104,951 Shares in Embraer-Empresa Brasileira de Aeronautica $ERJ Purchased by RPg Family Wealth Advisory LLC

Key Points

• RPg Family Wealth Advisory LLC has acquired 104,951 shares of Embraer-Empresa Brasileira de Aeronautica, valuing the investment at approximately $4.85 million.
• Goldman Sachs increased its price target for Embraer shares from $60.00 to $67.00 and rated the stock as a "buy," highlighting positive broker sentiment.
• The company's latest earnings showed a loss of ($0.02) EPS, significantly missing analyst expectations and contrasting with a profit of $0.44 EPS during the same period last year.

RPg Family Wealth Advisory LLC acquired a new stake in Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 104,951 shares of the aerospace company's stock, valued at approximately $4,849,000. Embraer-Empresa Brasileira de Aeronautica accounts for 1.4% of RPg Family Wealth Advisory LLC's portfolio, making the stock its 27th biggest holding. RPg Family Wealth Advisory LLC owned 0.06% of Embraer-Empresa Brasileira de Aeronautica as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Robeco Institutional Asset Management B.V. boosted its position in shares of Embraer-Empresa Brasileira de Aeronautica by 1,057.8% in the first quarter. Robeco Institutional Asset Management B.V. now owns 212,054 shares of the aerospace company's stock valued at $9,797,000 after acquiring an additional 193,739 shares during the period. Jennison Associates LLC boosted its stake in Embraer-Empresa Brasileira de Aeronautica by 215.7% during the first quarter. Jennison Associates LLC now owns 4,126,160 shares of the aerospace company's stock worth $190,629,000 after buying an additional 2,819,306 shares in the last quarter. Quantinno Capital Management LP bought a new stake in Embraer-Empresa Brasileira de Aeronautica in the 4th quarter valued at $227,000. Janney Montgomery Scott LLC acquired a new position in shares of Embraer-Empresa Brasileira de Aeronautica in the 1st quarter valued at $249,000. Finally, Diversify Wealth Management LLC raised its stake in shares of Embraer-Empresa Brasileira de Aeronautica by 13.0% in the 1st quarter. Diversify Wealth Management LLC now owns 43,950 shares of the aerospace company's stock valued at $2,004,000 after buying an additional 5,061 shares in the last quarter. 34.65% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. UBS Group raised their price objective on shares of Embraer-Empresa Brasileira de Aeronautica from $39.00 to $44.00 and gave the stock a "sell" rating in a report on Friday, August 15th. Hsbc Global Res raised shares of Embraer-Empresa Brasileira de Aeronautica from a "hold" rating to a "strong-buy" rating in a report on Wednesday, June 4th. Zacks Research downgraded shares of Embraer-Empresa Brasileira de Aeronautica from a "hold" rating to a "strong sell" rating in a report on Friday, August 15th. Wall Street Zen downgraded shares of Embraer-Empresa Brasileira de Aeronautica from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. Finally, The Goldman Sachs Group increased their price objective on Embraer-Empresa Brasileira de Aeronautica from $60.00 to $67.00 and gave the stock a "buy" rating in a research note on Thursday, August 7th. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $54.67.

Embraer-Empresa Brasileira de Aeronautica Price Performance

Embraer-Empresa Brasileira de Aeronautica stock traded down $0.41 during mid-day trading on Wednesday, hitting $55.84. 846,391 shares of the company were exchanged, compared to its average volume of 2,389,437. Embraer-Empresa Brasileira de Aeronautica has a 1-year low of $31.76 and a 1-year high of $61.65. The company has a market capitalization of $10.26 billion, a PE ratio of 27.24 and a beta of 1.76. The company has a quick ratio of 0.60, a current ratio of 1.33 and a debt-to-equity ratio of 0.58. The business has a fifty day moving average of $55.13 and a 200 day moving average of $49.62.

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ - Get Free Report) last announced its earnings results on Tuesday, August 5th. The aerospace company reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.47 by ($0.49). Embraer-Empresa Brasileira de Aeronautica had a net margin of 5.43% and a return on equity of 13.38%. The business had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.67 billion. During the same quarter last year, the business posted $0.44 earnings per share. Embraer-Empresa Brasileira de Aeronautica has set its FY 2025 guidance at EPS. As a group, sell-side analysts expect that Embraer-Empresa Brasileira de Aeronautica will post 2.04 earnings per share for the current year.

Embraer-Empresa Brasileira de Aeronautica Profile

Embraer SA designs, develops, manufactures, and sells aircraft and systems in North America, Latin America, the Asia Pacific, Brazil, Europe, and internationally. The company operates through Commercial Aviation; Defense & Security; Executive Aviation; Services & Support; and Other segments. The Commercial Aviation segment designs, develops, manufactures, and sells commercial jets, as well as leases aircraft.