55,000 Shares in StandardAero, Inc. $SARO Acquired by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System acquired a new position in shares of StandardAero, Inc. (NYSE:SARO) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 55,000 shares of the company’s stock, valued at approximately $1,421,000.

Several other hedge funds have also made changes to their positions in SARO. Cerity Partners LLC grew its position in shares of StandardAero by 0.6% during the 2nd quarter. Cerity Partners LLC now owns 69,758 shares of the company’s stock worth $2,208,000 after buying an additional 416 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of StandardAero by 20.5% in the third quarter. PNC Financial Services Group Inc. now owns 4,411 shares of the company’s stock valued at $120,000 after acquiring an additional 751 shares in the last quarter. Comerica Bank purchased a new stake in StandardAero in the first quarter worth about $26,000. US Bancorp DE lifted its stake in StandardAero by 46.4% in the third quarter. US Bancorp DE now owns 4,506 shares of the company’s stock worth $123,000 after acquiring an additional 1,428 shares during the period. Finally, The Manufacturers Life Insurance Company grew its holdings in StandardAero by 3.6% during the 4th quarter. The Manufacturers Life Insurance Company now owns 43,562 shares of the company’s stock worth $1,249,000 after acquiring an additional 1,494 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Canadian Imperial Bank of Commerce reissued an “outperform” rating and set a $39.00 target price on shares of StandardAero in a research report on Friday, May 8th. Susquehanna lowered their price target on shares of StandardAero from $40.00 to $37.00 and set a “positive” rating for the company in a research report on Monday, May 11th. Jefferies Financial Group downgraded shares of StandardAero from a “buy” rating to a “hold” rating and dropped their price objective for the company from $34.00 to $30.00 in a research note on Tuesday, June 2nd. Zacks Research lowered shares of StandardAero from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. Finally, Wells Fargo & Company began coverage on shares of StandardAero in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $32.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $34.25.

StandardAero Price Performance

Shares of SARO stock opened at $30.10 on Friday. The stock’s 50-day moving average is $26.48 and its 200 day moving average is $28.21. StandardAero, Inc. has a 1-year low of $23.83 and a 1-year high of $34.48. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.12 and a quick ratio of 1.59. The company has a market cap of $10.01 billion, a P/E ratio of 34.20 and a beta of 0.91.

StandardAero (NYSE:SARO) last announced its earnings results on Thursday, May 7th. The company reported $0.33 EPS for the quarter, topping 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 net margin of 4.71% and a return on equity of 12.36%. The firm’s revenue was up 13.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.19 earnings per share. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. Research analysts predict that StandardAero, Inc. will post 1.42 earnings per share for the current fiscal year.

Insider Transactions at StandardAero

In related news, CFO Daniel Satterfield sold 2,306 shares of the business’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $27.36, for a total transaction of $63,092.16. Following the completion of the transaction, the chief financial officer owned 6,232 shares in the company, valued at $170,507.52. The trade was a 27.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Kimberly Ernzen sold 2,516 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 transaction of $68,837.76. Following the transaction, the chief operating officer owned 6,632 shares of the company’s stock, valued at approximately $181,451.52. This trade represents a 27.50% 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. Over the last 90 days, insiders have sold 19,337 shares of company stock worth $529,060. 2.10% of the stock is owned by corporate insiders.

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.