24,822 Shares in StandardAero, Inc. $SARO Acquired by ABN Amro Investment Solutions

ABN Amro Investment Solutions acquired a new position in shares of StandardAero, Inc. (NYSE:SAROFree Report) in the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 24,822 shares of the company’s stock, valued at approximately $641,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Comerica Bank purchased a new position in shares of StandardAero in the 1st quarter valued at about $26,000. Danske Bank A S acquired a new stake in StandardAero during the third quarter worth approximately $82,000. Parallel Advisors LLC raised its holdings in StandardAero by 210.3% during the fourth quarter. Parallel Advisors LLC now owns 3,050 shares of the company’s stock worth $87,000 after purchasing an additional 2,067 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new stake in shares of StandardAero during the 4th quarter worth approximately $105,000. Finally, US Bancorp DE lifted its position in StandardAero by 46.4% in the third quarter. US Bancorp DE now owns 4,506 shares of the company’s stock valued at $123,000 after acquiring an additional 1,428 shares during the last quarter.

Analysts Set New Price Targets

Several analysts have recently weighed in on SARO shares. BTIG Research initiated coverage on StandardAero in a report on Thursday, April 2nd. They issued a “buy” rating and a $35.00 target price for the company. Wells Fargo & Company started coverage on StandardAero in a research note on Wednesday, April 1st. They set an “overweight” rating and a $32.00 price target on the stock. UBS Group raised StandardAero from a “neutral” rating to a “buy” rating and cut their price target for the stock from $35.00 to $34.00 in a research report on Monday, May 11th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and issued a $39.00 price target on shares of StandardAero in a research report on Friday, May 8th. Finally, Weiss Ratings raised shares of StandardAero from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 29th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $34.00.

Get Our Latest Analysis on StandardAero

Insider Transactions at StandardAero

In other news, CEO Russell Wayne Ford sold 40,000 shares of StandardAero stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $30.44, for a total transaction of $1,217,600.00. Following the completion of the sale, the chief executive officer directly owned 486,955 shares in the company, valued at approximately $14,822,910.20. This trade represents a 7.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.10% of the company’s stock.

StandardAero Trading Up 1.7%

NYSE:SARO opened at $28.73 on Friday. StandardAero, Inc. has a 1 year low of $23.83 and a 1 year high of $34.48. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.59 and a current ratio of 2.12. The stock has a fifty day moving average price of $27.34 and a two-hundred day moving average price of $28.15. The stock has a market capitalization of $9.55 billion, a price-to-earnings ratio of 32.65 and a beta of 0.91.

StandardAero (NYSE:SAROGet Free Report) last issued its earnings results on Thursday, May 7th. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.30 by $0.03. StandardAero had a net margin of 4.71% and a return on equity of 12.36%. The company had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same period in the previous year, the firm earned $0.19 EPS. The business’s revenue was up 13.3% on a year-over-year basis. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. As a group, sell-side analysts anticipate that StandardAero, Inc. will post 1.42 earnings per share for the current fiscal year.

StandardAero Company Profile

(Free Report)

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.

See Also

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:SAROFree Report).

Institutional Ownership by Quarter for StandardAero (NYSE:SARO)

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.