Fortress Investment Group LLC Buys 245,400 Shares of StandardAero, Inc. $SARO

Fortress Investment Group LLC boosted its stake in shares of StandardAero, Inc. (NYSE:SAROFree Report) by 35.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 945,400 shares of the company’s stock after buying an additional 245,400 shares during the quarter. StandardAero accounts for about 3.4% of Fortress Investment Group LLC’s holdings, making the stock its 9th biggest holding. Fortress Investment Group LLC owned approximately 0.28% of StandardAero worth $25,800,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in SARO. Comerica Bank acquired a new position in shares of StandardAero in the 1st quarter worth approximately $26,000. State of Wyoming acquired a new stake in StandardAero in the 3rd quarter valued at approximately $27,000. First Horizon Corp purchased a new stake in StandardAero in the third quarter valued at approximately $34,000. KBC Group NV raised its position in StandardAero by 32.2% in the second quarter. KBC Group NV now owns 2,605 shares of the company’s stock valued at $82,000 after purchasing an additional 635 shares during the period. Finally, CWM LLC lifted its stake in StandardAero by 46.7% during the third quarter. CWM LLC now owns 3,234 shares of the company’s stock worth $88,000 after purchasing an additional 1,029 shares in the last quarter.

Insider Transactions at StandardAero

In other news, CEO Russell Wayne Ford sold 40,000 shares of StandardAero stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $30.09, for a total value of $1,203,600.00. Following the completion of the transaction, the chief executive officer owned 606,955 shares in the company, valued at approximately $18,263,275.95. This trade represents a 6.18% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last quarter, insiders sold 200,000 shares of company stock valued at $6,044,000.

StandardAero Stock Down 1.9%

StandardAero stock opened at $26.08 on Monday. StandardAero, Inc. has a twelve month low of $21.31 and a twelve month high of $34.48. The stock’s fifty day simple moving average is $30.78 and its 200-day simple moving average is $28.47. The company has a current ratio of 2.20, a quick ratio of 1.57 and a debt-to-equity ratio of 0.82. The firm has a market capitalization of $8.68 billion, a P/E ratio of 31.42 and a beta of 1.02.

StandardAero (NYSE:SAROGet Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.24 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.24. StandardAero had a return on equity of 10.88% and a net margin of 4.58%.The business had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.57 billion. During the same period last year, the firm earned ($0.04) earnings per share. The company’s revenue for the quarter was up 13.5% compared to the same quarter last year. StandardAero has set its FY 2026 guidance at 1.350-1.450 EPS. As a group, equities analysts expect that StandardAero, Inc. will post 0.29 earnings per share for the current fiscal year.

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

Analyst Ratings Changes

SARO has been the subject of several research analyst reports. Wall Street Zen upgraded StandardAero from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Susquehanna set a $38.00 target price on StandardAero in a research note on Thursday, January 15th. Zacks Research upgraded StandardAero from a “strong sell” rating to a “strong-buy” rating in a report on Friday, February 27th. UBS Group lifted their target price on StandardAero from $34.00 to $35.00 and gave the company a “neutral” rating in a research report on Thursday, February 26th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $39.00 price target on shares of StandardAero in a research note on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $35.00.

Read Our Latest Analysis on SARO

StandardAero Company 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.

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Institutional Ownership by Quarter for StandardAero (NYSE:SARO)

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