PDT Partners LLC Invests $598,000 in StandardAero, Inc. $SARO

PDT Partners LLC bought a new position in shares of StandardAero, Inc. (NYSE:SARO) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 20,000 shares of the company’s stock, valued at approximately $598,000.

Several other institutional investors also recently bought and sold shares of SARO. Carlyle Group Inc. purchased a new stake in StandardAero in the 2nd quarter worth approximately $2,529,998,000. BlackRock Inc. purchased a new position in shares of StandardAero during the 2nd quarter valued at approximately $646,128,000. Allspring Global Investments Holdings LLC increased its holdings in shares of StandardAero by 42.8% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 15,081,516 shares of the company’s stock valued at $395,890,000 after purchasing an additional 4,523,693 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of 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 valued at $401,525,000 after purchasing an additional 3,540,167 shares during the period. Finally, Janus Henderson Group PLC lifted its stake in shares of StandardAero by 7.3% in the 1st quarter. Janus Henderson Group PLC now owns 12,040,337 shares of the company’s stock valued at $311,002,000 after purchasing an additional 816,276 shares during the period.

StandardAero Stock Performance

NYSE:SARO opened at $25.04 on Friday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.59 and a current ratio of 2.13. The company has a fifty day moving average of $28.01 and a two-hundred day moving average of $27.51. The stock has a market capitalization of $8.29 billion, a PE ratio of 25.82 and a beta of 0.92. StandardAero, Inc. has a fifty-two week low of $23.83 and a fifty-two week high of $34.48.

StandardAero (NYSE:SARO) last announced its earnings results on Thursday, August 6th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.08. The business had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.59 billion. StandardAero had a net margin of 5.12% and a return on equity of 14.52%. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.20 earnings per share. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. As a group, research analysts forecast that StandardAero, Inc. will post 1.51 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently commented on SARO shares. Susquehanna dropped their price target on shares of StandardAero from $40.00 to $37.00 and set a “positive” rating on the stock in a research report on Monday, May 11th. UBS Group increased their target price on shares of StandardAero from $35.00 to $36.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Canadian Imperial Bank of Commerce restated an “outperform” rating and set a $39.00 target price on shares of StandardAero in a research report on Friday, May 8th. Jefferies Financial Group lowered StandardAero from a “buy” rating to a “hold” rating and cut their price target for the company from $34.00 to $30.00 in a research note on Tuesday, June 2nd. Finally, Wall Street Zen cut StandardAero from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, StandardAero has an average rating of “Moderate Buy” and an average price target of $34.77.

Insiders Place Their Bets

In related news, CEO Russell Wayne Ford sold 40,000 shares of StandardAero stock in a transaction dated 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 sale, the chief executive officer directly owned 486,955 shares in the company, valued at approximately $14,822,910.20. The trade was a 7.59% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Over the last 90 days, insiders have sold 191,423 shares of company stock valued at $5,847,760. Company insiders own 2.10% of the company’s stock.

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.