Loar Holdings Inc. $LOAR Shares Acquired by Odyssean LLC

Key Points

• Odyssean LLC more than doubled its Loar Holdings position in the second quarter, acquiring 22,996 additional shares to reach 43,660 shares valued at approximately $3.52 million.
• Loar reported strong quarterly results, with EPS of $0.38 versus the $0.31 consensus and revenue of $171.58 million, up 39.4% year over year. The company issued fiscal 2026 EPS guidance of $1.32–$1.36.
• Shares recently traded at $67.79, down 2.8%, while analysts maintained a “Moderate Buy” consensus with an average price target of $88.00.

Odyssean LLC lifted its position in shares of Loar Holdings Inc. (NYSE:LOAR - Free Report) by 111.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 43,660 shares of the company's stock after buying an additional 22,996 shares during the period. Loar accounts for approximately 0.6% of Odyssean LLC's portfolio, making the stock its 7th largest holding. Odyssean LLC's holdings in Loar were worth $3,519,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of LOAR. Capital International Investors boosted its holdings in shares of Loar by 61.8% during the fourth quarter. Capital International Investors now owns 7,218,814 shares of the company's stock worth $490,879,000 after purchasing an additional 2,757,297 shares during the last quarter. Wellington Management Group LLP increased its stake in Loar by 14.5% in the second quarter. Wellington Management Group LLP now owns 4,063,339 shares of the company's stock valued at $327,546,000 after purchasing an additional 514,061 shares during the last quarter. Wasatch Advisors LP lifted its position in Loar by 14.5% during the first quarter. Wasatch Advisors LP now owns 3,509,014 shares of the company's stock worth $201,031,000 after buying an additional 444,049 shares during the period. T. Rowe Price Investment Management Inc. boosted its stake 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 worth $172,281,000 after buying an additional 711,182 shares during the last quarter. Finally, Bamco Inc. NY boosted its stake in Loar by 17.2% in the 4th quarter. Bamco Inc. NY now owns 2,119,505 shares of the company's stock worth $144,126,000 after buying an additional 310,406 shares during the last quarter.

Loar Trading Down 2.8%

NYSE LOAR opened at $67.79 on Friday. The stock has a market cap of $6.35 billion, a P/E ratio of 94.15 and a beta of 0.56. The company's fifty day simple moving average is $73.14 and its 200-day simple moving average is $67.28. The company has a current ratio of 4.91, a quick ratio of 3.24 and a debt-to-equity ratio of 0.79. Loar Holdings Inc. has a 52 week low of $53.15 and a 52 week high of $83.43.

Loar (NYSE:LOAR - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.07. The firm had revenue of $171.58 million for the quarter, compared to the consensus estimate of $162.80 million. Loar had a net margin of 11.60% and a return on equity of 9.37%. The firm's quarterly revenue was up 39.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.23 EPS. Loar has set its FY 2026 guidance at 1.320-1.360 EPS. Equities research analysts predict that Loar Holdings Inc. will post 1.2 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Morgan Stanley reaffirmed an "equal weight" rating and set a $82.00 price objective (down from $91.00) on shares of Loar in a research note on Wednesday, July 15th. Weiss Ratings raised shares of Loar from a "hold (c-)" rating to a "hold (c)" rating in a research report on Friday, July 10th. Royal Bank Of Canada upped their price target on shares of Loar from $80.00 to $85.00 and gave the stock an "outperform" rating in a research report on Friday, August 7th. Jefferies Financial Group reaffirmed a "buy" rating and set a $88.00 price target on shares of Loar in a research note on Sunday, August 9th. Finally, Zacks Research lowered shares of Loar from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 5th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $88.00.

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.

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