FY2026 EPS Estimates for Nestle Cut by Erste Group Bank

Nestle SA (OTCMKTS:NSRGY) – Analysts at Erste Group Bank cut their FY2026 EPS estimates for shares of Nestle in a research report issued on Monday, July 27th. Erste Group Bank analyst S. Lingnau now forecasts that the company will post earnings per share of $5.46 for the year, down from their previous forecast of $5.50. Erste Group Bank has a “Buy” rating on the stock. The consensus estimate for Nestle’s current full-year earnings is $5.58 per share. Erste Group Bank also issued estimates for Nestle’s FY2027 earnings at $5.88 EPS.

NSRGY has been the topic of a number of other reports. Morgan Stanley restated an “underweight” rating on shares of Nestle in a research note on Thursday, July 2nd. Jefferies Financial Group raised shares of Nestle from a “hold” rating to a “buy” rating in a research note on Tuesday, July 21st. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Nestle in a report on Friday, April 24th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold”.

Nestle Stock Performance

Shares of NSRGY opened at $102.43 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.47 and a debt-to-equity ratio of 1.40. Nestle has a 1-year low of $86.98 and a 1-year high of $109.59. The company has a 50-day moving average of $101.16 and a 200 day moving average of $100.19.

Hedge Funds Weigh In On Nestle

Several institutional investors and hedge funds have recently added to or reduced their stakes in NSRGY. Lummis Asset Management LP lifted its position in Nestle by 6.9% during the fourth quarter. Lummis Asset Management LP now owns 1,781 shares of the company’s stock valued at $177,000 after acquiring an additional 115 shares during the last quarter. Accent Capital Management LLC grew its holdings in Nestle by 5.1% in the fourth quarter. Accent Capital Management LLC now owns 2,465 shares of the company’s stock worth $243,000 after purchasing an additional 120 shares during the last quarter. Sterling Capital Management LLC increased its position in shares of Nestle by 73.6% during the first quarter. Sterling Capital Management LLC now owns 349 shares of the company’s stock worth $34,000 after purchasing an additional 148 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Nestle by 6.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,491 shares of the company’s stock valued at $247,000 after purchasing an additional 156 shares during the last quarter. Finally, IHT Wealth Management LLC lifted its holdings in shares of Nestle by 9.0% during the 4th quarter. IHT Wealth Management LLC now owns 2,836 shares of the company’s stock valued at $280,000 after purchasing an additional 235 shares during the last quarter. Hedge funds and other institutional investors own 0.61% of the company’s stock.

About Nestle

Nestlé SA is a Swiss multinational food and beverage company headquartered in Vevey, Switzerland. Founded in 1866 by Henri Nestlé, the company has grown into a global consumer goods firm and its American depositary receipts trade in the United States under the OTCMKTS ticker NSRGY. Nestlé operates across a broad range of food and beverage categories and is widely recognized for its portfolio of consumer-facing brands and products.

The company’s main business activities include the manufacture, marketing and distribution of products in categories such as coffee and other beverages, bottled water, dairy and infant nutrition, prepared meals and culinary products, confectionery, and pet care.