Redwood Investment Management LLC Acquires New Stake in Charles River Associates $CRAI

Redwood Investment Management LLC bought a new position in Charles River Associates (NASDAQ:CRAI) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 5,132 shares of the business services provider’s stock, valued at approximately $1,164,000.

A number of other large investors have also recently added to or reduced their stakes in CRAI. Jones Financial Companies Lllp acquired a new stake in shares of Charles River Associates in the 1st quarter valued at about $27,000. Allworth Financial LP acquired a new position in shares of Charles River Associates during the second quarter worth about $35,000. Quantbot Technologies LP acquired a new position in shares of Charles River Associates during the second quarter worth about $53,000. Persistent Asset Partners Ltd bought a new position in shares of Charles River Associates during the second quarter worth about $55,000. Finally, State of Wyoming bought a new position in shares of Charles River Associates during the second quarter worth about $74,000. Institutional investors own 84.13% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Charles River Associates in a research note on Friday, August 7th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $245.00.

Key Headlines Impacting Charles River Associates

Here are the key news stories impacting Charles River Associates this week:

• Positive Sentiment: Zacks raised its FY2026 EPS forecast to $8.32 from $8.28 and its FY2027 forecast to $9.01 from $8.99, indicating slightly improved full-year expectations.
• Positive Sentiment: Longer-range quarterly estimates were also increased, including Q3 2027 EPS to $2.26 from $2.00 and Q2 2028 EPS to $2.52 from $2.50. Q2 2027 was raised modestly to $2.33 from $2.32.
• Neutral Sentiment: The revisions were mixed overall. Zacks maintained a current full-year consensus estimate of $8.42 per share, above its own FY2026 forecast of $8.32, leaving some uncertainty about near-term execution and consensus expectations.
• Neutral Sentiment: Reported short interest was listed at zero shares as of August 25, unchanged from August 10, with a zero-day days-to-cover ratio. This data provides no meaningful indication of short-selling pressure.
• Negative Sentiment: Near-term estimates were reduced: Q3 2026 EPS fell to $2.02 from $2.06, while Q4 2026 declined to $2.15 from $2.21.
• Negative Sentiment: Forecasts for Q1 2027, Q4 2027 and Q1 2028 were also cut to $2.25, $2.16 and $2.28, respectively. These reductions may weigh on sentiment because they suggest softer earnings momentum over the next several reporting periods.

Charles River Associates Trading Down 0.7%

Shares of CRAI stock opened at $170.69 on Thursday. Charles River Associates has a 1 year low of $132.17 and a 1 year high of $227.29. The firm’s fifty day moving average price is $164.04 and its two-hundred day moving average price is $159.36. The firm has a market capitalization of $1.07 billion, a P/E ratio of 22.73, a PEG ratio of 1.28 and a beta of 0.66.

Charles River Associates (NASDAQ:CRAI) last posted its quarterly earnings data on Thursday, August 6th. The business services provider reported $2.16 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $0.01. The company had revenue of $210.81 million during the quarter, compared to the consensus estimate of $198.91 million. Charles River Associates had a net margin of 6.20% and a return on equity of 27.31%. As a group, equities research analysts forecast that Charles River Associates will post 8.42 EPS for the current fiscal year.

Charles River Associates Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Tuesday, August 25th will be given a dividend of $0.57 per share. The ex-dividend date of this dividend is Tuesday, August 25th. This represents a $2.28 annualized dividend and a yield of 1.3%. Charles River Associates’s dividend payout ratio is 30.36%.

Charles River Associates Profile

Charles River Associates (NASDAQ: CRAI) is a global consulting firm specializing in economic, financial and management advisory services. Founded in 1965 and headquartered in Boston, Massachusetts, the company provides expert analysis to support litigation, regulatory proceedings, and strategic decision-making. Its multidisciplinary teams draw on academic rigor and industry experience to deliver quantitative and qualitative insights tailored to clients’ needs.

The firm’s service offerings include competition economics, antitrust and merger analysis, intellectual property valuation and damages assessment, and risk management.