Unilever Stock Gets Lower EPS Estimate from Erste Group Bank

Unilever PLC (NYSE:UL – Free Report) – Research analysts at Erste Group Bank decreased their FY2026 earnings estimates for Unilever in a research report issued on Thursday, October 8th. Erste Group Bank analyst S. Lingnau now forecasts that the company will post earnings of $3.62 per share for the year, down from their prior forecast of $3.77. The consensus estimate for Unilever’s current full-year earnings is $3.61 per share.

A number of other brokerages have also weighed in on UL. Zacks Research raised Unilever from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 28th. UBS Group reaffirmed a “sell” rating on shares of Unilever in a report on Monday, August 3rd. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Unilever in a report on Tuesday, July 28th. Sanford C. Bernstein reiterated a “buy” rating on shares of Unilever in a research report on Wednesday, September 30th. Finally, Barclays reiterated a “buy” rating on shares of Unilever in a report on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $68.37.

Read Our Latest Analysis on Unilever

Unilever Trading Down 0.7%

Unilever stock opened at $62.53 on Wednesday. The business’s 50-day simple moving average is $62.75 and its two-hundred day simple moving average is $60.36. Unilever has a fifty-two week low of $54.75 and a fifty-two week high of $74.97.

Unilever (NYSE:UL – Get Free Report) last released its earnings results on Tuesday, July 28th. The company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.84 by ($1.25). The company had revenue of $14.62 billion during the quarter, compared to analysts’ expectations of $14.80 billion.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Lazard Asset Management LLC grew its position in shares of Unilever by 674.2% in the 1st quarter. Lazard Asset Management LLC now owns 2,794,600 shares of the company’s stock valued at $159,208,000 after buying an additional 2,433,625 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in Unilever during the 1st quarter worth $67,107,000. Bank of America Corp DE lifted its position in Unilever by 16.4% in the first quarter. Bank of America Corp DE now owns 6,661,426 shares of the company’s stock valued at $379,501,000 after acquiring an additional 937,346 shares during the last quarter. Royal Bank of Canada lifted its position in Unilever by 13.6% in the first quarter. Royal Bank of Canada now owns 3,403,807 shares of the company’s stock valued at $193,915,000 after acquiring an additional 406,610 shares during the last quarter. Finally, Munich Reinsurance Co Stock Corp in Munich lifted its position in Unilever by 26.0% in the first quarter. Munich Reinsurance Co Stock Corp in Munich now owns 1,554,524 shares of the company’s stock valued at $88,561,000 after acquiring an additional 320,304 shares during the last quarter. 9.67% of the stock is owned by hedge funds and other institutional investors.

Unilever Company Profile

(Get Free Report)

Unilever PLC is a global consumer goods company headquartered in London, England. It develops, manufactures and markets branded products across beauty and wellbeing, personal care, home care and nutrition. Its portfolio includes widely recognized brands such as Dove, Vaseline, Axe, Rexona, Cif, Domestos, Knorr, Hellmann’s and Magnum, although product availability varies by market.

The company’s products are sold through supermarkets, convenience stores, pharmacies, e-commerce platforms and other retail channels in countries around the world.

See Also

Earnings History and Estimates for Unilever (NYSE:UL)

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