Rep. Bruce Westerman Purchases Nestlé S.A. (OTCMKTS:NSRGY) Stock

Representative Bruce Westerman (R-Arkansas) recently bought shares of Nestlé S.A. OTCMKTS: NSRGY. In a filing disclosed on April 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in Nestlé stock on March 3rd. The trade occurred in the Representative's "FISHER IRA" account.

Representative Bruce Westerman also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne OTCMKTS: LVMUY on 4/2/2025.
• Purchased $1,001 - $15,000 in shares of Sony Group NYSE: SONY on 3/24/2025.
• Purchased $1,001 - $15,000 in shares of Mitsubishi UFJ Financial Group NYSE: MUFG on 3/21/2025.
• Purchased $1,001 - $15,000 in shares of BP NYSE: BP on 3/21/2025.
• Sold $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Medtronic NYSE: MDT on 3/20/2025.
• Purchased $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 3/20/2025.

Nestlé Stock Up 0.8 %

Nestlé stock traded up $0.89 during midday trading on Wednesday, reaching $108.84. The stock had a trading volume of 382,639 shares, compared to its average volume of 863,397. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.52 and a current ratio of 0.85. Nestlé S.A. has a 52-week low of $80.11 and a 52-week high of $110.46. The company has a fifty day moving average of $100.57 and a 200 day moving average of $92.07.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on NSRGY shares. BNP Paribas lowered Nestlé from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 15th. Jefferies Financial Group lowered shares of Nestlé from a "hold" rating to an "underperform" rating in a research note on Wednesday, January 8th. Morgan Stanley downgraded shares of Nestlé from an "equal weight" rating to an "underweight" rating and set a $91.00 price target on the stock. in a research note on Friday, April 4th. Finally, Royal Bank of Canada cut shares of Nestlé from an "outperform" rating to a "sector perform" rating in a research report on Friday, March 21st. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has issued a strong buy rating to the stock. According to MarketBeat, Nestlé has an average rating of "Hold" and a consensus target price of $91.00.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Douglas Lane & Associates LLC grew its position in Nestlé by 11.4% during the 1st quarter. Douglas Lane & Associates LLC now owns 983,326 shares of the company's stock worth $99,294,000 after purchasing an additional 100,767 shares during the period. GAMMA Investing LLC raised its position in Nestlé by 23,819.2% during the first quarter. GAMMA Investing LLC now owns 417,630 shares of the company's stock valued at $42,252,000 after acquiring an additional 415,884 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in Nestlé by 10.8% in the fourth quarter. Hantz Financial Services Inc. now owns 107,788 shares of the company's stock valued at $8,806,000 after acquiring an additional 10,523 shares during the period. Altrius Capital Management Inc boosted its position in Nestlé by 3.5% in the 1st quarter. Altrius Capital Management Inc now owns 81,440 shares of the company's stock worth $8,239,000 after purchasing an additional 2,753 shares in the last quarter. Finally, Saybrook Capital NC grew its stake in shares of Nestlé by 19.5% during the 4th quarter. Saybrook Capital NC now owns 75,741 shares of the company's stock worth $6,188,000 after purchasing an additional 12,340 shares during the period. Hedge funds and other institutional investors own 0.61% of the company's stock.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas' 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 4th Congressional District. He declared candidacy for the 2026 election. Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

Nestlé Company Profile

Nestlé SA, together with its subsidiaries, operates as a food and beverage company. The company operates through Zone North America; Zone Europe; Zone Asia, Oceania, and Africa; Zone Latin America; Zone Greater China; Nespresso; and Nestlé Health Science segments. It offers baby foods under the Cerelac, Gerber, Nido, and NaturNes brands; bottled water under the Nestlé Pure Life, Perrier, Vittel, Buxton, Erikli, and S.Pellegrino brands; cereals under the Fitness, Nesquik, cheerios, and Lion Cereals brands; and chocolate and confectionery products under the KitKat, Smarties, Aero, Nestlé Les Recettes de l'Atelier, Milkybar, Baci Perugina, Quality Street, and Fitness brands.