Infrastructure Capital Advisors LLC bought a new stake in shares of StandardAero, Inc. (NYSE:SARO – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 29,402 shares of the company’s stock, valued at approximately $879,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of SARO. Cerity Partners LLC increased its holdings in StandardAero by 0.6% during the 2nd quarter. Cerity Partners LLC now owns 69,758 shares of the company’s stock worth $2,208,000 after acquiring an additional 416 shares during the period. Royal Bank of Canada lifted its stake in StandardAero by 0.3% in the 1st quarter. Royal Bank of Canada now owns 161,325 shares of the company’s stock worth $4,167,000 after purchasing an additional 448 shares in the last quarter. Comerica Bank bought a new position in StandardAero in the 1st quarter valued at $26,000. GAMMA Investing LLC grew its position in shares of StandardAero by 54.6% during the 2nd quarter. GAMMA Investing LLC now owns 3,002 shares of the company’s stock valued at $90,000 after purchasing an additional 1,060 shares in the last quarter. Finally, US Bancorp DE grew its position in shares of StandardAero by 46.4% during the 3rd quarter. US Bancorp DE now owns 4,506 shares of the company’s stock valued at $123,000 after purchasing an additional 1,428 shares in the last quarter.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on SARO shares. Susquehanna lowered their price objective on StandardAero from $40.00 to $37.00 and set a “positive” rating on the stock in a research report on Monday, May 11th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and set a $39.00 price target on shares of StandardAero in a research report on Friday, May 8th. UBS Group boosted their price objective on StandardAero from $35.00 to $36.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Wall Street Zen cut shares of StandardAero from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Finally, Jefferies Financial Group downgraded shares of StandardAero from a “buy” rating to a “hold” rating and lowered their target price for the company from $34.00 to $30.00 in a research note on Tuesday, June 2nd. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.77.
StandardAero Stock Down 0.1%
SARO opened at $25.04 on Monday. The business’s fifty day simple moving average is $28.19 and its 200 day simple moving average is $27.65. StandardAero, Inc. has a 52 week low of $23.83 and a 52 week high of $34.48. The company has a quick ratio of 1.59, a current ratio of 2.13 and a debt-to-equity ratio of 0.84. The stock has a market cap of $8.29 billion, a PE ratio of 25.81 and a beta of 0.92.
StandardAero (NYSE:SARO – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.08. The firm had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.59 billion. StandardAero had a return on equity of 14.52% and a net margin of 5.12%.The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.20 EPS. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. As a group, research analysts expect that StandardAero, Inc. will post 1.51 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other StandardAero news, CEO Russell Wayne Ford sold 20,413 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $30.56, for a total value of $623,821.28. Following the completion of the sale, the chief executive officer owned 295,573 shares of the company’s stock, valued at $9,032,710.88. This represents a 6.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In the last ninety days, insiders sold 191,423 shares of company stock valued at $5,847,760. Insiders own 2.10% of the company’s stock.
StandardAero Profile
StandardAero is a global aerospace maintenance, repair and overhaul (MRO) provider specializing in gas turbine engines, auxiliary power units (APUs), airframe components and oil & gas rotating equipment. The company offers a full suite of technical services including engine repair and overhaul, component repair, accessory maintenance, parts manufacturing and on-site field support. Its customer base spans commercial airlines, business and general aviation operators, regional carriers, original equipment manufacturers (OEMs) and defense organizations.
With roots dating back to 1911, StandardAero has grown through strategic acquisitions and organic expansion to become one of the largest independent MRO providers in the industry.
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