Quantbot Technologies LP Trims Position in StandardAero, Inc. $SARO

Quantbot Technologies LP reduced its position in StandardAero, Inc. (NYSE:SARO) by 88.8% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 23,647 shares of the company’s stock after selling 188,140 shares during the period. Quantbot Technologies LP’s holdings in StandardAero were worth $645,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Comerica Bank purchased a new position in StandardAero during the first quarter worth about $26,000. Royal Bank of Canada increased its holdings in shares of StandardAero by 418.8% during the 1st quarter. Royal Bank of Canada now owns 138,268 shares of the company’s stock worth $3,682,000 after buying an additional 111,617 shares during the last quarter. AQR Capital Management LLC acquired a new stake in StandardAero during the first quarter worth about $521,000. Goldman Sachs Group Inc. acquired a new stake in StandardAero during the 1st quarter worth 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 worth approximately $12,343,000.

Analyst Ratings Changes

A number of research analysts have weighed in on SARO shares. Susquehanna set a $38.00 price target on shares of StandardAero in a research report on Thursday, January 15th. Weiss Ratings restated a “hold (c)” rating on shares of StandardAero in a report on Monday, December 22nd. Wall Street Zen upgraded StandardAero from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Royal Bank Of Canada restated an “outperform” rating and set a $37.00 price objective on shares of StandardAero in a research note on Thursday, January 29th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $39.00 target price on shares of StandardAero in a research report on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $34.67.

StandardAero Price Performance

SARO opened at $28.89 on Friday. StandardAero, Inc. has a twelve month low of $21.31 and a twelve month high of $34.48. The firm has a market cap of $9.61 billion, a price-to-earnings ratio of 34.81 and a beta of 1.02. The company has a current ratio of 2.20, a quick ratio of 1.57 and a debt-to-equity ratio of 0.82. The company has a fifty day simple moving average of $30.91 and a 200 day simple moving average of $28.43.

StandardAero (NYSE:SARO) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.24 EPS for the quarter, hitting analysts’ consensus estimates of $0.24. StandardAero had a net margin of 4.58% and a return on equity of 10.88%. The firm had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.57 billion. During the same quarter in the previous year, the business 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 announced that its Board of Directors has initiated a share repurchase program on Wednesday, December 10th that authorizes the company to repurchase $450.00 million in shares. This repurchase authorization authorizes the company to buy up to 5% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

Insiders Place Their Bets

In other StandardAero news, CEO Russell Wayne Ford sold 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $30.09, for a total transaction of $1,203,600.00. Following the completion of the sale, the chief executive officer owned 606,955 shares in the company, valued at $18,263,275.95. This trade represents a 6.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last ninety days, insiders sold 200,000 shares of company stock worth $6,044,000. 1.90% of the stock is owned by company insiders.

About StandardAero

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.