Nissay Asset Management Corp Japan purchased a new position in shares of York Space Systems Inc. (NYSE:YSS – Free Report) during the second quarter, Holdings Channel.com reports. The fund purchased 345,127 shares of the company’s stock, valued at approximately $8,497,000.
Several other hedge funds have also recently modified their holdings of the stock. BlackRock Inc. grew its position in York Space Systems by 1.1% during the 2nd quarter. BlackRock Inc. now owns 19,212,689 shares of the company’s stock worth $473,016,000 after purchasing an additional 200,250 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of York Space Systems by 234.2% in the second quarter. Bank of America Corp DE now owns 370,425 shares of the company’s stock worth $9,120,000 after buying an additional 259,577 shares during the last quarter. Wellington Management Group LLP purchased a new position in shares of York Space Systems in the second quarter worth $4,231,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of York Space Systems during the second quarter worth $1,162,000. Finally, Public Employees Retirement System of Ohio lifted its stake in shares of York Space Systems by 280.4% during the second quarter. Public Employees Retirement System of Ohio now owns 45,730 shares of the company’s stock worth $1,126,000 after buying an additional 33,707 shares during the period.
Wall Street Analysts Forecast Growth
Several research firms recently issued reports on YSS. Craig Hallum initiated coverage on York Space Systems in a research report on Wednesday. They issued a “hold” rating and a $11.00 target price on the stock. Canaccord Genuity Group reaffirmed a “hold” rating and set a $13.50 price target (down from $36.00) on shares of York Space Systems in a research report on Monday, August 17th. Raymond James Financial downgraded York Space Systems from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 29th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $17.00 price objective (down from $38.00) on shares of York Space Systems in a report on Monday, August 17th. Finally, The Goldman Sachs Group set a $14.00 price objective on York Space Systems in a research note on Tuesday. Five equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, York Space Systems currently has an average rating of “Hold” and an average price target of $21.05.
Insiders Place Their Bets
In other York Space Systems news, major shareholder Blackrock Portfolio Management sold 200,170 shares of York Space Systems stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $10.99, for a total transaction of $2,199,868.30. Following the completion of the transaction, the insider owned 16,517,115 shares in the company, valued at approximately $181,523,093.85. This trade represents a 1.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Over the last 90 days, insiders sold 655,215 shares of company stock worth $8,390,822.
York Space Systems Stock Down 2.3%
YSS stock opened at $8.98 on Friday. The company has a market capitalization of $1.23 billion and a P/E ratio of -15.22. York Space Systems Inc. has a 12 month low of $8.89 and a 12 month high of $44.54. The firm’s fifty day simple moving average is $16.91 and its 200-day simple moving average is $24.33. The company has a debt-to-equity ratio of 0.08, a current ratio of 5.34 and a quick ratio of 5.05.
York Space Systems (NYSE:YSS – Get Free Report) last issued its earnings results on Thursday, August 13th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by ($0.12). The company had revenue of $92.55 million for the quarter. As a group, equities research analysts forecast that York Space Systems Inc. will post -1.73 earnings per share for the current year.
York Space Systems Company Profile
York Space Systems is a leading, U.S.-based, space and defense prime(1) providing a comprehensive suite of mission-critical solutions for national security, government and commercial customers. York is one of the only space and defense primes with proprietary hardware and software capabilities designed to address customers’ complex mission requirements across the critical elements of the entire space ecosystem throughout the mission lifecycle. York is the number one provider to the U.S. Department of Defense’s (“DoD”) Proliferated Warfighter Space Architecture (“PWSA”) by number of spacecraft operating in-orbit, by number of contracts, and by variety of contract types as of September 2025.
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