Massachusetts Financial Services Co. MA Has $99.40 Million Holdings in StandardAero, Inc. $SARO

Massachusetts Financial Services Co. MA raised its holdings in shares of StandardAero, Inc. (NYSE:SARO) by 5.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,465,939 shares of the company’s stock after buying an additional 179,930 shares during the quarter. Massachusetts Financial Services Co. MA owned about 1.04% of StandardAero worth $99,403,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of SARO. State Street Corp lifted its holdings in shares of StandardAero by 90.7% during the second quarter. State Street Corp now owns 6,047,097 shares of the company’s stock worth $191,391,000 after buying an additional 2,875,579 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in shares of StandardAero by 8,451.2% during the third quarter. Victory Capital Management Inc. now owns 1,827,896 shares of the company’s stock worth $49,883,000 after buying an additional 1,806,520 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of StandardAero by 18.2% during the third quarter. Wellington Management Group LLP now owns 10,345,564 shares of the company’s stock worth $282,330,000 after buying an additional 1,593,347 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of StandardAero by 16.4% during the fourth 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 last quarter. Finally, M.D. Sass LLC acquired a new position in shares of StandardAero during the third quarter worth approximately $32,065,000.

StandardAero Stock Performance

SARO opened at $27.87 on Tuesday. The stock has a market cap of $9.27 billion, a PE ratio of 33.58 and a beta of 1.35. The company has a current ratio of 2.20, a quick ratio of 1.57 and a debt-to-equity ratio of 0.82. StandardAero, Inc. has a 1 year low of $23.97 and a 1 year high of $34.48. The stock’s 50 day simple moving average is $28.52 and its 200-day simple moving average is $28.37.

StandardAero (NYSE:SARO) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.24 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.24. The business had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.57 billion. StandardAero had a return on equity of 10.88% and a net margin of 4.58%.StandardAero’s quarterly revenue was up 13.5% on a year-over-year basis. During the same period in the previous year, the business posted ($0.04) earnings per share. StandardAero has set its FY 2026 guidance at 1.350-1.450 EPS. Sell-side analysts forecast that StandardAero, Inc. will post 0.29 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Royal Bank Of Canada reiterated an “outperform” rating and set a $37.00 price target on shares of StandardAero in a report on Thursday, January 29th. Susquehanna set a $38.00 price target on StandardAero in a report on Thursday, January 15th. Wall Street Zen upgraded StandardAero from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Weiss Ratings restated a “hold (c)” rating on shares of StandardAero in a research report on Monday, December 22nd. Finally, Zacks Research upgraded StandardAero from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, February 27th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $34.70.

Insider Buying and Selling

In related news, CEO Russell Wayne Ford sold 40,000 shares of the business’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $30.09, for a total value of $1,203,600.00. Following the sale, the chief executive officer owned 606,955 shares of the company’s stock, valued at $18,263,275.95. The trade was a 6.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last quarter, insiders sold 120,000 shares of company stock valued at $3,627,200.

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.