Ermenegildo Zegna N.V. (NYSE:ZGN) Receives Consensus Recommendation of “Hold” from Analysts

Ermenegildo Zegna N.V. (NYSE:ZGN) has been assigned an average rating of “Hold” from the ten analysts that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $13.03.

ZGN has been the subject of a number of recent analyst reports. TD Cowen cut their price objective on Ermenegildo Zegna from $17.00 to $15.00 and set a “buy” rating for the company in a research report on Friday. BNP Paribas Exane lowered Ermenegildo Zegna from a “neutral” rating to an “underperform” rating and set a $12.20 target price on the stock. in a research report on Tuesday, August 11th. The Goldman Sachs Group cut shares of Ermenegildo Zegna from a “buy” rating to a “neutral” rating and lifted their price target for the company from $13.30 to $14.00 in a research note on Wednesday, June 17th. Wall Street Zen cut shares of Ermenegildo Zegna from a “buy” rating to a “hold” rating in a research note on Saturday, August 15th. Finally, UBS Group lifted their price objective on Ermenegildo Zegna from $15.40 to $15.50 and gave the stock a “buy” rating in a report on Friday.

Key Ermenegildo Zegna News

Here are the key news stories impacting Ermenegildo Zegna this week:

• Positive Sentiment: Ermenegildo Zegna reported first-half 2026 revenue of €987 million and adjusted EBIT of €74.5 million, up from €68.7 million a year earlier. Management attributed the improvement to growth in the Zegna brand, stronger brand equity and operational efficiency. Ermenegildo Zegna Group Reports First Half 2026 Results
• Positive Sentiment: TD Cowen maintained a Buy rating on ZGN. Although it lowered its price target to $15 from $17, the revised target still implies approximately 20% upside from the reference price, signaling continued confidence in the company’s longer-term prospects.
• Neutral Sentiment: The company’s Q2 earnings call and first-half presentations highlighted continued investment in growth and the benefits of the group’s luxury-brand portfolio, but investors are likely focused on whether improved adjusted EBIT can translate into stronger bottom-line results. ZGN Q2 2026 Earnings Call Transcript
• Negative Sentiment: First-half net profit fell to €28.4 million from €47.9 million in the prior-year period, despite the adjusted EBIT improvement. The decline raises concerns about costs, financing, taxes or other below-the-line pressures. Zegna Group Sees EBIT Rise but Net Profit Decline
• Negative Sentiment: Reported quarterly EPS of $0.06 missed the $0.18 consensus estimate. The earnings shortfall likely reinforced investor caution, even though the company delivered stronger adjusted operating profit in the first half. ZGN Earnings Results

Ermenegildo Zegna Stock Performance

NYSE ZGN opened at $12.50 on Monday. The stock has a 50-day moving average of $13.85 and a 200 day moving average of $12.73. The company has a quick ratio of 0.80, a current ratio of 1.47 and a debt-to-equity ratio of 0.12. Ermenegildo Zegna has a twelve month low of $8.64 and a twelve month high of $15.95.

Institutional Trading of Ermenegildo Zegna

A number of institutional investors have recently made changes to their positions in ZGN. EverSource Wealth Advisors LLC raised its stake in Ermenegildo Zegna by 48.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,788 shares of the company’s stock valued at $29,000 after purchasing an additional 908 shares during the last quarter. California State Teachers Retirement System acquired a new stake in Ermenegildo Zegna during the 2nd quarter worth $33,000. Caitong International Asset Management Co. Ltd boosted its stake in Ermenegildo Zegna by 11,382.4% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,904 shares of the company’s stock worth $40,000 after purchasing an additional 3,870 shares during the last quarter. Lazard Asset Management LLC purchased a new stake in shares of Ermenegildo Zegna during the second quarter worth $54,000. Finally, Parallel Advisors LLC purchased a new stake in shares of Ermenegildo Zegna during the fourth quarter worth $69,000. 12.91% of the stock is owned by institutional investors and hedge funds.

About Ermenegildo Zegna

Ermenegildo Zegna is a global luxury fashion house specializing in men’s tailored clothing, casualwear, accessories, footwear and fragrances. With a focus on high-quality fabrics and craftsmanship, the company manages the entire value chain from wool sourcing and textile production to garment design, manufacturing and retail distribution.

Founded in 1910 by Ermenegildo Zegna in Trivero, Italy, the company began as a textile mill dedicated to producing fine wool fabrics. Over the decades it expanded into ready-to-wear clothing and built a reputation for sartorial excellence.