Sanctuary Advisors LLC Purchases Shares of 24,007 StandardAero, Inc. $SARO

Sanctuary Advisors LLC purchased a new position in shares of StandardAero, Inc. (NYSE:SARO) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 24,007 shares of the company’s stock, valued at approximately $718,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Carlyle Group Inc. purchased a new position in shares of StandardAero in the 2nd quarter valued at about $2,529,998,000. BlackRock Inc. purchased a new stake in StandardAero during the second quarter worth approximately $646,128,000. Allspring Global Investments Holdings LLC boosted its holdings in StandardAero by 42.8% in the first quarter. Allspring Global Investments Holdings LLC now owns 15,081,516 shares of the company’s stock valued at $395,890,000 after purchasing an additional 4,523,693 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in StandardAero by 33.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 14,000,143 shares of the company’s stock valued at $401,525,000 after purchasing an additional 3,540,167 shares in the last quarter. Finally, Janus Henderson Group PLC increased its stake in StandardAero by 7.3% in the first quarter. Janus Henderson Group PLC now owns 12,040,337 shares of the company’s stock valued at $311,002,000 after purchasing an additional 816,276 shares during the last quarter.

Insider Buying and Selling at StandardAero

In other news, CEO Russell Wayne Ford sold 20,413 shares of the stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $30.56, for a total transaction of $623,821.28. Following the completion of the sale, the chief executive officer owned 295,573 shares in the company, valued at approximately $9,032,710.88. This represents a 6.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold a total of 191,423 shares of company stock worth $5,847,760 in the last three months. 2.10% of the stock is currently owned by corporate insiders.

StandardAero Stock Performance

Shares of StandardAero stock opened at $25.05 on Friday. The firm’s fifty day simple moving average is $27.96 and its 200-day simple moving average is $27.49. StandardAero, Inc. has a 12 month low of $23.83 and a 12 month high of $34.48. The stock has a market capitalization of $8.29 billion, a price-to-earnings ratio of 25.83 and a beta of 0.92. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.13 and a quick ratio of 1.59.

StandardAero (NYSE:SARO) last issued 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 firm had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.59 billion. StandardAero had a net margin of 5.12% and a return on equity of 14.52%. StandardAero’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.20 EPS. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. As a group, equities analysts forecast that StandardAero, Inc. will post 1.51 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have weighed in on SARO. Zacks Research cut shares of StandardAero from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. Royal Bank Of Canada lowered their target price on shares of StandardAero from $37.00 to $34.00 and set an “outperform” rating for the company in a report on Friday, May 1st. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of StandardAero in a research report on Monday. Morgan Stanley set a $33.00 price target on shares of StandardAero in a research note on Monday, August 10th. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating and issued a $39.00 price target on shares of StandardAero in a research report on Friday, May 8th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price 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.