Does Saturated Fat Increase LDL Cholesterol?

One can't even honestly effectively answer this question because it is just too broad.

A better line of questioning is what kind of saturated fat, compared to what, and in whom?

This is because not all saturated fats have the same effect on LDL cholesterol on the group level and on the individual level it is even more hyper-nuanced.

“LDL-C concentrations were significantly increased on butter compared with coconut oil and with olive oil, with no differences in change of LDL-C in coconut oil compared with olive oil."- Khaw et al., 2018

So the effects of coconut oil on blood lipids are different than butter?

Yes on average.