PDT Partners LLC Invests $598,000 in StandardAero, Inc. $SARO

PDT Partners LLC bought a new stake in StandardAero, Inc. (NYSE:SARO) in the second quarter, Holdings Channel.com reports. The firm bought 20,000 shares of the company’s stock, valued at approximately $598,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of SARO. Comerica Bank purchased a new stake in StandardAero during the 1st quarter valued at about $26,000. Optiver Holding B.V. purchased a new position in StandardAero in the 1st quarter worth approximately $51,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of StandardAero during the 2nd quarter worth approximately $55,000. Danske Bank A S acquired a new position in shares of StandardAero during the 3rd quarter worth approximately $82,000. Finally, Parallel Advisors LLC grew its position in shares of StandardAero by 210.3% in the fourth quarter. Parallel Advisors LLC now owns 3,050 shares of the company’s stock valued at $87,000 after purchasing an additional 2,067 shares in the last quarter.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Susquehanna cut their price target on StandardAero from $40.00 to $37.00 and set a “positive” rating for the company in a report on Monday, May 11th. Zacks Research cut StandardAero from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. Wall Street Zen downgraded StandardAero from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Jefferies Financial Group lowered StandardAero from a “buy” rating to a “hold” rating and reduced their price target for the stock from $34.00 to $30.00 in a report on Tuesday, June 2nd. Finally, UBS Group upped their price objective on shares of StandardAero from $35.00 to $36.00 and gave the company a “buy” rating in a report on Friday, August 7th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $34.77.

Insider Activity at StandardAero

In other news, CEO Russell Wayne Ford sold 40,000 shares of the stock in a transaction 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 in the company, valued at approximately $14,822,910.20. This represents a 7.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last quarter, insiders sold 191,423 shares of company stock valued at $5,847,760. Corporate insiders own 2.10% of the company’s stock.

StandardAero Stock Down 0.5%

SARO stock opened at $25.04 on Friday. StandardAero, Inc. has a one year low of $23.83 and a one year high of $34.48. The firm has a market cap of $8.29 billion, a PE ratio of 25.82 and a beta of 0.92. The firm’s 50 day moving average price is $28.01 and its 200-day moving average price is $27.51. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.59 and a current ratio of 2.13.

StandardAero (NYSE:SARO) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.08. The company had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.59 billion. StandardAero had a return on equity of 14.52% and a net margin of 5.12%.The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.20 earnings per share. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. On average, equities research analysts anticipate that StandardAero, Inc. will post 1.51 EPS 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.