AeroVironment, Inc. $AVAV Shares Acquired by Jones Financial Companies Lllp

Jones Financial Companies Lllp increased its stake in shares of AeroVironment, Inc. (NASDAQ:AVAV) by 86.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,374 shares of the aerospace company’s stock after buying an additional 3,421 shares during the quarter. Jones Financial Companies Lllp’s holdings in AeroVironment were worth $2,221,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. N.E.W. Advisory Services LLC lifted its stake in shares of AeroVironment by 60.0% in the 3rd quarter. N.E.W. Advisory Services LLC now owns 80 shares of the aerospace company’s stock worth $25,000 after acquiring an additional 30 shares during the period. AlphaQuest LLC purchased a new position in AeroVironment during the third quarter worth about $25,000. TD Waterhouse Canada Inc. lifted its position in AeroVironment by 100.0% in the third quarter. TD Waterhouse Canada Inc. now owns 80 shares of the aerospace company’s stock valued at $28,000 after purchasing an additional 40 shares during the period. Steigerwald Gordon & Koch Inc. purchased a new stake in AeroVironment in the 3rd quarter valued at approximately $31,000. Finally, Vermillion Wealth Management Inc. acquired a new position in AeroVironment during the 3rd quarter worth approximately $31,000. 86.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on AVAV. Canaccord Genuity Group set a $400.00 price target on AeroVironment in a research note on Wednesday, December 10th. Piper Sandler reissued an “overweight” rating on shares of AeroVironment in a report on Wednesday, December 10th. Needham & Company LLC restated a “buy” rating and set a $450.00 target price on shares of AeroVironment in a research report on Friday, January 30th. BNP Paribas Exane began coverage on shares of AeroVironment in a report on Tuesday, November 18th. They issued an “outperform” rating and a $355.00 price target for the company. Finally, The Goldman Sachs Group reduced their price objective on shares of AeroVironment from $486.00 to $429.00 and set a “buy” rating for the company in a research note on Friday, December 12th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $378.06.

Insider Activity

In other news, CFO Kevin Patrick Mcdonnell sold 999 shares of the firm’s stock in a transaction on Monday, January 12th. The stock was sold at an average price of $367.60, for a total transaction of $367,232.40. Following the sale, the chief financial officer owned 17,301 shares in the company, valued at $6,359,847.60. This trade represents a 5.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Brian Charles Shackley sold 200 shares of the company’s stock in a transaction on Tuesday, December 30th. The shares were sold at an average price of $250.92, for a total value of $50,184.00. Following the completion of the transaction, the chief accounting officer owned 5,994 shares of the company’s stock, valued at $1,504,014.48. The trade was a 3.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 2,710 shares of company stock valued at $922,464 over the last 90 days. Insiders own 0.81% of the company’s stock.

AeroVironment Trading Up 8.6%

Shares of AVAV opened at $257.20 on Monday. The company has a debt-to-equity ratio of 0.16, a current ratio of 5.08 and a quick ratio of 4.29. AeroVironment, Inc. has a 1-year low of $102.25 and a 1-year high of $417.86. The stock has a market cap of $12.84 billion, a price-to-earnings ratio of -205.76, a price-to-earnings-growth ratio of 3.80 and a beta of 1.23. The firm has a 50 day simple moving average of $286.98 and a 200-day simple moving average of $294.59.

AeroVironment (NASDAQ:AVAV) last announced its earnings results on Tuesday, December 9th. The aerospace company reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.43). AeroVironment had a negative net margin of 5.08% and a positive return on equity of 3.42%. The company had revenue of $472.51 million for the quarter, compared to analyst estimates of $466.16 million. During the same quarter last year, the company posted $0.47 EPS. AeroVironment’s quarterly revenue was up 150.7% compared to the same quarter last year. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. Equities analysts forecast that AeroVironment, Inc. will post 3.38 EPS for the current fiscal year.

About AeroVironment

AeroVironment, Inc (NASDAQ:AVAV) is a technology company specializing in unmanned aerial systems (UAS), tactical missiles and precision loitering munitions, electric vehicle charging and scalable energy systems. Headquartered in Monrovia, California, the company develops solutions for defense, public safety and commercial markets. Their offerings include small UAS for intelligence, surveillance and reconnaissance, as well as advanced weapons systems designed to meet the needs of modern military operations.

The company’s unmanned aerial systems portfolio features platforms such as the Raven, Puma and Switchblade series, which are deployed by the U.S.