282,247 Shares in CI&T Inc. $CINT Acquired by Aberdeen Group plc

Key Points

• Aberdeen Group plc purchased 282,247 shares of CI&T Inc. valued at approximately $1.68 million, marking a new investment position in the company.
• Analysts have a consensus rating of "Moderate Buy" for CI&T, with an average target price of $7.73, reflecting positive sentiment from several brokerages.
• The company's last quarterly earnings report revealed an EPS of $0.07, exceeding expectations and indicating a strong performance despite lower-than-expected revenues.

Aberdeen Group plc purchased a new stake in shares of CI&T Inc. (NYSE:CINT - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 282,247 shares of the company's stock, valued at approximately $1,681,000. Aberdeen Group plc owned approximately 0.21% of CI&T at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Stifel Financial Corp bought a new position in shares of CI&T during the fourth quarter valued at $68,000. Two Sigma Investments LP purchased a new stake in shares of CI&T during the fourth quarter valued at $111,000. Cubist Systematic Strategies LLC boosted its position in shares of CI&T by 82.2% during the fourth quarter. Cubist Systematic Strategies LLC now owns 18,755 shares of the company's stock valued at $114,000 after buying an additional 8,459 shares during the last quarter. Marshall Wace LLP boosted its position in shares of CI&T by 134.4% during the fourth quarter. Marshall Wace LLP now owns 88,142 shares of the company's stock valued at $535,000 after buying an additional 50,543 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its position in shares of CI&T by 110.0% during the fourth quarter. Renaissance Technologies LLC now owns 111,700 shares of the company's stock valued at $678,000 after buying an additional 58,500 shares during the last quarter. 92.45% of the stock is currently owned by institutional investors.

CI&T Stock Performance

Shares of CINT stock traded down $0.09 during trading hours on Tuesday, reaching $5.17. 95,367 shares of the company traded hands, compared to its average volume of 145,331. CI&T Inc. has a 12-month low of $4.42 and a 12-month high of $8.00. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.49 and a quick ratio of 1.49. The company has a market cap of $695.77 million, a P/E ratio of 21.65 and a beta of 1.17. The firm has a 50-day moving average price of $5.57 and a 200 day moving average price of $5.93.

CI&T (NYSE:CINT - Get Free Report) last posted its quarterly earnings data on Wednesday, August 13th. The company reported $0.07 earnings per share for the quarter, beating analysts' consensus estimates of $0.06 by $0.01. CI&T had a return on equity of 11.34% and a net margin of 7.27%.The firm had revenue of $116.32 million for the quarter, compared to analysts' expectations of $659.84 million. CI&T has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, sell-side analysts predict that CI&T Inc. will post 0.2 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently commented on CINT. Wall Street Zen raised CI&T from a "hold" rating to a "buy" rating in a research report on Saturday, August 16th. Canaccord Genuity Group reaffirmed a "buy" rating and set a $8.00 price objective (down from $10.00) on shares of CI&T in a research report on Thursday, June 26th. UBS Group dropped their price objective on CI&T from $8.00 to $6.80 and set a "neutral" rating on the stock in a research report on Tuesday, July 22nd. JPMorgan Chase & Co. raised CI&T from a "neutral" rating to an "overweight" rating and set a $7.00 price objective on the stock in a research report on Monday, May 19th. Finally, Cowen reaffirmed a "buy" rating on shares of CI&T in a research report on Wednesday, May 14th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $7.73.

CI&T Profile

CI&T, Inc provides strategy, design and software engineering services to enable digital transformation. The firm's solutions and services include Digital Strategy, Customer-Centric Design and Top-of-the-Line Software Engineering. The company was founded by Cesar Nivaldo Gon, Bruno Guiçardi Neto and Fernando Matt Borges Martins on June 7, 2021 and is headquartered in Sao Paulo, Brazil.