
Anheuser-Busch InBev SA/NV (NYSE:BUD – Free Report) – Equities researchers at Erste Group Bank cut their FY2026 earnings estimates for Anheuser-Busch InBev SA/NV in a report released on Wednesday, October 21st. Erste Group Bank analyst S. Lingnau now expects that the consumer goods maker will earn $4.58 per share for the year, down from their previous forecast of $4.61. The consensus estimate for Anheuser-Busch InBev SA/NV’s current full-year earnings is $4.39 per share.
Several other research analysts also recently commented on the stock. UBS Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 24th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 24th. TD Cowen dropped their target price on shares of Anheuser-Busch InBev SA/NV from $89.00 to $85.00 and set a “hold” rating for the company in a report on Tuesday, October 13th. Barclays reiterated a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, September 29th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, October 15th. Twelve research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $87.83.
Anheuser-Busch InBev SA/NV Trading Down 0.7%
NYSE BUD opened at $81.38 on Wednesday. The stock has a 50-day moving average of $78.74 and a 200-day moving average of $77.53. Anheuser-Busch InBev SA/NV has a 1-year low of $59.64 and a 1-year high of $86.60. The firm has a market cap of $164.33 billion, a PE ratio of 17.24 and a beta of 0.57.
Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The consumer goods maker reported $1.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.09 by $0.12. The company had revenue of $16.66 billion for the quarter, compared to the consensus estimate of $16.23 billion. The firm’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same period last year, the business posted $0.98 earnings per share.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in BUD. Wellington Management Group LLP raised its position in shares of Anheuser-Busch InBev SA/NV by 10,464.1% in the 2nd quarter. Wellington Management Group LLP now owns 3,190,248 shares of the consumer goods maker’s stock worth $262,876,000 after acquiring an additional 3,160,049 shares in the last quarter. Renaissance Technologies LLC lifted its stake in shares of Anheuser-Busch InBev SA/NV by 64.7% in the 1st quarter. Renaissance Technologies LLC now owns 810,874 shares of the consumer goods maker’s stock valued at $56,250,000 after purchasing an additional 318,600 shares during the period. First Trust Advisors LP boosted its position in shares of Anheuser-Busch InBev SA/NV by 5.1% during the first quarter. First Trust Advisors LP now owns 601,440 shares of the consumer goods maker’s stock valued at $41,722,000 after purchasing an additional 29,124 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 7,474.5% during the second quarter. NewEdge Advisors LLC now owns 522,643 shares of the consumer goods maker’s stock valued at $43,066,000 after purchasing an additional 515,743 shares in the last quarter. Finally, Cook & Bynum Capital Management LLC purchased a new stake in Anheuser-Busch InBev SA/NV in the second quarter worth $33,282,514. Hedge funds and other institutional investors own 5.53% of the company’s stock.
About Anheuser-Busch InBev SA/NV
Anheuser-Busch InBev SA/NV is a global beverage company headquartered in Leuven, Belgium, and one of the world’s largest brewers. The company produces, markets and distributes beer and other alcoholic and nonalcoholic beverages through a portfolio of international, regional and local brands.
Its brand portfolio includes Budweiser, Bud Light, Corona, Stella Artois, Michelob ULTRA, Beck’s, Hoegaarden and Leffe. AB InBev also offers a range of zero-alcohol and other beverage products, while its operations include brewing, packaging, sales and distribution.
The company was formed through the combination of Belgium’s Interbrew and Brazil’s AmBev in 2004.
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