Archer Aviation Inc. $ACHR Stock Acquired by Sumitomo Mitsui Trust Group Inc.

Posted by Stanley Muller on Nov 5th, 2026

Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of Archer Aviation Inc. (NYSE:ACHR – Free Report) by 7.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,072,347 shares of the company’s stock after purchasing an additional 549,998 shares during the period. Sumitomo Mitsui Trust Group Inc. owned approximately 1.05% of Archer Aviation worth $40,120,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Renaissance Technologies LLC lifted its holdings in shares of Archer Aviation by 703.3% during the first quarter. Renaissance Technologies LLC now owns 2,514,300 shares of the company’s stock valued at $12,999,000 after purchasing an additional 2,201,300 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in Archer Aviation in the 2nd quarter worth about $10,190,000. Bank of America Corp DE increased its holdings in Archer Aviation by 33.2% in the 1st quarter. Bank of America Corp DE now owns 2,136,942 shares of the company’s stock worth $11,048,000 after buying an additional 532,762 shares in the last quarter. Hsbc Holdings PLC increased its holdings in Archer Aviation by 476.7% in the 1st quarter. Hsbc Holdings PLC now owns 568,861 shares of the company’s stock worth $2,928,000 after buying an additional 470,216 shares in the last quarter. Finally, Odyssean LLC raised its position in Archer Aviation by 707.0% in the 2nd quarter. Odyssean LLC now owns 260,940 shares of the company’s stock worth $1,234,000 after buying an additional 228,606 shares during the last quarter. Institutional investors own 59.34% of the company’s stock.

Archer Aviation Trading Down 0.1%

Shares of Archer Aviation stock opened at $4.12 on Thursday. Archer Aviation Inc. has a 1-year low of $3.68 and a 1-year high of $9.85. The company’s fifty day simple moving average is $4.94 and its 200-day simple moving average is $5.77. The company has a debt-to-equity ratio of 0.06, a current ratio of 10.21 and a quick ratio of 10.21. The stock has a market capitalization of $3.18 billion, a PE ratio of -3.82 and a beta of 3.59.

Archer Aviation (NYSE:ACHR – Get Free Report) last announced its earnings results on Monday, August 10th. The company reported ($0.34) EPS for the quarter, hitting analysts’ consensus estimates of ($0.34). The company had revenue of $5.00 million during the quarter, compared to the consensus estimate of $1.94 million. As a group, equities analysts anticipate that Archer Aviation Inc. will post -1.37 earnings per share for the current year.

Insiders Place Their Bets

In other news, CFO Priya Gupta sold 10,015 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $6.41, for a total value of $64,196.15. Following the transaction, the chief financial officer owned 202,784 shares of the company’s stock, valued at $1,299,845.44. This trade represents a 4.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Harsh Rungta sold 13,880 shares of Archer Aviation stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $6.41, for a total value of $88,970.80. Following the transaction, the chief accounting officer directly owned 110,847 shares in the company, valued at approximately $710,529.27. The trade was a 11.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 176,657 shares of company stock worth $1,122,371 over the last quarter. 5.55% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Archer Aviation in a research note on Thursday, October 15th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $11.00 price target on shares of Archer Aviation in a research note on Tuesday, August 11th. Barclays upgraded shares of Archer Aviation from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $4.50 to $8.00 in a research report on Friday, October 9th. Needham & Company LLC restated a “buy” rating and issued a $9.00 target price on shares of Archer Aviation in a report on Tuesday, August 11th. Finally, HC Wainwright reaffirmed a “buy” rating on shares of Archer Aviation in a research report on Tuesday, August 11th. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $11.00.

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About Archer Aviation

(Free Report)

Archer Aviation Inc is an aerospace company developing electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility. Its aircraft are designed to operate like helicopters for takeoff and landing while using distributed electric propulsion for quieter, lower-emission regional transportation.

The company’s primary aircraft program is Midnight, a piloted, four-passenger eVTOL aircraft intended for short urban and regional trips. Archer has also developed Maker, a technology demonstrator used to test its electric propulsion, flight-control and other aircraft systems.