Capula Management Ltd Takes $719,000 Position in Loar Holdings Inc. $LOAR

Capula Management Ltd acquired a new stake in shares of Loar Holdings Inc. (NYSE:LOAR) during the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 12,547 shares of the company’s stock, valued at approximately $719,000.

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

Insider Buying and Selling

In other Loar news, Director Taiwo K. Danmola sold 35,000 shares of Loar stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $60.59, for a total value of $2,120,650.00. Following the completion of the sale, the director 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 20.10% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Weiss Ratings upgraded shares of Loar from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, July 10th. Citigroup boosted their price target on Loar from $71.00 to $87.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. Morgan Stanley restated an “equal weight” rating and issued a $82.00 price target (down from $91.00) on shares of Loar in a research note on Wednesday, July 15th. Zacks Research upgraded Loar from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 7th. Finally, Royal Bank Of Canada dropped their target price on Loar from $90.00 to $80.00 and set an “outperform” rating on the stock in a report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $84.40.

Loar Stock Down 0.1%

Shares of Loar stock opened at $70.30 on Friday. The company has a 50-day simple moving average of $69.23 and a two-hundred day simple moving average of $66.71. The stock has a market capitalization of $6.58 billion, a PE ratio of 99.02 and a beta of 0.47. Loar Holdings Inc. has a 52-week low of $53.15 and a 52-week high of $83.43. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.89 and a current ratio of 4.56.

Loar (NYSE:LOAR) last posted 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 net margin of 12.64% and a return on equity of 8.47%. 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 company posted $0.16 earnings per share. The business’s revenue for the quarter was up 36.1% on a year-over-year basis. Loar has set its FY 2026 guidance at 1.260-1.300 EPS. On average, analysts anticipate that Loar Holdings Inc. will post 1.16 EPS for the current fiscal year.

About Loar

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.