Engineers Gate Manager LP Invests $1.20 Million in NIQ Global Intelligence plc $NIQ

Key Points

• Engineers Gate Manager LP purchased 128,254 shares of NIQ Global Intelligence in the second quarter, valued at approximately $1.20 million. Several other institutional investors also increased their positions.
• Analysts are generally optimistic, with NIQ receiving a “Moderate Buy” consensus rating and an average price target of $18.50; recent targets range as high as $25.
• NIQ reported quarterly EPS of $0.27, exceeding estimates of $0.20, while revenue reached $1.12 billion. Shares recently traded at $18.16, up 1.2%.

Engineers Gate Manager LP purchased a new position in shares of NIQ Global Intelligence plc (NYSE:NIQ - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 128,254 shares of the company's stock, valued at approximately $1,199,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Alamut Investment Management LLP lifted its holdings in shares of NIQ Global Intelligence by 68.3% in the 4th quarter. Alamut Investment Management LLP now owns 1,918,538 shares of the company's stock valued at $31,637,000 after buying an additional 778,674 shares during the period. Norges Bank acquired a new position in NIQ Global Intelligence during the fourth quarter worth $26,384,000. Governors Lane LP grew its holdings in NIQ Global Intelligence by 76.9% during the fourth 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 period. Bank of America Corp DE raised its position in NIQ Global Intelligence by 67.0% in the first quarter. Bank of America Corp DE now owns 715,912 shares of the company's stock worth $8,140,000 after acquiring an additional 287,129 shares in the last quarter. Finally, Quantinno Capital Management LP raised its position in NIQ Global Intelligence by 271.3% in the first quarter. Quantinno Capital Management LP now owns 585,757 shares of the company's stock worth $6,660,000 after acquiring an additional 428,019 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft boosted their target price on shares of NIQ Global Intelligence from $14.00 to $15.00 and gave the stock a "hold" rating in a research report on Tuesday, August 11th. Stifel Nicolaus increased their price target on shares of NIQ Global Intelligence from $16.00 to $17.00 and gave the company a "buy" rating in a report on Tuesday, August 11th. UBS Group raised their price objective on shares of NIQ Global Intelligence from $17.00 to $25.00 and gave the company a "buy" rating in a research note on Tuesday, September 1st. Royal Bank Of Canada boosted their price objective on shares of NIQ Global Intelligence from $13.00 to $17.00 and gave the stock an "outperform" rating in a report on Tuesday, August 11th. Finally, Robert W. Baird upped their target price on shares of NIQ Global Intelligence from $17.00 to $23.00 and gave the stock an "outperform" rating in a research report on Friday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, NIQ Global Intelligence presently has an average rating of "Moderate Buy" and an average target price of $18.50.

NIQ Global Intelligence Trading Up 1.2%

Shares of NIQ Global Intelligence stock opened at $18.16 on Friday. NIQ Global Intelligence plc has a 1 year low of $7.93 and a 1 year high of $19.69. The company has a debt-to-equity ratio of 3.01, a current ratio of 1.09 and a quick ratio of 1.09. The business has a 50 day moving average price of $15.27 and a 200 day moving average price of $11.98. The company has a market capitalization of $5.36 billion, a P/E ratio of -14.89 and a beta of -0.24.

NIQ Global Intelligence (NYSE:NIQ - Get Free Report) last announced its earnings results on Monday, August 10th. The company reported $0.27 EPS for the quarter, beating analysts' consensus estimates of $0.20 by $0.07. NIQ Global Intelligence had a positive return on equity of 14.84% and a negative net margin of 8.01%.The firm had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.11 billion. 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. Sell-side analysts anticipate that NIQ Global Intelligence plc will post 0.99 EPS for the current fiscal year.

NIQ Global Intelligence Profile

NIQ Global Intelligence plc, formerly known as NielsenIQ, is a global consumer intelligence and market measurement company. It provides data, analytics and technology that help consumer goods manufacturers, retailers and other businesses understand purchasing behavior, evaluate market performance and make decisions about products, pricing, distribution and marketing.

The company's services include retail sales measurement, consumer panel data, market research, business intelligence, analytics and software solutions.

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