Public Employees Retirement System of Ohio Acquires Shares of 128,107 Aspen Aerogels, Inc. $ASPN

Posted by George Bondi on Sep 10th, 2026

Public Employees Retirement System of Ohio acquired a new stake in shares of Aspen Aerogels, Inc. (NYSE:ASPN – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The firm acquired 128,107 shares of the construction company’s stock, valued at approximately $812,000.

Several other hedge funds have also recently modified their holdings of the stock. Royal Bank of Canada boosted its position in shares of Aspen Aerogels by 84.7% during the first quarter. Royal Bank of Canada now owns 56,419 shares of the construction company’s stock worth $360,000 after acquiring an additional 25,880 shares during the last quarter. AQR Capital Management LLC purchased a new position in Aspen Aerogels during the first quarter valued at $960,000. Integrated Wealth Concepts LLC bought a new stake in Aspen Aerogels in the 1st quarter valued at $84,000. Goldman Sachs Group Inc. increased its holdings in Aspen Aerogels by 89.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,274,356 shares of the construction company’s stock valued at $8,143,000 after acquiring an additional 602,586 shares during the last quarter. Finally, Caxton Associates LLP bought a new stake in Aspen Aerogels in the 1st quarter valued at $307,000. Hedge funds and other institutional investors own 97.64% of the company’s stock.

Aspen Aerogels Price Performance

NYSE:ASPN opened at $4.86 on Thursday. The firm has a market capitalization of $402.92 million, a price-to-earnings ratio of -3.17 and a beta of 2.97. Aspen Aerogels, Inc. has a 1 year low of $2.30 and a 1 year high of $9.35. The business has a 50 day simple moving average of $5.23 and a 200-day simple moving average of $4.73. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.52 and a quick ratio of 2.24.

Aspen Aerogels (NYSE:ASPN – Get Free Report) last announced its earnings results on Thursday, August 6th. The construction company reported ($0.22) EPS for the quarter, topping analysts’ consensus estimates of ($0.23) by $0.01. The firm had revenue of $49.85 million during the quarter, compared to analysts’ expectations of $42.42 million. Aspen Aerogels had a negative return on equity of 31.12% and a negative net margin of 62.45%.Aspen Aerogels has set its Q3 2026 guidance at -0.110–0.070 EPS. Equities analysts forecast that Aspen Aerogels, Inc. will post -0.69 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Roth Capital reissued a “buy” rating and set a $7.75 price objective on shares of Aspen Aerogels in a report on Friday, August 7th. Barclays lifted their target price on Aspen Aerogels from $4.00 to $5.00 and gave the stock an “underweight” rating in a report on Tuesday, August 11th. B. Riley Financial reiterated a “buy” rating on shares of Aspen Aerogels in a research report on Friday, August 7th. Wall Street Zen lowered Aspen Aerogels from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Aspen Aerogels in a research note on Wednesday, June 24th. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Aspen Aerogels presently has a consensus rating of “Hold” and a consensus target price of $5.94.

View Our Latest Stock Report on ASPN

About Aspen Aerogels

(Free Report)

Aspen Aerogels, Inc, headquartered in Northborough, Massachusetts, develops and manufactures high-performance aerogel insulation materials and custom engineered solutions. Founded in 2001 as a spin-out from Department of Energy research, the company pursued an initial public offering on the NYSE in 2014 under the ticker ASPN. Aspen Aerogels combines proprietary aerogel formulations with advanced manufacturing processes to deliver products known for their low thermal conductivity, lightweight construction and robust mechanical properties.

The company’s product portfolio spans blanket insulation, boards, and custom shapes built around several proprietary brands, including Pyrogel, Cryogel and Spaceloft.