OneDigital Investment Advisors LLC Invests $999,000 in StandardAero, Inc. $SARO

OneDigital Investment Advisors LLC purchased a new stake in StandardAero, Inc. (NYSE:SARO – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 33,412 shares of the company’s stock, valued at approximately $999,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Comerica Bank purchased a new position in StandardAero during the 1st quarter worth $26,000. Optiver Holding B.V. bought a new stake in StandardAero during the 1st quarter valued at $51,000. Danske Bank A S purchased a new stake in shares of StandardAero in the 3rd quarter worth $82,000. Parallel Advisors LLC lifted its holdings in shares of StandardAero by 210.3% in the 4th quarter. Parallel Advisors LLC now owns 3,050 shares of the company’s stock worth $87,000 after buying an additional 2,067 shares during the period. Finally, GAMMA Investing LLC grew its position in shares of StandardAero by 54.6% during the 2nd quarter. GAMMA Investing LLC now owns 3,002 shares of the company’s stock worth $90,000 after buying an additional 1,060 shares in the last quarter.

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StandardAero Stock Down 1.9%

StandardAero stock opened at $27.38 on Tuesday. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.13 and a quick ratio of 1.59. The stock has a market capitalization of $9.06 billion, a price-to-earnings ratio of 28.23 and a beta of 0.92. StandardAero, Inc. has a 1-year low of $23.83 and a 1-year high of $34.48. The business has a fifty day moving average price of $28.19 and a 200-day moving average price of $27.80.

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

Analysts Set New Price Targets

Several equities analysts have recently commented on SARO shares. UBS Group raised their price target on StandardAero from $35.00 to $36.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Wall Street Zen cut shares of StandardAero from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. JPMorgan Chase & Co. raised their target price on shares of StandardAero from $38.00 to $40.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. Morgan Stanley set a $33.00 price target on shares of StandardAero in a report on Monday, August 10th. Finally, Susquehanna lowered their price target on shares of StandardAero from $40.00 to $37.00 and set a “positive” rating for the company in a research report on Monday, May 11th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, StandardAero has an average rating of “Moderate Buy” and a consensus target price of $34.77.

Read Our Latest Stock Report on SARO

Insider Transactions at StandardAero

In related news, CEO Russell Wayne Ford sold 40,000 shares of the firm’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $30.44, for a total value of $1,217,600.00. Following the completion of the transaction, the chief executive officer owned 486,955 shares in the company, valued at $14,822,910.20. This trade represents a 7.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. In the last ninety days, insiders sold 191,423 shares of company stock valued at $5,847,760. Company insiders own 2.10% of the company’s stock.

StandardAero Company 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.

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