Ramirez Asset Management Inc. Boosts Position in Itau Unibanco Holding S.A. $ITUB

Posted by Stanley Muller on Jun 6th, 2026

Ramirez Asset Management Inc. increased its stake in Itau Unibanco Holding S.A. (NYSE:ITUB – Free Report) by 3.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,223,601 shares of the bank’s stock after purchasing an additional 77,679 shares during the period. Itau Unibanco makes up approximately 2.1% of Ramirez Asset Management Inc.’s portfolio, making the stock its 4th biggest holding. Ramirez Asset Management Inc.’s holdings in Itau Unibanco were worth $15,921,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of ITUB. Royal Bank of Canada increased its position in shares of Itau Unibanco by 11.7% in the first quarter. Royal Bank of Canada now owns 445,578 shares of the bank’s stock worth $2,450,000 after purchasing an additional 46,608 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Itau Unibanco by 28.5% in the first quarter. Goldman Sachs Group Inc. now owns 4,996,699 shares of the bank’s stock worth $27,482,000 after purchasing an additional 1,107,607 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Itau Unibanco by 332.4% in the second quarter. EverSource Wealth Advisors LLC now owns 6,966 shares of the bank’s stock worth $47,000 after purchasing an additional 5,355 shares during the last quarter. Guggenheim Capital LLC increased its position in shares of Itau Unibanco by 11.7% in the second quarter. Guggenheim Capital LLC now owns 118,405 shares of the bank’s stock worth $804,000 after purchasing an additional 12,442 shares during the last quarter. Finally, First Trust Advisors LP increased its position in shares of Itau Unibanco by 425.3% in the second quarter. First Trust Advisors LP now owns 356,467 shares of the bank’s stock worth $2,420,000 after purchasing an additional 288,602 shares during the last quarter.

Insider Buying and Selling

In other Itau Unibanco news, insider Rodrigues Andre Luis Teixeira sold 182,800 shares of the stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $8.82, for a total transaction of $1,612,296.00. Following the transaction, the insider directly owned 1,637,511 shares in the company, valued at $14,442,847.02. This trade represents a 10.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Fajerman Sergio Guillinet sold 50,000 shares of the stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $9.38, for a total transaction of $469,000.00. Following the transaction, the insider owned 1,265,119 shares in the company, valued at $11,866,816.22. The trade was a 3.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 292,277 shares of company stock worth $2,646,512 over the last quarter. Company insiders own 0.61% of the company’s stock.

Itau Unibanco Stock Down 1.2%

Shares of NYSE ITUB opened at $7.55 on Friday. Itau Unibanco Holding S.A. has a one year low of $5.93 and a one year high of $9.60. The company has a debt-to-equity ratio of 2.53, a current ratio of 1.79 and a quick ratio of 1.79. The firm’s 50 day simple moving average is $8.37 and its two-hundred day simple moving average is $8.11. The stock has a market capitalization of $83.57 billion, a P/E ratio of 10.35, a PEG ratio of 0.82 and a beta of 0.59.

Itau Unibanco (NYSE:ITUB – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The bank reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.02). Itau Unibanco had a net margin of 27.27% and a return on equity of 21.27%. The business had revenue of $9.01 billion for the quarter, compared to the consensus estimate of $9.41 billion. As a group, analysts expect that Itau Unibanco Holding S.A. will post 0.89 EPS for the current fiscal year.

Itau Unibanco Dividend Announcement

The firm also recently declared a special dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, June 22nd will be given a dividend of $0.068 per share. The ex-dividend date is Monday, June 22nd. Itau Unibanco’s dividend payout ratio (DPR) is presently 65.75%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on ITUB shares. Zacks Research cut shares of Itau Unibanco from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 13th. JPMorgan Chase & Co. upped their price objective on shares of Itau Unibanco from $8.00 to $9.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 18th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $9.00.

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About Itau Unibanco

(Free Report)

Itaú Unibanco SA (NYSE: ITUB) is a Brazilian banking and financial services conglomerate headquartered in São Paulo. The company was formed by the merger of Banco Itaú and Unibanco in 2008 and is one of the largest private-sector banks in Brazil and among the leading banks in Latin America. Itaú Unibanco is publicly listed in Brazil and maintains an international listing on the New York Stock Exchange.

The bank offers a full range of financial products and services across retail, commercial and wholesale banking.