Compound Planning Inc. Invests $292,000 in Embraer-Empresa Brasileira de Aeronautica $ERJ

Key Points

• Compound Planning Inc. has invested $292,000 in Embraer-Empresa Brasileira de Aeronautica, acquiring 6,321 shares of the company during the first quarter.
• A number of institutional investors, including Ameriprise Financial Inc. and Hsbc Holdings PLC, have increased their holdings in Embraer, indicating strong interest in the stock.
• Embraer's latest earnings report showed a revenue of $1.82 billion, surpassing analysts' expectations, despite a miss on earnings per share with a result of ($0.02).

Compound Planning Inc. acquired a new position in shares of Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 6,321 shares of the aerospace company's stock, valued at approximately $292,000.

A number of other institutional investors and hedge funds have also made changes to their positions in ERJ. Ameriprise Financial Inc. raised its holdings in shares of Embraer-Empresa Brasileira de Aeronautica by 34.8% in the 1st quarter. Ameriprise Financial Inc. now owns 791,509 shares of the aerospace company's stock valued at $36,569,000 after purchasing an additional 204,443 shares in the last quarter. Atika Capital Management LLC grew its stake in shares of Embraer-Empresa Brasileira de Aeronautica by 9.2% during the first quarter. Atika Capital Management LLC now owns 149,100 shares of the aerospace company's stock worth $6,888,000 after purchasing an additional 12,500 shares in the last quarter. EntryPoint Capital LLC acquired a new position in shares of Embraer-Empresa Brasileira de Aeronautica during the first quarter worth $346,000. Hsbc Holdings PLC grew its stake in shares of Embraer-Empresa Brasileira de Aeronautica by 41.0% during the first quarter. Hsbc Holdings PLC now owns 230,375 shares of the aerospace company's stock worth $10,643,000 after purchasing an additional 67,034 shares in the last quarter. Finally, Quantbot Technologies LP grew its stake in shares of Embraer-Empresa Brasileira de Aeronautica by 194.9% during the first quarter. Quantbot Technologies LP now owns 9,739 shares of the aerospace company's stock worth $450,000 after purchasing an additional 6,437 shares in the last quarter. 34.65% of the stock is owned by institutional investors and hedge funds.

Embraer-Empresa Brasileira de Aeronautica Stock Performance

NYSE ERJ opened at $55.84 on Thursday. The company has a quick ratio of 0.60, a current ratio of 1.33 and a debt-to-equity ratio of 0.58. Embraer-Empresa Brasileira de Aeronautica has a 52-week low of $31.76 and a 52-week high of $61.65. The business's 50-day moving average price is $55.13 and its 200 day moving average price is $49.62. The firm has a market cap of $10.26 billion, a P/E ratio of 27.24 and a beta of 1.76.

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

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Wolfe Research upgraded shares of Embraer-Empresa Brasileira de Aeronautica from a "peer perform" rating to an "outperform" rating and set a $64.00 target price for the company in a research note on Thursday, July 31st. UBS Group upped their price target on Embraer-Empresa Brasileira de Aeronautica from $39.00 to $44.00 and gave the company a "sell" rating in a report on Friday, August 15th. Hsbc Global Res raised Embraer-Empresa Brasileira de Aeronautica from a "hold" rating to a "strong-buy" rating in a report on Wednesday, June 4th. Zacks Research downgraded Embraer-Empresa Brasileira de Aeronautica from a "hold" rating to a "strong sell" rating in a report on Friday, August 15th. Finally, HSBC raised Embraer-Empresa Brasileira de Aeronautica from a "hold" rating to a "buy" rating and upped their price target for the company from $45.00 to $57.00 in a report on Wednesday, June 4th. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, Embraer-Empresa Brasileira de Aeronautica has an average rating of "Moderate Buy" and an average target price of $54.67.

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.

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