Quantinno Capital Management LP Grows Position in Avista Corporation $AVA

Quantinno Capital Management LP boosted its position in Avista Corporation (NYSE:AVA) by 205.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 73,821 shares of the utilities provider’s stock after acquiring an additional 49,648 shares during the quarter. Quantinno Capital Management LP’s holdings in Avista were worth $2,963,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. grew its holdings in Avista by 105.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,137,236 shares of the utilities provider’s stock worth $43,829,000 after acquiring an additional 582,742 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Avista by 37,219.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 541,136 shares of the utilities provider’s stock valued at $20,855,000 after purchasing an additional 539,686 shares in the last quarter. Qube Research & Technologies Ltd raised its holdings in shares of Avista by 1,723.9% in the 3rd quarter. Qube Research & Technologies Ltd now owns 442,427 shares of the utilities provider’s stock valued at $16,728,000 after purchasing an additional 418,170 shares in the last quarter. State Street Corp lifted its position in shares of Avista by 8.3% during the 2nd quarter. State Street Corp now owns 5,191,896 shares of the utilities provider’s stock worth $197,032,000 after purchasing an additional 398,446 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Avista during the 4th quarter worth $13,533,000. Hedge funds and other institutional investors own 85.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on AVA. Wall Street Zen raised Avista from a “sell” rating to a “hold” rating in a report on Saturday, April 18th. Wells Fargo & Company set a $39.00 price target on Avista in a report on Tuesday, April 21st. Barclays lowered their price objective on Avista from $40.00 to $37.00 and set an “equal weight” rating for the company in a research report on Tuesday. Zacks Research upgraded Avista from a “strong sell” rating to a “hold” rating in a report on Friday, May 22nd. Finally, Mizuho raised their target price on Avista from $41.00 to $42.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $39.25.

Avista Trading Up 1.0%

Shares of Avista stock opened at $38.80 on Friday. The company has a current ratio of 1.10, a quick ratio of 0.60 and a debt-to-equity ratio of 1.08. The company has a fifty day simple moving average of $41.10 and a 200-day simple moving average of $40.96. The stock has a market cap of $3.25 billion, a price-to-earnings ratio of 14.01, a PEG ratio of 3.63 and a beta of 0.25. Avista Corporation has a 12-month low of $35.50 and a 12-month high of $43.50.

Avista (NYSE:AVA) last announced its quarterly earnings results on Monday, August 3rd. The utilities provider reported $0.43 EPS for the quarter, topping the consensus estimate of $0.23 by $0.20. Avista had a net margin of 11.83% and a return on equity of 7.85%. The firm had revenue of $413.00 million for the quarter, compared to analyst estimates of $426.93 million. During the same period last year, the business earned $0.17 EPS. Avista’s revenue for the quarter was up .5% compared to the same quarter last year. Avista has set its FY 2026 guidance at 2.520-2.720 EPS. On average, equities analysts forecast that Avista Corporation will post 2.58 EPS for the current fiscal year.

Avista Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Tuesday, August 18th will be issued a $0.4925 dividend. This represents a $1.97 annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend is Tuesday, August 18th. Avista’s payout ratio is presently 71.12%.

Avista Profile

Avista Corporation operates as an integrated energy company providing electric and natural gas delivery services to residential, commercial and industrial customers in the Pacific Northwest. Through its regulated utility operations, the company maintains and upgrades an extensive transmission and distribution network, delivering reliable energy to approximately 400,000 electric customers and 324,000 natural gas customers across Washington, Oregon and Idaho. In addition to its core utility business, Avista invests in owned generation assets, including hydroelectric, natural gas–fired, coal and wind facilities, to support system reliability and long-term supply planning.

Founded in 1889 as the Spokane and Inland Empire Water Power Company, the business adopted the Avista name in 1999 to reflect its growing energy portfolio and strategic focus on innovation.