Dynamic Technology Lab Private Ltd Purchases Shares of 45,468 StandardAero, Inc. $SARO

Dynamic Technology Lab Private Ltd acquired a new stake in shares of StandardAero, Inc. (NYSE:SARO) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 45,468 shares of the company’s stock, valued at approximately $1,241,000.

Several other large investors have also modified their holdings of SARO. Vanguard Group Inc. boosted its position in shares of StandardAero by 0.9% in the third quarter. Vanguard Group Inc. now owns 11,210,370 shares of the company’s stock worth $305,931,000 after acquiring an additional 95,801 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in StandardAero by 6.1% during the third quarter. Allspring Global Investments Holdings LLC now owns 9,073,068 shares of the company’s stock worth $249,056,000 after purchasing an additional 524,455 shares during the last quarter. Norges Bank purchased a new position in StandardAero during the second quarter worth approximately $203,038,000. State Street Corp raised its stake in StandardAero by 90.7% during the second quarter. State Street Corp now owns 6,047,097 shares of the company’s stock worth $191,391,000 after purchasing an additional 2,875,579 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its holdings in shares of StandardAero by 1.4% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 3,804,038 shares of the company’s stock valued at $120,398,000 after purchasing an additional 52,146 shares during the last quarter.

StandardAero Stock Performance

NYSE:SARO opened at $28.89 on Monday. The firm’s fifty day simple moving average is $30.91 and its 200 day simple moving average is $28.45. The company has a current ratio of 2.20, a quick ratio of 1.57 and a debt-to-equity ratio of 0.82. StandardAero, Inc. has a twelve month low of $21.31 and a twelve month high of $34.48. The firm has a market capitalization of $9.61 billion, a price-to-earnings ratio of 34.81 and a beta of 1.02.

StandardAero (NYSE:SARO) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $0.24 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.24. StandardAero had a return on equity of 10.88% and a net margin of 4.58%.The firm had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.57 billion. During the same period in the prior year, the firm earned ($0.04) EPS. The firm’s quarterly revenue was up 13.5% compared to the same quarter last year. StandardAero has set its FY 2026 guidance at 1.350-1.450 EPS. As a group, equities research analysts expect that StandardAero, Inc. will post 0.29 earnings per share for the current fiscal year.

StandardAero declared that its board has authorized a share buyback program on Wednesday, December 10th that authorizes the company to repurchase $450.00 million in shares. This repurchase authorization authorizes the company to reacquire up to 5% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

Insider Activity

In other news, CEO Russell Wayne Ford sold 40,000 shares of the stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $30.09, for a total value of $1,203,600.00. Following the completion of the sale, the chief executive officer owned 606,955 shares in the company, valued at approximately $18,263,275.95. This trade represents a 6.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 200,000 shares of company stock valued at $6,044,000 in the last ninety days. 1.90% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Susquehanna set a $38.00 price objective on shares of StandardAero in a research note on Thursday, January 15th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $39.00 target price on shares of StandardAero in a research report on Tuesday, February 24th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $37.00 target price on shares of StandardAero in a report on Thursday, January 29th. Bank of America lowered their price target on StandardAero from $33.00 to $30.00 and set a “neutral” rating for the company in a research report on Friday, November 14th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of StandardAero in a research note on Monday, December 22nd. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $34.67.

StandardAero 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.