Loar Holdings Inc. $LOAR Stock Holdings Decreased by Franklin Resources Inc.

Franklin Resources Inc. lowered its position in shares of Loar Holdings Inc. (NYSE:LOAR) by 48.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 98,909 shares of the company’s stock after selling 92,166 shares during the quarter. Franklin Resources Inc. owned 0.11% of Loar worth $8,523,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. raised its stake in Loar by 390.1% during the 2nd quarter. PNC Financial Services Group Inc. now owns 348 shares of the company’s stock valued at $30,000 after purchasing an additional 277 shares during the period. Caitong International Asset Management Co. Ltd boosted its position in shares of Loar by 5,286.7% in the first quarter. Caitong International Asset Management Co. Ltd now owns 808 shares of the company’s stock worth $57,000 after buying an additional 793 shares during the period. KBC Group NV purchased a new position in shares of Loar during the second quarter valued at $82,000. MetLife Investment Management LLC raised its position in Loar by 16.1% during the first quarter. MetLife Investment Management LLC now owns 2,014 shares of the company’s stock valued at $142,000 after buying an additional 279 shares during the period. Finally, Nvwm LLC acquired a new position in Loar during the second quarter valued at $154,000.

Loar Trading Up 0.7%

NYSE:LOAR opened at $68.45 on Friday. The company has a market capitalization of $6.41 billion, a P/E ratio of 103.71 and a beta of 0.19. The stock’s 50 day moving average price is $75.69 and its 200 day moving average price is $77.59. The company has a debt-to-equity ratio of 0.24, a quick ratio of 3.81 and a current ratio of 5.92. Loar Holdings Inc. has a 52 week low of $62.10 and a 52 week high of $99.67.

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

Analyst Ratings Changes

A number of brokerages have commented on LOAR. Morgan Stanley decreased their price objective on Loar from $100.00 to $97.00 and set an “overweight” rating for the company in a research report on Thursday, November 13th. Zacks Research upgraded shares of Loar from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. The Goldman Sachs Group initiated coverage on shares of Loar in a research report on Tuesday. They set a “buy” rating and a $91.00 price objective on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Loar in a research report on Tuesday. Finally, Wall Street Zen upgraded shares of Loar from a “hold” rating to a “buy” rating in a report on Saturday, August 16th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $94.75.

Loar Company 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.