Engineers Gate Manager LP Boosts Stake in AvalonBay Communities, Inc. $AVB

Posted by Brian Himes on Sep 10th, 2026

Engineers Gate Manager LP increased its stake in AvalonBay Communities, Inc. (NYSE:AVB – Free Report) by 495.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 75,820 shares of the real estate investment trust’s stock after purchasing an additional 63,083 shares during the quarter. Engineers Gate Manager LP’s holdings in AvalonBay Communities were worth $14,306,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of AVB. California State Teachers Retirement System grew its holdings in AvalonBay Communities by 18,233.0% during the second quarter. California State Teachers Retirement System now owns 42,028,433 shares of the real estate investment trust’s stock valued at $7,930,345,000 after purchasing an additional 41,799,183 shares during the period. BlackRock Inc. bought a new position in shares of AvalonBay Communities in the second quarter worth about $3,368,659,000. Auto Owners Insurance Co raised its stake in shares of AvalonBay Communities by 18,031.0% in the fourth quarter. Auto Owners Insurance Co now owns 11,785,150 shares of the real estate investment trust’s stock worth $213,677,000 after buying an additional 11,720,150 shares during the period. State Street Corp raised its stake in shares of AvalonBay Communities by 1.0% in the third quarter. State Street Corp now owns 9,537,966 shares of the real estate investment trust’s stock worth $1,858,788,000 after buying an additional 92,467 shares during the period. Finally, Norges Bank purchased a new position in shares of AvalonBay Communities during the 4th quarter valued at about $1,394,635,000. 92.61% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on AVB. Barclays boosted their price objective on AvalonBay Communities from $205.00 to $206.00 and gave the company an “equal weight” rating in a research note on Monday, August 17th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $190.00 price target on shares of AvalonBay Communities in a report on Wednesday, August 19th. UBS Group dropped their price target on shares of AvalonBay Communities from $191.00 to $189.00 and set a “neutral” rating for the company in a research report on Thursday, May 14th. Weiss Ratings cut shares of AvalonBay Communities from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, August 6th. Finally, Truist Financial increased their price objective on shares of AvalonBay Communities from $201.00 to $202.00 and gave the stock a “buy” rating in a research note on Tuesday, June 16th. Three equities research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $196.87.

Get Our Latest Research Report on AvalonBay Communities

AvalonBay Communities Stock Performance

AVB stock opened at $184.06 on Thursday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.54 and a quick ratio of 0.54. AvalonBay Communities, Inc. has a 1-year low of $160.10 and a 1-year high of $198.63. The business has a 50 day simple moving average of $187.60 and a two-hundred day simple moving average of $181.21. The company has a market capitalization of $26.28 billion, a price-to-earnings ratio of 30.08, a PEG ratio of 2.98 and a beta of 0.76.

AvalonBay Communities (NYSE:AVB – Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.23 by ($0.12). AvalonBay Communities had a net margin of 33.33% and a return on equity of 8.58%. The company had revenue of $777.77 million for the quarter, compared to the consensus estimate of $772.37 million. During the same quarter in the previous year, the business earned $2.82 EPS. Research analysts anticipate that AvalonBay Communities, Inc. will post 11.33 EPS for the current fiscal year.

AvalonBay Communities Profile

(Free Report)

AvalonBay Communities, Inc (NYSE: AVB) is a real estate investment trust that develops, owns, and manages multifamily apartment communities. The company focuses primarily on high-demand markets with barriers to new housing supply, offering apartment homes to residents across a range of price points and community types.

AvalonBay’s portfolio and development activities are concentrated in metropolitan areas along the Northeast, Mid-Atlantic, Pacific Northwest, and Southern and Northern California coasts.