Northern Trust Corp raised its holdings in Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) by 3.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 380,599 shares of the aerospace company’s stock after buying an additional 13,558 shares during the quarter. Northern Trust Corp owned 0.21% of Embraer-Empresa Brasileira de Aeronautica worth $6,939,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of ERJ. FMR LLC lifted its stake in Embraer-Empresa Brasileira de Aeronautica by 66.8% in the first quarter. FMR LLC now owns 1,074,942 shares of the aerospace company’s stock valued at $23,735,000 after buying an additional 430,642 shares during the period. PNC Financial Services Group Inc. lifted its stake in Embraer-Empresa Brasileira de Aeronautica by 1.7% in the first quarter. PNC Financial Services Group Inc. now owns 9,067 shares of the aerospace company’s stock valued at $199,000 after buying an additional 152 shares during the period. Vanguard Group Inc. lifted its stake in Embraer-Empresa Brasileira de Aeronautica by 3.2% in the first quarter. Vanguard Group Inc. now owns 2,102,410 shares of the aerospace company’s stock valued at $46,421,000 after buying an additional 65,411 shares during the period. AQR Capital Management LLC lifted its stake in Embraer-Empresa Brasileira de Aeronautica by 5.1% in the first quarter. AQR Capital Management LLC now owns 99,959 shares of the aerospace company’s stock valued at $2,207,000 after buying an additional 4,842 shares during the period. Finally, Goldman Sachs Group Inc. lifted its stake in Embraer-Empresa Brasileira de Aeronautica by 11.2% in the first quarter. Goldman Sachs Group Inc. now owns 667,212 shares of the aerospace company’s stock valued at $14,732,000 after buying an additional 67,267 shares during the period. 56.73% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Embraer-Empresa Brasileira de Aeronautica (ERJ) opened at $19.12 on Monday. The company has a market capitalization of $3,511.20, a P/E ratio of 8.14, a PEG ratio of 0.62 and a beta of 0.34. Embraer-Empresa Brasileira de Aeronautica has a 1-year low of $17.58 and a 1-year high of $24.95. The company has a current ratio of 2.67, a quick ratio of 1.73 and a debt-to-equity ratio of 1.05.

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) last released its quarterly earnings data on Friday, October 27th. The aerospace company reported $0.41 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.30 by $0.11. The firm had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.34 billion. Embraer-Empresa Brasileira de Aeronautica had a return on equity of 10.65% and a net margin of 6.63%. sell-side analysts expect that Embraer-Empresa Brasileira de Aeronautica will post 1.81 EPS for the current year.

The company also recently disclosed a special dividend, which was paid on Monday, October 16th. Stockholders of record on Wednesday, September 20th were issued a dividend of $0.0516 per share. This is an increase from Embraer-Empresa Brasileira de Aeronautica’s previous special dividend of $0.05. The ex-dividend date of this dividend was Tuesday, September 19th. Embraer-Empresa Brasileira de Aeronautica’s payout ratio is currently 11.31%.

Several equities analysts have issued reports on the company. ValuEngine lowered Embraer-Empresa Brasileira de Aeronautica from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st. Cowen and Company reissued a “hold” rating and issued a $24.00 price target on shares of Embraer-Empresa Brasileira de Aeronautica in a research note on Wednesday, September 6th. Zacks Investment Research lowered Embraer-Empresa Brasileira de Aeronautica from a “hold” rating to a “sell” rating in a research note on Thursday, October 12th. BidaskClub raised Embraer-Empresa Brasileira de Aeronautica from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 25th. Finally, Scotiabank lowered Embraer-Empresa Brasileira de Aeronautica from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, October 17th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $21.67.

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Embraer-Empresa Brasileira de Aeronautica Profile

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Institutional Ownership by Quarter for Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ)

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