First Trust Advisors LP Increases Stake in Rivian Automotive, Inc. $RIVN

First Trust Advisors LP raised its stake in Rivian Automotive, Inc. (NASDAQ:RIVN) by 13.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 3,141,462 shares of the electric vehicle automaker’s stock after purchasing an additional 364,802 shares during the quarter. First Trust Advisors LP’s holdings in Rivian Automotive were worth $46,117,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in RIVN. Orion Porfolio Solutions LLC raised its holdings in Rivian Automotive by 18.7% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 38,962 shares of the electric vehicle automaker’s stock valued at $572,000 after buying an additional 6,147 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Rivian Automotive by 16.7% in the third quarter. Dimensional Fund Advisors LP now owns 7,512,612 shares of the electric vehicle automaker’s stock valued at $110,342,000 after acquiring an additional 1,072,553 shares during the period. Cresset Asset Management LLC boosted its holdings in shares of Rivian Automotive by 79.1% during the third quarter. Cresset Asset Management LLC now owns 45,233 shares of the electric vehicle automaker’s stock worth $664,000 after purchasing an additional 19,975 shares during the period. Victory Capital Management Inc. grew its stake in shares of Rivian Automotive by 1.3% in the third quarter. Victory Capital Management Inc. now owns 193,959 shares of the electric vehicle automaker’s stock worth $2,847,000 after purchasing an additional 2,544 shares during the last quarter. Finally, Strive Asset Management LLC bought a new stake in shares of Rivian Automotive in the third quarter worth about $220,000. Institutional investors own 66.25% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on RIVN shares. Wall Street Zen cut Rivian Automotive from a “hold” rating to a “strong sell” rating in a report on Sunday, February 15th. Robert W. Baird upgraded shares of Rivian Automotive from a “neutral” rating to an “outperform” rating and lifted their price target for the company from $14.00 to $25.00 in a report on Thursday, December 18th. Wedbush restated an “outperform” rating and issued a $25.00 price objective on shares of Rivian Automotive in a report on Friday, February 13th. TD Cowen raised shares of Rivian Automotive from a “hold” rating to a “buy” rating and lifted their target price for the company from $17.00 to $20.00 in a research note on Tuesday. Finally, DA Davidson downgraded shares of Rivian Automotive from a “neutral” rating to an “underperform” rating and decreased their price target for the stock from $15.00 to $14.00 in a research note on Tuesday, February 17th. Ten investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and seven have assigned a Sell rating to the stock. According to MarketBeat.com, Rivian Automotive presently has an average rating of “Hold” and an average target price of $18.00.

Rivian Automotive Stock Up 0.7%

NASDAQ:RIVN opened at $16.65 on Thursday. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.33 and a quick ratio of 1.89. The firm’s 50-day moving average price is $16.29 and its 200-day moving average price is $15.75. The company has a market capitalization of $20.66 billion, a PE ratio of -5.42 and a beta of 1.75. Rivian Automotive, Inc. has a 1-year low of $10.36 and a 1-year high of $22.69.

Rivian Automotive (NASDAQ:RIVN) last posted its quarterly earnings data on Thursday, February 12th. The electric vehicle automaker reported ($0.66) EPS for the quarter, topping the consensus estimate of ($0.68) by $0.02. The business had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.27 billion. Rivian Automotive had a negative net margin of 67.68% and a negative return on equity of 65.05%. Rivian Automotive’s quarterly revenue was down 25.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.70) earnings per share. On average, equities analysts predict that Rivian Automotive, Inc. will post -3.2 EPS for the current fiscal year.

Rivian Automotive News Roundup

Here are the key news stories impacting Rivian Automotive this week:

• Positive Sentiment: TD Cowen upgraded RIVN to Buy and raised its price target to $20, citing the upcoming R2 as a major catalyst and pointing to vehicle cost improvements that support a stronger revenue/profit outlook. Read More.
• Positive Sentiment: Mind Robotics, a Rivian spinout focused on AI and factory robotics, raised $500M in Series A funding at about a $2B valuation—validating Rivian’s non-vehicle tech and creating a potential source of value and IP monetization for shareholders. Read More.
• Positive Sentiment: Multiple analyst notes and media pieces highlight the R2 launch (mass‑market midsize SUV) as a potential game changer that could expand Rivian’s addressable market, boost volumes and improve per‑vehicle economics; that narrative is driving recent upgrades and price‑target increases. Read More.
• Neutral Sentiment: Coverage is mixed across outlets—some analysts remain cautious despite the R2 story, noting execution risk on the ramp and competitive pressure in the affordable‑EV segment. Read More.
• Neutral Sentiment: Rivian is using events (SXSW, R2 reveals) to drum up consumer interest and media coverage ahead of deliveries; useful for demand signaling but still dependent on delivery/execution metrics. Read More.
• Negative Sentiment: Rivian remains unprofitable with revenue that has contracted year‑over‑year and a large negative net margin; the company still carries leverage and faces an overall cooling EV market and pricing competition—risks that could undercut upside if R2 execution slips. (See company quarterly results and financial metrics in recent filings.)

Insider Transactions at Rivian Automotive

In other Rivian Automotive news, Director Peter Krawiec sold 3,655 shares of the business’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $19.45, for a total value of $71,089.75. Following the sale, the director directly owned 29,122 shares of the company’s stock, valued at approximately $566,422.90. The trade was a 11.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Claire Mcdonough sold 27,133 shares of the firm’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $16.80, for a total value of $455,834.40. Following the transaction, the chief financial officer owned 680,836 shares of the company’s stock, valued at $11,438,044.80. The trade was a 3.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 135,488 shares of company stock valued at $2,369,819 in the last ninety days. 2.16% of the stock is currently owned by corporate insiders.

Rivian Automotive Profile

Rivian Automotive, Inc is an American automotive technology company specializing in the design, development and manufacture of electric vehicles. The company is best known for its all-electric R1 platform, which underpins the R1T pickup truck and R1S sport utility vehicle. In addition to consumer products, Rivian has secured a significant commercial contract to produce electric delivery vans for a leading e-commerce provider, underscoring its capability to serve both retail and fleet customers.

Founded in 2009 by engineer and entrepreneur Robert “RJ” Scaringe, Rivian has grown from a research-focused startup into a publicly traded corporation.