Unilever Stock Earnings Estimates Cut by Erste Group Bank

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

Unilever (NYSE:UL) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.59 earnings per share for the quarter, missing analysts’ consensus estimates of $1.84 by ($1.25). The business had revenue of $14.62 billion during the quarter, compared to the consensus estimate of $14.80 billion.

A number of other equities analysts have also recently commented on UL. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Unilever in a report on Wednesday, September 30th. Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a research report on Monday. TD Cowen decreased their price target on shares of Unilever from $76.00 to $74.00 and set a “buy” rating for the company in a research note on Tuesday. DZ Bank reissued a “buy” rating on shares of Unilever in a research report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of Unilever in a research report on Thursday, September 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $68.37.

Unilever Price Performance

UL stock opened at $62.53 on Wednesday. The business has a 50 day simple moving average of $62.75 and a 200-day simple moving average of $60.36. Unilever has a twelve month low of $54.75 and a twelve month high of $74.97.

Institutional Trading of Unilever

Several institutional investors and hedge funds have recently added to or reduced their stakes in UL. Corient Private Wealth LP lifted its position in shares of Unilever by 21.2% in the second quarter. Corient Private Wealth LP now owns 533,030 shares of the company’s stock valued at $32,046,000 after acquiring an additional 93,161 shares in the last quarter. First Eagle Investment Management LLC boosted its stake in shares of Unilever by 4.5% during the second quarter. First Eagle Investment Management LLC now owns 842,507 shares of the company’s stock valued at $50,652,000 after acquiring an additional 36,567 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new stake in shares of Unilever during the second quarter valued at $10,344,000. Saturna Capital Corp boosted its stake in shares of Unilever by 38.0% during the first quarter. Saturna Capital Corp now owns 794,310 shares of the company’s stock valued at $45,252,000 after acquiring an additional 218,767 shares during the last quarter. Finally, Diversify Wealth Management LLC increased its position in Unilever by 77.6% during the 1st quarter. Diversify Wealth Management LLC now owns 39,116 shares of the company’s stock worth $2,226,000 after purchasing an additional 17,093 shares in the last quarter. 9.67% of the stock is owned by hedge funds and other institutional investors.

Unilever Company Profile

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.