Embraer-Empresa Brasileira de Aeronautica $ERJ Shares Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC grew its holdings in Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ - Free Report) by 153.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 13,665 shares of the aerospace company's stock after acquiring an additional 8,269 shares during the quarter. Janney Montgomery Scott LLC's holdings in Embraer-Empresa Brasileira de Aeronautica were worth $778,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. WPG Advisers LLC acquired a new position in Embraer-Empresa Brasileira de Aeronautica in the first quarter valued at approximately $25,000. U.S. Capital Wealth Advisors LLC lifted its holdings in Embraer-Empresa Brasileira de Aeronautica by 5.3% in the first quarter. U.S. Capital Wealth Advisors LLC now owns 12,312 shares of the aerospace company's stock valued at $569,000 after acquiring an additional 624 shares during the period. US Bancorp DE lifted its holdings in Embraer-Empresa Brasileira de Aeronautica by 19.4% in the first quarter. US Bancorp DE now owns 3,984 shares of the aerospace company's stock valued at $184,000 after acquiring an additional 648 shares during the period. Jones Financial Companies Lllp lifted its holdings in Embraer-Empresa Brasileira de Aeronautica by 98.2% in the first quarter. Jones Financial Companies Lllp now owns 1,508 shares of the aerospace company's stock valued at $70,000 after acquiring an additional 747 shares during the period. Finally, Vident Advisory LLC increased its position in shares of Embraer-Empresa Brasileira de Aeronautica by 6.7% in the first quarter. Vident Advisory LLC now owns 15,015 shares of the aerospace company's stock valued at $694,000 after buying an additional 937 shares in the last quarter. Institutional investors and hedge funds own 34.65% of the company's stock.

Embraer-Empresa Brasileira de Aeronautica Stock Down 2.1%

Shares of NYSE:ERJ opened at $59.22 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. The business has a fifty day moving average of $58.14 and a two-hundred day moving average of $52.25. The stock has a market cap of $10.88 billion, a P/E ratio of 28.89, a PEG ratio of 3.66 and a beta of 1.82. Embraer-Empresa Brasileira de Aeronautica has a 52-week low of $32.88 and a 52-week high of $62.09.

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ - Get Free Report) last issued its earnings results on Tuesday, August 5th. The aerospace company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.49). The company had revenue of $1.82 billion during the quarter, compared to analysts' expectations of $1.67 billion. Embraer-Empresa Brasileira de Aeronautica had a net margin of 5.43% and a return on equity of 13.38%. During the same quarter in the previous year, the company earned $0.44 earnings per share. Embraer-Empresa Brasileira de Aeronautica has set its FY 2025 guidance at EPS. On average, 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 analysts have recently commented on ERJ shares. UBS Group boosted their price objective on Embraer-Empresa Brasileira de Aeronautica from $39.00 to $44.00 and gave the company a "sell" rating in a research report on Friday, August 15th. Wall Street Zen cut Embraer-Empresa Brasileira de Aeronautica from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. Zacks Research upgraded Embraer-Empresa Brasileira de Aeronautica from a "strong sell" rating to a "hold" rating in a research report on Monday, September 15th. Bank of America boosted their price objective on Embraer-Empresa Brasileira de Aeronautica from $55.00 to $65.00 and gave the company a "buy" rating in a research report on Thursday, September 11th. Finally, Wolfe Research upgraded Embraer-Empresa Brasileira de Aeronautica from a "peer perform" rating to an "outperform" rating and set a $64.00 price objective for the company in a research report on Thursday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Embraer-Empresa Brasileira de Aeronautica presently has an average rating of "Moderate Buy" and an average price target of $61.17.

About Embraer-Empresa Brasileira de Aeronautica

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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