ICL Group (NYSE:ICL) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

ICL Group (NYSE:ICL) announced its quarterly earnings data on Wednesday. The basic materials company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.10 by $0.01, FiscalAI reports. The firm had revenue of $2.02 billion during the quarter, compared to analyst estimates of $1.92 billion. ICL Group had a net margin of 3.52% and a return on equity of 7.84%.

Here are the key takeaways from ICL Group’s conference call:

• ICL reported a strong first quarter with sales of $2.0 billion, up 14% year over year, while adjusted net income rose 26%, adjusted EBITDA increased 15%, and adjusted EPS improved 22%.
• The company raised full-year 2026 EBITDA guidance by $100 million to a range of $1.5 billion to $1.7 billion, citing stronger-than-expected potash and bromine pricing.
• Potash was a standout segment, with sales up nearly 25% and EBITDA up more than 45% as prices rose and production improved in the Dead Sea and Spain.
• Phosphate Solutions faced major cost pressure from sulfur, which more than doubled in the quarter, and management said demand could soften later in the year if pricing has to rise further.
• ICL highlighted operational progress and growth investments, including the Bartek Ingredients acquisition, a new specialty fertilizer plant in India, and continued productivity improvements across its network.

ICL Group Trading Down 2.2%

ICL traded down $0.15 on Friday, hitting $6.43. The company had a trading volume of 458,590 shares, compared to its average volume of 1,610,219. The company’s fifty day moving average price is $5.40 and its 200 day moving average price is $5.46. ICL Group has a 1 year low of $4.76 and a 1 year high of $7.35. The firm has a market cap of $8.29 billion, a P/E ratio of 32.13 and a beta of 0.86. The company has a current ratio of 1.33, a quick ratio of 0.71 and a debt-to-equity ratio of 0.30.

ICL Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Tuesday, June 2nd will be given a $0.0535 dividend. The ex-dividend date is Tuesday, June 2nd. This is a positive change from ICL Group’s previous quarterly dividend of $0.05. This represents a $0.21 annualized dividend and a yield of 3.3%. ICL Group’s dividend payout ratio (DPR) is currently 82.35%.

Institutional Trading of ICL Group

A number of institutional investors have recently bought and sold shares of ICL. Goldman Sachs Group Inc. raised its holdings in shares of ICL Group by 120.2% in the first quarter. Goldman Sachs Group Inc. now owns 4,153,799 shares of the basic materials company’s stock worth $23,635,000 after acquiring an additional 2,267,245 shares during the last quarter. Bank of Montreal Can purchased a new position in ICL Group during the fourth quarter worth approximately $5,286,000. O Shaughnessy Asset Management LLC purchased a new stake in ICL Group during the fourth quarter valued at about $3,737,000. Bank of America Corp DE lifted its stake in shares of ICL Group by 29.6% in the 2nd quarter. Bank of America Corp DE now owns 2,138,899 shares of the basic materials company’s stock valued at $14,716,000 after purchasing an additional 488,750 shares in the last quarter. Finally, Citadel Advisors LLC increased its position in ICL Group by 6,275.3% during the 3rd quarter. Citadel Advisors LLC now owns 354,398 shares of the basic materials company’s stock worth $2,204,000 after purchasing an additional 360,137 shares in the last quarter. 13.38% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on ICL shares. Wall Street Zen cut shares of ICL Group from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Weiss Ratings raised ICL Group from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 4th. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $6.10.

About ICL Group

ICL Group is a global specialty minerals and chemicals company headquartered in Tel Aviv, Israel. Established in its current form through the consolidation of Israeli government–owned chemical operations, ICL has evolved into a publicly traded entity on the New York Stock Exchange (NYSE: ICL). The company’s origins date back to state-driven mineral extraction in the Negev and the Dead Sea region, and over the decades it has grown through strategic acquisitions, technological innovation and a gradual privatization process completed in the early 2010s.

ICL’s core operations are organized into three principal business areas.