Castellum (NYSEAMERICAN:CTM) Upgraded to “Hold” at Zacks Research

Zacks Research upgraded shares of Castellum (NYSEAMERICAN:CTM) to a hold rating in a report issued on Tuesday,Zacks.com reports.

Castellum Trading Up 4.2%

Shares of NYSEAMERICAN:CTM opened at $0.63 on Tuesday. The stock’s 50-day moving average price is $0.70 and its 200-day moving average price is $0.75. Castellum has a 12-month low of $0.48 and a 12-month high of $1.36. The stock has a market capitalization of $59.74 million, a P/E ratio of -31.51 and a beta of -6.57.

Castellum (NYSEAMERICAN:CTM) last released its quarterly earnings data on Thursday, August 6th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.02). Castellum had a negative return on equity of 6.31% and a negative net margin of 4.13%.The company had revenue of $13.86 million during the quarter, compared to analysts’ expectations of $16.00 million.

Institutional Trading of Castellum

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Cubist Systematic Strategies LLC purchased a new stake in shares of Castellum during the first quarter valued at approximately $72,000. Geode Capital Management LLC grew its holdings in shares of Castellum by 43.2% in the second quarter. Geode Capital Management LLC now owns 599,198 shares of the company’s stock worth $629,000 after purchasing an additional 180,673 shares during the last quarter. XTX Topco Ltd increased its stake in shares of Castellum by 107.6% in the second quarter. XTX Topco Ltd now owns 135,796 shares of the company’s stock worth $143,000 after buying an additional 70,377 shares during the period. Jane Street Group LLC purchased a new position in shares of Castellum in the second quarter worth $204,000. Finally, Vanguard Group Inc. raised its holdings in Castellum by 21.5% during the 3rd quarter. Vanguard Group Inc. now owns 1,277,915 shares of the company’s stock valued at $1,393,000 after buying an additional 225,937 shares during the last quarter. Institutional investors own 3.39% of the company’s stock.

Castellum News Summary

Here are the key news stories impacting Castellum this week:

• Positive Sentiment: Zacks Research upgraded Castellum to a “Hold” rating. While this is not a bullish recommendation, the move may provide modest support by signaling a less-negative view of the stock. Ticker Report article
• Neutral Sentiment: Maxim Group’s latest estimates generally call for $0.00 EPS across Castellum’s 2026 and 2027 quarterly periods, with fiscal 2027 EPS projected at only $0.01. The forecasts suggest expectations for limited near-term profitability rather than a major earnings catalyst.
• Negative Sentiment: Castellum’s latest reported quarter came in below expectations, with a loss of $0.01 per share versus the projected $0.01 profit and revenue of $13.86 million versus the $16.00 million consensus. The company remains unprofitable, which could limit further upside despite the rating upgrade.

About Castellum

Castellum AB is a Sweden‐based real estate company specializing in the ownership, management and development of commercial properties. The company’s primary focus is on office premises and logistics facilities situated in attractive growth regions across Sweden and the broader Öresund area. With a strategic emphasis on long‐term leases and strong tenant relationships, Castellum aims to deliver stable rental income and capital appreciation over time.

Founded in 1940 and headquartered in Gothenburg, Castellum has grown through a combination of land acquisitions, property development and selective portfolio divestments.