Avista Corporation $AVA Position Boosted by ProShare Advisors LLC

ProShare Advisors LLC lifted its position in Avista Corporation (NYSE:AVA) by 43.3% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 244,503 shares of the utilities provider’s stock after buying an additional 73,859 shares during the period. ProShare Advisors LLC’s holdings in Avista were worth $8,580,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of AVA. BlackRock Inc. bought a new position in Avista during the second quarter valued at about $605,448,000. Bank of New York Mellon Corp acquired a new position in Avista during the second quarter worth about $37,919,000. Legal & General Group Plc bought a new stake in Avista in the second quarter worth about $19,466,000. Bank of America Corp DE bought a new stake in Avista in the second quarter worth about $12,535,000. Finally, Nuance Investments LLC bought a new stake in Avista in the second quarter worth about $11,824,000. Institutional investors and hedge funds own 85.24% of the company’s stock.

Insiders Place Their Bets

In related news, VP Joshua Diluciano sold 4,675 shares of Avista stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $37.24, for a total value of $174,097.00. Following the transaction, the vice president owned 8,334 shares of the company’s stock, valued at approximately $310,358.16. This trade represents a 35.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.78% of the company’s stock.

Key Headlines Impacting Avista

Here are the key news stories impacting Avista this week:

• Positive Sentiment: Avista said third-quarter net income increased year over year and reaffirmed its 2026 utility earnings guidance, signaling it remains on track with its outlook. Avista Q3 2026 financial results
• Negative Sentiment: Quarterly EPS was $0.38, below the $0.42 consensus estimate, and revenue of $421 million fell short of analysts’ $425.52 million forecast. The earnings misses could weigh on sentiment despite the rise in net income and maintained guidance. Avista quarterly earnings results

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Barclays cut their price target on shares of Avista from $37.00 to $35.00 and set an “equal weight” rating for the company in a report on Friday, October 9th. Weiss Ratings downgraded shares of Avista from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, October 9th. Seven investment analysts have rated the stock with a Hold rating. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $38.75.

Avista Stock Performance

AVA opened at $40.22 on Thursday. The firm has a market cap of $3.37 billion, a PE ratio of 14.52, a P/E/G ratio of 4.02 and a beta of 0.22. The company has a quick ratio of 0.69, a current ratio of 1.10 and a debt-to-equity ratio of 1.08. The business has a fifty day simple moving average of $36.64 and a 200-day simple moving average of $39.71. Avista Corporation has a fifty-two week low of $34.46 and a fifty-two week high of $43.50.

Avista (NYSE:AVA) last announced its earnings results on Wednesday, November 4th. The utilities provider reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.04). The company had revenue of $421.00 million for the quarter, compared to analyst estimates of $425.52 million. Avista had a return on equity of 7.85% and a net margin of 11.83%. As a group, equities analysts predict that Avista Corporation will post 2.59 EPS for the current fiscal year.

Avista 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.