Mitsubishi UFJ Asset Management Co. Ltd. Makes New $765,000 Investment in Ondas Holdings Inc. $ONDS

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Ondas Holdings Inc. (NASDAQ:ONDS) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 78,392 shares of the company’s stock, valued at approximately $765,000.

Several other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. grew its position in Ondas by 109.9% in the third quarter. Vanguard Group Inc. now owns 13,415,432 shares of the company’s stock worth $103,567,000 after acquiring an additional 7,024,549 shares in the last quarter. Two Sigma Investments LP boosted its holdings in Ondas by 1,325.9% in the third quarter. Two Sigma Investments LP now owns 4,568,238 shares of the company’s stock worth $35,267,000 after purchasing an additional 4,247,859 shares in the last quarter. Invesco Ltd. acquired a new position in Ondas during the third quarter worth $25,967,000. JPMorgan Chase & Co. raised its holdings in Ondas by 3,558,617.2% during the third quarter. JPMorgan Chase & Co. now owns 2,064,056 shares of the company’s stock valued at $15,935,000 after buying an additional 2,063,998 shares in the last quarter. Finally, Exchange Traded Concepts LLC acquired a new stake in shares of Ondas in the fourth quarter worth about $19,517,000. 37.73% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently commented on ONDS. HC Wainwright set a $17.00 price objective on Ondas and gave the company a “buy” rating in a report on Tuesday, March 10th. Northland Securities increased their price target on Ondas from $16.00 to $18.00 and gave the company an “outperform” rating in a report on Thursday, March 26th. Oppenheimer lifted their price target on shares of Ondas from $12.00 to $16.00 and gave the company an “outperform” rating in a research report on Tuesday, January 20th. Glj Research set a $17.00 price objective on shares of Ondas in a research note on Tuesday, March 10th. Finally, Stifel Nicolaus upped their price objective on shares of Ondas from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $17.25.

Ondas Price Performance

Shares of ONDS stock opened at $9.04 on Wednesday. Ondas Holdings Inc. has a 12 month low of $0.76 and a 12 month high of $15.28. The company has a market capitalization of $4.43 billion, a P/E ratio of -13.49 and a beta of 2.56. The stock has a 50 day moving average of $9.92 and a two-hundred day moving average of $9.52. The company has a current ratio of 4.84, a quick ratio of 4.68 and a debt-to-equity ratio of 0.01.

Ondas (NASDAQ:ONDS) last posted its earnings results on Monday, March 23rd. The company reported ($0.39) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.33). The business had revenue of $30.11 million during the quarter, compared to the consensus estimate of $27.49 million. Ondas had a negative net margin of 270.37% and a negative return on equity of 53.14%. As a group, equities analysts expect that Ondas Holdings Inc. will post -0.28 EPS for the current year.

About Ondas

Ondas Holdings, Inc (NASDAQ: ONDS) develops secure private wireless networking solutions and unmanned aircraft systems tailored to mission-critical industrial applications. Its Ondas Networks division offers the proprietary FullMAX platform, a long-range, high-bandwidth broadband network designed to support real-time data transmission, remote monitoring and IoT deployments across rail, maritime and infrastructure environments. The broadband platform integrates edge-to-cloud architecture to ensure operational resilience and regulatory compliance for transportation and utility operators.

The company’s Ondas Autonomous Systems segment builds heavy-lift cargo drones and uncrewed aircraft platforms for logistics, pipeline and infrastructure inspection, emergency response and other government and commercial use cases.