Sei Investments Co. Acquires 11,882 Shares of Loar Holdings Inc. $LOAR

Sei Investments Co. increased its holdings in Loar Holdings Inc. (NYSE:LOAR) by 5.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 214,791 shares of the company’s stock after buying an additional 11,882 shares during the quarter. Sei Investments Co. owned 0.23% of Loar worth $12,305,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Capricorn Fund Managers Ltd purchased a new position in shares of Loar during the 4th quarter worth $4,760,000. UBS Group AG increased its stake in shares of Loar by 266.0% in the 4th quarter. UBS Group AG now owns 1,276,780 shares of the company’s stock worth $86,821,000 after purchasing an additional 927,908 shares in the last quarter. WINTON GROUP Ltd purchased a new stake in shares of Loar in the 4th quarter worth $1,836,000. Seven Grand Managers LLC raised its holdings in Loar by 33.3% in the 4th quarter. Seven Grand Managers LLC now owns 100,000 shares of the company’s stock worth $6,800,000 after purchasing an additional 25,000 shares during the period. Finally, Yorktown Management & Research Co Inc bought a new position in Loar in the 4th quarter worth $544,000.

Loar Stock Up 0.4%

Shares of LOAR stock opened at $68.50 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 4.56 and a quick ratio of 2.89. Loar Holdings Inc. has a one year low of $53.15 and a one year high of $83.43. The company’s fifty day moving average price is $70.37 and its 200-day moving average price is $66.66. The company has a market capitalization of $6.41 billion, a price-to-earnings ratio of 96.48 and a beta of 0.47.

Loar (NYSE:LOAR) last issued its earnings results 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 8.47%. The company had revenue of $156.09 million during the quarter, compared to the consensus estimate of $149.71 million. During the same quarter in the prior year, the firm posted $0.16 EPS. Loar’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. Sell-side analysts expect that Loar Holdings Inc. will post 1.16 EPS for the current fiscal year.

Insider Activity at Loar

In other news, Director Taiwo K. Danmola sold 35,000 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $60.59, for a total value of $2,120,650.00. Following the transaction, the director directly owned 54,286 shares in the company, valued at $3,289,188.74. The trade was a 39.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 20.10% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Royal Bank Of Canada lowered their target price on Loar from $90.00 to $80.00 and set an “outperform” rating on the stock in a research report on Friday, May 8th. Citigroup upped their price target on Loar from $71.00 to $87.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. Weiss Ratings raised Loar from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, July 10th. Zacks Research raised Loar from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 7th. Finally, Jefferies Financial Group set a $75.00 price objective on Loar in a research note on Sunday, May 10th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $84.40.

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.