Burling Wealth Partners LLC Acquires Shares of 22,948 StandardAero, Inc. $SARO

Burling Wealth Partners LLC acquired a new stake in shares of StandardAero, Inc. (NYSE:SARO) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 22,948 shares of the company’s stock, valued at approximately $658,000.

A number of other institutional investors have also added to or reduced their stakes in SARO. Bessemer Group Inc. grew its holdings in shares of StandardAero by 447,114.3% in the fourth quarter. Bessemer Group Inc. now owns 3,103,667 shares of the company’s stock valued at $89,014,000 after purchasing an additional 3,102,973 shares in the last quarter. State Street Corp grew its holdings in shares of StandardAero by 90.7% in the second quarter. State Street Corp now owns 6,047,097 shares of the company’s stock valued at $191,391,000 after purchasing an additional 2,875,579 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of StandardAero by 8,451.2% in the third quarter. Victory Capital Management Inc. now owns 1,827,896 shares of the company’s stock valued at $49,883,000 after purchasing an additional 1,806,520 shares in the last quarter. Wellington Management Group LLP grew its holdings in shares of StandardAero by 18.2% in the third quarter. Wellington Management Group LLP now owns 10,345,564 shares of the company’s stock valued at $282,330,000 after purchasing an additional 1,593,347 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of StandardAero by 16.4% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 10,557,823 shares of the company’s stock valued at $312,934,000 after purchasing an additional 1,484,755 shares in the last quarter.

Insider Buying and Selling at StandardAero

In other news, insider Anthony Brancato sold 1,107 shares of StandardAero stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $27.36, for a total transaction of $30,287.52. Following the completion of the sale, the insider directly owned 2,991 shares in the company, valued at approximately $81,833.76. This trade represents a 27.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Lewis Prebble sold 1,141 shares of StandardAero stock in a transaction on 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 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 SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 59,337 shares of company stock valued at $1,732,660. 1.90% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on SARO. Royal Bank Of Canada cut their target price on shares of StandardAero from $37.00 to $34.00 and set an “outperform” rating for the company in a report on Friday, May 1st. Zacks Research lowered shares of StandardAero from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. Sanford C. Bernstein reissued an “outperform” rating and issued a $39.00 target price on shares of StandardAero in a report on Tuesday, February 24th. Canadian Imperial Bank of Commerce reissued an “outperform” rating and issued a $39.00 target price on shares of StandardAero in a report on Friday, May 8th. Finally, Wall Street Zen downgraded StandardAero from a “buy” rating to a “hold” rating in a research report on Sunday. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $34.64.

StandardAero Stock Up 5.0%

Shares of SARO opened at $26.42 on Thursday. The company has a market cap of $8.78 billion, a PE ratio of 30.02 and a beta of 0.81. The business has a fifty day moving average of $26.12 and a 200 day moving average of $28.03. StandardAero, Inc. has a 52-week low of $23.83 and a 52-week high of $34.48. 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 issued its quarterly earnings results 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 company had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.49 billion. StandardAero had a return on equity of 12.36% and a net margin of 4.71%.StandardAero’s revenue was up 13.3% on a year-over-year basis. 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. On average, sell-side analysts expect that StandardAero, Inc. will post 1.42 EPS for the current 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.