Cadeler A/S (NYSE:CDLR) Upgraded to “Hold” at Fearnley Fonds

Fearnley Fonds upgraded shares of Cadeler A/S (NYSE:CDLR) to a hold rating in a research note released on Monday,Zacks.com reports.

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Cadeler A/S in a research report on Wednesday, January 21st. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Cadeler A/S Stock Down 1.7%

CDLR stock opened at $22.72 on Monday. Cadeler A/S has a twelve month low of $15.37 and a twelve month high of $26.79. The business has a 50 day moving average of $24.23 and a 200 day moving average of $20.95. The firm has a market cap of $1.99 billion, a PE ratio of 6.64 and a beta of 0.13. The company has a quick ratio of 1.06, a current ratio of 1.07 and a debt-to-equity ratio of 0.82.

Institutional Investors Weigh In On Cadeler A/S

Several institutional investors have recently modified their holdings of CDLR. Invesco Ltd. boosted its holdings in shares of Cadeler A/S by 50.0% in the 4th quarter. Invesco Ltd. now owns 644,239 shares of the company’s stock worth $11,976,000 after purchasing an additional 214,683 shares during the period. Valueworks LLC lifted its position in Cadeler A/S by 0.3% in the fourth quarter. Valueworks LLC now owns 529,584 shares of the company’s stock worth $9,845,000 after buying an additional 1,791 shares during the last quarter. Marshall Wace LLP boosted its stake in Cadeler A/S by 30.7% during the second quarter. Marshall Wace LLP now owns 85,440 shares of the company’s stock worth $1,698,000 after buying an additional 20,079 shares during the period. JPMorgan Chase & Co. increased its position in Cadeler A/S by 1.4% during the third quarter. JPMorgan Chase & Co. now owns 72,547 shares of the company’s stock valued at $1,498,000 after acquiring an additional 985 shares during the last quarter. Finally, Jump Financial LLC purchased a new stake in shares of Cadeler A/S in the fourth quarter valued at $984,000. 53.03% of the stock is owned by institutional investors.

About Cadeler A/S

Cadeler A/S is a Denmark-based specialist in offshore wind turbine installation and related services. The company operates a fleet of dynamically positioned (DP3) self-propelled jack-up vessels designed for the transportation, installation and commissioning of foundation structures, turbine towers, nacelles and blades. Cadeler’s capabilities encompass project planning, logistics coordination and offshore operations, enabling wind farm developers to deploy large-scale turbines in challenging marine environments.

The company’s two flagship vessels, Wind Orca and Wind Osprey, are equipped to work in water depths of up to 70 meters and to handle the installation of next-generation turbines.