Erste Group Bank Analysts Cut Earnings Estimates for Nestle

Key Points

• Erste Group Bank lowered Nestlé’s FY2026 earnings forecast to $5.41 per share from $5.48, below the $5.49 consensus estimate, while projecting FY2027 earnings of $5.76 per share.
• Analyst sentiment is mixed: Erste Group and Jefferies rate the stock “Buy,” Morgan Stanley rates it “Underweight,” and the broader consensus rating is “Hold.”
• Nestlé shares opened at $91.38, near their one-year low of $89.50 and below both their 50-day and 200-day moving averages; institutional investors own 0.61% of the stock.

Nestle SA (OTCMKTS:NSRGY - Free Report) - Investment analysts at Erste Group Bank decreased their FY2026 earnings estimates for shares of Nestle in a research note issued to investors on Thursday, October 8th. Erste Group Bank analyst S. Lingnau now anticipates that the company will earn $5.41 per share for the year, down from their prior forecast of $5.48. Erste Group Bank currently has a "Buy" rating on the stock. The consensus estimate for Nestle's current full-year earnings is $5.49 per share. Erste Group Bank also issued estimates for Nestle's FY2027 earnings at $5.76 EPS.

Several other equities research analysts have also commented on the company. Jefferies Financial Group upgraded Nestle from a "hold" rating to a "buy" rating in a research report on Tuesday, July 21st. Morgan Stanley restated an "underweight" rating on shares of Nestle in a report on Thursday, July 2nd. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold".

Nestle Price Performance

NSRGY stock opened at $91.38 on Tuesday. The stock has a 50-day moving average price of $95.74 and a 200-day moving average price of $98.72. Nestle has a 1-year low of $89.50 and a 1-year high of $109.59.

Hedge Funds Weigh In On Nestle

A number of institutional investors have recently bought and sold shares of NSRGY. Douglas Lane & Associates LLC increased its stake in shares of Nestle by 0.7% during the third quarter. Douglas Lane & Associates LLC now owns 1,011,074 shares of the company's stock valued at $91,785,000 after purchasing an additional 6,798 shares in the last quarter. Ramsay Stattman Vela & Price Inc. increased its stake in Nestle by 0.5% in the second quarter. Ramsay Stattman Vela & Price Inc. now owns 60,336 shares of the company's stock valued at $6,196,000 after purchasing an additional 290 shares during the last quarter. Archer Investment Corp purchased a new position in Nestle during the second quarter worth about $522,000. North Star Asset Management Inc. acquired a new stake in Nestle in the 2nd quarter worth about $775,000. Finally, Councilmark Asset Management LLC acquired a new stake in Nestle in the 2nd quarter worth about $464,000. Institutional investors and hedge funds own 0.61% of the company's stock.

Nestle Company Profile

Nestlé SA is a Switzerland-based food and beverage company that develops, manufactures and markets products across categories including coffee, bottled water, dairy, confectionery, prepared foods, nutrition and pet care. Its portfolio includes internationally recognized brands such as Nescafé, Nespresso, KitKat, Purina, Nestlé Health Science and Maggi.

The company traces its origins to the 19th century, when Henri Nestlé developed an infant cereal, and to the Anglo-Swiss Condensed Milk Company.

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