Brighton Jones LLC Acquires Shares of 13,686 Embraer S.A. (NYSE:ERJ)

Brighton Jones LLC bought a new position in shares of Embraer S.A. (NYSE:ERJ) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 13,686 shares of the aerospace company’s stock, valued at approximately $502,000.

Several other large investors have also made changes to their positions in ERJ. Yeomans Consulting Group Inc. acquired a new position in Embraer during the 4th quarter valued at about $276,000. Ballentine Partners LLC lifted its holdings in Embraer by 4.0% in the fourth quarter. Ballentine Partners LLC now owns 7,614 shares of the aerospace company’s stock valued at $279,000 after buying an additional 296 shares during the period. Diversify Wealth Management LLC boosted its stake in Embraer by 19.1% in the fourth quarter. Diversify Wealth Management LLC now owns 38,889 shares of the aerospace company’s stock valued at $1,465,000 after acquiring an additional 6,225 shares during the last quarter. LVW Advisors LLC grew its holdings in Embraer by 3.3% during the 4th quarter. LVW Advisors LLC now owns 10,660 shares of the aerospace company’s stock worth $391,000 after acquiring an additional 340 shares during the period. Finally, Ritholtz Wealth Management raised its position in shares of Embraer by 3.5% during the 4th quarter. Ritholtz Wealth Management now owns 43,107 shares of the aerospace company’s stock valued at $1,581,000 after acquiring an additional 1,456 shares during the last quarter. Institutional investors and hedge funds own 34.65% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. TD Cowen upgraded Embraer to a “strong-buy” rating in a research report on Thursday, December 19th. StockNews.com raised Embraer from a “hold” rating to a “buy” rating in a research note on Wednesday, December 25th. Bank of America lifted their price objective on shares of Embraer from $40.00 to $55.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Finally, UBS Group downgraded shares of Embraer from a “neutral” rating to a “sell” rating and upped their target price for the company from $29.00 to $32.00 in a research note on Tuesday, November 19th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $37.43.

Embraer Stock Performance

Shares of ERJ stock opened at $41.18 on Monday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.76 and a current ratio of 1.56. Embraer S.A. has a 52 week low of $17.19 and a 52 week high of $41.90. The company’s 50 day moving average price is $37.84 and its two-hundred day moving average price is $34.85. The company has a market capitalization of $7.56 billion, a P/E ratio of 15.14 and a beta of 1.71.

Embraer (NYSE:ERJ) last issued its quarterly earnings data on Friday, November 8th. The aerospace company reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.92. The business had revenue of $1.69 billion for the quarter, compared to analyst estimates of $1.63 billion. Embraer had a net margin of 8.24% and a return on equity of 11.61%. During the same period last year, the business posted $0.18 earnings per share. On average, analysts expect that Embraer S.A. will post 2.06 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.