Quantbot Technologies LP Has $450,000 Stock Position in Embraer-Empresa Brasileira de Aeronautica $ERJ

Key Points

• Quantbot Technologies LP significantly increased its holdings in Embraer-Empresa Brasileira de Aeronautica by 194.9% in the first quarter, acquiring an additional 6,437 shares, bringing its total ownership to $450,000.
• Multiple institutional investors, including Colonial Trust Co SC and Farther Finance Advisors LLC, have also expanded their stakes, indicating growing interest in Embraer-Empresa Brasileira de Aeronautica.
• Embraer reported a loss of ($0.02) EPS for the last quarter, missing analysts' expectations, despite higher revenue of $1.82 billion compared to the forecasted $1.67 billion.

Quantbot Technologies LP lifted its position in shares of Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ - Free Report) by 194.9% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 9,739 shares of the aerospace company's stock after acquiring an additional 6,437 shares during the period. Quantbot Technologies LP's holdings in Embraer-Empresa Brasileira de Aeronautica were worth $450,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Qtron Investments LLC bought a new position in Embraer-Empresa Brasileira de Aeronautica in the 1st quarter valued at about $234,000. Corient IA LLC bought a new position in Embraer-Empresa Brasileira de Aeronautica in the 1st quarter valued at about $1,155,000. State of New Jersey Common Pension Fund D grew its position in Embraer-Empresa Brasileira de Aeronautica by 3.1% in the 1st quarter. State of New Jersey Common Pension Fund D now owns 77,035 shares of the aerospace company's stock valued at $3,559,000 after buying an additional 2,314 shares in the last quarter. GQG Partners LLC bought a new position in shares of Embraer-Empresa Brasileira de Aeronautica during the 1st quarter valued at about $276,246,000. Finally, Fox Hill Wealth Management boosted its position in shares of Embraer-Empresa Brasileira de Aeronautica by 104.4% during the 1st quarter. Fox Hill Wealth Management now owns 11,272 shares of the aerospace company's stock valued at $521,000 after purchasing an additional 5,758 shares in the last quarter. Institutional investors own 34.65% of the company's stock.

Embraer-Empresa Brasileira de Aeronautica Stock Down 0.3%

NYSE:ERJ traded down $0.19 during mid-day trading on Friday, reaching $56.27. The stock had a trading volume of 1,544,727 shares, compared to its average volume of 1,697,095. Embraer-Empresa Brasileira de Aeronautica has a fifty-two week low of $31.76 and a fifty-two week high of $61.65. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.33 and a quick ratio of 0.60. The business's 50 day moving average is $55.27 and its 200 day moving average is $49.88. The stock has a market cap of $10.33 billion, a P/E ratio of 27.45 and a beta of 1.76.

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

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on ERJ shares. UBS Group raised their price objective on shares of 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. Wolfe Research raised shares of 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 note on Thursday, July 31st. Wall Street Zen lowered shares of Embraer-Empresa Brasileira de Aeronautica from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. HSBC raised shares of Embraer-Empresa Brasileira de Aeronautica from a "hold" rating to a "buy" rating and increased their price target for the stock from $45.00 to $57.00 in a research report on Wednesday, June 4th. Finally, Hsbc Global Res raised shares of Embraer-Empresa Brasileira de Aeronautica from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, June 4th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, Embraer-Empresa Brasileira de Aeronautica presently has an average rating of "Moderate Buy" and a consensus price target of $54.67.

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.