Public Employees Retirement System of Ohio Invests $812,000 in Aspen Aerogels, Inc. $ASPN

Public Employees Retirement System of Ohio acquired a new position in Aspen Aerogels, Inc. (NYSE:ASPN) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 128,107 shares of the construction company’s stock, valued at approximately $812,000. Public Employees Retirement System of Ohio owned 0.15% of Aspen Aerogels at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of ASPN. Acadian Asset Management LLC purchased a new stake in Aspen Aerogels during the first quarter valued at $43,000. Legal & General Group Plc purchased a new position in Aspen Aerogels in the second quarter worth about $44,000. Tower Research Capital LLC TRC grew its stake in shares of Aspen Aerogels by 184.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 7,235 shares of the construction company’s stock valued at $43,000 after purchasing an additional 4,693 shares during the period. Royal Bank of Canada grew its stake in shares of Aspen Aerogels by 95.8% during the 1st 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 period. Finally, Prelude Capital Management LLC purchased a new stake in shares of Aspen Aerogels during the 3rd quarter valued at about $70,000. Hedge funds and other institutional investors own 97.64% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Wall Street Zen cut shares of Aspen Aerogels from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th. Weiss Ratings restated a “sell (d-)” rating on shares of Aspen Aerogels in a research report on Wednesday, June 24th. Barclays upped their target price on shares of Aspen Aerogels from $4.00 to $5.00 and gave the company an “underweight” rating in a report on Tuesday, August 11th. B. Riley Financial reiterated a “buy” rating on shares of Aspen Aerogels in a research report on Friday, August 7th. Finally, Roth Capital reiterated a “buy” rating and set a $7.75 price target on shares of Aspen Aerogels in a research note on Friday, August 7th. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $5.94.

Aspen Aerogels Trading Down 1.1%

Shares of Aspen Aerogels stock opened at $4.86 on Thursday. Aspen Aerogels, Inc. has a fifty-two week low of $2.30 and a fifty-two week high of $9.35. The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.24 and a current ratio of 2.52. The company has a market capitalization of $402.92 million, a P/E ratio of -3.17 and a beta of 2.97. The company has a fifty day moving average of $5.23 and a 200 day moving average of $4.73.

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

Aspen Aerogels 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.