Los Angeles Capital Management LLC Reduces Stock Position in StandardAero, Inc. $SARO

Los Angeles Capital Management LLC lowered its stake in shares of StandardAero, Inc. (NYSE:SARO) by 23.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 100,218 shares of the company’s stock after selling 31,218 shares during the period. Los Angeles Capital Management LLC’s holdings in StandardAero were worth $2,861,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SARO. Norges Bank purchased a new stake in shares of StandardAero during the fourth quarter worth $217,655,000. Bessemer Group Inc. lifted its position in shares of StandardAero by 447,114.3% during the fourth quarter. Bessemer Group Inc. now owns 3,103,667 shares of the company’s stock worth $89,014,000 after acquiring an additional 3,102,973 shares in the last quarter. State Street Corp lifted its position in shares of StandardAero by 90.7% during the second quarter. State Street Corp now owns 6,047,097 shares of the company’s stock worth $191,391,000 after acquiring an additional 2,875,579 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of StandardAero by 8,451.2% during the third quarter. Victory Capital Management Inc. now owns 1,827,896 shares of the company’s stock worth $49,883,000 after acquiring an additional 1,806,520 shares in the last quarter. Finally, Wellington Management Group LLP raised its position in shares of StandardAero by 18.2% in the third quarter. Wellington Management Group LLP now owns 10,345,564 shares of the company’s stock worth $282,330,000 after buying an additional 1,593,347 shares in the last quarter.

Analysts Set New Price Targets

SARO has been the topic of a number of recent analyst reports. Royal Bank Of Canada lowered their price objective on StandardAero from $37.00 to $34.00 and set an “outperform” rating on the stock in a research report on Friday, May 1st. Zacks Research downgraded StandardAero from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 12th. Morgan Stanley lowered their price objective on StandardAero from $35.00 to $34.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 12th. BTIG Research initiated coverage on StandardAero in a research report on Thursday, April 2nd. They issued a “buy” rating and a $35.00 price objective on the stock. Finally, Jefferies Financial Group downgraded StandardAero from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $34.00 to $30.00 in a research report on Tuesday, June 2nd. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, StandardAero currently has a consensus rating of “Moderate Buy” and an average target price of $34.25.

StandardAero Trading Up 3.2%

Shares of SARO stock opened at $25.60 on Wednesday. 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, Inc. has a 52-week low of $23.83 and a 52-week high of $34.48. The company has a market capitalization of $8.51 billion, a PE ratio of 29.09 and a beta of 0.97. The business’s fifty day moving average is $26.08 and its 200 day moving average is $28.01.

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

Insiders Place Their Bets

In related news, COO Kimberly Ernzen sold 2,516 shares of the stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $27.36, for a total value of $68,837.76. Following the transaction, the chief operating officer owned 6,632 shares of the company’s stock, valued at $181,451.52. This represents a 27.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Russell Wayne Ford sold 10,638 shares of the stock in a transaction on Thursday, April 16th. The shares were 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 directly owned 14,342 shares in the company, valued at approximately $392,397.12. This represents a 42.59% 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. Insiders have sold 19,337 shares of company stock valued at $529,060 over the last quarter.

StandardAero Company 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.