Sei Investments Co. Acquires 512,992 Shares of StandardAero, Inc. $SARO

Sei Investments Co. lifted its holdings in shares of StandardAero, Inc. (NYSE:SAROFree Report) by 55.4% in the first quarter, Holdings Channel.com reports. The institutional investor owned 1,439,421 shares of the company’s stock after acquiring an additional 512,992 shares during the period. Sei Investments Co.’s holdings in StandardAero were worth $37,180,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Comerica Bank bought a new position in StandardAero in the first quarter valued at about $26,000. Danske Bank A S bought a new position in shares of StandardAero in the third quarter worth about $82,000. Parallel Advisors LLC lifted its holdings in shares of StandardAero by 210.3% in the fourth 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 last quarter. Aster Capital Management DIFC Ltd bought a new position in shares of StandardAero in the fourth quarter worth about $105,000. Finally, US Bancorp DE boosted its stake in shares of StandardAero by 46.4% in the 3rd quarter. US Bancorp DE now owns 4,506 shares of the company’s stock valued at $123,000 after purchasing an additional 1,428 shares in the last quarter.

Analyst Ratings Changes

A number of equities analysts recently issued reports on SARO shares. Morgan Stanley set a $31.00 price objective on shares of StandardAero in a research report on Wednesday, July 15th. BTIG Research initiated coverage on shares of StandardAero in a research report on Thursday, April 2nd. They issued a “buy” rating and a $35.00 target price on the stock. Wells Fargo & Company assumed coverage on shares of StandardAero in a research note on Wednesday, April 1st. They set an “overweight” rating and a $32.00 target price on the stock. Wall Street Zen downgraded shares of StandardAero from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Finally, Susquehanna dropped their price target on StandardAero from $40.00 to $37.00 and set a “positive” rating for the company in a research note on Monday, May 11th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $34.00.

Read Our Latest Research Report on SARO

Insider Transactions at StandardAero

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

StandardAero Stock Performance

NYSE:SARO opened at $28.73 on Monday. The stock’s 50-day moving average is $27.34 and its 200-day moving average is $28.13. StandardAero, Inc. has a 1-year low of $23.83 and a 1-year high of $34.48. The company has a current ratio of 2.12, a quick ratio of 1.59 and a debt-to-equity ratio of 0.81. The stock has a market cap of $9.55 billion, a P/E ratio of 32.65 and a beta of 0.91.

StandardAero (NYSE:SAROGet Free Report) last issued 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. StandardAero had a net margin of 4.71% and a return on equity of 12.36%. The business had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same quarter last year, the business earned $0.19 EPS. The firm’s quarterly revenue was up 13.3% on a year-over-year basis. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. Equities research analysts anticipate that StandardAero, Inc. will post 1.42 earnings per share for the current year.

StandardAero 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.

Further Reading

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Institutional Ownership by Quarter for StandardAero (NYSE:SARO)

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