Karman Holdings Inc. $KRMN Shares Acquired by Vanguard Group Inc.

Key Points

• Vanguard Group raised its stake in Karman by 151.1% in Q4, buying 5,621,556 shares to hold 9,342,230 shares (about 7.06% of the company) valued at $683.57 million.
• Karman reported quarterly revenue of $134.49 million (up 47.5% year‑over‑year) and EPS of $0.11, with a 13.15% return on equity and a 3.68% net margin.
• The stock is highly valued (market cap $8.66 billion; PE ~502.85) and carries mixed analyst sentiment—average rating "Moderate Buy" with a consensus target of $117.10, ranging from strong-buy to sell.

Vanguard Group Inc. raised its holdings in shares of Karman Holdings Inc. (NYSE:KRMN - Free Report) by 151.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,342,230 shares of the company's stock after acquiring an additional 5,621,556 shares during the period. Vanguard Group Inc. owned approximately 7.06% of Karman worth $683,571,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its stake in Karman by 83.7% during the 4th quarter. GAMMA Investing LLC now owns 373 shares of the company's stock valued at $27,000 after acquiring an additional 170 shares in the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA bought a new stake in Karman during the 3rd quarter valued at $29,000. Farther Finance Advisors LLC raised its stake in Karman by 56.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 455 shares of the company's stock valued at $33,000 after acquiring an additional 164 shares in the last quarter. Rakuten Securities Inc. raised its stake in Karman by 28.5% during the 4th quarter. Rakuten Securities Inc. now owns 487 shares of the company's stock valued at $36,000 after acquiring an additional 108 shares in the last quarter. Finally, Wexford Capital LP bought a new stake in Karman during the 3rd quarter valued at $41,000.

Karman Stock Down 0.6%

KRMN opened at $65.37 on Monday. Karman Holdings Inc. has a one year low of $36.11 and a one year high of $118.38. The company has a debt-to-equity ratio of 1.50, a quick ratio of 3.17 and a current ratio of 3.29. The stock's fifty day moving average is $88.66 and its 200-day moving average is $84.24. The company has a market capitalization of $8.66 billion, a PE ratio of 502.85 and a beta of 0.69.

Karman (NYSE:KRMN - Get Free Report) last posted its quarterly earnings data on Wednesday, March 25th. The company reported $0.11 EPS for the quarter, hitting analysts' consensus estimates of $0.11. Karman had a return on equity of 13.15% and a net margin of 3.68%.The company had revenue of $134.49 million for the quarter. Karman's revenue was up 47.5% on a year-over-year basis. On average, equities analysts predict that Karman Holdings Inc. will post 0.61 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Needham & Company LLC reaffirmed a "buy" rating and set a $125.00 target price on shares of Karman in a research note on Thursday, April 9th. Raymond James Financial reaffirmed a "strong-buy" rating and set a $130.00 target price on shares of Karman in a research note on Thursday, January 22nd. KeyCorp lifted their target price on Karman from $80.00 to $122.00 and gave the company an "overweight" rating in a research note on Wednesday, January 28th. Robert W. Baird lifted their target price on Karman from $115.00 to $135.00 and gave the company an "outperform" rating in a research note on Friday, March 20th. Finally, BWS Financial reaffirmed a "sell" rating and set a $37.00 target price on shares of Karman in a research note on Friday, March 27th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $117.10.

Karman Profile

We specialize in the upfront design, testing, manufacturing, and sale of mission-critical systems for existing and emerging missile and defense, and space programs. Our integrated payload protection, propulsion, and interstage system solutions are deployed across a wide variety of existing and emerging programs supporting important Department of Defense (“DoD”) and space sector initiatives. We estimate that no single program accounted for more than 10% of sales for the nine months ended September 30, 2024 or the twelve months ended December 31, 2023, with revenue from over 100 active programs supporting current production and next-generation space, missile, hypersonic, and defense applications.

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