StandardAero, Inc. $SARO Shares Acquired by Thornburg Investment Management Inc.

Thornburg Investment Management Inc. raised its holdings in shares of StandardAero, Inc. (NYSE:SARO) by 9.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 232,502 shares of the company’s stock after buying an additional 20,713 shares during the period. Thornburg Investment Management Inc.’s holdings in StandardAero were worth $6,668,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. ArrowMark Colorado Holdings LLC increased its position in shares of StandardAero by 45.5% during the third quarter. ArrowMark Colorado Holdings LLC now owns 2,428,485 shares of the company’s stock worth $66,273,000 after purchasing an additional 759,694 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of StandardAero during the third quarter worth $1,241,000. Allspring Global Investments Holdings LLC increased its position in shares of StandardAero by 16.4% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 10,557,823 shares of the company’s stock worth $312,934,000 after purchasing an additional 1,484,755 shares in the last quarter. Fortress Investment Group LLC increased its position in shares of StandardAero by 35.1% during the third quarter. Fortress Investment Group LLC now owns 945,400 shares of the company’s stock worth $25,800,000 after purchasing an additional 245,400 shares in the last quarter. Finally, Vulcan Value Partners LLC acquired a new position in shares of StandardAero during the fourth quarter worth $13,618,000.

Insider Buying and Selling

In other StandardAero news, insider Anthony Brancato sold 1,107 shares of the company’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $27.36, for a total value of $30,287.52. Following the sale, the insider directly owned 2,991 shares of the company’s stock, valued at approximately $81,833.76. This represents a 27.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Russell Wayne Ford sold 10,638 shares of the company’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $27.36, for a total transaction of $291,055.68. Following the completion of the sale, the chief executive officer directly owned 14,342 shares in the company, valued at approximately $392,397.12. The trade was a 42.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 19,337 shares of company stock valued at $529,060 in the last 90 days. 2.10% of the stock is currently owned by insiders.

StandardAero Price Performance

NYSE:SARO opened at $26.91 on Monday. StandardAero, Inc. has a one year low of $23.83 and a one year high of $34.48. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.59 and a current ratio of 2.12. The firm has a market cap of $8.95 billion, a price-to-earnings ratio of 30.58 and a beta of 0.97. The firm’s fifty day moving average is $26.09 and its two-hundred day moving average is $28.04.

StandardAero (NYSE:SARO) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.30 by $0.03. StandardAero had a net margin of 4.71% and a return on equity of 12.36%. The company had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same period in the prior year, the company earned $0.19 earnings per share. The firm’s revenue was up 13.3% on a year-over-year basis. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. Research analysts expect that StandardAero, Inc. will post 1.42 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on SARO shares. Wall Street Zen downgraded StandardAero from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Canadian Imperial Bank of Commerce reissued an “outperform” rating and issued a $39.00 target price on shares of StandardAero in a research report on Friday, May 8th. Morgan Stanley cut their target price on StandardAero from $35.00 to $34.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 12th. Sanford C. Bernstein reissued an “outperform” rating and issued a $39.00 target price on shares of StandardAero in a research report on Tuesday, February 24th. Finally, UBS Group raised StandardAero from a “neutral” rating to a “buy” rating and cut their target price for the company from $35.00 to $34.00 in a research report on Monday, May 11th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, StandardAero has an average rating of “Moderate Buy” and an average target price of $34.25.

StandardAero Company 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.