19,615 Shares in StandardAero, Inc. $SARO Purchased by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. acquired a new stake in shares of StandardAero, Inc. (NYSE:SAROFree Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 19,615 shares of the company’s stock, valued at approximately $535,000.

A number of other institutional investors also recently bought and sold shares of the company. Comerica Bank purchased a new position in shares of StandardAero in the first quarter worth approximately $26,000. Royal Bank of Canada lifted its position in shares of StandardAero by 418.8% during the 1st quarter. Royal Bank of Canada now owns 138,268 shares of the company’s stock valued at $3,682,000 after buying an additional 111,617 shares in the last quarter. AQR Capital Management LLC bought a new position in shares of StandardAero during the 1st quarter valued at approximately $521,000. Goldman Sachs Group Inc. purchased a new stake in StandardAero in the 1st quarter worth approximately $6,821,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in StandardAero in the 1st quarter worth approximately $12,343,000.

StandardAero Trading Down 3.6%

Shares of StandardAero stock opened at $30.75 on Friday. StandardAero, Inc. has a twelve month low of $21.31 and a twelve month high of $34.48. The company has a quick ratio of 1.48, a current ratio of 2.18 and a debt-to-equity ratio of 0.89. The business has a 50-day moving average price of $30.87 and a 200-day moving average price of $28.34. The firm has a market cap of $10.28 billion, a price-to-earnings ratio of 37.04 and a beta of 1.04.

StandardAero (NYSE:SAROGet Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $0.24 EPS for the quarter, meeting analysts’ consensus estimates of $0.24. StandardAero had a return on equity of 11.04% and a net margin of 4.58%.The company had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.57 billion. During the same period in the prior year, the company earned ($0.04) earnings per share. The firm’s revenue was up 13.5% on a year-over-year basis. StandardAero has set its FY 2026 guidance at 1.350-1.450 EPS. Equities research analysts anticipate that StandardAero, Inc. will post 0.29 EPS for the current fiscal year.

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

Analysts Set New Price Targets

SARO has been the subject of a number of recent analyst reports. Wall Street Zen upgraded shares of StandardAero from a “hold” rating to a “buy” rating in a research report on Saturday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of StandardAero in a report on Monday, December 22nd. Royal Bank Of Canada reissued an “outperform” rating and set a $37.00 price target on shares of StandardAero in a report on Thursday, January 29th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $39.00 price objective on shares of StandardAero in a research note on Tuesday. Finally, UBS Group lifted their target price on StandardAero from $34.00 to $35.00 and gave the company a “neutral” rating in a research note on Thursday. Four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, StandardAero presently has a consensus rating of “Hold” and an average price target of $34.67.

Get Our Latest Stock Report on SARO

Insiders Place Their Bets

In other StandardAero news, CEO Russell Wayne Ford sold 40,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $30.12, for a total transaction of $1,204,800.00. Following the sale, the chief executive officer directly owned 726,955 shares in the company, valued at $21,895,884.60. This represents a 5.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Insiders sold 160,000 shares of company stock worth $4,840,400 over the last quarter. Insiders own 1.90% of the company’s stock.

StandardAero Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for StandardAero (NYSE:SARO)

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