Renaissance Technologies LLC Sells 33,500 Shares of Loar Holdings Inc. $LOAR

Key Points

• Renaissance Technologies cut its Loar Holdings stake by 37.8%, selling 33,500 shares and retaining 55,100 shares valued at approximately $3.16 million. Director Taiwo K. Danmola also sold 35,000 shares, reducing his position by 39.2%.
• Loar reported a strong second quarter, with adjusted EPS of $0.38 beating the $0.31 consensus and revenue rising 39.4% year over year to $171.6 million. Management raised fiscal 2026 guidance to $1.32–$1.36 in EPS and $665–$675 million in revenue.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and an $85.40 price target, although Zacks downgraded the stock to “hold.” Shares trade at a high forward valuation, with a reported P/E ratio of 98.70.

Renaissance Technologies LLC decreased its stake in shares of Loar Holdings Inc. (NYSE:LOAR - Free Report) by 37.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 55,100 shares of the company's stock after selling 33,500 shares during the quarter. Renaissance Technologies LLC owned 0.06% of Loar worth $3,157,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in LOAR. UBS Group AG increased its stake in Loar by 266.0% during the fourth quarter. UBS Group AG now owns 1,276,780 shares of the company's stock valued at $86,821,000 after acquiring an additional 927,908 shares during the period. WINTON GROUP Ltd acquired a new position in Loar in the 4th quarter valued at approximately $1,836,000. Seven Grand Managers LLC lifted its position in shares of Loar by 33.3% in the 4th quarter. Seven Grand Managers LLC now owns 100,000 shares of the company's stock worth $6,800,000 after acquiring an additional 25,000 shares during the period. Yorktown Management & Research Co Inc bought a new stake in shares of Loar in the 4th quarter worth approximately $544,000. Finally, Norges Bank bought a new stake in shares of Loar in the 4th quarter worth approximately $46,053,000.

Insider Activity

In related news, Director Taiwo K. Danmola sold 35,000 shares of the stock in a transaction dated Wednesday, May 20th. The shares were 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 owned 54,286 shares in the company, valued at $3,289,188.74. This trade represents a 39.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 20.10% of the stock is 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

Loar stock opened at $71.07 on Friday. The business has a 50 day simple moving average of $71.37 and a 200 day simple moving average of $66.69. The company has a debt-to-equity ratio of 0.80, a current ratio of 4.56 and a quick ratio of 2.89. The company has a market capitalization of $6.65 billion, a PE ratio of 98.70 and a beta of 0.56. Loar Holdings Inc. has a one year low of $53.15 and a one year high of $83.43.

Loar (NYSE:LOAR - Get Free Report) last released its quarterly earnings data 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 during the quarter, compared to analyst estimates of $162.80 million. Loar had a return on equity of 9.42% and a net margin of 11.60%.The business's revenue for the quarter was up 39.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.23 earnings per share. Loar has set its FY 2026 guidance at 1.320-1.360 EPS. On average, sell-side analysts forecast that Loar Holdings Inc. will post 1.16 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on LOAR shares. Jefferies Financial Group set a $75.00 price objective on Loar in a research report on Sunday, May 10th. Weiss Ratings upgraded shares of Loar from a "hold (c-)" rating to a "hold (c)" rating in a research note on Friday, July 10th. Royal Bank Of Canada boosted their price target on shares of Loar from $80.00 to $85.00 and gave the company an "outperform" rating in a report on Friday. Zacks Research cut shares of Loar from a "strong-buy" rating to a "hold" rating in a research note on Wednesday. Finally, Citigroup raised their price objective on shares of Loar from $71.00 to $87.00 and gave the stock a "buy" rating in a report on Thursday, June 25th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, Loar has an average rating of "Moderate Buy" and a consensus price target of $85.40.

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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