Envestnet Asset Management Inc. Boosts Stock Holdings in StandardAero, Inc. $SARO

Envestnet Asset Management Inc. lifted its position in StandardAero, Inc. (NYSE:SARO) by 188.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 58,351 shares of the company’s stock after purchasing an additional 38,147 shares during the period. Envestnet Asset Management Inc.’s holdings in StandardAero were worth $1,592,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Comerica Bank purchased a new position in StandardAero in the first quarter valued at $26,000. State of Wyoming acquired a new stake in shares of StandardAero during the 3rd quarter valued at about $27,000. First Horizon Advisors Inc. increased its stake in shares of StandardAero by 100.4% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,016 shares of the company’s stock valued at $32,000 after purchasing an additional 509 shares in the last quarter. First Horizon Corp acquired a new position in StandardAero in the 3rd quarter worth about $34,000. Finally, KBC Group NV raised its holdings in StandardAero by 32.2% in the 2nd quarter. KBC Group NV now owns 2,605 shares of the company’s stock worth $82,000 after purchasing an additional 635 shares during the period.

StandardAero Price Performance

Shares of SARO stock opened at $30.75 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.18 and a quick ratio of 1.48. The company has a market capitalization of $10.28 billion, a PE ratio of 37.04 and a beta of 1.04. The firm’s 50-day moving average is $30.87 and its two-hundred day moving average is $28.34. StandardAero, Inc. has a 12 month low of $21.31 and a 12 month high of $34.48.

StandardAero (NYSE:SARO) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $0.24 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.24. The business had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.57 billion. StandardAero had a net margin of 4.58% and a return on equity of 11.04%. The business’s revenue was up 13.5% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.04) EPS. StandardAero has set its FY 2026 guidance at 1.350-1.450 EPS. Analysts predict that StandardAero, Inc. will post 0.29 earnings per share for the current year.

StandardAero declared that its board has approved a share buyback plan on Wednesday, December 10th that authorizes the company to repurchase $450.00 million in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 5% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several brokerages have commented on SARO. Royal Bank Of Canada reissued an “outperform” rating and issued a $37.00 price objective on shares of StandardAero in a report on Thursday, January 29th. Wall Street Zen upgraded StandardAero from a “hold” rating to a “buy” rating in a research report on Saturday. Weiss Ratings reissued a “hold (c)” rating on shares of StandardAero in a report on Monday, December 22nd. UBS Group boosted their target price on StandardAero from $34.00 to $35.00 and gave the stock a “neutral” rating in a report on Thursday. Finally, Zacks Research lowered StandardAero from a “hold” rating to a “strong sell” rating in a research report on Friday, January 23rd. Four investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $34.67.

Insider Transactions at StandardAero

In other news, CEO Russell Wayne Ford sold 40,000 shares of the stock in a transaction 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 completion of the transaction, the chief executive officer directly owned 726,955 shares in the company, valued at approximately $21,895,884.60. This represents a 5.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders sold a total of 160,000 shares of company stock worth $4,840,400 over the last ninety days. 1.90% of the stock is owned by company insiders.

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.