Brandes Investment Partners Updates Embraer S.A. Stake in 13G Filing
Ticker: EMBJ · Form: SC 13G · Filed: Jan 10, 2024 · CIK: 1355444
| Field | Detail |
|---|---|
| Company | Embraer S.A. (EMBJ) |
| Form Type | SC 13G |
| Filed Date | Jan 10, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, equity-stake
TL;DR
**Brandes Investment Partners just updated their Embraer S.A. stake via a 13G filing.**
AI Summary
Brandes Investment Partners, L.P. and its affiliated entities, including Brandes Worldwide Holdings, L.P. and CO-GP, LLC, filed an Amendment No. 10 to their Schedule 13G on January 10, 2024, indicating their ownership in Embraer S.A. as of December 31, 2023. This filing is a routine update from a significant institutional investor, showing their continued, though potentially adjusted, stake in the aircraft manufacturer. For investors, this matters because Brandes is a well-known value investor, and their sustained or altered position can signal their long-term view on Embraer's prospects.
Why It Matters
This filing shows Brandes Investment Partners' updated ownership in Embraer S.A., providing transparency on a major institutional investor's position in the company.
Risk Assessment
Risk Level: low — This is a routine amendment filing by an institutional investor, not indicating any immediate high-risk event.
Analyst Insight
An investor should note that a significant institutional investor like Brandes Investment Partners continues to hold a stake in Embraer S.A. This suggests a long-term conviction, but without specific share count changes in this excerpt, it's hard to gauge if their sentiment has shifted. Further investigation into the full 13G filing would be needed to see the exact percentage of ownership and any changes from previous filings.
Key Players & Entities
- Brandes Investment Partners, L.P. (company) — filing entity and institutional investor
- Embraer S.A. (company) — subject company, an aircraft manufacturer
- Brandes Worldwide Holdings, L.P. (company) — group member of the filing entity
- CO-GP, LLC (company) — group member of the filing entity
- Glenn Carlson (person) — listed as a group member
FAQ
What type of filing is this document?
This document is an SC 13G filing, specifically Amendment No. 10, under the Securities Exchange Act of 1934.
Who is the subject company of this filing?
The subject company is Embraer S.A., an aircraft manufacturer with CIK 0001355444.
Who is the filing entity (reporting person) for this SC 13G?
The primary filing entity is Brandes Investment Partners, L.P., along with group members Brandes Worldwide Holdings, L.P., CO-GP, LLC, and Glenn Carlson.
What is the 'Date of Event Which Requires Filing of this Statement'?
The date of the event which requires filing of this statement is December 31, 2023.
What class of securities is covered by this filing?
The filing covers American Depository Receipts and Common Shares of Embraer S.A., identified by CUSIP Number 29082A107.
Filing Details
This Form SC 13G (Form SC 13G) was filed with the SEC on January 10, 2024 by Glenn Carlson regarding EMBRAER S.A. (EMBJ).