AXQ Capital LP Buys New Position in Astronics Corporation $ATRO

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

A number of other large investors also recently modified their holdings of ATRO. AQR Capital Management LLC grew its stake in shares of Astronics by 20.4% in the first quarter. AQR Capital Management LLC now owns 112,210 shares of the aerospace company’s stock worth $2,712,000 after acquiring an additional 18,975 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Astronics by 6.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,491 shares of the aerospace company’s stock valued at $423,000 after purchasing an additional 1,069 shares during the period. Millennium Management LLC grew its position in Astronics by 80.1% in the 1st quarter. Millennium Management LLC now owns 746,956 shares of the aerospace company’s stock worth $18,054,000 after purchasing an additional 332,133 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Astronics by 26.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 222,486 shares of the aerospace company’s stock worth $5,377,000 after purchasing an additional 46,054 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Astronics by 22.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 71,791 shares of the aerospace company’s stock worth $1,735,000 after purchasing an additional 13,104 shares during the period. 56.68% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Astronics

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.

Astronics Stock Down 0.7%

ATRO opened at $78.84 on Thursday. The firm has a market cap of $2.81 billion, a price-to-earnings ratio of 102.39 and a beta of 1.10. The company has a debt-to-equity ratio of 3.07, a quick ratio of 1.56 and a current ratio of 2.87. The firm’s 50-day simple moving average is $69.41 and its 200-day simple moving average is $53.67. Astronics Corporation has a twelve month low of $19.51 and a twelve month high of $81.89.

Astronics (NASDAQ:ATRO) last released its quarterly earnings results on Tuesday, February 24th. The aerospace company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.12. The firm 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 company’s revenue for the quarter was up 15.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.46 earnings per share. Equities research analysts anticipate that Astronics Corporation will post 0.82 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Truist Financial lifted their target price on Astronics from $75.00 to $107.00 and gave the stock a “buy” rating in a research report on Wednesday. Wall Street Zen downgraded Astronics from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 7th. Zacks Research upgraded Astronics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. TD Cowen began coverage on Astronics in a research note on Wednesday, November 26th. They issued a “buy” rating for the company. Finally, CJS Securities upgraded shares of Astronics to a “strong-buy” rating in a research note on Thursday, December 11th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $77.33.

Astronics Profile

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.