Wellington Management Group LLP Cuts Stake in Itau Unibanco Holding S.A. $ITUB

Posted by Brenda Bartman on Sep 6th, 2026

Wellington Management Group LLP lowered its holdings in shares of Itau Unibanco Holding S.A. (NYSE:ITUB – Free Report) by 79.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 3,235,553 shares of the bank’s stock after selling 12,192,219 shares during the quarter. Wellington Management Group LLP’s holdings in Itau Unibanco were worth $26,434,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Kestra Advisory Services LLC bought a new stake in Itau Unibanco in the fourth quarter worth $31,000. EverSource Wealth Advisors LLC grew its stake in shares of Itau Unibanco by 332.4% during the second quarter. EverSource Wealth Advisors LLC now owns 6,966 shares of the bank’s stock valued at $47,000 after buying an additional 5,355 shares during the last quarter. V Square Quantitative Management LLC bought a new position in shares of Itau Unibanco during the first quarter valued at about $59,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of Itau Unibanco by 486.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 8,966 shares of the bank’s stock worth $66,000 after buying an additional 7,436 shares during the period. Finally, Syon Capital LLC purchased a new position in shares of Itau Unibanco in the fourth quarter worth about $72,000.

Itau Unibanco Stock Performance

Shares of NYSE:ITUB opened at $8.15 on Friday. The company has a market cap of $90.27 billion, a price-to-earnings ratio of 10.66, a price-to-earnings-growth ratio of 0.88 and a beta of 0.56. The company has a 50-day moving average price of $8.02 and a 200-day moving average price of $8.24. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 2.44. Itau Unibanco Holding S.A. has a 12 month low of $6.54 and a 12 month high of $9.60.

Itau Unibanco (NYSE:ITUB – Get Free Report) last posted its earnings results on Tuesday, August 4th. The bank reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.01). The business had revenue of $9.27 billion during the quarter, compared to the consensus estimate of $9.29 billion. Itau Unibanco had a return on equity of 21.40% and a net margin of 26.41%. As a group, equities analysts anticipate that Itau Unibanco Holding S.A. will post 0.88 EPS for the current year.

Wall Street Analyst Weigh In

ITUB has been the subject of several analyst reports. JPMorgan Chase & Co. increased their target price on Itau Unibanco from $9.00 to $10.00 and gave the company an “overweight” rating in a report on Tuesday, July 7th. Weiss Ratings cut Itau Unibanco from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, August 6th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Itau Unibanco currently has an average rating of “Moderate Buy” and a consensus target price of $10.00.

Check Out Our Latest Research Report on ITUB

Insider Buying and Selling

In other Itau Unibanco news, insider Vanzo Orestes sold 60,000 shares of the stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $8.24, for a total value of $494,400.00. Following the completion of the sale, the insider owned 1,008,014 shares in the company, valued at approximately $8,306,035.36. This trade represents a 5.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.61% of the stock is owned by insiders.

Itau Unibanco Profile

(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.