Fifth Third Bancorp boosted its position in AeroVironment, Inc. (NASDAQ:AVAV – Free Report) by 741.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,585 shares of the aerospace company’s stock after buying an additional 8,446 shares during the period. Fifth Third Bancorp’s holdings in AeroVironment were worth $1,754,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in the company. Hilton Head Capital Partners LLC acquired a new stake in AeroVironment in the fourth quarter valued at approximately $26,000. Tema Etfs LLC acquired a new position in shares of AeroVironment during the fourth quarter worth approximately $26,000. National Bank of Canada FI lifted its holdings in shares of AeroVironment by 230.3% in the 3rd quarter. National Bank of Canada FI now owns 109 shares of the aerospace company’s stock worth $34,000 after purchasing an additional 76 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its holdings in shares of AeroVironment by 90.0% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 133 shares of the aerospace company’s stock worth $32,000 after purchasing an additional 63 shares in the last quarter. Finally, TD Waterhouse Canada Inc. grew its position in AeroVironment by 73.8% in the 4th quarter. TD Waterhouse Canada Inc. now owns 139 shares of the aerospace company’s stock valued at $34,000 after purchasing an additional 59 shares during the period. 86.38% of the stock is owned by institutional investors and hedge funds.
Key AeroVironment News
Here are the key news stories impacting AeroVironment this week:
- Positive Sentiment: AeroVironment won a new U.S. Army contract worth about $117.3 million for P550 drones, reinforcing demand for its defense systems and supporting investor sentiment. AeroVironment Just Scored a New Army Contract. What It Means for AVAV Stock.
- Positive Sentiment: Broader commentary on drone stocks highlighted AeroVironment as one of the names with more “staying power” versus more speculative peers, which may be helping it outperform a weak market. Red Cat Just Dropped 26% in a Month: Are Drone Stocks Like RCAT, Ondas, Redwire, and AeroVironment Out of Fuel?
- Neutral Sentiment: Brokerage coverage remained constructive, with AeroVironment carrying an average “Moderate Buy” rating, suggesting analysts still see upside despite recent volatility. AeroVironment, Inc. (NASDAQ:AVAV) Given Average Rating of “Moderate Buy” by Brokerages
- Negative Sentiment: Multiple law firms issued reminders and deadline notices tied to an existing securities class action, keeping legal risk front and center for investors. AeroVironment, Inc. (AVAV) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
- Negative Sentiment: The lawsuit allegations center on claims of misleading disclosures about the SCAR program and related business developments, which could pressure sentiment until the litigation is resolved. Levi & Korsinsky Reminds AeroVironment, Inc. Investors of the Pending Class Action Lawsuit With a Lead Plaintiff Deadline of July 27, 2026 – AVAV
Insider Activity at AeroVironment
Analyst Ratings Changes
Several research analysts have weighed in on AVAV shares. BTIG Research restated a “buy” rating and set a $205.00 price objective on shares of AeroVironment in a report on Thursday, July 9th. UBS Group reissued a “buy” rating on shares of AeroVironment in a research note on Thursday, July 9th. Citizens Jmp cut their target price on AeroVironment from $350.00 to $230.00 and set a “market outperform” rating on the stock in a research report on Friday, July 10th. Needham & Company LLC restated a “buy” rating and set a $225.00 price objective on shares of AeroVironment in a research note on Thursday, July 9th. Finally, Canaccord Genuity Group reduced their price objective on shares of AeroVironment from $280.00 to $240.00 and set a “buy” rating for the company in a research report on Friday, July 10th. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $266.68.
Get Our Latest Stock Report on AVAV
AeroVironment Stock Up 1.0%
Shares of NASDAQ AVAV opened at $150.35 on Thursday. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.30 and a quick ratio of 3.59. The stock has a market capitalization of $7.61 billion, a PE ratio of -40.86, a P/E/G ratio of 5.06 and a beta of 1.39. AeroVironment, Inc. has a one year low of $135.20 and a one year high of $417.86. The business’s fifty day moving average price is $167.08 and its 200-day moving average price is $214.58.
AeroVironment (NASDAQ:AVAV – Get Free Report) last announced its quarterly earnings data on Monday, June 29th. The aerospace company reported $1.84 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.37. The company had revenue of $641.62 million during the quarter, compared to analyst estimates of $555.97 million. AeroVironment had a positive return on equity of 3.71% and a negative net margin of 9.00%.The firm’s revenue for the quarter was up 133.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.61 EPS. AeroVironment has set its FY 2027 guidance at 3.020-3.340 EPS. On average, equities research analysts anticipate that AeroVironment, Inc. will post 3.26 EPS for the current year.
AeroVironment Profile
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.
Read More
- Five stocks we like better than AeroVironment
- Could Truth API Become Trump Media’s First Meaningful Revenue Driver?
- Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying
- Moog Is More Than a Missile Maker, and Wall Street Is Noticing
- A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
Want to see what other hedge funds are holding AVAV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AeroVironment, Inc. (NASDAQ:AVAV – Free Report).
Receive News & Ratings for AeroVironment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AeroVironment and related companies with MarketBeat.com's FREE daily email newsletter.
