Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna Makes New $2.50 Million Investment in Karman Holdings Inc. $KRMN

Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna acquired a new position in Karman Holdings Inc. (NYSE:KRMN) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 34,127 shares of the company’s stock, valued at approximately $2,497,000. Karman makes up 0.9% of Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna’s portfolio, making the stock its 28th biggest holding.

Several other large investors have also recently bought and sold shares of the business. Rakuten Securities Inc. raised its position in Karman by 28.5% in the fourth quarter. Rakuten Securities Inc. now owns 487 shares of the company’s stock worth $36,000 after acquiring an additional 108 shares in the last quarter. GAMMA Investing LLC raised its position in Karman by 83.7% in the fourth quarter. GAMMA Investing LLC now owns 373 shares of the company’s stock worth $27,000 after acquiring an additional 170 shares in the last quarter. Barclays PLC raised its position in Karman by 2.2% in the third quarter. Barclays PLC now owns 12,964 shares of the company’s stock worth $936,000 after acquiring an additional 273 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in Karman by 889.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 386 shares of the company’s stock worth $28,000 after acquiring an additional 347 shares in the last quarter. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA purchased a new position in Karman in the third quarter worth $29,000.

Karman Stock Down 9.2%

Karman stock opened at $49.41 on Friday. The company has a debt-to-equity ratio of 2.08, a quick ratio of 3.38 and a current ratio of 3.53. The firm has a market capitalization of $6.55 billion, a price-to-earnings ratio of 214.81 and a beta of 0.32. Karman Holdings Inc. has a fifty-two week low of $43.49 and a fifty-two week high of $118.38. The stock’s fifty day moving average is $71.60 and its two-hundred day moving average is $81.45.

Karman (NYSE:KRMN) last posted its earnings results on Tuesday, May 12th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.03. The company had revenue of $151.21 million for the quarter, compared to analyst estimates of $150.19 million. Karman had a return on equity of 14.94% and a net margin of 5.73%.Karman’s revenue was up 51.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.05 earnings per share. Analysts predict that Karman Holdings Inc. will post 0.59 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Evercore set a $100.00 target price on Karman in a report on Wednesday, May 13th. BWS Financial reissued a “sell” rating and issued a $37.00 target price on shares of Karman in a report on Monday, May 18th. Needham & Company LLC reissued a “buy” rating and issued a $125.00 target price on shares of Karman in a report on Thursday, April 9th. Truist Financial raised Karman to a “strong-buy” rating in a report on Friday, May 1st. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $100.00 target price on shares of Karman in a report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Karman currently has an average rating of “Moderate Buy” and an average price target of $105.60.

About Karman

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. We estimate that no single program accounted for more than 10% of sales for the nine months ended September 30, 2024 or the twelve months ended December 31, 2023, with revenue from over 100 active programs supporting current production and next-generation space, missile, hypersonic, and defense applications.