First Eagle Investment Management LLC Invests $674,000 in StandardAero, Inc. $SARO

First Eagle Investment Management LLC purchased a new position in StandardAero, Inc. (NYSE:SARO) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 23,500 shares of the company’s stock, valued at approximately $674,000.

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

StandardAero Trading Down 1.6%

Shares of NYSE:SARO opened at $26.31 on Friday. The business’s 50-day moving average is $26.41 and its 200 day moving average is $28.12. StandardAero, Inc. has a 1 year low of $23.83 and a 1 year high of $34.48. The firm has a market capitalization of $8.75 billion, a P/E ratio of 29.90 and a beta of 0.81. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.12 and a quick ratio of 1.57.

StandardAero (NYSE:SARO) last announced its earnings results on Thursday, May 7th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.03. StandardAero had a return on equity of 12.36% and a net margin of 4.71%.The company had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same period in the prior year, the company posted $0.19 EPS. The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. On average, research analysts predict that StandardAero, Inc. will post 1.42 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Lewis Prebble sold 1,141 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 $31,217.76. Following the completion of the sale, the insider owned 3,006 shares of the company’s stock, valued at $82,244.16. The trade was a 27.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through 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 StandardAero stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $27.36, for a total value of $30,287.52. Following the sale, the insider directly owned 2,991 shares of the company’s stock, valued at $81,833.76. This trade represents a 27.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 59,337 shares of company stock valued at $1,732,660. Insiders own 1.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on SARO. Truist Financial raised StandardAero to a “strong-buy” rating in a research report on Friday, May 1st. Zacks Research lowered StandardAero from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Morgan Stanley reduced their price target on StandardAero from $35.00 to $34.00 and set an “equal weight” rating for the company in a research report on Tuesday. Canadian Imperial Bank of Commerce reissued an “outperform” rating and issued a $39.00 price target on shares of StandardAero in a research report on Friday, May 8th. Finally, Wells Fargo & Company initiated coverage on StandardAero in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $32.00 price target for the company. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.64.

About StandardAero

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.