Swiss National Bank Grows Holdings in Loar Holdings Inc. $LOAR

Swiss National Bank grew its stake in shares of Loar Holdings Inc. (NYSE:LOAR) by 72.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 62,500 shares of the company’s stock after buying an additional 26,200 shares during the quarter. Swiss National Bank owned 0.07% of Loar worth $5,386,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in Loar by 0.5% in the first quarter. Vanguard Group Inc. now owns 2,735,157 shares of the company’s stock valued at $193,239,000 after acquiring an additional 13,832 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Loar by 38.5% in the 1st quarter. Invesco Ltd. now owns 1,179,384 shares of the company’s stock worth $83,323,000 after purchasing an additional 327,888 shares in the last quarter. Nuveen LLC purchased a new position in shares of Loar in the 1st quarter worth about $6,300,000. Caitong International Asset Management Co. Ltd increased its position in shares of Loar by 5,286.7% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 808 shares of the company’s stock valued at $57,000 after purchasing an additional 793 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. raised its holdings in shares of Loar by 232.6% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 1,601,485 shares of the company’s stock valued at $113,145,000 after buying an additional 1,119,958 shares in the last quarter.

Loar Stock Performance

NYSE:LOAR opened at $67.17 on Tuesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 3.81 and a current ratio of 5.92. Loar Holdings Inc. has a fifty-two week low of $62.10 and a fifty-two week high of $99.67. The firm has a market cap of $6.29 billion, a PE ratio of 101.77 and a beta of 0.36. The business has a 50 day moving average price of $75.45 and a 200-day moving average price of $77.43.

Loar (NYSE:LOAR) last posted its quarterly earnings results on Wednesday, November 12th. The company reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.13. The company had revenue of $126.75 million during the quarter, compared to analyst estimates of $126.80 million. Loar had a net margin of 13.33% and a return on equity of 6.45%. The firm’s revenue was up 22.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.15 EPS. Loar has set its FY 2026 guidance at 0.980-1.03 EPS. FY 2025 guidance at 0.930-0.980 EPS. Equities research analysts predict that Loar Holdings Inc. will post 0.28 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on LOAR shares. Morgan Stanley dropped their target price on Loar from $100.00 to $97.00 and set an “overweight” rating for the company in a research report on Thursday, November 13th. Weiss Ratings restated a “hold (c)” rating on shares of Loar in a report on Tuesday, November 25th. The Goldman Sachs Group began coverage on shares of Loar in a research note on Tuesday, November 25th. They issued a “buy” rating and a $91.00 price objective for the company. Zacks Research upgraded shares of Loar from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th. Finally, Wall Street Zen raised shares of Loar from a “hold” rating to a “buy” rating in a research note on Saturday, August 16th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $94.75.

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.