GM Advisory Group LLC Decreases Stock Holdings in StandardAero, Inc. $SARO

GM Advisory Group LLC reduced its stake in shares of StandardAero, Inc. (NYSE:SARO) by 42.9% during the 1st quarter, HoldingsChannel reports. The firm owned 40,000 shares of the company’s stock after selling 30,000 shares during the quarter. GM Advisory Group LLC’s holdings in StandardAero were worth $1,033,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Comerica Bank purchased a new position in StandardAero during the first quarter worth approximately $26,000. Aventura Private Wealth LLC acquired a new stake in shares of StandardAero in the 4th quarter worth $45,000. Danske Bank A S purchased a new position in shares of StandardAero during the 3rd quarter worth $82,000. Parallel Advisors LLC raised its holdings in shares of StandardAero by 210.3% during the 4th quarter. Parallel Advisors LLC now owns 3,050 shares of the company’s stock worth $87,000 after acquiring an additional 2,067 shares during the period. Finally, Aster Capital Management DIFC Ltd acquired a new position in shares of StandardAero during the 4th quarter valued at about $105,000.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on SARO shares. UBS Group raised shares of StandardAero from a “neutral” rating to a “buy” rating and dropped their price objective for the company from $35.00 to $34.00 in a report on Monday, May 11th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and issued a $39.00 target price on shares of StandardAero in a report on Friday, May 8th. Susquehanna dropped their price target on shares of StandardAero from $40.00 to $37.00 and set a “positive” rating for the company in a research note on Monday, May 11th. Wells Fargo & Company began coverage on shares of StandardAero in a report on Wednesday, April 1st. They set an “overweight” rating and a $32.00 price target for the company. Finally, Zacks Research lowered shares of StandardAero from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 12th. Two investment 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, the company currently has a consensus rating of “Moderate Buy” and an average price target of $34.25.

StandardAero Stock Performance

NYSE SARO opened at $30.10 on Monday. The stock has a market cap of $10.01 billion, a PE ratio of 34.20 and a beta of 0.91. 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, Inc. has a twelve month low of $23.83 and a twelve month high of $34.48. The stock has a fifty day simple moving average of $26.59 and a 200-day simple moving average of $28.23.

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 the consensus estimate of $1.49 billion. StandardAero had a return on equity of 12.36% and a net margin of 4.71%.The company’s quarterly revenue was up 13.3% on a year-over-year basis. During the same period last year, the company earned $0.19 EPS. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. Equities analysts anticipate that StandardAero, Inc. will post 1.42 earnings per share for the current year.

Insider Activity at StandardAero

In other StandardAero news, COO Kimberly Ernzen sold 2,516 shares of StandardAero stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $27.36, for a total transaction of $68,837.76. Following the completion of the sale, the chief operating officer directly owned 6,632 shares in the company, valued at $181,451.52. This trade represents a 27.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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 the business’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $27.36, for a total transaction of $31,217.76. Following the completion of the sale, the insider directly owned 3,006 shares in the company, valued at $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. Insiders have sold a total of 19,337 shares of company stock valued at $529,060 over the last quarter. 2.10% of the stock is owned by insiders.

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.