Capricorn Fund Managers Ltd Invests $3.38 Million in StandardAero, Inc. $SARO

Capricorn Fund Managers Ltd purchased a new stake in StandardAero, Inc. (NYSE:SARO) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 130,705 shares of the company’s stock, valued at approximately $3,377,000.

Other hedge funds have also modified their holdings of the company. Comerica Bank bought a new position in StandardAero during the 1st quarter worth approximately $26,000. Aventura Private Wealth LLC bought a new stake in shares of StandardAero in the 4th quarter valued at $45,000. Danske Bank A S bought a new stake in shares of StandardAero in the 3rd quarter valued at $82,000. Parallel Advisors LLC increased its position in shares of StandardAero by 210.3% in the 4th quarter. Parallel Advisors LLC now owns 3,050 shares of the company’s stock valued at $87,000 after buying an additional 2,067 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new stake in StandardAero during the 4th quarter worth $105,000.

Insiders Place Their Bets

In other StandardAero news, insider Anthony Brancato sold 1,107 shares of StandardAero stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $27.36, for a total value of $30,287.52. Following the sale, the insider directly owned 2,991 shares in the company, valued at approximately $81,833.76. The trade was a 27.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Russell Wayne Ford sold 10,638 shares of the business’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $27.36, for a total transaction of $291,055.68. Following the sale, the chief executive officer directly owned 14,342 shares in the company, valued at $392,397.12. This trade represents a 42.59% 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 have sold 19,337 shares of company stock valued at $529,060 in the last quarter. Company insiders own 2.10% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on SARO shares. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and set a $39.00 target price on shares of StandardAero in a report on Friday, May 8th. BTIG Research initiated coverage on StandardAero in a research report on Thursday, April 2nd. They set a “buy” rating and a $35.00 price target on the stock. Wall Street Zen cut StandardAero from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Royal Bank Of Canada decreased their price objective on StandardAero from $37.00 to $34.00 and set an “outperform” rating for the company in a research report on Friday, May 1st. Finally, Zacks Research cut StandardAero from a “strong-buy” rating to a “hold” rating in a research note 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 given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.25.

StandardAero Trading Up 4.3%

NYSE:SARO opened at $29.88 on Wednesday. The company has a market cap of $9.94 billion, a P/E ratio of 33.96 and a beta of 0.97. StandardAero, Inc. has a twelve month low of $23.83 and a twelve month high of $34.48. The business has a 50 day moving average price of $26.32 and a two-hundred day moving average price of $28.18. The company has a quick ratio of 1.59, a current ratio of 2.12 and a debt-to-equity ratio of 0.81.

StandardAero (NYSE:SARO) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.03. The company had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.49 billion. StandardAero had a net margin of 4.71% and a return on equity of 12.36%. The firm’s revenue was up 13.3% compared to the same quarter last year. During the same period last year, the company earned $0.19 earnings per share. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. As a group, analysts expect that StandardAero, Inc. will post 1.42 EPS for the current fiscal year.

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.