M.D. Sass LLC Takes $70.19 Million Position in StandardAero, Inc. $SARO

M.D. Sass LLC acquired a new stake in shares of StandardAero, Inc. (NYSE:SARO) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 2,346,749 shares of the company’s stock, valued at approximately $70,191,000. StandardAero comprises about 4.6% of M.D. Sass LLC’s holdings, making the stock its 10th largest holding. M.D. Sass LLC owned approximately 0.71% of StandardAero at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Comerica Bank purchased a new position in shares of StandardAero during the first quarter valued at approximately $26,000. Optiver Holding B.V. purchased a new stake in StandardAero in the first quarter worth approximately $51,000. Danske Bank A S bought a new stake in StandardAero in the 3rd quarter worth approximately $82,000. Parallel Advisors LLC raised its stake in StandardAero by 210.3% during the 4th quarter. Parallel Advisors LLC now owns 3,050 shares of the company’s stock valued at $87,000 after buying an additional 2,067 shares during the last quarter. Finally, GAMMA Investing LLC lifted its holdings 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 buying an additional 1,060 shares during the period.

StandardAero Trading Down 1.4%

StandardAero stock opened at $27.00 on Wednesday. StandardAero, Inc. has a 12-month low of $23.83 and a 12-month high of $34.48. The firm has a market capitalization of $8.94 billion, a price-to-earnings ratio of 27.84 and a beta of 0.92. The firm has a 50 day moving average of $28.21 and a 200 day moving average of $27.77. The company has a current ratio of 2.13, a quick ratio of 1.59 and a debt-to-equity ratio of 0.84.

StandardAero (NYSE:SARO) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.08. The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.59 billion. StandardAero had a net margin of 5.12% and a return on equity of 14.52%. The company’s revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.20 earnings per share. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. As a group, research analysts predict that StandardAero, Inc. will post 1.51 earnings per share for the current year.

Insiders Place Their Bets

In other StandardAero news, CEO Russell Wayne Ford sold 40,000 shares of the stock in a transaction on Monday, July 6th. The stock was sold at an average price of $30.44, for a total value of $1,217,600.00. Following the completion of the sale, the chief executive officer owned 486,955 shares in the company, valued at approximately $14,822,910.20. This represents a 7.59% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last ninety days, insiders have sold 191,423 shares of company stock valued at $5,847,760. Corporate insiders own 2.10% of the company’s stock.

Analyst Upgrades and Downgrades

SARO has been the subject of a number of research reports. Zacks Research cut StandardAero from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 12th. UBS Group increased their price objective on shares of StandardAero from $35.00 to $36.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Truist Financial upgraded shares of StandardAero to a “strong-buy” rating in a research report on Friday, May 1st. Jefferies Financial Group downgraded shares of StandardAero from a “buy” rating to a “hold” rating and decreased their price target for the stock from $34.00 to $30.00 in a research report on Tuesday, June 2nd. Finally, JPMorgan Chase & Co. boosted their price objective on shares of StandardAero from $38.00 to $40.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. 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, StandardAero currently has an average rating of “Moderate Buy” and a consensus price target of $34.77.

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.