39,921 Shares in Loar Holdings Inc. $LOAR Purchased by Capital International Ltd. CA

Capital International Ltd. CA purchased a new position in Loar Holdings Inc. (NYSE:LOAR) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 39,921 shares of the company’s stock, valued at approximately $2,715,000.

Several other hedge funds have also recently added to or reduced their stakes in LOAR. Rakuten Securities Inc. acquired a new position in Loar in the second quarter worth about $27,000. Fifth Third Bancorp acquired a new stake in shares of Loar during the fourth quarter worth approximately $28,000. PNC Financial Services Group Inc. increased its holdings in shares of Loar by 122.4% during the third quarter. PNC Financial Services Group Inc. now owns 774 shares of the company’s stock worth $62,000 after buying an additional 426 shares in the last quarter. Danske Bank A S acquired a new stake in shares of Loar during the fourth quarter worth approximately $62,000. Finally, Farther Finance Advisors LLC increased its holdings in shares of Loar by 104.7% during the fourth quarter. Farther Finance Advisors LLC now owns 1,042 shares of the company’s stock worth $71,000 after buying an additional 533 shares in the last quarter.

Insider Transactions at Loar

In other Loar news, Director Taiwo K. Danmola sold 35,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $60.59, for a total value of $2,120,650.00. Following the transaction, the director directly owned 54,286 shares of the company’s stock, valued at approximately $3,289,188.74. This trade represents a 39.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Paul S. Levy acquired 75,000 shares of Loar stock in a transaction on Friday, March 13th. The stock was acquired at an average cost of $64.90 per share, for a total transaction of $4,867,500.00. Following the completion of the purchase, the director owned 8,087,580 shares of the company’s stock, valued at approximately $524,883,942. The trade was a 0.94% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders purchased 173,800 shares of company stock valued at $11,327,673. 20.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on LOAR. Morgan Stanley set a $91.00 price objective on shares of Loar in a report on Friday, May 8th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $98.00 price objective on shares of Loar in a report on Thursday, February 26th. Jefferies Financial Group set a $75.00 price objective on shares of Loar in a report on Sunday, May 10th. Wall Street Zen lowered shares of Loar from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Finally, Citigroup decreased their price target on shares of Loar from $83.00 to $71.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $83.00.

Loar Price Performance

LOAR opened at $63.51 on Monday. Loar Holdings Inc. has a one year low of $53.15 and a one year high of $90.81. The company has a debt-to-equity ratio of 0.80, a current ratio of 4.56 and a quick ratio of 2.89. The company’s 50 day simple moving average is $60.98 and its 200-day simple moving average is $65.62. The stock has a market capitalization of $5.95 billion, a P/E ratio of 89.44 and a beta of 0.68.

Loar (NYSE:LOAR) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.15 by $0.19. Loar had a net margin of 12.64% and a return on equity of 8.47%. The business had revenue of $156.09 million for the quarter, compared to analysts’ expectations of $149.71 million. During the same period in the prior year, the firm earned $0.16 earnings per share. Loar’s revenue was up 36.1% compared to the same quarter last year. Loar has set its FY 2026 guidance at 1.260-1.300 EPS. Sell-side analysts anticipate that Loar Holdings Inc. will post 1.16 earnings per share for the current fiscal year.

Loar Profile

Loar Holdings Inc, through its subsidiaries, designs, manufactures, and markets aerospace and defense components for aircraft, and aerospace and defense systems in the United States and internationally. It offers products in various categories, which include airframe components, structural components, avionics, composites, braking system components, de-ice and ice protection, electro-mechanical, engineered materials, flight controls, fluid and motion controls, environmental, metal forming, molded components, and restraints and safety devices.