Bessemer Group Inc. Acquires 3,102,973 Shares of StandardAero, Inc. $SARO

Bessemer Group Inc. increased its holdings in shares of StandardAero, Inc. (NYSE:SARO) by 447,114.3% in the fourth quarter, HoldingsChannel reports. The firm owned 3,103,667 shares of the company’s stock after buying an additional 3,102,973 shares during the period. Bessemer Group Inc.’s holdings in StandardAero were worth $89,014,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of SARO. Cerity Partners LLC boosted its holdings in shares of StandardAero by 0.6% during the second quarter. Cerity Partners LLC now owns 69,758 shares of the company’s stock worth $2,208,000 after acquiring an additional 416 shares during the period. PNC Financial Services Group Inc. boosted its holdings in shares of StandardAero by 20.5% during the third quarter. PNC Financial Services Group Inc. now owns 4,411 shares of the company’s stock worth $120,000 after acquiring an additional 751 shares during the period. Comerica Bank bought a new stake in shares of StandardAero during the first quarter worth approximately $26,000. State of Wyoming bought a new stake in shares of StandardAero during the third quarter worth approximately $27,000. Finally, CWM LLC boosted its holdings in shares of StandardAero by 46.7% during the third quarter. CWM LLC now owns 3,234 shares of the company’s stock worth $88,000 after acquiring an additional 1,029 shares during the period.

StandardAero Stock Down 4.1%

NYSE SARO opened at $25.24 on Friday. The business has a fifty day moving average price of $26.31 and a two-hundred day moving average price of $28.10. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.12 and a quick ratio of 1.57. StandardAero, Inc. has a fifty-two week low of $23.83 and a fifty-two week high of $34.48. The stock has a market capitalization of $8.39 billion, a PE ratio of 28.69 and a beta of 0.81.

StandardAero (NYSE:SARO) last released its earnings results on Thursday, May 7th. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.03. The firm had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.49 billion. StandardAero had a return on equity of 12.36% and a net margin of 4.71%.The company’s quarterly revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.19 earnings per share. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. Equities analysts expect that StandardAero, Inc. will post 1.42 earnings per share for the current fiscal year.

Insider Activity at StandardAero

In other news, insider Anthony Brancato sold 1,107 shares of the company’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $27.36, for a total transaction of $30,287.52. Following the completion of the transaction, the insider directly owned 2,991 shares in the company, valued at approximately $81,833.76. This represents a 27.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Lewis Prebble sold 1,141 shares of the company’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $27.36, for a total transaction of $31,217.76. Following the transaction, the insider owned 3,006 shares of the company’s stock, valued at $82,244.16. This trade represents a 27.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 59,337 shares of company stock valued at $1,732,660. 1.90% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and issued a $39.00 price target on shares of StandardAero in a research report on Friday, May 8th. Susquehanna dropped their price target on shares of StandardAero from $40.00 to $37.00 and set a “positive” rating for the company in a research report on Monday. BTIG Research assumed coverage on shares of StandardAero in a research report on Thursday, April 2nd. They issued a “buy” rating and a $35.00 price target for the company. Royal Bank Of Canada dropped their price target on shares of StandardAero from $37.00 to $34.00 and set an “outperform” rating for the company in a research report on Friday, May 1st. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $39.00 price target on shares of StandardAero in a research report on Tuesday, February 24th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $34.64.

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.