CadelerCDLR
Market Cap: 2.26B
About: Cadeler AS is an offshore wind farm vessel contractor. It is engaged in offshore wind farm construction, maintenance, and decommissioning, and provides marine and engineering operations to the wind industry with a focus on safety and the environment. The company operates four offshore jack-up wind farm installation vessels. In addition to wind farm installation, these vessels can perform maintenance, construction, decommissioning, and other tasks within the offshore industry.
Employees: 560
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
11% more funds holding
Funds holding: 37 [Q4 2023] → 41 (+4) [Q1 2024]
1.04% less ownership
Funds ownership: 2.85% [Q4 2023] → 1.81% (-1.04%) [Q1 2024]
29% less capital invested
Capital invested by funds: $163M [Q4 2023] → $115M (-$47.8M) [Q1 2024]
73% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 15
100% less funds holding in top 10
Funds holding in top 10: 2 [Q4 2023] → 0 (-2) [Q1 2024]
Research analyst outlook
1 Wall Street Analyst provided 1 year price forecasts over the past 6 months
1 analyst rating
Stifel Benjamin Nolan | 43%upside $37 | Buy Maintained | 24 Jun 2024 |