Royal Bank of Canada Purchases 114,674 Shares of Loar Holdings Inc. $LOAR

Royal Bank of Canada grew its position in Loar Holdings Inc. (NYSE:LOAR) by 236.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 163,154 shares of the company’s stock after acquiring an additional 114,674 shares during the period. Royal Bank of Canada’s holdings in Loar were worth $9,348,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of LOAR. Capital International Investors increased its position in Loar by 61.8% during the fourth quarter. Capital International Investors now owns 7,218,814 shares of the company’s stock worth $490,879,000 after buying an additional 2,757,297 shares during the last quarter. Wasatch Advisors LP lifted its position in shares of Loar by 14.5% in the first quarter. Wasatch Advisors LP now owns 3,509,014 shares of the company’s stock valued at $201,031,000 after buying an additional 444,049 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its position in shares of Loar by 39.0% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,533,540 shares of the company’s stock valued at $172,281,000 after buying an additional 711,182 shares during the last quarter. Bamco Inc. NY boosted its stake in shares of Loar by 17.2% during the 4th quarter. Bamco Inc. NY now owns 2,119,505 shares of the company’s stock worth $144,126,000 after acquiring an additional 310,406 shares during the period. Finally, State Street Corp increased its holdings in shares of Loar by 18.1% during the 4th quarter. State Street Corp now owns 1,880,955 shares of the company’s stock worth $127,905,000 after acquiring an additional 288,095 shares during the last quarter.

Insider Transactions at Loar

In other Loar news, Director Taiwo K. Danmola sold 35,000 shares of the company’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 completion of the transaction, the director directly owned 54,286 shares in the company, valued at approximately $3,289,188.74. This represents a 39.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 20.10% of the stock is currently owned by company insiders.

Key Headlines Impacting Loar

Here are the key news stories impacting Loar this week:

• Positive Sentiment: Royal Bank of Canada raised its price target on Loar from $80 to $85 and reiterated an “outperform” rating, implying meaningful upside from recent trading levels. Benzinga
• Positive Sentiment: Loar exceeded second-quarter expectations: adjusted EPS was $0.38 versus the $0.31 consensus estimate, while revenue reached approximately $171.6 million, up 39.4% year over year and ahead of the $162.8 million estimate. Adjusted EBITDA increased 47.4% to $69.4 million, with margin expanding to 40.5%. Loar Q2 earnings report
• Positive Sentiment: Management raised its fiscal 2026 outlook to EPS of $1.32–$1.36 and revenue of $665 million–$675 million, above consensus estimates of $1.28 EPS and $652.5 million revenue. The increase reflects strong aerospace and defense demand and a robust new-business pipeline. Loar Q2 results and outlook
• Positive Sentiment: Recent insider activity was reportedly entirely on the buy side, while several institutional investors increased their Loar positions, providing an additional signal of confidence in the company’s long-term prospects.
• Neutral Sentiment: Investor’s Business Daily described Loar as forming a potential new buy point but pulling back toward an important support level. A decisive move above resistance could strengthen the technical outlook, while failure to hold support may keep the stock volatile. Loar technical setup
• Negative Sentiment: Zacks Research downgraded Loar from “strong buy” to “hold,” tempering the positive impact of the earnings beat and higher guidance. With the shares trading at an elevated earnings multiple, further gains may depend on continued strong execution and additional upward revisions. Zacks Research

Analyst Upgrades and Downgrades

LOAR has been the topic of several research reports. Jefferies Financial Group reiterated a “buy” rating and issued a $88.00 price objective on shares of Loar in a report on Sunday. Citigroup lifted their target price on shares of Loar from $71.00 to $87.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. Royal Bank Of Canada increased their price target on shares of Loar from $80.00 to $85.00 and gave the company an “outperform” rating in a report on Friday. Morgan Stanley restated an “equal weight” rating and set a $82.00 price objective (down from $91.00) on shares of Loar in a research report on Wednesday, July 15th. Finally, Zacks Research cut Loar from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 5th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Loar presently has an average rating of “Moderate Buy” and a consensus price target of $88.00.

Loar Price Performance

Shares of NYSE:LOAR opened at $71.07 on Monday. The firm has a 50 day moving average of $71.37 and a 200-day moving average of $66.63. Loar Holdings Inc. has a 12 month low of $53.15 and a 12 month high of $83.43. The company has a current ratio of 4.91, a quick ratio of 3.24 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $6.66 billion, a PE ratio of 98.70 and a beta of 0.57.

Loar (NYSE:LOAR) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.07. Loar had a return on equity of 9.37% and a net margin of 11.60%.The business had revenue of $171.58 million for the quarter, compared to analyst estimates of $162.80 million. During the same period last year, the firm posted $0.23 earnings per share. Loar’s revenue was up 39.4% compared to the same quarter last year. Loar has set its FY 2026 guidance at 1.320-1.360 EPS. On average, equities research analysts predict that Loar Holdings Inc. will post 1.16 EPS 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.