Hemenway Trust Co LLC Cuts Stock Holdings in Nestle SA $NSRGY

Key Points

• Hemenway Trust Co LLC trimmed its Nestle stake by 71.6% in Q4, selling 12,570 shares and leaving 4,976 shares worth about $492,000.
• Other funds showed mixed activity—Verity and Kingswood boosted positions while Kohmann Bosshard and OLD National initiated small stakes—and hedge funds/institutions own just 0.61% of the stock.
• Analysts' consensus is an average Hold (1 Buy, 2 Hold, 1 Sell), and NSRGY trades near $99 with a 52‑week range of $86.98–$109.59.

Hemenway Trust Co LLC trimmed its position in shares of Nestle SA (OTCMKTS:NSRGY - Free Report) by 71.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,976 shares of the company's stock after selling 12,570 shares during the quarter. Hemenway Trust Co LLC's holdings in Nestle were worth $492,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the company. Verity Asset Management Inc. boosted its holdings in Nestle by 28.0% during the 4th quarter. Verity Asset Management Inc. now owns 8,605 shares of the company's stock worth $850,000 after acquiring an additional 1,880 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in Nestle during the 4th quarter worth $47,000. Saybrook Capital NC boosted its holdings in Nestle by 1.1% during the 4th quarter. Saybrook Capital NC now owns 76,997 shares of the company's stock worth $7,606,000 after acquiring an additional 850 shares during the last quarter. OLD National Bancorp IN purchased a new position in Nestle during the 4th quarter worth $227,000. Finally, Kingswood Wealth Advisors LLC boosted its holdings in Nestle by 106.1% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 5,669 shares of the company's stock worth $560,000 after acquiring an additional 2,919 shares during the last quarter. 0.61% of the stock is owned by hedge funds and other institutional investors.

Nestle Stock Up 0.1%

Shares of OTCMKTS:NSRGY opened at $99.43 on Wednesday. The company's 50-day moving average is $100.73 and its 200 day moving average is $99.33. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.79 and a quick ratio of 0.47. Nestle SA has a fifty-two week low of $86.98 and a fifty-two week high of $109.59.

Wall Street Analysts Forecast Growth

NSRGY has been the topic of a number of analyst reports. Jefferies Financial Group reaffirmed a "hold" rating on shares of Nestle in a report on Monday, February 23rd. Royal Bank Of Canada reissued a "sector perform" rating on shares of Nestle in a report on Friday, April 24th. Finally, Morgan Stanley reissued an "underweight" rating on shares of Nestle in a report on Thursday, April 30th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Nestle presently has an average rating of "Hold".

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.

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