Embraer S.A. (NYSE:ERJ) Shares Acquired by Capital Wealth Planning LLC

Capital Wealth Planning LLC increased its holdings in shares of Embraer S.A. (NYSE:ERJ - Free Report) by 8.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 91,013 shares of the aerospace company's stock after acquiring an additional 7,376 shares during the period. Capital Wealth Planning LLC's holdings in Embraer were worth $3,338,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in ERJ. US Bancorp DE grew its holdings in shares of Embraer by 13.4% in the 4th quarter. US Bancorp DE now owns 3,336 shares of the aerospace company's stock worth $122,000 after acquiring an additional 395 shares during the period. U S Global Investors Inc. lifted its holdings in shares of Embraer by 4.5% in the fourth quarter. U S Global Investors Inc. now owns 145,991 shares of the aerospace company's stock valued at $5,355,000 after purchasing an additional 6,220 shares in the last quarter. QRG Capital Management Inc. purchased a new stake in shares of Embraer in the fourth quarter valued at about $243,000. Navellier & Associates Inc. increased its stake in shares of Embraer by 8.5% during the 4th quarter. Navellier & Associates Inc. now owns 38,410 shares of the aerospace company's stock worth $1,409,000 after purchasing an additional 3,000 shares in the last quarter. Finally, TimesSquare Capital Management LLC raised its position in shares of Embraer by 50.5% during the 4th quarter. TimesSquare Capital Management LLC now owns 996,361 shares of the aerospace company's stock worth $36,547,000 after purchasing an additional 334,206 shares during the last quarter. 34.65% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on ERJ. TD Cowen raised Embraer to a "strong-buy" rating in a report on Thursday, December 19th. The Goldman Sachs Group raised their price target on shares of Embraer from $44.00 to $50.00 and gave the stock a "buy" rating in a research note on Monday. StockNews.com upgraded shares of Embraer from a "hold" rating to a "buy" rating in a research report on Sunday. Bank of America boosted their price target on Embraer from $40.00 to $55.00 and gave the company a "buy" rating in a report on Thursday, November 21st. Finally, UBS Group lowered shares of Embraer from a "neutral" rating to a "sell" rating and increased their price objective for the stock from $29.00 to $32.00 in a report on Tuesday, November 19th. One equities research analyst has rated the stock with a sell rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Embraer currently has a consensus rating of "Moderate Buy" and a consensus target price of $43.00.

Embraer Stock Up 6.6 %

Shares of NYSE ERJ traded up $3.13 on Monday, hitting $50.78. The company had a trading volume of 2,582,179 shares, compared to its average volume of 1,546,437. The company has a quick ratio of 0.76, a current ratio of 1.56 and a debt-to-equity ratio of 0.74. Embraer S.A. has a 12-month low of $20.74 and a 12-month high of $52.00. The firm has a market capitalization of $9.33 billion, a P/E ratio of 18.72 and a beta of 1.71. The business has a 50 day moving average of $40.25 and a two-hundred day moving average of $37.12.

Embraer (NYSE:ERJ - Get Free Report) last released its quarterly earnings results on Thursday, February 27th. The aerospace company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.47 by $0.47. Embraer had a return on equity of 11.61% and a net margin of 8.24%. The business had revenue of $2.31 billion for the quarter, compared to analysts' expectations of $2.21 billion. As a group, equities research analysts forecast that Embraer S.A. will post 2.04 earnings per share for the current fiscal year.

About Embraer

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.