Northwestern Mutual Investment Management Company LLC Purchases New Stake in AeroVironment, Inc. $AVAV

Northwestern Mutual Investment Management Company LLC acquired a new position in AeroVironment, Inc. (NASDAQ:AVAV) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 7,092 shares of the aerospace company’s stock, valued at approximately $2,233,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in shares of AeroVironment by 14.3% in the second quarter. Vanguard Group Inc. now owns 3,478,114 shares of the aerospace company’s stock worth $991,089,000 after purchasing an additional 433,830 shares in the last quarter. Geode Capital Management LLC increased its stake in AeroVironment by 1.0% in the 2nd quarter. Geode Capital Management LLC now owns 678,431 shares of the aerospace company’s stock valued at $193,342,000 after buying an additional 6,475 shares during the period. Invesco Ltd. lifted its position in AeroVironment by 75.6% in the 2nd quarter. Invesco Ltd. now owns 609,019 shares of the aerospace company’s stock worth $173,540,000 after buying an additional 262,239 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in AeroVironment by 16.4% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 531,122 shares of the aerospace company’s stock worth $151,309,000 after buying an additional 74,636 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of AeroVironment by 17.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 504,270 shares of the aerospace company’s stock valued at $143,692,000 after buying an additional 73,963 shares during the period. Hedge funds and other institutional investors own 86.38% of the company’s stock.

Insider Buying and Selling at AeroVironment

In other news, Director Stephen F. Page sold 1,000 shares of AeroVironment stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $377.62, for a total value of $377,620.00. Following the transaction, the director directly owned 51,001 shares in the company, valued at approximately $19,258,997.62. The trade was a 1.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Kevin Patrick Mcdonnell sold 879 shares of the business’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $267.60, for a total value of $235,220.40. Following the transaction, the chief financial officer directly owned 16,422 shares of the company’s stock, valued at $4,394,527.20. This represents a 5.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 3,589 shares of company stock worth $1,157,685 over the last ninety days. Company insiders own 0.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Weiss Ratings lowered AeroVironment from a “hold (c-)” rating to a “sell (d)” rating in a report on Monday, February 9th. BTIG Research reaffirmed a “buy” rating and issued a $415.00 target price on shares of AeroVironment in a research report on Monday, January 26th. Jefferies Financial Group reiterated a “buy” rating and set a $390.00 price target on shares of AeroVironment in a report on Thursday, December 11th. Citigroup reissued a “market outperform” rating on shares of AeroVironment in a research note on Monday, January 12th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of AeroVironment in a research report on Tuesday, January 20th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, AeroVironment has a consensus rating of “Moderate Buy” and an average target price of $378.06.

AeroVironment Stock Up 3.7%

Shares of AeroVironment stock opened at $243.87 on Tuesday. The stock has a market capitalization of $12.18 billion, a P/E ratio of -195.10, a PEG ratio of 3.61 and a beta of 1.23. The company has a quick ratio of 4.29, a current ratio of 5.08 and a debt-to-equity ratio of 0.16. The stock has a 50 day moving average price of $284.20 and a two-hundred day moving average price of $293.78. AeroVironment, Inc. has a 12-month low of $102.25 and a 12-month high of $417.86.

AeroVironment (NASDAQ:AVAV) last released its quarterly earnings results on Tuesday, December 9th. The aerospace company reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.43). The firm had revenue of $472.51 million during the quarter, compared to the consensus estimate of $466.16 million. AeroVironment had a negative net margin of 5.08% and a positive return on equity of 3.42%. The company’s revenue for the quarter was up 150.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.47 EPS. AeroVironment has set its FY 2026 guidance at 3.400-3.550 EPS. Equities analysts expect that AeroVironment, Inc. will post 3.38 earnings per share for the current year.

AeroVironment Profile

AeroVironment, Inc (NASDAQ:AVAV) is a technology company specializing in unmanned aerial systems (UAS), tactical missiles and precision loitering munitions, electric vehicle charging and scalable energy systems. Headquartered in Monrovia, California, the company develops solutions for defense, public safety and commercial markets. Their offerings include small UAS for intelligence, surveillance and reconnaissance, as well as advanced weapons systems designed to meet the needs of modern military operations.

The company’s unmanned aerial systems portfolio features platforms such as the Raven, Puma and Switchblade series, which are deployed by the U.S.