Moog Inc. Class A (MOG.A)

Moog Inc.'s Class A shares have grown approximately 45% from January 2025 to January 9, 2026, outperforming the S&P 500. This was driven by strong operational results, including record Q4 2025 net sales of $1.049 billion, record free cash flow of $199 million, and a 20% increase in its backlog to $3.0 billion. The market's rotation towards aerospace and defense also contributed to Moog's outperformance. The company reached a 52-week high due to consistent earnings beats and analyst upgrades and demonstrated disciplined capital allocation by conducting a $100 million share repurchase in 2025 and increasing its quarterly dividend by 4% to $0.29.

The demand for Moog Inc.’s products and services is primarily influenced by long-term contracts and multi-year program cycles within the aerospace and defense industries, rather than traditional seasonal patterns. Military sales are driven by specific programs, while commercial aircraft sales have seen growth in the aftermarket. Industrial sales experienced a decrease due to divestitures. The company's record backlog and broad-based demand provide a clear outlook for fiscal year 2026.

Moog Inc. is an American company that designs, manufactures, and integrates high-performance precision motion and fluid controls and control systems. It operates in the Aerospace, Defense, Industrial Automation, and Motion Control sectors, structured across four main segments: Aircraft Controls, Space and Defense Controls, Industrial Controls, and Components. The company provides flight control systems, spacecraft control systems, defense components, motion control solutions, precision components, and aftermarket support.

Moog Inc. is headquartered in Elma, New York, and maintains a significant global presence. It has sales, engineering, and manufacturing facilities in twenty-six countries, with operations primarily located in Europe and the Asia-Pacific region, in addition to North America.

Moog Inc. has maintained a strong brand reputation, being named the Buffalo Niagara Partnership's 2025 Business of the Year in November 2025. This is supported by Moog achieving record sales and earnings in fiscal year 2024 and being on track to set another record in fiscal year 2025. The company's investments in new facilities also reflect its commitment to growth and community.

Moog Inc.'s ownership structure is predominantly institutional, with institutional investors holding a substantial majority of the Class A shares, ranging from approximately 87.63% to 88.26% as of March 2025. Key institutional shareholders include iShares, Blackrock Inc., Vanguard Group Inc., Earnest Partners LLC, State Street Corp, Bank Of America Corp, Sei Investments Co, Goldman Sachs Group Inc, Dimensional Fund Advisors LP, Geode Capital Management LLC, and Morgan Stanley. Kraig H. Kayser is the largest individual shareholder, holding 380,943 shares, representing 1.20% of the company.