Glenmede Trust Co. NA Sells 7,220 Shares of Loar Holdings Inc. $LOAR

Glenmede Trust Co. NA decreased its position in shares of Loar Holdings Inc. (NYSE:LOAR) by 43.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,322 shares of the company’s stock after selling 7,220 shares during the period. Glenmede Trust Co. NA’s holdings in Loar were worth $534,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Capital International Investors lifted its holdings in shares of Loar by 61.8% during the 4th 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 during the last quarter. Wasatch Advisors LP grew 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 worth $201,031,000 after buying an additional 444,049 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its position 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 in the last quarter. Bamco Inc. NY increased its position in 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 in the last quarter. Finally, State Street Corp raised its stake in Loar by 18.1% in 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 last quarter.

Loar Stock Down 2.0%

LOAR stock opened at $71.07 on Friday. The company has a market capitalization of $6.65 billion, a P/E ratio of 98.70 and a beta of 0.56. Loar Holdings Inc. has a 12 month low of $53.15 and a 12 month high of $83.43. The firm’s fifty day simple moving average is $71.37 and its 200-day simple moving average is $66.69. 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 issued its earnings results on Thursday, August 6th. The company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.07. The firm had revenue of $171.58 million during the quarter, compared to analysts’ expectations of $162.80 million. Loar had a net margin of 11.60% and a return on equity of 9.42%. The firm’s revenue was up 39.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.23 earnings per share. Loar has set its FY 2026 guidance at 1.320-1.360 EPS. As a group, equities research analysts forecast that Loar Holdings Inc. will post 1.16 earnings per share for the current year.

Insider Activity

In other news, Director Taiwo K. Danmola sold 35,000 shares of the business’s stock in a transaction dated 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 transaction, the director 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 sale was disclosed in a filing with the SEC, which is available through the SEC website. 20.10% of the stock is currently owned by company insiders.

More Loar News

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

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. 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. Weiss Ratings raised shares of Loar from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, July 10th. Royal Bank Of Canada lifted their target price on shares of Loar from $80.00 to $85.00 and gave the stock an “outperform” rating in a research note on Friday. Citigroup upped their price target on shares of Loar from $71.00 to $87.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. Finally, Zacks Research cut shares of Loar from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $85.40.

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.