StandardAero, Inc. $SARO Shares Sold by Quantbot Technologies LP

Quantbot Technologies LP lowered its stake in StandardAero, Inc. (NYSE:SARO) by 88.8% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 23,647 shares of the company’s stock after selling 188,140 shares during the period. Quantbot Technologies LP’s holdings in StandardAero were worth $645,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Parnassus Investments LLC raised its holdings in shares of StandardAero by 120.9% during the third quarter. Parnassus Investments LLC now owns 1,139,581 shares of the company’s stock worth $31,099,000 after purchasing an additional 623,652 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of StandardAero in the 3rd quarter valued at about $1,479,000. Envestnet Asset Management Inc. acquired a new position in shares of StandardAero in the 2nd quarter valued at about $639,000. Norges Bank bought a new stake in shares of StandardAero during the 2nd quarter valued at about $203,038,000. Finally, Rhumbline Advisers raised its stake in StandardAero by 83.5% during the second quarter. Rhumbline Advisers now owns 134,651 shares of the company’s stock worth $4,262,000 after acquiring an additional 61,286 shares during the period.

Insiders Place Their Bets

In other StandardAero news, CEO Russell Wayne Ford sold 40,000 shares of StandardAero stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $30.09, for a total transaction of $1,203,600.00. Following the sale, the chief executive officer owned 606,955 shares of the company’s stock, valued at $18,263,275.95. The trade was a 6.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last 90 days, insiders sold 200,000 shares of company stock worth $6,044,000. 1.90% of the stock is owned by insiders.

StandardAero Trading Down 1.4%

StandardAero stock opened at $28.89 on Friday. The company has a quick ratio of 1.57, a current ratio of 2.20 and a debt-to-equity ratio of 0.82. The firm has a 50-day moving average price of $30.91 and a two-hundred day moving average price of $28.43. The firm has a market capitalization of $9.61 billion, a price-to-earnings ratio of 34.81 and a beta of 1.02. StandardAero, Inc. has a 52-week low of $21.31 and a 52-week high of $34.48.

StandardAero (NYSE:SARO) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.24 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.24. The company had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.57 billion. StandardAero had a return on equity of 10.88% and a net margin of 4.58%.The business’s revenue for the quarter was up 13.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.04) earnings per share. StandardAero has set its FY 2026 guidance at 1.350-1.450 EPS. Sell-side analysts expect that StandardAero, Inc. will post 0.29 earnings per share for the current year.

StandardAero announced that its Board of Directors has authorized a share repurchase plan on Wednesday, December 10th that authorizes the company to buyback $450.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 5% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

Analysts Set New Price Targets

A number of equities analysts have issued reports on SARO shares. UBS Group raised their target price on shares of StandardAero from $34.00 to $35.00 and gave the stock a “neutral” rating in a report on Thursday, February 26th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $39.00 target price on shares of StandardAero in a report on Tuesday, February 24th. Royal Bank Of Canada reissued an “outperform” rating and issued a $37.00 price target on shares of StandardAero in a report on Thursday, January 29th. Weiss Ratings restated a “hold (c)” rating on shares of StandardAero in a research report on Monday, December 22nd. Finally, Bank of America lowered their price objective on StandardAero from $33.00 to $30.00 and set a “neutral” rating for the company in a research note on Friday, November 14th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $34.67.

About StandardAero

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.