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Cadre Holdings’ (CDRE) Sixth Acquisition Boosts Analyst Confidence
Yahoo Finance· 2025-12-02 01:24
Core Insights - Cadre Holdings, Inc. (NYSE:CDRE) is recognized as one of the 14 best up-and-coming dividend stocks to buy [1] - The company reported strong third-quarter results for 2025, with revenue of $155.8 million, a 42% increase year-over-year, and a net income of $10.9 million, or $0.27 per diluted share [2] - Roth MKM reaffirmed a Buy rating for Cadre Holdings with a price target of $49 [2] Acquisition Details - Cadre Holdings announced the acquisition of TYR Tactical for $175 million in cash and stock, marking its sixth and largest acquisition since its IPO [3] - The acquisition is aimed at expanding Cadre's diversified portfolio in the durable safety business [3] - CEO Warren Kanders emphasized TYR Tactical's advanced engineering capabilities and its established relationships with military clients in Northern Europe [4] Company Overview - Cadre Holdings specializes in designing, manufacturing, and distributing safety and survivability equipment for first responders, law enforcement, and military personnel, including body armor and bomb suits [5]