Loar Holdings Inc. $LOAR Shares Acquired by Grandeur Peak Global Advisors LLC

Grandeur Peak Global Advisors LLC increased its holdings in shares of Loar Holdings Inc. (NYSE:LOAR) by 16.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,327 shares of the company’s stock after purchasing an additional 1,854 shares during the period. Grandeur Peak Global Advisors LLC’s holdings in Loar were worth $1,148,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. T. Rowe Price Investment Management Inc. boosted its stake in shares of Loar by 232.6% during the first quarter. T. Rowe Price Investment Management Inc. now owns 1,601,485 shares of the company’s stock worth $113,145,000 after buying an additional 1,119,958 shares during the period. Norges Bank acquired a new stake in Loar during the 2nd quarter worth approximately $72,023,000. Jennison Associates LLC acquired a new stake in Loar during the 2nd quarter worth approximately $49,595,000. Invesco Ltd. grew its stake in shares of Loar by 38.5% in the 1st quarter. Invesco Ltd. now owns 1,179,384 shares of the company’s stock valued at $83,323,000 after purchasing an additional 327,888 shares during the last quarter. Finally, ONE Advisory Partners LLC acquired a new position in shares of Loar in the second quarter valued at approximately $25,275,000.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Loar in a report on Tuesday. Morgan Stanley lowered their target price on shares of Loar from $100.00 to $97.00 and set an “overweight” rating on the stock in a report on Thursday, November 13th. Zacks Research upgraded shares of Loar from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. The Goldman Sachs Group started coverage on shares of Loar in a research report on Tuesday. They issued a “buy” rating and a $91.00 price objective for the company. Finally, Wall Street Zen raised Loar from a “hold” rating to a “buy” rating in a report on Saturday, August 16th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $94.75.

Loar Stock Performance

Shares of LOAR opened at $68.45 on Friday. The company has a quick ratio of 3.81, a current ratio of 5.92 and a debt-to-equity ratio of 0.24. Loar Holdings Inc. has a 52-week low of $62.10 and a 52-week high of $99.67. The company has a 50-day simple moving average of $75.69 and a 200-day simple moving average of $77.59. The company has a market capitalization of $6.41 billion, a PE ratio of 103.71 and a beta of 0.19.

Loar (NYSE:LOAR) last issued its earnings results on Wednesday, November 12th. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.13. Loar had a net margin of 13.33% and a return on equity of 6.45%. The company had revenue of $126.75 million for the quarter, compared to analyst estimates of $126.80 million. During the same period in the prior year, the business posted $0.15 earnings per share. The firm’s revenue for the quarter was up 22.5% compared to the same quarter last year. Loar has set its FY 2026 guidance at 0.980-1.03 EPS. FY 2025 guidance at 0.930-0.980 EPS. Equities research analysts predict that Loar Holdings Inc. will post 0.28 earnings per share for the current fiscal year.

Loar 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.