Graham Capital Wealth Management LLC Acquires 116,500 Shares of CMB.TECH nv $CMBT

Key Points

• Graham Capital Wealth Management boosted its CMB.TECH stake by 36.3% in Q4, buying 116,500 shares to hold 437,222 shares (about $4.22M), making the stock ~3.9% of its portfolio and its 6th-largest holding.
• CMB.TECH announced a special dividend of $0.16 per share (ex‑dividend Apr 15, payable Apr 22) and reported Q4 results with EPS $0.31 (missed by $0.03) while revenue of $589.1M materially beat estimates.
• Other institutions—including Goldman Sachs, JPMorgan and Norges Bank—have added positions, and the shares trade near $13 with a market cap of ~$2.54B and a P/E of about 20.1 (52‑week range $7.65–$14.93).

Graham Capital Wealth Management LLC boosted its holdings in CMB.TECH nv (NYSE:CMBT - Free Report) by 36.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 437,222 shares of the company's stock after acquiring an additional 116,500 shares during the period. CMB.TECH accounts for about 3.9% of Graham Capital Wealth Management LLC's portfolio, making the stock its 6th largest holding. Graham Capital Wealth Management LLC's holdings in CMB.TECH were worth $4,219,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. lifted its stake in CMB.TECH by 17.7% during the first quarter. Goldman Sachs Group Inc. now owns 248,014 shares of the company's stock worth $2,252,000 after purchasing an additional 37,356 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in CMB.TECH by 3,978.5% during the second quarter. JPMorgan Chase & Co. now owns 30,752 shares of the company's stock worth $277,000 after purchasing an additional 29,998 shares in the last quarter. Legal & General Group Plc lifted its stake in CMB.TECH by 221.3% during the second quarter. Legal & General Group Plc now owns 6,529 shares of the company's stock worth $59,000 after purchasing an additional 4,497 shares in the last quarter. Norges Bank acquired a new position in CMB.TECH during the second quarter worth $2,847,000. Finally, Raymond James Financial Inc. acquired a new position in CMB.TECH during the second quarter worth $27,000.

CMB.TECH Stock Up 1.2%

NYSE:CMBT opened at $13.06 on Tuesday. The company has a quick ratio of 0.79, a current ratio of 0.86 and a debt-to-equity ratio of 1.80. The stock's fifty day moving average is $13.04 and its two-hundred day moving average is $11.05. CMB.TECH nv has a 52 week low of $7.65 and a 52 week high of $14.93. The stock has a market capitalization of $2.54 billion, a price-to-earnings ratio of 20.08 and a beta of -0.03.

CMB.TECH (NYSE:CMBT - Get Free Report) last released its quarterly earnings results on Friday, February 27th. The company reported $0.31 EPS for the quarter, missing analysts' consensus estimates of $0.34 by ($0.03). CMB.TECH had a return on equity of 6.25% and a net margin of 9.70%.The firm had revenue of $589.12 million for the quarter, compared to analyst estimates of $449.43 million.

CMB.TECH Announces Dividend

The business also recently disclosed a special dividend, which will be paid on Wednesday, April 22nd. Stockholders of record on Wednesday, April 15th will be given a dividend of $0.16 per share. The ex-dividend date of this dividend is Wednesday, April 15th. CMB.TECH's dividend payout ratio is currently 27.69%.

Analyst Ratings Changes

A number of research analysts have commented on CMBT shares. Weiss Ratings upgraded CMB.TECH from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Wednesday, January 14th. Wall Street Zen cut CMB.TECH from a "hold" rating to a "sell" rating in a research note on Saturday. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Buy".

CMB.TECH Company Profile

Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company offers floating, storage, and offloading (FSO) services. It also owns and operates a fleet of vessels. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium. As of March 15, 2024, Euronav NV operates as subsidiary of CMB NV.

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