Fred Alger Management LLC Acquires 152,136 Shares of Loar Holdings Inc. $LOAR

Fred Alger Management LLC lifted its holdings in shares of Loar Holdings Inc. (NYSE:LOAR) by 29.5% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 667,893 shares of the company’s stock after buying an additional 152,136 shares during the period. Fred Alger Management LLC owned about 0.71% of Loar worth $53,431,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Rakuten Securities Inc. bought a new position in Loar in the second quarter valued at about $27,000. PNC Financial Services Group Inc. raised its stake in 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 in the last quarter. Farther Finance Advisors LLC lifted its holdings 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 worth $41,000 after acquiring an additional 503 shares during the last quarter. KBC Group NV bought a new position in shares of Loar in the second quarter worth about $82,000. Finally, Tower Research Capital LLC TRC boosted its stake in shares of Loar by 347.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 970 shares of the company’s stock valued at $84,000 after purchasing an additional 753 shares in the last quarter.

Key Loar News

Here are the key news stories impacting Loar this week:

• Positive Sentiment: Significant insider buying: Director Raja Bobbili bought 50,000 shares at ~$63.61 (≈$3.18M) and major holder Dirkson R. Charles purchased a total of ~44,000 shares across Mar 10–12 (~$2.97M). Large, contemporaneous insider purchases signal management/insider confidence and likely supported the stock’s uptick. Read More. | Read More.
• Positive Sentiment: Earnings beat and forward guide: Loar reported $0.26 EPS vs. $0.19 consensus and $131.8M revenue vs. $128M; revenue rose ~19% y/y and management set FY‑2026 EPS guidance of $0.760–0.800 — this gives investors better visibility and supports the rally. Read More.
• Neutral Sentiment: Peer comparison: Recent coverage comparing Loar to Hexcel (HXL) provides useful sector/relative‑valuation context but is not an immediate catalyst. Read More.
• Neutral Sentiment: Institutional flows: Some institutions increased positions in Q4 (e.g., T. Rowe Price), but recent purchases reported are modest relative to Loar’s market cap and are unlikely alone to drive big moves. Read More.
• Negative Sentiment: Mixed analyst views could limit near‑term upside: several banks have trimmed targets or cautioned even as others reaffirm buy ratings; and the shares trade at a high P/E and below some moving averages, which can act as resistance until growth sustainability is clearer. Read More.

Insider Activity

In other Loar news, Director Anthony Carpenito purchased 4,750 shares of the business’s stock in a transaction dated Thursday, March 12th. The shares were bought at an average price of $64.97 per share, for a total transaction of $308,607.50. Following the completion of the acquisition, the director owned 4,750 shares in the company, valued at approximately $308,607.50. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Raja Bobbili acquired 50,000 shares of Loar stock in a transaction that occurred on Thursday, March 12th. The stock was acquired at an average cost of $63.61 per share, for a total transaction of $3,180,500.00. Following the purchase, the director owned 50,000 shares of the company’s stock, valued at $3,180,500. The trade was a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders acquired 98,800 shares of company stock valued at $6,460,173. Insiders own 22.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Royal Bank Of Canada decreased their price target on shares of Loar from $92.00 to $90.00 and set an “outperform” rating on the stock in a report on Wednesday, February 18th. Citigroup raised their target price on shares of Loar from $81.00 to $83.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Wall Street Zen cut shares of Loar from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Loar in a report on Monday, December 29th. Finally, Zacks Research upgraded Loar to a “hold” rating in a research note on Monday, March 9th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Loar has a consensus rating of “Moderate Buy” and an average target price of $92.00.

Loar Stock Performance

Loar stock opened at $64.70 on Monday. The business has a 50 day moving average of $69.21 and a 200-day moving average of $72.23. Loar Holdings Inc. has a 1 year low of $62.05 and a 1 year high of $99.67. The company has a debt-to-equity ratio of 0.61, a current ratio of 4.70 and a quick ratio of 2.98. The company has a market capitalization of $6.06 billion, a P/E ratio of 86.27 and a beta of 0.34.

Loar (NYSE:LOAR) last issued its quarterly earnings data on Thursday, February 26th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.07. Loar had a net margin of 14.54% and a return on equity of 7.54%. The business had revenue of $131.75 million during the quarter, compared to analyst estimates of $128.00 million. During the same quarter last year, the business earned $0.11 EPS. The firm’s quarterly revenue was up 19.3% on a year-over-year basis. Loar has set its FY 2026 guidance at 0.760-0.800 EPS. On average, equities research analysts predict that Loar Holdings Inc. will post 0.28 earnings per share for the current year.

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.