Loar Holdings (LOAR)

• Market cap: $8.25B
• 1 day: 2.14%
• 5 days: -0.09%
• 1 month: 10.00%
• 3 months: 34.37%
• 6 months: 56.94%
• Year to date: 88.52%
• 1 year: 88.52%
• 5 years: 88.52%
• 10 years: 88.52%
• Sector: Industrials
• Industry: Aircraft Parts & Auxiliary Equipment

About: Loar Holdings Inc in the design, manufacture, and sale of niche aerospace and defense components that are essential for today's aircraft and aerospace and defense systems. Its manufactured products includes auto throttles, lap-belt airbags, two- and three-point seat belts, water purification systems, fire barriers, polyimide washers and bushings, latches, hold-open and tie rods, temperature and fluid sensors and switches, carbon and metallic brake discs, fluid and pneumatic-based ice protection, RAM air components, sealing solutions and motion and actuation devices, among others. It operate across ten manufacturing facilities located in the United States, one manufacturing facility in Germany and one manufacturing facility in the United Kingdom (UK).

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

4,076% more call options, than puts

Call options by funds: $22.8M | Put options by funds: $545K

100% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]

91% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 22

70% more capital invested

Capital invested by funds: $2.93B [Q2] → $5B (+$2.07B) [Q3]

17% more funds holding

Funds holding: 115 [Q2] → 135 (+20) [Q3]

13.52% more ownership

Funds ownership: 61.25% [Q2] → 74.77% (+13.52%) [Q3]

14% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 37

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $75 18% downside
• Avg. target: $86 7% downside
• High target: $100 9% upside

4 analyst ratings

• positive: 2 50%
• neutral: 2 50%
• negative: 0 0%

Morgan Stanley Kristine Liwag 71% 1-year accuracy 12 / 17 met price target	3% downside $89	Equal-Weight Maintained	18 Nov 2024
RBC Capital Ken Herbert 71% 1-year accuracy 32 / 45 met price target	9% upside $100	Outperform Reiterated	14 Nov 2024
Morgan Stanley Kristine Liwag 71% 1-year accuracy 12 / 17 met price target	18% downside $75	Equal-Weight Maintained	18 Oct 2024
RBC Capital Ken Herbert 71% 1-year accuracy 32 / 45 met price target	13% downside $80	Outperform Reiterated	7 Oct 2024