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

Cadeler A/S (NYSE:CDLR) was upgraded by Fearnley Fonds to a “hold” rating in a research note issued on Monday,Zacks.com reports.

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

Cadeler A/S Stock Performance

Shares of NYSE CDLR opened at $22.72 on Monday. The company has a current ratio of 1.07, a quick ratio of 1.06 and a debt-to-equity ratio of 0.82. The stock has a 50 day moving average of $24.23 and a 200-day moving average of $20.95. Cadeler A/S has a 12 month low of $15.37 and a 12 month high of $26.79. The company has a market capitalization of $1.99 billion, a P/E ratio of 6.64 and a beta of 0.13.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Invesco Ltd. raised its position in Cadeler A/S by 50.0% in the fourth quarter. Invesco Ltd. now owns 644,239 shares of the company’s stock valued at $11,976,000 after purchasing an additional 214,683 shares during the last quarter. Valueworks LLC boosted its holdings in shares of Cadeler A/S by 0.3% during the 4th quarter. Valueworks LLC now owns 529,584 shares of the company’s stock worth $9,845,000 after buying an additional 1,791 shares in the last quarter. Marshall Wace LLP grew its holdings in Cadeler A/S by 30.7% in the second quarter. Marshall Wace LLP now owns 85,440 shares of the company’s stock worth $1,698,000 after purchasing an additional 20,079 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Cadeler A/S by 1.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 72,547 shares of the company’s stock valued at $1,498,000 after buying an additional 985 shares during the period. Finally, Jump Financial LLC bought a new stake in shares of Cadeler A/S during the fourth quarter valued at approximately $984,000. 53.03% of the stock is currently owned by institutional investors.

Cadeler A/S Company Profile

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.