Expect Equity LLC Buys 66,291 Shares of StandardAero, Inc. $SARO

Expect Equity LLC grew its stake in shares of StandardAero, Inc. (NYSE:SARO) by 436.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 81,491 shares of the company’s stock after acquiring an additional 66,291 shares during the quarter. StandardAero comprises approximately 2.3% of Expect Equity LLC’s portfolio, making the stock its 21st biggest position. Expect Equity LLC’s holdings in StandardAero were worth $2,337,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. J. Goldman & Co LP bought a new position in shares of StandardAero during the fourth quarter valued at $12,571,000. AQR Capital Management LLC increased its holdings in StandardAero by 86.3% in the 4th quarter. AQR Capital Management LLC now owns 70,167 shares of the company’s stock worth $2,012,000 after buying an additional 32,506 shares in the last quarter. PenderFund Capital Management Ltd. bought a new stake in StandardAero in the 4th quarter worth about $2,314,000. Price T Rowe Associates Inc. MD increased its holdings in StandardAero by 33.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,000,143 shares of the company’s stock worth $401,525,000 after buying an additional 3,540,167 shares in the last quarter. Finally, Captrust Financial Advisors bought a new stake in StandardAero in the 4th quarter worth about $408,000.

StandardAero Price Performance

NYSE SARO opened at $27.19 on Thursday. The stock has a 50-day moving average of $26.13 and a 200 day moving average of $28.07. The company has a market capitalization of $9.04 billion, a price-to-earnings ratio of 30.90 and a beta of 0.97. StandardAero, Inc. has a one year low of $23.83 and a one 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.

StandardAero (NYSE:SARO) last released its quarterly earnings results 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. The business 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 business’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.19 EPS. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. On average, sell-side analysts forecast that StandardAero, Inc. will post 1.42 EPS for the current year.

Insider Activity

In other news, CEO Russell Wayne Ford sold 10,638 shares of StandardAero stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $27.36, for a total transaction of $291,055.68. Following the transaction, the chief executive officer directly owned 14,342 shares of the company’s stock, valued at $392,397.12. The trade was a 42.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Anthony Brancato sold 1,107 shares of the business’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $27.36, for a total value of $30,287.52. Following the completion of the transaction, the insider directly owned 2,991 shares in the company, valued at approximately $81,833.76. This represents a 27.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 19,337 shares of company stock worth $529,060. 2.10% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Jefferies Financial Group downgraded StandardAero from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $34.00 to $30.00 in a report on Tuesday, June 2nd. UBS Group upgraded StandardAero from a “neutral” rating to a “buy” rating and reduced their price objective for the stock from $35.00 to $34.00 in a report on Monday, May 11th. Zacks Research downgraded StandardAero from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. BTIG Research assumed coverage on StandardAero in a report on Thursday, April 2nd. They issued a “buy” rating and a $35.00 price objective for the company. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating and issued a $39.00 price objective on shares of StandardAero in a report on Friday, May 8th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $34.25.

StandardAero 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.