Ninety One UK Ltd raised its stake in UBS Group by 4.7% in the 3rd quarter. Ninety One UK Ltd now owns 7,469,509 shares of the bank’s stock valued at $360,437,000 after acquiring an additional 336,264 shares during the period. Ninety One North America Inc. purchased a new stake in UBS Group during the third quarter valued at about $5,674,000. Turtle Creek Wealth Advisors LLC purchased a new stake in UBS Group during the third quarter valued at about $220,000. Finally, Mather Group LLC. lifted its holdings in UBS Group by 10.9% during the third quarter. Mather Group LLC. now owns 9,947 shares of the bank’s stock valued at $479,000 after purchasing an additional 980 shares during the last quarter.

Key Headlines Impacting UBS Group

Here are the key news stories impacting UBS Group this week:

• Positive Sentiment: Switzerland’s top court overturned a lower-court decision involving bonuses withheld from former Credit Suisse bankers after UBS’s takeover. The ruling supports UBS and the government’s position, potentially limiting compensation-related liabilities from the integration. Credit Suisse bankers denied bonuses stripped after UBS takeover
• Neutral Sentiment: UBS is reportedly considering options including moving its headquarters outside Switzerland or merging with another bank if proposed capital rules become more demanding. The comments highlight UBS’s efforts to manage regulatory costs, but the potential relocation or merger also introduces substantial execution and political uncertainty. UBS mulls options including shifting headquarters, merger with another bank
• Neutral Sentiment: UBS extended its forecast for the Federal Reserve’s tightening cycle and now expects a March rate increase following an inflation surprise. The view could affect market expectations for rates, funding costs and trading conditions, but it is a macroeconomic forecast rather than a change to UBS’s own operations. UBS extends Fed tightening cycle forecast
• Neutral Sentiment: Glencore repurchased and canceled 2.64 million shares from UBS in an off-market transaction. The deal appears to be routine execution of a client share buyback rather than a material earnings catalyst for UBS. Glencore cancels shares in ongoing buyback from UBS
• Negative Sentiment: BNP Paribas hired dealmakers from Santander and UBS to expand its U.K. mergers-and-acquisitions advisory team. The departures could modestly increase competitive pressure and raise concerns about retaining UBS investment-banking talent. BNP Paribas hires UBS dealmakers
• Negative Sentiment: Erste Group Bank made marginal cuts to its UBS earnings forecasts, lowering estimates to $3.66 per share for fiscal 2026 and $4.29 for fiscal 2027. Although both remain above the broader current-year consensus of $3.59, the revisions signal slightly softer expectations.

UBS Group Stock Performance

Shares of UBS opened at $47.78 on Friday. The stock’s 50-day simple moving average is $51.67 and its 200 day simple moving average is $48.92. The stock has a market capitalization of $149.28 billion, a price-to-earnings ratio of 16.25, a price-to-earnings-growth ratio of 0.71 and a beta of 1.21. UBS Group AG has a 52-week low of $36.29 and a 52-week high of $55.99.

UBS Group (NYSE:UBS) last posted its earnings results on Wednesday, July 29th. The bank reported $0.87 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.03). UBS Group had a net margin of 13.10% and a return on equity of 10.50%. The company had revenue of $13.35 billion for the quarter, compared to analysts’ expectations of $13.40 billion. During the same period in the previous year, the firm earned $0.72 EPS. The firm’s quarterly revenue was up 13.2% compared to the same quarter last year. On average, research analysts forecast that UBS Group AG will post 3.59 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on UBS. Royal Bank Of Canada reiterated a “buy” rating on shares of UBS Group in a research report on Monday, September 28th. Keefe, Bruyette & Woods lowered shares of UBS Group from a “hold” rating to a “moderate sell” rating in a research report on Friday, June 19th. DZ Bank restated a “buy” rating on shares of UBS Group in a research note on Thursday, July 30th. Citigroup restated a “neutral” rating on shares of UBS Group in a research note on Monday, July 20th. Finally, Zacks Research raised shares of UBS Group from a “hold” rating to a “strong-buy” rating in a report on Friday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, UBS Group has an average rating of “Hold” and a consensus target price of $60.30.

UBS Group Profile

UBS Group AG (NYSE:UBS) is a Switzerland-based global financial services company serving private, institutional and corporate clients. Its principal businesses include wealth management, asset management, investment banking, and personal and corporate banking in Switzerland.

Through its wealth management business, UBS provides investment advice, portfolio management, lending, estate planning and other financial solutions to high-net-worth and ultra-high-net-worth individuals and families.