Charles Schwab Investment Management Inc. Boosts Stake in AeroVironment, Inc. $AVAV

Charles Schwab Investment Management Inc. grew its stake in AeroVironment, Inc. (NASDAQ:AVAV) by 0.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 265,102 shares of the aerospace company’s stock after buying an additional 1,029 shares during the period. Charles Schwab Investment Management Inc. owned 0.94% of AeroVironment worth $31,598,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. CoreCap Advisors LLC raised its holdings in shares of AeroVironment by 120.2% during the fourth quarter. CoreCap Advisors LLC now owns 185 shares of the aerospace company’s stock worth $28,000 after purchasing an additional 101 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in shares of AeroVironment by 171.1% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 244 shares of the aerospace company’s stock worth $29,000 after purchasing an additional 154 shares during the last quarter. Accredited Wealth Management LLC purchased a new position in shares of AeroVironment during the fourth quarter worth $31,000. Spirit of America Management Corp NY purchased a new position in shares of AeroVironment during the first quarter worth $36,000. Finally, Signaturefd LLC raised its holdings in shares of AeroVironment by 56.1% during the first quarter. Signaturefd LLC now owns 398 shares of the aerospace company’s stock worth $47,000 after purchasing an additional 143 shares during the last quarter. Hedge funds and other institutional investors own 86.38% of the company’s stock.

Insider Activity

In other news, CEO Wahid Nawabi sold 17,300 shares of AeroVironment stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $263.05, for a total value of $4,550,765.00. Following the sale, the chief executive officer owned 122,233 shares in the company, valued at $32,153,390.65. This trade represents a 12.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.81% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

AVAV has been the subject of several recent research reports. Cantor Fitzgerald initiated coverage on shares of AeroVironment in a report on Tuesday, July 8th. They set an “overweight” rating and a $335.00 target price for the company. William Blair initiated coverage on shares of AeroVironment in a report on Sunday, June 29th. They set an “outperform” rating for the company. Oppenheimer reissued an “outperform” rating on shares of AeroVironment in a report on Sunday, June 29th. Citizens Jmp initiated coverage on shares of AeroVironment in a report on Monday, August 4th. They set a “strong-buy” rating and a $325.00 target price for the company. Finally, Wall Street Zen raised shares of AeroVironment from a “sell” rating to a “hold” rating in a report on Sunday, June 22nd. Three research analysts have rated the stock with a Strong Buy rating and sixteen have issued a Buy rating to the stock. According to data from MarketBeat.com, AeroVironment has an average rating of “Buy” and a consensus price target of $286.46.

AeroVironment Stock Down 4.8%

AVAV stock opened at $235.18 on Wednesday. The firm has a market cap of $11.74 billion, a PE ratio of 151.73 and a beta of 0.99. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.69 and a current ratio of 3.52. The firm’s fifty day moving average is $244.98 and its 200 day moving average is $184.11. AeroVironment, Inc. has a one year low of $102.25 and a one year high of $295.90.

AeroVironment (NASDAQ:AVAV) last released its quarterly earnings results on Tuesday, June 24th. The aerospace company reported $1.61 EPS for the quarter, beating the consensus estimate of $1.41 by $0.20. AeroVironment had a net margin of 5.32% and a return on equity of 10.68%. The company had revenue of $275.05 million for the quarter, compared to analyst estimates of $242.69 million. During the same quarter last year, the business earned $0.43 earnings per share. The firm’s revenue was up 39.6% on a year-over-year basis. AeroVironment has set its FY 2026 guidance at 2.800-3.000 EPS. On average, research analysts forecast that AeroVironment, Inc. will post 3.38 EPS for the current year.

AeroVironment Company Profile

AeroVironment, Inc designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses in the United States and internationally. It operates through Small Unmanned Aircraft Systems (SUAS), Tactical Missile System (TMS), Medium Unmanned Aircraft Systems (MUAS), and High Altitude Pseudo-Satellite Systems (HAPS) segments.