12,312 Shares of Avista Corporation $AVA Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. purchased a new stake in Avista Corporation (NYSE:AVA) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 12,312 shares of the utilities provider’s stock, valued at approximately $432,000.

A number of other institutional investors have also modified their holdings of AVA. BlackRock Inc. bought a new position in shares of Avista during the second quarter valued at approximately $605,448,000. Dimensional Fund Advisors LP raised its position in shares of Avista by 0.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,516,163 shares of the utilities provider’s stock worth $60,860,000 after purchasing an additional 4,958 shares during the period. Bank of New York Mellon Corp bought a new stake in shares of Avista in the 2nd quarter worth approximately $37,919,000. Algert Global LLC lifted its holdings in shares of Avista by 15.8% in the 2nd quarter. Algert Global LLC now owns 739,725 shares of the utilities provider’s stock worth $30,262,000 after purchasing an additional 100,918 shares during the last quarter. Finally, Gamco Investors INC. ET AL lifted its holdings in shares of Avista by 8.4% in the 1st quarter. Gamco Investors INC. ET AL now owns 549,732 shares of the utilities provider’s stock worth $22,066,000 after purchasing an additional 42,428 shares during the last quarter. Institutional investors own 85.24% of the company’s stock.

Analyst Upgrades and Downgrades

AVA has been the subject of a number of analyst reports. Barclays reduced their price objective on Avista from $37.00 to $35.00 and set an “equal weight” rating for the company in a research report on Friday, October 9th. Weiss Ratings lowered Avista from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, October 9th. Seven analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $38.75.

Avista Trading Up 1.8%

Shares of NYSE:AVA opened at $40.90 on Friday. The company has a quick ratio of 0.69, a current ratio of 0.96 and a debt-to-equity ratio of 1.07. The company’s 50-day moving average price is $36.69 and its 200 day moving average price is $39.71. The company has a market cap of $3.43 billion, a PE ratio of 13.72, a P/E/G ratio of 4.24 and a beta of 0.22. Avista Corporation has a fifty-two week low of $34.46 and a fifty-two week high of $43.50.

Avista (NYSE:AVA) last posted its earnings results on Wednesday, November 4th. The utilities provider reported $0.38 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.04). Avista had a return on equity of 7.87% and a net margin of 12.75%. The firm had revenue of $421.00 million during the quarter, compared to the consensus estimate of $425.52 million. Sell-side analysts anticipate that Avista Corporation will post 2.59 earnings per share for the current year.

Insider Transactions at Avista

In related news, VP Joshua Diluciano sold 4,675 shares of the firm’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $37.24, for a total value of $174,097.00. Following the sale, the vice president directly owned 8,334 shares in the company, valued at $310,358.16. This trade represents a 35.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.78% of the stock is owned by company insiders.

Avista News Summary

Here are the key news stories impacting Avista this week:

• Positive Sentiment: Avista said third-quarter net income and non-GAAP earnings increased year over year and maintained its 2026 adjusted EPS guidance, offering reassurance about its full-year outlook. Avista Q3 Non-GAAP Earnings Rise; Maintains 2026 Adjusted EPS Guidance Avista Q3 Net Income Rises, Confirms 2026 Earnings Guidance
• Negative Sentiment: The quarter missed consensus: EPS was $0.38 versus analysts’ $0.42 estimate, and revenue of $421 million was below the $425.52 million forecast. The shortfall may temper the positive effect of higher earnings and confirmed guidance. Avista Q3 earnings results

Avista Company Profile

Avista Corporation is an energy company headquartered in Spokane, Washington. Through its Avista Utilities subsidiary, the company provides regulated electric and natural gas services to residential, commercial, and industrial customers.

Avista’s electric operations serve communities in eastern Washington and northern Idaho, while its natural gas service territory includes portions of Washington, Idaho, and Oregon. The company’s utility activities include generating, purchasing, transmitting, distributing, and supplying energy, as well as maintaining the infrastructure needed to deliver those services.

The company traces its history to the founding of Washington Water Power in 1889.