Cadeler A/S Sponsored ADR $CDLR Shares Sold by Dimensional Fund Advisors LP

Key Points

• Dimensional Fund Advisors cut its Cadeler A/S position by 33% in the first quarter, selling 74,153 shares and retaining 150,345 shares worth approximately $3.5 million. Institutional investors collectively own 53.03% of CDLR.
• Analyst sentiment remains cautious: Wall Street Zen downgraded the stock to “sell,” while Weiss Ratings lowered its assessment, and three analysts maintain “hold” ratings overall.
• Cadeler reported a quarterly loss of $0.09 per share and revenue of $144.4 million, missing estimates of $0.15 EPS and $174.3 million revenue. CDLR opened at $22.22, compared with a 52-week range of $15.37 to $30.01.

Dimensional Fund Advisors LP lowered its holdings in shares of Cadeler A/S Sponsored ADR (NYSE:CDLR - Free Report) by 33.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 150,345 shares of the company's stock after selling 74,153 shares during the period. Dimensional Fund Advisors LP owned approximately 0.17% of Cadeler A/S worth $3,535,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CDLR. QRG Capital Management Inc. bought a new stake in shares of Cadeler A/S during the 1st quarter worth about $243,000. Blue Trust Inc. acquired a new stake in Cadeler A/S in the first quarter worth approximately $42,000. Invesco Ltd. boosted its stake in Cadeler A/S by 50.0% during the 4th quarter. Invesco Ltd. now owns 644,239 shares of the company's stock valued at $11,976,000 after purchasing an additional 214,683 shares in the last quarter. Schonfeld Strategic Advisors LLC acquired a new position in shares of Cadeler A/S during the 4th quarter valued at $214,000. Finally, Cetera Investment Advisers increased its position in shares of Cadeler A/S by 19.0% during the 4th quarter. Cetera Investment Advisers now owns 26,509 shares of the company's stock valued at $493,000 after purchasing an additional 4,228 shares during the period. Institutional investors own 53.03% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Wall Street Zen lowered Cadeler A/S from a "hold" rating to a "sell" rating in a report on Sunday, July 5th. Weiss Ratings lowered Cadeler A/S from a "hold (c+)" rating to a "hold (c)" rating in a report on Thursday, May 21st. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Cadeler A/S currently has an average rating of "Hold".

Cadeler A/S Price Performance

NYSE CDLR opened at $22.22 on Thursday. The stock's 50-day moving average price is $22.58 and its two-hundred day moving average price is $24.46. The company has a market cap of $2.14 billion, a PE ratio of 6.40 and a beta of 0.66. The company has a current ratio of 1.31, a quick ratio of 1.29 and a debt-to-equity ratio of 0.87. Cadeler A/S Sponsored ADR has a 1 year low of $15.37 and a 1 year high of $30.01.

Cadeler A/S (NYSE:CDLR - Get Free Report) last released its quarterly earnings results on Wednesday, May 20th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by ($0.24). The firm had revenue of $144.38 million for the quarter, compared to analyst estimates of $174.30 million. Cadeler A/S had a net margin of 39.61% and a return on equity of 18.00%.

Cadeler A/S Profile

Cadeler A/S is a Denmark-based specialist in offshore wind turbine installation and related services. The company operates a fleet of dynamically positioned (DP3) self-propelled jack-up vessels designed for the transportation, installation and commissioning of foundation structures, turbine towers, nacelles and blades. Cadeler's capabilities encompass project planning, logistics coordination and offshore operations, enabling wind farm developers to deploy large-scale turbines in challenging marine environments.

The company's two flagship vessels, Wind Orca and Wind Osprey, are equipped to work in water depths of up to 70 meters and to handle the installation of next-generation turbines.

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