Dimensional Fund Advisors LP Buys 60,382 Shares of Cadre Holdings, Inc. $CDRE

Dimensional Fund Advisors LP increased its position in Cadre Holdings, Inc. (NYSE:CDRE) by 8.5% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 767,073 shares of the company’s stock after purchasing an additional 60,382 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Cadre were worth $23,530,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CDRE. Integrated Wealth Concepts LLC acquired a new position in Cadre during the 1st quarter worth approximately $230,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Cadre by 4.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,451 shares of the company’s stock worth $458,000 after acquiring an additional 628 shares in the last quarter. Jones Financial Companies Lllp grew its stake in Cadre by 24,275.0% in the first quarter. Jones Financial Companies Lllp now owns 4,875 shares of the company’s stock valued at $144,000 after acquiring an additional 4,855 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of Cadre by 9.1% during the first quarter. Goldman Sachs Group Inc. now owns 372,211 shares of the company’s stock valued at $11,021,000 after acquiring an additional 31,123 shares in the last quarter. Finally, Jane Street Group LLC increased its holdings in shares of Cadre by 98.5% during the first quarter. Jane Street Group LLC now owns 48,052 shares of the company’s stock valued at $1,423,000 after acquiring an additional 23,844 shares in the last quarter. 43.95% of the stock is owned by institutional investors.

Key Cadre News

Here are the key news stories impacting Cadre this week:

• Positive Sentiment: Revenue significantly exceeded expectations. Cadre reported second-quarter revenue of $207.1 million, well above the roughly $178.3 million analyst estimate. Cadre quarterly earnings report
• Positive Sentiment: Full-year sales guidance was raised or positioned above consensus. Management forecast fiscal 2026 revenue of $749 million to $769 million, compared with the $736.9 million consensus estimate, signaling confidence in demand and the company’s execution. Cadre delivers strong second-quarter numbers
• Positive Sentiment: Reported earnings were above one commonly cited estimate. Adjusted earnings were $0.26 per share, exceeding the $0.22 consensus cited by MarketBeat. The earnings presentation and management commentary provided additional detail on the quarter and outlook. Cadre second-quarter earnings presentation
• Neutral Sentiment: Cadre was highlighted as a Russell 1000 mover. The designation helps explain the unusually heavy trading and investor attention, but it is not itself a change to the company’s fundamentals. Cadre among Russell 1000 movers
• Negative Sentiment: Results were mixed on an alternative earnings benchmark. Zacks reported that the $0.26 per-share result fell short of its $0.29 consensus and declined from $0.30 a year earlier. This may limit the positive reaction despite the strong revenue and guidance figures. Cadre earnings estimate report

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on CDRE. Weiss Ratings cut Cadre from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, May 20th. JPMorgan Chase & Co. initiated coverage on shares of Cadre in a report on Monday, July 27th. They set an “overweight” rating and a $40.00 price objective on the stock. Roth Capital reaffirmed a “buy” rating and issued a $40.00 price objective on shares of Cadre in a research note on Wednesday, May 13th. Jefferies Financial Group set a $40.00 target price on shares of Cadre in a report on Wednesday, May 13th. Finally, Zacks Research upgraded Cadre from a “strong sell” rating to a “hold” rating in a report on Thursday, June 4th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $39.80.

Insider Activity at Cadre

In other news, CEO Warren B. Kanders sold 100,000 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $30.03, for a total value of $3,003,000.00. Following the transaction, the chief executive officer owned 9,817,039 shares in the company, valued at $294,805,681.17. The trade was a 1.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last quarter, insiders have sold 175,000 shares of company stock worth $5,091,500. 30.10% of the stock is owned by company insiders.

Cadre Stock Performance

Shares of CDRE stock opened at $35.09 on Friday. The firm has a 50-day moving average of $29.74 and a 200-day moving average of $33.61. The company has a market cap of $1.50 billion, a P/E ratio of 41.28 and a beta of 1.32. The company has a debt-to-equity ratio of 1.04, a current ratio of 2.26 and a quick ratio of 1.33. Cadre Holdings, Inc. has a one year low of $25.73 and a one year high of $48.76.

Cadre (NYSE:CDRE) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.04. Cadre had a net margin of 5.26% and a return on equity of 12.16%. The company had revenue of $207.13 million for the quarter, compared to analyst estimates of $178.29 million. Equities research analysts forecast that Cadre Holdings, Inc. will post 1.47 EPS for the current fiscal year.

Cadre Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, July 31st will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, July 31st. This represents a $0.40 annualized dividend and a dividend yield of 1.1%. Cadre’s dividend payout ratio (DPR) is currently 44.94%.

Cadre Profile

Cadre (NYSE:CDRE) is a technology‐driven real estate investment platform that offers accredited and institutional investors direct access to institutional‐grade commercial properties. Established in 2014, Cadre leverages a data-centric approach to identify, underwrite and manage investments in multifamily, office, retail and industrial assets across major U.S. markets. The firm’s platform is designed to streamline the investment process, from deal sourcing and due diligence to ongoing asset management and reporting.

Through its online marketplace, Cadre provides a curated selection of equity and preferred equity offerings, allowing investors to participate in individual properties or diversify across a managed portfolio.