Segall Bryant & Hamill LLC Acquires 97,891 Shares of Loar Holdings Inc. $LOAR

Segall Bryant & Hamill LLC raised its stake in Loar Holdings Inc. (NYSE:LOAR) by 126.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 175,152 shares of the company’s stock after purchasing an additional 97,891 shares during the period. Segall Bryant & Hamill LLC owned 0.19% of Loar worth $14,012,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Rakuten Securities Inc. bought a new stake in shares of Loar during the 2nd quarter worth about $27,000. PNC Financial Services Group Inc. boosted its holdings in shares of Loar by 390.1% during the second quarter. PNC Financial Services Group Inc. now owns 348 shares of the company’s stock worth $30,000 after acquiring an additional 277 shares during the period. Farther Finance Advisors LLC grew its position in shares of Loar by 8,383.3% in the third quarter. Farther Finance Advisors LLC now owns 509 shares of the company’s stock valued at $41,000 after purchasing an additional 503 shares during the last quarter. KBC Group NV bought a new position in shares of Loar during the second quarter worth approximately $82,000. Finally, Tower Research Capital LLC TRC lifted its holdings in Loar by 347.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 970 shares of the company’s stock worth $84,000 after purchasing an additional 753 shares during the last quarter.

Loar Stock Performance

NYSE LOAR opened at $72.62 on Wednesday. The firm’s 50 day simple moving average is $69.21 and its 200 day simple moving average is $72.39. The firm has a market capitalization of $6.80 billion, a price-to-earnings ratio of 96.83 and a beta of 0.34. The company has a current ratio of 5.92, a quick ratio of 3.81 and a debt-to-equity ratio of 0.24. Loar Holdings Inc. has a 1 year low of $62.10 and a 1 year high of $99.67.

Loar (NYSE:LOAR) last announced its quarterly earnings data on Thursday, February 26th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.19 by $0.07. The business had revenue of $131.75 million during the quarter, compared to the consensus estimate of $128.00 million. Loar had a net margin of 14.54% and a return on equity of 7.62%. The company’s revenue was up 19.3% on a year-over-year basis. During the same period 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. As a group, research analysts expect that Loar Holdings Inc. will post 0.28 earnings per share for the current fiscal year.

Analysts Set New Price Targets

LOAR has been the topic of a number of recent research reports. Wall Street Zen lowered shares of Loar from a “buy” rating to a “hold” rating in a research report on Saturday. Weiss Ratings restated a “hold (c)” rating on shares of Loar in a research report on Monday, December 29th. Royal Bank Of Canada dropped their price target on shares of Loar from $92.00 to $90.00 and set an “outperform” rating for the company in a research report on Wednesday, February 18th. The Goldman Sachs Group reiterated a “buy” rating and issued a $98.00 price target on shares of Loar in a research note on Thursday, February 26th. Finally, Morgan Stanley lowered their price objective on Loar from $100.00 to $97.00 and set an “overweight” rating on the stock in a research note on Thursday, November 13th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Loar has an average rating of “Buy” and an average target price of $92.00.

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.