Itaú Unibanco Discloses GQG Partners’ Trimmed but Still Significant 4.97% Stake
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An update from Itau Unibanco ( (ITUB) ) is now available.
On May 19, 2026, Itaú Unibanco disclosed that asset manager GQG Partners LLC had reduced, but still holds, a significant minority stake, now owning about 4.97% of the bank’s preferred shares and ADRs. The bank reported that GQG’s move resulted from secondary-market disposals made in the regular course of trading, signaling an adjustment rather than a strategic exit.
In a May 15, 2026 letter to Itaú Unibanco, GQG emphasized that it has no intention of seeking control or influencing the bank’s management structure and does not hold proxy voting rights on behalf of its clients. The update clarifies the investor’s purely financial stance, easing concerns over potential changes in governance while keeping the market informed about shifts in the ownership profile of one of Brazil’s largest banks.
The most recent analyst rating on (ITUB) stock is a Buy with a $9.00 price target. To see the full list of analyst forecasts on Itau Unibanco stock, see the ITUB Stock Forecast page.
Spark’s Take on ITUB Stock
According to Spark, TipRanks’ AI Analyst, ITUB is a Neutral.
The score is driven mainly by solid underlying financial performance and a constructive earnings outlook, supported by attractive valuation (low P/E and high dividend yield). These positives are partially offset by weak near-term technical momentum and financial risks tied to higher leverage and cash-flow volatility.
To see Spark’s full report on ITUB stock, click here.
More about Itau Unibanco
Itaú Unibanco Holding S.A. is a leading Brazilian financial institution operating primarily in banking and financial services, with shares and American Depositary Receipts traded in local and international markets. The group focuses on retail and wholesale banking, credit, investment services and related financial products across Brazil and abroad.
Average Trading Volume: 26,005,234
Technical Sentiment Signal: Buy
Current Market Cap: $87.87B
Find detailed analytics on ITUB stock on TipRanks’ Stock Analysis page.
