SM Investments denies Landers talks: 8 analysts rate SM Investments stock Buy

Published on 10/19/2026 at 01:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SM Investments denied Landers talks over a 49 percent stake on October 1, 2026. SM Investments stock had 8 Buy ratings and a PHP 840.70 target.

Corporate updates shape the picture

SM Investments denied Landers negotiations over a reported 49 percent stake on October 1, 2026.
First-half net income rose 8 percent to PHP 45.9 billion, while revenue reached PHP 339.2 billion.
SM Investments is scheduled to report third-quarter 2026 results on November 11, 2026.

SM Investments, PHY806761029, Illustration mit AI erstellt.

SM Investments denied negotiations over a reported 49 percent Landers stake on October 1, 2026, while 8 analysts rated SM Investments stock Buy and the average target stood at PHP 840.70, according to Bilyonaryo and Investing.com. The clarification gives investors a concrete counterpoint to speculation about a major retail transaction.

Three milestones set the timeline

On May 13, 2026, SM Investments reported first-quarter results with consolidated net income of PHP 21.5 billion, according to MarketScreener. On August 14, 2026, the company reported second-quarter and first-half results, with the same source listing the release and Philippine Tribune reporting first-half net income of PHP 45.9 billion and revenue of PHP 339.2 billion. On October 1, 2026, SM Investments said it was not in talks with Landers or its shareholders over the reported 49 percent interest, as Bilyonaryo reported.

What does the Landers clarification mean?

The company statement places the reported 49 percent interest outside an active negotiation, while the operating figures show continued growth in the first half. Net income rose 8 percent year over year to PHP 45.9 billion, and revenue reached PHP 339.2 billion, according to PR Newswire and Philippine Tribune.

Next reporting date is November 11

SM Investments is scheduled to release third-quarter 2026 results on November 11, 2026, according to MarketScreener. That report will provide the next quantified test of the retail, banking and property group's earnings trajectory.

Business mix keeps the focus broad

SM Investments operates across retail, banking, property and portfolio investments. Its retail operations, property interests and stakes in BDO Unibank and China Banking Corporation give the group several earnings channels, according to PR Newswire. The Landers clarification therefore sits alongside, rather than replacing, the upcoming results catalyst.

SM Investments stock stays tied to results

The reported PHP 840.70 average target and the November 11 reporting date give the stock two measurable reference points, while the first-half PHP 45.9 billion net income figure anchors the latest operating picture.