WINTON GROUP Ltd Makes New Investment in Loar Holdings Inc. $LOAR

WINTON GROUP Ltd acquired a new position in shares of Loar Holdings Inc. (NYSE:LOAR) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 27,000 shares of the company’s stock, valued at approximately $1,836,000.

Other large investors have also recently added to or reduced their stakes in the company. Rakuten Securities Inc. bought a new stake in Loar during the second quarter worth about $27,000. Fifth Third Bancorp bought a new stake in Loar during the fourth quarter worth about $28,000. PNC Financial Services Group Inc. grew its stake in 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 during the last quarter. Danske Bank A S bought a new stake in shares of Loar during the fourth quarter valued at approximately $62,000. Finally, Tower Research Capital LLC TRC grew its stake in shares of Loar by 347.0% during the second quarter. Tower Research Capital LLC TRC now owns 970 shares of the company’s stock valued at $84,000 after purchasing an additional 753 shares during the last quarter.

Insiders Place Their Bets

In other Loar news, Director Anthony Carpenito acquired 4,750 shares of the business’s stock in a transaction that occurred on Thursday, March 12th. The shares were acquired at an average cost of $64.97 per share, for a total transaction of $308,607.50. Following the completion of the acquisition, the director directly owned 4,750 shares of the company’s stock, valued at approximately $308,607.50. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Dirkson R. Charles acquired 36,434 shares of the business’s stock in a transaction that occurred on Thursday, March 12th. The stock was acquired at an average price of $67.45 per share, for a total transaction of $2,457,473.30. Following the completion of the acquisition, the insider directly owned 4,087,005 shares of the company’s stock, valued at $275,668,487.25. This trade represents a 0.90% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders acquired a total of 173,800 shares of company stock valued at $11,327,673 over the last three months. 20.10% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on LOAR. Wall Street Zen cut shares of Loar from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Royal Bank Of Canada decreased their price target on shares of Loar from $90.00 to $80.00 and set an “outperform” rating on the stock in a research note on Friday, May 8th. The Goldman Sachs Group reissued a “buy” rating and set a $98.00 price target on shares of Loar in a research note on Thursday, February 26th. Zacks Research raised shares of Loar to a “hold” rating in a research note on Monday, March 9th. 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 analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Loar presently has a consensus rating of “Moderate Buy” and a consensus 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 0.69.

Loar (NYSE:LOAR) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.34 earnings per share 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 analyst estimates of $149.71 million. During the same period in the prior year, the business posted $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 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.