Mitsubishi UFJ Asset Management Co. Ltd. Invests $682,000 in Aspen Aerogels, Inc. $ASPN

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Aspen Aerogels, Inc. (NYSE:ASPN) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 107,505 shares of the construction company’s stock, valued at approximately $682,000. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.13% of Aspen Aerogels as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ASPN. Royal Bank of Canada lifted its holdings in Aspen Aerogels by 95.8% during the first quarter. Royal Bank of Canada now owns 8,523 shares of the construction company’s stock valued at $29,000 after purchasing an additional 4,169 shares during the last quarter. Drive Wealth Management LLC purchased a new position in shares of Aspen Aerogels in the fourth quarter worth about $30,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Aspen Aerogels in the fourth quarter valued at approximately $30,000. Clarus Group Inc. bought a new stake in shares of Aspen Aerogels in the first quarter valued at approximately $36,000. Finally, WINTON GROUP Ltd purchased a new stake in shares of Aspen Aerogels during the 4th quarter valued at approximately $40,000. 97.64% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ASPN has been the subject of several analyst reports. B. Riley Financial reaffirmed a “buy” rating on shares of Aspen Aerogels in a report on Friday, August 7th. Roth Capital reissued a “buy” rating and set a $7.75 target price on shares of Aspen Aerogels in a report on Friday, August 7th. Weiss Ratings restated a “sell (d-)” rating on shares of Aspen Aerogels in a research report on Wednesday, June 24th. Wall Street Zen lowered Aspen Aerogels from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Finally, Barclays lifted their price target on Aspen Aerogels from $4.00 to $5.00 and gave the company an “underweight” rating in a research report on Tuesday, August 11th. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $5.94.

Aspen Aerogels Trading Up 2.0%

Shares of Aspen Aerogels stock opened at $5.21 on Friday. Aspen Aerogels, Inc. has a 12-month low of $2.30 and a 12-month high of $9.35. The company has a market cap of $432.38 million, a price-to-earnings ratio of -3.41 and a beta of 2.99. The company has a current ratio of 2.52, a quick ratio of 2.24 and a debt-to-equity ratio of 0.36. The company’s 50-day moving average price is $5.50 and its 200-day moving average price is $4.58.

Aspen Aerogels (NYSE:ASPN) last issued its quarterly earnings data on Thursday, August 6th. The construction company reported ($0.22) EPS for the quarter, beating the consensus estimate of ($0.23) by $0.01. The company had revenue of $49.85 million during the quarter, compared to analysts’ expectations of $42.42 million. Aspen Aerogels had a negative net margin of 62.45% and a negative return on equity of 31.12%. Aspen Aerogels has set its Q3 2026 guidance at -0.110–0.070 EPS. On average, equities analysts expect that Aspen Aerogels, Inc. will post -0.69 earnings per share for the current fiscal year.

Aspen Aerogels Company Profile

Aspen Aerogels, Inc, headquartered in Northborough, Massachusetts, develops and manufactures high-performance aerogel insulation materials and custom engineered solutions. Founded in 2001 as a spin-out from Department of Energy research, the company pursued an initial public offering on the NYSE in 2014 under the ticker ASPN. Aspen Aerogels combines proprietary aerogel formulations with advanced manufacturing processes to deliver products known for their low thermal conductivity, lightweight construction and robust mechanical properties.

The company’s product portfolio spans blanket insulation, boards, and custom shapes built around several proprietary brands, including Pyrogel, Cryogel and Spaceloft.