Itau Unibanco Holding S.A. $ITUB Stock: Matthews International Capital Management LLC Lowers Holdings

Posted by Brian Himes on Nov 11th, 2026

Matthews International Capital Management LLC lessened its holdings in shares of Itau Unibanco Holding S.A. (NYSE:ITUB – Free Report) by 81.7% in the third quarter, Holdings Channel.com reports. The firm owned 247,673 shares of the bank’s stock after selling 1,109,240 shares during the period. Itau Unibanco comprises 0.9% of Matthews International Capital Management LLC’s portfolio, making the stock its 26th largest holding. Matthews International Capital Management LLC’s holdings in Itau Unibanco were worth $2,113,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. EverSource Wealth Advisors LLC increased its position in shares of Itau Unibanco by 16.1% in the 1st quarter. EverSource Wealth Advisors LLC now owns 9,441 shares of the bank’s stock worth $79,000 after purchasing an additional 1,306 shares during the last quarter. Axxcess Wealth Management LLC acquired a new stake in shares of Itau Unibanco in the 3rd quarter valued at about $93,000. Farther Finance Advisors LLC lifted its position in shares of Itau Unibanco by 39.7% during the third quarter. Farther Finance Advisors LLC now owns 12,892 shares of the bank’s stock worth $110,000 after purchasing an additional 3,661 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Itau Unibanco by 8.6% during the third quarter. GAMMA Investing LLC now owns 13,069 shares of the bank’s stock worth $111,000 after purchasing an additional 1,031 shares during the last quarter. Finally, Parallel Advisors LLC lifted its position in shares of Itau Unibanco by 43.8% during the first quarter. Parallel Advisors LLC now owns 16,604 shares of the bank’s stock worth $139,000 after purchasing an additional 5,057 shares during the last quarter.

Analyst Upgrades and Downgrades

ITUB has been the topic of several research reports. Wall Street Zen upgraded Itau Unibanco to a “hold” rating in a research note on Saturday, October 17th. HSBC downgraded Itau Unibanco from a “buy” rating to a “hold” rating and set a $9.10 target price on the stock. in a report on Thursday, October 8th. The Goldman Sachs Group reiterated a “buy” rating and issued a $10.50 target price (up from $9.30) on shares of Itau Unibanco in a research report on Friday, October 9th. Finally, Weiss Ratings downgraded Itau Unibanco from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, October 30th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $9.87.

Get Our Latest Stock Report on Itau Unibanco

Insiders Place Their Bets

In other news, insider Vanzo Orestes sold 74,643 shares of the company’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $8.38, for a total value of $625,508.34. Following the completion of the sale, the insider owned 933,371 shares in the company, valued at $7,821,648.98. This represents a 7.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 0.61% of the stock is owned by company insiders.

Itau Unibanco Price Performance

Shares of ITUB opened at $7.40 on Wednesday. Itau Unibanco Holding S.A. has a 12 month low of $6.82 and a 12 month high of $10.20. The company has a debt-to-equity ratio of 2.42, a current ratio of 1.51 and a quick ratio of 1.08. The stock has a fifty day moving average price of $8.48 and a 200 day moving average price of $8.35. The company has a market cap of $81.94 billion, a P/E ratio of 9.36, a PEG ratio of 0.94 and a beta of 0.58.

Itau Unibanco (NYSE:ITUB – Get Free Report) last announced its quarterly earnings results on Tuesday, November 3rd. The bank reported $0.21 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.01). Itau Unibanco had a net margin of 26.19% and a return on equity of 21.45%. The firm had revenue of $9.49 billion during the quarter, compared to analyst estimates of $9.57 billion. On average, research analysts forecast that Itau Unibanco Holding S.A. will post 0.88 earnings per share for the current year.

About Itau Unibanco

(Free Report)

Itaú Unibanco is a Brazilian financial services company headquartered in São Paulo. It was formed in 2008 through the merger of Banco Itaú and Unibanco and serves individuals, businesses and institutional clients. The company provides retail and commercial banking services, including deposit accounts, loans, credit cards and payment solutions. Its other activities include investment banking, asset and wealth management, insurance and related financial services. Itaú Unibanco operates primarily in Brazil and also has a presence in other markets in Latin America and internationally.