Vanguard Group Inc. Buys 95,801 Shares of StandardAero, Inc. $SARO

Vanguard Group Inc. raised its position in shares of StandardAero, Inc. (NYSE:SAROFree Report) by 0.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,210,370 shares of the company’s stock after acquiring an additional 95,801 shares during the quarter. Vanguard Group Inc. owned approximately 3.35% of StandardAero worth $305,931,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in SARO. Comerica Bank purchased a new stake in StandardAero in the first quarter worth $26,000. State of Wyoming bought a new position in StandardAero in the 3rd quarter worth about $27,000. First Horizon Advisors Inc. grew its position in StandardAero by 100.4% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,016 shares of the company’s stock valued at $32,000 after purchasing an additional 509 shares during the last quarter. First Horizon Corp bought a new stake in StandardAero during the 3rd quarter valued at about $34,000. Finally, KBC Group NV increased its stake in StandardAero by 32.2% during the 2nd quarter. KBC Group NV now owns 2,605 shares of the company’s stock valued at $82,000 after purchasing an additional 635 shares in the last quarter.

Insider Transactions at StandardAero

In other news, CEO Russell Wayne Ford sold 40,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $30.12, for a total transaction of $1,204,800.00. Following the sale, the chief executive officer directly owned 726,955 shares of the company’s stock, valued at $21,895,884.60. This represents a 5.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last 90 days, insiders sold 160,000 shares of company stock valued at $4,840,400. Insiders own 1.90% of the company’s stock.

StandardAero Price Performance

NYSE SARO opened at $30.75 on Friday. The company’s 50 day moving average is $30.87 and its two-hundred day moving average is $28.34. StandardAero, Inc. has a 12 month low of $21.31 and a 12 month high of $34.48. The stock has a market cap of $10.28 billion, a price-to-earnings ratio of 37.04 and a beta of 1.04. The company has a current ratio of 2.18, a quick ratio of 1.48 and a debt-to-equity ratio of 0.89.

StandardAero (NYSE:SAROGet Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $0.24 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.24. The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.57 billion. StandardAero had a net margin of 4.58% and a return on equity of 11.04%. StandardAero’s revenue for the quarter was up 13.5% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.04) EPS. StandardAero has set its FY 2026 guidance at 1.350-1.450 EPS. As a group, research analysts anticipate that StandardAero, Inc. will post 0.29 earnings per share for the current year.

StandardAero announced that its board has initiated a share buyback plan on Wednesday, December 10th that allows the company to buyback $450.00 million in outstanding shares. This buyback authorization allows the company to reacquire up to 5% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

Analyst Ratings Changes

Several research analysts have recently issued reports on SARO shares. Royal Bank Of Canada reiterated an “outperform” rating and issued a $37.00 target price on shares of StandardAero in a research note on Thursday, January 29th. Susquehanna set a $38.00 target price on StandardAero in a research note on Thursday, January 15th. UBS Group lifted their target price on StandardAero from $34.00 to $35.00 and gave the stock a “neutral” rating in a report on Thursday. Wall Street Zen upgraded shares of StandardAero from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Sanford C. Bernstein reissued an “outperform” rating and issued a $39.00 target price on shares of StandardAero in a research report on Tuesday. Four analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, StandardAero currently has a consensus rating of “Hold” and a consensus price target of $34.67.

View Our Latest Report on StandardAero

StandardAero Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for StandardAero (NYSE:SARO)

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