926,619 Madison Air Solutions Corporation $MAIR Shares Acquired by Robeco Schweiz AG

Robeco Schweiz AG lifted its holdings in shares of Madison Air Solutions Corporation (NYSE:MAIR) by 151.6% during the third quarter, HoldingsChannel reports. The firm owned 1,537,926 shares of the company’s stock after acquiring an additional 926,619 shares during the quarter. Robeco Schweiz AG’s holdings in Madison Air Solutions were worth $37,833,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of MAIR. Citadel Advisors LLC acquired a new position in shares of Madison Air Solutions in the 2nd quarter valued at approximately $251,481,000. Alyeska Investment Group L.P. bought a new stake in Madison Air Solutions during the 2nd quarter worth approximately $67,411,000. BlueCrest Capital Management Ltd bought a new stake in Madison Air Solutions during the 2nd quarter worth approximately $23,790,000. State Street Corp bought a new stake in Madison Air Solutions during the 2nd quarter worth approximately $16,558,000. Finally, Readystate Asset Management LP acquired a new stake in Madison Air Solutions during the 2nd quarter worth approximately $16,029,000.

Madison Air Solutions Price Performance

Shares of Madison Air Solutions stock opened at $22.72 on Friday. The company has a market capitalization of $11.40 billion and a price-to-earnings ratio of 0.00. The firm has a 50-day moving average price of $25.00. Madison Air Solutions Corporation has a one year low of $21.96 and a one year high of $44.50. 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) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.07. The firm had revenue of $991.30 million for the quarter. Madison Air Solutions’s revenue for the quarter was up 20.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.24 earnings per share. On average, equities analysts expect that Madison Air Solutions Corporation will post 1.06 EPS for the current year.

Insider Transactions at Madison Air Solutions

In other news, Director Hudson La Force, III bought 20,000 shares of the business’s stock in a transaction on Tuesday, August 25th. The shares were purchased at an average price of $27.84 per share, for a total transaction of $556,800.00. Following the purchase, the director owned 36,713 shares of the company’s stock, valued at approximately $1,022,089.92. The trade was a 119.67% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on MAIR. Royal Bank Of Canada cut their price target on shares of Madison Air Solutions from $38.00 to $35.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 14th. Wall Street Zen upgraded shares of Madison Air Solutions to a “hold” rating in a report on Sunday, July 12th. Citigroup lowered their price objective on shares of Madison Air Solutions from $49.00 to $40.00 and set a “buy” rating for the company in a research report on Monday, October 12th. Stifel Nicolaus set a $35.00 price objective on shares of Madison Air Solutions in a research report on Monday, October 19th. Finally, Zacks Research lowered shares of Madison Air Solutions from a “hold” rating to a “strong sell” rating in a report on Friday, October 9th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $42.20.

Madison Air Solutions Profile

We take up to 25,000 breaths a day and spend up to 90% of our lives indoors, often breathing air that’s two to five times more polluted than outdoor air. Clean air is absolutely essential to human life, yet most people rarely think about the air we breathe at home, in our schools, in healthcare facilities and in the workplace. Poor air quality doesn’t just affect comfort; it undermines health, productivity and performance. Improving air quality is a fundamental principle that is a key tenet in everything we do.