B. Metzler seel. Sohn & Co. AG Acquires 8,807 Shares of Loar Holdings Inc. $LOAR

B. Metzler seel. Sohn & Co. AG boosted its holdings in shares of Loar Holdings Inc. (NYSE:LOAR) by 37.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 32,062 shares of the company’s stock after acquiring an additional 8,807 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Loar were worth $2,180,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of LOAR. Royal Bank of Canada lifted its holdings in shares of Loar by 7.6% in the first quarter. Royal Bank of Canada now owns 15,310 shares of the company’s stock valued at $1,082,000 after purchasing an additional 1,081 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Loar by 10.1% in the first quarter. Goldman Sachs Group Inc. now owns 538,592 shares of the company’s stock valued at $38,052,000 after purchasing an additional 49,629 shares in the last quarter. Prudential Financial Inc. bought a new stake in Loar during the second quarter worth about $245,000. Russell Investments Group Ltd. bought a new stake in Loar during the second quarter worth about $945,000. Finally, WINTON GROUP Ltd bought a new stake in Loar during the second quarter worth about $204,000.

Insiders Place Their Bets

In other news, Director Anthony Carpenito bought 4,750 shares of the firm’s stock in a transaction dated Thursday, March 12th. The shares were bought at an average price of $64.97 per share, with a total value of $308,607.50. Following the completion of the transaction, the director owned 4,750 shares of the company’s stock, valued at $308,607.50. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Dirkson R. Charles bought 36,434 shares of the firm’s stock in a transaction dated Thursday, March 12th. The stock was purchased at an average cost of $67.45 per share, for a total transaction of $2,457,473.30. Following the transaction, the insider directly owned 4,087,005 shares of the company’s stock, valued at $275,668,487.25. The trade was a 0.90% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought 173,800 shares of company stock worth $11,327,673 in the last three months. 22.60% of the stock is owned by corporate insiders.

Loar Price Performance

Shares of NYSE LOAR opened at $57.50 on Friday. The business’s 50 day moving average price is $64.12 and its two-hundred day moving average price is $68.91. The company has a market cap of $5.38 billion, a PE ratio of 76.66 and a beta of 0.89. The company has a quick ratio of 2.98, a current ratio of 4.70 and a debt-to-equity ratio of 0.61. Loar Holdings Inc. has a twelve month low of $54.58 and a twelve month high of $99.67.

Loar (NYSE:LOAR) last announced its quarterly earnings results on Thursday, February 26th. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.07. The firm had revenue of $131.75 million for the quarter, compared to the consensus estimate of $128.00 million. Loar had a return on equity of 7.54% and a net margin of 14.54%.The business’s revenue was up 19.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.11 earnings per share. Loar has set its FY 2026 guidance at 0.760-0.800 EPS. On average, analysts predict that Loar Holdings Inc. will post 0.66 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Royal Bank Of Canada dropped their target price on Loar from $92.00 to $90.00 and set an “outperform” rating on the stock in a report on Wednesday, February 18th. Citigroup dropped their target price on Loar from $83.00 to $71.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd. The Goldman Sachs Group reiterated a “buy” rating and set a $98.00 target price on shares of Loar in a report on Thursday, February 26th. Wall Street Zen lowered Loar from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Finally, Zacks Research upgraded Loar to a “hold” rating in a report on Monday, March 9th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $89.00.

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.