StandardAero, Inc. $SARO Position Reduced by Brown Advisory Inc.

Brown Advisory Inc. decreased its position in shares of StandardAero, Inc. (NYSE:SARO) by 3.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 3,387,832 shares of the company’s stock after selling 136,096 shares during the quarter. Brown Advisory Inc.’s holdings in StandardAero were worth $97,163,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. ArrowMark Colorado Holdings LLC raised its holdings in StandardAero by 45.5% during the third quarter. ArrowMark Colorado Holdings LLC now owns 2,428,485 shares of the company’s stock worth $66,273,000 after purchasing an additional 759,694 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in StandardAero during the third quarter worth approximately $1,241,000. Allspring Global Investments Holdings LLC raised its holdings in StandardAero by 16.4% during 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. Fortress Investment Group LLC raised its holdings in StandardAero by 35.1% during the third quarter. Fortress Investment Group LLC now owns 945,400 shares of the company’s stock worth $25,800,000 after purchasing an additional 245,400 shares in the last quarter. Finally, Vulcan Value Partners LLC bought a new stake in StandardAero during the fourth quarter worth approximately $13,618,000.

Analyst Upgrades and Downgrades

SARO has been the topic of several research reports. Truist Financial raised StandardAero to a “strong-buy” rating in a report on Friday, May 1st. Canadian Imperial Bank of Commerce restated an “outperform” rating and issued a $39.00 price objective on shares of StandardAero in a report on Friday, May 8th. UBS Group upgraded shares of StandardAero from a “neutral” rating to a “buy” rating and decreased their price objective for the stock from $35.00 to $34.00 in a report on Monday, May 11th. Wall Street Zen cut shares of StandardAero from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Finally, Morgan Stanley decreased their price objective on shares of StandardAero from $35.00 to $34.00 and set an “equal weight” rating for the company in a report on Tuesday, May 12th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $34.25.

Insider Buying and Selling

In other news, insider Lewis Prebble sold 1,141 shares of the firm’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $27.36, for a total value of $31,217.76. Following the sale, the insider directly owned 3,006 shares of the company’s stock, valued at approximately $82,244.16. This trade represents a 27.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Kimberly Ernzen sold 2,516 shares of the firm’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $27.36, for a total value of $68,837.76. Following the completion of the sale, the chief operating officer directly owned 6,632 shares in the company, valued at approximately $181,451.52. This represents a 27.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 19,337 shares of company stock valued at $529,060 in the last quarter. Insiders own 2.10% of the company’s stock.

StandardAero Trading Down 0.0%

Shares of NYSE:SARO opened at $26.91 on Monday. The stock has a market capitalization of $8.95 billion, a PE ratio of 30.58 and a beta of 0.97. StandardAero, Inc. has a 1 year low of $23.83 and a 1 year high of $34.48. The firm has a fifty day moving average price of $26.09 and a 200 day moving average price of $28.04. The company has a current ratio of 2.12, a quick ratio of 1.59 and a debt-to-equity ratio of 0.81.

StandardAero (NYSE:SARO) last issued its quarterly earnings data 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 firm had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.49 billion. StandardAero had a net margin of 4.71% and a return on equity of 12.36%. StandardAero’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.19 earnings per share. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. Analysts expect that StandardAero, Inc. will post 1.42 EPS for the current fiscal year.

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.