SCHEDULE: Royce & Associates Discloses 5.17% Passive Stake in CPI Aerostructures

Royce & Associates LP has reported a 5.17% beneficial ownership stake in CPI Aerostructures, Inc., holding 671,469 shares of common stock as of June 30, 2025.

Summary

• Royce & Associates LP, an investment adviser, has filed a Schedule 13G indicating beneficial ownership of 671,469 shares of common stock in CPI Aerostructures, Inc.
• This ownership represents 5.17% of the total class of securities.
• The beneficial ownership was established as of June 30, 2025.
• Royce & Associates LP holds sole voting power and sole dispositive power over all 671,469 shares.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the issuer's performance or outlook.

Positives

• A significant institutional investor, Royce & Associates LP, has taken a passive stake, which can be viewed as a vote of confidence in CPI Aerostructures, Inc.
• The investment firm holds sole voting and dispositive power over its shares, indicating direct control over its position.

Negatives

• The filing indicates a passive investment strategy, meaning Royce & Associates LP does not intend to influence or change the control of CPI Aerostructures, Inc.

Risks

• The filing explicitly states that Royce & Associates LP disclaims any pecuniary interest in the reported securities and disclaims being a 'group' with Franklin Resources, Inc. affiliates or Principal Shareholders, which is a legal disclaimer for the reporting entity, not a risk for the issuer. No risks related to CPI Aerostructures' operations or financial health are mentioned.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding CPI Aerostructures, Inc.'s future performance or strategic direction.

Management Comments

• By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

Industry Context

This filing indicates a significant passive investment by a prominent investment adviser in CPI Aerostructures, Inc., a company operating in the aerospace and defense sector. Such institutional investments are common in the industry, reflecting investor interest in companies with established market positions.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake provides transparency regarding the company's ownership structure and may influence investor perception.

Key Dates

Keywords

CPI Aerostructures, Royce & Associates, Beneficial Ownership, Schedule 13G, Common Stock, Investment Adviser, Passive Investment, SEC Filing, Aerospace, Defense