Capital International Sarl Makes New $2.58 Million Investment in Loar Holdings Inc. $LOAR

Capital International Sarl acquired a new position in Loar Holdings Inc. (NYSE:LOAR) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 37,931 shares of the company’s stock, valued at approximately $2,579,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Rakuten Securities Inc. purchased a new position in Loar in the second quarter worth $27,000. Fifth Third Bancorp purchased a new position in Loar in the fourth quarter worth $28,000. PNC Financial Services Group Inc. boosted its position in Loar by 122.4% in the third quarter. PNC Financial Services Group Inc. now owns 774 shares of the company’s stock worth $62,000 after purchasing an additional 426 shares during the last quarter. Danske Bank A S purchased a new position in Loar in the fourth quarter worth $62,000. Finally, Tower Research Capital LLC TRC boosted its position in Loar by 347.0% in the second quarter. Tower Research Capital LLC TRC now owns 970 shares of the company’s stock worth $84,000 after purchasing an additional 753 shares during the last quarter.

Wall Street Analysts Forecast Growth

LOAR has been the topic of several research analyst reports. The Goldman Sachs Group reissued a “buy” rating and issued a $98.00 price objective on shares of Loar in a research report on Thursday, February 26th. Morgan Stanley set a $91.00 price target on Loar in a research report on Friday, May 8th. Zacks Research raised Loar to a “hold” rating in a research report on Monday, March 9th. Royal Bank Of Canada dropped their price target on Loar from $90.00 to $80.00 and set an “outperform” rating on the stock in a research report on Friday, May 8th. Finally, Wall Street Zen cut Loar from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $83.00.

Loar Stock Up 0.3%

Shares of NYSE 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 business’s fifty day moving average price is $60.98 and its 200-day moving average price is $65.62. The stock has a market capitalization of $5.95 billion, a PE ratio of 89.44 and a beta of 0.68.

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

Insider Buying and Selling at Loar

In related news, insider Dirkson R. Charles acquired 36,434 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The shares were acquired at an average price of $67.45 per share, with a total value of $2,457,473.30. Following the acquisition, the insider owned 4,087,005 shares of the company’s stock, valued at approximately $275,668,487.25. This trade represents a 0.90% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Anthony Carpenito acquired 4,750 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The shares were bought at an average cost of $64.97 per share, for a total transaction of $308,607.50. Following the acquisition, the director directly owned 4,750 shares in the company, valued at $308,607.50. This represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought a total of 173,800 shares of company stock worth $11,327,673 in the last three months. 20.10% of the stock is currently owned by corporate insiders.

Loar Company 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.