Robeco Institutional Asset Management B.V. Boosts Holdings in Costamare Inc. (NYSE:CMRE)

Posted by Editorial Team on Jul 1st, 2025

Robeco Institutional Asset Management B.V. increased its position in Costamare Inc. (NYSE:CMRE – Free Report) by 10.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 607,944 shares of the shipping company’s stock after purchasing an additional 57,643 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.51% of Costamare worth $5,982,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in CMRE. Aquatic Capital Management LLC acquired a new stake in Costamare during the 4th quarter valued at approximately $45,000. New Age Alpha Advisors LLC purchased a new position in shares of Costamare during the 4th quarter valued at approximately $50,000. Legal & General Group Plc grew its position in shares of Costamare by 27.1% during the fourth quarter. Legal & General Group Plc now owns 8,909 shares of the shipping company’s stock worth $114,000 after buying an additional 1,900 shares in the last quarter. Victory Capital Management Inc. acquired a new stake in shares of Costamare during the fourth quarter worth approximately $130,000. Finally, Man Group plc bought a new stake in shares of Costamare in the fourth quarter worth $133,000. 58.08% of the stock is currently owned by hedge funds and other institutional investors.

Costamare Stock Down 1.2%

Shares of Costamare stock opened at $9.13 on Tuesday. The business has a 50-day moving average price of $8.85 and a 200 day moving average price of $10.20. Costamare Inc. has a fifty-two week low of $6.63 and a fifty-two week high of $17.12. The firm has a market cap of $1.10 billion, a P/E ratio of 3.74 and a beta of 1.21. The company has a quick ratio of 1.47, a current ratio of 1.55 and a debt-to-equity ratio of 0.63.

Costamare (NYSE:CMRE – Get Free Report) last issued its earnings results on Thursday, May 8th. The shipping company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.52 by $0.09. The company had revenue of $440.54 million during the quarter, compared to analyst estimates of $330.14 million. Costamare had a return on equity of 13.44% and a net margin of 15.27%. On average, sell-side analysts forecast that Costamare Inc. will post 2.52 earnings per share for the current fiscal year.

Costamare Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 6th. Shareholders of record on Thursday, April 17th were issued a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 5.04%. The ex-dividend date of this dividend was Thursday, April 17th. Costamare’s dividend payout ratio is presently 18.85%.