AeroVironment, Inc. $AVAV Stock Holdings Increased by Radnor Capital Management LLC

Radnor Capital Management LLC boosted its position in AeroVironment, Inc. (NASDAQ:AVAV - Free Report) by 24.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,434 shares of the aerospace company's stock after buying an additional 1,450 shares during the quarter. Radnor Capital Management LLC's holdings in AeroVironment were worth $2,118,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Stephens Investment Management Group LLC grew its holdings in shares of AeroVironment by 41.0% during the first quarter. Stephens Investment Management Group LLC now owns 763,489 shares of the aerospace company's stock valued at $91,000,000 after purchasing an additional 221,948 shares during the last quarter. Penserra Capital Management LLC grew its holdings in shares of AeroVironment by 35.4% during the first quarter. Penserra Capital Management LLC now owns 17,873 shares of the aerospace company's stock valued at $2,130,000 after purchasing an additional 4,669 shares during the last quarter. Stephens Inc. AR grew its holdings in shares of AeroVironment by 94.8% during the first quarter. Stephens Inc. AR now owns 4,415 shares of the aerospace company's stock valued at $526,000 after purchasing an additional 2,148 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of AeroVironment by 17.0% during the fourth quarter. Bank of America Corp DE now owns 45,272 shares of the aerospace company's stock valued at $6,967,000 after purchasing an additional 6,589 shares during the last quarter. Finally, Vontobel Holding Ltd. bought a new position in shares of AeroVironment during the first quarter valued at approximately $1,142,000. 86.38% of the stock is owned by institutional investors.

Analyst Ratings Changes

AVAV has been the subject of several recent research reports. Zacks Research raised AeroVironment from a "strong sell" rating to a "strong-buy" rating in a report on Monday, August 25th. William Blair assumed coverage on AeroVironment in a report on Sunday, June 29th. They set an "outperform" rating for the company. Cantor Fitzgerald assumed coverage on AeroVironment in a research report on Tuesday, July 8th. They set an "overweight" rating and a $335.00 price objective for the company. Jefferies Financial Group boosted their price objective on AeroVironment from $275.00 to $285.00 and gave the stock a "buy" rating in a research report on Wednesday, July 2nd. Finally, Needham & Company LLC reiterated a "buy" rating and set a $300.00 price objective on shares of AeroVironment in a research report on Wednesday, September 10th. Three research analysts have rated the stock with a Strong Buy rating and fifteen have given a Buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $292.33.

Insider Activity

In other AeroVironment news, CEO Wahid Nawabi sold 17,300 shares of the company's stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $263.05, for a total value of $4,550,765.00. Following the transaction, the chief executive officer owned 122,233 shares of the company's stock, valued at approximately $32,153,390.65. This represents a 12.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.81% of the company's stock.

AeroVironment Price Performance

NASDAQ AVAV opened at $265.87 on Wednesday. The stock has a market capitalization of $13.27 billion, a P/E ratio of -415.42 and a beta of 1.02. AeroVironment, Inc. has a 1 year low of $102.25 and a 1 year high of $295.90. The business's fifty day moving average is $252.54 and its two-hundred day moving average is $194.72. The company has a debt-to-equity ratio of 0.16, a quick ratio of 5.12 and a current ratio of 5.96.

AeroVironment (NASDAQ:AVAV - Get Free Report) last posted its quarterly earnings results on Tuesday, September 9th. The aerospace company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.02). The company had revenue of $454.68 million during the quarter, compared to the consensus estimate of $446.16 million. AeroVironment had a negative net margin of 4.14% and a positive return on equity of 4.67%. AeroVironment's quarterly revenue was up 140.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.89 EPS. AeroVironment has set its FY 2026 guidance at 3.600-3.70 EPS. On average, research analysts forecast that AeroVironment, Inc. will post 3.38 earnings per share for the current fiscal year.

About AeroVironment

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.

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