Loar (NYSE:LOAR) Given New $80.00 Price Target at Royal Bank Of Canada

Loar (NYSE:LOAR) had its price objective decreased by Royal Bank Of Canada from $90.00 to $80.00 in a research note published on Friday morning, MarketBeat reports. Royal Bank Of Canada currently has an outperform rating on the stock.

LOAR has been the topic of several other reports. Morgan Stanley set a $91.00 price objective on shares of Loar in a research report on Friday. Citigroup lowered their price objective on shares of Loar from $83.00 to $71.00 and set a “buy” rating on the stock in a research report on Thursday, April 2nd. Wall Street Zen cut shares of Loar from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. The Goldman Sachs Group reiterated a “buy” rating and set a $98.00 price objective on shares of Loar in a research report on Thursday, February 26th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Loar in a research report on Friday, April 10th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $85.00.

Loar Trading Down 0.4%

Loar stock opened at $59.88 on Friday. The firm has a market cap of $5.61 billion, a price-to-earnings ratio of 84.34 and a beta of 0.55. Loar has a 1 year low of $53.15 and a 1 year high of $99.67. The firm’s 50 day moving average price is $63.04 and its two-hundred day moving average price is $67.73. The company has a debt-to-equity ratio of 0.61, a quick ratio of 2.98 and a current ratio of 4.70.

Loar (NYSE:LOAR) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.19. Loar had a net margin of 12.64% and a return on equity of 8.52%. The firm had revenue of $156.09 million for the quarter, compared to analysts’ expectations of $149.71 million. During the same period in the previous year, the company posted $0.16 EPS. The company’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. On average, research analysts predict that Loar will post 0.66 EPS for the current fiscal year.

Insider Activity at Loar

In related news, insider Dirkson R. Charles purchased 36,434 shares of the stock in a transaction dated Thursday, March 12th. The shares were acquired at an average cost of $67.45 per share, for a total transaction of $2,457,473.30. Following the acquisition, the insider directly owned 4,087,005 shares in the company, valued at approximately $275,668,487.25. The trade was a 0.90% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Anthony Carpenito purchased 4,750 shares of the stock in a transaction dated Thursday, March 12th. The shares were bought at an average price of $64.97 per share, for a total transaction of $308,607.50. Following the completion of the acquisition, the director owned 4,750 shares in the company, valued at $308,607.50. This represents a ? increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders have acquired 173,800 shares of company stock valued at $11,327,673. Insiders own 20.10% of the company’s stock.

Hedge Funds Weigh In On Loar

Several institutional investors and hedge funds have recently modified their holdings of LOAR. 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 in the last quarter. Wasatch Advisors LP boosted its holdings 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 in the last quarter. T. Rowe Price Investment Management Inc. boosted 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 boosted its holdings in Loar by 17.2% in the fourth quarter. Bamco Inc. NY now owns 2,119,505 shares of the company’s stock worth $144,126,000 after purchasing an additional 310,406 shares in the last quarter. Finally, State Street Corp boosted its holdings in Loar by 18.1% in the fourth quarter. State Street Corp now owns 1,880,955 shares of the company’s stock worth $127,905,000 after purchasing an additional 288,095 shares in the last quarter.

Loar News Summary

Here are the key news stories impacting Loar this week:

• Positive Sentiment: Loar reported record Q1 2026 results, with earnings of $0.34 per share topping estimates and revenue of $156.1 million beating expectations, helped by 36.1% year-over-year sales growth. Article Title
• Positive Sentiment: The company raised FY 2026 guidance to $645 million-$655 million in sales and $1.26-$1.30 in adjusted EPS, well above prior expectations, suggesting management sees continued momentum. Article Title
• Positive Sentiment: Management also highlighted a $700 million new business pipeline, which points to additional future demand and supports the growth story. Article Title
• Neutral Sentiment: Royal Bank of Canada cut its price target to $80 from $90 but kept an outperform rating, which still implies upside from current levels. Article Title

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.