Why These 15 Defense Stocks Are Skyrocketing So Far In 2025

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12. Cadre Holdings Inc (NYSE:CDRE)

Number of Hedge Fund Holders In Q4 2024: 12

Cadre Holdings Inc (NYSE:CDRE) makes safety equipment for law enforcement, first responders, and for military uses.

The stock is up significantly so far in 2025 as it announced an agreement to acquire Carr’s Group’s Engineering Division for £75 million in cash, which includes multiple nuclear brands. This division generated £51 million in revenue for fiscal year 2024. The acquisition will expand Cadre’s nuclear safety presence.

Furthermore, Cadre announced a 9% increase in its quarterly dividend to $0.095 per share and raised its annual dividend from $0.35 to $0.38 per share. It also received $590 million in new credit facilities.

The consensus price target of $39.67 implies 13.65% upside.

CDRE stock is up 9.16% year-to-date.

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