36,602 Shares of Karman Holdings Inc. $KRMN Purchased by Pekin Hardy Strauss Inc.

Pekin Hardy Strauss Inc. purchased a new position in Karman Holdings Inc. (NYSE:KRMN) in the third quarter, HoldingsChannel reports. The fund purchased 36,602 shares of the company’s stock, valued at approximately $1,187,000.

Several other institutional investors and hedge funds have also bought and sold shares of KRMN. First Trust Advisors LP boosted its position in Karman by 3.3% during the 1st quarter. First Trust Advisors LP now owns 2,891,687 shares of the company’s stock valued at $231,480,000 after acquiring an additional 93,565 shares in the last quarter. Amundi grew its holdings in shares of Karman by 44.6% during the 1st quarter. Amundi now owns 512,231 shares of the company’s stock worth $41,004,000 after acquiring an additional 158,068 shares during the period. Bank of America Corp DE grew its holdings in shares of Karman by 123.8% during the 1st quarter. Bank of America Corp DE now owns 459,531 shares of the company’s stock worth $36,785,000 after acquiring an additional 254,161 shares during the period. Rokos Capital Management LLP bought a new position in shares of Karman in the 1st quarter worth approximately $35,261,000. Finally, Congress Asset Management Co. raised its position in shares of Karman by 23.8% in the 3rd quarter. Congress Asset Management Co. now owns 1,068,811 shares of the company’s stock worth $34,651,000 after acquiring an additional 205,503 shares in the last quarter.

Karman Stock Up 40.4%

NYSE:KRMN traded up $12.97 during mid-day trading on Friday, hitting $45.06. 10,164,826 shares of the company’s stock were exchanged, compared to its average volume of 2,970,484. The company has a market cap of $5.97 billion, a PE ratio of 115.54 and a beta of 0.45. The company has a debt-to-equity ratio of 2.01, a current ratio of 3.56 and a quick ratio of 3.40. Karman Holdings Inc. has a one year low of $29.34 and a one year high of $118.38. The business has a fifty day moving average price of $35.93 and a 200 day moving average price of $62.50.

Karman (NYSE:KRMN) last announced its earnings results on Friday, November 6th. The company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.03. Karman had a net margin of 6.31% and a return on equity of 15.54%. The business had revenue of $201.62 million during the quarter. During the same period in the prior year, the business posted $0.10 EPS. Karman’s revenue for the quarter was up 65.6% on a year-over-year basis. Equities analysts predict that Karman Holdings Inc. will post 0.59 EPS for the current year.

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

Insider Buying and Selling at Karman

In related news, Director David Stinnett purchased 27,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 16th. The shares were bought at an average price of $37.32 per share, for a total transaction of $1,007,640.00. Following the purchase, the director directly owned 3,530,395 shares of the company’s stock, valued at approximately $131,754,341.40. This represents a 0.77% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 5.77% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research analysts have recently commented on KRMN shares. UBS Group set a $40.00 target price on Karman in a research note on Thursday, October 22nd. BWS Financial reaffirmed a “sell” rating and issued a $37.00 price target on shares of Karman in a research note on Monday, August 10th. Barclays started coverage on Karman in a report on Friday, October 9th. They issued an “overweight” rating and a $79.00 price objective for the company. Oppenheimer assumed coverage on Karman in a research report on Thursday, October 22nd. They set an “outperform” rating and a $40.00 price objective for the company. Finally, Royal Bank Of Canada dropped their target price on shares of Karman from $70.00 to $60.00 and set an “outperform” rating on the stock in a report on Wednesday, October 28th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Karman has a consensus rating of “Moderate Buy” and an average price target of $73.00.

About Karman

Karman Holdings Corp., doing business as Karman Space & Defense, is an aerospace and defense company that develops and manufactures mission-critical components, assemblies and structures. Its products are used in space-launch vehicles, missiles, hypersonic systems and other defense applications where performance, reliability and precision are essential.

The company’s capabilities include the production of composite and metallic structures, propulsion-related components, precision-machined parts and other highly engineered hardware.