Compañía Cervecerías Unidas (ADR) (CCU)
Brewer and multi-category beverage operator across Latin America.
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Sells beer alongside soft drinks, water, wine, pisco, cider and other beverages across Latin America. A multi-category portfolio built through licenses, acquisitions and partnerships supports several routes to market.
Brews beer and produces soft drinks, water, wine, pisco, cider, energy drinks and other beverages. Operations span core markets in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay.
A brewery heritage developed into a multi-category regional portfolio through licenses, acquisitions and partnerships. Its portfolio spans alcoholic and non-alcoholic beverages, combining beer with water and wine. Those categories also include mineral and bottled water, juices, nectars, sparkling wine, isotonic drinks and spirits.
Control sits with Inversiones y Rentas, jointly owned by Quiñenco and Heineken Chile. Country-specific operating conditions across its markets shape the business.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 21, 2026 | HSBC | Downgrade | Target: — | Target: $10 |
| Aug 13, 2026 | Goldman Sachs | Reiterate | Rating: —Target: $9.70 | Target: $9.05 |
| May 20, 2026 | Goldman Sachs | Target | Target: — | Target: $9.70 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $366.7M · Total debt $1.36B · Total assets $3.66B · Shareholders' equity $1.51B
- Revenue
- $642.3M
- Operating income
- −$21.5M
- Net income
- −$21.9M
Reported in CLP, converted at the latest exchange rate
HistoryDividendAnnual yield
| Institutions | 14.45% | 26.69M ADS | |
|---|---|---|---|
| 84 holders · as of Jun 30, 2026 | |||
| Other | 85.55% | 158.06M ADS | |
| remainder | |||
184.75M ADS (1 ADS = 2 ordinary shares) as of Aug 26, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
The share count is from the company's Dec 2022 filing; nothing newer is on file here.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
First Eagle Investment Management, LLCInstitution | 8.72% | 16.12M ADS | as of Jun 30, 2026 |
Wellington Management Group LLPInstitution | 1.68% | 3.10M ADS | as of Jun 30, 2026 |
Discerene Group LPInstitution | 0.88% | 1.63M ADS | as of Jun 30, 2026 |
Fundamenta Capital S.A.Institution | 0.65% | 1.19M ADS | as of Jun 30, 2026 |
Empowered Funds, LLCInstitution | 0.33% | 602,635 ADS | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
- Anheuser-Busch InBev (ADR)
Dominant beer rival across CCU's Latin American markets
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Compañía Cervecerías Unidas (ADR) | $11.23 | +1.04% | $2.05B | 19.0 | 12.2 | 0.7 | +5.2% |
| Anheuser-Busch InBev (ADR) | $78.15 | +0.26% | $153.52B | 16.5 | — | 2.5 | +6.4% |
| Median | 16.5 | — | 2.5 | +6.4% |