Wasatch Advisors Adds $36M in Loar Holdings Inc. ($LOAR)
Key Points
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Wasatch Advisors increased its position in Loar Holdings Inc. ($LOAR) by 14.49% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,509,014 shares of Loar Holdings Inc. after buying 444,049 shares during the quarter. Wasatch Advisors's holdings in Loar Holdings Inc. were worth $282.86 million as of its most recent filing.
Loar Holdings Inc. Stock Up 12.4%
Shares of Loar Holdings Inc. ($LOAR) traded around $80.61 on Sunday, up 12.4% for the day.
Loar Holdings Inc. Earnings
Analysts Set New Price Targets
About Loar Holdings Inc.
Loar Holdings Inc., through its subsidiaries, designs, manufactures, and sells aerospace and defense components for aircraft, and aerospace and defense systems in the United States and internationally. It offers 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. The company also provides auto throttles, lap-belt airbags, two-and three-point seat belts, water purification systems, fire barriers, polyimide washers and bushings, latches, interior securing devices, 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, motion and actuation devices, edge-lighted panels and knobs, and annunciators for incandescent and LED illuminated pushbutton switches, high-performance fans and cooling devices, lighting, Human-Machine Interface products, and bespoke lighting systems, and others. It primarily serves commercial, business jet and general aviation, and defense markets. Loar Holdings Inc. was incorporated in 2017 and is headquartered in White Plains, New York.
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