MDA Space Ltd. $MDA Shares Newly Purchased by Montrusco Bolton Investments Inc.

Posted by Geri Gentry on Oct 13th, 2026

Montrusco Bolton Investments Inc. purchased a new stake in MDA Space Ltd. (NYSE:MDA – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 405,947 shares of the company’s stock, valued at approximately $12,052,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Tacita Capital Inc grew its position in shares of MDA Space by 16,480.0% in the second quarter. Tacita Capital Inc now owns 2,487 shares of the company’s stock valued at $103,000 after purchasing an additional 2,472 shares during the last quarter. Nykredit A S acquired a new stake in MDA Space during the 2nd quarter valued at $124,000. Capstone Investment Advisors LLC acquired a new stake in MDA Space during the 2nd quarter valued at $276,000. Envestnet Asset Management Inc. purchased a new position in MDA Space during the second quarter worth $317,000. Finally, Citizens Financial Group Inc. RI purchased a new position in MDA Space during the second quarter worth $388,000.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $60.00 price objective on shares of MDA Space in a research note on Monday, August 17th. National Bank Financial began coverage on shares of MDA Space in a research note on Monday, September 14th. They issued an “outperform” rating for the company. JPMorgan Chase & Co. upped their target price on shares of MDA Space from $43.00 to $50.00 and gave the company an “overweight” rating in a report on Wednesday, August 19th. Scotiabank reaffirmed an “outperform” rating on shares of MDA Space in a research note on Monday, June 22nd. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of MDA Space in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $50.00.

Read Our Latest Research Report on MDA Space

MDA Space Price Performance

MDA stock traded up $1.18 during midday trading on Tuesday, hitting $28.63. The stock had a trading volume of 14,896,722 shares, compared to its average volume of 1,333,491. The business has a 50-day moving average price of $30.77. The company has a current ratio of 0.75, a quick ratio of 0.72 and a debt-to-equity ratio of 0.19. The company has a market cap of $4.64 billion and a price-to-earnings ratio of 53.02. MDA Space Ltd. has a 12-month low of $23.23 and a 12-month high of $49.37.

MDA Space (NYSE:MDA – Get Free Report) last issued its quarterly earnings results on Friday, August 7th. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.02. MDA Space had a return on equity of 9.42% and a net margin of 5.68%. The company had revenue of $360.18 million for the quarter, compared to analyst estimates of $321.87 million. As a group, sell-side analysts anticipate that MDA Space Ltd. will post 0.96 EPS for the current year.

MDA Space Profile

(Free Report)

MDA Space is a Canadian space technology company that develops and delivers systems, products and services for government and commercial customers. Its capabilities span satellite communications, Earth observation, space robotics, geointelligence and space exploration.

The company designs and builds satellite systems and payloads, robotics and servicing technologies, and data and analytics solutions. Its historical work includes major contributions to the Canadarm, Canadarm2 and Dextre robotic systems used in space, as well as technologies supporting Earth-observation programs such as RADARSAT.

Headquartered in Brampton, Ontario, MDA Space serves customers in Canada and international markets.