Pictet Asset Management Holding SA boosted its position in shares of Madison Air Solutions Corporation (NYSE:MAIR – Free Report) by 42.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,337,704 shares of the company’s stock after purchasing an additional 1,902,991 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Madison Air Solutions were worth $155,908,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also bought and sold shares of the company. NewEdge Advisors LLC purchased a new stake in shares of Madison Air Solutions in the 2nd quarter worth $94,000. Inspire Investing LLC bought a new position in shares of Madison Air Solutions during the 3rd quarter worth $766,000. Engineers Gate Manager LP purchased a new position in shares of Madison Air Solutions during the second quarter valued at $1,503,000. Bank of New York Mellon Corp purchased a new position in shares of Madison Air Solutions during the second quarter valued at $1,659,000. Finally, Squarepoint Ops LLC purchased a new position in shares of Madison Air Solutions during the second quarter valued at $3,118,000.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on MAIR. Zacks Research lowered shares of Madison Air Solutions from a “hold” rating to a “strong sell” rating in a research note on Friday, October 9th. Citigroup dropped their target price on shares of Madison Air Solutions from $40.00 to $36.00 and set a “buy” rating on the stock in a report on Friday. Royal Bank Of Canada cut their target price on shares of Madison Air Solutions from $35.00 to $29.00 and set an “outperform” rating on the stock in a research report on Friday. Wall Street Zen upgraded shares of Madison Air Solutions to a “hold” rating in a report on Sunday, July 12th. Finally, Weiss Ratings lowered shares of Madison Air Solutions from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, September 28th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $41.20.
Read Our Latest Stock Analysis on Madison Air Solutions
Madison Air Solutions News Summary
Here are the key news stories impacting Madison Air Solutions this week:
- Positive Sentiment: Q3 results beat expectations: Adjusted earnings were $0.38 per share, above the $0.30 consensus, while sales rose 25.4% year over year to $1.13 billion. Net income increased 89.1%, and adjusted net income more than doubled. Madison Air Reports Third Quarter 2026 Results
- Positive Sentiment: Demand and visibility strengthened: Backlog grew 119.3% year over year to $3.19 billion, and orders increased 25.9%, supporting expectations for continued business growth. Madison Air Reports Third Quarter 2026 Results
- Positive Sentiment: Full-year sales outlook is above consensus: Madison Air expects 2026 revenue of $4.05 billion to $4.13 billion, compared with analyst estimates around $4.0 billion. Madison Air 2026 Sales Outlook
- Neutral Sentiment: RBC cut its price target but retained an “outperform” rating: Royal Bank of Canada lowered its target from $35 to $29, while still indicating potential upside from the current price. The reduction tempers the otherwise favorable analyst view. Royal Bank of Canada Ratings
Insiders Place Their Bets
In related news, Director Hudson La Force, III acquired 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 25th. The shares were bought at an average price of $27.84 per share, with a total value of $556,800.00. Following the completion of the transaction, the director directly owned 36,713 shares in the company, valued at $1,022,089.92. This trade represents a 119.67% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Madison Air Solutions Price Performance
Madison Air Solutions stock opened at $23.04 on Monday. The company has a quick ratio of 1.21, a current ratio of 1.82 and a debt-to-equity ratio of 0.84. The firm has a market cap of $11.56 billion and a P/E ratio of 0.00. The business has a fifty day moving average of $24.25 and a two-hundred day moving average of $31.78. Madison Air Solutions Corporation has a twelve month low of $20.85 and a twelve month high of $44.50.
Madison Air Solutions (NYSE:MAIR – Get Free Report) last announced its quarterly earnings results on Thursday, November 5th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.08. The company had revenue of $1.13 billion during the quarter. The company’s quarterly revenue was up 25.4% compared to the same quarter last year. On average, analysts forecast that Madison Air Solutions Corporation will post 1.06 earnings per share for the current fiscal year.
Madison Air Solutions Company Profile
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