M.D. Sass LLC Grows Holdings in StandardAero, Inc. $SARO

M.D. Sass LLC lifted its stake in shares of StandardAero, Inc. (NYSE:SARO) by 7.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,149,680 shares of the company’s stock after buying an additional 158,143 shares during the quarter. StandardAero makes up about 4.2% of M.D. Sass LLC’s investment portfolio, making the stock its 11th largest holding. M.D. Sass LLC’s holdings in StandardAero were worth $55,526,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Norges Bank bought a new position in StandardAero during the 4th quarter valued at $217,655,000. Allspring Global Investments Holdings LLC raised its stake in shares of StandardAero by 42.8% in the 1st 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 raised its stake in shares of StandardAero by 33.8% in 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 purchasing an additional 3,540,167 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of StandardAero by 175.8% during the fourth quarter. Victory Capital Management Inc. now owns 5,040,723 shares of the company’s stock worth $144,568,000 after purchasing an additional 3,212,827 shares during the last quarter. Finally, Bessemer Group Inc. lifted its position in shares of StandardAero by 447,114.3% during the fourth quarter. Bessemer Group Inc. now owns 3,103,667 shares of the company’s stock worth $89,014,000 after purchasing an additional 3,102,973 shares during the last quarter.

Insider Activity at StandardAero

In other news, CEO Russell Wayne Ford sold 40,000 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $30.44, for a total transaction of $1,217,600.00. Following the completion of the transaction, the chief executive officer directly owned 486,955 shares of the company’s stock, valued at approximately $14,822,910.20. This represents a 7.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 2.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. UBS Group upgraded StandardAero from a “neutral” rating to a “buy” rating and decreased their price target for the stock from $35.00 to $34.00 in a research note on Monday, May 11th. Truist Financial upgraded StandardAero to a “strong-buy” rating in a research note on Friday, May 1st. Jefferies Financial Group downgraded StandardAero from a “buy” rating to a “hold” rating and reduced their target price for the stock from $34.00 to $30.00 in a report on Tuesday, June 2nd. Wells Fargo & Company assumed coverage on StandardAero in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $32.00 target price for the company. Finally, Royal Bank Of Canada lowered their price target on StandardAero from $37.00 to $34.00 and set an “outperform” rating for the company in a report on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $34.00.

StandardAero Trading Up 2.4%

NYSE SARO opened at $28.24 on Friday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.59 and a current ratio of 2.12. StandardAero, Inc. has a one year low of $23.83 and a one year high of $34.48. The company has a 50-day simple moving average of $27.27 and a 200-day simple moving average of $28.14. The firm has a market capitalization of $9.39 billion, a PE ratio of 32.09 and a beta of 0.91.

StandardAero (NYSE:SARO) last released its quarterly earnings data 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. StandardAero had a net margin of 4.71% and a return on equity of 12.36%. The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same quarter in the prior year, the business earned $0.19 earnings per share. StandardAero’s quarterly revenue was up 13.3% on a year-over-year basis. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. On average, equities analysts forecast that StandardAero, Inc. will post 1.42 earnings per share for the current 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.