Schwartz Investment Counsel Inc. lifted its holdings in shares of StandardAero, Inc. (NYSE:SARO – Free Report) by 26.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 494,505 shares of the company’s stock after purchasing an additional 104,115 shares during the quarter. Schwartz Investment Counsel Inc. owned about 0.15% of StandardAero worth $10,558,000 as of its most recent filing with the SEC.
Several other hedge funds have also made changes to their positions in SARO. Signaturefd LLC boosted its stake in shares of StandardAero by 37.4% in the third quarter. Signaturefd LLC now owns 2,302 shares of the company’s stock valued at $49,000 after purchasing an additional 627 shares during the period. Inspire Investing LLC increased its stake in StandardAero by 11.1% during the 3rd quarter. Inspire Investing LLC now owns 19,029 shares of the company’s stock worth $406,000 after buying an additional 1,899 shares during the period. Yousif Capital Management LLC increased its stake in StandardAero by 8.6% during the 3rd quarter. Yousif Capital Management LLC now owns 57,834 shares of the company’s stock worth $1,235,000 after buying an additional 4,559 shares during the period. Kirr Marbach & Co. LLC IN lifted its holdings in StandardAero by 0.6% during the 3rd quarter. Kirr Marbach & Co. LLC IN now owns 231,382 shares of the company’s stock worth $4,940,000 after buying an additional 1,329 shares in the last quarter. Finally, Counterpoint Mutual Funds LLC acquired a new stake in StandardAero during the 3rd quarter worth approximately $483,000.
Analysts Set New Price Targets
Several equities analysts have commented on the stock. Morgan Stanley set a $33.00 price target on shares of StandardAero in a research report on Monday, August 10th. Canadian Imperial Bank of Commerce cut their price objective on StandardAero from $38.00 to $35.00 and set an “outperformer” rating on the stock in a research report on Monday. Wall Street Zen upgraded StandardAero from a “hold” rating to a “buy” rating in a research note on Saturday. Weiss Ratings cut StandardAero from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, September 11th. Finally, Guggenheim assumed coverage on StandardAero in a report on Monday, September 14th. They issued a “neutral” rating for the company. Two investment 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. According to data from MarketBeat, StandardAero currently has a consensus rating of “Moderate Buy” and an average price target of $33.64.
Read Our Latest Analysis on SARO
StandardAero Stock Performance
SARO stock opened at $22.41 on Wednesday. The company’s 50 day moving average price is $22.80 and its 200 day moving average price is $26.82. StandardAero, Inc. has a fifty-two week low of $19.56 and a fifty-two week high of $34.48.
StandardAero (NYSE:SARO – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.08. The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same period last year, the business earned $0.20 EPS. The firm’s revenue was up 4.6% compared to the same quarter last year. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. Equities analysts anticipate that StandardAero, Inc. will post 1.50 earnings per share for the current fiscal year.
Insider Activity at StandardAero
In other news, CEO Russell Ford sold 20,413 shares of StandardAero stock in a transaction on Friday, August 7th. The shares were sold at an average price of $30.56, for a total transaction of $623,821.28. Following the completion of the sale, the chief executive officer directly owned 295,573 shares of the company’s stock, valued at approximately $9,032,710.88. The trade was a 6.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last quarter, insiders have sold 112,203 shares of company stock valued at $3,437,527. Corporate insiders own 2.10% of the company’s stock.
StandardAero Company Profile
StandardAero is an aerospace maintenance, repair and overhaul (MRO) company that provides services for commercial and business aviation, military and government operators, and helicopter customers. The company supports aircraft throughout their operating life, helping customers maintain, repair, upgrade and return aircraft and components to service.
Its services include engine maintenance, repair and overhaul; airframe maintenance; avionics and electrical work; component and accessory repair; engineering; and aircraft modifications.
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