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) in the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 12,547 shares of the company’s stock, valued at approximately $719,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capital International Investors boosted its holdings in Loar by 61.8% in the fourth quarter. Capital International Investors now owns 7,218,814 shares of the company’s stock worth $490,879,000 after purchasing an additional 2,757,297 shares during the last quarter. Wasatch Advisors LP raised its stake in Loar by 14.5% during the 1st 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. raised its stake in Loar by 39.0% during the 4th 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 lifted its holdings 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 valued at $144,126,000 after buying an additional 310,406 shares during the period. Finally, State Street Corp lifted 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 valued at $127,905,000 after buying an additional 288,095 shares during the period.

Insider Activity at Loar

In other news, Director Taiwo K. Danmola sold 35,000 shares of Loar stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $60.59, for a total transaction of $2,120,650.00. Following the transaction, the director directly owned 54,286 shares of the company’s stock, valued at $3,289,188.74. The trade was a 39.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 20.10% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on LOAR shares. Citigroup lifted their price objective on Loar from $71.00 to $87.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. Weiss Ratings raised Loar from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, July 10th. 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 research report on Friday, May 8th. Morgan Stanley restated an “equal weight” rating and set a $82.00 price target (down from $91.00) on shares of Loar in a research note on Wednesday, July 15th. Finally, Jefferies Financial Group set a $75.00 price objective on shares of Loar in a research note on Sunday, May 10th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $84.40.

Loar Trading Down 0.1%

NYSE:LOAR opened at $70.30 on Friday. Loar Holdings Inc. has a one year low of $53.15 and a one year high of $83.43. The business has a fifty day moving average price of $69.23 and a 200-day moving average price of $66.71. The firm has a market capitalization of $6.58 billion, a price-to-earnings ratio of 99.02 and a beta of 0.47. The company has a debt-to-equity ratio of 0.80, a current ratio of 4.56 and a quick ratio of 2.89.

Loar (NYSE:LOAR) last released its earnings results 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 return on equity of 8.47% and a net margin of 12.64%.The company had revenue of $156.09 million for the quarter, compared to the consensus estimate of $149.71 million. During the same period in the previous year, the business earned $0.16 earnings per share. Loar’s quarterly 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 forecast that Loar Holdings Inc. will post 1.16 EPS for the current 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.