Empirical Asset Management LLC Takes Position in Astronics Corporation $ATRO

Posted by George Bondi on Aug 19th, 2026

Empirical Asset Management LLC acquired a new position in shares of Astronics Corporation (NASDAQ:ATRO – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 5,962 shares of the aerospace company’s stock, valued at approximately $484,000.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of Astronics by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 1,975,693 shares of the aerospace company’s stock worth $107,162,000 after purchasing an additional 39,527 shares in the last quarter. Emerald Advisers LLC raised its stake in shares of Astronics by 85.0% during the first quarter. Emerald Advisers LLC now owns 449,126 shares of the aerospace company’s stock valued at $29,970,000 after purchasing an additional 206,399 shares in the last quarter. Emerald Mutual Fund Advisers Trust lifted its holdings in Astronics by 78.1% in the first quarter. Emerald Mutual Fund Advisers Trust now owns 279,159 shares of the aerospace company’s stock worth $18,628,000 after purchasing an additional 122,440 shares during the period. Hennion & Walsh Asset Management Inc. lifted its holdings in Astronics by 20.6% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 79,689 shares of the aerospace company’s stock worth $6,476,000 after purchasing an additional 13,613 shares during the period. Finally, Sei Investments Co. grew its position in Astronics by 153.4% in the 1st quarter. Sei Investments Co. now owns 71,039 shares of the aerospace company’s stock valued at $4,740,000 after buying an additional 43,007 shares in the last quarter. 56.68% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have commented on ATRO. Weiss Ratings restated a “sell (d-)” rating on shares of Astronics in a research report on Friday, July 17th. Zacks Research upgraded shares of Astronics from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Truist Financial upgraded shares of Astronics to a “strong-buy” rating in a research note on Monday, May 4th. TD Cowen boosted their target price on Astronics from $70.83 to $83.33 and gave the stock a “buy” rating in a report on Thursday, May 28th. Finally, Wall Street Zen upgraded Astronics from a “buy” rating to a “strong-buy” rating in a research report on Sunday. Three analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, Astronics has a consensus rating of “Buy” and an average target price of $74.17.

Check Out Our Latest Analysis on ATRO

Astronics Stock Performance

NASDAQ:ATRO opened at $86.12 on Wednesday. The company has a 50-day moving average of $76.06 and a 200-day moving average of $67.72. The firm has a market cap of $3.70 billion, a price-to-earnings ratio of 50.66 and a beta of 1.15. The company has a current ratio of 2.97, a quick ratio of 1.63 and a debt-to-equity ratio of 1.57. Astronics Corporation has a twelve month low of $27.89 and a twelve month high of $94.46.

Astronics (NASDAQ:ATRO – Get Free Report) last released its earnings results on Tuesday, August 11th. The aerospace company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.11. Astronics had a net margin of 8.40% and a return on equity of 67.69%. The business had revenue of $259.96 million for the quarter, compared to the consensus estimate of $245.30 million. The firm’s revenue was up 46.9% compared to the same quarter last year. Analysts forecast that Astronics Corporation will post 2.55 earnings per share for the current fiscal year.

Astronics Company Profile

(Free Report)

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.