Nestlé Stock News

Nestle said on Tuesday it had completed the sale of its remaining 40% stake in packaged meat business Herta Foods to Spanish company Casa Tarradellas.

Nestle views its stake in L'Oreal as a financial investment, and while it is regularly reviewed, there is nothing new to report on the matter, Nestle CEO Philipp Navratil was quoted as saying on Tuesday.

Nestlé (OTCPK:NSRGY) remains a solid Buy, supported by sustainable dividends and a favorable valuation gap versus historical multiples. Recent margin pressure stems from elevated coffee and cocoa input costs, but easing commodity prices and aggressive cost savings support a mid-term margin rebound. Free cash flow conversion has moderated, lowering the DCF spot estimate to CHF 90-100 versus a sh...

Goldman Sachs International Equity ESG Fund initiated a position in ING Group (2.6%), a Dutch global financial institution. We initiated a position in Air Liquide (2.0%), which produces, markets, and sells industrial and healthcare gases. We exited our position in Nestle, a large Swiss food and beverage company.

The city of San Francisco filed a lawsuit against some of the nation's top food manufacturers on Tuesday, arguing that ultraprocessed food from the likes of Coca-Cola and Nestle are responsible for a public health crisis.City Attorney David Chiu named 10 companies in the lawsuit, including the makers of such popular foods as Oreo cookies, Sour Patch Kids, Kit Kat, Cheerios and Lunchables. The l...

Nestlé presents a turnaround opportunity with a new CEO, an updated cost transformation plan, and improved 2025 guidance. NSRGY targets CHF 3 billion in cost savings by 2027, including significant workforce reductions and reinvestment to accelerate growth. Macro factors like US rate cuts and tariffs could serve as catalysts, but execution and external risks remain for the company.

Swiss food giant Nestlé is working with investment bank Morgan Stanley to review options, including a potential sale, of its Blue Bottle Coffee chain, according to three sources familiar with the matter.

A French court rejected on Tuesday a case against Nestle's Perrier mineral water brought by a consumers group who demanded the sparking water be withdrawn from markets.