Astronics Corporation (ATRO)

Astronics Corp. stock has experienced new 52-week highs and significant year-to-date gains. The company reported strong financial results, with Q2 2025 EPS topping estimates and Q1 2025 sales increasing due to record Aerospace sales. Astronics secured a new $300 million credit facility in October 2025. Astronics acquired Bühler Motor Aviation and Envoy Aerospace in October and July 2025, respectively. Astronics announced and closed a $225 million offering of 0% convertible senior notes in September 2025. An insider, James Mulato, sold 1,129 shares of the company's stock in September 2025. Research firms have issued various ratings, with some maintaining "buy" ratings and others adjusting to "hold" or "sell."

Astronics' business is generally not seasonal. Demand is influenced by aircraft production rates, global air travel demand, defense spending, and specific product demand. Increased production rates for major commercial aircraft platforms are likely to drive growth. Projected expansion in global air travel demand is expected to drive investments in cabin upgrades and in-flight connectivity. Resilient defense activity and heightened global defense investment bolster demand for Astronics' lighting and safety products and other aerospace and defense technologies. The Aerospace segment has seen growth fueled by higher sales in commercial transport and military aircraft markets, specifically due to increasing demand for cabin power, in-flight entertainment & connectivity (IFEC) products, lighting, and safety products. The Test Systems segment has also experienced increased demand for radio testing.

Astronics Corporation is an American aerospace electronics corporation that designs and manufactures products for the aerospace, defense, and electronics industries, operating in two segments: Aerospace and Test Systems. The Aerospace segment provides a wide range of products, serving airframe manufacturers, suppliers, aircraft operators, and the U.S. Department of Defense. The Test Systems segment focuses on automated test systems, training, and simulation devices, serving OEMs and prime government contractors.

Astronics Corp. has a global geographic footprint, operating in the United States, the rest of North America, Asia, Europe, and South America, as well as internationally. The majority of its revenue is generated from the United States.

In the past year, information regarding Astronics' brand reputation includes a historical patent infringement lawsuit. In 2010, Lufthansa Technik AG filed a suit against Astronics' subsidiary, Advanced Electronic Systems (AES), for patent infringement related to in-seat power supplies. The suit was ruled in Lufthansa's favor in a German court in 2015, leading to Astronics being ordered to pay $3.2 million plus interest. A second suit from Lufthansa is anticipated to result in a US$16 million payment from Astronics.

Institutional investors and hedge funds collectively own a significant portion of Astronics Corp.'s stock. Major institutional owners include BlackRock, Inc., ACK Asset Management LLC, and The Vanguard Group, Inc. Insiders own between 9.39% and 10.83% of the stock. Robert Keane, chairman of the board since 2019, owns approximately 20% of Astronics' Class B stock.