Karman Holdings Inc. $KRMN Holdings Boosted by Kornitzer Capital Management Inc. KS

Kornitzer Capital Management Inc. KS increased its stake in Karman Holdings Inc. (NYSE:KRMN) by 23.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 123,405 shares of the company’s stock after purchasing an additional 23,200 shares during the period. Kornitzer Capital Management Inc. KS owned approximately 0.09% of Karman worth $4,001,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in KRMN. Pictet Asset Management Holding SA increased its position in shares of Karman by 63.8% during the 3rd quarter. Pictet Asset Management Holding SA now owns 14,572 shares of the company’s stock valued at $472,000 after purchasing an additional 5,678 shares during the last quarter. Pekin Hardy Strauss Inc. purchased a new position in Karman in the 3rd quarter worth $1,187,000. Conestoga Capital Advisors LLC boosted its position in Karman by 8.1% during the third quarter. Conestoga Capital Advisors LLC now owns 863,076 shares of the company’s stock valued at $27,981,000 after buying an additional 64,580 shares during the period. Oregon Public Employees Retirement Fund purchased a new position in shares of Karman in the third quarter worth about $908,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al lifted its position in Karman by 170.8% in the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 13,000 shares of the company’s stock valued at $421,000 after purchasing an additional 8,200 shares during the last quarter.

Key Headlines Impacting Karman

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

Insiders Place Their Bets

In other news, Director David Stinnett acquired 27,000 shares of Karman stock in a transaction on Wednesday, September 16th. The stock was acquired at an average cost of $37.32 per share, for a total transaction of $1,007,640.00. Following the purchase, the director owned 3,530,395 shares in the company, valued at $131,754,341.40. This trade represents a 0.77% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 5.77% of the company’s stock.

Karman Trading Down 1.2%

NYSE KRMN opened at $45.06 on Monday. Karman Holdings Inc. has a 12 month low of $29.34 and a 12 month high of $118.38. The company has a current ratio of 3.10, a quick ratio of 2.87 and a debt-to-equity ratio of 2.21. The stock’s fifty day moving average price is $35.93 and its 200-day moving average price is $62.50. The stock has a market cap of $5.97 billion, a P/E ratio of 115.54 and a beta of 0.44.

Karman (NYSE:KRMN) last posted its quarterly earnings results on Friday, November 6th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.03. The firm had revenue of $201.62 million during the quarter. Karman had a return on equity of 17.68% and a net margin of 7.54%. Karman’s revenue for the quarter was up 65.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.10 EPS. As a group, equities analysts forecast that Karman Holdings Inc. will post 0.63 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have weighed in on KRMN shares. Weiss Ratings raised shares of Karman from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. Royal Bank Of Canada lowered their target price on Karman from $70.00 to $60.00 and set an “outperform” rating for the company in a research note on Wednesday, October 28th. Guggenheim began coverage on shares of Karman in a research note on Monday, September 14th. They set a “buy” rating and a $63.00 price objective on the stock. Citigroup upped their price objective on shares of Karman from $76.00 to $78.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Finally, BWS Financial reaffirmed a “sell” rating and set a $37.00 target price on shares of Karman in a research note on Monday, August 10th. 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 company’s stock. According to MarketBeat.com, Karman currently has a consensus rating of “Moderate Buy” and an average target price of $73.00.

Karman Company Profile

Karman Holdings, Inc is an aerospace and defense company that designs and manufactures systems and components for missile and space programs. Its products support applications including propulsion, payload delivery, launch vehicles and spacecraft.

The company supplies mission-critical hardware such as rocket motor components, separation systems, structures and related assemblies. Its products are used by government and commercial customers across the United States and in international markets.

Karman brings together businesses with capabilities in engineering, manufacturing and testing for aerospace and defense applications.