5,629 Shares in Moog Inc. $MOG.A Acquired by Globeflex Capital L P

Globeflex Capital L P purchased a new position in shares of Moog Inc. (NYSE:MOG.A) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 5,629 shares of the aerospace company’s stock, valued at approximately $2,386,000.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on MOG.A shares. JPMorgan Chase & Co. started coverage on shares of Moog in a report on Monday, July 20th. They issued an “overweight” rating and a $520.00 price objective on the stock. TD Cowen boosted their target price on shares of Moog from $350.00 to $450.00 and gave the stock a “buy” rating in a research note on Wednesday, June 10th. Finally, Truist Financial increased their target price on Moog from $344.00 to $417.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Moog presently has an average rating of “Buy” and a consensus price target of $462.33.

Moog Stock Down 0.0%

MOG.A stock opened at $388.98 on Monday. The company has a current ratio of 2.09, a quick ratio of 1.34 and a debt-to-equity ratio of 0.41. Moog Inc. has a twelve month low of $190.90 and a twelve month high of $448.85. The company’s 50 day moving average is $409.27 and its two-hundred day moving average is $353.46. The stock has a market cap of $12.32 billion, a P/E ratio of 33.08 and a beta of 0.98.

Moog (NYSE:MOG.A) last issued its quarterly earnings data on Friday, July 31st. The aerospace company reported $3.72 earnings per share for the quarter, topping the consensus estimate of $2.66 by $1.06. Moog had a net margin of 8.73% and a return on equity of 17.67%. The business had revenue of $1.12 billion during the quarter. During the same quarter in the prior year, the firm posted $2.37 EPS. The firm’s quarterly revenue was up 15.2% compared to the same quarter last year. Research analysts expect that Moog Inc. will post 11.68 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Moog news, Director John Scannell sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $373.58, for a total transaction of $1,120,740.00. Following the transaction, the director owned 33,540 shares of the company’s stock, valued at approximately $12,529,873.20. This trade represents a 8.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Janet M. Coletti sold 604 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $379.66, for a total value of $229,314.64. Following the transaction, the director directly owned 6,145 shares in the company, valued at approximately $2,333,010.70. The trade was a 8.95% decrease in their position. The SEC filing for this sale provides additional information. 1.46% of the stock is owned by insiders.

Moog Company Profile

Moog Inc designs, manufactures, and integrates precision motion and fluid controls and controls systems for original equipment manufacturers and end users in the aerospace, defense, and industrial markets worldwide. The company's Aircrafts Controls segment offers primary and secondary flight controls for military and commercial aircrafts; aftermarket support services; and ground-based navigation aids. Its Space and Defense Controls segment provides controls for satellites, space vehicles, launch vehicles, armored combat vehicles, tactical and strategic missiles, security and surveillance, and other defense applications; and gun aiming, stabilization, and automatic ammunition loading for armored combat vehicles.