Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC – Free Report) – Equities research analysts at Zacks Research decreased their FY2026 earnings per share (EPS) estimates for Telefonaktiebolaget LM Ericsson (publ) in a research report issued to clients and investors on Thursday, April 3rd. Zacks Research analyst R. Department now forecasts that the communications equipment provider will post earnings per share of $0.52 for the year, down from their previous forecast of $0.53. The consensus estimate for Telefonaktiebolaget LM Ericsson (publ)’s current full-year earnings is $0.48 per share. Zacks Research also issued estimates for Telefonaktiebolaget LM Ericsson (publ)’s Q1 2027 earnings at $0.13 EPS.
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC – Get Free Report) last issued its quarterly earnings data on Friday, January 24th. The communications equipment provider reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.04). Telefonaktiebolaget LM Ericsson (publ) had a net margin of 0.06% and a return on equity of 13.70%.
Read Our Latest Research Report on Telefonaktiebolaget LM Ericsson (publ)
Telefonaktiebolaget LM Ericsson (publ) Stock Down 1.0 %
ERIC stock opened at $6.90 on Monday. The company has a market capitalization of $23.00 billion, a P/E ratio of -690,000.00, a PEG ratio of 3.89 and a beta of 0.92. The firm has a 50 day simple moving average of $7.94 and a 200-day simple moving average of $8.06. The company has a current ratio of 1.17, a quick ratio of 0.96 and a debt-to-equity ratio of 0.34. Telefonaktiebolaget LM Ericsson has a twelve month low of $4.77 and a twelve month high of $8.90.
Telefonaktiebolaget LM Ericsson (publ) Increases Dividend
The company also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 27th were issued a dividend of $0.1315 per share. The ex-dividend date of this dividend was Thursday, March 27th. This is an increase from Telefonaktiebolaget LM Ericsson (publ)’s previous dividend of $0.13. Telefonaktiebolaget LM Ericsson (publ)’s dividend payout ratio (DPR) is currently -1,700,000.00%.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in ERIC. Charles Schwab Investment Management Inc. boosted its holdings in Telefonaktiebolaget LM Ericsson (publ) by 33.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 219,182 shares of the communications equipment provider’s stock worth $1,661,000 after purchasing an additional 54,437 shares during the period. FMR LLC lifted its position in shares of Telefonaktiebolaget LM Ericsson (publ) by 23.8% in the 3rd quarter. FMR LLC now owns 2,412,480 shares of the communications equipment provider’s stock worth $18,287,000 after buying an additional 463,415 shares during the last quarter. Captrust Financial Advisors boosted its holdings in shares of Telefonaktiebolaget LM Ericsson (publ) by 33.8% in the 3rd quarter. Captrust Financial Advisors now owns 24,867 shares of the communications equipment provider’s stock valued at $188,000 after buying an additional 6,278 shares during the period. HighTower Advisors LLC grew its position in shares of Telefonaktiebolaget LM Ericsson (publ) by 19.6% during the 3rd quarter. HighTower Advisors LLC now owns 103,434 shares of the communications equipment provider’s stock valued at $782,000 after buying an additional 16,919 shares during the last quarter. Finally, Quantinno Capital Management LP raised its stake in Telefonaktiebolaget LM Ericsson (publ) by 35.9% during the third quarter. Quantinno Capital Management LP now owns 579,054 shares of the communications equipment provider’s stock worth $4,389,000 after acquiring an additional 153,084 shares during the period. Institutional investors and hedge funds own 7.99% of the company’s stock.
About Telefonaktiebolaget LM Ericsson (publ)
Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions for telcom operators and enterprise customers in various sectors in North America, Europe, Latin America, the Middle East, Africa, North East Asia, South East Asia, Oceania, and India. It operates in four segments: Networks; Cloud Software and Services; Enterprise; and Other.
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