Pictet Asset Management Holding SA increased its stake in Madison Air Solutions Corporation (NYSE:MAIR – Free Report) by 42.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,337,704 shares of the company’s stock after buying an additional 1,902,991 shares during the quarter. Pictet Asset Management Holding SA owned about 1.26% of Madison Air Solutions worth $155,908,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Citadel Advisors LLC bought a new position in Madison Air Solutions during the second quarter valued at $251,481,000. Alyeska Investment Group L.P. bought a new stake in shares of Madison Air Solutions in the 2nd quarter worth about $67,411,000. Robeco Schweiz AG lifted its holdings in shares of Madison Air Solutions by 151.6% in the 3rd quarter. Robeco Schweiz AG now owns 1,537,926 shares of the company’s stock worth $37,833,000 after acquiring an additional 926,619 shares during the last quarter. BlueCrest Capital Management Ltd bought a new stake in shares of Madison Air Solutions in the 2nd quarter worth about $23,790,000. Finally, State Street Corp bought a new stake in shares of Madison Air Solutions in the 2nd quarter worth about $16,558,000.
Analyst Upgrades and Downgrades
MAIR has been the subject of a number of recent analyst reports. Weiss Ratings cut shares of Madison Air Solutions from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, September 28th. Citigroup reduced their price objective on shares of Madison Air Solutions from $40.00 to $36.00 and set a “buy” rating on the stock in a research report on Friday. Wells Fargo & Company decreased their price objective on shares of Madison Air Solutions from $46.00 to $33.00 and set an “overweight” rating for the company in a research note on Monday, August 3rd. Wall Street Zen raised shares of Madison Air Solutions to a “hold” rating in a research note on Sunday, July 12th. Finally, Zacks Research lowered Madison Air Solutions from a “hold” rating to a “strong sell” rating in a research report on Friday, October 9th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Madison Air Solutions has a consensus rating of “Moderate Buy” and a consensus target price of $41.20.
Read Our Latest Report on MAIR
Trending Headlines about Madison Air Solutions
Here are the key news stories impacting Madison Air Solutions this week:
- Positive Sentiment: Q3 results beat expectations: Adjusted earnings were $0.38 per share, above the $0.30 consensus, while sales rose 25.4% year over year to $1.13 billion. Net income increased 89.1%, and adjusted net income more than doubled. Madison Air Reports Third Quarter 2026 Results
- Positive Sentiment: Demand and visibility strengthened: Backlog grew 119.3% year over year to $3.19 billion, and orders increased 25.9%, supporting expectations for continued business growth. Madison Air Reports Third Quarter 2026 Results
- Positive Sentiment: Full-year sales outlook is above consensus: Madison Air expects 2026 revenue of $4.05 billion to $4.13 billion, compared with analyst estimates around $4.0 billion. Madison Air 2026 Sales Outlook
- Neutral Sentiment: RBC cut its price target but retained an “outperform” rating: Royal Bank of Canada lowered its target from $35 to $29, while still indicating potential upside from the current price. The reduction tempers the otherwise favorable analyst view. Royal Bank of Canada Ratings
Insiders Place Their Bets
In related news, Director Hudson La Force, III acquired 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 25th. The stock was bought at an average price of $27.84 per share, for a total transaction of $556,800.00. Following the acquisition, the director directly owned 36,713 shares of the company’s stock, valued at $1,022,089.92. This represents a 119.67% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.
Madison Air Solutions Price Performance
NYSE:MAIR opened at $23.04 on Monday. Madison Air Solutions Corporation has a twelve month low of $20.85 and a twelve month high of $44.50. The company has a market cap of $11.56 billion and a price-to-earnings ratio of 0.00. The stock has a fifty day simple moving average of $24.25 and a 200-day simple moving average of $31.78. The company has a current ratio of 1.82, a quick ratio of 1.21 and a debt-to-equity ratio of 0.84.
Madison Air Solutions (NYSE:MAIR – Get Free Report) last issued its earnings results on Thursday, November 5th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.08. The company had revenue of $1.13 billion for the quarter. The firm’s revenue for the quarter was up 25.4% compared to the same quarter last year. Analysts anticipate that Madison Air Solutions Corporation will post 1.06 EPS for the current year.
About Madison Air Solutions
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