Unisphere Establishment lifted its stake in StandardAero, Inc. (NYSE:SARO – Free Report) by 66.7% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 325,000 shares of the company’s stock after buying an additional 130,000 shares during the quarter. Unisphere Establishment’s holdings in StandardAero were worth $8,395,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also recently made changes to their positions in SARO. Vulcan Value Partners LLC bought a new position in shares of StandardAero in the fourth quarter worth approximately $13,618,000. Allspring Global Investments Holdings LLC increased its stake in shares of StandardAero by 16.4% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 10,557,823 shares of the company’s stock worth $312,934,000 after purchasing an additional 1,484,755 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in shares of StandardAero by 5.5% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 3,465,939 shares of the company’s stock valued at $99,403,000 after purchasing an additional 179,930 shares during the period. Trinity Street Asset Management LLP bought a new stake in shares of StandardAero during the 1st quarter valued at $25,692,000. Finally, M.D. Sass LLC lifted its stake in shares of StandardAero by 69.5% during the 4th quarter. M.D. Sass LLC now owns 1,991,537 shares of the company’s stock valued at $57,117,000 after buying an additional 816,573 shares in the last quarter.
Insider Transactions at StandardAero
In other StandardAero news, CEO Russell Wayne Ford sold 40,000 shares of the business’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $30.44, for a total value of $1,217,600.00. Following the sale, the chief executive officer owned 486,955 shares in the company, valued at $14,822,910.20. The trade was a 7.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 2.10% of the company’s stock.
StandardAero Trading Up 1.7%
StandardAero (NYSE:SARO – Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. StandardAero had a net margin of 4.71% and a return on equity of 12.36%. The firm had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same quarter in the prior year, the business earned $0.19 earnings per share. StandardAero’s revenue for the quarter was up 13.3% on a year-over-year basis. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. On average, equities analysts predict that StandardAero, Inc. will post 1.42 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several research analysts recently weighed in on SARO shares. Royal Bank Of Canada dropped their target price on shares of StandardAero from $37.00 to $34.00 and set an “outperform” rating for the company in a report on Friday, May 1st. Truist Financial raised StandardAero to a “strong-buy” rating in a report on Friday, May 1st. BTIG Research initiated coverage on StandardAero in a research report on Thursday, April 2nd. They issued a “buy” rating and a $35.00 price objective on the stock. Morgan Stanley set a $31.00 price objective on StandardAero in a research note on Wednesday, July 15th. Finally, Jefferies Financial Group lowered StandardAero from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $34.00 to $30.00 in a research note on Tuesday, June 2nd. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $34.00.
View Our Latest Report on SARO
StandardAero Company 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.
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