Intech Investment Management LLC Makes New Investment in Loar Holdings Inc. $LOAR

Intech Investment Management LLC bought a new position in Loar Holdings Inc. (NYSE:LOAR) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,560 shares of the company’s stock, valued at approximately $393,000.

Other large investors have also recently modified their holdings of the company. PNC Financial Services Group Inc. grew its position 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 last quarter. Caitong International Asset Management Co. Ltd lifted its stake 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 in the last quarter. KBC Group NV purchased a new stake in shares of Loar during the second quarter valued at approximately $82,000. MetLife Investment Management LLC grew its holdings in shares of 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 last quarter. Finally, Nvwm LLC bought a new stake in shares of Loar during the second quarter valued at approximately $154,000.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on LOAR. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Loar in a research report on Tuesday. Zacks Research raised Loar from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. The Goldman Sachs Group began coverage on Loar in a report on Tuesday. They issued a “buy” rating and a $91.00 price objective for the company. Wall Street Zen raised Loar from a “hold” rating to a “buy” rating in a research report on Saturday, August 16th. Finally, Morgan Stanley lowered their target price on shares of Loar from $100.00 to $97.00 and set an “overweight” rating on the stock in a research note on Thursday, November 13th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $94.75.

Loar Stock Up 0.7%

Loar stock opened at $68.45 on Friday. Loar Holdings Inc. has a one year low of $62.10 and a one year high of $99.67. The stock has a fifty day moving average of $75.69 and a 200 day moving average of $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. The stock has a market cap of $6.41 billion, a PE ratio of 103.71 and a beta of 0.19.

Loar (NYSE:LOAR) last announced its earnings results on Wednesday, November 12th. The company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.13. The business had revenue of $126.75 million for the quarter, compared to analysts’ expectations of $126.80 million. Loar had a return on equity of 6.45% and a net margin of 13.33%.The business’s revenue for the quarter was up 22.5% on a year-over-year basis. During the same period last 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. As a group, sell-side analysts predict that Loar Holdings Inc. will post 0.28 EPS for the current year.

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.