Glenmede Trust Co. NA Decreases Stock Position in Karman Holdings Inc. $KRMN

Posted by Brenda Bartman on Aug 9th, 2026

Glenmede Trust Co. NA lessened its position in shares of Karman Holdings Inc. (NYSE:KRMN – Free Report) by 58.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,074 shares of the company’s stock after selling 9,817 shares during the period. Glenmede Trust Co. NA’s holdings in Karman were worth $566,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in KRMN. EverSource Wealth Advisors LLC boosted its position in Karman by 889.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 386 shares of the company’s stock worth $28,000 after purchasing an additional 347 shares during the period. Towarzystwo Funduszy Inwestycyjnych PZU SA bought a new stake in shares of Karman in the third quarter valued at approximately $29,000. Kestra Advisory Services LLC purchased a new stake in shares of Karman during the 4th quarter valued at approximately $32,000. Huntington National Bank purchased a new stake in shares of Karman during the 4th quarter valued at approximately $32,000. Finally, Los Angeles Capital Management LLC bought a new position in Karman in the 4th quarter worth approximately $35,000.

Karman News Summary

Here are the key news stories impacting Karman this week:

Positive Sentiment: Q2 earnings beat expectations: Karman reported adjusted earnings of $0.14 per share versus the $0.13 consensus estimate, compared with $0.10 a year earlier. Revenue reached approximately $182.1 million, a 58.2% year-over-year increase. Karman Q2 Earnings and Revenues Top Estimates
Positive Sentiment: Profitability improved substantially: Gross profit rose to $78.2 million and operating profit to $34.8 million. Net income attributable to common shareholders more than doubled to $14.0 million, while diluted EPS increased 120% year over year to $0.11. Cash increased to $51.7 million and total liabilities declined. Karman Stock Rises on Q2 2026 Earnings
Positive Sentiment: Full-year revenue outlook is broadly in line with expectations: Karman issued fiscal 2026 revenue guidance of $730 million to $745 million, compared with the consensus estimate of $731.4 million. Karman Space and Defense Q2 Results
Positive Sentiment: Needham retained a Buy rating: Although the firm reduced its price target from $125 to $80, the new target still implies substantial upside from the referenced share price, providing continued analyst support. Benzinga analyst update
Positive Sentiment: Financing costs may decline: Karman amended its credit agreement to refinance debt and lower interest expenses, which could support future earnings and cash flow. Karman Refinances Credit Agreement
Negative Sentiment: Target reduction signals valuation concerns: Needham’s cut from $125 to $80 indicates a more cautious view on valuation or near-term upside, even though the firm remains constructive on the stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Evercore set a $100.00 target price on shares of Karman in a report on Wednesday, May 13th. BWS Financial reaffirmed a “sell” rating and issued a $37.00 price target on shares of Karman in a report on Monday, May 18th. Royal Bank Of Canada reduced their price target on Karman from $100.00 to $85.00 and set an “outperform” rating for the company in a research report on Friday, July 24th. Weiss Ratings lowered Karman from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, June 29th. Finally, Citigroup dropped their price objective on Karman from $97.00 to $76.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $97.50.

View Our Latest Report on KRMN

Karman Trading Up 6.5%

Shares of KRMN stock opened at $58.75 on Friday. The company has a market capitalization of $7.79 billion, a PE ratio of 202.59 and a beta of 0.55. Karman Holdings Inc. has a 52-week low of $43.68 and a 52-week high of $118.38. The business’s fifty day moving average is $49.86 and its 200 day moving average is $73.14. The company has a debt-to-equity ratio of 2.08, a quick ratio of 3.38 and a current ratio of 3.53.

Karman (NYSE:KRMN – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.13 by $0.01. The company had revenue of $182.06 million during the quarter. Karman had a return on equity of 15.89% and a net margin of 6.31%.The firm’s revenue for the quarter was up 58.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.10 EPS. On average, equities research analysts anticipate that Karman Holdings Inc. will post 0.57 EPS for the current fiscal year.

Karman Company Profile

(Free Report)

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.

Glenmede Trust Co. NA Decreases Stock Position in Karman Holdings Inc. $KRMN

Karman News Summary

Analyst Ratings Changes

Karman Trading Up 6.5%

Karman Company Profile

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