Loar Holdings Inc

More Details of Loar Holdings Inc Company

Loar Holdings Inc. is a diversified manufacturer and supplier of niche aerospace and defense components. The Company’s products cover a diverse range of applications supporting major aircraft platforms in use and include 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, customized edge-lighted panels and knobs and annunciators for incandescent and LED illuminated pushbutton switches, among others. It serves three core end markets, such as commercial aerospace, business jet, and general aviation. The Company has established relationships with aerospace and defense original equipment manufacturers and Tier Ones worldwide.

Company Info

Company codeLOAR

Company nameLoar Holdings Inc

IPO dateApr 25, 2024

Founded at2017

CEOMr. Dirkson R. Charles, CPA

Number of employees1500

Security typeOrdinary Share

Fiscal year-endApr 25

Address20 New King Street

CityWHITE PLAINS

Stock exchangeNYSE Consolidated

CountryUnited States of America

Postal code10604

Phone19149091311

Websitehttps://loargroup.com/

Company codeLOAR

IPO dateApr 25, 2024

Founded at2017

Company Executives

Name

Name/Position

Position

Shareholding

Change

Mr. Dirkson R. Charles, CPA

Executive Co-Chairman of the Board, President, Chief Executive Officer

4.72M

-2.62%

Mr. Brett N. Milgrim

Executive Co-Chairman of the Board

4.47M

-2.62%

Mr. Michael J Manella, J.D.

Vice President, General Counsel, Secretary

1.05M

+72.04%

Mr. Ian Mckillop

Investor Relations

--

Mr. Taiwo Danmola

Independent Director

--

Mr. Raja Bobbili

Independent Director

--

Mr. David Abrams

Lead Independent Director

--

Mrs. Alison Bomberg

Independent Director

--

Mr. Paul S. Levy, J.D.

Independent Director

--

Mr. Anthony M. Carpenito

Independent Director

--

Name

Name/Position

Position

Shareholding

Change

Mr. Dirkson R. Charles, CPA

Executive Co-Chairman of the Board, President, Chief Executive Officer

4.72M

-2.62%

Mr. Brett N. Milgrim

Executive Co-Chairman of the Board

4.47M

-2.62%

Mr. Michael J Manella, J.D.

Vice President, General Counsel, Secretary

1.05M

+72.04%

Mr. Ian Mckillop

Investor Relations

--

Mr. Taiwo Danmola

Independent Director

--

Mr. Raja Bobbili

Independent Director

--

Revenue Breakdown

Currency: USDUpdate time: Sun, Apr 6

FY2024

No Data

By RegionUSD

Name

Revenue

Proportion

United States

277.39M

68.86%

Foreign Countries

125.42M

31.14%

By Business

By Region

No Data

Shareholder

Update time: Sun, Feb 23

Shareholder Statistics

Type

Shareholder Statistics

Shareholder

Proportion

Abrams Capital, L.L.C.

40.01%

Blackstone Alternative Credit Advisors LP

13.34%

GPV Loar LLC

10.00%

Charles (Dirkson R)

5.05%

Milgrim (Brett N)

4.78%

Other

26.83%

Shareholder Statistics

Shareholder

Proportion

Abrams Capital, L.L.C.

40.01%

Blackstone Alternative Credit Advisors LP

13.34%

GPV Loar LLC

10.00%

Charles (Dirkson R)

5.05%

Milgrim (Brett N)

4.78%

Other

26.83%

Type

Shareholder

Proportion

Hedge Fund

43.75%

Investment Advisor/Hedge Fund

23.19%

Individual Investor

12.37%

Investment Advisor

10.85%

Corporation

10.00%

Research Firm

1.15%

Sovereign Wealth Fund

0.44%

Pension Fund

0.18%

Private Equity

0.04%

Institutional Shareholding

Update time: Tue, Mar 4

Reporting Period

No. of institutions

Shares Held

Proportion

Change

2025Q1

294

95.44M

102.01%

+6.51M

2024Q4

277

95.60M

102.18%

+6.94M

2024Q3

218

88.27M

98.40%

+14.63M

2024Q2

162

75.55M

84.23%

+21.14M

Shareholder Activity

Name

Shares Held

Proportion

Change

Chg %

Date

Abrams Capital, L.L.C.

37.43M

40.01%

-1.01M

-2.62%

Dec 31, 2024

Blackstone Alternative Credit Advisors LP

12.48M

13.34%

-335.49K

-2.62%

Dec 31, 2024

GPV Loar LLC

9.36M

10%

-251.62K

-2.62%

Dec 31, 2024

Charles (Dirkson R)

4.72M

5.05%

-126.96K

-2.62%

Dec 31, 2024

Milgrim (Brett N)

4.47M

4.78%

-120.31K

-2.62%

Dec 31, 2024

The Vanguard Group, Inc.

2.72M

2.91%

+1.55M

+132.44%

Dec 31, 2024

BlackRock Institutional Trust Company, N.A.

1.29M

1.38%

+682.46K

+111.95%

Dec 31, 2024

T. Rowe Price Associates, Inc.

1.12M

1.2%

+59.94K

+5.64%

Dec 31, 2024

TimesSquare Capital Management, LLC

1.07M

1.14%

+656.02K

+159.81%

Dec 31, 2024

D'alessandro (Glenn CPA)

1.06M

1.13%

-28.52K

-2.62%

Dec 12, 2024

Related ETFs

Update time: Sun, Apr 6

Name

Proportion

Renaissance IPO ETF

2.83%

First Trust Indxx Aerospace & Defense ETF

1.72%

SPDR S&P Aerospace & Defense ETF

1.51%

Invesco Aerospace & Defense ETF

0.43%

First Trust Multi-Manager Small Cap Opportunities ETF

0.28%

First Trust US Equity Opportunities ETF

0.26%

iShares U.S. Aerospace & Defense ETF

0.23%

Direxion Daily Aerospace & Defense Bull 3X Shares

0.16%

T Rowe Price Small-Mid Cap ETF

0.14%

BNY Mellon US Small Cap Core Equity ETF

0.08%

Renaissance IPO ETF

Proportion2.83%

First Trust Indxx Aerospace & Defense ETF

Proportion1.72%

SPDR S&P Aerospace & Defense ETF

Proportion1.51%

Invesco Aerospace & Defense ETF

Proportion0.43%

First Trust Multi-Manager Small Cap Opportunities ETF

Proportion0.28%

First Trust US Equity Opportunities ETF

Proportion0.26%

iShares U.S. Aerospace & Defense ETF

Proportion0.23%

Direxion Daily Aerospace & Defense Bull 3X Shares

Proportion0.16%

T Rowe Price Small-Mid Cap ETF

Proportion0.14%

BNY Mellon US Small Cap Core Equity ETF

Proportion0.08%

Dividend

A total of 0.00 USD has been distributed in dividends over the past 5 years.

Date

Dividend

Record Date

Payment Date

Ex-dividend Date

No Data

Stock Split

Date

Type

Ratio

No Data

Date

Type

Ratio

No Data

95.790USD

Loar Holdings Inc

95.790

Overview

Company