SG Americas Securities LLC Increases Position in StandardAero, Inc. $SARO

SG Americas Securities LLC lifted its position in StandardAero, Inc. (NYSE:SARO) by 1,714.7% during the 1st quarter, Holdings Channel.com reports. The fund owned 177,643 shares of the company’s stock after acquiring an additional 167,854 shares during the period. SG Americas Securities LLC’s holdings in StandardAero were worth $4,589,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD grew its stake in StandardAero by 33.8% during 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 during the last quarter. T. Rowe Price Investment Management Inc. boosted its position in StandardAero by 11.1% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 11,984,551 shares of the company’s stock valued at $343,717,000 after buying an additional 1,194,488 shares during the last quarter. Janus Henderson Group PLC boosted its position in StandardAero by 11.0% in the fourth quarter. Janus Henderson Group PLC now owns 11,224,061 shares of the company’s stock valued at $321,906,000 after buying an additional 1,108,066 shares during the last quarter. Wellington Management Group LLP increased its holdings in StandardAero by 5.0% in the 4th quarter. Wellington Management Group LLP now owns 10,867,767 shares of the company’s stock worth $311,688,000 after buying an additional 522,203 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its holdings in StandardAero by 16.4% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 10,557,823 shares of the company’s stock worth $312,934,000 after buying an additional 1,484,755 shares during the period.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Weiss Ratings cut shares of StandardAero from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, May 29th. UBS Group raised shares of StandardAero from a “neutral” rating to a “buy” rating and reduced their target price for the stock from $35.00 to $34.00 in a report on Monday, May 11th. Wells Fargo & Company began coverage on shares of StandardAero in a research report on Wednesday, April 1st. They set an “overweight” rating and a $32.00 target price for the company. BTIG Research assumed coverage on shares of StandardAero in a report on Thursday, April 2nd. They issued a “buy” rating and a $35.00 price target on the stock. Finally, Zacks Research downgraded StandardAero from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 12th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, StandardAero has a consensus rating of “Moderate Buy” and a consensus price target of $34.25.

StandardAero Trading Up 1.8%

Shares of NYSE:SARO opened at $28.65 on Tuesday. StandardAero, Inc. has a 12-month low of $23.83 and a 12-month high of $34.48. The company has a market capitalization of $9.53 billion, a PE ratio of 32.56 and a beta of 0.97. The business has a 50 day moving average of $26.25 and a two-hundred day moving average of $28.16. The company has a current ratio of 2.12, a quick ratio of 1.59 and a debt-to-equity ratio of 0.81.

StandardAero (NYSE:SARO) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.30 by $0.03. The business had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.49 billion. StandardAero had a return on equity of 12.36% and a net margin of 4.71%.The business’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.19 EPS. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. As a group, analysts forecast that StandardAero, Inc. will post 1.42 EPS for the current year.

Insider Activity

In other news, insider Lewis Prebble sold 1,141 shares of the stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $27.36, for a total transaction of $31,217.76. Following the sale, the insider directly owned 3,006 shares of the company’s stock, valued at $82,244.16. This represents a 27.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Kimberly Ernzen sold 2,516 shares of the stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $27.36, for a total transaction of $68,837.76. Following the sale, the chief operating officer directly owned 6,632 shares in the company, valued at approximately $181,451.52. The trade was a 27.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 19,337 shares of company stock valued at $529,060 in the last three months. Corporate insiders own 2.10% of the company’s stock.

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.