Scholtz & Company LLC acquired a new position in StandardAero, Inc. (NYSE:SARO – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 132,404 shares of the company’s stock, valued at approximately $3,960,000. StandardAero accounts for 2.0% of Scholtz & Company LLC’s holdings, making the stock its 19th biggest position.
A number of other large investors have also recently made changes to their positions in the business. Carlyle Group Inc. bought a new position in StandardAero in the 2nd quarter worth $2,529,998,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of StandardAero by 19.7% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 437,138 shares of the company’s stock valued at $13,075,000 after buying an additional 72,089 shares during the period. Vulcan Value Partners LLC bought a new position in StandardAero in the fourth quarter worth about $13,618,000. BlackRock Inc. bought a new position in StandardAero in the second quarter worth about $646,128,000. Finally, Trinity Street Asset Management LLP purchased a new stake in StandardAero in the first quarter worth about $25,692,000.
Analysts Set New Price Targets
A number of research analysts have weighed in on the company. JPMorgan Chase & Co. upped their target price on StandardAero from $38.00 to $40.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. Sanford C. Bernstein restated an “outperform” rating on shares of StandardAero in a research report on Monday, August 24th. Weiss Ratings raised StandardAero from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, June 29th. UBS Group increased their price objective on StandardAero from $35.00 to $36.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Finally, Jefferies Financial Group lowered StandardAero from a “buy” rating to a “hold” rating and lowered their price objective for the company from $34.00 to $30.00 in a research report on Tuesday, June 2nd. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $34.77.
StandardAero Price Performance
SARO stock opened at $24.22 on Thursday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.59 and a current ratio of 2.13. The firm has a 50 day moving average price of $27.36 and a 200-day moving average price of $27.12. StandardAero, Inc. has a 52-week low of $23.83 and a 52-week high of $34.48. The firm has a market capitalization of $8.01 billion, a price-to-earnings ratio of 24.97 and a beta of 0.85.
StandardAero (NYSE:SARO – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.08. The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.59 billion. StandardAero had a return on equity of 14.52% and a net margin of 5.12%.The firm’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.20 EPS. 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.
Insider Activity
In other news, CEO Russell Ford sold 40,000 shares of StandardAero stock in a transaction dated 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 of the company’s stock, valued at $14,822,910.20. The trade was a 7.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Over the last ninety days, insiders sold 191,423 shares of company stock valued at $5,847,760. 2.10% of the stock is owned by insiders.
About StandardAero
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
- Five stocks we like better than StandardAero
- Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
- GE Aerospace’s $11.75B Deal Puts Howmet Aerospace in Focus
- Casey’s Post-Earnings Drop May Give Investors a Better Entry Into a Quality Retailer
- Sovereign AI: Palantir and Nebius Cut the Cloud Cord
Want to see what other hedge funds are holding SARO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for StandardAero, Inc. (NYSE:SARO – Free Report).
Receive News & Ratings for StandardAero Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for StandardAero and related companies with MarketBeat.com's FREE daily email newsletter.
