Royal Bank of Canada cut its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD – Free Report) by 18.0% during the first quarter, HoldingsChannel reports. The fund owned 1,048,221 shares of the consumer goods maker’s stock after selling 230,711 shares during the quarter. Royal Bank of Canada’s holdings in Anheuser-Busch InBev SA/NV were worth $72,715,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in BUD. AQR Capital Management LLC boosted its position in Anheuser-Busch InBev SA/NV by 52.9% during the first quarter. AQR Capital Management LLC now owns 9,036 shares of the consumer goods maker’s stock valued at $556,000 after purchasing an additional 3,127 shares in the last quarter. NewEdge Advisors LLC grew its stake in Anheuser-Busch InBev SA/NV by 7.8% in the first quarter. NewEdge Advisors LLC now owns 8,869 shares of the consumer goods maker’s stock valued at $546,000 after purchasing an additional 642 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in Anheuser-Busch InBev SA/NV by 25.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,318,248 shares of the consumer goods maker’s stock worth $81,151,000 after purchasing an additional 265,783 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in Anheuser-Busch InBev SA/NV by 40.1% in the second quarter. Russell Investments Group Ltd. now owns 9,562 shares of the consumer goods maker’s stock worth $657,000 after purchasing an additional 2,736 shares in the last quarter. Finally, New York State Common Retirement Fund purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the second quarter valued at about $120,000. 5.53% of the stock is currently owned by hedge funds and other institutional investors.
Trending Headlines about Anheuser-Busch InBev SA/NV
Here are the key news stories impacting Anheuser-Busch InBev SA/NV this week:
- Positive Sentiment: Q2 results exceeded expectations: AB InBev reported $1.21 in EPS versus the $1.09 consensus and $16.66 billion in revenue versus $16.26 billion expected. Revenue increased 11% year over year, while management reaffirmed its full-year 2026 outlook. Reuters Q2 results article
- Positive Sentiment: World Cup is supporting demand: The brewer credited stronger consumer demand in the Americas and FIFA World Cup-related activity for improved beer volumes and market-share gains. Management expects further benefits as the tournament continues. Benzinga World Cup article
- Positive Sentiment: Profitability and cash generation improved: The company cited solid top- and bottom-line performance, 1.1% beer-volume growth and a 23.4% increase in underlying EPS, reinforcing confidence in its megabrands, premium portfolio and digital platforms. AB InBev Q2 results release
- Positive Sentiment: Analyst support strengthened: Wells Fargo raised its price target from $93 to $97 and maintained an “overweight” rating, implying additional upside from the reported trading level. Erste Group also lifted its 2026 EPS forecast to $4.46 from $4.44, above the $4.31 consensus. Benzinga Wells Fargo rating article
- Neutral Sentiment: AB InBev filed an amended first-half 2026 interim report with the U.S. SEC. The filing is primarily a disclosure update, with no material financial impact described in the available report. Amended interim report article
- Negative Sentiment: One Zacks analysis characterized some Q2 revenue and earnings metrics as below estimates, although the broader earnings reports show headline EPS and revenue beats. This creates a limited source of uncertainty around the quarter’s underlying details. Zacks Q2 analysis
Anheuser-Busch InBev SA/NV Price Performance
Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Free Report) last released its earnings results on Thursday, July 30th. The consumer goods maker reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.12. The company had revenue of $16.66 billion during the quarter, compared to analysts’ expectations of $16.23 billion. Anheuser-Busch InBev SA/NV had a net margin of 14.90% and a return on equity of 25.07%. Anheuser-Busch InBev SA/NV’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same period last year, the business earned $0.98 EPS. As a group, equities analysts forecast that Anheuser-Busch InBev SA/NV will post 4.31 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on BUD. DZ Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, May 21st. UBS Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, June 30th. Jefferies Financial Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, June 30th. Deutsche Bank Aktiengesellschaft reaffirmed a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, July 1st. Finally, Royal Bank Of Canada reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. Eleven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $91.08.
View Our Latest Analysis on BUD
About Anheuser-Busch InBev SA/NV
Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.
AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.
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