Pekin Hardy Strauss Inc. bought a new stake in shares of Karman Holdings Inc. (NYSE:KRMN – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 36,602 shares of the company’s stock, valued at approximately $1,187,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Parkside Financial Bank & Trust increased its stake in Karman by 3,471.4% in the 2nd quarter. Parkside Financial Bank & Trust now owns 500 shares of the company’s stock worth $25,000 after purchasing an additional 486 shares during the period. CX Institutional bought a new stake in Karman in the second quarter valued at approximately $28,000. Tsfg LLC bought a new stake in Karman in the second quarter valued at approximately $30,000. Pinnacle Wealth Planning Services Inc. purchased a new stake in shares of Karman during the third quarter valued at approximately $32,000. Finally, Hilltop National Bank boosted its stake in shares of Karman by 87.8% during the second quarter. Hilltop National Bank now owns 1,258 shares of the company’s stock valued at $63,000 after purchasing an additional 588 shares during the period.
Karman Trading Up 40.4%
NYSE KRMN traded up $12.97 on Friday, hitting $45.06. The company’s stock had a trading volume of 10,164,826 shares, compared to its average volume of 2,970,484. The firm has a market cap of $5.97 billion, a P/E ratio of 115.54 and a beta of 0.45. Karman Holdings Inc. has a 52-week low of $29.34 and a 52-week high of $118.38. The company’s 50-day simple moving average is $35.93 and its 200 day simple moving average is $62.50. The company has a current ratio of 3.56, a quick ratio of 3.40 and a debt-to-equity ratio of 2.01.
Karman (NYSE:KRMN – Get Free Report) last posted its earnings results on Friday, November 6th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.03. Karman had a return on equity of 15.54% and a net margin of 6.31%. The firm had revenue of $201.62 million for the quarter. During the same period last year, the firm posted $0.10 earnings per share. Karman’s quarterly revenue was up 65.6% on a year-over-year basis. Research analysts predict that Karman Holdings Inc. will post 0.59 EPS for the current fiscal year.
Insider Buying and Selling
In related news, Director David Stinnett purchased 27,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 16th. The shares were acquired at an average price of $37.32 per share, for a total transaction of $1,007,640.00. Following the completion of the acquisition, the director directly owned 3,530,395 shares in the company, valued at approximately $131,754,341.40. The trade was a 0.77% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 5.77% of the stock is owned by insiders.
Analyst Ratings Changes
KRMN has been the topic of several analyst reports. UBS Group set a $40.00 target price on shares of Karman in a research note on Thursday, October 22nd. Weiss Ratings upgraded shares of Karman from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 8th. BWS Financial reissued a “sell” rating and set a $37.00 price target on shares of Karman in a research report on Monday, August 10th. Truist Financial cut their price target on shares of Karman from $118.00 to $85.00 and set a “buy” rating on the stock in a report on Thursday, August 13th. Finally, Barclays began coverage on shares of Karman in a research report on Friday, October 9th. They issued an “overweight” rating and a $79.00 price objective on the stock. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Karman has an average rating of “Moderate Buy” and an average target price of $73.00.
View Our Latest Report on Karman
Karman News Summary
Here are the key news stories impacting Karman this week:
- Positive Sentiment: Third-quarter adjusted EPS was $0.19, topping the $0.16 consensus estimate and doubling the year-ago $0.10. Revenue reached $201.62 million, up 65.6% year over year. Karman Q3 earnings and revenue beat estimates
- Positive Sentiment: Karman raised FY 2026 revenue guidance to $755 million–$760 million, above the $742.2 million analyst consensus. Its reported backlog of $1.7 billion adds support for the growth outlook. Karman’s revenue outlook and backlog
- Positive Sentiment: Piper Sandler reaffirmed its Overweight rating and raised its price target to $60 from $59. Piper Sandler rating update
- Negative Sentiment: Needham lowered its price target to $50 from $80, although it kept a Buy rating. The cut tempers the otherwise favorable analyst response to the results. Needham price-target update
Karman Profile
Karman Holdings Corp., doing business as Karman Space & Defense, is an aerospace and defense company that develops and manufactures mission-critical components, assemblies and structures. Its products are used in space-launch vehicles, missiles, hypersonic systems and other defense applications where performance, reliability and precision are essential.
The company’s capabilities include the production of composite and metallic structures, propulsion-related components, precision-machined parts and other highly engineered hardware.
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