AXQ Capital LP Purchases New Shares in Astronics Corporation $ATRO

AXQ Capital LP purchased a new position in shares of Astronics Corporation (NASDAQ:ATRO) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 8,064 shares of the aerospace company’s stock, valued at approximately $368,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Equitable Trust Co. raised its stake in shares of Astronics by 28.3% in the third quarter. Equitable Trust Co. now owns 13,340 shares of the aerospace company’s stock worth $608,000 after acquiring an additional 2,945 shares during the last quarter. SG Capital Management LLC acquired a new stake in shares of Astronics in the third quarter valued at approximately $11,617,000. Vanguard Group Inc. raised its position in Astronics by 5.8% in the 3rd quarter. Vanguard Group Inc. now owns 1,936,166 shares of the aerospace company’s stock worth $88,309,000 after purchasing an additional 105,311 shares during the last quarter. Advisors Asset Management Inc. lifted its holdings in Astronics by 7.5% during the 3rd quarter. Advisors Asset Management Inc. now owns 140,013 shares of the aerospace company’s stock worth $6,386,000 after buying an additional 9,762 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its position in Astronics by 166.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 752 shares of the aerospace company’s stock valued at $34,000 after buying an additional 470 shares during the last quarter. Institutional investors and hedge funds own 56.68% of the company’s stock.

Astronics News Summary

Here are the key news stories impacting Astronics this week:

• Positive Sentiment: Truist raised its price target on ATRO to $107 and assigned a Buy rating, citing improving margins — a material analyst upgrade that implies ~35% upside from current levels. Truist PT Raise
• Positive Sentiment: Astronics reported Q4 FY2025 results above expectations: $0.75 EPS vs. $0.63 consensus and revenue of $240.1M vs. $237.1M. Revenue grew ~15% year/year and management highlighted operating leverage — results that support re-rating prospects. Q4 Earnings
• Positive Sentiment: Management signaled 12.5%–15% revenue growth for 2026 and is targeting sustained high‑teens operating margins — guidance that underpins upside to profit and valuation if execution continues. 2026 Guidance
• Positive Sentiment: TD Cowen reiterated a Buy rating on ATRO with a $90 target, calling management’s 2026 guidance conservative and noting contract upside and operating leverage as supports for further upside. TD Cowen Buy Rating
• Neutral Sentiment: Full Q4 earnings call transcript is available for listeners who want detail on backlog, margin drivers and contract timing — useful for assessing whether guidance execution is credible. Earnings Call Transcript
• Neutral Sentiment: Reported short-interest data is effectively zero (anomalous reporting showed 0 shares / NaN change and 0.0 days-to-cover) — indicates little visible short pressure but the figure appears unreliable and should be treated cautiously.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Craig Hallum restated a “buy” rating on shares of Astronics in a research report on Friday, January 9th. TD Cowen assumed coverage on Astronics in a report on Wednesday, November 26th. They set a “buy” rating for the company. CJS Securities upgraded shares of Astronics to a “strong-buy” rating in a research report on Thursday, December 11th. Zacks Research upgraded shares of Astronics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Astronics in a research note on Wednesday, January 21st. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Astronics presently has an average rating of “Buy” and a consensus price target of $77.33.

Astronics Stock Down 0.7%

Shares of NASDAQ ATRO opened at $78.84 on Thursday. The stock has a market cap of $2.81 billion, a P/E ratio of 102.39 and a beta of 1.10. The firm has a 50 day moving average price of $69.41 and a 200 day moving average price of $53.67. The company has a debt-to-equity ratio of 3.07, a quick ratio of 1.56 and a current ratio of 2.87. Astronics Corporation has a 52-week low of $19.51 and a 52-week high of $81.89.

Astronics (NASDAQ:ATRO) last posted its earnings results on Tuesday, February 24th. The aerospace company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.12. The company had revenue of $240.07 million for the quarter, compared to analyst estimates of $237.11 million. Astronics had a net margin of 3.41% and a return on equity of 36.45%. The business’s revenue for the quarter was up 15.1% compared to the same quarter last year. During the same period last year, the business posted $0.46 earnings per share. Analysts expect that Astronics Corporation will post 0.82 EPS for the current year.

About Astronics

Astronics Corporation (NASDAQ: ATRO) is a global leader in the design and manufacture of advanced technologies primarily for the aerospace, defense and semiconductor industries. Headquartered in East Aurora, New York, the company was founded in 1968 and has grown through a combination of internal development and strategic acquisitions. Astronics operates multiple business units focused on power conversion, distribution and control; cabin electronics and connectivity; aircraft lighting and safety solutions; and automated test systems.

The company’s aerospace products include onboard power generation and management systems, in-flight entertainment and connectivity hardware, LED and fluorescent lighting for aircraft cabins and cockpits, and safety equipment such as escape slide power units.