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

Oppenheimer & Co. Inc. purchased a new position in shares of Avista Corporation (NYSE:AVA) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 12,312 shares of the utilities provider’s stock, valued at approximately $432,000.

A number of other institutional investors also recently made changes to their positions in the stock. Global Retirement Partners LLC acquired a new stake in shares of Avista in the 2nd quarter worth approximately $42,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Avista during the second quarter valued at approximately $58,000. Compass Financial Management LLC acquired a new position in shares of Avista during the second quarter valued at approximately $86,000. EverSource Wealth Advisors LLC increased its stake in shares of Avista by 22.1% during the first quarter. EverSource Wealth Advisors LLC now owns 2,782 shares of the utilities provider’s stock valued at $112,000 after acquiring an additional 503 shares during the period. Finally, Versant Capital Management Inc raised its holdings in Avista by 118.0% during the third quarter. Versant Capital Management Inc now owns 3,411 shares of the utilities provider’s stock worth $120,000 after purchasing an additional 1,846 shares in the last quarter. 85.24% of the stock is owned by institutional investors and hedge funds.

Avista Price Performance

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 business’s 50-day moving average price is $36.69 and its 200 day moving average price is $39.71. Avista Corporation has a 52-week low of $34.46 and a 52-week high of $43.50. The firm has a market cap of $3.43 billion, a P/E ratio of 13.72, a PEG ratio of 4.24 and a beta of 0.22.

Avista (NYSE:AVA) last issued its quarterly earnings results on Wednesday, November 4th. The utilities provider reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.04). Avista had a net margin of 12.75% and a return on equity of 7.87%. The business had revenue of $421.00 million during the quarter, compared to analyst estimates of $425.52 million. As a group, sell-side analysts predict that Avista Corporation will post 2.59 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Insider Activity at Avista

In related news, VP Joshua Diluciano sold 4,675 shares of the business’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were 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. The trade was a 35.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.78% of the stock is owned by 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 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.