Expect Equity LLC Invests $3.63 Million in StandardAero, Inc. $SARO

Expect Equity LLC acquired a new stake in shares of StandardAero, Inc. (NYSE:SARO) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 121,378 shares of the company’s stock, valued at approximately $3,630,000. StandardAero accounts for about 2.3% of Expect Equity LLC’s portfolio, making the stock its 9th largest holding.

A number of other institutional investors also recently bought and sold shares of SARO. Carlyle Group Inc. purchased a new position in StandardAero during the second quarter valued at $2,529,998,000. BlackRock Inc. purchased a new stake in StandardAero in the second quarter worth about $646,128,000. Allspring Global Investments Holdings LLC raised its stake in shares of StandardAero by 42.8% in the first quarter. Allspring Global Investments Holdings LLC now owns 15,081,516 shares of the company’s stock worth $395,890,000 after buying an additional 4,523,693 shares during the period. Price T Rowe Associates Inc. MD lifted its position in shares of StandardAero by 33.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,000,143 shares of the company’s stock valued at $401,525,000 after buying an additional 3,540,167 shares in the last quarter. Finally, Janus Henderson Group PLC lifted its position in shares of StandardAero by 7.3% during the 1st quarter. Janus Henderson Group PLC now owns 12,040,337 shares of the company’s stock valued at $311,002,000 after buying an additional 816,276 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on SARO. JPMorgan Chase & Co. increased their target price on shares of StandardAero from $38.00 to $40.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. UBS Group upped their price target on shares of StandardAero from $35.00 to $36.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Royal Bank Of Canada reduced their price objective on shares of StandardAero from $37.00 to $34.00 and set an “outperform” rating for the company in a research note on Friday, May 1st. Weiss Ratings upgraded shares of StandardAero from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 29th. Finally, Truist Financial raised shares of StandardAero to a “strong-buy” rating in a report on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $34.77.

Insider Activity at StandardAero

In other news, CEO Russell Wayne Ford sold 40,000 shares of the business’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $30.44, for a total value of $1,217,600.00. Following the transaction, the chief executive officer owned 486,955 shares of the company’s stock, valued at approximately $14,822,910.20. The trade was a 7.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold a total of 191,423 shares of company stock valued at $5,847,760 over the last quarter. 2.10% of the stock is currently owned by insiders.

StandardAero Stock Up 1.8%

Shares of SARO opened at $25.02 on Wednesday. The business’s 50 day moving average is $28.11 and its 200 day moving average is $27.58. 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, Inc. has a 12-month low of $23.83 and a 12-month high of $34.48. The company has a market capitalization of $8.28 billion, a PE ratio of 25.80 and a beta of 0.92.

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 the consensus estimate of $0.32 by $0.08. StandardAero had a return on equity of 14.52% and a net margin of 5.12%.The business had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.59 billion. During the same period in the prior year, the company posted $0.20 EPS. The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. Research analysts expect that StandardAero, Inc. will post 1.51 earnings per share for the current fiscal year.

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.