Burling Wealth Partners LLC Purchases 124,884 Shares of StandardAero, Inc. $SARO

Burling Wealth Partners LLC raised its position in shares of StandardAero, Inc. (NYSE:SAROFree Report) by 544.2% in the 1st quarter, Holdings Channel reports. The firm owned 147,832 shares of the company’s stock after acquiring an additional 124,884 shares during the period. Burling Wealth Partners LLC’s holdings in StandardAero were worth $3,819,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP boosted its holdings in shares of StandardAero by 2,121.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,336,831 shares of the company’s stock valued at $34,513,000 after purchasing an additional 1,276,647 shares in the last quarter. KBC Group NV increased its stake in shares of StandardAero by 40.2% in the 1st quarter. KBC Group NV now owns 7,416 shares of the company’s stock valued at $192,000 after purchasing an additional 2,128 shares during the last quarter. Swiss National Bank raised its holdings in shares of StandardAero by 33.9% during the 1st quarter. Swiss National Bank now owns 390,100 shares of the company’s stock worth $10,076,000 after buying an additional 98,700 shares in the last quarter. Roubaix Capital LLC raised its holdings in shares of StandardAero by 0.7% during the 1st quarter. Roubaix Capital LLC now owns 294,397 shares of the company’s stock worth $7,604,000 after buying an additional 2,043 shares in the last quarter. Finally, Bessemer Group Inc. lifted its position in shares of StandardAero by 54.6% during the 1st quarter. Bessemer Group Inc. now owns 4,798,854 shares of the company’s stock worth $123,953,000 after buying an additional 1,695,187 shares during the last quarter.

Insider Buying and Selling at StandardAero

In other news, CEO Russell Wayne Ford sold 40,000 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer directly owned 486,955 shares in the company, valued at approximately $14,822,910.20. The trade was a 7.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 2.10% of the company’s stock.

StandardAero Trading Down 0.5%

Shares of SARO stock opened at $26.60 on Tuesday. The firm has a market capitalization of $8.84 billion, a P/E ratio of 30.23 and a beta of 0.91. StandardAero, Inc. has a twelve month low of $23.83 and a twelve month high of $34.48. The company has a quick ratio of 1.59, a current ratio of 2.12 and a debt-to-equity ratio of 0.81. The stock’s fifty day simple moving average is $27.21 and its 200 day simple moving average is $28.17.

StandardAero (NYSE:SAROGet Free Report) last issued its earnings results on Thursday, May 7th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. The business had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.49 billion. StandardAero had a return on equity of 12.36% and a net margin of 4.71%.The business’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.19 EPS. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. As a group, sell-side analysts predict that StandardAero, Inc. will post 1.42 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on SARO. Truist Financial raised StandardAero to a “strong-buy” rating in a research note on Friday, May 1st. Wells Fargo & Company initiated coverage on shares of StandardAero in a report on Wednesday, April 1st. They issued an “overweight” rating and a $32.00 target price for the company. Morgan Stanley set a $31.00 price target on shares of StandardAero in a research note on Wednesday, July 15th. Wall Street Zen lowered shares of StandardAero from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Finally, Weiss Ratings raised shares of StandardAero from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, June 29th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $34.00.

View Our Latest Research 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

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Institutional Ownership by Quarter for StandardAero (NYSE:SARO)

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