30,216 Shares in StandardAero, Inc. $SARO Purchased by CenterBook Partners LP

CenterBook Partners LP purchased a new position in shares of StandardAero, Inc. (NYSE:SARO) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 30,216 shares of the company’s stock, valued at approximately $867,000.

A number of other large investors also recently added to or reduced their stakes in SARO. Comerica Bank acquired a new position in StandardAero during the 1st quarter valued at about $26,000. State of Wyoming acquired a new stake in shares of StandardAero in the 3rd quarter valued at approximately $27,000. Aventura Private Wealth LLC bought a new stake in StandardAero during the 4th quarter worth approximately $45,000. Danske Bank A S bought a new stake in StandardAero during the 3rd quarter worth approximately $82,000. Finally, Parallel Advisors LLC increased its stake in StandardAero by 210.3% during the 4th quarter. Parallel Advisors LLC now owns 3,050 shares of the company’s stock worth $87,000 after purchasing an additional 2,067 shares in the last quarter.

Insider Activity at StandardAero

In related news, CEO Russell Wayne Ford sold 10,638 shares of the business’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $27.36, for a total value of $291,055.68. Following the completion of the transaction, the chief executive officer owned 14,342 shares of the company’s stock, valued at $392,397.12. The trade was a 42.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 dated Thursday, April 16th. The shares were 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 of the company’s stock, valued at approximately $81,833.76. This trade represents a 27.01% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 19,337 shares of company stock valued at $529,060. 1.90% of the stock is currently owned by insiders.

StandardAero Trading Down 2.8%

Shares of StandardAero stock opened at $24.86 on Thursday. The business has a fifty day simple moving average of $26.07 and a two-hundred day simple moving average of $28.02. StandardAero, Inc. has a 1 year low of $23.83 and a 1 year high of $34.48. The company has a market capitalization of $8.26 billion, a price-to-earnings ratio of 28.25 and a beta of 0.97. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.12 and a quick ratio of 1.59.

StandardAero (NYSE:SARO) last announced its quarterly 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 business had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.49 billion. During the same quarter last year, the firm posted $0.19 EPS. The company’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. Research analysts forecast that StandardAero, Inc. will post 1.42 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on SARO shares. BTIG Research started coverage on StandardAero in a research note on Thursday, April 2nd. They set a “buy” rating and a $35.00 target price for the company. Royal Bank Of Canada lowered their target price on StandardAero from $37.00 to $34.00 and set an “outperform” rating for the company in a research note on Friday, May 1st. UBS Group raised shares of StandardAero from a “neutral” rating to a “buy” rating and decreased their price target for the stock from $35.00 to $34.00 in a research note on Monday, May 11th. Weiss Ratings cut shares of StandardAero from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, May 29th. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating and issued a $39.00 price objective on shares of StandardAero in a report on Friday, May 8th. Two 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 company’s stock. According to MarketBeat, StandardAero currently has a consensus rating of “Moderate Buy” and an average price target of $34.25.

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.