Sei Investments Co. grew its position in shares of Avista Corporation (NYSE:AVA – Free Report) by 10.2% during the first quarter, Holdings Channel reports. The institutional investor owned 532,511 shares of the utilities provider’s stock after purchasing an additional 49,120 shares during the quarter. Sei Investments Co.’s holdings in Avista were worth $21,374,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds also recently made changes to their positions in the company. UMB Bank n.a. raised its stake in Avista by 90.7% in the 4th quarter. UMB Bank n.a. now owns 637 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 303 shares during the period. Bayban bought a new position in Avista during the fourth quarter worth about $35,000. Headlands Technologies LLC bought a new position in Avista during the second quarter worth about $37,000. Aquatic Capital Management LLC purchased a new position in shares of Avista in the third quarter worth about $43,000. Finally, CIBC Private Wealth Group LLC increased its stake in shares of Avista by 619.5% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,439 shares of the utilities provider’s stock worth $55,000 after purchasing an additional 1,239 shares in the last quarter. Institutional investors own 85.24% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts have recently issued reports on the stock. Wells Fargo & Company set a $39.00 price target on shares of Avista in a research report on Tuesday, April 21st. Barclays lifted their price objective on shares of Avista from $39.00 to $40.00 and gave the company an “equal weight” rating in a research note on Monday, July 6th. Weiss Ratings raised shares of Avista from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, July 23rd. Wall Street Zen upgraded Avista from a “sell” rating to a “hold” rating in a research report on Saturday, April 18th. Finally, Mizuho raised their price target on Avista from $41.00 to $42.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. One analyst has rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $40.00.
Insider Transactions at Avista
In other Avista news, SVP Wayne O. Manuel sold 1,593 shares of the stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $40.98, for a total value of $65,281.14. Following the sale, the senior vice president directly owned 10,521 shares in the company, valued at $431,150.58. This represents a 13.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.78% of the stock is owned by corporate insiders.
Avista Trading Up 0.9%
Shares of AVA opened at $41.93 on Wednesday. The business’s 50-day moving average price is $41.37 and its 200-day moving average price is $40.95. Avista Corporation has a twelve month low of $35.50 and a twelve month high of $43.50. The stock has a market cap of $3.46 billion, a PE ratio of 16.70, a P/E/G ratio of 3.89 and a beta of 0.25. The company has a quick ratio of 0.60, a current ratio of 0.90 and a debt-to-equity ratio of 1.01.
Avista (NYSE:AVA – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $1.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.04 by $0.06. Avista had a net margin of 10.75% and a return on equity of 7.65%. The firm had revenue of $570.00 million for the quarter, compared to the consensus estimate of $643.55 million. During the same period in the prior year, the firm posted $0.98 earnings per share. The company’s revenue for the quarter was down 8.0% on a year-over-year basis. Avista has set its FY 2026 guidance at 2.520-2.720 EPS. On average, equities analysts forecast that Avista Corporation will post 2.58 EPS for the current fiscal year.
Avista Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Tuesday, May 19th were issued a dividend of $0.4925 per share. This represents a $1.97 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Tuesday, May 19th. Avista’s dividend payout ratio is 78.49%.
Avista Profile
Avista Corporation operates as an integrated energy company providing electric and natural gas delivery services to residential, commercial and industrial customers in the Pacific Northwest. Through its regulated utility operations, the company maintains and upgrades an extensive transmission and distribution network, delivering reliable energy to approximately 400,000 electric customers and 324,000 natural gas customers across Washington, Oregon and Idaho. In addition to its core utility business, Avista invests in owned generation assets, including hydroelectric, natural gas–fired, coal and wind facilities, to support system reliability and long-term supply planning.
Founded in 1889 as the Spokane and Inland Empire Water Power Company, the business adopted the Avista name in 1999 to reflect its growing energy portfolio and strategic focus on innovation.
Featured Articles
- Five stocks we like better than Avista
- These 3 Stocks Have Soared in 2026—Can They Keep Climbing?
- Hasbro’s Earnings Beat Shows Why This Is No Longer Just a Toy Story
- Rambus: Another AI Phoenix Ready to Rise From the Ashes of Correction
- Chips & Clips: Memory Tariffs Rewire Tech Supply Chains
Want to see what other hedge funds are holding AVA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Avista Corporation (NYSE:AVA – Free Report).
Receive News & Ratings for Avista Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avista and related companies with MarketBeat.com's FREE daily email newsletter.
