Erste Group Bank Forecasts OTCMKTS:SBGSY FY2026 Earnings

Schneider Electric SE (OTCMKTS:SBGSY) – Stock analysts at Erste Group Bank dropped their FY2026 earnings estimates for Schneider Electric in a research note issued on Thursday, October 8th. Erste Group Bank analyst H. Engel now expects that the industrial products company will post earnings per share of $2.30 for the year, down from their prior forecast of $2.38. Erste Group Bank currently has a “Strong-Buy” rating on the stock. The consensus estimate for Schneider Electric’s current full-year earnings is $2.36 per share. Erste Group Bank also issued estimates for Schneider Electric’s FY2027 earnings at $2.78 EPS.

A number of other analysts have also recently commented on the stock. Barclays restated an “overweight” rating on shares of Schneider Electric in a research report on Monday, October 5th. Morgan Stanley reiterated an “overweight” rating on shares of Schneider Electric in a report on Monday, June 29th. Zacks Research cut Schneider Electric from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 3rd. Finally, Santander cut Schneider Electric from an “outperform” rating to a “neutral” rating in a research note on Tuesday, September 8th. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Schneider Electric has a consensus rating of “Buy”.

Schneider Electric Price Performance

Shares of SBGSY stock opened at $59.49 on Wednesday. Schneider Electric has a 12-month low of $50.61 and a 12-month high of $71.98. The firm has a fifty day moving average of $66.59 and a 200-day moving average of $63.69.

Institutional Trading of Schneider Electric

Several hedge funds have recently bought and sold shares of the stock. Azimuth Capital Investment Management LLC bought a new position in Schneider Electric in the second quarter valued at approximately $11,623,000. Elefante Mark B lifted its stake in Schneider Electric by 10.0% in the second quarter. Elefante Mark B now owns 96,539 shares of the industrial products company’s stock valued at $6,292,000 after buying an additional 8,800 shares in the last quarter. Madison Asset Management LLC boosted its holdings in shares of Schneider Electric by 2.7% in the second quarter. Madison Asset Management LLC now owns 246,582 shares of the industrial products company’s stock valued at $16,072,000 after buying an additional 6,591 shares during the period. Finally, Notis McConarty Edward boosted its holdings in shares of Schneider Electric by 0.5% in the second quarter. Notis McConarty Edward now owns 85,119 shares of the industrial products company’s stock valued at $5,548,000 after buying an additional 425 shares during the period. 0.83% of the stock is currently owned by institutional investors and hedge funds.

About Schneider Electric

Schneider Electric SE is a France-based global provider of energy management and industrial automation technologies. The company helps businesses, infrastructure operators, data centers, buildings and residential customers manage electrical power more efficiently, reliably and sustainably.

Its products and services include low- and medium-voltage electrical distribution equipment, circuit breakers, switches, power monitoring systems, uninterruptible power supplies, industrial control and automation systems, building management technologies, and related software and digital services.