Redwood Investment Management LLC Purchases New Stake in Charles River Associates $CRAI

Redwood Investment Management LLC acquired a new position in Charles River Associates (NASDAQ:CRAI) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 5,132 shares of the business services provider’s stock, valued at approximately $1,164,000. Redwood Investment Management LLC owned 0.08% of Charles River Associates as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of Charles River Associates during the 2nd quarter worth approximately $91,500,000. Bank of New York Mellon Corp acquired a new position in Charles River Associates in the second quarter valued at approximately $69,054,000. Jupiter Topco LLC bought a new position in Charles River Associates in the second quarter valued at approximately $19,965,000. SG Americas Securities LLC boosted its stake in Charles River Associates by 86.6% in the first quarter. SG Americas Securities LLC now owns 105,339 shares of the business services provider’s stock valued at $17,052,000 after acquiring an additional 48,892 shares during the last quarter. Finally, Rice Hall James & Associates LLC acquired a new stake in Charles River Associates during the 2nd quarter worth $11,066,000. 84.13% of the stock is currently owned by institutional investors and hedge funds.

Charles River Associates Stock Performance

Shares of NASDAQ:CRAI opened at $170.69 on Thursday. The company has a 50 day moving average price of $164.04 and a two-hundred day moving average price of $159.36. The company has a market capitalization of $1.07 billion, a PE ratio of 22.73, a PEG ratio of 1.28 and a beta of 0.66. Charles River Associates has a 52 week low of $132.17 and a 52 week high of $227.29.

Charles River Associates (NASDAQ:CRAI) last announced its quarterly earnings results on Thursday, August 6th. The business services provider reported $2.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.01. The company had revenue of $210.81 million during the quarter, compared to analyst estimates of $198.91 million. Charles River Associates had a net margin of 6.20% and a return on equity of 27.31%. On average, sell-side analysts forecast that Charles River Associates will post 8.42 earnings per share for the current year.

Charles River Associates Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Tuesday, August 25th will be issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Tuesday, August 25th. Charles River Associates’s payout ratio is 30.36%.

Trending Headlines about Charles River Associates

Here are the key news stories impacting Charles River Associates this week:

• Positive Sentiment: Zacks raised its FY2026 EPS forecast to $8.32 from $8.28 and its FY2027 forecast to $9.01 from $8.99, indicating slightly improved full-year expectations.
• Positive Sentiment: Longer-range quarterly estimates were also increased, including Q3 2027 EPS to $2.26 from $2.00 and Q2 2028 EPS to $2.52 from $2.50. Q2 2027 was raised modestly to $2.33 from $2.32.
• Neutral Sentiment: The revisions were mixed overall. Zacks maintained a current full-year consensus estimate of $8.42 per share, above its own FY2026 forecast of $8.32, leaving some uncertainty about near-term execution and consensus expectations.
• Neutral Sentiment: Reported short interest was listed at zero shares as of August 25, unchanged from August 10, with a zero-day days-to-cover ratio. This data provides no meaningful indication of short-selling pressure.
• Negative Sentiment: Near-term estimates were reduced: Q3 2026 EPS fell to $2.02 from $2.06, while Q4 2026 declined to $2.15 from $2.21.
• Negative Sentiment: Forecasts for Q1 2027, Q4 2027 and Q1 2028 were also cut to $2.25, $2.16 and $2.28, respectively. These reductions may weigh on sentiment because they suggest softer earnings momentum over the next several reporting periods.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Charles River Associates in a research report on Friday, August 7th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Charles River Associates has an average rating of “Moderate Buy” and a consensus target price of $245.00.

Charles River Associates Profile

Charles River Associates (NASDAQ: CRAI) is a global consulting firm specializing in economic, financial and management advisory services. Founded in 1965 and headquartered in Boston, Massachusetts, the company provides expert analysis to support litigation, regulatory proceedings, and strategic decision-making. Its multidisciplinary teams draw on academic rigor and industry experience to deliver quantitative and qualitative insights tailored to clients’ needs.

The firm’s service offerings include competition economics, antitrust and merger analysis, intellectual property valuation and damages assessment, and risk management.