Robeco Institutional Asset Management B.V. Has $9.80 Million Stake in Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ)

Robeco Institutional Asset Management B.V. raised its holdings in shares of Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ - Free Report) by 1,057.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 212,054 shares of the aerospace company's stock after acquiring an additional 193,739 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.12% of Embraer-Empresa Brasileira de Aeronautica worth $9,797,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in ERJ. Principal Financial Group Inc. lifted its stake in Embraer-Empresa Brasileira de Aeronautica by 5.3% in the fourth quarter. Principal Financial Group Inc. now owns 177,602 shares of the aerospace company's stock valued at $6,514,000 after acquiring an additional 8,938 shares during the last quarter. QRG Capital Management Inc. acquired a new stake in shares of Embraer-Empresa Brasileira de Aeronautica in the 4th quarter valued at $243,000. Quantinno Capital Management LP bought a new stake in Embraer-Empresa Brasileira de Aeronautica in the fourth quarter worth $227,000. Truist Financial Corp increased its position in Embraer-Empresa Brasileira de Aeronautica by 8.1% during the fourth quarter. Truist Financial Corp now owns 6,298 shares of the aerospace company's stock worth $231,000 after buying an additional 470 shares during the last quarter. Finally, Natixis Advisors LLC raised its holdings in Embraer-Empresa Brasileira de Aeronautica by 132.0% during the fourth quarter. Natixis Advisors LLC now owns 158,496 shares of the aerospace company's stock valued at $5,814,000 after buying an additional 90,187 shares in the last quarter. Institutional investors and hedge funds own 34.65% of the company's stock.

Embraer-Empresa Brasileira de Aeronautica Stock Performance

Shares of ERJ traded up $1.99 during mid-day trading on Monday, hitting $56.94. The company's stock had a trading volume of 1,244,797 shares, compared to its average volume of 1,489,422. The stock's 50-day moving average is $48.27 and its two-hundred day moving average is $44.75. The firm has a market capitalization of $10.46 billion, a PE ratio of 26.36 and a beta of 1.68. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.59 and a current ratio of 1.32. Embraer-Empresa Brasileira de Aeronautica has a one year low of $25.24 and a one year high of $57.11.

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The aerospace company reported $0.40 earnings per share for the quarter, beating analysts' consensus estimates of $0.21 by $0.19. The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.17 billion. Embraer-Empresa Brasileira de Aeronautica had a net margin of 6.02% and a return on equity of 16.43%. The business's revenue was up 23.0% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.48) EPS. As a group, sell-side analysts anticipate that Embraer-Empresa Brasileira de Aeronautica will post 2.04 EPS for the current year.

Embraer-Empresa Brasileira de Aeronautica Announces Dividend

The company also recently announced a -- dividend, which was paid on Monday, June 2nd. Investors of record on Friday, May 16th were given a dividend of $0.049 per share. The ex-dividend date of this dividend was Friday, May 16th. Embraer-Empresa Brasileira de Aeronautica's dividend payout ratio (DPR) is presently 2.31%.

Analyst Upgrades and Downgrades

ERJ has been the subject of several recent analyst reports. The Goldman Sachs Group upped their price target on Embraer-Empresa Brasileira de Aeronautica from $54.00 to $60.00 and gave the stock a "buy" rating in a research note on Monday, May 12th. Hsbc Global Res raised Embraer-Empresa Brasileira de Aeronautica from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, June 4th. Wolfe Research reissued a "peer perform" rating on shares of Embraer-Empresa Brasileira de Aeronautica in a research report on Monday, March 24th. Wall Street Zen cut shares of Embraer-Empresa Brasileira de Aeronautica from a "buy" rating to a "hold" rating in a research note on Monday, March 10th. Finally, UBS Group reiterated a "sell" rating and issued a $39.00 target price (up from $35.00) on shares of Embraer-Empresa Brasileira de Aeronautica in a research note on Thursday, April 24th. One analyst has rated the stock with a sell rating, two have issued a hold rating, three have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $50.40.

Embraer-Empresa Brasileira de Aeronautica Company 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.