Wall Street Zen has downgraded shares of Loar Holdings Inc. (NYSE: LOAR) from a buy rating to a hold rating, according to a research note published on Saturday. This decision comes amidst a series of varied responses from other financial analysts regarding the stock’s performance.
On Thursday, Goldman Sachs Group maintained a “buy” rating for Loar, assigning a price target of $98.00. Concurrently, Morgan Stanley adjusted its target price from $100.00 to $97.00, while retaining an “overweight” rating. This follows a report from Weiss Ratings, which reiterated a “hold (c)” rating on December 29, 2023. Additionally, Royal Bank of Canada lowered its price objective from $92.00 to $90.00, continuing to endorse an “outperform” rating. Meanwhile, Citigroup reduced its target price from $87.00 to $81.00, maintaining a “buy” rating.
Currently, one equity research analyst has issued a Strong Buy rating for Loar, while four analysts have given a Buy rating and one has rated it as Hold. Data from MarketBeat indicates that the stock enjoys an average rating of “Buy” with a consensus price target of $92.00.
Loar’s Recent Financial Performance
Loar announced its quarterly earnings on February 26, 2026, reporting earnings per share (EPS) of $0.26, surpassing the consensus estimate of $0.19 by $0.07. The company generated revenue of $131.75 million for the quarter, exceeding analyst expectations of $128.00 million. This performance reflects a year-over-year revenue increase of 19.3%. Last year during the same quarter, Loar reported an EPS of $0.11.
For the fiscal year 2026, Loar has provided guidance for an EPS range of $0.760 to $0.800. On average, analysts forecast an EPS of $0.28 for the current year.
Institutional Investors Take Positions
Recent activity among institutional investors indicates a growing interest in Loar. Rakuten Securities Inc. acquired a new position in the company during the second quarter, valued at approximately $27,000. Similarly, Fifth Third Bancorp entered a new stake during the fourth quarter, estimated at around $28,000.
In a notable increase, PNC Financial Services Group Inc. expanded its holdings in Loar by 390.1% in the second quarter, now owning 348 shares worth $30,000 after purchasing an additional 277 shares. Sunbelt Securities Inc. also increased its position by 238.3% in the fourth quarter, now holding 592 shares valued at $40,000. Additionally, Farther Finance Advisors LLC boosted its stake by an impressive 8,383.3% in the third quarter, owning 509 shares worth $41,000 after acquiring an extra 503 shares.
Loar Holdings Inc. operates in the aerospace and defense sector, designing and manufacturing components for aircraft and related systems both in the United States and internationally. Its product offerings encompass a wide range, including airframe components, structural components, and avionics.
The recent downgrade from Wall Street Zen, alongside mixed analyst sentiments, highlights the ongoing scrutiny of Loar’s stock as it navigates its financial landscape amidst fluctuating market conditions.
