Bank of America Corp DE Grows Stock Position in NIQ Global Intelligence plc $NIQ

Key Points

• Institutional investors increased their NIQ positions substantially: Bank of America lifted its holdings by 67% to 715,912 shares, while UBS, Governors Lane, Quantinno Capital and others also expanded their stakes.
• Analyst sentiment is broadly positive. NIQ has an average “Moderate Buy” rating and a consensus price target of $16.61, with several firms recently raising their targets.
• NIQ beat quarterly expectations with adjusted earnings of $0.27 per share versus the $0.20 consensus and revenue of $1.12 billion. Shares opened at $19.17, near their 52-week high of $19.26, although the company continues to report a negative net margin.

Bank of America Corp DE grew its holdings in NIQ Global Intelligence plc (NYSE:NIQ - Free Report) by 67.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 715,912 shares of the company's stock after acquiring an additional 287,129 shares during the quarter. Bank of America Corp DE owned 0.24% of NIQ Global Intelligence worth $8,140,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. LB Partners LLC raised its holdings in shares of NIQ Global Intelligence by 63.3% in the first quarter. LB Partners LLC now owns 399,700 shares of the company's stock worth $4,545,000 after buying an additional 155,000 shares during the last quarter. Lazard Asset Management LLC grew its holdings in shares of NIQ Global Intelligence by 52.2% during the first quarter. Lazard Asset Management LLC now owns 531,216 shares of the company's stock valued at $6,040,000 after buying an additional 182,300 shares during the last quarter. Quantinno Capital Management LP increased its position in shares of NIQ Global Intelligence by 271.3% in the 1st quarter. Quantinno Capital Management LP now owns 585,757 shares of the company's stock valued at $6,660,000 after acquiring an additional 428,019 shares during the period. UBS Group AG increased its position in shares of NIQ Global Intelligence by 77.1% in the 4th quarter. UBS Group AG now owns 3,725,386 shares of the company's stock valued at $61,432,000 after acquiring an additional 1,622,238 shares during the period. Finally, Governors Lane LP raised its stake in NIQ Global Intelligence by 76.9% in the 4th quarter. Governors Lane LP now owns 1,000,000 shares of the company's stock worth $16,490,000 after acquiring an additional 434,667 shares during the last quarter.

Analyst Ratings Changes

A number of brokerages have commented on NIQ. Zacks Research raised NIQ Global Intelligence from a "hold" rating to a "strong-buy" rating in a research report on Thursday, August 20th. Wells Fargo & Company increased their price objective on NIQ Global Intelligence from $13.00 to $16.50 and gave the company an "overweight" rating in a report on Tuesday, August 11th. UBS Group raised their price objective on NIQ Global Intelligence from $16.00 to $17.00 and gave the stock a "buy" rating in a research note on Tuesday, August 11th. Needham & Company LLC raised their price objective on NIQ Global Intelligence from $18.00 to $21.00 and gave the stock a "buy" rating in a research note on Thursday, August 20th. Finally, Robert W. Baird decreased their target price on NIQ Global Intelligence from $20.00 to $14.00 and set an "outperform" rating for the company in a report on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $16.61.

NIQ Global Intelligence Price Performance

Shares of NIQ opened at $19.17 on Tuesday. The business's 50-day moving average is $11.77 and its two-hundred day moving average is $11.02. The company has a market capitalization of $5.65 billion and a P/E ratio of -15.71. The company has a debt-to-equity ratio of 3.01, a quick ratio of 1.09 and a current ratio of 1.09. NIQ Global Intelligence plc has a fifty-two week low of $7.93 and a fifty-two week high of $19.26.

NIQ Global Intelligence (NYSE:NIQ - Get Free Report) last issued its quarterly earnings data on Monday, August 10th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate 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. Research analysts predict that NIQ Global Intelligence plc will post 0.99 earnings per share for the current year.

About NIQ Global Intelligence

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.

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