Moody Aldrich Partners LLC Takes $6.25 Million Position in Karman Holdings Inc. $KRMN

Moody Aldrich Partners LLC acquired a new stake in shares of Karman Holdings Inc. (NYSE:KRMN) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 123,989 shares of the company’s stock, valued at approximately $6,245,000. Karman makes up approximately 1.2% of Moody Aldrich Partners LLC’s holdings, making the stock its 25th largest position. Moody Aldrich Partners LLC owned approximately 0.09% of Karman at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. bought a new position in Karman in the 1st quarter worth about $61,024,000. Price T Rowe Associates Inc. MD purchased a new stake in shares of Karman during the first quarter valued at approximately $58,799,000. Invesco Ltd. bought a new stake in shares of Karman during the first quarter valued at approximately $50,220,000. T. Rowe Price Investment Management Inc. purchased a new position in Karman in the 1st quarter worth approximately $48,691,000. Finally, Alliancebernstein L.P. bought a new position in Karman in the 1st quarter valued at approximately $37,182,000.

Karman Trading Down 0.1%

Shares of Karman stock opened at $85.71 on Friday. Karman Holdings Inc. has a 1-year low of $25.02 and a 1-year high of $88.82. The company’s fifty day simple moving average is $68.87 and its 200-day simple moving average is $53.29. The company has a debt-to-equity ratio of 1.30, a current ratio of 2.75 and a quick ratio of 2.58. The stock has a market capitalization of $11.34 billion and a PE ratio of 571.42.

Karman (NYSE:KRMN) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.01). The firm had revenue of $115.10 million during the quarter. The firm’s revenue was up 35.3% on a year-over-year basis. Karman has set its FY 2025 guidance at EPS.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on KRMN shares. Raymond James Financial started coverage on Karman in a research note on Friday, September 5th. They issued a “strong-buy” rating and a $100.00 price target for the company. Royal Bank Of Canada boosted their price objective on shares of Karman from $55.00 to $57.00 and gave the company an “outperform” rating in a report on Friday, August 8th. Truist Financial started coverage on shares of Karman in a report on Friday, October 10th. They issued a “buy” rating and a $89.00 target price on the stock. Evercore ISI boosted their target price on shares of Karman from $58.00 to $75.00 and gave the company an “outperform” rating in a research note on Monday, September 29th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Karman in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $71.50.

Karman Profile

We specialize in the upfront design, testing, manufacturing, and sale of mission-critical systems for existing and emerging missile and defense, and space programs. Our integrated payload protection, propulsion, and interstage system solutions are deployed across a wide variety of existing and emerging programs supporting important Department of Defense (“DoD”) and space sector initiatives.