Erste Group Bank Weighs in on OTCMKTS:SBGSY FY2026 Earnings

Schneider Electric SE (OTCMKTS:SBGSY) – Erste Group Bank raised their FY2026 earnings estimates for shares of Schneider Electric in a research report issued to clients and investors on Wednesday, October 21st. Erste Group Bank analyst H. Engel now expects that the industrial products company will post earnings of $2.31 per share for the year, up from their previous forecast of $2.30. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for Schneider Electric’s current full-year earnings is $2.35 per share. Erste Group Bank also issued estimates for Schneider Electric’s FY2027 earnings at $2.81 EPS.

SBGSY has been the topic of a number of other research reports. Barclays restated an “overweight” rating on shares of Schneider Electric in a research report on Monday, October 5th. Santander cut shares of Schneider Electric from an “outperform” rating to a “neutral” rating in a report on Tuesday, September 8th. Finally, Zacks Research lowered Schneider Electric from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Schneider Electric Trading Up 3.6%

Shares of Schneider Electric stock opened at $54.13 on Monday. The stock has a 50 day moving average of $63.54 and a 200 day moving average of $61.87. Schneider Electric has a fifty-two week low of $50.61 and a fifty-two week high of $71.98.

Hedge Funds Weigh In On Schneider Electric

Institutional investors and hedge funds have recently modified their holdings of the company. Azimuth Capital Investment Management LLC purchased a new position in Schneider Electric in the second quarter valued at $11,623,000. Elefante Mark B increased its holdings in shares of 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 purchasing an additional 8,800 shares during the period. Notis McConarty Edward raised its stake in shares of Schneider Electric by 0.5% during the second quarter. Notis McConarty Edward now owns 85,119 shares of the industrial products company’s stock worth $5,548,000 after purchasing an additional 425 shares during the last quarter. Finally, Madison Asset Management LLC raised its stake in shares of Schneider Electric by 2.7% during the second quarter. Madison Asset Management LLC now owns 246,582 shares of the industrial products company’s stock worth $16,072,000 after purchasing an additional 6,591 shares during the last quarter. Institutional investors and hedge funds own 0.83% of the company’s stock.

Schneider Electric Company Profile

Schneider Electric SE is a France-based multinational company specializing in energy management and industrial automation. Its offerings help businesses, infrastructure operators, data centers, buildings and residential customers distribute, control, monitor and optimize electricity while improving operational efficiency and sustainability.

The company provides electrical distribution equipment, circuit breakers, switchgear, power management systems, industrial automation and control technologies, building-management solutions, and data-center infrastructure.