Unilever Stock Earnings Estimates Lifted by Erste Group Bank

Unilever PLC (NYSE:UL – Free Report) – Stock analysts at Erste Group Bank boosted their FY2026 EPS estimates for shares of Unilever in a note issued to investors on Wednesday, October 21st. Erste Group Bank analyst S. Lingnau now anticipates that the company will post earnings per share of $3.63 for the year, up from their prior estimate of $3.62. The consensus estimate for Unilever’s current full-year earnings is $3.57 per share.

Unilever (NYSE:UL – Get Free Report) last released its quarterly earnings data 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 for the quarter, compared to analyst estimates of $14.80 billion.

Several other research firms also recently issued reports on UL. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Unilever in a research note on Thursday, September 24th. Morningstar lowered Unilever to a “hold” rating in a report on Thursday, July 30th. DZ Bank reaffirmed a “buy” rating on shares of Unilever in a research report on Wednesday, July 29th. Weiss Ratings upgraded Unilever from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, September 16th. Finally, Barclays reissued a “buy” rating on shares of Unilever in a research report on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $68.37.

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Unilever Stock Performance

NYSE UL opened at $65.08 on Wednesday. Unilever has a fifty-two week low of $54.75 and a fifty-two week high of $74.97. The stock’s 50-day moving average is $63.25 and its two-hundred day moving average is $62.61.

Institutional Trading of Unilever

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE increased its holdings in shares of Unilever by 16.4% during the first quarter. Bank of America Corp DE now owns 6,661,426 shares of the company’s stock worth $379,501,000 after buying an additional 937,346 shares in the last quarter. Royal Bank of Canada grew its stake in shares of Unilever by 13.6% during the first quarter. Royal Bank of Canada now owns 3,403,807 shares of the company’s stock valued at $193,915,000 after purchasing an additional 406,610 shares during the last quarter. Hamlin Capital Management LLC increased its holdings in shares of Unilever by 11.6% in the second quarter. Hamlin Capital Management LLC now owns 2,722,721 shares of the company’s stock valued at $163,690,000 after purchasing an additional 282,076 shares in the last quarter. Lazard Asset Management LLC increased its holdings in shares of Unilever by 674.2% in the first quarter. Lazard Asset Management LLC now owns 2,794,600 shares of the company’s stock valued at $159,208,000 after purchasing an additional 2,433,625 shares in the last quarter. Finally, Equity Investment Corp raised its position in Unilever by 2.4% in the 2nd quarter. Equity Investment Corp now owns 1,996,952 shares of the company’s stock worth $120,057,000 after purchasing an additional 46,801 shares during the last quarter. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Unilever Company Profile

(Get Free Report)

Unilever PLC is a global consumer goods company headquartered in London, England. It develops, markets and sells branded products used in households and personal care, with operations serving consumers across developed and emerging markets worldwide.

The company’s portfolio includes beauty and wellbeing products, personal care items, home care products, and foods and refreshments. Its brands include Dove, Vaseline, Axe, TRESemmé, Cif, OMO, Persil, Knorr, Hellmann’s and Ben & Jerry’s, although product offerings vary by market.

Unilever was formed in 1929 through the merger of British soap maker Lever Brothers and Dutch margarine producer Margarine Unie.

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Earnings History and Estimates for Unilever (NYSE:UL)

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