New York, Jan 31, 2026, 09:42 (EST) — Market closed
- Moog shares surged roughly 6% on Friday following a record quarterly sales report and an upbeat full-year forecast
- Company noted tariff pressures hitting some segments but is boosting inventories ahead of growth
- Dividend lifted by 3%; investors eye follow-through once trading picks up Monday
Moog shares jumped Friday following the aerospace and defense supplier’s record quarterly sales and a raised full-year outlook, putting the stock in focus as U.S. markets reopen Monday.
The update arrives as investors weigh which industrial firms can ride the wave of aircraft and defense demand without losing ground on costs. Moog, positioned squarely in that supply chain, offers numbers that many see as a key indicator.
The company also raised its dividend, a move that some investors took as a sign of confidence. Yet it warned of tariff pressures, which effectively act as a tax on parts and materials when import duties increase.
Moog’s Class A shares climbed roughly 6% to $305.35 on Friday. The less-liquid Class B stock also gained, rising about 5% to $304.44. Curtiss-Wright Corporation and Woodward Inc. both fell, and the iShares U.S. Aerospace & Defense ETF slipped.
On Friday, the East Aurora-based firm reported net sales climbed 21% to roughly $1.1 billion for the quarter ending Jan. 3. Adjusted diluted EPS hit $2.63. CEO Pat Roche hailed it as “an outstanding start to fiscal 2026.” CFO Jennifer Walter announced the company is upping its sales and adjusted profit forecasts for 2026. (Business Wire)
Moog boosted its fiscal 2026 net sales forecast to $4.3 billion from $4.2 billion and nudged up its adjusted EPS estimate to $10.20 from $10.00. The company held its adjusted operating margin projection steady at 13.4%. “Adjusted” figures usually strip out items not considered part of regular business.
Growth was widespread. Both Space and Defense and Commercial Aircraft divisions saw double-digit sales increases. Moog highlighted robust demand in missile controls, satellite parts, and a boost in aftermarket activity linked to greater fleet usage.
Orders remained in the spotlight. The company reported bookings—orders recorded during the quarter—hit $2.3 billion. Its 12-month backlog jumped 30% to $3.3 billion, reflecting a growing volume of work yet to be completed.
Margins painted a more complicated picture. Moog reported that while operating margin improved overall, tariff pressure hurt profitability in certain segments; tariffs are import duties that can drive up input costs when they apply to components or materials.
Cash also drew attention. Moog’s latest quarterly filing showed net earnings of $78.9 million, but operating activities drained $44.8 million in cash during the period, driven by shifts in working-capital accounts. (SEC)
The upside hinges on execution: converting backlog into shipments, maintaining margins if tariff expenses persist, and preventing inventories and receivables from draining cash as volumes grow. Delays in aircraft production or government funding schedules could quickly hit working capital.
Investors will be keeping an eye on the stock’s performance once markets reopen Monday. Attention also turns to the dividend schedule outlined in a recent SEC filing: $0.30 per share, payable Feb. 26 to shareholders on record as of Feb. 17. (SEC)
