Karman Holdings Inc. $KRMN Stock: Kornitzer Capital Management Inc. KS Raises Position

Kornitzer Capital Management Inc. KS grew its holdings in Karman Holdings Inc. (NYSE:KRMN) by 23.2% in the third quarter, Holdings Channel reports. The firm owned 123,405 shares of the company’s stock after buying an additional 23,200 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in Karman were worth $4,001,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of KRMN. Rokos Capital Management LLP bought a new position in shares of Karman during the first quarter valued at $35,261,000. Wellington Management Group LLP purchased a new position in Karman in the 2nd quarter worth about $16,086,000. Ranger Investment Management L.P. purchased a new position in Karman in the 2nd quarter worth about $13,902,000. Bank of America Corp DE lifted its stake in Karman by 123.8% during the 1st quarter. Bank of America Corp DE now owns 459,531 shares of the company’s stock valued at $36,785,000 after acquiring an additional 254,161 shares during the period. Finally, Congress Asset Management Co. lifted its stake in Karman by 23.8% during the 3rd quarter. Congress Asset Management Co. now owns 1,068,811 shares of the company’s stock valued at $34,651,000 after acquiring an additional 205,503 shares during the period.

Karman News Summary

Here are the key news stories impacting Karman this week:

• Positive Sentiment: Third-quarter adjusted EPS was $0.19, topping the $0.16 consensus estimate and doubling the year-ago $0.10. Revenue reached $201.62 million, up 65.6% year over year. Karman Q3 earnings and revenue beat estimates
• Positive Sentiment: Karman raised FY 2026 revenue guidance to $755 million–$760 million, above the $742.2 million analyst consensus. Its reported backlog of $1.7 billion adds support for the growth outlook. Karman’s revenue outlook and backlog
• Positive Sentiment: Piper Sandler reaffirmed its Overweight rating and raised its price target to $60 from $59. Piper Sandler rating update
• Negative Sentiment: Needham lowered its price target to $50 from $80, although it kept a Buy rating. The cut tempers the otherwise favorable analyst response to the results. Needham price-target update

Analysts Set New Price Targets

A number of brokerages have recently issued reports on KRMN. Oppenheimer initiated coverage on shares of Karman in a report on Thursday, October 22nd. They set an “outperform” rating and a $40.00 price target on the stock. Royal Bank Of Canada decreased their target price on shares of Karman from $70.00 to $60.00 and set an “outperform” rating for the company in a research note on Wednesday, October 28th. Weiss Ratings raised Karman from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 8th. Guggenheim assumed coverage on Karman in a report on Monday, September 14th. They set a “buy” rating and a $63.00 price target on the stock. Finally, Barclays began coverage on Karman in a research note on Friday, October 9th. They issued an “overweight” rating and a $79.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $73.00.

Karman Price Performance

NYSE KRMN opened at $45.06 on Monday. The company has a 50-day moving average price of $35.93 and a 200-day moving average price of $62.50. Karman Holdings Inc. has a 52 week low of $29.34 and a 52 week high of $118.38. The company has a quick ratio of 2.87, a current ratio of 3.10 and a debt-to-equity ratio of 2.21. The firm has a market capitalization of $5.97 billion, a P/E ratio of 115.54 and a beta of 0.44.

Karman (NYSE:KRMN) last posted its quarterly earnings data on Friday, November 6th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.03. Karman had a net margin of 7.54% and a return on equity of 17.68%. The company had revenue of $201.62 million for the quarter. During the same period in the previous year, the business posted $0.10 EPS. The business’s quarterly revenue was up 65.6% compared to the same quarter last year. Equities research analysts anticipate that Karman Holdings Inc. will post 0.63 earnings per share for the current year.

Insider Transactions at Karman

In related news, Director David Stinnett purchased 27,000 shares of Karman stock in a transaction on Wednesday, September 16th. The stock was acquired at an average price of $37.32 per share, for a total transaction of $1,007,640.00. Following the completion of the transaction, the director directly owned 3,530,395 shares in the company, valued at $131,754,341.40. This represents a 0.77% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 5.77% of the company’s stock.

Karman Profile

Karman Holdings, Inc is an aerospace and defense company that designs and manufactures systems and components for missile and space programs. Its products support applications including propulsion, payload delivery, launch vehicles and spacecraft.

The company supplies mission-critical hardware such as rocket motor components, separation systems, structures and related assemblies. Its products are used by government and commercial customers across the United States and in international markets.

Karman brings together businesses with capabilities in engineering, manufacturing and testing for aerospace and defense applications.