Pareto raises target for Industrivarden stock to SEK 506

Published on 10/09/2026 at 12:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NAV reached SEK 517 per share on September 30, up 17 percent. Industrivarden stock costs EUR 44.87 on October 9, 2026 after EUR 44.44.

Key points in brief

Pareto raised its target for Industrivarden stock from SEK 500 to SEK 506 on October 8, 2026.
Net asset value reached SEK 517 per share on September 30, 2026, up 17 percent in the first nine months.
The C share was trading at EUR 44.87 at Lang & Schwarz on October 9, 2026 at 12:30 p.m. CEST, plus 0.97 percent versus EUR 44.44.
Industrivarden's Class C total return was 30 percent in the first nine months, versus 11 percent for SIXRX.

Industrivarden Ab-C Shs, SE0000107203, Illustration mit AI erstellt.

Industrivarden Ab-C Shs (ISIN SE0000107203) was trading at EUR 44.87 at Lang & Schwarz on October 9, 2026 at 12:30 p.m. CEST, plus 0.97 percent versus the prior close of EUR 44.44. On October 8, Pareto Securities raised its target from SEK 500 to SEK 506 and repeated its Hold rating, Affarsvarlden reported.

What does the NAV increase mean?

Industrivarden's interim report for January 1 to September 30, 2026 put net asset value at SEK 223.3 billion, or SEK 517 per share. MFN said net asset value increased 17 percent in the first nine months, equal to SEK 74 per share.

The C shares returned 30 percent during that period, compared with 11 percent for the Stockholm Stock Exchange total return index SIXRX, according to MFN. The comparison shows that portfolio value growth was accompanied by a share-price return that exceeded the broader Swedish market by 19 percentage points.

Three NAV milestones in one year

On September 30, 2025, net asset value per share stood at SEK 401, according to MFN. On December 31, 2025, the figure was SEK 444, based on the same report. On September 30, 2026, it had reached SEK 517, while the company had purchased SEK 3.3 billion of shares during the first nine months, including SEK 1.2 billion in Essity and SEK 0.9 billion in Handelsbanken, MFN reported.

What comes next for the portfolio?

The next two scheduled company dates are the 2026 annual report on February 5, 2027 and the annual general meeting on April 15, 2027, according to MFN. The primary listing is Nasdaq Stockholm, where the share was last quoted at SEK 501.20 at 12:32 p.m. CEST on October 9, 2026. Its 52-week range was SEK 376.30 to SEK 566.80, while market capitalization stood at SEK 216.5 billion on the same date.

Stock stays below its yearly high

Industrivarden's current euro quote remains below its Lang & Schwarz prior close comparison while the latest report provides a higher SEK net asset value of 517 per share. The combination gives investors two reference points: daily trading at EUR 44.87 and portfolio value reported in SEK.

The further course of trading is shown by the continuously updated real-time quote of Industrivarden stock.