Renaissance Technologies LLC Has $3.16 Million Position in Loar Holdings Inc. $LOAR

Renaissance Technologies LLC lessened its holdings in shares of Loar Holdings Inc. (NYSE:LOAR) by 37.8% during the 1st quarter, Holdings Channel.com reports. The firm owned 55,100 shares of the company’s stock after selling 33,500 shares during the period. Renaissance Technologies LLC’s holdings in Loar were worth $3,157,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LOAR. Capital International Investors lifted its position in Loar by 61.8% during the 4th quarter. Capital International Investors now owns 7,218,814 shares of the company’s stock worth $490,879,000 after buying an additional 2,757,297 shares in the last quarter. Wasatch Advisors LP increased its position in Loar by 14.5% in the 1st quarter. Wasatch Advisors LP now owns 3,509,014 shares of the company’s stock valued at $201,031,000 after acquiring an additional 444,049 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its position in Loar by 39.0% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,533,540 shares of the company’s stock valued at $172,281,000 after acquiring an additional 711,182 shares in the last quarter. Bamco Inc. NY raised its stake in shares of Loar by 17.2% in the fourth quarter. Bamco Inc. NY now owns 2,119,505 shares of the company’s stock worth $144,126,000 after acquiring an additional 310,406 shares during the last quarter. Finally, State Street Corp raised its stake in shares of Loar by 18.1% in the fourth quarter. State Street Corp now owns 1,880,955 shares of the company’s stock worth $127,905,000 after acquiring an additional 288,095 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on LOAR shares. Royal Bank Of Canada increased their price target on shares of Loar from $80.00 to $85.00 and gave the company an “outperform” rating in a research note on Friday. Weiss Ratings upgraded shares of Loar from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, July 10th. Citigroup upped their price objective on Loar from $71.00 to $87.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. Jefferies Financial Group set a $75.00 price objective on Loar in a research report on Sunday, May 10th. Finally, Zacks Research cut Loar from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $85.40.

Insider Activity at Loar

In related news, Director Taiwo K. Danmola sold 35,000 shares of Loar stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $60.59, for a total transaction of $2,120,650.00. Following the completion of the sale, the director directly owned 54,286 shares of the company’s stock, valued at $3,289,188.74. The trade was a 39.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 20.10% of the stock is currently owned by company insiders.

Loar News Roundup

Here are the key news stories impacting Loar this week:

• Positive Sentiment: Royal Bank of Canada raised its price target on Loar from $80 to $85 and reiterated an “outperform” rating, implying meaningful upside from recent trading levels. Benzinga
• Positive Sentiment: Loar exceeded second-quarter expectations: adjusted EPS was $0.38 versus the $0.31 consensus estimate, while revenue reached approximately $171.6 million, up 39.4% year over year and ahead of the $162.8 million estimate. Adjusted EBITDA increased 47.4% to $69.4 million, with margin expanding to 40.5%. Loar Q2 earnings report
• Positive Sentiment: Management raised its fiscal 2026 outlook to EPS of $1.32–$1.36 and revenue of $665 million–$675 million, above consensus estimates of $1.28 EPS and $652.5 million revenue. The increase reflects strong aerospace and defense demand and a robust new-business pipeline. Loar Q2 results and outlook
• Positive Sentiment: Recent insider activity was reportedly entirely on the buy side, while several institutional investors increased their Loar positions, providing an additional signal of confidence in the company’s long-term prospects.
• Neutral Sentiment: Investor’s Business Daily described Loar as forming a potential new buy point but pulling back toward an important support level. A decisive move above resistance could strengthen the technical outlook, while failure to hold support may keep the stock volatile. Loar technical setup
• Negative Sentiment: Zacks Research downgraded Loar from “strong buy” to “hold,” tempering the positive impact of the earnings beat and higher guidance. With the shares trading at an elevated earnings multiple, further gains may depend on continued strong execution and additional upward revisions. Zacks Research

Loar Price Performance

Shares of LOAR stock opened at $71.07 on Friday. Loar Holdings Inc. has a 52-week low of $53.15 and a 52-week high of $83.43. The stock has a market cap of $6.65 billion, a PE ratio of 98.70 and a beta of 0.56. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.89 and a current ratio of 4.56. The firm’s 50 day moving average price is $71.37 and its two-hundred day moving average price is $66.69.

Loar (NYSE:LOAR) last issued its earnings results on Thursday, August 6th. The company reported $0.38 EPS for the quarter, beating the consensus estimate of $0.31 by $0.07. The company had revenue of $171.58 million during the quarter, compared to analysts’ expectations of $162.80 million. Loar had a net margin of 11.60% and a return on equity of 9.42%. The business’s revenue for the quarter was up 39.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 EPS. Loar has set its FY 2026 guidance at 1.320-1.360 EPS. As a group, analysts forecast that Loar Holdings Inc. will post 1.16 EPS for the current year.

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.