Trexquant Investment LP Acquires 6,366 Shares of Embraer-Empresa Brasileira de Aeronautica $ERJ

Key Points

• Trexquant Investment LP has increased its stake in Embraer by 3.0%, acquiring an additional 6,366 shares to bring its total ownership to approximately 217,534 shares, valued at $10,050,000.
• Analysts have mixed sentiments about Embraer, with UBS Group increasing their target price to $44.00 while also rating it as a "sell," and Goldman Sachs raising its target price from $60.00 to $67.00 and issuing a "buy" rating.
• Embraer reported EPS of ($0.02) for the last quarter, missing estimates, while generating revenue of $1.82 billion, surpassing expectations of $1.67 billion.

Trexquant Investment LP raised its stake in shares of Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ - Free Report) by 3.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 217,534 shares of the aerospace company's stock after purchasing an additional 6,366 shares during the quarter. Trexquant Investment LP owned 0.12% of Embraer-Empresa Brasileira de Aeronautica worth $10,050,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Colonial Trust Co SC acquired a new stake in shares of Embraer-Empresa Brasileira de Aeronautica during the 4th quarter worth approximately $42,000. Northwestern Mutual Wealth Management Co. lifted its position in Embraer-Empresa Brasileira de Aeronautica by 241.6% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,766 shares of the aerospace company's stock worth $82,000 after purchasing an additional 1,249 shares during the period. Farther Finance Advisors LLC boosted its stake in Embraer-Empresa Brasileira de Aeronautica by 673.0% during the first quarter. Farther Finance Advisors LLC now owns 2,466 shares of the aerospace company's stock worth $114,000 after buying an additional 2,147 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Embraer-Empresa Brasileira de Aeronautica by 47.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,802 shares of the aerospace company's stock valued at $176,000 after buying an additional 1,216 shares in the last quarter. Finally, US Bancorp DE raised its stake in shares of Embraer-Empresa Brasileira de Aeronautica by 19.4% in the 1st quarter. US Bancorp DE now owns 3,984 shares of the aerospace company's stock valued at $184,000 after buying an additional 648 shares in the last quarter. Institutional investors own 34.65% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. UBS Group upped their target price on shares of Embraer-Empresa Brasileira de Aeronautica from $39.00 to $44.00 and gave the company a "sell" rating in a research note on Friday, August 15th. Wall Street Zen lowered Embraer-Empresa Brasileira de Aeronautica from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. HSBC raised Embraer-Empresa Brasileira de Aeronautica from a "hold" rating to a "buy" rating and increased their target price for the stock from $45.00 to $57.00 in a report on Wednesday, June 4th. Zacks Research lowered Embraer-Empresa Brasileira de Aeronautica from a "hold" rating to a "strong sell" rating in a research note on Friday, August 15th. Finally, The Goldman Sachs Group increased their price objective on Embraer-Empresa Brasileira de Aeronautica from $60.00 to $67.00 and gave the stock a "buy" rating in a research note on Thursday, August 7th. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $54.67.

Embraer-Empresa Brasileira de Aeronautica Trading Down 0.3%

ERJ stock opened at $56.27 on Friday. The business has a fifty day moving average price of $55.27 and a 200 day moving average price of $49.82. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.33 and a quick ratio of 0.60. Embraer-Empresa Brasileira de Aeronautica has a fifty-two week low of $31.76 and a fifty-two week high of $61.65. The stock has a market capitalization of $10.33 billion, a price-to-earnings ratio of 27.45 and a beta of 1.76.

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ - Get Free Report) last announced its 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 return on equity of 13.38% and a net margin of 5.43%.The business had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter in the previous year, the company posted $0.44 EPS. Embraer-Empresa Brasileira de Aeronautica has set its FY 2025 guidance at EPS. Analysts expect that Embraer-Empresa Brasileira de Aeronautica will post 2.04 EPS for the current fiscal year.

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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