DLD Asset Management LP Purchases New Holdings in StandardAero, Inc. $SARO

DLD Asset Management LP purchased a new stake in StandardAero, Inc. (NYSE:SARO) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 300,000 shares of the company’s stock, valued at approximately $7,749,000. StandardAero makes up approximately 0.7% of DLD Asset Management LP’s investment portfolio, making the stock its 16th biggest holding.

Several other institutional investors have also recently made changes to their positions in SARO. Comerica Bank acquired a new stake in shares of StandardAero in the 1st quarter valued at approximately $26,000. Royal Bank of Canada grew its stake in shares of StandardAero by 418.8% in the first quarter. Royal Bank of Canada now owns 138,268 shares of the company’s stock valued at $3,682,000 after buying an additional 111,617 shares in the last quarter. AQR Capital Management LLC acquired a new position in StandardAero during the first quarter worth $521,000. Goldman Sachs Group Inc. acquired a new position in StandardAero during the first quarter worth $6,821,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in StandardAero during the first quarter worth $12,343,000.

StandardAero Trading Up 1.8%

Shares of SARO stock opened at $27.60 on Thursday. StandardAero, Inc. has a 12-month low of $23.83 and a 12-month high of $34.48. The company has a market capitalization of $9.18 billion, a PE ratio of 31.37 and a beta of 0.91. The firm has a 50 day moving average price of $27.23 and a two-hundred day moving average price of $28.15. 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 earnings results on Thursday, May 7th. The company reported $0.33 EPS for the quarter, beating the consensus estimate 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 return on equity of 12.36% and a net margin of 4.71%.The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.19 earnings per share. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. As a group, analysts predict that StandardAero, Inc. will post 1.42 earnings per share for the current year.

Insider Transactions at StandardAero

In other StandardAero news, CEO Russell Wayne Ford sold 40,000 shares of the company’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $30.44, for a total value of $1,217,600.00. Following the transaction, the chief executive officer directly owned 486,955 shares of the company’s stock, valued at $14,822,910.20. This represents a 7.59% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 2.10% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

SARO has been the subject of a number of recent analyst reports. Weiss Ratings upgraded shares of StandardAero from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, June 29th. Royal Bank Of Canada lowered their price objective on shares of StandardAero from $37.00 to $34.00 and set an “outperform” rating on the stock in a research note on Friday, May 1st. Wall Street Zen cut shares of StandardAero from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Susquehanna cut their target price 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. Finally, Jefferies Financial Group cut StandardAero from a “buy” rating to a “hold” rating and reduced their price target for the stock from $34.00 to $30.00 in a report on Tuesday, June 2nd. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $34.00.

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.