Royal Bank Of Canada Cuts Loar (NYSE:LOAR) Price Target to $80.00

Loar (NYSE:LOAR) had its target price trimmed by Royal Bank Of Canada from $90.00 to $80.00 in a research report released on Friday, Marketbeat reports. The firm currently has an outperform rating on the stock.

A number of other equities research analysts have also recently issued reports on LOAR. Morgan Stanley set a $91.00 price target on shares of Loar in a report on Friday. Weiss Ratings restated a “hold (c-)” rating on shares of Loar in a report on Friday, April 10th. The Goldman Sachs Group restated a “buy” rating and set a $98.00 price target on shares of Loar in a report on Thursday, February 26th. Zacks Research upgraded shares of Loar to a “hold” rating in a report on Monday, March 9th. Finally, Citigroup decreased their price target on shares of Loar from $83.00 to $71.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $83.00.

Loar Trading Up 0.1%

Shares of NYSE:LOAR opened at $59.88 on Friday. The company has a current ratio of 4.70, a quick ratio of 2.98 and a debt-to-equity ratio of 0.61. Loar has a 1 year low of $53.15 and a 1 year high of $99.67. The firm has a fifty day moving average price of $63.04 and a 200 day moving average price of $67.73. The stock has a market capitalization of $5.61 billion, a PE ratio of 84.34 and a beta of 0.55.

Loar (NYSE:LOAR) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.19. Loar had a net margin of 12.64% and a return on equity of 8.52%. The company had revenue of $156.09 million during the quarter, compared to analysts’ expectations of $149.71 million. During the same period in the prior year, the company earned $0.16 earnings per share. The business’s quarterly revenue was up 36.1% compared to the same quarter last year. Loar has set its FY 2026 guidance at 1.260-1.300 EPS. Analysts expect that Loar will post 0.66 EPS for the current fiscal year.

Insider Activity at Loar

In related news, insider Dirkson R. Charles bought 36,434 shares of Loar stock in a transaction that occurred on Thursday, March 12th. The stock was acquired at an average price of $67.45 per share, for a total transaction of $2,457,473.30. Following the completion of the purchase, the insider owned 4,087,005 shares in the company, valued at approximately $275,668,487.25. This represents a 0.90% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Anthony Carpenito bought 4,750 shares of Loar stock in a transaction that occurred on Thursday, March 12th. The stock was bought at an average price of $64.97 per share, with a total value of $308,607.50. Following the purchase, the director owned 4,750 shares of the company’s stock, valued at $308,607.50. This trade represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired a total of 173,800 shares of company stock worth $11,327,673 in the last three months. Corporate insiders own 20.10% of the company’s stock.

Institutional Investors Weigh In On Loar

Several hedge funds have recently made changes to their positions in LOAR. Royal Bank of Canada lifted its stake in shares of Loar by 7.6% in the first quarter. Royal Bank of Canada now owns 15,310 shares of the company’s stock valued at $1,082,000 after buying an additional 1,081 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Loar by 10.1% in the first quarter. Goldman Sachs Group Inc. now owns 538,592 shares of the company’s stock valued at $38,052,000 after buying an additional 49,629 shares during the period. Prudential Financial Inc. bought a new stake in shares of Loar in the second quarter valued at about $245,000. Russell Investments Group Ltd. bought a new stake in shares of Loar in the second quarter valued at about $945,000. Finally, WINTON GROUP Ltd bought a new stake in shares of Loar in the second quarter valued at about $204,000.

Key Stories Impacting Loar

Here are the key news stories impacting Loar this week:

• Positive Sentiment: Loar reported record Q1 2026 results, with earnings of $0.34 per share topping estimates and revenue of $156.1 million beating expectations, helped by 36.1% year-over-year sales growth. Article Title
• Positive Sentiment: The company raised FY 2026 guidance to $645 million-$655 million in sales and $1.26-$1.30 in adjusted EPS, well above prior expectations, suggesting management sees continued momentum. Article Title
• Positive Sentiment: Management also highlighted a $700 million new business pipeline, which points to additional future demand and supports the growth story. Article Title
• Neutral Sentiment: Royal Bank of Canada cut its price target to $80 from $90 but kept an outperform rating, which still implies upside from current levels. Article Title

About Loar

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.