Zacks Research Upgrades Castellum (NYSEAMERICAN:CTM) to “Hold”

Castellum (NYSEAMERICAN:CTM) was upgraded by investment analysts at Zacks Research to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Castellum Price Performance

Castellum stock opened at $0.63 on Tuesday. Castellum has a 12 month low of $0.48 and a 12 month high of $1.36. The company has a fifty day moving average price of $0.70 and a two-hundred day moving average price of $0.75. The company has a market cap of $59.74 million, a PE ratio of -31.51 and a beta of -6.57.

Castellum (NYSEAMERICAN:CTM) last issued its earnings results on Thursday, August 6th. The company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.02). Castellum had a negative return on equity of 6.31% and a negative net margin of 4.13%.The business had revenue of $13.86 million for the quarter, compared to analyst estimates of $16.00 million.

Hedge Funds Weigh In On Castellum

A number of large investors have recently bought and sold shares of CTM. Cubist Systematic Strategies LLC acquired a new position in Castellum in the first quarter valued at approximately $72,000. Geode Capital Management LLC raised its position in shares of Castellum by 43.2% during the 2nd quarter. Geode Capital Management LLC now owns 599,198 shares of the company’s stock worth $629,000 after purchasing an additional 180,673 shares during the period. XTX Topco Ltd raised its position in shares of Castellum by 107.6% during the 2nd quarter. XTX Topco Ltd now owns 135,796 shares of the company’s stock worth $143,000 after purchasing an additional 70,377 shares during the period. Jane Street Group LLC bought a new stake in shares of Castellum in the 2nd quarter worth approximately $204,000. Finally, Vanguard Group Inc. lifted its holdings in shares of Castellum by 21.5% in the 3rd quarter. Vanguard Group Inc. now owns 1,277,915 shares of the company’s stock worth $1,393,000 after purchasing an additional 225,937 shares during the last quarter. Institutional investors own 3.39% of the company’s stock.

Key Castellum News

Here are the key news stories impacting Castellum this week:

• Positive Sentiment: Zacks Research upgraded Castellum to a “Hold” rating. While this is not a bullish recommendation, the move may provide modest support by signaling a less-negative view of the stock. Ticker Report article
• Neutral Sentiment: Maxim Group’s latest estimates generally call for $0.00 EPS across Castellum’s 2026 and 2027 quarterly periods, with fiscal 2027 EPS projected at only $0.01. The forecasts suggest expectations for limited near-term profitability rather than a major earnings catalyst.
• Negative Sentiment: Castellum’s latest reported quarter came in below expectations, with a loss of $0.01 per share versus the projected $0.01 profit and revenue of $13.86 million versus the $16.00 million consensus. The company remains unprofitable, which could limit further upside despite the rating upgrade.

Castellum Company Profile

Castellum AB is a Sweden‐based real estate company specializing in the ownership, management and development of commercial properties. The company’s primary focus is on office premises and logistics facilities situated in attractive growth regions across Sweden and the broader Öresund area. With a strategic emphasis on long‐term leases and strong tenant relationships, Castellum aims to deliver stable rental income and capital appreciation over time.

Founded in 1940 and headquartered in Gothenburg, Castellum has grown through a combination of land acquisitions, property development and selective portfolio divestments.