Ghisallo Capital Management LLC Sells 1,412,869 Shares of StandardAero, Inc. $SARO

Ghisallo Capital Management LLC trimmed its holdings in shares of StandardAero, Inc. (NYSE:SARO) by 65.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 750,000 shares of the company’s stock after selling 1,412,869 shares during the quarter. Ghisallo Capital Management LLC owned 0.22% of StandardAero worth $20,468,000 at the end of the most recent quarter.

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on SARO shares. Zacks Research upgraded shares of StandardAero from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, February 27th. Bank of America decreased their price target on StandardAero from $33.00 to $30.00 and set a “neutral” rating for the company in a report on Friday, November 14th. Weiss Ratings reissued a “hold (c)” rating on shares of StandardAero in a research report on Monday, December 22nd. Royal Bank Of Canada restated an “outperform” rating and set a $37.00 target price on shares of StandardAero in a research report on Thursday, January 29th. Finally, UBS Group lifted their target price on StandardAero from $34.00 to $35.00 and gave the stock a “neutral” rating in a report on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $35.00.

Insider Activity

In related news, CEO Russell Wayne Ford sold 40,000 shares of StandardAero stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $30.09, for a total value of $1,203,600.00. Following the completion of the sale, the chief executive officer owned 606,955 shares of the company’s stock, valued at approximately $18,263,275.95. This trade represents a 6.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last quarter, insiders sold 200,000 shares of company stock valued at $6,044,000. 1.90% of the stock is owned by company insiders.

StandardAero Price Performance

SARO stock opened at $26.08 on Friday. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.20 and a quick ratio of 1.57. The company’s 50-day moving average is $30.78 and its 200-day moving average is $28.45. The stock has a market capitalization of $8.68 billion, a PE ratio of 31.42 and a beta of 1.02. StandardAero, Inc. has a 1 year low of $21.31 and a 1 year high of $34.48.

StandardAero (NYSE:SARO) last issued its 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 10.88% and a net margin of 4.58%.The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.57 billion. During the same period in the previous year, the company posted ($0.04) EPS. The firm’s revenue was up 13.5% compared to the same quarter last year. StandardAero has set its FY 2026 guidance at 1.350-1.450 EPS. Equities research analysts expect that StandardAero, Inc. will post 0.29 EPS for the current fiscal year.

StandardAero declared that its Board of Directors has initiated a share repurchase plan on Wednesday, December 10th that allows the company to buyback $450.00 million in shares. This buyback authorization allows the company to repurchase up to 5% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

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.