Ermenegildo Zegna (NYSE:ZGN) Shares Gap Down – What’s Next?

Posted by Brian Himes on Jun 17th, 2026

Ermenegildo Zegna N.V. (NYSE:ZGN – Get Free Report)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $14.49, but opened at $13.96. Ermenegildo Zegna shares last traded at $13.9850, with a volume of 109,806 shares traded.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on ZGN shares. UBS Group reissued a “buy” rating and issued a $14.50 price target on shares of Ermenegildo Zegna in a research note on Friday, May 1st. TD Cowen raised Ermenegildo Zegna from a “hold” rating to a “buy” rating and raised their price target for the stock from $13.00 to $15.00 in a research note on Wednesday, May 20th. The Goldman Sachs Group lowered Ermenegildo Zegna from an “outperform” rating to a “neutral” rating and set a $14.00 price target on the stock. in a research note on Wednesday. Weiss Ratings reissued a “hold (c)” rating on shares of Ermenegildo Zegna in a research note on Monday, April 20th. Finally, Wall Street Zen raised Ermenegildo Zegna from a “hold” rating to a “buy” rating in a research note on Saturday. Five research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Ermenegildo Zegna presently has a consensus rating of “Moderate Buy” and an average target price of $12.68.

Check Out Our Latest Research Report on Ermenegildo Zegna

Ermenegildo Zegna Trading Down 3.0%

The firm has a 50-day moving average of $12.96 and a 200 day moving average of $11.30. The company has a current ratio of 1.59, a quick ratio of 0.91 and a debt-to-equity ratio of 0.15.

Ermenegildo Zegna (NYSE:ZGN – Get Free Report) last released its quarterly earnings results on Friday, March 20th. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.11). The company had revenue of $577.83 million during the quarter, compared to analysts’ expectations of $1.17 billion. Sell-side analysts expect that Ermenegildo Zegna N.V. will post 0.46 EPS for the current year.

Ermenegildo Zegna Cuts Dividend

The business also recently declared an annual dividend, which will be paid on Wednesday, July 29th. Investors of record on Monday, July 6th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Monday, July 6th. This represents a yield of 99.0%.

Insider Buying and Selling

In other Ermenegildo Zegna news, CFO Gian Franco Santhia sold 5,768 shares of Ermenegildo Zegna stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $13.12, for a total transaction of $75,676.16. Following the sale, the chief financial officer directly owned 44,448 shares in the company, valued at $583,157.76. The trade was a 11.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Alessandro Sartori sold 6,505 shares of Ermenegildo Zegna stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $13.12, for a total value of $85,345.60. Following the sale, the director owned 142,237 shares in the company, valued at $1,866,149.44. This represents a 4.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 31,378 shares of company stock valued at $411,679. Corporate insiders own 1.20% of the company’s stock.

Institutional Investors Weigh In On Ermenegildo Zegna

A number of institutional investors have recently made changes to their positions in ZGN. EverSource Wealth Advisors LLC increased its holdings in shares of 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 acquiring an additional 908 shares during the last quarter. California State Teachers Retirement System bought a new stake in shares of Ermenegildo Zegna in the 2nd quarter valued at approximately $33,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of Ermenegildo Zegna by 11,382.4% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,904 shares of the company’s stock valued at $40,000 after acquiring an additional 3,870 shares during the last quarter. Lazard Asset Management LLC bought a new stake in shares of Ermenegildo Zegna in the 2nd quarter valued at approximately $54,000. Finally, Legal & General Group Plc bought a new stake in shares of Ermenegildo Zegna in the 2nd quarter valued at approximately $59,000. 12.91% of the stock is currently owned by institutional investors.

About Ermenegildo Zegna

(Get Free Report)

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.