Aperture Investors LLC Purchases Shares of 56,671 Loar Holdings Inc. $LOAR

Aperture Investors LLC acquired a new position in Loar Holdings Inc. (NYSE:LOAR) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 56,671 shares of the company’s stock, valued at approximately $4,883,000. Aperture Investors LLC owned approximately 0.06% of Loar at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Marshall Wace LLP grew its stake in Loar by 2,104.8% during the second quarter. Marshall Wace LLP now owns 1,386,318 shares of the company’s stock worth $119,459,000 after purchasing an additional 1,323,442 shares during the period. T. Rowe Price Investment Management Inc. boosted its holdings in shares of Loar by 232.6% during the 1st 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 in the last quarter. Norges Bank acquired a new stake in shares of Loar during the 2nd quarter worth approximately $72,023,000. State Street Corp increased its stake in shares of Loar by 66.3% in the 2nd quarter. State Street Corp now owns 1,660,474 shares of the company’s stock valued at $143,083,000 after acquiring an additional 662,224 shares in the last quarter. Finally, Jennison Associates LLC acquired a new position in shares of Loar during the 2nd quarter valued at $49,595,000.

Loar Stock Performance

Shares of LOAR stock opened at $65.85 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 5.92 and a quick ratio of 3.81. The firm has a 50-day moving average of $74.09 and a 200-day moving average of $76.71. Loar Holdings Inc. has a one year low of $62.10 and a one year high of $99.67. The company has a market cap of $6.17 billion, a P/E ratio of 99.77 and a beta of 0.36.

Loar (NYSE:LOAR) last released its quarterly 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 business had revenue of $126.75 million for the quarter, compared to analysts’ expectations of $126.80 million. During the same period in the previous year, the company earned $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 and its FY 2025 guidance at 0.930-0.980 EPS. Equities research analysts forecast that Loar Holdings Inc. will post 0.28 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have commented on LOAR shares. Weiss Ratings restated a “hold (c)” rating on shares of Loar in a report on Monday. The Goldman Sachs Group initiated coverage on shares of Loar in a research report on Tuesday, November 25th. They set a “buy” rating and a $91.00 price objective on the stock. Wall Street Zen upgraded Loar from a “hold” rating to a “buy” rating in a research note on Saturday, August 16th. Morgan Stanley dropped their price target on Loar from $100.00 to $97.00 and set an “overweight” rating on the stock in a research note on Thursday, November 13th. Finally, Zacks Research upgraded Loar from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. One 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 company presently has an average rating of “Buy” and an average price target 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.